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
DateValue
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%