Flex LNG (FLNG) EBITDA Margin (2018 - 2026)
Flex LNG (FLNG) reported EBITDA Margin of 79.97% for Q1 2026, down 241.0% on a YoY basis from 56.72% in Q1 2025, and up 0.89% sequentially from 79.27% in Q4 2025.
Flex LNG (FLNG) EBITDA Margin (2018 - 2026) Analysis & Trends
Flex LNG (FLNG) has 9 years of EBITDA Margin data on file, last reported at 79.97% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin fell 241.0% year-over-year to 79.97%; the trailing twelve-month figure through Mar 2026 stood at 80.14% (down 249.0% YoY), and the FY2025 full-year result was 28.53%, down 579.0% from the prior year.
- EBITDA Margin improved to 79.97% in Q1 2026, from 79.27% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 87.2% in Q1 2023 to a low of 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.
- Across the five-year window, EBITDA Margin jumped 1278 bps in 2022 and tumbled 429 bps in 2025, its largest moves.
- Tracing FLNG's EBITDA Margin over 5 years: stood at 85.8% in 2022, then dropped by 3 bps to 83.23% in 2023, then rose by 0 bps to 83.56% in 2024, then slipped by 5 bps to 79.27% in 2025, then climbed by 1 bps to 79.97% in 2026.
- Business Quant data shows FLNG's EBITDA Margin at 79.97% in Q1 2026, 79.27% in Q4 2025, and 80.24% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 71.56% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 79.97% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 30.06% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 14.43% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 13.17% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.10% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 10.74% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 20.68% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 14.85% |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 51.68% |
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% |