Golar LNG (GLNG) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 6-K for Q2 FY2026, filed Aug 19, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GLNG SEC filings page.
Golar LNG (GLNG) reported $393.5M in revenue for fiscal year 2025, up 51.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Growth is translating into operating income, but a debt-heavy balance-sheet expansion and large distributions weaken bottom-line and equity retention.
From FY2024 to FY2025, revenue rose51.1% while operating income rose60.4% , indicating improved operating conversion at scale. Yet net income rose only29.2% as interest expense returned at$32.9M , so financing costs absorbed much of the operating improvement.
Total assets increased
FY2025 dividends were
Financial Health Signals
Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Golar LNG's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Golar LNG has an operating margin of 25.3%, meaning the company retains $25 of operating profit per $100 of revenue. This results in a moderate score of 59/100, indicating healthy but not exceptional operating efficiency. This is up from 23.9% the prior year.
Golar LNG's revenue surged 51.1% year-over-year to $393.5M, reflecting rapid business expansion. This strong growth earns a score of 78/100.
Golar LNG has elevated debt relative to equity (D/E of 1.33), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 2/100, reflecting increased financial risk.
With a current ratio of 2.55, Golar LNG holds $2.55 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 81/100.
Not available for Golar LNG, and counted as zero in the overall score.
Golar LNG generates a 3.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 26/100. This is up from 2.5% the prior year.
Golar LNG scores 1.26, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($5.3B) relative to total liabilities ($3.3B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Golar LNG passes 5 of 6 computable financial strength tests (3 of the nine could not be computed from available data). All 2 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
Golar LNG earns $3.03 in operating income for every $1 of interest expense ($99.7M vs $32.9M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q2 2026.
Cash & Balance Sheet
Golar LNG held $870.5M in cash against $2.4B in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
None of these metrics is reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
GLNG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, Diluted Shares (Avg).
GLNG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'266-K | Q4'256-K | Q3'256-K | Q2'256-K | Q4'2420-F | Q3'2410-Q | Q2'2410-Q | Q4'2320-F |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.3B+12.0% | $5.3B+21.9% | $4.7B+7.9% | $4.8B+15.8% | $4.4B+6.9% | $4.3B+7.4% | $4.1B+4.8% | $4.1B-4.6% |
| Current Assets | $1.1B-3.2% | $1.4B+91.0% | $921.2M+0.7% | $1.2B+61.7% | $739.9M-9.3% | $915.2M+3.4% | $725.1M-24.0% | $815.6M-35.2% |
| Cash & Equivalents | $870.5M+11.1% | $1.2B+103.3% | $611.2M-16.5% | $783.4M+48.5% | $566.4M-16.6% | $732.1M+0.7% | $527.6M-31.5% | $679.2M-22.7% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $3.2B+26.8% | $3.3B+63.0% | $2.4B+37.8% | $2.5B+70.6% | $2.0B+34.9% | $1.7B+25.2% | $1.5B+5.6% | $1.5B+7.4% |
| Current Liabilities | $484.9M-39.1% | $555.3M-34.0% | $699.6M+18.2% | $795.9M+36.2% | $841.5M+54.2% | $591.9M+30.1% | $584.4M+32.4% | $545.8M+31.7% |
| Non-Current Liabilities | $2.7B+57.8% | $2.7B+133.6% | $1.7B+48.1% | $1.7B+93.6% | $1.2B+23.6% | $1.1B+22.7% | $872.6M-7.0% | $935.8M-3.0% |
| Long-Term Debt | $2.4B+68.7% | $2.5B+163.9% | $1.4B+31.8% | $1.4B+75.1% | $931.0M+6.5% | $1.1B+26.6% | $820.3M-5.4% | $874.2M+3.5% |
| Total Equity | $1.9B+3.0% | $1.8B-8.5% | $1.9B-6.6% | $1.9B-9.6% | $2.0B-2.6% | $2.0B-5.8% | $2.1B-0.3% | $2.1B-17.3% |
| Retained Earnings | N/A | -$173.5M-1789.6% | N/A | N/A | $10.3M-86.7% | N/A | N/A | $77.0M-70.6% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill.
GLNG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'266-K | Q4'256-K | Q3'256-K | Q2'256-K | Q4'2420-F | Q3'2410-Q | Q2'2410-Q | Q4'2320-F |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | $149.0M+138.0% | N/A | N/A | $62.6M | N/A | N/A |
| Depreciation & Amortization | N/A | N/A | $12.2M-10.4% | N/A | N/A | $13.6M+9.3% | N/A | N/A |
| Investing Cash Flow | N/A | N/A | -$319.5M-299.8% | N/A | N/A | -$79.9M | N/A | N/A |
| Financing Cash Flow | N/A | N/A | -$59.2M-126.9% | N/A | N/A | $219.9M | N/A | N/A |
| Dividends Paid | N/A | $227.9M+6.8% | $25.6M-12.4% | N/A | $213.4M+616.9% | $29.2M+2.2% | N/A | $29.8M |
| Share Buybacks | N/A | N/A | $0 | N/A | N/A | $0 | N/A | N/A |
Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow.
GLNG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Golar LNG GLNG | FY2025 | $393.5M | $65.7M | 16.7% | $5.3B | 41/100 |
| Scorpio Tankers STNG | FY2025 | $938.2M | $344.3M | 36.7% | $4.1B | 33/100 |
| Excelerate Energy, Inc. EE | FY2025 | $1.2B | $167.0M | 13.6% | $1.3B | 52/100 |
| Cmb.Tech CMBT | FY2025 | $1.7B | $139.1M | 8.3% | $5.7B | 33/100 |
| Kinetik Holdings Inc KNTK | FY2025 | $1.8B | $525.9M | 29.8% | $4.4B | 47/100 |
| Antero Midstream Corp AM | FY2025 | $1.2B | $418.0M | 35.2% | $10.7B | 74/100 |
Where Golar LNG Ranks
Frequently Asked Questions
What is Golar LNG's annual revenue?
Golar LNG (GLNG) reported $393.5M in total revenue for fiscal year 2025. This represents a 51.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Golar LNG's revenue growing?
Golar LNG (GLNG) revenue grew by 51.1% year-over-year, from $260.4M to $393.5M in fiscal year 2025.
Is Golar LNG profitable?
Yes, Golar LNG (GLNG) reported a net income of $65.7M in fiscal year 2025, with a net profit margin of 16.7%.
What is Golar LNG's EBITDA?
Golar LNG (GLNG) had EBITDA of $148.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Golar LNG have?
As of fiscal year 2025, Golar LNG (GLNG) had $1.2B in cash and equivalents against $2.5B in long-term debt.
What is Golar LNG's operating margin?
Golar LNG (GLNG) had an operating margin of 25.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Golar LNG's net profit margin?
Golar LNG (GLNG) had a net profit margin of 16.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Golar LNG's return on equity (ROE)?
Golar LNG (GLNG) has a return on equity of 3.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What are Golar LNG's total assets?
Golar LNG (GLNG) had $5.3B in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Golar LNG spend on research and development?
Golar LNG (GLNG) invested $19.2M in research and development during fiscal year 2025.
What is Golar LNG's current ratio?
Golar LNG (GLNG) had a current ratio of 2.55 as of fiscal year 2025, which is generally considered healthy.
What is Golar LNG's debt-to-equity ratio?
Golar LNG (GLNG) had a debt-to-equity ratio of 1.33 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Golar LNG's return on assets (ROA)?
Golar LNG (GLNG) had a return on assets of 1.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Golar LNG's P/E ratio?
Golar LNG (GLNG) trades at 81.0x earnings, its market capitalization divided by net income of $65.7M net income, FY2025. The market capitalization is $5.3B as of Sep 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Golar LNG's price-to-sales ratio?
Golar LNG (GLNG) trades at 13.5x sales, its market capitalization divided by revenue of $393.5M revenue, FY2025. The market capitalization is $5.3B as of Sep 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Golar LNG's Altman Z-Score?
Golar LNG (GLNG) has an Altman Z-Score of 1.26, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Golar LNG's Piotroski F-Score?
Golar LNG (GLNG) has a Piotroski F-Score of 5 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Can Golar LNG cover its interest payments?
Golar LNG (GLNG) has an interest coverage ratio of 3.03x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Golar LNG?
Golar LNG (GLNG) scores 41 out of 100 on our Financial Health Score, indicating moderate standing within its energy companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.