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Flex LNGFLNG +0.52%63 Earnings Yield (Joel Greenblatt) % is 6.48% as of Jun. 2026, which is 8% above its 10-year median of 5.98. GuruFocus rates FLNG with a GF Score™ of 63/100 and a GF Value™ of $26.06 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,034 Oil & Gas companies, Flex LNG ranks better than 53% on this metric.
Flex LNG's Enterprise Value for the quarter that ended in Jun. 2026 was $2,914.1 Mil.
Flex LNG's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $188.7 Mil. Flex LNG's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 6.48%.
The historical rank and industry rank for Flex LNG's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FLNG'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.87 Med: 5.98 Max: 9.3
Current: 6.12
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Flex LNG was 9.30%. The lowest was -1.87%. And the median was 5.98%.
FLNG's Earnings Yield (Joel Greenblatt) % is ranked better than 53% of 1034
companies
in the Oil & Gas industry
Industry Median: 5.24
vs FLNG: 6.12
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Flex LNG's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 9.30%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Flex LNG Earnings Yield (Joel Greenblatt) % Related Terms
Flex LNG Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Flex LNG's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Midstream subindustry, Flex LNG's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Flex LNG Earnings Yield (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Flex LNG's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Flex LNG's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Flex LNGs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Flex LNG's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $188.7 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.48% mean?
Flex LNG (FLNG) has a Earnings Yield (Joel Greenblatt) % of 6.48% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Flex LNG and its competitors. This is near median its historical median of 5.98. According to the industry distribution chart, Flex LNG ranks #486 out of 1034 companies in the Oil & Gas industry, placing it in the top 47%.
Is Flex LNG's Earnings Yield (Joel Greenblatt) % too high?
Flex LNG's current Earnings Yield (Joel Greenblatt) % of 6.48% is near median its 10-year median of 5.98. The Oil & Gas industry median Earnings Yield (Joel Greenblatt) % is 5.24. Flex LNG's value of 6.48% is 23.7% above this industry median. Based on the distribution chart, Flex LNG ranks #486 out of 1034 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Flex LNG has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flex LNG's Earnings Yield (Joel Greenblatt) % compare to GLP and PBT?
According to the Oil & Gas industry distribution chart, Flex LNG ranks #486 out of 1034 companies for Earnings Yield (Joel Greenblatt) %. This puts Flex LNG in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.24. Flex LNG's value of 6.48% is 23.7% above this benchmark. While the company's 10-year median is 5.98 vs. the industry median of 5.24, Flex LNG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Oil & Gas company?
The median Earnings Yield (Joel Greenblatt) % among Oil & Gas companies is 5.24, based on 1,034 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flex LNG's current Earnings Yield (Joel Greenblatt) % of 6.48% is 23.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Flex LNG and its competitors. For the Oil & Gas industry, the median Earnings Yield (Joel Greenblatt) % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flex LNG's current Earnings Yield (Joel Greenblatt) % is 6.48%, which is near median its own 10-year median of 5.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flex LNG stock overvalued right now?
Based on GuruFocus' analysis, Flex LNG (FLNG) is currently considered Modestly Overvalued. The stock's GF Value™ is $26.06, compared to a current price of $31.14 — trading 19.5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.48%, which is near median its 10-year median of 5.98 and 23.7% above the Oil & Gas industry median of 5.24. Flex LNG's overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Flex LNG (FLNG), the current Earnings Yield (Joel Greenblatt) % is 6.48% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Flex LNG (FLNG) Overvalued in 2026?
Based on GuruFocus' analysis, Flex LNG stock appears to be overvalued.
The current stock price of $31.14 is trading 19.5% above its estimated GF Value™ of $26.06.
GuruFocus considers Flex LNG to be Modestly Overvalued.
Key valuation signals for FLNG:
Earnings Yield (Joel Greenblatt) %: 6.48% (near median its 10-year median of 5.98)
GF Value™: $26.06 vs. price of $31.14 (19.5% above fair value)
Industry Position: 23.7% above the Oil & Gas median (#486 of 1034)
No single metric tells the full story. See the FLNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Flex LNG Ltd is an LNG shipping company with a fleet of next-generation LNG carriers with large cargo capacity. The company's fleet consists of several LNG carriers on the water, and all of its vessels are of the latest generation equipped with two-stroke propulsion. Its fleet consists of M-type, Electronically Controlled, Gas Injection (MEGI) LNG carriers and Generation X Dual Fuel (X-DF) LNG carriers, offering improvements in fuel efficiency and thus also carbon footprint compared to the older steam and four-stroke propelled ships. The company has one reportable segment: vessel operations, which generates revenue from the chartering of vessels to customers.
63GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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