Flex LNG (FLNG) Debt Ratio (2018 - 2026)

Flex LNG (FLNG) posted Debt Ratio of 0.7 for Q1 2026, little changed sequentially from 0.7 in Q4 2025, and up 3.8% YoY from 0.68 in Q1 2025.

Flex LNG (FLNG) Debt Ratio (2018 - 2026) Analysis & Trends

Flex LNG has reported Debt Ratio for 9 years, with the latest figure at 0.7 in Q1 2026.

  • Quarterly Debt Ratio rose 3.8% year-over-year to 0.7 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.7 (up 3.8% YoY) and the FY2025 annual result came in at 0.7, up 3.73% from the prior year.
  • Debt Ratio held at 0.7 in Q1 2026 per FLNG's latest filing, from 0.7 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.7 in Q1 2026 and troughed at 0.08 in Q3 2022.
  • A 5-year average of 0.64 and a median of 0.67 in 2024 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2022 and 2023: Debt Ratio plunged 86.7% in 2022, then soared 682.63% in 2023.
  • Over 5 years, Debt Ratio stood at 0.64 in 2022, then increased by 4.4% to 0.67 in 2023, then gained by 1.4% to 0.68 in 2024, then increased by 3.73% to 0.7 in 2025, then grew by 0.03% to 0.7 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.7, 0.7, and 0.7 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 0.44
2 Enbridge 110.69 Bn 109.19 Bn 5.23 Bn 0.48
3 Enterprise Products Partners 83.45 Bn 82.54 Bn - 0.41
4 Energy Transfer 72.64 Bn 71.61 Bn 7.40 Bn 0.46
5 Tc Energy 65.84 Bn 58.29 Bn 1.24 Bn -
6 Mplx 60.05 Bn 59.02 Bn 2.73 Bn 0.60
7 Oneok 59.98 Bn 59.82 Bn 2.81 Bn 0.48
8 Targa Resources 59.50 Bn 59.37 Bn 2.14 Bn 0.69
9 Cheniere Energy 55.93 Bn 54.68 Bn 5.29 Bn 0.50
10 Flex LNG 1.67 Bn 1.28 Bn 61.79 Mn 0.70

Historic Data

Download Data
DateValue
Mar 31, 2026 0.70
Dec 31, 2025 0.70
Sep 30, 2025 0.70
Jun 30, 2025 0.69
Mar 31, 2025 0.68
Dec 31, 2024 0.68
Sep 30, 2024 0.66
Jun 30, 2024 0.67
Mar 31, 2024 0.67
Dec 31, 2023 0.67
Sep 30, 2023 0.66
Jun 30, 2023 0.67
Mar 31, 2023 0.67
Dec 31, 2022 0.64
Sep 30, 2022 0.08
Jun 30, 2022 0.64
Mar 31, 2022 0.63
Dec 31, 2021 0.64
Sep 30, 2021 0.64
Jun 30, 2021 0.64