YOLFTbeta
FLEX LNG Ltd

FLEX LNG Ltd

FLNG · NYSE · Energy / Oil & Gas Midstream

25.48USD-0.35 (-1.36%)

Price History

Full chart

Market Stats

Previous Close25.83
Open25.90
Day Range25.48 – 26.06
52-Week Range21.60 – 32.98
Volume522.32K
Market Cap1.68B
P/E (TTM)16.35
Forward P/E12.38
EPS1.90
Dividend Yield9.69%
Beta0.16
50-Day Avg31.21
200-Day Avg29.45

About

FLEX LNG Ltd., together with its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. As of December 31, 2025, its fleet consists of 13 LNG carriers in operation. The company was incorporated in 2006 and is based in Hamilton, Bermuda.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Midstream
  • CEOMr. Knut Traaholt
  • Employees9
  • HeadquartersPar-La-Ville Place, Hamilton, Bermuda, HM08, USA
  • Websitehttps://www.flexlng.com

Leadership

  • Mr. Knut TraaholtPrincipal Financial Officer · b. 1979
  • Mr. Oystein M. KalleklevAdvisor · b. 1980
  • Mr. Halfdan Marius FossPrincipal Executive Officer · b. 1969
  • Mr. Lars PedersenChief Technical Officer of Frontline Management & MD of Flex Fleet Management
  • Ms. Jannicke EilertsenHead of Compliance of Flex LNG Management AS
  • Mr. Naren SenaratneChief Accounting Officer of Flex LNG Management Ltd
  • Mr. James AyersCompany Secretary · b. 1982

Financials

Income Statement

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue---------027.33M77.21M119.97M164.46M343.45M347.92M371.02M356.35M347.64M
Growth (%)-----------+182.52%+55.38%+37.09%+108.83%+1.30%+6.64%-3.95%-2.44%
Cost of Revenue------2.26M1.16M870.00K3.00K2.00K36.53M43.57M57.45M82.54M134.40M138.16M143.40M148.77M163.87M
Gross Profit-----2.26M-1.16M-870.00K-815.00K-743.00K-10.24M33.64M62.51M81.92M209.04M209.76M227.62M207.58M183.77M
Gross Margin-----------37.49%43.56%52.11%49.81%60.87%60.29%61.35%58.25%52.86%
Operating Expense------791.00K-206.63M1.72M1.42M742.00K2.37M4.64M7.51M6.30M7.89M9.15M10.47M9.79M7.97M
Operating Income-819.00K-14.77M-10.66M-108.90M-125.72M3.05M205.47M-2.59M-2.23M-1.49M-12.61M29.00M55.01M75.62M201.16M200.62M217.16M197.79M175.80M
Operating Margin-----------46.16%37.56%45.85%45.98%58.57%57.66%58.53%55.51%50.57%
EBITDA-2.11M-14.77M-10.02M-108.47M-135.72M-298.63M-4.55M-2.59M-2.21M-1.47M-10.15M46.41M79.77M91.84M288.36M336.96M302.20M298.89M244.14M
EBITDA Margin-----------37.16%60.11%66.49%55.84%83.96%96.85%81.45%83.87%70.23%
Net Income-2.11M-11.98M-10.16M-108.66M-135.96M-298.80M205.46M-2.63M-2.48M-1.79M-10.41M11.78M16.97M8.11M162.21M188.04M120.04M117.68M74.81M
Net Income Margin-----------38.08%15.26%14.14%4.93%47.23%54.05%32.35%33.02%21.52%
Interest Expense-2.79M393.00K222.00K10.15M422.00K3.00K35.00K267.00K314.00K234.00K17.78M33.88M41.80M56.22M76.60M108.72M105.59M92.63M
Interest Expense % of Total Revenue----------0.86%23.03%28.24%25.42%16.37%22.02%29.30%29.63%26.64%

Balance Sheet

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-544.80M579.63M444.63M358.39M6.81M212.20M217.86M215.25M214.13M684.51M1.29B1.64B2.30B2.57B2.68B2.71B2.67B2.62B
Total Liabilities-8.51M9.84M14.14M41.99M1.12M417.00K7.84M7.61M8.19M164.41M467.06M802.02M1.47B1.68B1.77B1.86B1.86B1.90B
Total Equity-536.29M536.64M430.50M316.41M5.68M211.78M210.02M207.63M205.94M520.10M827.32M839.26M835.17M889.39M907.09M847.65M806.63M719.26M
Cash-49.50M25.68M9.89M14.75M6.25M1.52M6.73M3.72M1.44M9.96M54.93M129.00M128.88M200.65M332.33M410.43M437.15M447.70M
Total Debt-------7.00M7.00M7.00M160.00M454.97M781.22M1.42B1.64B1.71B1.81B1.81B1.85B
Net Debt--49.50M-25.68M-9.89M-14.75M-6.25M-1.52M269.00K3.28M5.56M150.04M400.04M652.22M1.30B1.44B1.38B1.40B1.37B1.40B

Cash Flow

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-496.00K-14.82M-7.56M531.00K-8.53M-4.15M-1.26M-2.81M-1.08M-17.72M35.71M51.53M89.30M214.84M219.88M175.03M182.80M134.85M
Investing Cash Flow-300.65M-23.91M-12.71M-23.53M-23.00K-518.00K-543.00K-208.00K-1.20M-77.71M-584.43M-291.54M-691.39M-265.93M-5.00K-2.00K-4.00K-
Financing Cash Flow336.30M15.20M4.49M27.88M--7.00M8.00K0103.96M593.86M314.00M603.32M123.10M-88.76M-96.54M-155.61M-124.96M
Capital Expenditure300.65M23.48M12.69M23.53M23.00K525.00K543.00K209.00K1.20M77.71M584.43M291.54M691.39M265.93M5.00K2.00K4.00K0
Free Cash Flow-301.14M-38.30M-20.25M-23.00M-8.55M-4.68M-1.80M-3.02M-2.28M-95.44M-548.72M-240.02M-602.09M-51.09M219.88M175.03M182.79M134.85M
Dividends Paid--------5.41M5.41M5.41M5.41M10.82M98.93M186.09M181.22M161.67M162.27M
FCF to OCF60714.11%258.45%267.95%-4330.89%100.27%112.64%143.03%107.44%211.58%538.49%-1536.43%-465.82%-674.20%-23.78%100.00%100.00%100.00%100.00%
Dividend Paid to FCF---------237.01%-5.67%-0.99%-2.25%-1.80%-193.64%84.64%103.54%88.45%120.33%

Earnings

Report DateDec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Aug 29, 2014Nov 28, 2014Feb 27, 2015May 28, 2015Aug 27, 2015Nov 26, 2015Feb 25, 2016May 26, 2016Aug 25, 2016Nov 24, 2016Feb 28, 2017May 26, 2017Aug 25, 2017Nov 20, 2017Feb 26, 2018May 28, 2018Aug 27, 2018Nov 26, 2018Feb 27, 2019May 30, 2019Aug 19, 2019Nov 19, 2019Feb 25, 2020May 27, 2020Aug 18, 2020Nov 16, 2020Feb 16, 2021May 20, 2021Aug 16, 2021Nov 15, 2021Feb 15, 2022May 10, 2022Aug 24, 2022Nov 15, 2022Feb 13, 2023May 16, 2023Aug 16, 2023Nov 8, 2023Feb 6, 2024May 23, 2024Aug 14, 2024Nov 12, 2024Feb 3, 2025May 20, 2025Aug 20, 2025Nov 12, 2025Feb 11, 2026May 13, 2026Aug 19, 2026Nov 11, 2026
EPS Estimate0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00--0.01-0.01--0.01-0.01-0.01--0.01---0.07-0.05-0.010.12-0.020.020.360.15-0.010.130.570.26-0.02-0.040.490.620.290.571.130.590.700.750.640.740.640.580.670.620.530.540.510.500.460.460.540.360.61-
EPS Actual-8.88-0.33-1.01-0.30-9.72-0.13-0.20-0.20-23.36-0.12-0.0916.60-0.06-0.05-0.05-0.04-0.07-0.01-0.06-0.01-0.06-0.01-0.05-0.01-0.01-0.03-0.06-0.30-0.10-0.05-0.08-0.100.370.30-0.06-0.070.070.410.17-0.010.020.450.630.290.601.180.450.610.791.020.660.530.670.700.620.560.530.570.540.460.430.430.310.79-
Surprise-----------------0.00%-488.00%--489.00%0.00%-422.00%--27.00%---328.57%-100.00%-400.00%-166.67%-400.00%1764.50%-16.67%-140.00%-600.00%-46.15%-28.07%-34.62%50.00%150.00%-8.16%1.61%0.00%5.26%4.42%-23.73%-12.86%5.33%59.38%-10.81%-17.19%15.52%4.48%-1.43%5.66%-1.85%11.76%8.00%0.00%-6.52%-20.37%-13.89%29.51%-
Timing---------------Pre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours--Pre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hours-Pre-marketPre-marketPre-marketPre-market-

Key Statistics & Ratios

Market Cap1.68B
Enterprise Value3.07B
Trailing P/E16.35
Forward P/E12.38
Price / Sales4.66
Price / Book2.38
EPS1.90
Book Value12.99
Revenue (TTM)360.47M
Gross Profit (TTM)264.39M
EBITDA239.06M
Profit Margin28.50%
Operating Margin55.68%
Return on Equity14.03%
Return on Assets4.29%
Shares Outstanding54.09M
Shares Float30.89M
Beta0.16
Dividend Yield9.69%
Dividend Rate3.00
Payout Ratio1.53%

Analyst Ratings

Hold
Based on 2 analystsTarget 26.13
  • Hold
    2

Ownership Breakdown

Institutions
29.05%
Insiders
42.88%
Retail / Other
28.07%

Top Institutional Holders

  • BlackRock Inc
    1.89M3.50%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    1.34M2.48%
  • Renaissance Technologies Corp
    1.17M2.16%
  • Morgan Stanley - Brokerage Accounts
    778.82K1.44%
  • Two Sigma Investments LLC
    631.55K1.17%
  • UBS Group AG
    565.38K1.05%
  • State Street Corp
    535.88K0.99%
  • Geode Capital Management, LLC
    384.88K0.71%
  • Gilman Hill Asset Management, LLC
    375.99K0.70%
  • Vinva Investment Management Ltd
    337.98K0.62%
  • Citadel Advisors Llc
    320.89K0.59%
  • Dimensional Fund Advisors, Inc.
    313.93K0.58%
  • Vanguard Portfolio Management, LLC
    302.37K0.56%
  • BCJ Capital Management, LLC
    291.62K0.54%

Top Fund Holders

  • iShares Russell 2000 ETF
    803.30K1.49%
  • Global X SuperDividend™ US ETF
    579.44K1.07%
  • Global X SuperDividend™ ETF
    473.97K0.88%
  • Global X SuperDividend ETF USD Cap
    379.54K0.70%
  • Fidelity Small Cap Index
    344.02K0.64%
  • BlackRock Global Equity Mkt Netrl Instl
    258.88K0.48%

Dividends

20263×
0.75Sep 3, 20260.75May 29, 20260.75Feb 27, 2026
20254×
0.75Nov 28, 20250.75Sep 5, 20250.75Jun 6, 20250.75Feb 20, 2025
20244×
0.75Nov 27, 20240.75Aug 29, 20240.75Jun 10, 20240.75Feb 22, 2024
20234×
0.88Nov 27, 20230.75Aug 30, 20230.75May 31, 20231.00Feb 22, 2023
20224×
0.75Nov 30, 20221.25Sep 7, 20220.75May 24, 20220.75Mar 1, 2022
20214×
0.75Dec 1, 20210.40Sep 1, 20210.40Jun 1, 20210.30Mar 2, 2021
20201×
0.10Dec 2, 2020

Stock Splits

  • Mar 11, 20191:10
  • Mar 20, 20171101:1000