Flex LNG (FLNG) Net Margin (2018 - 2026)
Flex LNG (FLNG) reported Net Margin of 24.31% for Q1 2026, up 306.0% year-over-year from 5.99% in Q1 2025, and down 1.4% sequentially from 24.65% in Q4 2025.
Flex LNG (FLNG) Net Margin (2018 - 2026) Analysis & Trends
Flex LNG's Net Margin history runs 9 years deep, the most recent figure standing at 24.31% for Q1 2026.
- Quarterly Net Margin rose 306.0% year-over-year to 24.31% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.3% (down 691.0% YoY) and the FY2025 annual result came in at 21.52%, down 1150.0% from the prior year.
- Net Margin was 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.
- Median Net Margin over the past 5 years was 25.95% (2024), compared with a mean of 34.94%.
- Across the five-year window, Net Margin surged 3318 bps in 2022 and tumbled 5687 bps in 2023, its largest moves.
- Over 5 years, Net Margin stood at 42.4% in 2022, then slumped by 53 bps to 19.95% in 2023, then surged by 150 bps to 49.86% in 2024, then plunged by 51 bps to 24.65% in 2025, then fell by 1 bps to 24.31% in 2026.
- Business Quant data shows FLNG's Net Margin at 24.31% in Q1 2026, 24.65% in Q4 2025, and 19.67% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 7.47% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 20.73% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 10.39% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 4.30% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 11.71% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 30.35% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 8.07% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 5.08% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 10.61% |
| 10 | Flex LNG | - | - | 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 | 59.31% |
| Mar 31, 2023 | 17.95% |
| Dec 31, 2022 | 42.40% |
| Sep 30, 2022 | 51.11% |
| Jun 30, 2022 | 94.43% |
| Mar 31, 2022 | 74.82% |
| Dec 31, 2021 | 60.71% |
| Sep 30, 2021 | 37.64% |
| Jun 30, 2021 | 19.44% |