Flex LNG (FLNG) Dividend Coverage Ratio (2020 - 2026)
Flex LNG's (FLNG) quarterly Dividend Coverage Ratio came in at 0.42 in Q1 2026, up 42.36% year-over-year from 0.29 in Q1 2025, and up 31.78% quarter-over-quarter from 0.61 in Q4 2025.
Analysis
Flex LNG (FLNG) Dividend Coverage Ratio (2020 - 2026) Analysis & Trends
Flex LNG has disclosed Dividend Coverage Ratio across 7 years of filings, most recently posting 0.42 for Q1 2026.
- In Q1 2026, Dividend Coverage Ratio rose 42.36% year-over-year to 0.42; the TTM figure through Mar 2026 stood at 0.58 (up 26.43% YoY), while the FY2025 annual figure was 0.62, up 21.15% from the prior year.
- Dividend Coverage Ratio came in at 0.42 for Q1 2026 at Flex LNG, up from 0.61 in the prior quarter.
- In the past five years, Dividend Coverage Ratio ranged from a high of 0.42 in Q1 2026 to a low of 1.4 in Q1 2022.
- Average Dividend Coverage Ratio over 5 years is 0.82, with a median of 0.72 recorded in 2025.
- Year-over-year, Dividend Coverage Ratio surged 57.76% in 2022 and slumped 43.17% in 2024.
- Over 5 years, Dividend Coverage Ratio stood at 1.36 in 2022, then surged by 41.08% to 0.8 in 2023, then increased by 5.73% to 0.76 in 2024, then increased by 19.22% to 0.61 in 2025, then surged by 31.78% to 0.42 in 2026.
- Per Business Quant data, the three most recent Dividend Coverage Ratio figures were 0.42 in Q1 2026, 0.61 in Q4 2025, and 0.58 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | -1.91 |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | - |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 11.76 |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 1.31 |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -1.95 |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | -19.94 |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 0.97 |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -4.72 |
| 10 | Flex LNG | 1.70 Bn | 1.31 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -0.42 |
| Dec 31, 2025 | -0.61 |
| Sep 30, 2025 | -0.58 |
| Mar 31, 2025 | -0.72 |
| Dec 31, 2024 | -0.76 |
| Sep 30, 2024 | -0.71 |
| Mar 31, 2024 | -0.94 |
| Dec 31, 2023 | -0.80 |
| Sep 30, 2023 | -0.90 |
| Jun 30, 2023 | -0.70 |
| Mar 31, 2023 | -0.66 |
| Dec 31, 2022 | -1.36 |
| Sep 30, 2022 | -0.64 |
| Jun 30, 2022 | -1.04 |
| Mar 31, 2022 | -1.40 |
| Dec 31, 2021 | -1.54 |
| Sep 30, 2021 | -1.50 |
| Jun 30, 2021 | -0.74 |
| Dec 31, 2020 | -4.47 |
| Mar 31, 2020 | 2.76 |