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

Flex LNG's (FLNG) quarterly EBITDA Margin came in at 24.25% in Q1 2026, up 307.0% year-on-year from 5.96% in Q1 2025, and down 1.49% quarter-over-quarter from 24.62% in Q4 2025.

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

Flex LNG has disclosed EBITDA Margin across 9 years of filings, most recently posting 24.25% for Q1 2026.

  • EBITDA Margin for Q1 2026 came in at 24.25%, up 307.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.26% (down 685.0% YoY), and the FY2025 annual result was 21.52%, down 1150.0% from the prior year.
  • EBITDA Margin came in at 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.
  • The 5-year median for EBITDA Margin is 25.78% (2024), against an average of 34.89%.
  • Across the five-year window, EBITDA Margin soared 3324 bps in 2022 and plunged 5690 bps in 2023, its largest moves.
  • Flex LNG's EBITDA Margin stood at 42.31% in 2022, then plunged by 53 bps to 19.94% in 2023, then surged by 149 bps to 49.73% in 2024, then plunged by 50 bps to 24.62% in 2025, then slipped by 1 bps to 24.25% in 2026.
  • The last three EBITDA Margin figures came in at 24.25% (Q1 2026), 24.62% (Q4 2025), and 19.63% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 14.43%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 13.17%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 29.91%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 10.74%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 50.33%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 28.57%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 14.85%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 68.07%
10 Flex LNG 10,663.20 -389.06 Mn 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%