FLEX LNG Ltd.

NYSE:FLNG 주식 리포트

시가총액: US$1.8b

FLEX LNG 과거 순이익 실적

과거 기준 점검 1/6

FLEX LNG의 수입은 연평균 -9.2%의 비율로 감소해 온 반면, Oil and Gas 산업은 수입이 연평균 8.9% 증가했습니다. 매출은 연평균 4.4%의 비율로 증가해 왔습니다. FLEX LNG의 자기자본이익률은 10.8%이고 순이익률은 22.3%입니다.

핵심 정보

-9.17%

순이익 성장률

-9.42%

주당순이익(EPS) 성장률

Oil and Gas 산업 성장률33.67%
매출 성장률4.43%
자기자본이익률10.83%
순이익률22.26%
다음 순이익 업데이트28 Aug 2026

최근 과거 실적 업데이트

Recent updates

내러티브 업데이트 May 10

FLNG: Lengthy Charter Backlog Will Continue To Leave Shares Overpriced

Analysts have trimmed their price target on FLEX LNG by $0.01 to reflect slightly higher required returns, with only minor adjustments to long run revenue growth, profit margin, and future P/E assumptions. What's in the News Flex LNG agreed a new time charter for Flex Aurora with a minimum firm period of two years and options that could extend the contract up to eight years in total, potentially committing the vessel until 2034 (Client Announcement).
Seeking Alpha May 07

FLEX LNG: Secures Contracts Amid Iran War, Dividend Will Be Maintained For Longer (Upgrade)

Summary FLEX LNG upgraded to Hold as improved contract coverage reduces spot exposure and supports near-term dividend sustainability. FLNG's fleet is modern and efficient, but current charter rates below $80,000/day remain insufficient to fully cover the $0.75 quarterly dividend. With $448 million in cash, FLNG can sustain the dividend for up to three years, but a reduction is likely unless rates rise materially. Risks include a large 2026–27 orderbook and Qatari relet tonnage, while upside depends on sustained rate strength from Asian LNG demand. Read the full article on Seeking Alpha
내러티브 업데이트 Apr 26

FLNG: Extended Charter Backlog Will Keep Shares Looking Overpriced

Analysts now place their price target for FLEX LNG at about $25.78, slightly below the prior $26.13. The change reflects updated assumptions for discount rate, revenue growth, profit margin and future P/E that together point to a modestly adjusted outlook for the shares.
내러티브 업데이트 Apr 09

FLNG: Lengthening Charter Backlog Will Continue To Leave Shares Looking Expensive

Analysts have maintained their average $26.13 price target for FLEX LNG, with only slight adjustments to inputs such as the discount rate and assumed future P/E. This reflects relatively unchanged expectations around the company’s valuation drivers.
내러티브 업데이트 Mar 26

FLNG: Lengthening Charter Backlog Will Sustain View That Shares Stay Expensive

Analysts have raised their price target on FLEX LNG slightly from $25.25 to $26.13, citing small adjustments to the discount rate, long-term growth assumptions, and forward P/E expectations. What's in the News Flex LNG agreed a new time charter for Flex Aurora with a minimum firm period of two years and extension options of 2+2+2 years, which could take the total contract length to potentially eight years and keep the vessel employed until 2034 if all options are used (Company client announcement).
내러티브 업데이트 Mar 11

FLNG: Steady Assumptions Will Sustain View That Shares Remain Expensive

Analysts are keeping their $25.25 price target for FLEX LNG unchanged, as small adjustments to inputs such as the discount rate, long term margin, and future P/E multiples do not materially alter their view of the stock's valuation. Valuation Changes Fair Value: Kept steady at $25.25, showing no change in the central valuation estimate.
내러티브 업데이트 Feb 24

FLNG: Fair Value View Will Balance Margin Reset And Higher P/E

The analyst price target for FLEX LNG has changed from $26.20 to $25.25. Analysts cite updated assumptions for revenue growth, profit margins, and a slightly higher future P/E multiple as key factors driving this revision.
내러티브 업데이트 Feb 09

FLNG: Stable Fair Value Will Reflect 2025 TCE And Equity Offering

Analysts have kept their price target on FLEX LNG broadly steady at around US$26.20 per share, reflecting only minor adjustments in the discount rate and forward P/E assumptions in their updated models. What's in the News FLEX LNG filed a follow-on equity offering of up to US$100 million in ordinary shares, structured as common stock with a dividend reinvestment plan feature (Key Developments).
내러티브 업데이트 Jan 26

FLNG: Stable Fair Value Will Reflect 2025 Charter Rates And Capital Actions

Narrative Update on FLEX LNG Analysts now place their price target for FLEX LNG at about US$26.20 per share, up from roughly US$25.95. The adjustment is tied to updated assumptions for fair value, discount rate, revenue growth, profit margins, and future P/E levels.
내러티브 업데이트 Jan 11

FLNG: Stable Fair Value Will Reflect 2025 Cash Generation And Capital Actions

Analysts have kept their fair value estimate for FLEX LNG steady at US$25.95, with only small tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions supporting an unchanged price target narrative. What's in the News FLEX LNG issued earnings guidance for the full year 2025, indicating expected revenues of around US$340 million.
분석 기사 Jan 10

Investors Aren't Entirely Convinced By FLEX LNG Ltd.'s (NYSE:FLNG) Earnings

FLEX LNG Ltd.'s ( NYSE:FLNG ) price-to-earnings (or "P/E") ratio of 14.2x might make it look like a buy right now...
내러티브 업데이트 Dec 26

FLNG: Future Cash Generation And Capital Plans Will Continue To Support Balanced Outlook

Analysts have slightly increased their price target on FLEX LNG to align with a refined fair value estimate of 25.95 dollars, reflecting modestly higher discount rate and future earnings assumptions, while keeping long term growth and margin expectations broadly unchanged. What's in the News FLEX LNG issued earnings guidance for full year 2025, targeting approximately 340 million dollars in revenues and a time charter equivalent rate of around 71,000 to 72,000 dollars per day, signaling steady earnings visibility into next year (Key Developments).
내러티브 업데이트 Dec 11

FLNG: Future Cash Generation And Capital Plans Will Support Balanced Outlook

Analysts have modestly raised their price target on FLEX LNG to approximately 25.95 dollars from about 24.97 dollars, citing slightly higher projected revenue growth, improved profit margins, and a marginally lower expected future P/E multiple. Together, these factors support a higher fair value despite a small uptick in the discount rate.
내러티브 업데이트 Nov 27

FLNG: Updated Guidance And Dividend Plan Will Support Balanced Prospects Ahead

Analysts have revised their price target for FLEX LNG slightly downward, from approximately $25.33 to $24.97. This change is due to updated assessments around discount rates, increased revenue growth forecasts, and improving profit margins.
내러티브 업데이트 Nov 11

FLNG: Full Year Guidance And Buyback Program Will Sustain Stable Outlook

Analysts have modestly adjusted their price target for FLEX LNG, maintaining it at $25.33 per share. Their updated outlook incorporates a slightly lower discount rate and future price-to-earnings expectations, while growth and profit margin forecasts remain nearly unchanged.
분석 기사 Nov 01

We Like These Underlying Return On Capital Trends At FLEX LNG (NYSE:FLNG)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
내러티브 업데이트 Oct 28

Improved Margins And Market Changes Will Expand Opportunities In Global LNG

Narrative Update: FLEX LNG Analyst Price Target Raised Analysts have increased their price target for FLEX LNG from $24.00 to $25.33 per share. They cite slightly improved profit margins and a favorable adjustment in the discount rate as key factors behind this revision.
분석 기사 Jul 16

FLEX LNG Ltd.'s (NYSE:FLNG) Business And Shares Still Trailing The Market

FLEX LNG Ltd.'s ( NYSE:FLNG ) price-to-earnings (or "P/E") ratio of 11.5x might make it look like a buy right now...
분석 기사 Apr 04

FLEX LNG (NYSE:FLNG) Is Looking To Continue Growing Its Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
분석 기사 Mar 03

Investors Don't See Light At End Of FLEX LNG Ltd.'s (NYSE:FLNG) Tunnel

With a price-to-earnings (or "P/E") ratio of 10.1x FLEX LNG Ltd. ( NYSE:FLNG ) may be sending bullish signals at the...
Seeking Alpha Feb 06

FLEX LNG: 11% Yield On LNG Shipping, Outperforming In 2025

Summary FLEX LNG Ltd. benefits from long-term charters, insulating it from current low spot market rates and decreased European LNG imports. Despite lower TCE rates and earnings in 2024, FLNG maintains a high dividend yield of 11.55%, with a stable payout ratio. FLNG's valuations are higher than industry averages, leading to a cautious stance on acquiring new shares despite strong dividend coverage. Read the full article on Seeking Alpha
Seeking Alpha Jan 04

Flex LNG: Market Gears Turning In Its Favor

Summary The LNG market is poised for growth in 2025 due to increased European demand following Russia's gas supply halt and delays in major LNG projects. Flex LNG, with its modern fleet and long-term charter contracts, is well-positioned to benefit from favorable market fundamentals. Supply-side challenges, including project delays and political factors, will support LNG prices, enhancing investment opportunities in the sector. U.S. political strategies, including potential sanctions on Russian LNG, will further bolster the LNG market, making it a compelling investment for 2025. Read the full article on Seeking Alpha
분석 기사 Dec 21

We Like These Underlying Return On Capital Trends At FLEX LNG (NYSE:FLNG)

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
분석 기사 Dec 03

FLEX LNG (NYSE:FLNG) Has A Somewhat Strained Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Seeking Alpha Nov 22

FLEX LNG: When A New Fleet And Appealing Yields Are Not Enough, Rating Downgrade

Summary FLEX reported $90.5 million revenue in 3Q24, compared to $94.6 million in 3Q23. On the other hand, QoQ revenue increased by 6.4%. It declared $17.4 million net income and $0.32EPS. FLEX has a 208% Total Debt to Equity. The company reported $289 million cash and $330 million fully undrawn revolving tranches. For 3Q24, FLEX announced a $0.75/share dividend. The LTM yield is 11.85%. The payout ratio is 143%. FLEX was part of my book. I see better opportunities in other stocks. In the coming months, if Mr. Market feels depressed and the FLEX stock price falls below 100% PNAV, the company will become appealing again. Read the full article on Seeking Alpha
분석 기사 Oct 26

FLEX LNG Ltd.'s (NYSE:FLNG) Prospects Need A Boost To Lift Shares

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 18x, you may...
Seeking Alpha Oct 04

FLEX LNG: 12% Yield, Tailwinds

Summary FLEX LNG Ltd. benefited from higher LNG prices and shipping rates post-Russia's 2022 invasion of Ukraine, securing long-term charters and raising dividends. Despite a slight drop in Q2 '24 earnings due to lower TCE rates and derivative losses, adjusted net income increased. FLNG's forward dividend yield is around 12%, with a solid cash position and manageable debt, but its stock has underperformed recently. Given current uncertainties, I rate FLNG a Hold, awaiting the next dividend declaration and earnings release around 11/7/24. Read the full article on Seeking Alpha
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새로운 내러티브 Sep 14

Optimizing Fleet Efficiency And Financial Strategies To Navigate Market Volatility And Propel Growth

Strategic long-term charters and balance sheet optimization increase revenue stability and financial flexibility, enhancing earnings and net margins.
Seeking Alpha Sep 09

FLEX LNG: A Bond-Like 11.9% Yield To Lock Before Rate Cuts

Summary FLEX LNG’s 11.9% dividend is well-supported by long-term charters, providing stable earnings even during temporary market softness. Lower EPS in Q2 was due to vessel drydockings and seasonal softness, but these are temporary factors, with all ships back in operation for Q3. Revenues are expected to rise in Q3 and Q4, driven by returning vessels and favorable market conditions, ensuring full dividend coverage. With minimal debt maturities until 2029 and substantial liquidity, FLNG is well-positioned for price appreciation as a high-yield alternative in a low-rate environment. Read the full article on Seeking Alpha
분석 기사 Sep 06

FLEX LNG (NYSE:FLNG) Shareholders Will Want The ROCE Trajectory To Continue

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Seeking Alpha Aug 21

Flex LNG: Trade The Yield, Don't Marry It

Summary Flex LNG's 11.4% dividend exceeds both net income and operating cash flows. This has been ongoing since interest rates began escalating rapidly, and is expected to continue until rates are reduced dramatically. FLNG stock's cyclicality allows investors to exploit other yield seekers and boost post tax returns by 50% versus collecting yield alone. Read the full article on Seeking Alpha
Seeking Alpha Jul 14

FLEX LNG: 11% Yield On LNG Shipping

Summary FLEX LNG Ltd. yields over 11%. It uses a combo of EPS and cash flow to pay quarterly dividends. This article compares FLEX LNG Ltd.'s valuations, leverage, and performance to its industry's. Read the full article on Seeking Alpha
분석 기사 Jul 12

Is FLEX LNG (NYSE:FLNG) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Seeking Alpha May 23

FLEX LNG: Steady Amid Market Uncertainty, But Not A Buy

Summary FLEX LNG reported Q1 earnings in line with guidance, and guides a slightly weaker next quarter. It declared a dividend of $0.75, implying a yield of about 11 percent. FLNG's staggered contract backlog limits effects from fluctuation charter rates. Read the full article on Seeking Alpha
분석 기사 May 08

FLEX LNG Ltd. (NYSE:FLNG) Could Be Riskier Than It Looks

FLEX LNG Ltd.'s ( NYSE:FLNG ) price-to-earnings (or "P/E") ratio of 12.1x might make it look like a buy right now...
Seeking Alpha Apr 17

FLEX LNG: Bet On Resilient Demand For LNG Carriers

Summary India and China drive global LNG demand growth. On the other hand, LNG exports are increasing across major exporters. Despite the high order book, LNG shipping still offers upside potential. 93% of the incoming ships are booked, plus many LNG carriers with steam turbines will be redelivered in 24/25. The steamers will slowly go out of service, leaving place for the vessels with last-generation engines. FLNG realized adequate revenue and income growth, though disappointing net income and EPS. The company keeps a healthy balance sheet with ample liquidity; the next debt maturity is in 2028. Given FLNG fleet quality, robust liquidity position, and attractive dividends, I give a Buy rating. Read the full article on Seeking Alpha
Seeking Alpha Mar 13

FLEX LNG Q4: Bankable Dividend In Turbulent Waters

Summary Recent weeks witnessed a rebase of the company’s equity currency to an 11% - 12% dividend yield on the back of shifting LNG market fundamentals. The company’s strong liquidity position and FCFE generation are key to the $0.75 per share dividend distribution despite challenges in the LNG spot market. Investors should tread with caution since any prolonged price weakness may prompt management to adjust the distribution strategy to a more sustainable yield. Read the full article on Seeking Alpha
분석 기사 Feb 23

Here's Why FLEX LNG (NYSE:FLNG) Has A Meaningful Debt Burden

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Seeking Alpha Feb 09

FLEX LNG: LNG Terminal Pause Adds Some Risk

Summary FLEX LNG's Q4 earnings were steady, with slightly improved results versus Q3. The LNG transport market is facing challenges due to increased vessel supply and potential delays in new LNG projects. While its spot exposure will increase temporarily, FLNG chartered vessels still offer a ballast in a more difficult LNG shipping market. Read the full article on Seeking Alpha

매출 및 비용 세부 내역

FLEX LNG가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.


순이익 및 매출 추이

NYSE:FLNG 매출, 비용 및 순이익 (USD Millions)
날짜매출순이익일반관리비연구개발비
31 Mar 263407680
31 Dec 253487580
30 Sep 253519890
30 Jun 253569990
31 Mar 25355103100
31 Dec 24356118100
30 Sep 243639290
30 Jun 24367120100
31 Mar 2436913790
31 Dec 23371120100
30 Sep 23372142110
30 Jun 23368144110
31 Mar 23366149100
31 Dec 2234818890
30 Sep 2236521690
30 Jun 2235520280
31 Mar 2233717190
31 Dec 2134316280
30 Sep 2129611980
30 Jun 212489070
31 Mar 212087060
31 Dec 20164860
30 Sep 20149670
30 Jun 20146370
31 Mar 20139670
31 Dec 191201780
30 Sep 19104870
30 Jun 1993960
31 Mar 19811060
31 Dec 18771250
30 Sep 1849-240
30 Jun 1840-730
31 Mar 1841-1130
31 Dec 1727-1030
30 Sep 1719-1230
30 Jun 1710-820
31 Mar 172-220
31 Dec 160-210
30 Sep 160-220
30 Jun 160-220
31 Mar 160-220
31 Dec 150-220
30 Sep 150-320

양질의 수익: FLNG는 고품질 수익을 보유하고 있습니다.

이익 마진 증가: FLNG의 현재 순 이익률 (22.3%)은 지난해 (29.1%)보다 낮습니다.


잉여현금흐름 대비 순이익 분석


과거 순이익 성장 분석

수익추이: FLNG의 수익은 지난 5년 동안 연평균 9.2% 감소했습니다.

성장 가속화: FLNG은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.

수익 대 산업: FLNG은 지난 1년 동안 수익이 감소(-26.7%)하여 Oil and Gas 업계 평균(-1.7%)과 비교하기 어렵습니다.


자기자본이익률

높은 ROE: FLNG의 자본 수익률(10.8%)은 낮음으로 평가됩니다.


총자산이익률


투하자본수익률


우수한 과거 실적 기업을 찾아보세요

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/05/20 15:40
종가2026/05/20 00:00
수익2026/03/31
연간 수익2025/12/31

데이터 소스

당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.

패키지데이터기간미국 소스 예시 *
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시장 가격30년
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산업 및 섹터 지표

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분석가 소스

FLEX LNG Ltd.는 12명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
null nullABG Sundal Collier
Gregory LewisBTIG
Marius FurulyCarnegie Investment Bank AB