Flex LNG (FLNG) Debt to Equity (2018 - 2025)
Flex LNG (FLNG) reported Debt to Equity of $2.57 for Q4 2025, up 14.36% year-over-year from $2.25 in Q4 2024, and up 14.36% sequentially from $2.25 in Q4 2024.
Flex LNG (FLNG) Debt to Equity (2018 - 2025) Analysis & Trends
Flex LNG's Debt to Equity history runs 8 years deep, the most recent figure standing at $2.57 for Q4 2025.
- Quarterly Debt to Equity rose 14.36% year-over-year to $2.57 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.57 (up 14.36% YoY) and the FY2025 annual result came in at $2.57, up 14.36% from the prior year.
- Debt to Equity was $2.57 for Q4 2025 at Flex LNG, up from $2.25 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $315.28 in Q4 2022 to a low of $2.14 in Q4 2023.
- Median Debt to Equity over the past 5 years was $2.57 (2025), compared with a mean of $124.82.
- Across the five-year window, Debt to Equity jumped 8063.82% in 2021 and tumbled 99.32% in 2023, its largest moves.
- Over 5 years, Debt to Equity stood at $301.87 in 2021, then rose by 4.44% to $315.28 in 2022, then sank by 99.32% to $2.14 in 2023, then gained by 5.1% to $2.25 in 2024, then gained by 14.36% to $2.57 in 2025.
- Business Quant data shows FLNG's Debt to Equity at $2.57 in Q4 2025, $2.25 in Q4 2024, and $2.14 in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 1.66 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.02 |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.12 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 2.01 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 5.85 |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.79 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 1.43 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 182.28 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 3.41 |
| 10 | Flex LNG | - | - | 61.79 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.57 |
| Dec 31, 2024 | 2.25 |
| Dec 31, 2023 | 2.14 |
| Dec 31, 2022 | 315.28 |
| Dec 31, 2021 | 301.87 |
| Dec 31, 2020 | -3.79 |
| Jun 30, 2020 | 140.86 |
| Dec 31, 2019 | -0.65 |
| Dec 31, 2018 | -1.24 |