Flex LNG (OSTO:FLNGO) Pretax Margin %: 24.28% (As of Mar. 2026) — 13% Above Median

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OSTO:FLNGO Flex LNG Ltd OSTO:FLNGO
72 GF Score
Price kr244.50
GF Value kr199.30
! 9 Warning Signs
View Full Analysis

What is Flex LNG Pretax Margin %?

Flex LNG OSTO:FLNGO 72 Pretax Margin % is 24.28% as of Mar. 2026, which is 13% above its 10-year median of 21.54. 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 79.74% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Flex LNG's Pre-Tax Income for the three months ended in Mar. 2026 was kr189 Mil. Flex LNG's Revenue for the three months ended in Mar. 2026 was kr777 Mil. Therefore, Flex LNG's pretax margin for the quarter that ended in Mar. 2026 was 24.28%.

The historical rank and industry rank for Flex LNG's Pretax Margin % or its related term are showing as below:

OSTO:FLNGo' s Pretax Margin % Range Over the Past 10 Years
Min: -38.02   Med: 21.54   Max: 54.08
Current: 22.28


OSTO:FLNGo's Pretax Margin % is ranked better than
79.74% of 918 companies
in the Oil & Gas industry
Industry Median: 5.26 vs OSTO:FLNGo: 22.28

Flex LNG  (OSTO:FLNGo) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Flex LNG Pretax Margin % Related Terms


Flex LNG Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Flex LNG's Pretax 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.

Flex LNG Pretax Margin % Chart

Flex LNG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.26 54.08 32.37 33.06 21.54

Flex LNG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.21 20.63 19.65 24.64 24.28

OSTO:FLNGO vs GLP, LPG, GEL: Pretax Margin % Comparison

For the Oil & Gas Midstream subindustry, Flex LNG's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Flex LNG's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Flex LNG's Pretax Margin % falls into.


OSTO:FLNGO
72GF Score
Flex LNG Ltd OSTO:FLNGO
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flex LNG Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Flex LNG's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=756.976/3513.532
=21.54 %

Flex LNG's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=188.671/777.102
=24.28 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 24.28% mean?
Flex LNG (OSTO:FLNGO) has a Pretax Margin % of 24.28% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Flex LNG and its competitors. This is 13% above median its historical median of 21.54. According to the industry distribution chart, Flex LNG ranks #186 out of 918 companies in the Oil & Gas industry, placing it in the top 20.3%.
Is Flex LNG's Pretax Margin % too high?
Flex LNG's current Pretax Margin % of 24.28% is 13% above median its 10-year median of 21.54. The Oil & Gas industry median Pretax Margin % is 5.26. Flex LNG's value of 24.28% is 361.6% above this industry median. Based on the distribution chart, Flex LNG ranks #186 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 Pretax Margin % compare to GLP and LPG?
According to the Oil & Gas industry distribution chart, Flex LNG ranks #186 out of 918 companies for Pretax Margin %. This places Flex LNG in the top 20% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.26. Flex LNG's value of 24.28% is 361.6% above this benchmark. While the company's 10-year median is 21.54 vs. the industry median of 5.26, 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 Pretax Margin % for an Oil & Gas company?
The median Pretax Margin % among Oil & Gas companies is 5.26, based on 918 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flex LNG's current Pretax Margin % of 24.28% is 361.6% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Flex LNG and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flex LNG's current Pretax Margin % is 24.28%, which is 13% above median its own 10-year median of 21.54. 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 Pretax Margin % of 24.28%. 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 Pretax Margin % is 24.28%, which is 13% above median its 10-year median of 21.54 and 361.6% above the Oil & Gas industry median of 5.26. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Flex LNG (OSTO:FLNGO), the current Pretax Margin % is 24.28% 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:

  • Pretax Margin %: 24.28% (13% above median its 10-year median of 21.54)
  • GF Value™: kr199.30 vs. price of kr244.50 (22.7% above fair value)
  • GF Score™: 72/100 with 9 warning signs
  • Industry Position: 361.6% above the Oil & Gas median (#186 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 Business Description

Industry EnergyOil & Gas
Other Exchanges FLNG:USA0QQA:Germany
Address 14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM08
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

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr244.50
Price
kr199.30
GF Value