Flex LNG (FLNG) Net Margin (2018 - 2026)
Flex LNG (FLNG) recorded Net Margin of 42.00% in the quarter ended Jun 30, 2026, up 21.39 percentage points from 20.61% a year earlier and up 20.93 percentage points from the prior quarter.
Flex LNG (FLNG) Net Margin (2018 - 2026) Analysis & Trends
On a TTM basis, Flex LNG's Net Margin came in at 27.77% as of Jun 30, 2026, up 4.01 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 21.52%, down 11.50 percentage points from the prior year.
- Annual Net Margin has a five-year change of +16.59 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, Net Margin came in at 33.02% in the year ended Dec 31, 2024 (+0.67 pp), 32.35% in the year ended Dec 31, 2023 (-10.96 pp), 43.31% in the year ended Dec 31, 2022 (+2.93 pp) and 40.38% in the year ended Dec 31, 2021 (+35.45 pp).
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Net Margin since the quarter ended Dec 31, 2022.
- On a year-over-year basis, Net Margin rose in three of the last seven quarters, with an average year-over-year change of -1.17 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 29.94 percentage points in the quarter ended Jun 30, 2022, against a drop of 56.90 percentage points in the quarter ended Mar 31, 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 21.07% (quarter ended Mar 31, 2026), 24.62% (quarter ended Dec 31, 2025) and 19.63% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 28.85% |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 5.09% |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 26.19% |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 21.74% |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 6.39% |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 21.53% |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 3.75% |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 5.76% |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 21.61% |
| 10 | Flex LNG | 1.41 Bn | -303.53 Mn | 87.56 Mn | 42.00% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.00% |
| Mar 31, 2026 | 21.07% |
| Dec 31, 2025 | 24.62% |
| Sep 30, 2025 | 19.63% |
| Jun 30, 2025 | 20.61% |
| Mar 31, 2025 | 21.18% |
| Dec 31, 2024 | 33.82% |
| Sep 30, 2024 | 19.24% |
| Jun 30, 2024 | 25.78% |
| Mar 31, 2024 | 36.82% |
| Dec 31, 2023 | 19.94% |
| Sep 30, 2023 | 38.12% |
| Jun 30, 2023 | 32.54% |
| Mar 31, 2023 | 17.88% |
| Dec 31, 2022 | 42.31% |
| 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% |
Flex LNG Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=FLNG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "FLNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=FLNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();