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| Date | Value |
|---|---|
| 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% |