Flex LNG Ltd (FLNG)
26.82
+0.22
(+0.85%)
USD |
NYSE |
May 06, 16:00
26.82
0.00 (0.00%)
After-Hours: 20:00
Flex LNG Gross Profit Margin (Quarterly): 61.54% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 61.54% |
| September 30, 2023 | 61.84% |
| June 30, 2023 | 58.14% |
| March 31, 2023 | 63.67% |
| December 31, 2022 | 64.64% |
| September 30, 2022 | 60.41% |
| June 30, 2022 | 59.74% |
| March 31, 2022 | 55.06% |
| December 31, 2021 | 69.17% |
| September 30, 2021 | 58.75% |
| June 30, 2021 | 49.02% |
| March 31, 2021 | 60.89% |
| December 31, 2020 | 56.25% |
| September 30, 2020 | 38.55% |
| Date | Value |
|---|---|
| June 30, 2020 | 40.36% |
| March 31, 2020 | 54.61% |
| December 31, 2019 | 66.95% |
| September 30, 2019 | 54.88% |
| June 30, 2019 | 33.82% |
| March 31, 2019 | 25.65% |
| December 31, 2018 | 64.41% |
| September 30, 2018 | 44.00% |
| June 30, 2018 | 16.84% |
| March 31, 2018 | 5.53% |
| December 31, 2017 | 26.17% |
| September 30, 2017 | -33.08% |
| June 30, 2017 | -80.28% |
| March 31, 2017 | -94.41% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
33.82%
Minimum
Jun 2019
69.17%
Maximum
Dec 2021
56.22%
Average
58.75%
Median
Sep 2021
Gross Profit Margin (Quarterly) Benchmarks
| DHT Holdings Inc | 33.77% |
| Golar LNG Ltd | 53.43% |
| Nabors Industries Ltd | 18.94% |
| Teekay Corp | 33.82% |
| Borr Drilling Ltd | 86.04% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 13.73% |
| Return on Assets | 4.36% |
| Return on Invested Capital | 4.45% |
| Profit Margin (Quarterly) | 19.94% |
| Operating Margin (Quarterly) | 59.37% |
| Return on Net Operating Assets | 5.27% |