Flex LNG (FLNG) Gross Margin (2018 - 2021)
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 - 2021) 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 | 170.47 Bn | 164.99 Bn | - | - |
| 2 | Csx | 89.21 Bn | 85.41 Bn | - | - |
| 3 | United Parcel Service | 83.90 Bn | 60.80 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 77.28 Bn | 76.30 Bn | - | - |
| 5 | Norfolk Southern | 73.05 Bn | 67.69 Bn | - | - |
| 6 | Fedex | 70.97 Bn | 36.91 Bn | - | - |
| 7 | Delta Air Lines | 50.13 Bn | 32.32 Bn | - | - |
| 8 | Old Dominion Freight Line | 39.18 Bn | 38.44 Bn | - | - |
| 9 | United Airlines Holdings | 31.95 Bn | -24.42 Bn | - | - |
| 10 | Flex LNG | 1.49 Bn | -202.54 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2021 | 76.51% |
| Dec 31, 2020 | 78.55% |
| Sep 30, 2020 | 74.22% |
| Jun 30, 2020 | 74.92% |
| Mar 31, 2020 | 80.26% |
| Jun 30, 2019 | 72.84% |
| Mar 31, 2019 | 76.35% |
| Jun 30, 2018 | 67.41% |
| Mar 31, 2018 | 20.89% |
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();