Flex LNG (FLNG) Net Margin (2018 - 2026)

Flex LNG (FLNG) posted Net Margin of 21.07% for Q1 2026, down 20.9% sequentially from 26.63% in Q4 2025, and down 1218.0% YoY from 1.88% in Q1 2025.

Flex LNG (FLNG) Net Margin (2018 - 2026) Analysis & Trends

Flex LNG has reported Net Margin for 9 years, with the latest figure at 21.07% in Q1 2026.

Quarterly Net Margin fell 1218.0% year-over-year to 21.07% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 26.09% (down 754.0% YoY) and the FY2025 annual result came in at 29.08%, down 676.0% from the prior year.
Net Margin declined to 21.07% in Q1 2026 per FLNG's latest filing, from 26.63% in the prior quarter.
Over five years, Net Margin peaked at 55.69% in Q4 2022 and troughed at 21.07% in Q1 2026.
A 5-year average of 35.35% and a median of 33.82% in 2024 frame the typical range for Net Margin.
The sharpest annual moves came in 2022 and 2023: Net Margin jumped 1486 bps in 2022, then plunged 1680 bps in 2023.
Over 5 years, Net Margin stood at 55.69% in 2022, then slumped by 30 bps to 38.88% in 2023, then retreated by 13 bps to 33.82% in 2024, then fell by 21 bps to 26.63% in 2025, then declined by 21 bps to 21.07% in 2026.
According to Business Quant data, Net Margin over the past three periods registered 21.07%, 26.63%, and 27.45% for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Net Margin (Qtr)
1	Kinder Morgan	112.69 Bn	112.57 Bn	3.07 Bn	19.97%
2	Enbridge	110.69 Bn	109.19 Bn	5.23 Bn	4.76%
3	Enterprise Products Partners	83.45 Bn	82.54 Bn	-	10.16%
4	Energy Transfer	72.64 Bn	71.61 Bn	7.40 Bn	5.90%
5	Tc Energy	65.84 Bn	58.29 Bn	1.24 Bn	55.36%
6	Mplx	60.05 Bn	59.02 Bn	2.73 Bn	32.82%
7	Oneok	59.98 Bn	59.82 Bn	2.81 Bn	8.03%
8	Targa Resources	59.50 Bn	59.37 Bn	2.14 Bn	17.22%
9	Cheniere Energy	55.93 Bn	54.68 Bn	5.29 Bn	63.54%
10	Flex LNG	1.67 Bn	1.28 Bn	61.79 Mn	21.07%

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