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 | 172.47 Bn | 164.72 Bn | - | - |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | - |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | - |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | - |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | - |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | - |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | - |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | - |
| 10 | Flex LNG | 1.41 Bn | -303.53 Mn | 87.56 Mn | 81.99% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 81.99% |
| Mar 31, 2026 | 76.80% |
| Dec 31, 2025 | 77.34% |
| Sep 30, 2025 | 78.11% |
| Jun 30, 2025 | 78.86% |
| Mar 31, 2025 | 79.52% |
| Dec 31, 2024 | 80.65% |
| Sep 30, 2024 | 80.29% |
| Jun 30, 2024 | 78.97% |
| Mar 31, 2024 | 81.52% |
| Dec 31, 2023 | 81.05% |
| Sep 30, 2023 | 82.09% |
| Jun 30, 2023 | 80.06% |
| Mar 31, 2023 | 83.02% |
| Dec 31, 2022 | 83.45% |
| Sep 30, 2022 | 80.83% |
| Jun 30, 2022 | 81.74% |
| Mar 31, 2022 | 80.75% |
| Dec 31, 2021 | 86.02% |
| Sep 30, 2021 | 81.04% |
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();