Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Flex LNGOSTO:FLNGO 72 Net Margin % is 24.25% as of Mar. 2026, which is 13% above its 10-year median of 21.52. GuruFocus rates OSTO:FLNGO with a GF Score™ of 72/100 and a GF Value™ of kr199.30. The stock has 9 warning signs investors should review. Among 918 Oil & Gas companies, Flex LNG ranks better than 84.64% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Flex LNG's Net Income for the
three
months ended in Mar. 2026 was kr188 Mil. Flex LNG's Revenue for the
three
months ended in Mar. 2026 was kr777 Mil. Therefore, Flex LNG's net margin for the quarter that ended in Mar. 2026 was 24.25%.
The historical rank and industry rank for Flex LNG's Net Margin % or its related term are showing as below:
OSTO:FLNGo'
s Net Margin % Range Over the Past 10 Years
Min: -38.08 Med: 21.52 Max: 54.05
Current: 22.26
OSTO:FLNGo's Net Margin % is ranked better than 84.64% of 918
companies
in the Oil & Gas industry
Industry Median: 3.455
vs OSTO:FLNGo: 22.26
Flex LNG (OSTO:FLNGo) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Flex LNG Net Margin % Related Terms
Flex LNG Net Margin % Historical Data
* Premium members only.
The historical data trend for Flex LNG's Net Margin % 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.
OSTO:FLNGO vs GLP, LPG, GEL: Net Margin % Comparison
For the Oil & Gas Midstream subindustry, Flex LNG's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Flex LNG's Net Margin % distribution charts can be found below:
* The bar in red indicates where Flex LNG's Net Margin % falls into.
* 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.
Flex LNG (OSTO:FLNGO) has a Net Margin % of 24.25% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Flex LNG and its competitors. This is 13% above median its historical median of 21.52. According to the industry distribution chart, Flex LNG ranks #141 out of 918 companies in the Oil & Gas industry, placing it in the top 15.4%.
Is Flex LNG's Net Margin % too high?
Flex LNG's current Net Margin % of 24.25% is 13% above median its 10-year median of 21.52. The Oil & Gas industry median Net Margin % is 3.46. Flex LNG's value of 24.25% is 601.9% above this industry median. Based on the distribution chart, Flex LNG ranks #141 out of 918 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Flex LNG has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Flex LNG's Net Margin % compare to GLP and LPG?
According to the Oil & Gas industry distribution chart, Flex LNG ranks #141 out of 918 companies for Net Margin %. This places Flex LNG in the top 15% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.46. Flex LNG's value of 24.25% is 601.9% above this benchmark. While the company's 10-year median is 21.52 vs. the industry median of 3.46, 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 Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.46, based on 918 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flex LNG's current Net Margin % of 24.25% is 601.9% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Flex LNG and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flex LNG's current Net Margin % is 24.25%, which is 13% above median its own 10-year median of 21.52. 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?
Flex LNG (OSTO:FLNGO) has a current Net Margin % of 24.25%. The stock's GF Value™ is kr199.30, compared to a current price of kr244.50 — trading 22.7% above its estimated fair value. The current Net Margin % is 24.25%, which is 13% above median its 10-year median of 21.52 and 601.9% above the Oil & Gas industry median of 3.46. Flex LNG's overall GF Score™ is 72/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Flex LNG (OSTO:FLNGO), the current Net Margin % is 24.25% as of Mar. 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 (OSTO:FLNGO) Overvalued in 2026?
Based on GuruFocus' analysis, Flex LNG stock appears to be overvalued.
The current stock price of kr244.50 is trading 22.7% above its estimated GF Value™ of kr199.30.
Key valuation signals for OSTO:FLNGO:
Net Margin %: 24.25% (13% above median its 10-year median of 21.52)
GF Value™: kr199.30 vs. price of kr244.50 (22.7% above fair value)
Industry Position: 601.9% above the Oil & Gas median (#141 of 918)
No single metric tells the full story. See the OSTO:FLNGO 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.
72GF Score
Get the complete analysis for OSTO:FLNGO
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OSTO:FLNGO has been successfully added to your 
