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FLNG vs. DMLP
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

FLNG vs. DMLP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FLEX LNG Ltd (FLNG) and Dorchester Minerals, L.P. (DMLP). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FLNG achieves a 30.13% return, which is significantly higher than DMLP's 27.17% return.


FLNG

1D
2.22%
1M
-1.50%
6M
20.70%
YTD
30.13%
1Y
52.36%
3Y*
12.15%
5Y*
31.10%
10Y*

DMLP

1D
1.16%
1M
1.54%
6M
21.77%
YTD
27.17%
1Y
8.30%
3Y*
4.66%
5Y*
22.96%
10Y*
17.86%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FLNG vs. DMLP - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
FLNG
FLEX LNG Ltd
30.13%22.47%-11.61%-1.19%56.32%202.13%-17.14%0.15%
DMLP
Dorchester Minerals, L.P.
27.17%-25.92%16.59%18.99%71.68%98.93%-37.39%11.91%

Correlation

The correlation between FLNG and DMLP is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.16

Correlation (3Y)
Calculated over the trailing 3-year period

0.22

Correlation (5Y)
Calculated over the trailing 5-year period

0.29

Correlation (All Time)
Calculated using the full available price history since Jun 17, 2019

0.27

The correlation between FLNG and DMLP shifts across timeframes, from 0.16 (1 year) to 0.29 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap

FLNG:

$1.67B

DMLP:

$1.31B

EPS

FLNG:

$1.40

DMLP:

$1.44

PE Ratio

FLNG:

22.05

DMLP:

18.85

PS Ratio

FLNG:

4.91

DMLP:

7.70

PB Ratio

FLNG:

2.39

DMLP:

4.41

Total Revenue (TTM)

FLNG:

$339.66M

DMLP:

$168.54M

Gross Profit (TTM)

FLNG:

$170.74M

DMLP:

$65.71M

EBITDA (TTM)

FLNG:

$238.18M

DMLP:

$110.16M

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Return for Risk

FLNG vs. DMLP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLNG
FLNG Risk / Return Rank: 9090
Overall Rank
FLNG Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
FLNG Sortino Ratio Rank: 8888
Sortino Ratio Rank
FLNG Omega Ratio Rank: 8787
Omega Ratio Rank
FLNG Calmar Ratio Rank: 9191
Calmar Ratio Rank
FLNG Martin Ratio Rank: 9393
Martin Ratio Rank

DMLP
DMLP Risk / Return Rank: 5454
Overall Rank
DMLP Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
DMLP Sortino Ratio Rank: 5151
Sortino Ratio Rank
DMLP Omega Ratio Rank: 5050
Omega Ratio Rank
DMLP Calmar Ratio Rank: 5656
Calmar Ratio Rank
DMLP Martin Ratio Rank: 5757
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLNG vs. DMLP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FLEX LNG Ltd (FLNG) and Dorchester Minerals, L.P. (DMLP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


FLNGDMLPDifference
Sharpe ratioReturn per unit of total volatility

+1.61

Sortino ratioReturn per unit of downside risk

+1.95

Omega ratioGain probability vs. loss probability

1.33

1.08

+0.26

Calmar ratioReturn relative to maximum drawdown

3.88

0.42

+3.47

Martin ratioReturn relative to average drawdown

11.94

0.94

+11.00

FLNG vs. DMLP - Sharpe Ratio Comparison

The current FLNG Sharpe Ratio is 1.96, which is higher than the DMLP Sharpe Ratio of 0.36. The chart below compares the historical Sharpe Ratios of FLNG and DMLP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

FLNG vs. DMLP - Drawdown Comparison

The maximum FLNG drawdown since its inception was -71.92%, roughly equal to the maximum DMLP drawdown of -72.35%. Use the drawdown chart below to compare losses from any high point for FLNG and DMLP.


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Drawdown Indicators


FLNGDMLPDifference

Max Drawdown

Largest peak-to-trough decline

-71.92%

-72.35%

+0.43%

Max Drawdown (1Y)

Largest decline over 1 year

-13.55%

-20.01%

+6.46%

Max Drawdown (3Y)

Largest decline over 3 years

-25.37%

-32.31%

+6.94%

Max Drawdown (5Y)

Largest decline over 5 years

-31.05%

-32.31%

+1.26%

Max Drawdown (10Y)

Largest decline over 10 years

-56.80%

Current Drawdown

Current decline from peak

-5.08%

-9.46%

+4.38%

Average Drawdown

Average peak-to-trough decline

-18.65%

-19.85%

+1.20%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.40%

8.84%

-4.44%

Volatility

FLNG vs. DMLP - Volatility Comparison

FLEX LNG Ltd (FLNG) has a higher volatility of 11.49% compared to Dorchester Minerals, L.P. (DMLP) at 7.10%. This indicates that FLNG's price experiences larger fluctuations and is considered to be riskier than DMLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FLNGDMLPDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.49%

7.10%

+4.39%

Volatility (6M)

Calculated over the trailing 6-month period

20.87%

16.99%

+3.88%

Volatility (1Y)

Calculated over the trailing 1-year period

26.86%

23.32%

+3.54%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

39.28%

29.51%

+9.77%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

47.21%

31.56%

+15.65%

Dividends

FLNG vs. DMLP - Dividend Comparison

FLNG's dividend yield for the trailing twelve months is around 9.74%, more than DMLP's 9.37% yield.


PositionTTM20252024202320222021202020192018201720162015
DMLP
Dorchester Minerals, L.P.
9.37%12.41%10.46%10.67%11.68%7.75%12.75%10.32%11.87%7.60%4.88%11.67%
FLNG
FLEX LNG Ltd
9.74%12.02%13.08%11.61%10.71%7.88%2.29%0.92%0.00%0.00%0.00%0.00%

Financials

FLNG vs. DMLP - Financials Comparison

This section allows you to compare key financial metrics between FLEX LNG Ltd and Dorchester Minerals, L.P.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


20.00M40.00M60.00M80.00M100.00M120.00MJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober2026
80.46M
58.88M
(FLNG) Total Revenue
(DMLP) Total Revenue
Values in USD except per share items

FLNG vs. DMLP - Profitability Comparison

The chart below illustrates the profitability comparison between FLEX LNG Ltd and Dorchester Minerals, L.P. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%20.0%40.0%60.0%80.0%100.0%JulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober2026
45.7%
0
Portfolio components
FLNG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, FLEX LNG Ltd reported a gross profit of 36.75M and revenue of 80.46M. Therefore, the gross margin over that period was 45.7%.

DMLP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Dorchester Minerals, L.P. reported a gross profit of 0.00 and revenue of 58.88M. Therefore, the gross margin over that period was 0.0%.

FLNG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, FLEX LNG Ltd reported an operating income of 34.20M and revenue of 80.46M, resulting in an operating margin of 42.5%.

DMLP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Dorchester Minerals, L.P. reported an operating income of 0.00 and revenue of 58.88M, resulting in an operating margin of 0.0%.

FLNG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, FLEX LNG Ltd reported a net income of 19.51M and revenue of 80.46M, resulting in a net margin of 24.3%.

DMLP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Dorchester Minerals, L.P. reported a net income of 29.14M and revenue of 58.88M, resulting in a net margin of 49.5%.


Frequently Asked Questions


FLNG and DMLP have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FLNG has higher volatility (11.49%) compared to DMLP (7.10%). In terms of maximum drawdown, FLNG dropped -71.92% vs DMLP's -72.35%.

FLNG currently has the higher Sharpe Ratio (1.96 vs 0.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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