GLNG vs. FLNG
GLNG (Golar LNG Limited) and FLNG (FLEX LNG Ltd) are both stocks. Both operate in the Oil & Gas Midstream industry within the Energy sector. Over the past 5 years, GLNG returned 35.91%/yr vs 28.91%/yr for FLNG. At a 0.38 correlation, their price movements are largely independent.
Performance
GLNG vs. FLNG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GLNG achieves a 40.33% return, which is significantly higher than FLNG's 25.52% return.
GLNG
- 1D
- 0.37%
- 1M
- -7.91%
- YTD
- 40.33%
- 6M
- 36.66%
- 1Y
- 26.88%
- 3Y*
- 38.29%
- 5Y*
- 35.91%
- 10Y*
- 14.11%
FLNG
- 1D
- -2.01%
- 1M
- -6.12%
- YTD
- 25.52%
- 6M
- 20.73%
- 1Y
- 39.28%
- 3Y*
- 10.45%
- 5Y*
- 28.91%
- 10Y*
- —
GLNG vs. FLNG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
GLNG Golar LNG Limited | 40.33% | -9.74% | 90.78% | 4.39% | 83.94% | 28.53% | -32.21% | -15.00% |
FLNG FLEX LNG Ltd | 25.52% | 22.47% | -11.61% | -1.19% | 56.32% | 202.13% | -17.14% | -1.73% |
Correlation
The correlation between GLNG and FLNG is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jun 18, 2019 | 0.38 |
Fundamentals
GLNG:
$6.41B
FLNG:
$1.61B
GLNG:
$1.31
FLNG:
$1.40
GLNG:
39.39
FLNG:
21.27
GLNG:
11.86
FLNG:
4.73
GLNG:
3.35
FLNG:
2.30
GLNG:
$468.57M
FLNG:
$339.66M
GLNG:
$245.50M
FLNG:
$170.74M
GLNG:
$256.69M
FLNG:
$238.18M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GLNG vs. FLNG — Risk / Return Rank
GLNG
FLNG
GLNG vs. FLNG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Golar LNG Limited (GLNG) and FLEX LNG Ltd (FLNG). 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.
| GLNG | FLNG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.27 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.23 | 3.57 | -2.34 |
| Martin ratioReturn relative to average drawdown | 2.70 | 9.32 | -6.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| GLNG | FLNG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.93 | 1.54 | -0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.92 | 0.74 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.26 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.56 | -0.36 |
Drawdowns
GLNG vs. FLNG - Drawdown Comparison
The maximum GLNG drawdown since its inception was -92.81%, which is greater than FLNG's maximum drawdown of -71.92%. Use the drawdown chart below to compare losses from any high point for GLNG and FLNG.
Loading charts...
Drawdown Indicators
| GLNG | FLNG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.81% | -71.92% | -20.89% |
Max Drawdown (1Y)Largest decline over 1 year | -21.95% | -11.05% | -10.90% |
Max Drawdown (3Y)Largest decline over 3 years | -29.41% | -25.37% | -4.04% |
Max Drawdown (5Y)Largest decline over 5 years | -33.35% | -31.05% | -2.30% |
Max Drawdown (10Y)Largest decline over 10 years | -86.29% | — | — |
Current DrawdownCurrent decline from peak | -10.69% | -8.44% | -2.25% |
Average DrawdownAverage peak-to-trough decline | -43.80% | -18.83% | -24.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.98% | 4.23% | +5.75% |
Volatility
GLNG vs. FLNG - Volatility Comparison
Golar LNG Limited (GLNG) has a higher volatility of 9.59% compared to FLEX LNG Ltd (FLNG) at 7.76%. This indicates that GLNG's price experiences larger fluctuations and is considered to be riskier than FLNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GLNG | FLNG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.59% | 7.76% | +1.83% |
Volatility (6M)Calculated over the trailing 6-month period | 21.54% | 18.45% | +3.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.10% | 25.58% | +3.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.30% | 39.21% | +0.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.56% | 47.39% | +6.17% |
Dividends
GLNG vs. FLNG - Dividend Comparison
GLNG's dividend yield for the trailing twelve months is around 1.93%, less than FLNG's 12.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLNG FLEX LNG Ltd | 12.62% | 12.02% | 13.08% | 11.61% | 10.71% | 7.88% | 2.29% | 0.92% | 0.00% | 0.00% | 0.00% | 0.00% |
GLNG Golar LNG Limited | 1.93% | 2.69% | 2.36% | 3.26% | 0.00% | 0.00% | 0.00% | 2.11% | 1.72% | 0.67% | 0.87% | 11.40% |
Financials
GLNG vs. FLNG - Financials Comparison
This section allows you to compare key financial metrics between Golar LNG Limited and FLEX LNG Ltd. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
GLNG vs. FLNG - Profitability Comparison
GLNG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Golar LNG Limited reported a gross profit of 82.52M and revenue of 137.55M. Therefore, the gross margin over that period was 60.0%.
FLNG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
GLNG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Golar LNG Limited reported an operating income of 67.16M and revenue of 137.55M, resulting in an operating margin of 48.8%.
FLNG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, FLEX LNG Ltd reported an operating income of 34.20M and revenue of 80.46M, resulting in an operating margin of 42.5%.
GLNG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Golar LNG Limited reported a net income of 83.58M and revenue of 137.55M, resulting in a net margin of 60.8%.
FLNG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, FLEX LNG Ltd reported a net income of 19.51M and revenue of 80.46M, resulting in a net margin of 24.3%.
Frequently Asked Questions
GLNG and FLNG have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLNG has higher volatility (9.59%) compared to FLNG (7.76%). In terms of maximum drawdown, GLNG dropped -92.81% vs FLNG's -71.92%.
FLNG currently has the higher Sharpe Ratio (1.54 vs 0.93), 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.
Find the right allocation for GLNG and FLNG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer