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FRO · NYSE · United States · Deep Sea Foreign Transportation Of Freight
In shortFrontline plc is profitable, generates cash and carries moderate debt, with revenue shrinking (−8.8% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 30.4% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 19.2% | 97/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 15.6% | 78/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 10.6% | 70/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.43× | 52/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.22× | 43/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 4.70× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 2.57× | 10/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.14 | 27/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 34.0% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.77× | 100/100 |
| Years with positive free cash flow (last 5) | 2 of 5 | 25/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 5 | 33/100 |
| Revenue growth volatility | 48.2% | 0/100 |
| Operating margin volatility | 15.4% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 11.1% | 78/100 |
|---|---|---|
| EPS growth, 3-year average | -8.5% | 0/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 753 | 1,438 | 1,826 | 2,163 | 1,971 |
| Operating income | 12 | 446 | 747 | 782 | 599 |
| Interest expense | 61 | 45 | 171 | 295 | 233 |
| Pre-tax income | (10) | 476 | 657 | 503 | 385 |
| Income tax | 4.6 | 0.4 | 0.2 | 7.7 | 6 |
| Net income | (11) | 476 | 656 | 496 | 379 |
| Diluted EPS | −$0.06 | $2.22 | $2.95 | $2.23 | $1.70 |
| Diluted shares (millions) | 199 | 214 | 223 | 223 | 223 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
2.14 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Mar 27, 2026