profit from every $100 of sales.
$0$100
FLEX LNG
$26.04-0.08% today
-1.9% in 1 year
1-year low $24.341-year high $33.27
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $18.83 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What FLEX LNG sold, what it kept, and what it did with the cash.
Sales went from $348 million in 2022 to $348 million in 2025, with $74.8 million of profit last year.
SalesProfit
FLEX LNG handed back more cash to shareholders than it generated last year.
$162M
Free cash flow 2025$141M
Bought back its own shares–
Paid as dividends$162M
Cash vs. debt$448M vs. $1.8B
FLEX LNG vs. similar companies
FLEX LNG grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| FLEX LNG | 18.8× · Fair price | ||
 Enbridge | 19.9× · Fair price | ||
 The Williams Companies | 31.7× · Expensive | ||
 Enterprise Products Partners L.P. | 13.6× · Cheap | ||
 Kinder Morgan | 22.3× · Fair price |
AI analysis
An AI analyst reads FLEX LNG's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 348 | 371 | 356 | 348 | |
| 210 | 228 | 208 | 184 | |
| 201 | 217 | 198 | 176 | |
| 337 | 302 | 299 | 244 | |
| 188 | 120 | 118 | 75 | |
| 3.51 | 2.22 | 2.18 | 1.38 | |
| 60.3% | 61.4% | 58.3% | 52.9% | |
| 57.7% | 58.5% | 55.5% | 50.6% | |
| 54.0% | 32.4% | 33.0% | 21.5% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 2,680 | 2,709 | 2,669 | 2,624 |
| Cash | 332 | 410 | 437 | 448 |
| Total debt | 1,715 | 1,812 | 1,810 | 1,848 |
| Total liabilities | 1,772 | 1,862 | 1,862 | 1,905 |
| 907 | 848 | 807 | 719 | |
| 54 | 54 | 54 | 54 | |
| 8.0% | 6.8% | 6.7% | 5.2% | |
| 20.7% | 14.2% | 14.6% | 10.4% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 220 | 175 | 183 | 141 | |
| 0 | 0 | 0 | – | |
| 220 | 175 | 183 | 141 | |
| Dividends paid | 186 | 181 | 162 | 162 |
| 0 | 0 | – | – | |
| 0 | 2 | 1 | 0 |
Valuation
- 18.8×
- 15.0×
- –
- 2.5×
- 4.1×
- 10.0×
- 11.5×
- 10.0%
- 5.3%
- 9.1%
Profitability
- 52.9%
- 50.6%
- 21.5%
- 70.2%
- 6.8%
- 5.1%
- 10.0%
- 2.9%
- 7.2%
- –
Growth
- −0.0%
- −26.7%
- −26.2%
- +72.1%
- +0.4%
Financial health
- 5.7×
- 2.57
- 70.4%
- 1.9×
- 3.03
- 2.98
- 0.13
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 44%of 465
Top 5%of 462
Bottom 44%of 383
Bottom 48%of 457
Top 24%of 458
What analysts expect
- Average price target
- $24.00
- Range
- $24.00 – $24.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 13, 2026 | 0.31 | 0.36 | −14.2% |
| Feb 11, 2026 | 0.43 | 0.43 | −0.9% |
| Nov 12, 2025 | 0.43 | 0.61 | −29.7% |
| Aug 20, 2025 | 0.46 | 0.45 | +2.2% |
| May 21, 2025 | 0.54 | 0.46 | +17.4% |
| Feb 4, 2025 | 0.57 | 0.51 | +11.8% |
| Nov 12, 2024 | 0.53 | 0.54 | −1.9% |
| Aug 14, 2024 | 0.56 | 0.47 | +19.1% |
9.1%of the share price, paid each year
On $1,000 invested$91a year at today's yield, before tax
+72.1%2020 to 2025
Raised–not every year
Paid per share, each year
$0.10 in 2019 → $3.00 in 2025
How safe it looks
216.9% of its profit
Room to growStretchedMore than it earns: 115.3%
News
Flex soars 12% on quarterly resultsSeeking Alpha · Oct 28, 2026What Flex Bulls Got RightYahoo Finance · Oct 24, 2026Key deals this week: Flex, Nvidia, AbbVie and moreSeeking Alpha · Sep 5, 2026Flex LNG declares $0.75 dividendSeeking Alpha · Aug 19, 2026Flex LNG beats top-line and bottom-line estimates; reaffirms FY2026 outlookSeeking Alpha · Aug 19, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
56No pass
Benjamin Graham
60Pass
Philip Fisher
54No pass
Peter Lynch
22No pass
Joel Greenblatt
34No pass
Charlie Munger
54No pass
Terry Smith
56No pass
Questions about FLEX LNG
Is FLEX LNG a good stock to buy?
A business with weak numbers at a fair price. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the FLEX LNG AI analysis
What does FLEX LNG do?
Flex LNG Ltd., through its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. It is in Oil & Gas Midstream.
Does FLEX LNG pay a dividend?
Yes. At today's price the dividend is 9.1% a year, about 217% of its yearly profit. In 2025 it paid out $162 million in dividends.
Is FLEX LNG stock halal?
No. FLEX LNG does not pass our halal screen: its debt is 131% of its market value, at or above the 33% limit. How we check
How has FLEX LNG stock done over the past year?
Down 1.9% over the past twelve months, to $26.04. It traded between $24.34 and $33.27 and is 21.7% below its high.
Who are FLEX LNG's competitors?
The largest listed companies in the same industry are Enbridge, The Williams Companies, Enterprise Products Partners L.P. and Kinder Morgan. The peers table on this page compares their profit, growth and price with FLEX LNG's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.