Flex LNG annual debt-to-equity ratio
2018
2019
2020
2021
2022
2023
2024
2025
Flex LNG Debt-to-Equity Ratio Growth & History (FLNG)
Flex LNG's debt-to-equity ratio was 2.59 for fiscal 2025.
View full Flex LNG company overviewFlex LNG annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.59 | 0.33 | +14.44% |
| 2024 | 2024-12-31 | 2.26 | 0.11 | +4.90% |
| 2023 | 2023-12-31 | 2.15 | 0.24 | +12.81% |
| 2022 | 2022-12-31 | 1.91 | 0.05 | +2.81% |
| 2021 | 2021-12-31 | 1.86 | 0.16 | +9.33% |
| 2020 | 2020-12-31 | 1.70 | 0.76 | +81.47% |
| 2019 | 2019-12-31 | 0.94 | 0.38 | +68.41% |
| 2018 | 2018-12-31 | 0.56 | — | — |
Flex LNG quarterly debt-to-equity ratio
Q4.19
Q2.20
Q4.20
Q2.21
Q4.21
Q2.22
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.57 | 0.19 | +7.92% |
| Q1 2026 | 2026-03-31 | 2.61 | 0.34 | +14.75% |
| Q4 2025 | 2025-12-31 | 2.59 | 0.33 | +14.44% |
| Q3 2025 | 2025-09-30 | 2.54 | — | — |
| Q2 2025 | 2025-06-30 | 2.38 | 0.23 | +10.58% |
| Q1 2025 | 2025-03-31 | 2.27 | — | — |
| Q4 2024 | 2024-12-31 | 2.26 | 0.11 | +4.90% |
| Q2 2024 | 2024-06-30 | 2.15 | −0.01 | −0.35% |
| Q4 2023 | 2023-12-31 | 2.15 | 0.24 | +12.81% |
| Q2 2023 | 2023-06-30 | 2.16 | 0.26 | +13.81% |
| Q4 2022 | 2022-12-31 | 1.91 | 0.05 | +2.81% |
| Q2 2022 | 2022-06-30 | 1.90 | −0.04 | −2.18% |
| Q4 2021 | 2021-12-31 | 1.86 | 0.16 | +9.33% |
| Q2 2021 | 2021-06-30 | 1.94 | 1.00 | +105.23% |
| Q4 2020 | 2020-12-31 | 1.70 | 0.76 | +81.47% |
| Q2 2020 | 2020-06-30 | 0.95 | — | — |
| Q4 2019 | 2019-12-31 | 0.94 | — | — |
Flex LNG debt-to-equity ratio trends
Over the last five fiscal years, Flex LNG's debt-to-equity ratio increased from 1.70 to 2.59, a change of 0.89. The latest reported quarter, Q2 2026, shows 2.57.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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