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-on-year from 1.41 in Q1 2025, and up 8.58% quarter-over-quarter from 1.86 in Q4 2025.

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.

  • Interest Coverage Ratio for Q1 2026 came in at 1.7, up 20.37% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.8 (up 6.03% YoY), and the FY2025 annual result was 1.9, up 1.32% from the prior year.
  • Interest Coverage Ratio came in at 1.7 for Q1 2026 at Flex LNG, up from 1.86 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 1.64 in Q2 2024 to a low of 3.06 in Q2 2022.
  • The 5-year median for Interest Coverage Ratio is 1.96 (2024), against an average of 2.08.
  • Peak annual rise in Interest Coverage Ratio reached 53.79% in 2022, while the deepest fall reached 43.9% in 2022.
  • Flex LNG's Interest Coverage Ratio stood at 2.49 in 2022, then gained by 16.05% to 2.09 in 2023, then climbed by 6.17% to 1.96 in 2024, then grew by 5.03% to 1.86 in 2025, then advanced by 8.58% to 1.7 in 2026.
  • The last three Interest Coverage Ratio figures came in at 1.7 (Q1 2026), 1.86 (Q4 2025), and 1.8 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 2.64
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 4.92
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn -
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 3.15
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -17.95
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 4.17
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 3.25
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 3.25
10 Flex LNG 10,663.20 -389.06 Mn 61.79 Mn -1.70

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.70
Dec 31, 2025 -1.86
Sep 30, 2025 -1.80
Jun 30, 2025 -1.81
Mar 31, 2025 -2.14
Dec 31, 2024 -1.96
Sep 30, 2024 -1.96
Jun 30, 2024 -1.64
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