Flex LNG (FLNG) Tax Rate (2018 - 2026)
Flex LNG's (FLNG) quarterly Tax Rate came in at 0.12% in Q1 2026, up 6.0% year-over-year from 0.11% in Q1 2025, and down 58.7% quarter-over-quarter from 0.07% in Q4 2025.
Analysis
Flex LNG (FLNG) Tax Rate (2018 - 2026) Analysis & Trends
Flex LNG has disclosed Tax Rate across 8 years of filings, most recently posting 0.12% for Q1 2026.
- In Q1 2026, Tax Rate rose 6.0% year-over-year to 0.12%; the TTM figure through Mar 2026 stood at 0.12% (down 3.0% YoY), while the FY2025 annual figure was 0.11%, changed 0.0% from the prior year.
- Tax Rate came in at 0.12% for Q1 2026 at Flex LNG, down from 0.07% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 0.06% in Q1 2024 to a low of 0.22% in Q1 2023.
- Average Tax Rate over 5 years is 0.08%, with a median of 0.07% recorded in 2025.
- Year-over-year, Tax Rate increased 28 bps in 2024 and declined 24 bps in 2025.
- Over 5 years, Tax Rate stood at 0.11% in 2022, then surged by 81 bps to 0.02% in 2023, then tumbled by 671 bps to 0.16% in 2024, then surged by 53 bps to 0.07% in 2025, then tumbled by 59 bps to 0.12% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 0.12% in Q1 2026, 0.07% in Q4 2025, and 0.11% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | -0.08% |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 24.16% |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 21.05% |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 0.00% |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -0.51% |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | -0.27% |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | - |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | - |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -0.24% |
| 10 | Flex LNG | 1.70 Bn | 1.31 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -0.12% |
| Dec 31, 2025 | -0.07% |
| Sep 30, 2025 | -0.11% |
| Mar 31, 2025 | -0.18% |
| Dec 31, 2024 | -0.16% |
| Sep 30, 2024 | -0.10% |
| Mar 31, 2024 | 0.06% |
| Dec 31, 2023 | -0.02% |
| Sep 30, 2023 | -0.07% |
| Jun 30, 2023 | -0.01% |
| Mar 31, 2023 | -0.22% |
| Dec 31, 2022 | -0.11% |
| Sep 30, 2022 | -0.06% |
| Jun 30, 2022 | -0.02% |
| Mar 31, 2022 | -0.03% |
| Dec 31, 2021 | -0.10% |
| Sep 30, 2021 | 0.02% |
| Jun 30, 2021 | -0.22% |
| Dec 31, 2020 | -0.09% |
| Sep 30, 2020 | -1.14% |