Flex LNG (FLNG) Operating Margin (2018 - 2026)

Flex LNG (FLNG) reported Operating Margin of 42.51% for Q1 2026, down 1092.0% year-over-year from 4.28% in Q1 2025, and down 12.69% sequentially from 48.68% in Q4 2025.

Flex LNG (FLNG) Operating Margin (2018 - 2026) Analysis & Trends

Flex LNG's Operating Margin history runs 9 years deep, the most recent figure standing at 42.51% for Q1 2026.

  • Quarterly Operating Margin fell 1092.0% year-over-year to 42.51% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 47.92% (down 655.0% YoY) and the FY2025 annual result came in at 50.57%, down 493.0% from the prior year.
  • Operating Margin was 42.51% for Q1 2026 at Flex LNG, down from 48.68% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 62.3% in Q4 2022 to a low of 42.51% in Q1 2026.
  • Median Operating Margin over the past 5 years was 55.6% (2023), compared with a mean of 54.68%.
  • Across the five-year window, Operating Margin soared 1239 bps in 2022 and plunged 1092 bps in 2026, its largest moves.
  • Over 5 years, Operating Margin stood at 62.3% in 2022, then decreased by 5 bps to 59.37% in 2023, then retreated by 8 bps to 54.85% in 2024, then slipped by 11 bps to 48.68% in 2025, then retreated by 13 bps to 42.51% in 2026.
  • Business Quant data shows FLNG's Operating Margin at 42.51% in Q1 2026, 48.68% in Q4 2025, and 49.03% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 14.43%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 29.91%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 13.17%
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 10.74%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 20.68%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 39.96%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 14.85%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 10.03%
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 25.03%
10 Flex LNG - - 61.79 Mn 103.91%

Historic Data

Download Data
DateValue
Mar 31, 2026 103.91%
Dec 31, 2025 101.71%
Sep 30, 2025 102.93%
Jun 30, 2025 103.18%
Mar 31, 2025 103.36%
Dec 31, 2024 104.47%
Sep 30, 2024 103.37%
Jun 30, 2024 104.53%
Mar 31, 2024 104.87%
Dec 31, 2023 102.52%
Sep 30, 2023 104.32%
Jun 30, 2023 103.64%
Mar 31, 2023 106.25%
Dec 31, 2022 104.39%
Sep 30, 2022 103.34%
Jun 30, 2022 105.30%
Mar 31, 2022 108.25%
Dec 31, 2021 103.69%
Sep 30, 2021 105.33%
Jun 30, 2021 106.36%