FLNG
FLEX LNG Ltd.
There isn't enough reported data to score FLNG yet.
FLNG Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| Unavailable | |
| Weak |
FLNG's profitability is currently healthy, but its balance sheet is weak. There isn't enough data to rate its revenue and cash flow.
FLNG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.5x | $18.07 | -30% |
| Fair | 12x | $22.40 | -13% |
| Forward | 12x | $25.83 | — |
| Current | 14x | $25.83 | — |
| Expensive | 26x | $50.17 | +94% |
Historical ranges are pointers, not guarantees.
FLNG's PE is 14x, but its earnings don't support one, so it isn't a reliable read right now.
FLNG Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect FLNG's earnings to grow and its profitability to improve, with its revenue holding steady.
FLNG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.17 | +14% |
| Q2 2026 | $1.90 | +3.8% |
| Q4 2025 | $1.38 | -37% |
| Q2 2025 | $1.83 | -17% |
| Q4 2024 | $2.18 | -1.8% |
| Q2 2024 | $2.21 | -17% |
| Q4 2023 | $2.22 | -37% |
| Q2 2023 | $2.67 | -30% |
| Q4 2022 | $3.51 | +15% |
FLNG's earnings per share have fallen from their peak: $1.90 over the past year, against $3.79 in mid-2022.
FLNG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $187.3M | +7.4% |
| Q4 2025 | $173.2M | -4.5% |
| Q2 2025 | $174.4M | -0.3% |
| Q4 2024 | $181.4M | -5.4% |
| Q2 2024 | $174.9M | -2.4% |
| Q4 2023 | $191.8M | +1.4% |
| Q2 2023 | $179.2M | +13% |
| Q4 2022 | $189.2M | -3.6% |
FLNG's revenue grew through 2022 and has held roughly level since: $187M last quarter, up 7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 50% | -5.1 points |
| Q4 2025 | 49% | -11 points |
| Q2 2025 | 52% | -5.3 points |
| Q4 2024 | 56% | -4.3 points |
| Q2 2024 | 55% | +0.4 points |
| Q4 2023 | 59% | -3.6 points |
| Q2 2023 | 58% | +4.9 points |
| Q4 2022 | 60% | +13 points |
FLNG's operating margin was 50% last quarter, down 5.1 points from the same quarter a year ago.
FLNG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $86.5M | +29% |
| Q4 2025 | $73.7M | -27% |
| Q2 2025 | $67.1M | -19% |
| Q4 2024 | $100.4M | 0% |
| Q2 2024 | $82.4M | +10% |
| Q4 2023 | $100.4M | -20% |
| Q2 2023 | $74.6M | -21% |
| Q4 2022 | $125.3M | +1.3% |
FLNG generated $328M in free cash flow over the past year, down 14% from the year before.
FLNG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +3.7K shares |
| 1 year | +0.1% | +72.4K shares |
| 3 years | 0% | -18.2K shares |
| 5 years | +63% | +20.8M shares |
| Available history | +323% | +41.3M shares |
FLNG has 54M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2022 | — |
| Q2 2022 | — |
| Q4 2021 | $2.2M |
| Q2 2021 | $5.6M |
| Q4 2018 | — |
| Q3 2018 | — |
| Q2 2018 | — |
| Q1 2018 | — |
FLNG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 5.5x | High |
| Q4 2025 | 5.6x | High |
| Q2 2025 | 5.2x | High |
| Q4 2024 | 5.0x | High |
| Q2 2024 | 4.9x | High |
| Q4 2023 | 4.8x | High |
| Q2 2023 | 4.9x | High |
| Q4 2022 | 5.1x | High |
FLNG's net debt is about 5.5 years of its operating earnings (EBITDA), up from 4.9 years a year ago.
FLNG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 31.7 | Neutral |
| Stochastic | 11.0 | Oversold |
FLNG's weekly RSI is 32 (neutral) and its Stochastic is 11 (oversold).
FLNG PE vs Energy Sector
| Metric | FLNG | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 3.6% above |
| PE % | 60 | 61 | 1 pt below |
FLNG is trading at 14x earnings, in line with the Energy sector's median of 13x, though its earnings don't support one.
FLNG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $28.8 | 10% below |
| 20 week MA | $30.1 | 14% below |
| 50 week MA | $29.2 | 12% below |
| 100 week MA | $26.7 | 3.4% below |
| 200 week MA | $27.8 | 7.2% below |
FLNG is in a downtrend: it's below all five of its weekly moving averages, and 7.2% below its 200-week average.
FLNG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $8.67 | -21% |
| 2021 | $8.67 | $22.8 | +163% |
| 2022 | $22.8 | $34.5 | +52% |
| 2023 | $34.5 | $29.1 | -16% |
| 2024 | $29.1 | $21.8 | -25% |
| 2025 | $21.8 | $24.5 | +12% |
| 2026 YTD | $24.5 | $25.8 | +5.3% |
FLNG has finished lower in three of the last six years. It's up 5.3% so far in 2026.