Flex LNG (FLNG) EBIT (2018 - 2026)

Flex LNG's (FLNG) quarterly EBIT came in at $34.2 million in Q1 2026, down 27.62% year-on-year from $47.3 million in Q1 2025, and down 19.75% quarter-over-quarter from $42.6 million in Q4 2025.

Flex LNG (FLNG) EBIT (2018 - 2026) Analysis & Trends

Flex LNG has disclosed EBIT across 9 years of filings, most recently posting $34.2 million for Q1 2026.

  • EBIT for Q1 2026 came in at $34.2 million, down 27.62% year-over-year; the trailing twelve-month figure through Mar 2026 was $162.8 million (down 15.72% YoY), and the FY2025 annual result was $175.8 million, down 11.12% from the prior year.
  • EBIT came in at $34.2 million for Q1 2026 at Flex LNG, down from $42.6 million in the prior quarter.
  • In the past five years, EBIT ranged from a high of $61.0 million in Q4 2022 to a low of $34.2 million in Q1 2026.
  • The 5-year median for EBIT is $48.5 million (2022), against an average of $48.6 million.
  • Across the five-year window, EBIT soared 62.87% in 2022 and fell 27.62% in 2026, its largest moves.
  • Flex LNG's EBIT stood at $61.0 million in 2022, then slipped by 5.38% to $57.7 million in 2023, then fell by 13.59% to $49.9 million in 2024, then dropped by 14.56% to $42.6 million in 2025, then decreased by 19.75% to $34.2 million in 2026.
  • The last three EBIT figures came in at $34.2 million (Q1 2026), $42.6 million (Q4 2025), and $42.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 2.35 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.90 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 1.44 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 2.98 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 219.52 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.21 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 846.90 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 1.43 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 2.03 Bn
10 Flex LNG 10,663.20 -389.06 Mn 61.79 Mn 34.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 34.20 Mn
Dec 31, 2025 42.62 Mn
Sep 30, 2025 42.01 Mn
Jun 30, 2025 43.93 Mn
Mar 31, 2025 47.25 Mn
Dec 31, 2024 49.88 Mn
Sep 30, 2024 51.49 Mn
Jun 30, 2024 44.49 Mn
Mar 31, 2024 51.94 Mn
Dec 31, 2023 57.72 Mn
Sep 30, 2023 56.20 Mn
Jun 30, 2023 48.22 Mn
Mar 31, 2023 55.01 Mn
Dec 31, 2022 61.01 Mn
Sep 30, 2022 52.80 Mn
Jun 30, 2022 48.45 Mn
Mar 31, 2022 38.36 Mn
Dec 31, 2021 77.28 Mn
Sep 30, 2021 46.38 Mn
Jun 30, 2021 29.75 Mn