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FLNG · NYSE · United States · Water Transportation
In shortFlex LNG Ltd. is profitable, generates cash and carries heavy debt, with revenue shrinking (−2.4% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 50.6% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 21.5% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 9.8% | 49/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 6.8% | 46/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 3.03× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 2.57× | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 5.56× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 1.90× | 4/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.44 | 9/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 40.5% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.88× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 5 | 33/100 |
| Revenue growth volatility | 48.7% | 0/100 |
| Operating margin volatility | 3.4% | 78/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -0.0% | 17/100 |
|---|---|---|
| EPS growth, 3-year average | -26.7% | 0/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
4 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 343 | 348 | 371 | 356 | 348 |
| Operating income | 201 | 201 | 217 | 198 | 176 |
| Interest expense | 56 | 77 | 109 | 106 | 93 |
| Pre-tax income | 162 | 188 | 120 | 118 | 75 |
| Income tax | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Net income | 162 | 188 | 120 | 118 | 75 |
| Diluted EPS | $3.04 | $3.51 | $2.22 | $2.18 | $1.38 |
| Diluted shares (millions) | 53 | 54 | 54 | 54 | 54 |
4 older years available with the 10-year history. Essential plan, from €8.25/month →
1.44 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Aug 19, 2026