Flex LNG (FLNG) EBT Margin (2018 - 2026)
Flex LNG (FLNG) reported EBT Margin of 24.28% for Q1 2026, up 306.0% year-over-year from 5.98% in Q1 2025, and down 1.45% sequentially from 24.64% in Q4 2025.
Flex LNG (FLNG) EBT Margin (2018 - 2026) Analysis & Trends
Flex LNG's EBT Margin history runs 9 years deep, the most recent figure standing at 24.28% for Q1 2026.
- Quarterly EBT Margin rose 306.0% year-over-year to 24.28% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.28% (down 688.0% YoY) and the FY2025 annual result came in at 21.54%, down 1152.0% from the prior year.
- EBT Margin was 24.28% for Q1 2026 at Flex LNG, down from 24.64% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 74.8% in Q1 2022 to a low of 17.91% in Q1 2023.
- Median EBT Margin over the past 5 years was 25.87% (2024), compared with a mean of 34.91%.
- Across the five-year window, EBT Margin surged 3321 bps in 2022 and plunged 5688 bps in 2023, its largest moves.
- Over 5 years, EBT Margin stood at 42.36% in 2022, then tumbled by 53 bps to 19.95% in 2023, then jumped by 150 bps to 49.79% in 2024, then plunged by 51 bps to 24.64% in 2025, then retreated by 1 bps to 24.28% in 2026.
- Business Quant data shows FLNG's EBT Margin at 24.28% in Q1 2026, 24.64% in Q4 2025, and 19.65% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 10.58% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 26.68% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 10.55% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 7.60% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 14.93% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 30.38% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 10.62% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 5.08% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 16.00% |
| 10 | Flex LNG | - | - | 61.79 Mn | 24.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.28% |
| Dec 31, 2025 | 24.64% |
| Sep 30, 2025 | 19.65% |
| Jun 30, 2025 | 20.63% |
| Mar 31, 2025 | 21.21% |
| Dec 31, 2024 | 49.79% |
| Sep 30, 2024 | 19.26% |
| Jun 30, 2024 | 25.87% |
| Mar 31, 2024 | 36.80% |
| Dec 31, 2023 | 19.95% |
| Sep 30, 2023 | 47.72% |
| Jun 30, 2023 | 44.99% |
| Mar 31, 2023 | 17.91% |
| Dec 31, 2022 | 42.36% |
| Sep 30, 2022 | 51.08% |
| Jun 30, 2022 | 52.60% |
| Mar 31, 2022 | 74.80% |
| Dec 31, 2021 | 60.65% |
| Sep 30, 2021 | 40.12% |
| Jun 30, 2021 | 19.39% |