FLNG
Price:
$31.28
Market Cap:
$1.69B
Flex LNG Ltd., operating through its various subsidiaries, specializes in the global maritime transportation of liquefied natural gas (LNG). As of February 16, 2022, the company's operational fleet consisted of thirteen cutting-edge LNG carriers: nine M-type vessels equipped with electronically controlled gas injection systems, and four ships utilizing advanced Generation X dual-fuel propulsion technology. Beyond its core shipping activities, Flex LNG also provides professional chartering and vessel management services. The company was established in 2006 and maintains its principal office in Hamilton, Bermuda.
Industry
Oil & Gas Midstream
IPO Date
2019-06-17
Stock Exchange
NYSE
Ticker
FLNG
According to FLEX LNG Ltd.’s latest financial reports and current stock price. The company's current ROE is 10.36%. This represents a change of 298.84% compared to the average of 2.60% of the last 4 quarters.
The mean historical ROE of FLEX LNG Ltd. over the last ten years is 7.97%. The current 10.36% ROE has changed 30.09% with respect to the historical average. Over the past ten years (40 quarters), FLNG'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%.
Average
7.97%
Median
6.21%
Minimum
-2.00%
Maximum
20.73%
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%
| Year | ROE | Change |
|---|---|---|
| 2025 | 10.40% | -28.70% |
| 2024 | 14.59% | 3.02% |
| 2023 | 14.16% | -31.69% |
| 2022 | 20.73% | 13.67% |
| 2021 | 18.24% | 1.78% |
| 2020 | 0.97% | -52.00% |
| 2019 | 2.02% | 42.00% |
| 2018 | 1.42% | -171.15% |
| 2017 | -2.00% | 130.36% |
| 2016 | -0.87% | -27.42% |
The current ROE of FLEX LNG Ltd. (FLNG) 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
13.05%
5-year avg
15.62%
10-year avg
7.97%
FLEX LNG Ltd.’s ROE is less than Global Partners LP (18.84%), less than Navigator Holdings Ltd. (8.94%), less than Innovex International, Inc. (5.03%), less than Flowco Holdings Inc. (15.71%), less than Dorian LPG Ltd. (17.91%), greater than World Kinect Corporation (-39.63%), less than National Energy Services Reunited Corp. (6.70%), greater than Dnow Inc. (-8.39%), less than Enerflex Ltd. (7.72%), less than Bristow Group Inc. (11.10%),
| Company | ROE | Market cap |
|---|---|---|
| 18.84% | $1.60B | |
| 8.94% | $1.42B | |
| 5.03% | $2.02B | |
| 15.71% | $2.21B | |
| 17.91% | $1.93B | |
| -39.63% | $1.63B | |
| 6.70% | $2.67B | |
| -8.39% | $1.65B | |
| 7.72% | $2.97B | |
| 11.10% | $1.30B |
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