FLEX LNG Ltd.

FLEX LNG Ltd.verified

FLNG.OL

Price:

$265

Market Cap:

$1.30B

Flex LNG Ltd., through its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. As of February 16, 2022, it owned and operated nine M-type electronically controlled gas injection LNG carriers; and four vessels with generation X dual fuel propulsion systems. It also provides chartering and management services. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda.[Read more]

Industry

Oil & Gas Midstream

IPO Date

2009-10-30

Stock Exchange

OSL

Ticker

FLNG.OL

The ROE as of November 2024 (TTM) for FLEX LNG Ltd. (FLNG.OL) is 14.12%

According to FLEX LNG Ltd.’s latest financial reports and current stock price. The company's current ROE is 14.12%. This represents a change of 302.10% compared to the average of 3.51% of the last 4 quarters.

FLEX LNG Ltd. (FLNG.OL) Historical ROE (quarterly & annually)

How has FLNG.OL ROE performed in the past?

The mean historical ROE of FLEX LNG Ltd. over the last ten years is 5.22%. The current 14.12% ROE has changed 170.34% with respect to the historical average. Over the past ten years (40 quarters), FLNG.OL's ROE was at its highest in in the December 2021 quarter at 7.81%. The ROE was at its lowest in in the March 2020 quarter at -1.82%.

Quarterly (TTM)
Annual

Average

5.22%

Median

1.20%

Minimum

-2.00%

Maximum

20.73%

FLEX LNG Ltd. (FLNG.OL) ROE by Quarter and Year

Discovering the peaks and valleys of FLEX LNG Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.78%

Maximum Annual ROE = 20.73%

Minimum Annual Increase = -171.15%

Minimum Annual ROE = -2.00%

Quarterly (TTM)
Annual
YearROEChange
202314.16%-31.69%
202220.73%13.67%
202118.24%1.78%
20200.97%-52.00%
20192.02%42.00%
20181.42%-171.15%
2017-2.00%130.36%
2016-0.87%-27.42%
2015-1.20%-4.61%
2014-1.25%-101.29%

FLEX LNG Ltd. (FLNG.OL) Average ROE

How has FLNG.OL ROE performed in the past?

The current ROE of FLEX LNG Ltd. (FLNG.OL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

17.71%

5-year avg

11.22%

10-year avg

5.22%

FLEX LNG Ltd. (FLNG.OL) ROE vs. Peers

How is FLNG.OL’s ROE compared to its peers?

FLEX LNG Ltd.’s ROE is less than BW LPG Limited (32.69%), less than Frontline Ltd. (25.55%), less than Golden Ocean Group Limited (11.17%), less than Avance Gas Holding Ltd (47.79%), less than Awilco LNG ASA (24.45%),

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