Flex LNG FLNG
NYSE FLNG
$31.50 +0.22 (+0.70%)
At close: Sep 4, 2026 · 4:00 PM EDT

Flex LNG (FLNG) EBITDA (2018 - 2026)

Flex LNG's (FLNG) quarterly EBITDA came in at $10.9 million in Q1 2026, down 45.5% year-over-year from $20.0 million in Q1 2025, and down 37.43% quarter-over-quarter from $17.4 million in Q4 2025.

Analysis

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

Flex LNG has disclosed EBITDA across 9 years of filings, most recently posting $10.9 million for Q1 2026.

  • In Q1 2026, EBITDA fell 45.5% year-over-year to $10.9 million; the TTM figure through Mar 2026 stood at $64.7 million (down 28.64% YoY), while the FY2025 annual figure was $71.0 million, down 20.54% from the prior year.
  • EBITDA came in at $10.9 million for Q1 2026 at Flex LNG, down from $17.4 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $31.5 million in Q4 2022 to a low of $10.9 million in Q1 2026.
  • Average EBITDA over 5 years is $22.7 million, with a median of $23.8 million recorded in 2024.
  • Year-over-year, EBITDA plunged 74.63% in 2022 and surged 70.48% in 2023.
  • Over 5 years, EBITDA stood at $31.5 million in 2022, then decreased by 9.23% to $28.6 million in 2023, then dropped by 22.81% to $22.1 million in 2024, then retreated by 21.16% to $17.4 million in 2025, then tumbled by 37.43% to $10.9 million in 2026.
  • Per Business Quant data, the three most recent EBITDA figures were $10.9 million in Q1 2026, $17.4 million in Q4 2025, and $16.4 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - 742.84 Mn
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 122.36 Mn
3 Matson 6.74 Bn 6.62 Bn - 158.90 Mn
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 301.35 Mn
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn 287.33 Mn
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn 655.01 Mn
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn 300.50 Mn
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 115.25 Mn
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn 355.10 Mn
10 Flex LNG 1.70 Bn 1.31 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 10.90 Mn
Dec 31, 2025 17.42 Mn
Sep 30, 2025 16.40 Mn
Mar 31, 2025 20.00 Mn
Dec 31, 2024 22.09 Mn
Sep 30, 2024 23.81 Mn
Mar 31, 2024 24.78 Mn
Dec 31, 2023 28.62 Mn
Sep 30, 2023 27.95 Mn
Jun 30, 2023 22.31 Mn
Mar 31, 2023 27.66 Mn
Dec 31, 2022 31.53 Mn
Sep 30, 2022 26.52 Mn
Jun 30, 2022 23.88 Mn
Mar 31, 2022 16.22 Mn
Dec 31, 2021 46.82 Mn
Sep 30, 2021 22.38 Mn
Jun 30, 2021 46.83 Mn
Mar 31, 2021 63.95 Mn
Dec 31, 2020 17.13 Mn