FRO

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Frontline Plc

Cyclical demand Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $52.74
52-Week Range: $20.47 – $54.91
Market Cap: $11.97B
P/E (TTM): 8.06
EPS (TTM): 6.67
Dividend Yield: 10.20%

Advanced Metrics

Price/Book: 3.79
PEG Ratio: 5.58
Return on Equity: 53.85%
Return on Assets: 14.25%
Gross Margin: 63.03%
Operating Margin: 65.83%
Profit Margin: 54.76%
Current Ratio: 1.87
Debt/Equity: 0.77
Total Debt: $2.43B
Free Cash Flow: $283.87M
Revenue Growth: 96.50%
Earnings Growth: 750.10%
Enterprise Value: $13.85B

FRO Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$1.43B	$1.80B	$2.05B	$1.97B
Cost of Revenue	$945.88M	$1.03B	$1.34B	$1.32B
Gross Profit	$484.33M	$776.11M	$705.68M	$644.05M
Selling, General & Admin	$47.37M	$53.53M	$36.09M	$51.37M
Operating Expenses	$47.50M	$51.80M	$36.04M	$51.23M
Operating Income	$436.83M	$724.31M	$669.63M	$592.82M
EBITDA	$739.83M	$1.07B	$1.14B	$944.62M
Pretax Income	$475.95M	$656.62M	$503.25M	$385.10M
Income Tax	$412.00K	$205.00K	$7.67M	$6.02M
Net Income	$475.54M	$656.41M	$495.58M	$379.08M
Diluted EPS	2.21	2.95	2.23	1.70
Diluted Shares	214.01M	222.62M	222.62M	222.62M

FRO Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$254.53M	$308.32M	$413.53M	$251.35M
Receivables	$167.21M	$159.69M	$151.93M	$169.52M
Inventory	$217.75M	$245.22M	$237.22M	$261.17M
Current Assets	$881.05M	$727.93M	$826.01M	$707.25M
Total Assets	$4.77B	$5.88B	$6.22B	$5.75B
Current Liabilities	$391.66M	$409.05M	$595.65M	$494.71M
Long-Term Debt	$2.11B	$3.19B	$3.28B	$2.75B
Total Debt	$2.39B	$3.46B	$3.75B	$3.07B
Total Liabilities	$2.51B	$3.61B	$3.88B	$3.24B
Retained Earnings	$428.51M	$446.00M	$507.47M	$679.51M
Shareholders' Equity	$2.26B	$2.28B	$2.34B	$2.51B
Working Capital	$489.39M	$318.87M	$230.36M	$212.55M
Net Debt	$2.14B	$3.15B	$3.33B	$2.82B

FRO Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$385.33M	$856.18M	$736.41M	$682.46M
Capital Expenditure	-$335.81M	-$1.63B	-$915.25M	-$12.53M
Free Cash Flow	$49.52M	-$775.24M	-$178.84M	$669.93M
Depreciation & Amortisation	$165.17M	$230.94M	$339.03M	$328.46M
Stock-Based Compensation	$4.70M	$10.72M	-$2.19M	$5.56M
Investing Cash Flow	-$257.32M	-$1.24B	-$483.40M	$24.98M
Financing Cash Flow	$13.44M	$433.07M	-$147.80M	-$869.62M
Dividends Paid	-$33.39M	-$638.93M	-$434.12M	-$207.04M
Net Change in Cash	$141.45M	$53.80M	$105.21M	-$162.19M

FRO Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$427.87M	$480.08M	$432.65M	$624.51M	$714.24M	$943.30M
Cost of Revenue	$321.58M	$336.55M	$327.33M	$335.60M	$318.28M	$334.68M
Gross Profit	$106.29M	$143.53M	$105.32M	$288.91M	$395.96M	$608.62M
Selling, General & Admin	$13.35M	$11.52M	$15.33M	$11.17M	$25.92M	$12.50M
Operating Expenses	$13.12M	$11.65M	$9.36M	$17.10M	-$189.17M	$202.75M
Operating Income	$93.17M	$131.88M	$95.97M	$271.81M	$585.13M	$405.87M
EBITDA	$98.09M	$137.33M	$100.67M	$277.94M	$599.91M	$695.26M
Pretax Income	$35.29M	$79.06M	$41.64M	$229.11M	$559.69M	$659.73M
Income Tax	$2.00M	$1.52M	$1.32M	$1.18M	$570.00K	$554.00K
Net Income	$33.29M	$77.54M	$40.32M	$227.93M	$559.12M	$659.17M
Diluted EPS	0.15	0.35	0.18	1.02	2.51	2.96
Diluted Shares	222.62M	222.62M	222.62M	222.62M	222.62M	222.62M

FRO Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$436.54M	$476.72M	$189.43M	$251.35M	$470.76M	$321.42M
Receivables	—	$155.40M	—	$169.52M	—	$228.80M
Inventory	—	$229.08M	—	$261.17M	—	$318.38M
Current Assets	$835.56M	$887.84M	$599.91M	$707.25M	$959.14M	$912.40M
Total Assets	$6.14B	$6.11B	$5.71B	$5.75B	$5.67B	$5.81B
Current Liabilities	$457.90M	$473.48M	$438.30M	$494.71M	$471.50M	$487.99M
Long-Term Debt	$3.35B	$3.27B	$2.95B	$2.75B	$2.35B	$2.17B
Total Debt	$3.67B	$3.59B	$3.24B	$3.07B	$2.63B	$2.43B
Total Liabilities	$3.81B	$3.74B	$3.39B	$3.24B	$2.82B	$2.66B
Retained Earnings	$496.23M	$533.70M	$493.88M	$679.51M	$1.01B	$1.32B
Shareholders' Equity	$2.33B	$2.37B	$2.33B	$2.51B	$2.84B	$3.16B
Working Capital	$377.67M	$414.36M	$161.61M	$212.55M	$487.64M	$424.42M
Net Debt	$3.23B	$3.11B	$3.05B	$2.82B	$2.16B	$2.11B

FRO Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$137.93M	$153.55M	$107.63M	$283.35M	$382.50M	$579.49M
Capital Expenditure	-$466.00K	-$1.94M	-$3.24M	-$6.89M	-$323.04M	-$330.83M
Free Cash Flow	$137.46M	$151.61M	$104.40M	$276.46M	$59.45M	$248.66M
Investing Cash Flow	-$106.00K	-$1.94M	$33.91M	-$6.89M	$506.13M	-$192.24M
Financing Cash Flow	-$114.81M	-$111.43M	-$428.84M	-$214.54M	-$669.22M	-$536.59M
Dividends Paid	-$44.52M	-$40.07M	-$80.14M	-$42.30M	-$229.30M	-$345.06M
Net Change in Cash	$23.01M	$40.18M	-$287.29M	$61.92M	$219.41M	-$149.34M

Market Snapshot

About

Frontline is one of the world's largest oil tanker shipping companies, operating a fleet of Very Large Crude Carriers (VLCCs) and Suezmax tankers that transport crude oil globally. The company's business model is heavily influenced by fluctuations in oil tanker rates, oil demand, and global trade patterns. Headquartered in Hamilton, Bermuda with operations managed from Norway, Frontline serves major oil companies, refiners, and trading houses worldwide. The tanker shipping industry is cyclical, with freight rates and vessel values affected by factors including OPEC production decisions, global economic growth, and environmental regulations.