FLEX LNG Ltd. (NYSE:FLNG) Surpasses Q1 2025 Earnings Estimates

• FLEX LNG Ltd. (NYSE:FLNG) reported a strong financial performance in Q1 2025, with earnings per share (EPS) of $0.54, beating the estimated $0.44.
• The company's revenue reached $88.4 million, surpassing the forecasted $84.45 million, despite a slight decrease from the previous quarter.
• FLNG's financial health is solid, indicated by a debt-to-equity ratio of 2.24 and a current ratio of approximately 2.99, showcasing its investment potential.

FLEX LNG Ltd. (NYSE:FLNG) is a prominent player in the liquefied natural gas (LNG) shipping industry. The company specializes in the transportation of LNG, utilizing a fleet of modern vessels. As a key participant in the LNG market, FLNG competes with other major shipping companies, striving to maintain a strong market position through strategic operations and financial performance.

On May 21, 2025, FLNG reported impressive financial results for the first quarter of 2025. The company achieved earnings per share (EPS) of $0.54, surpassing the estimated $0.44. This performance highlights the company's ability to exceed market expectations and deliver value to its shareholders. The adjusted net income for the period was $29.4 million, aligning with the reported EPS.

FLNG's revenue for the quarter reached $88.4 million, exceeding the estimated $84.45 million. This revenue figure includes earnings from various operations, although it experienced a $3 million decrease compared to the previous quarter. The decline was primarily due to lower earnings from the Flex Artemis, which operates on a variable index hire. Despite this, the company managed to maintain strong revenue performance.

The company's financial metrics provide further insights into its market standing. With a price-to-earnings (P/E) ratio of approximately 10.25, FLNG's earnings are valued favorably by the market. The price-to-sales ratio of about 3.40 and enterprise value to sales ratio of around 7.25 reflect the company's revenue valuation relative to its market capitalization and total value, respectively.

FLNG's financial leverage is indicated by a debt-to-equity ratio of 2.24, suggesting a balanced approach to financing. The current ratio of approximately 2.99 demonstrates the company's ability to cover short-term liabilities with its short-term assets. These financial metrics, along with an earnings yield of about 9.76%, provide a comprehensive view of FLNG's financial health and investment potential.