Flex LNG Ltd. Net Income | FLNG

Net profit is a financial indicator that reflects the remaining amount of money after deducting all expenses and taxes from the company’s total income over a certain period of time. It is one of the key indicators of a company’s financial stability and success.

Net profit is the portion of total profit remaining after taxes and depreciation have been deducted.^[1]

It is the result of a company’s operations and reflects its efficiency in managing resources, controlling expenses, and generating income. It includes all operating revenues and expenses, such as sales of goods or services, production costs, administrative expenses, taxes, and other financial metrics.

The calculation of net profit includes the deduction of all necessary expenses such as employee salaries, rent, utilities, taxes, and other mandatory payments. After all these expenses are deducted from the total income, the remaining amount is considered the company’s net profit.

Net profit is an important indicator of a company’s financial health, as it reflects its ability to generate earnings and manage its finances. High net profit indicates business success, competitiveness, and efficiency in resource utilization. It also allows a company to invest in its development, pay dividends to shareholders, or create reserve funds for unforeseen situations.

It serves as a basis for calculating other financial indicators, such as return on sales, return on assets, or return on equity. It is also used to assess the performance of management and make decisions regarding the future development of the company.

However, it should be noted that net profit can be affected by various factors, such as economic conditions, changes in legislation, market competition, and other external influences. Therefore, companies must be prepared for possible changes and take measures to ensure the stability of their financial results.

Annual Net Income Flex LNG Ltd.

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
74.8 M	118 M	120 M	188 M	162 M	8.1 M	17 M	11.8 M	-10.4 M	-1.79 M	-2.48 M	-2.64 M	205 M	-299 M	-136 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
205 M	-299 M	30.2 M

Quarterly Net Income Flex LNG Ltd.

2026-Q2	2025-Q4	2025-Q2	2024-Q4	2024-Q2	2023-Q4	2023-Q2	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
-	74.8 M	36.4 M	118 M	55.1 M	120 M	55.5 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
120 M	36.4 M	76.6 M

References

Bhamornsiri, S., & Wiggins, C. (2001). Comprehensive income disclosures. The CPA Journal, 71(10), 54.

Net Income of other stocks in the Marine shipping industry

Issuer	Net Income	Price	% 24h	Market Cap	Country
Capital Product Partners L.P. CPLP	171 M	-	2.13 %	$ 355 B	Greece
Castor Maritime CTRM	19.3 M	$ 2.34	0.4 %	$ 22.6 M	Cyprus
Danaos Corporation DAC	495 M	$ 150.68	0.43 %	$ 2.78 B	Greece
Navios Maritime Containers L.P. NMCI	7.51 M	-	-	$ 300 M	Monaco
Eagle Bulk Shipping EGLE	22.7 M	-	-2.29 %	$ 678 M	USA
International Seaways INSW	309 M	$ 98.81	0.33 %	$ 4.87 B	USA
Eneti NETI	106 M	-	-	$ 431 M	Monaco
Navios Maritime Holdings NM	87.3 M	-	0.22 %	$ 51.7 M	Monaco
Nordic American Tankers Limited NAT	12.3 M	$ 6.77	0.15 %	$ 1.43 B	Bermuda
Grindrod Shipping Holdings Ltd. GRIN	-9.62 M	$ 33.78	0.56 %	$ 660 M	Singapore
Kirby Corporation KEX	355 M	$ 139.06	0.39 %	$ 7.74 B	USA
KNOT Offshore Partners LP KNOP	23.3 M	$ 10.9	2.83 %	$ 367 M	Britain
Star Bulk Carriers Corp. SBLK	84.2 M	$ 30.48	0.2 %	$ 3.51 B	Greece
Top Ships TOPS	3.09 M	-	-1.67 %	$ 22.3 M	Greece
Matson MATX	445 M	$ 224.31	1.01 %	$ 7.13 B	USA
Ardmore Shipping Corporation ASC	41 M	$ 17.36	2.9 %	$ 705 M	Bermuda
Navios Maritime Partners L.P. NMM	285 M	$ 87.16	0.33 %	$ 2.48 B	Greece
StealthGas GASS	60.6 M	$ 9.49	0.11 %	$ 341 M	Greece
Huntington Ingalls Industries HII	605 M	$ 294.21	0.47 %	$ 11.6 B	USA
Pyxis Tankers PXS	1.99 M	$ 5.36	0.3 %	$ 55.9 M	Greece
Diana Shipping DSX	17.8 M	$ 2.78	3.35 %	$ 307 M	Greece
Safe Bulkers SB	38.6 M	$ 8.52	1.19 %	$ 878 M	Monaco
Costamare CMRE	365 M	$ 15.41	0.39 %	$ 1.85 B	Greece
EuroDry Ltd. EDRY	-3.79 M	$ 50.38	2.1 %	$ 139 M	Greece
Genco Shipping & Trading Limited GNK	-4.37 M	$ 25.88	0.29 %	$ 1.12 B	USA
Euroseas Ltd. ESEA	137 M	$ 76.63	0.25 %	$ 532 M	Greece
Globus Maritime Limited GLBS	-1.75 M	$ 3.54	0.28 %	$ 73.2 B	Greece
Pangaea Logistics Solutions, Ltd. PANL	19.4 M	$ 8.06	2.03 %	$ 514 M	USA
Performance Shipping PSHG	50 M	$ 1.68	1.46 %	$ 20.9 M	Greece
Seanergy Maritime Holdings Corp. SHIP	21.2 M	$ 17.79	0.74 %	$ 364 M	Greece
SEACOR Marine Holdings SMHI	-27.8 M	$ 9.41	0.32 %	$ 247 M	USA