Flex LNG (FLNG) Net Margin (2018 - 2026)
Flex LNG's (FLNG) quarterly Net Margin came in at 21.07% in Q1 2026, down 1218.0% year-over-year from 1.88% in Q1 2025, and down 25.77% quarter-over-quarter from 28.38% in Q4 2025.
Analysis
Flex LNG (FLNG) Net Margin (2018 - 2026) Analysis & Trends
Flex LNG has disclosed Net Margin across 9 years of filings, most recently posting 21.07% for Q1 2026.
- In Q1 2026, Net Margin fell 1218.0% year-over-year to 21.07%; the TTM figure through Mar 2026 stood at 27.62% (down 762.0% YoY), while the FY2025 annual figure was 29.08%, down 676.0% from the prior year.
- Net Margin came in at 21.07% for Q1 2026 at Flex LNG, down from 28.38% 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 21.07% in Q1 2026.
- Average Net Margin over 5 years is 39.42%, with a median of 38.1% recorded in 2023.
- Year-over-year, Net Margin soared 2549 bps in 2022 and sank 3672 bps in 2023.
- Over 5 years, Net Margin stood at 55.69% in 2022, then plunged by 30 bps to 38.88% in 2023, then fell by 13 bps to 33.82% in 2024, then fell by 16 bps to 28.38% in 2025, then fell by 26 bps to 21.07% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 21.07% in Q1 2026, 28.38% in Q4 2025, and 27.45% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 70.00% |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 9.74% |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 13.35% |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 63.09% |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 34.40% |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 59.92% |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 109.93% |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 37.70% |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 51.04% |
| 10 | Flex LNG | 1.70 Bn | 1.31 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 21.07% |
| Dec 31, 2025 | 28.38% |
| Sep 30, 2025 | 27.45% |
| Mar 31, 2025 | 33.25% |
| Dec 31, 2024 | 33.82% |
| Sep 30, 2024 | 31.70% |
| Mar 31, 2024 | 41.97% |
| Dec 31, 2023 | 38.88% |
| Sep 30, 2023 | 38.12% |
| Jun 30, 2023 | 32.54% |
| Mar 31, 2023 | 38.10% |
| Dec 31, 2022 | 55.69% |
| Sep 30, 2022 | 46.25% |
| Jun 30, 2022 | 49.30% |
| Mar 31, 2022 | 74.82% |
| Dec 31, 2021 | 54.07% |
| Sep 30, 2021 | 39.16% |
| Jun 30, 2021 | 23.80% |
| Dec 31, 2020 | 35.88% |
| Sep 30, 2020 | 11.80% |