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FLNG · NYSE

FLEX LNG Ltd.

Oil & Gas Midstream · Bermuda

USD 30.94-1.5% daily changeQuote 2026-10-06 · USD
Market cap (USD)
US$1.67B
Trailing P/E
16.20x
Forward P/E
14.32x
Quarterly revenue growth
24.2%
Trailing net margin
28.5%
Indicated dividend yield
9.7%

Snapshot 2026-10-06 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Company background

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 website

Q2 2026

Go beyond the headline.

FLNG Stock Q2 2026: Best Quarter Since 2021 - And Cash Still Fell $50 Million

Published 2026-08-19

Comparable businesses

FLNG peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricFLNGFLEX LNG Ltd.Snapshot 2026-10-06Financial period: 2026-06-30NGLNGL Energy Partners LPSnapshot 2026-10-06Financial period: 2026-06-30TRMDTORM plcSnapshot 2026-10-06Financial period: 2026-06-30Peer medianSimilar-size peers only
Market capMarket value, converted to USDUS$1.67BUS$1.99BUS$3.98BUS$2.99Bn=2
Forward P/EProvider forward earnings estimate14.32x—8.98x—
EV / EBITDAEnterprise value / trailing EBITDA12.95x8.94x5.37x7.15xn=2
Revenue growthLatest quarter vs prior-year quarter24.2%59.1%110.3%84.7%n=2
Operating marginLatest reported quarter55.7%14.9%53.6%34.2%n=2
Free cash flow yieldTrailing cash flow / market cap8.6%4.0%0.4%2.2%n=2
Net debt / EBITDANet debt / trailing EBITDA5.84x5.09x0.76x2.93xn=2
Debt / equityTotal debt / positive book equity2.55x—0.42x—
Trailing P/ETrailing twelve-month earnings16.20x—6.39x—
Price / bookPrice / positive book equity per share2.38x—1.56x—
EV / salesEnterprise value / trailing revenue8.59x1.69x2.79x2.24xn=2
Earnings growthLatest quarter vs prior-year quarter159.1%1,128.6%460.3%794.4%n=2
Gross marginTrailing twelve months73.3%29.5%58.4%43.9%n=2
Net marginTrailing twelve months28.5%-3.8%35.5%15.9%n=2
Return on equityProvider trailing return; positive equity only14.0%—26.8%—
Free cash flow marginTrailing free cash flow / revenue39.7%2.3%0.9%1.6%n=2
Dividend yieldIndicated annual dividend / price9.7%—11.4%—
Earnings payoutProvider trailing dividend payout157.9%300.0%39.9%169.9%n=2
Current ratioCurrent assets / current liabilities2.69x1.14x2.27x1.71xn=2
BetaProvider historical market sensitivity0.240.84-0.020.41n=2

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

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Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for FLNG

All available reporting periods
Q2 20262026-08-19

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.