Flex LNG Ltd.FLNG

NYSEIndustrialsWater Transportation
Price (close)
$31.07
Market cap
$1.7B
P/E
22.5x
Revenue (FY)
$347.6M
Net income
$74.8M
Dividend yield
9.66%
1-year total return
36.8%
Net margin
21.5%
Revenue growth
-2.4%
Debt / equity
2.57x

What Flex LNG Ltd. does.

(1) As used in this Annual Report, "HO" means Hanwha Ocean (formerly known as Daewoo Ship building and Marine Engineering Co. Ltd.), "SHI" means Samsung Heavy Industries, and "HSHI" means Hyundai Samho Heavy Industries Co. Ltd.

(2) "MEGI" refers to M-type Electronically Controlled Gas Injection propulsion systems and "X-DF" refers to Generation X Dual Fuel propulsion systems. "FRS" and "PRS" refer to Full Re-liquefaction Systems and Partial Re-liquefaction Systems, respectively.

(3) The expiration of our charters is considered the firm period known to the Company as of February 27, 2026, however these are generally subject to re-delivery windows ranging from 15 to 45 days before or after the expiration date.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$164.5M$343.4M$347.9M$371.0M$356.3M$347.6M
Net income$8.1M$162.2M$188.0M$120.0M$117.7M$74.8M
Free cash flow$89.3M$214.8M$219.9M$175.0M$182.8M$140.7M

More on FLNG.

Figures from Flex LNG Ltd.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.