Flex LNG (FLNG) EBITDA Margin (2018 - 2026)
Flex LNG's (FLNG) quarterly EBITDA Margin came in at 18.58% in Q1 2026, down 1387.0% year-over-year from 1.44% in Q1 2025, and down 33.06% quarter-over-quarter from 27.75% in Q4 2025.
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Flex LNG (FLNG) EBITDA Margin (2018 - 2026) Analysis & Trends
Flex LNG has disclosed EBITDA Margin across 9 years of filings, most recently posting 18.58% for Q1 2026.
- In Q1 2026, EBITDA Margin fell 1387.0% year-over-year to 18.58%; the TTM figure through Mar 2026 stood at 26.38% (down 850.0% YoY), while the FY2025 annual figure was 28.53%, down 579.0% from the prior year.
- EBITDA Margin came in at 18.58% for Q1 2026 at Flex LNG, down from 27.75% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 43.71% in Q4 2022 to a low of 18.58% in Q1 2026.
- Average EBITDA Margin over 5 years is 34.13%, with a median of 35.89% recorded in 2024.
- Year-over-year, EBITDA Margin slumped 3494 bps in 2022 and surged 1287 bps in 2023.
- Over 5 years, EBITDA Margin stood at 43.71% in 2022, then slipped by 8 bps to 40.08% in 2023, then dropped by 15 bps to 33.94% in 2024, then decreased by 18 bps to 27.75% in 2025, then tumbled by 33 bps to 18.58% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 18.58% in Q1 2026, 27.75% in Q4 2025, and 26.34% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 78.75% |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 13.27% |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 16.39% |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 64.49% |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 35.22% |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 53.53% |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 73.52% |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 32.25% |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 53.58% |
| 10 | Flex LNG | 1.70 Bn | 1.31 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 18.58% |
| Dec 31, 2025 | 27.75% |
| Sep 30, 2025 | 26.34% |
| Mar 31, 2025 | 32.45% |
| Dec 31, 2024 | 33.94% |
| Sep 30, 2024 | 35.89% |
| Mar 31, 2024 | 37.01% |
| Dec 31, 2023 | 40.08% |
| Sep 30, 2023 | 39.61% |
| Jun 30, 2023 | 34.56% |
| Mar 31, 2023 | 40.43% |
| Dec 31, 2022 | 43.71% |
| Sep 30, 2022 | 37.90% |
| Jun 30, 2022 | 36.18% |
| Mar 31, 2022 | 27.56% |
| Dec 31, 2021 | 51.50% |
| Sep 30, 2021 | 34.46% |
| Jun 30, 2021 | 71.12% |
| Dec 31, 2020 | 33.14% |
| Sep 30, 2020 | 66.03% |