Flex LNG (FLNG) Net Margin (2018 - 2026)
Flex LNG's (FLNG) quarterly Net Margin came in at 24.31% in Q1 2026, up 306.0% year-on-year from 5.99% in Q1 2025, and down 1.4% quarter-over-quarter from 24.65% in Q4 2025.
Flex LNG (FLNG) Net Margin (2018 - 2026) Analysis & Trends
Flex LNG has disclosed Net Margin across 9 years of filings, most recently posting 24.31% for Q1 2026.
- Net Margin for Q1 2026 came in at 24.31%, up 306.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.3% (down 691.0% YoY), and the FY2025 annual result was 21.52%, down 1150.0% from the prior year.
- Net Margin came in at 24.31% for Q1 2026 at Flex LNG, down from 24.65% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 74.82% in Q1 2022 to a low of 17.95% in Q1 2023.
- The 5-year median for Net Margin is 25.95% (2024), against an average of 34.94%.
- Across the five-year window, Net Margin soared 3318 bps in 2022 and plunged 5687 bps in 2023, its largest moves.
- Flex LNG's Net Margin stood at 42.4% in 2022, then tumbled by 53 bps to 19.95% in 2023, then soared by 150 bps to 49.86% in 2024, then sank by 51 bps to 24.65% in 2025, then retreated by 1 bps to 24.31% in 2026.
- The last three Net Margin figures came in at 24.31% (Q1 2026), 24.65% (Q4 2025), and 19.67% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 7.47% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 10.39% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 20.73% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 4.30% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 30.35% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 11.71% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 8.07% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 23.51% |
| 10 | Flex LNG | 10,663.20 | -389.06 Mn | 61.79 Mn | 24.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.31% |
| Dec 31, 2025 | 24.65% |
| Sep 30, 2025 | 19.67% |
| Jun 30, 2025 | 20.64% |
| Mar 31, 2025 | 21.25% |
| Dec 31, 2024 | 49.86% |
| Sep 30, 2024 | 19.28% |
| Jun 30, 2024 | 25.95% |
| Mar 31, 2024 | 36.78% |
| Dec 31, 2023 | 19.95% |
| Sep 30, 2023 | 47.75% |
| Jun 30, 2023 | 45.00% |
| Mar 31, 2023 | 17.95% |
| Dec 31, 2022 | 42.40% |
| Sep 30, 2022 | 51.11% |
| Jun 30, 2022 | 52.62% |
| Mar 31, 2022 | 74.82% |
| Dec 31, 2021 | 60.71% |
| Sep 30, 2021 | 40.11% |
| Jun 30, 2021 | 19.44% |