FLNG
FLEX LNG Ltd
NYSE: FLNG · ENERGY · OIL & GAS MIDSTREAM
$31.92
+0.79% today
Updated 2026-04-29
Market cap
$1.73B
P/E ratio
23.13
P/S ratio
4.97x
EPS (TTM)
$1.38
Dividend yield
9.40%
52W range
$20 – $33
Volume
0.7M
FLEX LNG Ltd (FLNG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — | — | $0.00 | $27.33M | $77.21M | $119.97M | $164.46M | $343.45M | $347.92M | $371.02M | $356.35M | $347.64M |
| Revenue growth (YoY) | — | — | — | — | — | — | — | — | — | — | — | +182.5% | +55.4% | +37.1% | +108.8% | +1.3% | +6.6% | -4.0% | -2.4% |
| Cost of revenue | — | — | — | — | — | $-2.26M | $1.16M | $870000.00 | $3000.00 | $2000.00 | $36.53M | $43.57M | $57.45M | $82.54M | $134.40M | $138.16M | $143.40M | $148.77M | $163.87M |
| Gross profit | — | — | — | — | — | $2.26M | $-1.16M | $-870000.00 | $-815000.00 | $-743000.00 | $-10.24M | $33.64M | $62.51M | $81.92M | $209.04M | $209.76M | $227.62M | $207.58M | $183.77M |
| Gross margin | — | — | — | — | — | — | — | — | — | — | -37.5% | 43.6% | 52.1% | 49.8% | 60.9% | 60.3% | 61.4% | 58.3% | 52.9% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | — | — | — | $10.21M | $13.43M | $12.54M | $3.05M | $1.51M | $1.41M | $725000.00 | $3.41M | $4.64M | $7.51M | $6.30M | $7.89M | $9.15M | $10.47M | $9.79M | $7.97M |
| Operating income | $-819000.00 | $-14.77M | $-10.66M | $-108.90M | $-125.72M | $3.05M | $205.47M | $-2.59M | $-2.23M | $-1.49M | $-12.61M | $29.00M | $55.01M | $75.62M | $201.16M | $200.62M | $217.16M | $197.79M | $175.80M |
| Operating margin | — | — | — | — | — | — | — | — | — | — | -46.2% | 37.6% | 45.9% | 46.0% | 58.6% | 57.7% | 58.5% | 55.5% | 50.6% |
| EBITDA | $-2.11M | $-14.77M | $-10.02M | $-108.47M | $-135.72M | $-298.63M | $-4.55M | $-2.59M | $-2.21M | $-1.47M | $-10.15M | $46.41M | $79.77M | $91.84M | $288.36M | $336.96M | $302.20M | $298.89M | $244.14M |
| EBITDA margin | — | — | — | — | — | — | — | — | — | — | -37.2% | 60.1% | 66.5% | 55.8% | 84.0% | 96.9% | 81.5% | 83.9% | 70.2% |
| EBIT | — | $-14.77M | $-10.27M | $-108.68M | $-135.87M | $-298.74M | $-4.59M | $-2.59M | $-2.21M | $-1.48M | $-10.16M | $29.00M | $51.02M | $49.99M | $218.53M | $264.74M | $228.84M | $223.40M | $167.52M |
| Interest expense | — | $2.79M | $393000.00 | $222000.00 | $10.15M | $422000.00 | $3000.00 | $35000.00 | $267000.00 | $314000.00 | $234000.00 | $17.78M | $33.88M | $41.80M | $56.22M | $76.60M | $108.72M | $105.59M | $92.63M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-2.11M | $-11.98M | $-10.16M | $-108.66M | $-135.96M | $-298.80M | $205.46M | $-2.63M | $-2.48M | $-1.79M | $-10.41M | $11.78M | $16.97M | $8.11M | $162.21M | $188.04M | $120.04M | $117.68M | $74.81M |
| Net income growth (YoY) | — | -467.6% | +15.2% | -969.0% | -25.1% | -119.8% | +168.8% | -101.3% | +5.7% | +28.0% | -481.8% | +213.2% | +44.0% | -52.2% | +1901.3% | +15.9% | -36.2% | -2.0% | -36.4% |
| Profit margin | — | — | — | — | — | — | — | — | — | — | -38.1% | 15.3% | 14.1% | 4.9% | 47.2% | 54.0% | 32.4% | 33.0% | 21.5% |