Flex LNG (FLNG) EBT Margin (2018 - 2026)
Flex LNG's (FLNG) quarterly EBT Margin came in at 24.28% in Q1 2026, up 306.0% year-over-year from 5.98% in Q1 2025, and down 1.45% quarter-over-quarter from 24.64% in Q4 2025.
Analysis
Flex LNG (FLNG) EBT Margin (2018 - 2026) Analysis & Trends
Flex LNG has disclosed EBT Margin across 9 years of filings, most recently posting 24.28% for Q1 2026.
- In Q1 2026, EBT Margin rose 306.0% year-over-year to 24.28%; the TTM figure through Mar 2026 stood at 22.43% (down 946.0% YoY), while the FY2025 annual figure was 21.54%, down 1152.0% from the prior year.
- EBT Margin came in at 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.
- Average EBT Margin over 5 years is 36.47%, with a median of 36.8% recorded in 2024.
- Year-over-year, EBT Margin jumped 3321 bps in 2022 and plunged 5688 bps in 2023.
- Over 5 years, EBT Margin stood at 42.36% in 2022, then sank by 53 bps to 19.95% in 2023, then surged by 150 bps to 49.79% in 2024, then slumped by 51 bps to 24.64% in 2025, then retreated by 1 bps to 24.28% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 24.28% in Q1 2026, 24.64% in Q4 2025, and 19.65% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 69.94% |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 12.84% |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 16.91% |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 63.11% |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 34.23% |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 60.09% |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 109.93% |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 47.71% |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 51.16% |
| 10 | Flex LNG | 1.70 Bn | 1.31 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 24.28% |
| Dec 31, 2025 | 24.64% |
| Sep 30, 2025 | 19.65% |
| Mar 31, 2025 | 21.21% |
| Dec 31, 2024 | 49.79% |
| Sep 30, 2024 | 19.26% |
| 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% |
| Dec 31, 2020 | 38.35% |
| Sep 30, 2020 | 11.66% |