Flex LNG (FLNG) EBITDA (2018 - 2026)
Flex LNG's (FLNG) quarterly EBITDA came in at $19.5 million in Q1 2026, up 4.18% year-on-year from $18.7 million in Q1 2025, and down 9.46% quarter-over-quarter from $21.6 million in Q4 2025.
Flex LNG (FLNG) EBITDA (2018 - 2026) Analysis & Trends
Flex LNG has disclosed EBITDA across 9 years of filings, most recently posting $19.5 million for Q1 2026.
- EBITDA for Q1 2026 came in at $19.5 million, up 4.18% year-over-year; the trailing twelve-month figure through Mar 2026 was $75.6 million (down 26.74% YoY), and the FY2025 annual result was $74.8 million, down 36.43% from the prior year.
- EBITDA came in at $19.5 million for Q1 2026 at Flex LNG, down from $21.6 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $55.8 million in Q1 2022 to a low of $16.5 million in Q1 2023.
- The 5-year median for EBITDA is $21.8 million (2024), against an average of $30.6 million.
- Across the five-year window, EBITDA jumped 247.38% in 2022 and tumbled 70.35% in 2023, its largest moves.
- Flex LNG's EBITDA stood at $41.4 million in 2022, then tumbled by 53.2% to $19.4 million in 2023, then jumped by 133.19% to $45.2 million in 2024, then slumped by 52.34% to $21.6 million in 2025, then declined by 9.46% to $19.5 million in 2026.
- The last three EBITDA figures came in at $19.5 million (Q1 2026), $21.6 million (Q4 2025), and $16.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (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 | - | 214.13 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.53 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 1.17 Bn |
| 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 | 19.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.51 Mn |
| Dec 31, 2025 | 21.55 Mn |
| Sep 30, 2025 | 16.82 Mn |
| Jun 30, 2025 | 17.72 Mn |
| Mar 31, 2025 | 18.73 Mn |
| Dec 31, 2024 | 45.22 Mn |
| Sep 30, 2024 | 17.41 Mn |
| Jun 30, 2024 | 21.84 Mn |
| Mar 31, 2024 | 33.22 Mn |
| Dec 31, 2023 | 19.39 Mn |
| Sep 30, 2023 | 45.10 Mn |
| Jun 30, 2023 | 39.02 Mn |
| Mar 31, 2023 | 16.53 Mn |
| Dec 31, 2022 | 41.43 Mn |
| Sep 30, 2022 | 46.59 Mn |
| Jun 30, 2022 | 44.26 Mn |
| Mar 31, 2022 | 55.76 Mn |
| Dec 31, 2021 | 69.43 Mn |
| Sep 30, 2021 | 32.81 Mn |
| Jun 30, 2021 | 12.74 Mn |