Flex LNG (FLNG) Times Interest Earned (2018 - 2026)
Flex LNG's (FLNG) quarterly Times Interest Earned came in at 1.7 in Q1 2026, up 20.37% year-over-year from 1.41 in Q1 2025, and up 5.92% quarter-over-quarter from 1.81 in Q4 2025.
Analysis
Flex LNG (FLNG) Times Interest Earned (2018 - 2026) Analysis & Trends
Flex LNG has disclosed Times Interest Earned across 9 years of filings, most recently posting 1.7 for Q1 2026.
- In Q1 2026, Times Interest Earned rose 20.37% year-over-year to 1.7; the TTM figure through Mar 2026 stood at 1.86 (up 5.07% YoY), while the FY2025 annual figure was 1.9, down 1.32% from the prior year.
- Times Interest Earned came in at 1.7 for Q1 2026 at Flex LNG, up from 1.81 in the prior quarter.
- In the past five years, Times Interest Earned ranged from a high of 1.7 in Q1 2026 to a low of 3.06 in Q2 2022.
- Average Times Interest Earned over 5 years is 2.12, with a median of 2.04 recorded in 2023.
- The largest YoY upside for Times Interest Earned was 53.79% in 2022 against a maximum downside of 43.9% in 2022.
- Over 5 years, Times Interest Earned stood at 2.49 in 2022, then gained by 16.05% to 2.09 in 2023, then increased by 11.88% to 1.84 in 2024, then gained by 1.74% to 1.81 in 2025, then advanced by 5.92% to 1.7 in 2026.
- Per Business Quant data, the three most recent Times Interest Earned figures were 1.7 in Q1 2026, 1.81 in Q4 2025, and 1.8 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | -19.06 |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 11.15 |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 99.31 |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 28.53 |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -27.49 |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | -5.52 |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | -11.03 |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 12.46 |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -6.40 |
| 10 | Flex LNG | 1.70 Bn | 1.31 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -1.70 |
| Dec 31, 2025 | -1.81 |
| Sep 30, 2025 | -1.80 |
| Mar 31, 2025 | -2.14 |
| Dec 31, 2024 | -1.84 |
| Sep 30, 2024 | -1.96 |
| Mar 31, 2024 | -1.95 |
| Dec 31, 2023 | -2.09 |
| Sep 30, 2023 | -2.04 |
| Jun 30, 2023 | -1.77 |
| Mar 31, 2023 | -2.09 |
| Dec 31, 2022 | -2.49 |
| Sep 30, 2022 | -2.45 |
| Jun 30, 2022 | -3.06 |
| Mar 31, 2022 | -2.62 |
| Dec 31, 2021 | -5.38 |
| Sep 30, 2021 | -3.24 |
| Jun 30, 2021 | -2.12 |
| Dec 31, 2020 | -2.96 |
| Sep 30, 2020 | -1.13 |