Frontline
FRO
53.06
+0.29
+0.55%
Frontline
US · FRO
#1341 by market cap
Listed 1970
53.06
+0.29
+0.55%
Live - 5344 symbols - heartbeat 337s ago
· 2026-10-08 07:37
Pre-market
54.37
+2.47%
After-hours
53.39
+0.62%
Overnight
53.44
+0.72%
- Market cap
- 11.81B
- P/E (TTM)i
- 7.96
- P/Bi
- 3.74
- EPSi
- 1.70
- Div yieldi
- 5.90%
- 52W posi
- 96%
Reader sentiment
Are you bullish or bearish on FRO?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 3.08, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year -4.16% YoY
Margins
- Gross margin
- 32.77%
- Operating margin
- 30.17%
- Net margin
- 19.29%
Key ratios & quality
- Enterprise valuei
- 14.63B
- Altman Z-Scorei
- 3.08
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 742.27M | 957.32M | 1.22B | 749.38M | 1.43B | 1.80B | 2.05B | 1.97B |
| Gross profit | 90.06M | 278.51M | 536.70M | 27.23M | 484.33M | 776.11M | 705.68M | 644.05M |
| Selling & admin expenses | 37.29M | 45.02M | 58.81M | 26.42M | 47.37M | 53.53M | 36.09M | 51.37M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 52.65M | 233.18M | 477.68M | 1.64M | 436.83M | 724.31M | 669.63M | 592.82M |
| Pretax profit | -8.08M | 140.29M | 412.99M | -10.33M | 475.95M | 656.62M | 503.25M | 385.10M |
| Tax | 316.00K | 307.00K | -14.00K | 4.63M | 412.00K | 205.00K | 7.67M | 6.02M |
| Net profit | -8.40M | 139.99M | 413.01M | -14.96M | 475.54M | 656.41M | 495.58M | 379.08M |
| Basic EPS | 0 | 1 | 2 | 0 | 2 | 3 | 2 | 2 |
| Diluted EPS | -0.05 | 0.78 | 2.09 | -0.08 | 2.22 | 2.95 | 2.23 | 1.70 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 427.87M | 480.08M | 432.65M | 624.51M | 714.24M | 943.30M |
| Gross profit | 106.29M | 143.53M | 105.32M | 288.91M | 395.96M | 608.62M |
| Selling & admin expenses | 13.35M | 11.52M | 15.33M | 11.17M | 25.92M | 12.50M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 93.17M | 131.88M | 95.97M | 271.81M | 585.13M | 405.87M |
| Pretax profit | 35.29M | 79.07M | 41.64M | 229.11M | 559.69M | 659.73M |
| Tax | 2.00M | 1.52M | 1.32M | 1.18M | 570.00K | 554.00K |
| Net profit | 33.29M | 77.54M | 40.32M | 227.93M | 559.12M | 659.17M |
| Basic EPS | 0 | 0 | 0 | 1 | 3 | 3 |
| Diluted EPS | 0.15 | 0.35 | 0.18 | 1.02 | 2.51 | 2.96 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 308.25M | 448.49M | 378.32M | 332.75M | 881.05M | 727.93M | 826.01M | 707.25M |
| Cash & ST investments | 78.12M | 178.02M | 177.36M | 115.51M | 490.81M | 315.75M | 417.56M | 253.41M |
| Inventory | 128.20M | 138.00M | 92.56M | 119.28M | 217.75M | 245.22M | 237.22M | 261.17M |
| Total assets | 3.08B | 3.70B | 3.92B | 4.11B | 4.77B | 5.88B | 6.22B | 5.75B |
| Total current liabilities | 214.22M | 848.12M | 281.36M | 287.00M | 391.66M | 409.05M | 595.65M | 494.71M |
| Short-term debt | 132.33M | 727.34M | 179.44M | 207.39M | 278.88M | 263.10M | 461.47M | 320.52M |
| Long-term debt | 1.61B | 1.25B | 1.97B | 2.13B | 2.11B | 3.19B | 3.28B | 2.75B |
| Total liabilities | 1,913,624,000.00 | 2,187,610,000.00 | 2,306,668,000.00 | 2,464,556,000.00 | 2,508,544,000.00 | 3,605,420,000.00 | 3,880,626,000.00 | 3,242,749,000.00 |
| Total equity | 1.16B | 1.51B | 1.61B | 1.64B | 2.26B | 2.28B | 2.34B | 2.51B |
| Retained earnings | -295.12M | -155.15M | 8.02M | -13.63M | 428.51M | 446.00M | 507.47M | 679.51M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 835.56M | 887.84M | 599.91M | 707.25M | 959.14M | 912.40M |
| Cash & ST investments | 438.42M | 478.71M | 191.65M | 253.41M | 471.67M | 322.31M |
| Inventory | -- | 229.08M | -- | 261.17M | -- | 318.38M |
| Total assets | 6.14B | 6.11B | 5.71B | 5.75B | 5.67B | 5.81B |
| Total current liabilities | 457.90M | 473.48M | 438.30M | 494.71M | 471.50M | 487.99M |
| Short-term debt | 319.40M | 317.76M | 293.56M | 320.52M | 279.59M | 265.91M |
| Long-term debt | 3.35B | 3.27B | 2.95B | 2.75B | 2.35B | 2.17B |
| Total liabilities | 3,809,537,000.00 | 3,743,308,000.00 | 3,385,216,000.00 | 3,242,749,000.00 | 2,824,723,000.00 | 2,658,056,000.00 |
| Total equity | 2.33B | 2.37B | 2.33B | 2.51B | 2.84B | 3.15B |
| Retained earnings | 496.23M | 533.70M | 493.88M | 679.51M | 1.01B | 1.32B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 46.17M | 280.19M | 604.06M | 85.26M | 385.33M | 856.18M | 736.41M | 682.46M |
| Depreciation & amortization | 125.04M | 122.50M | 144.39M | 160.16M | 165.17M | 230.94M | 339.03M | 328.46M |
| Free cash flow | -170.14M | 84.22M | -120.26M | -388.50M | 49.52M | -775.24M | -178.84M | 669.93M |
| Dividends paid | -386.00K | -19.69M | -312.39M | 0 | -33.39M | -638.93M | -434.12M | -207.04M |
| Stock buybacks / issuance | 85.00K | 98.42M | 5.83M | 52.45M | -- | -- | -- | -- |
| Ending cash balance | 67.90M | 177.38M | 189.65M | 113.07M | 254.53M | 308.32M | 413.53M | 251.35M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 137.93M | 153.55M | 107.63M | 283.35M | 382.50M | 579.49M |
| Depreciation & amortization | -- | -- | -- | -- | -- | -- |
| Free cash flow | 137.46M | 151.61M | 104.40M | 276.46M | 59.45M | 248.66M |
| Dividends paid | -44.53M | -40.07M | -80.14M | -42.30M | -229.30M | -345.07M |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 436.54M | 476.72M | 189.43M | 251.35M | 470.76M | 321.42M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -0.76 | 10.47 | 26.45 | -0.68 | 24.30 | 28.93 | 21.46 | 15.63 |
| ROA %i | -0.29 | 4.13 | 10.84 | -0.28 | 10.70 | 12.33 | 8.19 | 6.33 |
| ROIC %i | 2.38 | 7.08 | 12.87 | 1.09 | 13.07 | 15.75 | 13.14 | 10.13 |
| 5-year avg ROE %i | -- | 4.09 | 4.88 | 3.11 | 11.92 | 17.86 | 20.06 | 17.89 |
| EBIT margin %i | 11.48 | 24.52 | 39.73 | 7.33 | 39.79 | 46.34 | 39.29 | 31.35 |
| FCF / sales %i | -- | 8.80 | -- | -- | 3.46 | -- | -- | 34.09 |
| Current ratioi | 1.44 | 0.53 | 1.34 | 1.16 | 2.25 | 1.78 | 1.39 | 1.43 |
| Quick ratioi | 0.77 | 0.35 | 0.93 | 0.73 | 1.68 | 1.16 | 0.96 | 0.85 |
| Debt / assetsi | 59.48 | 55.86 | 56.17 | 57.91 | 50.20 | 58.80 | 60.22 | 53.32 |
| LT debt / equityi | 145.92 | 88.64 | 125.41 | 132.17 | 93.56 | 140.31 | 140.33 | 109.39 |
| Interest coveragei | 0.91 | 2.49 | 6.72 | 0.89 | 6.11 | 4.68 | 2.66 | 2.67 |
| Revenue CAGR (3Y) %i | 17.38 | 8.27 | 23.63 | 0.32 | 14.32 | 13.85 | 39.87 | 11.17 |
| Net income CAGR (3Y) %i | -- | 6.15 | -- | -- | 50.33 | 16.71 | -- | -7.28 |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -16.22 | -- | -- | 138.29 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 14.79 | 9.93 | 9.32 | 15.63 | 35.00 | 53.84 |
| ROA %i | 5.45 | 3.79 | 3.63 | 6.33 | 15.33 | 24.94 |
| ROIC %i | 9.89 | 7.86 | 7.74 | 10.13 | 19.15 | 28.72 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 34.21 | 28.27 | 27.17 | 31.35 | 49.66 | 61.73 |
| FCF / sales %i | 36.13 | 33.70 | 31.54 | 34.09 | 26.29 | 25.38 |
| Current ratioi | 1.82 | 1.88 | 1.37 | 1.43 | 2.03 | 1.87 |
| Quick ratioi | 0.96 | 1.34 | 0.44 | 0.85 | 1.00 | 1.13 |
| Debt / assetsi | 59.80 | 58.71 | 56.73 | 53.32 | 46.44 | 41.89 |
| LT debt / equityi | 143.87 | 138.14 | 126.68 | 109.39 | 82.76 | 68.74 |
| Interest coveragei | 2.21 | 1.91 | 1.86 | 2.67 | 5.36 | 9.02 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Tankers100.00%
Region
Cyprus, Bermuda, the Marshall Islands, Liberia, Norway, the United Kingdom, China and Singapore.100.00%
Quote time 2026-10-08 07:37:58 · For reference only, not investment advice and not tailored to your situation.