Flex LNG Ltd.
FLNG NYSE· Water Transportation
Last close · Oct 26, 2026
$28.46
KIRA · Stoqly’s AI analyst, in plain words
- Flex LNG Ltd. had $348M of revenue in fiscal 2025, down 2.4% on the year before. Over five years, revenue changed +16.1% a year on average.
- Its operating margin was 50.6%, down 4.9 pts: of every 100 in sales, about 51 is left after running the business.
- Flex LNG Ltd. made $74.8M of net profit in fiscal 2025.
- Flex LNG Ltd. returned $162M to shareholders in fiscal 2025. The diluted share count rose 0.1%.
- Flex LNG Ltd. owes $1.5B more than it holds in cash, about 6.0 years of operating profit.
Market cap
$1.5B
P/E
20.6x
Revenue
$348M
Net income
$74.8M
Free cash flow
—
Operating margin
50.6%
Flex LNG Ltd. in 30 seconds · fiscal 2025
Are sales growing?
−2.4%
No. Sales fell 2.4% last year.
Does it make a profit?
21.5%
Yes. It keeps 21.5% of every sale as profit.
Is debt under control?
6.0x
Heavy. Repaying its debt would take 6.0 years of operating profit.
How healthy are the accounts?
4 / 8
Mixed. It passes 4 of 8 health tests.
How is the share priced?
20.6x
One share costs 20.6 times its yearly profit per share.
What Flex LNG Ltd. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Feb 27, 2026
- Legal name
- Flex LNG Ltd.
- CIK
- 0001772253
Flex LNG Ltd. · FLNG
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $343M | $348M | $371M | $356M | $348M |
| Revenue growth | 108.8% | 1.3% | 6.6% | −4.0% | −2.4% |
| Operating margin | 58.6% | 57.7% | 58.5% | 55.5% | 50.6% |
| Net income | $162M | $188M | $120M | $118M | $74.8M |
| Net margin | 47.2% | 54.0% | 32.4% | 33.0% | 21.5% |
| Diluted EPS | $3.04 | $3.51 | $2.22 | $2.18 | $1.38 |
| Cash | |||||
| Cash from operations | $215M | $220M | $175M | $183M | $141M |
| Dividends paid | $98.9M | $186M | $181M | $162M | $162M |
| Share buybacks | $7.8M | $0.0M | $0.0M | — | — |
| Share count change | −1.7% | 0.3% | 0.9% | 0.1% | 0.1% |
| Debt and strength | |||||
| Cash and short-term investments | $201M | $332M | $410M | $437M | $448M |
| Debt incl. finance leases | $1.7B | $1.8B | $1.9B | $1.9B | $2.0B |
| Shareholders' equity | $889M | $907M | $848M | $807M | $719M |
| Net debt / EBITDA | 5.7x | 5.5x | 5.2x | 5.5x | 6.0x |
| Current ratio | 1.7x | 2.3x | 2.9x | 3.0x | 3.0x |
| Interest coverage | 3.6x | 2.6x | 2.0x | 1.9x | 1.9x |
| Returns and quality | |||||
| Return on capital | 8.3% | 8.3% | 9.2% | 8.6% | 7.8% |
| Return on equity | 18.8% | 20.9% | 13.7% | 14.2% | 9.8% |
| Return on tangible equity | 18.2% | 20.7% | 14.2% | 14.6% | 10.4% |
| Piotroski F-score | 7 | 5 | 5 | 4 | 4 |
| Altman Z'' | 0.9 | 1.2 | 1.3 | 1.4 | 1.4 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Flex LNG Ltd. · FLNG
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $28.46 a share, the company is worth $1.5B: 20.6 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001772253). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.