Flex LNG (FLNG) EBITDA (2018 - 2026)
Flex LNG (FLNG) posted EBITDA of $64.3 million for Q1 2026, down 7.27% sequentially from $69.4 million in Q4 2025, and down 11.68% YoY from $72.9 million in Q1 2025.
Flex LNG (FLNG) EBITDA (2018 - 2026) Analysis & Trends
Flex LNG has reported EBITDA for 9 years, with the latest figure at $64.3 million in Q1 2026.
- Quarterly EBITDA fell 11.68% year-over-year to $64.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $272.2 million (down 7.09% YoY) and the FY2025 annual result came in at $99.2 million, down 18.91% from the prior year.
- EBITDA eased to $64.3 million in Q1 2026 per FLNG's latest filing, from $69.4 million in the prior quarter.
- Over five years, EBITDA peaked at $84.0 million in Q4 2022 and troughed at $62.9 million in Q1 2022.
- A 5-year average of $73.4 million and a median of $72.9 million in 2025 frame the typical range for EBITDA.
- The widest YoY moves for EBITDA: up 50.79% in 2022, down 16.44% in 2022.
- Over 5 years, EBITDA stood at $84.0 million in 2022, then dropped by 3.69% to $80.9 million in 2023, then dropped by 6.1% to $76.0 million in 2024, then retreated by 8.68% to $69.4 million in 2025, then slipped by 7.27% to $64.3 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered $64.3 million, $69.4 million, and $68.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 1.35 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 2.10 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 2.25 Bn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 3.57 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 1.45 Mn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 1.38 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 1.59 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 1.23 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 4.29 Bn |
| 10 | Flex LNG | 1.67 Bn | 1.28 Bn | 61.79 Mn | 64.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 64.35 Mn |
| Dec 31, 2025 | 69.39 Mn |
| Sep 30, 2025 | 68.75 Mn |
| Jun 30, 2025 | 69.73 Mn |
| Mar 31, 2025 | 72.85 Mn |
| Dec 31, 2024 | 75.99 Mn |
| Sep 30, 2024 | 74.52 Mn |
| Jun 30, 2024 | 69.62 Mn |
| Mar 31, 2024 | 76.09 Mn |
| Dec 31, 2023 | 80.92 Mn |
| Sep 30, 2023 | 79.94 Mn |
| Jun 30, 2023 | 71.63 Mn |
| Mar 31, 2023 | 80.64 Mn |
| Dec 31, 2022 | 84.02 Mn |
| Sep 30, 2022 | 76.10 Mn |
| Jun 30, 2022 | 70.61 Mn |
| Mar 31, 2022 | 62.92 Mn |
| Dec 31, 2021 | 100.55 Mn |
| Sep 30, 2021 | 67.91 Mn |
| Jun 30, 2021 | 46.83 Mn |