Flex LNG (FLNG) Gross Margin (2018 - 2026)
Flex LNG (FLNG) reported Gross Margin of 94.01% for the quarter ended Jun 30, 2026, down 2.53 percentage points from 96.54% a year earlier but up 1.20 percentage points from the prior quarter.
Flex LNG (FLNG) Gross Margin (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Flex LNG's Gross Margin came in at 94.56%, down 3.48 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 96.44%, down 2.61 percentage points from the prior year.
- Gross Margin has a five-year change of -1.31 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Gross Margin came in at 99.05% in the year ended Dec 31, 2024 (-0.49 pp), 99.55% in the year ended Dec 31, 2023 (+0.27 pp), 99.28% in the year ended Dec 31, 2022 (+0.25 pp) and 99.03% in the year ended Dec 31, 2021 (+1.28 pp).
- Five-year quarterly Gross Margin spans a low of 92.81% in the quarter ended Mar 31, 2026 and a high of 99.98% in the quarter ended Sep 30, 2021.
- Year over year, Gross Margin has now declined in each of the last four quarters, with an average year-over-year change of -2.43 percentage points over the last seven quarters.
- The high point for year-over-year Gross Margin in five years was the quarter ended Sep 30, 2021 (a gain of 3.36 percentage points); the low point was the quarter ended Mar 31, 2026 (a drop of 4.95 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 92.81% (quarter ended Mar 31, 2026), 95.70% (quarter ended Dec 31, 2025) and 95.74% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | - |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | - |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 61.47% |
| 10 | Flex LNG | 1.67 Bn | 316.64 Mn | 72.59 Mn | 94.01% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 94.01% |
| Mar 31, 2026 | 92.81% |
| Dec 31, 2025 | 95.70% |
| Sep 30, 2025 | 95.74% |
| Jun 30, 2025 | 96.54% |
| Mar 31, 2025 | 97.76% |
| Dec 31, 2024 | 98.03% |
| Sep 30, 2024 | 99.70% |
| Mar 31, 2024 | 99.38% |
| Dec 31, 2023 | 99.77% |
| Sep 30, 2023 | 99.55% |
| Jun 30, 2023 | 99.12% |
| Mar 31, 2023 | 99.70% |
| Dec 31, 2022 | 99.78% |
| Sep 30, 2022 | 99.52% |
| Jun 30, 2022 | 99.39% |
| Mar 31, 2022 | 98.18% |
| Dec 31, 2021 | 99.10% |
| Sep 30, 2021 | 99.98% |
| Jun 30, 2021 | 98.51% |
Flex LNG Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=FLNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "FLNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=FLNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();