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    Frontline Ltd (FRO)

    Official site

    ENERGY • OIL & GAS MIDSTREAM • NYSE

    $56.27
    -2.77 (-4.69%)

    Market Cap: $12.53B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    46%(18/39)
    Avg Surprise
    -23.40%

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$2.23
    Range$2.21 - $2.26
    4 analysts
    EPS Revisions
    2
    0
    7d
    3
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$1.28+73.8%
    60d ago$1.39+60.3%
    30d ago$1.38+61.1%
    7d ago$2.23-0.3%
    Current$2.23
    Revenue Consensus
    $701M
    Range$658M - $780M
    5 analysts
    Period ending Dec 31, 2026
    EPS Consensus$1.95
    Range$1.35 - $2.57
    4 analysts
    Revenue Consensus
    $697M
    Range$431M - $946M
    7 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$1.95---
    Sep 26EST
    		-$2.23---
    Jun 26
    Reported Aug 28
    		$0.36N/A-86.21%Miss+0.0%
    Mar 26
    Reported May 22
    		$1.55$1.58-1.90%Miss+761.1%
    Dec 25
    Reported Feb 27
    		$1.03$1.13-8.85%Miss+415.0%
    Sep 25
    Reported Nov 21
    		$0.19$0.24-20.83%Miss-44.1%
    Jun 25
    Reported Aug 29
    		$0.36$0.55-34.55%Miss-41.9%
    Mar 25
    Reported May 23
    		$0.18$0.22-18.18%Miss-71.0%
    Dec 24
    Reported Feb 28
    		$0.20$0.20+0.00%Beat-56.5%
    Sep 24
    Reported Nov 27
    		$0.34$0.38-10.53%Miss-5.6%
    Jun 24
    Reported Aug 30
    		$0.62$0.67-7.46%Miss-34.0%
    Mar 24
    Reported May 30
    		$0.62$0.67-7.46%Miss-28.7%
    Dec 23
    Reported Feb 29
    		$0.46$0.45+2.22%Beat-52.6%
    Sep 23
    Reported Nov 30
    		$0.36$0.49-26.53%Miss-2.7%
    Jun 23
    Reported Aug 24
    		$0.94$0.82+14.63%Beat+347.6%
    Mar 23
    Reported May 31
    		$0.87$0.82+6.10%Beat+8800.0%
    Dec 22
    Reported Feb 28
    		$0.97$1.03-5.83%Miss+4950.0%
    Sep 22
    Reported Nov 30
    		$0.37$0.35+5.71%Beat+305.6%
    Jun 22
    Reported Aug 25
    		$0.21$0.20+5.00%Beat+400.0%
    Mar 22
    Reported May 24
    		$-0.01$-0.01+0.00%Beat-125.0%
    Dec 21
    Reported Feb 17
    		$-0.02N/A-114.29%Miss+80.0%
    Sep 21
    Reported Nov 29
    		$-0.18$-0.16-12.50%Miss-162.1%
    Jun 21
    Reported Aug 26
    		$-0.07$-0.11+36.36%Beat-106.7%
    Mar 21
    Reported May 27
    		$0.04$-0.08+150.00%Beat-95.6%
    Dec 20
    Reported Feb 19
    		$-0.10$-0.01-900.00%Miss-118.5%
    Sep 20
    Reported Nov 25
    		$0.29$0.36-19.44%Miss+583.3%
    Jun 20
    Reported Aug 27
    		$1.04$1.01+2.97%Beat+5100.0%
    Mar 20
    Reported May 20
    		$0.91$0.99-8.08%Miss+237.0%
    Dec 19
    Reported Feb 27
    		$0.54$0.68-20.59%Miss+260.0%
    Sep 19
    Reported Nov 27
    		$-0.06$0.03-300.00%Miss-20.0%
    Jun 19
    Reported Aug 27
    		$0.02$0.01+100.00%Beat+112.5%
    Mar 19
    Reported May 16
    		$0.27$0.26+3.85%Beat+437.5%
    Dec 18
    Reported Feb 28
    		$0.15$0.18-16.67%Miss+400.0%
    Sep 18
    Reported Nov 16
    		$-0.05N/A+54.55%Beat+64.3%
    Jun 18
    Reported Aug 22
    		$-0.16$-0.20+20.00%Beat-100.0%
    Mar 18
    Reported May 31
    		$-0.08N/A+52.94%Beat-150.0%
    Dec 17
    Reported Feb 28
    		$0.03N/A+142.86%Beat-86.4%
    Sep 17
    Reported Nov 22
    		$-0.14$-0.12-16.67%Miss-
    Jun 17
    Reported Aug 30
    		$-0.08$-0.06-33.33%Miss-
    Mar 17
    Reported May 30
    		$0.16$0.10+60.00%Beat-
    Dec 16
    Reported Feb 28
    		$0.22$0.11+100.00%Beat-

    Dividends

    Dividend Metrics

    Forward Yield1.35%
    Forward Annual Dividend$0.76
    Payout Ratio3.13%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec
    FRO dividend history and ex-dividend datesRun FRO in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio17.98EV/EBITDA7.75x
    Price/FCF18.18xFCF Yield5.50%
    Profitability
    Profit Margin54.80%Operating Margin65.80%
    ROE53.80%ROIC28.14%
    Financial Health
    Debt/Equity0.77xInterest Coverage8.50x
    Current Ratio1.87xQuick Ratio1.22x
    Trading Statistics
    Beta0.18Avg Volume4.50M
    52-Week High$59.7552-Week Low$17.81

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$55.07
    SMA 20$52.01
    SMA 50$45.59
    SMA 200$35.27
    EMA 10$55.16
    EMA 20$52.47
    EMA 50$47.14
    EMA 200$36.49

    MACD

    Line: 3.43Signal: 3.02Hist: 0.41

    ADX

    ADX: 41.7+DI: 30.0-DI: 14.3

    Aroon & PSAR

    Aroon Up96.0
    Aroon DownN/A
    PSAR$52.17

    Bollinger Bands

    Upper Band$59.54
    Lower Band$44.47
    %B Position2898%(Upper)
    Band Width0.78

    RSI (14-Day)

    Neutral
    67.4

    Momentum Oscillators

    Stoch %K88.1
    Stoch %D92.8
    Williams %R-27.4
    ROC (10d)14.2%
    Momentum7.00
    CCI (20d)106.9
    MFI (14d)75.0

    Volatility Measures

    ATR (14d)$2.71(4.8%)
    StdDev (20d)3.77
    Hist Vol44.3%(High)

    Volume Flow

    VWAP$56.99
    OBV137.1M
    AD Line-5.1B
    CMF (20d)-0.254

    Volume Metrics

    Avg Vol (20d)4.4M
    Vol Ratio1.6x(High)
    VWMA (20d)$52.26

    Pivot Points

    R3$61.06
    R2$60.41
    R1$59.72
    Pivot Point$59.07
    S1$58.38
    S2$57.73
    S3$57.04

    Advanced Oscillators

    TSI48.86
    Ultimate Osc55.1
    KST229.44

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$943.30M$714.24M$624.51M$432.65M$480.08M$427.87M$425.64M$490.32M$556.03M$578.40M$415.00M$377.08M
    Cost of Revenue$334.68M$318.28M$335.60M$327.33M$336.55M$321.58M$312.07M$338.59M$339.03M$355.03M$263.07M$247.44M
    Gross Profit$608.62M$395.96M$288.91M$105.32M$143.53M$106.29M$113.58M$151.73M$217.00M$223.37M$151.94M$129.65M
    Operating Expenses$12.50M$25.92M$11.17M$9.36M$11.65M$13.12M$-16,138,000$6.92M$-38,921,000$-27,896,000$13.89M$14.90M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$12.50M$25.92M$11.17M$15.33M$11.52M$13.35M$1.71M$6.96M$12.57M$14.85M$13.89M$15.30M
    Operating Income$596.12M$370.04M$277.74M$95.97M$131.88M$93.17M$129.72M$144.81M$255.92M$251.27M$138.05M$114.75M
    Interest Income$4.71M$2.68M$2.32M$4.12M$4.76M$4.48M$3.86M$5.05M$5.65M$2.23M$5.37M$3.80M
    Interest Expense$35.23M$40.22M$51.01M$59.03M$58.27M$62.80M$75.13M$82.44M$73.38M$71.38M$55.42M$38.11M
    Income Before Tax$659.73M$559.69M$229.11M$41.64M$79.06M$35.29M$66.52M$65.25M$189.12M$182.37M$118.48M$107.75M
    Income Tax Expense$554,000$570,000$1.18M$1.32M$1.52M$2.00M$-214,000$4.80M$1.54M$1.55M$226,000$4,000
    Net Income$659.17M$559.12M$227.93M$40.32M$77.54M$33.29M$66.73M$60.46M$187.57M$180.82M$118.37M$107.74M
    EBITDA$667.46M$675.91M$362.32M$183.50M$219.50M$179.35M$224.80M$231.85M$346.21M$341.75M$198.07M$204.14M
    EBIT$596.12M$599.91M$280.12M$100.67M$137.33M$98.09M$141.65M$147.69M$262.50M$253.74M$138.05M$145.86M
    * Some calculated fields are derived from available data when not provided by source

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    News

    Frontline PLC (FRO) Shares Fall 6.6% -- GF Value Says Still Overvalued

    Frontline PLC (FRO) shares dropped by 6.6% to $52.54, which is 42.3% above its GF Value™ estimate of $36.91, indicating the stock is significantly overvalued despite a lower P/E ratio compared to its historical median....

    GuruFocus•10/15/26•Bearish

    FRO – 2026 Annual General Meeting

    Frontline plc announced that its 2026 Annual General Meeting will take place on December 7, 2026. The record date for voting is set for October 28, 2026, and the notice, agenda...

    GlobeNewswire•10/15/26•Neutral

    Frontline (NYSE:FRO) Hits New 12-Month High - Should You Buy?

    Frontline (NYSE:FRO) recently reached a new 52-week high of $59.75, showing strong momentum despite mixed analyst ratings and a consensus "Hold" with a target price below its current share price. The company reported...

    MarketBeat•10/14/26•Neutral

    Frontline plc (FRO) Options Chain

    This page displays the options chain for Frontline plc (FRO), detailing call and put options with a January 19, 2029 expiration date. It includes various strike prices, last trade dates, last prices, bid/ask information...

    Yahoo! Finance Canada•10/14/26•Neutral

    Frontline Stock Climbs As BTIG Hikes Price Target To $70

    Frontline Plc (FRO) stock climbed over 5% after BTIG raised its price target from $55 to $70, reiterating a Buy rating. This upgrade is driven by strong crude and product tanker markets...

    Timothy Sykes•10/13/26•Bullish

    FRO Valuation and Fair Value

    P/E
    18.0x
    Forward P/E
    10.0x
    EV/EBITDA
    7.7x
    P/FCF
    18.2x
    PEG
    5.6x
    P/B
    4.0x
    See GNG's fair value

    FRO Profitability: Margins, ROIC and FCF

    Gross margin
    51.5%
    Operating margin
    65.8%
    Net margin
    54.8%
    ROIC
    28.1%
    ROE
    53.8%
    FCF margin
    25.4%
    FCF yield
    5.5%

    FRO Competitors

    CompanyTicker
    DT Midstream IncDTM
    Antero Resources CorpAR
    Sunoco LPSUN
    PBF Energy IncPBF
    Viper Energy UtVNOM
    MRC Global IncMRC
    APA CorporationAPA
    Antero Midstream Partners LPAM

    Sector: Energy

    FRO Analyst Ratings

    Consensus
    Hold
    Analysts
    4
    Strong Buy
    0
    Buy
    2
    Hold
    2
    Sell
    0
    Strong Sell
    0

    FRO Bull Case vs Bear Case

    Bull case

    • FRO earns a 28.1% return on invested capital.
    • FRO converts 25.4% of revenue into free cash flow.
    • FRO has a 54.8% net profit margin.

    Bear case

    • FRO beat EPS estimates in 0.0% of its last 8 reported quarters.

    FRO Earnings: Beat Rate and Next Report

    Beat rate
    0 of 8 quarters (0.0%)
    Average surprise
    -22.6%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $2.23
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    3 up, 0 down

    FRO Dividend

    Forward yield
    1.4%
    Payout ratio
    3.1%
    Pay months
    Mar, Jun, Sep, Dec
    FRO dividend history

    Frequently Asked Questions About FRO

    What is FRO's current dividend yield?

    Frontline Ltd (FRO) has a forward dividend yield of 1.35%.

    Does FRO pay dividends?

    Yes, Frontline Ltd pays dividends with a forward dividend yield of 1.35%.

    What is FRO's P/E ratio?

    Frontline Ltd has a price-to-earnings (P/E) ratio of 17.98.

    What is FRO's market cap?

    Frontline Ltd (FRO) has a market capitalization of $12.53B with a current stock price of $56.27.

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