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Side-by-side financial comparison of Flex LNG Ltd. (FLNG) and 3M (MMM). Click either name above to swap in a different company.

3M is the larger business by last-quarter revenue ($6.0B vs $173.2M, roughly 34.8× Flex LNG Ltd.). Flex LNG Ltd. runs the higher net margin — 22.2% vs 10.8%, a 11.3% gap on every dollar of revenue. On growth, 3M posted the faster year-over-year revenue change (1.3% vs -4.5%).

Golar LNG owns and operates marine LNG infrastructure. The company had developed Floating LNG liquefaction terminal (FLNG) and Floating Storage and Regasification Unit (FSRU) projects based on the conversion of existing LNG carriers. Front End Engineering and Design (FEED) studies have now been completed for a larger newbuild FLNG solution. Golar is also collaborating with another industry leader to investigate solutions for the floating production of blue and green ammonia as well as carbon ...

The 3M Company is an American multinational conglomerate operating in the fields of industry, worker safety, and consumer goods. Based in the Saint Paul suburb of Maplewood, the company produces over 60,000 products, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, paint protection film, electrical, electronic connecting, insulating materials, car-care products, electronic circuits, and optical films. Among its best-known consume...

FLNG vs MMM — Head-to-Head

Bigger by revenue
MMM
MMM
34.8× larger
MMM
$6.0B
$173.2M
FLNG
Growing faster (revenue YoY)
MMM
MMM
+5.8% gap
MMM
1.3%
-4.5%
FLNG
Higher net margin
FLNG
FLNG
11.3% more per $
FLNG
22.2%
10.8%
MMM

Income Statement — Q4 2025 vs Q1 2026

Metric
FLNG
FLNG
MMM
MMM
Revenue
$173.2M
$6.0B
Net Profit
$38.4M
$653.0M
Gross Margin
40.7%
Operating Margin
48.9%
23.2%
Net Margin
22.2%
10.8%
Revenue YoY
-4.5%
1.3%
Net Profit YoY
-38.7%
-41.5%
EPS (diluted)
$0.71
$1.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FLNG
FLNG
MMM
MMM
Q1 26
$6.0B
Q4 25
$173.2M
$6.1B
Q3 25
$6.5B
Q2 25
$6.3B
Q1 25
$6.0B
Q4 24
$181.4M
$6.0B
Q3 24
$6.3B
Q2 24
$6.3B
Net Profit
FLNG
FLNG
MMM
MMM
Q1 26
$653.0M
Q4 25
$38.4M
$577.0M
Q3 25
$834.0M
Q2 25
$723.0M
Q1 25
$1.1B
Q4 24
$62.6M
$728.0M
Q3 24
$1.4B
Q2 24
$1.1B
Gross Margin
FLNG
FLNG
MMM
MMM
Q1 26
40.7%
Q4 25
33.6%
Q3 25
41.8%
Q2 25
42.5%
Q1 25
41.6%
Q4 24
51.7%
Q3 24
42.1%
Q2 24
42.9%
Operating Margin
FLNG
FLNG
MMM
MMM
Q1 26
23.2%
Q4 25
48.9%
13.0%
Q3 25
22.2%
Q2 25
18.0%
Q1 25
20.9%
Q4 24
55.9%
12.2%
Q3 24
20.9%
Q2 24
20.3%
Net Margin
FLNG
FLNG
MMM
MMM
Q1 26
10.8%
Q4 25
22.2%
9.4%
Q3 25
12.8%
Q2 25
11.4%
Q1 25
18.7%
Q4 24
34.5%
12.1%
Q3 24
21.8%
Q2 24
18.3%
EPS (diluted)
FLNG
FLNG
MMM
MMM
Q1 26
$1.23
Q4 25
$0.71
$1.07
Q3 25
$1.55
Q2 25
$1.34
Q1 25
$2.04
Q4 24
$1.16
$1.33
Q3 24
$2.48
Q2 24
$2.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FLNG
FLNG
MMM
MMM
Cash + ST InvestmentsLiquidity on hand
$447.6M
$3.7B
Total DebtLower is stronger
$1.9B
$10.9B
Stockholders' EquityBook value
$719.3M
$3.3B
Total Assets
$2.6B
$35.4B
Debt / EquityLower = less leverage
2.59×
3.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLNG
FLNG
MMM
MMM
Q1 26
$3.7B
Q4 25
$447.6M
Q3 25
Q2 25
Q1 25
Q4 24
$437.2M
Q3 24
Q2 24
Total Debt
FLNG
FLNG
MMM
MMM
Q1 26
$10.9B
Q4 25
$1.9B
$12.6B
Q3 25
$12.6B
Q2 25
$13.1B
Q1 25
$13.5B
Q4 24
$1.8B
$13.0B
Q3 24
$13.2B
Q2 24
$13.1B
Stockholders' Equity
FLNG
FLNG
MMM
MMM
Q1 26
$3.3B
Q4 25
$719.3M
$4.7B
Q3 25
$4.6B
Q2 25
$4.3B
Q1 25
$4.5B
Q4 24
$806.6M
$3.8B
Q3 24
$4.6B
Q2 24
$3.9B
Total Assets
FLNG
FLNG
MMM
MMM
Q1 26
$35.4B
Q4 25
$2.6B
$37.7B
Q3 25
$37.6B
Q2 25
$38.0B
Q1 25
$40.0B
Q4 24
$2.7B
$39.9B
Q3 24
$40.9B
Q2 24
$43.4B
Debt / Equity
FLNG
FLNG
MMM
MMM
Q1 26
3.29×
Q4 25
2.59×
2.68×
Q3 25
2.72×
Q2 25
3.06×
Q1 25
3.02×
Q4 24
2.26×
3.40×
Q3 24
2.84×
Q2 24
3.34×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FLNG
FLNG
MMM
MMM
Operating Cash FlowLast quarter
$73.7M
Free Cash FlowOCF − Capex
$2.0B
FCF MarginFCF / Revenue
33.6%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.92×
TTM Free Cash FlowTrailing 4 quarters
$3.7B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLNG
FLNG
MMM
MMM
Q1 26
Q4 25
$73.7M
$1.6B
Q3 25
$1.8B
Q2 25
$-954.0M
Q1 25
$-79.0M
Q4 24
$100.4M
$1.8B
Q3 24
$-1.8B
Q2 24
$1.0B
Free Cash Flow
FLNG
FLNG
MMM
MMM
Q1 26
$2.0B
Q4 25
$1.3B
Q3 25
$1.5B
Q2 25
$-1.2B
Q1 25
$-315.0M
Q4 24
$1.5B
Q3 24
$-2.0B
Q2 24
$752.0M
FCF Margin
FLNG
FLNG
MMM
MMM
Q1 26
33.6%
Q4 25
21.8%
Q3 25
23.6%
Q2 25
-18.3%
Q1 25
-5.3%
Q4 24
25.4%
Q3 24
-32.3%
Q2 24
12.0%
Capex Intensity
FLNG
FLNG
MMM
MMM
Q1 26
Q4 25
4.0%
Q3 25
3.3%
Q2 25
3.3%
Q1 25
4.0%
Q4 24
4.8%
Q3 24
3.9%
Q2 24
4.3%
Cash Conversion
FLNG
FLNG
MMM
MMM
Q1 26
Q4 25
1.92×
2.74×
Q3 25
2.11×
Q2 25
-1.32×
Q1 25
-0.07×
Q4 24
1.60×
2.50×
Q3 24
-1.30×
Q2 24
0.89×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FLNG
FLNG

Segment breakdown not available.

MMM
MMM

Safety and Industrial business segment$2.9B49%
Transportation and Electronics business segment$1.8B31%
Consumer business segment$1.1B19%
Corporate$121.0M2%

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