Flex LNG (FLNG) EV to EBITDA (2019 - 2026)
Flex LNG's (FLNG) quarterly EV to EBITDA came in at 121.43 in Q1 2026, up 153.65% year-over-year from 47.87 in Q1 2025, and up 105.64% quarter-over-quarter from 59.05 in Q4 2025.
Analysis
Flex LNG (FLNG) EV to EBITDA (2019 - 2026) Analysis & Trends
Flex LNG has disclosed EV to EBITDA across 8 years of filings, most recently posting 121.43 for Q1 2026.
- In Q1 2026, EV to EBITDA rose 153.65% year-over-year to 121.43; the TTM figure through Mar 2026 stood at 20.45 (up 93.69% YoY), while the FY2025 annual figure was 14.5, up 40.56% from the prior year.
- EV to EBITDA came in at 121.43 for Q1 2026 at Flex LNG, up from 59.05 in the prior quarter.
- In the past five years, EV to EBITDA ranged from a high of 121.43 in Q1 2026 to a low of 41.99 in Q4 2024.
- Average EV to EBITDA over 5 years is 57.75, with a median of 51.62 recorded in 2022.
- Year-over-year, EV to EBITDA surged 1028.07% in 2022 and plunged 38.23% in 2023.
- Over 5 years, EV to EBITDA stood at 48.06 in 2022, then declined by 8.0% to 44.21 in 2023, then decreased by 5.02% to 41.99 in 2024, then jumped by 40.62% to 59.05 in 2025, then surged by 105.64% to 121.43 in 2026.
- Per Business Quant data, the three most recent EV to EBITDA figures were 121.43 in Q1 2026, 59.05 in Q4 2025, and 61.9 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn |
| 10 | Flex LNG | 1.70 Bn | 1.31 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 121.43 |
| Dec 31, 2025 | 59.05 |
| Sep 30, 2025 | 61.90 |
| Mar 31, 2025 | 47.87 |
| Dec 31, 2024 | 41.99 |
| Sep 30, 2024 | 48.51 |
| Mar 31, 2024 | 43.66 |
| Dec 31, 2023 | 44.21 |
| Sep 30, 2023 | 46.47 |
| Jun 30, 2023 | 58.44 |
| Mar 31, 2023 | 52.45 |
| Dec 31, 2022 | 48.06 |
| Sep 30, 2022 | 55.60 |
| Jun 30, 2022 | 51.62 |
| Mar 31, 2022 | 84.91 |
| Dec 31, 2021 | 23.36 |
| Sep 30, 2021 | 38.45 |
| Jun 30, 2021 | 13.90 |
| Mar 31, 2021 | 7.53 |
| Dec 31, 2020 | 21.76 |