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
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 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%