Flex LNG (FLNG) EBITDA Margin (2018 - 2026)
Flex LNG (FLNG) posted EBITDA Margin of 79.97% for Q1 2026, up 0.89% sequentially from 79.27% in Q4 2025, and down 241.0% YoY from 56.72% in Q1 2025.
Flex LNG (FLNG) EBITDA Margin (2018 - 2026) Analysis & Trends
Flex LNG has reported EBITDA Margin for 9 years, with the latest figure at 79.97% in Q1 2026.
- Quarterly EBITDA Margin fell 241.0% year-over-year to 79.97% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 80.14% (down 249.0% YoY) and the FY2025 annual result came in at 28.53%, down 579.0% from the prior year.
- EBITDA Margin improved to 79.97% in Q1 2026 per FLNG's latest filing, from 79.27% in the prior quarter.
- Over five years, EBITDA Margin peaked at 87.2% in Q1 2023 and troughed at 79.27% in Q4 2025.
- A 5-year average of 82.97% and a median of 83.23% in 2023 frame the typical range for EBITDA Margin.
- The sharpest annual moves came in 2022 and 2025: EBITDA Margin soared 1278 bps in 2022, then sank 429 bps in 2025.
- Over 5 years, EBITDA Margin stood at 85.8% in 2022, then retreated by 3 bps to 83.23% in 2023, then climbed by 0 bps to 83.56% in 2024, then fell by 5 bps to 79.27% in 2025, then rose by 1 bps to 79.97% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 79.97%, 79.27%, and 80.24% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 30.06% |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 9.93% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 12.31% |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 10.41% |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 0.11% |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 41.61% |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 13.22% |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 27.80% |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 74.84% |
| 10 | Flex LNG | 1.67 Bn | 1.28 Bn | 61.79 Mn | 79.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 79.97% |
| Dec 31, 2025 | 79.27% |
| Sep 30, 2025 | 80.24% |
| Jun 30, 2025 | 81.10% |
| Mar 31, 2025 | 82.38% |
| Dec 31, 2024 | 83.56% |
| Sep 30, 2024 | 82.36% |
| Jun 30, 2024 | 82.20% |
| Mar 31, 2024 | 84.32% |
| Dec 31, 2023 | 83.23% |
| Sep 30, 2023 | 84.51% |
| Jun 30, 2023 | 82.59% |
| Mar 31, 2023 | 87.20% |
| Dec 31, 2022 | 85.80% |
| Sep 30, 2022 | 83.39% |
| Jun 30, 2022 | 83.90% |
| Mar 31, 2022 | 84.37% |
| Dec 31, 2021 | 87.75% |
| Sep 30, 2021 | 83.07% |
| Jun 30, 2021 | 71.12% |