Flex LNG FLNG
NYSE FLNG
$31.50 +0.22 (+0.70%)
At close: Sep 4, 2026 · 4:00 PM EDT

Flex LNG (FLNG) Interest Coverage Ratio (2018 - 2026)

Flex LNG's (FLNG) quarterly Interest Coverage Ratio came in at 1.7 in Q1 2026, up 20.37% year-over-year from 1.41 in Q1 2025, and up 5.92% quarter-over-quarter from 1.81 in Q4 2025.

Analysis

Flex LNG (FLNG) Interest Coverage Ratio (2018 - 2026) Analysis & Trends

Flex LNG has disclosed Interest Coverage Ratio across 9 years of filings, most recently posting 1.7 for Q1 2026.

  • In Q1 2026, Interest Coverage Ratio rose 20.37% year-over-year to 1.7; the TTM figure through Mar 2026 stood at 1.86 (up 5.07% YoY), while the FY2025 annual figure was 1.9, down 1.32% from the prior year.
  • Interest Coverage Ratio came in at 1.7 for Q1 2026 at Flex LNG, up from 1.81 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 1.7 in Q1 2026 to a low of 3.06 in Q2 2022.
  • Average Interest Coverage Ratio over 5 years is 2.12, with a median of 2.04 recorded in 2023.
  • The largest YoY upside for Interest Coverage Ratio was 53.79% in 2022 against a maximum downside of 43.9% in 2022.
  • Over 5 years, Interest Coverage Ratio stood at 2.49 in 2022, then gained by 16.05% to 2.09 in 2023, then increased by 11.88% to 1.84 in 2024, then gained by 1.74% to 1.81 in 2025, then advanced by 5.92% to 1.7 in 2026.
  • Per Business Quant data, the three most recent Interest Coverage Ratio figures were 1.7 in Q1 2026, 1.81 in Q4 2025, and 1.8 in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - -19.06
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 11.15
3 Matson 6.74 Bn 6.62 Bn - 99.31
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 28.53
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn -27.49
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn -5.52
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn -11.03
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 12.46
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn -6.40
10 Flex LNG 1.70 Bn 1.31 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.70
Dec 31, 2025 -1.81
Sep 30, 2025 -1.80
Mar 31, 2025 -2.14
Dec 31, 2024 -1.84
Sep 30, 2024 -1.96
Mar 31, 2024 -1.95
Dec 31, 2023 -2.09
Sep 30, 2023 -2.04
Jun 30, 2023 -1.77
Mar 31, 2023 -2.09
Dec 31, 2022 -2.49
Sep 30, 2022 -2.45
Jun 30, 2022 -3.06
Mar 31, 2022 -2.62
Dec 31, 2021 -5.38
Sep 30, 2021 -3.24
Jun 30, 2021 -2.12
Dec 31, 2020 -2.96
Sep 30, 2020 -1.13