Flex LNG (FLNG) EBITDA Margin (2018 - 2026)

Flex LNG (FLNG) reported EBITDA Margin of 24.25% for Q1 2026, up 307.0% year-over-year from 5.96% in Q1 2025, and down 1.49% sequentially from 24.62% in Q4 2025.

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

Flex LNG's EBITDA Margin history runs 9 years deep, the most recent figure standing at 24.25% for Q1 2026.

  • Quarterly EBITDA Margin rose 307.0% year-over-year to 24.25% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.26% (down 685.0% YoY) and the FY2025 annual result came in at 21.52%, down 1150.0% from the prior year.
  • EBITDA Margin was 24.25% for Q1 2026 at Flex LNG, down from 24.62% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 74.78% in Q1 2022 to a low of 17.88% in Q1 2023.
  • Median EBITDA Margin over the past 5 years was 25.78% (2024), compared with a mean of 34.89%.
  • Across the five-year window, EBITDA Margin surged 3324 bps in 2022 and tumbled 5690 bps in 2023, its largest moves.
  • Over 5 years, EBITDA Margin stood at 42.31% in 2022, then tumbled by 53 bps to 19.94% in 2023, then jumped by 149 bps to 49.73% in 2024, then tumbled by 50 bps to 24.62% in 2025, then decreased by 1 bps to 24.25% in 2026.
  • Business Quant data shows FLNG's EBITDA Margin at 24.25% in Q1 2026, 24.62% in Q4 2025, and 19.63% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 14.43%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 29.91%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 13.17%
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 10.74%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 28.57%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 50.33%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 14.85%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 14.83%
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 30.44%
10 Flex LNG - - 61.79 Mn 24.25%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.25%
Dec 31, 2025 24.62%
Sep 30, 2025 19.63%
Jun 30, 2025 20.61%
Mar 31, 2025 21.18%
Dec 31, 2024 49.73%
Sep 30, 2024 19.24%
Jun 30, 2024 25.78%
Mar 31, 2024 36.82%
Dec 31, 2023 19.94%
Sep 30, 2023 47.68%
Jun 30, 2023 44.99%
Mar 31, 2023 17.88%
Dec 31, 2022 42.31%
Sep 30, 2022 51.05%
Jun 30, 2022 52.59%
Mar 31, 2022 74.78%
Dec 31, 2021 60.59%
Sep 30, 2021 40.13%
Jun 30, 2021 19.35%