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FR

Frontline plc

FROEnergyNASDAQ

Oil & Gas Midstream

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Financials · Annual
Revenue
$1.97B
-4.2% YoY
Net Income
$379.1M
-23.5% YoY
EBITDA
$944.6M
-17.5% YoY
Free Cash Flow
$374.0M

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About Frontline plc

Frontline plc, a shipping company, engages in the ownership and operation of oil and product tankers worldwide. At a $7.69B market cap, Frontline plc ranks as a mid-cap company within energy. The company owns and operates oil and product tankers, such as very large crude carriers (VLCCs), Suezmax tankers, and LR2/Aframax tankers.

Key stats
Market Cap$7.69B
P/E (TTM)8.51
Fwd P/E11.53
EPS$4.06
Beta0.05
52W Change+88.9%
Dividend Yield9.06%
ROE35.0%
Analysis

The company holds $471.7M in cash, though total debt stands at $2.63B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Annual free cash flow of $374.0M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 35.0%, which is exceptionally high for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 9.2% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $1.43B (2022) to $1.97B (2025), reflecting a 37% increase over the period.

FRO's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing FRO.

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