FLEX LNG Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	351.03	356.35	371.02	347.92	343.45	164.46
Revenue Growth (YoY)	-3.20%	-3.96%	6.64%	1.30%	108.83%	37.09%
Cost of Revenue	83.04	73.29	70.04	65.93	64.57	40.7
Gross Profit	267.99	283.06	300.99	281.99	278.88	123.77
Selling, General & Admin	8.93	9.79	10.47	9.15	7.89	6.3
Operating Expenses	84.93	85.27	83.83	81.37	77.72	48.15
Operating Income	183.07	197.79	217.16	200.62	201.16	75.62
Interest Expense	-83.91	-82.75	-90.44	3.09	-37.82	-66.99
Interest & Investment Income	4.58	4.47	4.87	2.01	0.04	0.33
Currency Exchange Gain (Loss)	0.67	-	-	-	-	-
Other Non Operating Income (Expenses)	-1.72	-1.06	-1.23	-1.46	0.14	-0.77
EBT Excluding Unusual Items	102.68	118.45	130.36	204.24	163.51	8.19
Other Unusual Items	-4.07	-0.64	-10.24	-16.1	-1.21	-
Pretax Income	98.61	117.82	120.12	188.14	162.3	8.19
Income Tax Expense	0.13	0.13	0.08	0.1	0.1	0.08
Net Income	98.48	117.68	120.04	188.04	162.21	8.11
Net Income to Common	98.48	117.68	120.04	188.04	162.21	8.11
Net Income Growth	7.21%	-1.96%	-36.16%	15.93%	1901.30%	-52.23%
Shares Outstanding (Basic)	54	54	54	53	53	54
Shares Outstanding (Diluted)	54	54	54	54	53	54
Shares Change (YoY)	0.02%	0.08%	0.86%	0.34%	-1.72%	0.05%
EPS (Basic)	1.82	2.19	2.24	3.53	3.04	0.15
EPS (Diluted)	1.82	2.18	2.22	3.51	3.04	0.15
EPS Growth	7.64%	-1.80%	-36.75%	15.46%	1929.16%	-51.67%
Free Cash Flow	156.59	182.8	175.03	219.88	-51.09	-602.09
Free Cash Flow Per Share	2.90	3.38	3.24	4.11	-0.96	-11.09
Dividend Per Share	3.000	3.000	3.000	3.000	2.300	0.400
Dividend Growth	-	-	-	30.44%	475.00%	100.00%
Gross Margin	76.34%	79.43%	81.12%	81.05%	81.20%	75.26%
Operating Margin	52.15%	55.51%	58.53%	57.66%	58.57%	45.98%
Profit Margin	28.06%	33.02%	32.35%	54.05%	47.23%	4.93%
Free Cash Flow Margin	44.61%	51.30%	47.18%	63.20%	-14.88%	-366.09%
EBITDA	241.66	263.7	282.89	272.84	270.99	117.47
EBITDA Margin	68.84%	74.00%	76.24%	78.42%	78.90%	71.42%
D&A For EBITDA	58.59	65.9	65.73	72.22	69.83	41.85
EBIT	183.07	197.79	217.16	200.62	201.16	75.62
EBIT Margin	52.15%	55.51%	58.53%	57.66%	58.57%	45.98%
Effective Tax Rate	0.13%	0.11%	0.07%	0.05%	0.06%	1.03%

Updated Nov 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q