Flex LNG (FLNG) Net Margin (2018 - 2026)
Flex LNG (FLNG) reported Net Margin of 21.07% for Q1 2026, down 1218.0% on a YoY basis from 1.88% in Q1 2025, and down 20.9% sequentially from 26.63% in Q4 2025.
Flex LNG (FLNG) Net Margin (2018 - 2026) Analysis & Trends
Flex LNG (FLNG) has 9 years of Net Margin data on file, last reported at 21.07% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 1218.0% year-over-year to 21.07%; the trailing twelve-month figure through Mar 2026 stood at 26.09% (down 754.0% YoY), and the FY2025 full-year result was 29.08%, down 676.0% from the prior year.
- Net Margin declined to 21.07% in Q1 2026, from 26.63% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 55.69% in Q4 2022 to a low of 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.
- Across the five-year window, Net Margin surged 1486 bps in 2022 and slumped 1680 bps in 2023, its largest moves.
- Tracing FLNG's Net Margin over 5 years: stood at 55.69% in 2022, then tumbled by 30 bps to 38.88% in 2023, then dropped by 13 bps to 33.82% in 2024, then slipped by 21 bps to 26.63% in 2025, then decreased by 21 bps to 21.07% in 2026.
- Business Quant data shows FLNG's Net Margin at 21.07% in Q1 2026, 26.63% in Q4 2025, and 27.45% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 88.32% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 21.07% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 19.97% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 7.47% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 10.40% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.05% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 4.30% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 11.71% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 8.07% |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 39.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.07% |
| Dec 31, 2025 | 26.63% |
| Sep 30, 2025 | 27.45% |
| Jun 30, 2025 | 28.89% |
| Mar 31, 2025 | 33.25% |
| Dec 31, 2024 | 33.82% |
| Sep 30, 2024 | 31.70% |
| Jun 30, 2024 | 35.92% |
| 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 | 38.66% |
| Mar 31, 2022 | 31.95% |
| Dec 31, 2021 | 54.07% |
| Sep 30, 2021 | 39.16% |
| Jun 30, 2021 | 23.80% |