Frontline plc

NYSE:FRO 주식 리포트

시가총액: US$8.7b

Frontline 과거 순이익 실적

과거 기준 점검 2/6

Frontline은 연평균 17.8%의 비율로 수입이 증가해 온 반면, Oil and Gas 산업은 수입이 8.9% 증가했습니다. 매출은 연평균 18.2%의 비율로 증가했습니다. Frontline의 자기자본이익률은 15.1%이고 순이익률은 19.3%입니다.

핵심 정보

17.81%

순이익 성장률

16.11%

주당순이익(EPS) 성장률

Oil and Gas 산업 성장률33.67%
매출 성장률18.21%
자기자본이익률15.10%
순이익률19.29%
다음 순이익 업데이트22 May 2026

최근 과거 실적 업데이트

분석 기사 Sep 05

Frontline's (NYSE:FRO) Shareholders Have More To Worry About Than Only Soft Earnings

The subdued market reaction suggests that Frontline plc's ( NYSE:FRO ) recent earnings didn't contain any surprises...

Recent updates

Seeking Alpha May 06

Frontline: Strong Dividends Today, But Rates Must Stay High To Justify Valuation (Rating Downgrade)

Summary Frontline is downgraded to hold due to elevated valuation and near-term fleet reduction ahead of newbuild deliveries. FRO's dividend policy remains attractive, distributing all adjusted earnings, but short-term payouts may be constrained by fewer vessels despite strong rates. The company maintains a robust liquidity position, with $705 million total liquidity and no major debt maturities until 2030. Valuation at 1.3x NAV limits upside; rate sustainability and the Strait of Hormuz reopening are key binary catalysts for FRO's near-term performance. Read the full article on Seeking Alpha
내러티브 업데이트 May 03

FRO: Higher Earnings Quality Will Be Supported By Margins And Dividend Strength

Analysts now see Frontline's fair value at $45.00, down $1.00 from $46.00. The change reflects updated views on revenue trends, profit margins, and P/E assumptions after recent mixed Street research that included both price target hikes and a downgrade to In Line.
내러티브 업데이트 Apr 18

FRO: Higher Earnings Quality Will Be Driven By Margins And Winter Strength

Analysts raised their price target on Frontline by $5, citing updated assumptions around revenue trends, profit margins, and future P/E expectations that support the new valuation. Analyst Commentary Bullish analysts see the higher price target for Frontline as a signal that the market may not fully reflect current assumptions around revenue, margins, and P/E.
내러티브 업데이트 Apr 04

FRO: Winter Strength And Fleet Renewal Will Support Future Earnings Quality

Analysts have raised their fair value estimate for Frontline from $31.00 to $46.00, referencing updated assumptions around discount rates, revenue trends, profit margins, and future P/E that they see reflected in recent price target increases and rating changes on the stock. Analyst Commentary Recent Street research points to a more constructive view on Frontline, with bullish analysts adjusting both ratings and targets in a way that lines up with the higher fair value estimate.
내러티브 업데이트 Mar 20

FRO: Fleet Renewal Will Support Higher Future Earnings Multiples

Analysts have raised their average price target for Frontline by $5 to $28.33, citing recent upgrades and a modest adjustment to valuation inputs, including a slightly higher discount rate and updated forward P/E assumptions. Analyst Commentary Bullish Takeaways Bullish analysts see the higher average price target of $28.33 as consistent with their updated forward P/E assumptions, suggesting the current valuation still leaves room for upside if execution aligns with forecasts.
내러티브 업데이트 Mar 06

FRO: Fleet Renewal And Time Charters Will Support Higher Future Earnings Multiples

Analysts have lifted their Frontline price target by $9.25 to $41.25, citing updated expectations around fair value, discount rates, revenue growth, profit margins, and future P/E assumptions as reflected in recent rating and target changes. Analyst Commentary Recent research takes a more constructive view on Frontline, with price targets clustered around the mid to high $20s and some analysts now willing to ascribe higher fair value based on updated assumptions for earnings power and risk.
내러티브 업데이트 Feb 20

FRO: Fleet Renewal And Time Charters Will Shape Balanced Forward Risk Profile

Analysts have raised their Frontline price target by $0.50 to $32.00, citing updated assumptions that include different revenue trends, higher profit margins, and a lower expected future P/E multiple. Analyst Commentary Recent research updates on Frontline highlight a mix of optimism on earnings power and some caution around how much of that is already reflected in the share price.
내러티브 업데이트 Feb 06

FRO: Modern Fleet Expansion Will Be Positioned To Capture Higher Winter Rates

Analysts have lifted their fair value estimate for Frontline from US$29.50 to US$31.50, citing updated assumptions on discount rates, revenue trends, margins and future P/E that align with recent Street research, which highlights higher price targets and improving views on the stock. Analyst Commentary Recent Street research has turned more constructive on Frontline, with higher price targets and rating upgrades feeding into the refreshed fair value estimate.
분석 기사 Jan 29

Frontline plc (NYSE:FRO) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable

Frontline plc ( NYSE:FRO ) shareholders would be excited to see that the share price has had a great month, posting a...
내러티브 업데이트 Jan 23

FRO: Winter Tanker Strength Will Support Upside For Renewed VLCC Fleet

Analysts have adjusted their price target on Frontline to US$31 from US$30, citing recent rating upgrades and higher targets from firms that see a promising tanker market setup heading into the winter season. Analyst Commentary Recent Street research has leaned more positive on Frontline, with bullish analysts pointing to a constructive tanker backdrop into the winter season and adjusting their views accordingly.
내러티브 업데이트 Jan 09

FRO: Winter Tanker Setup And Higher Cash Returns Will Drive Upside

Narrative Update: Frontline Analyst Price Target Shift Analysts have lifted their fair value estimate for Frontline from $20.00 to $28.50, citing a revised price target of $26 and a generally more favorable tanker market setup into the winter season. Analyst Commentary Recent research commentary around Frontline highlights a more constructive view on the tanker setup into the winter season, with a higher fair value estimate and a revised price target of $26.
내러티브 업데이트 Dec 14

FRO: Winter Tanker Market Will Drive Upside For VLCC Heavy Fleet

Analysts have lifted their price target on Frontline to $30.00 from $25.00, citing a promising winter tanker market setup and expectations that the company’s modern, VLCC heavy fleet will outperform smaller tankers, supporting stronger margins and earnings. Analyst Commentary Bullish analysts are highlighting Frontline as a key beneficiary of what they view as a constructive winter tanker market, pointing to strong fundamentals and improving earnings visibility.
내러티브 업데이트 Nov 30

FRO: Modern VLCC Fleet Is Expected To Capture Higher Winter Rates

Frontline's analyst price target has increased from $27.80 to $29.50 per share. Analysts cite an encouraging tanker market outlook and expectations that its modern fleet will outperform in the coming season.
분석 기사 Nov 27

Frontline (NYSE:FRO) Has Announced That Its Dividend Will Be Reduced To $0.19

Frontline plc ( NYSE:FRO ) is reducing its dividend from last year's comparable payment to $0.19 on the 19th of...
내러티브 업데이트 Nov 15

FRO: Winter Season Will Shape Earnings Amid Modern Fleet Advantage

Analysts have increased their price target for Frontline from $27.20 to $27.80 per share, citing improved profit margin forecasts and a favorable outlook for the company's modern tanker fleet this winter. Analyst Commentary Recent Street Research highlights a generally optimistic outlook on Frontline, with analysts adjusting their models and price targets upward ahead of the winter tanker season.
내러티브 업데이트 Nov 01

FRO: Winter Tanker Market And VLCC Fleet Will Support Earnings Momentum

Analysts have raised their price target for Frontline from $26.40 to $27.20. They cite greater profit margins and a stronger tanker market outlook heading into the winter season.
내러티브 업데이트 Oct 17

US Gulf Exports And Eco Fleet Will Boost Tanker Demand

Analysts have raised Frontline's price target by $1.00 to $26.40, citing expectations for the company's modern, VLCC-heavy fleet to outperform during the upcoming winter season. Analyst Commentary Bullish Takeaways Bullish analysts are raising price targets, reflecting greater confidence in the company's valuation outlook.
내러티브 업데이트 Oct 03

US Gulf Exports And Eco Fleet Will Boost Tanker Demand

Frontline's analyst price target has been increased by $0.62 to $25.40, as analysts cite anticipated outperformance from the company's modern, large vessel fleet and improving sector dynamics. Analyst Commentary Bullish analysts have responded positively to Frontline's updated fleet and market position, leading to higher price targets and renewed investor confidence.
내러티브 업데이트 Sep 17

US Gulf Exports And Eco Fleet Will Boost Tanker Demand

The modest increase in Frontline's consensus analyst price target to $24.78 reflects slightly improved revenue growth expectations, despite projections remaining negative. What's in the News Frontline plc announced a dividend of $0.36 per share for the second quarter of 2025.
분석 기사 Sep 05

Frontline's (NYSE:FRO) Shareholders Have More To Worry About Than Only Soft Earnings

The subdued market reaction suggests that Frontline plc's ( NYSE:FRO ) recent earnings didn't contain any surprises...
분석 기사 Jul 28

Is Frontline (NYSE:FRO) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
분석 기사 May 26

Frontline (NYSE:FRO) Will Pay A Smaller Dividend Than Last Year

The board of Frontline plc ( NYSE:FRO ) has announced it will be reducing its dividend by 71% from last year's payment...
Seeking Alpha Mar 24

Frontline: Challenges, Opportunities, And Tanker Business In 2025

Summary Frontline is one of the largest oil tanker companies, and like all companies in this field, Frontline is highly susceptible to market cycles. The financial situation of the company does not look the best, which is related to the specifics of its business. Frontline will be interested in buying closer to $14 per share. Read the full article on Seeking Alpha
Seeking Alpha Jan 01

Frontline: One Of The Most Aggressive Capital Structure In The Tanker Industry

Summary With a fleet of 82 tankers and a combined capacity of 17.9 million deadweight tons, Frontline is one of the world's largest tanker operators. With an average age of 6.4 years, Frontline's portfolio is also one of the youngest in the industry, second only to the one owned by Okeanis Eco Tankers. Using spot rates at the end of November 2024, Frontline would generate approximately $314.0 million in free cash flow annually, the equivalent of a free cash flow yield of ~10%. The aggressive capital structure composed of 53% debt is the key reason behind my hold rating. Although the debt load is manageable at current rates, it could change pretty quickly. Read the full article on Seeking Alpha
Seeking Alpha Sep 17

Frontline: Tanker Market Strategy And Ongoing Disruptions (Podcast Transcript)

Summary Value Investor's Edge Live returns with the latest episode focused on the crude oil shipping sector. Frontline is the largest US-listed crude tanker owner with a roughly $5B market capitalization. CEO Lars Barstad joined us in early September to share current strategy and market insights. We reviewed the current tanker market conditions, disruptions in Red Sea, and ongoing Russian sanctions, along with weaker Chinese demand. Despite ongoing seasonal weakness, Frontline is optimistic about long-term market balances and potential for higher rates driven by low order books and supply constraints and aims to return roughly 80%. An audio recording with time stamps is included below, along with a full-length transcript. Read the full article on Seeking Alpha
Seeking Alpha Sep 10

The Tanker Titan: Frontline Well-Positioned To Get Lucky

Summary Shipping companies are in a good position due to the energy transition, despite volatility and environmental uncertainties impacting investment in transport capacity. Frontline's stock trades at ~$22, with forward earnings estimates at $2.66 for 2024 and $3.14 for 2025, reflecting a 7x forward earnings multiple. The shadow fleet's older, uninsured vessels increase short-term supply but may reverse the impact in the long term; order book growth is manageable. Frontline's liquidity and strategy to pay out excess cash flow make it a decent hold, with potential for strong returns from unexpected events. Read the full article on Seeking Alpha
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새로운 내러티브 Sep 02

Winter Demand Surge And Strategic Fleet Optimization Propel Oil Transporter's Earnings And Market Position

Seasonal upticks in oil demand and a growing compliant versus noncompliant fleet divide could raise Frontline's freight rates, enhancing revenue and margins.
Seeking Alpha Aug 09

Frontline Plc's Stock And Fleet Are On The Upswing

Summary Frontline plc stock is rated as a buy-to-strong buy opportunity after a recent drop in share price. Growth opportunities in the marine shipping industry outweigh risks, with demand for crude tankers expected to remain high in the coming years. Frontline plc has a high dividend yield of 10.9% and strong financial metrics, despite accumulating debt to finance its fleet of tankers. Read the full article on Seeking Alpha
Seeking Alpha Jun 03

Frontline's Aggressive Acquisition Strategy Pays Off Amid Global Disruptions

Summary Frontline reported strong earnings and distributions, indicating a positive outlook for the company. The company's fleet consists of VLCCs, Suezmaxes, and LR2 tankers, with a focus on fuel efficiency and scrubber-fitted vessels. The war in Ukraine and disruptions in the Suez Canal are expected to continue to impact rates. Global orderbook is relatively low and shipyard capacity constrained. Read the full article on Seeking Alpha
Seeking Alpha May 17

Although Frontline Is Up 83% In 1 Year, We Think There Is More To Come

Summary We examine earnings potential from the acquisition of 24 modern VLCCs from Euronav. The gearing ratio is expected to increase from 62% to 65% in Q1 2024. Favorable supply and demand dynamics over the next two to three years support higher earnings for VLCC. Read the full article on Seeking Alpha

매출 및 비용 세부 내역

Frontline가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.


순이익 및 매출 추이

NYSE:FRO 매출, 비용 및 순이익 (USD Millions)
날짜매출순이익일반관리비연구개발비
31 Dec 251,965379510
30 Sep 251,766218420
30 Jun 251,824238340
31 Mar 251,900348350
31 Dec 242,050496360
30 Sep 242,040547480
30 Jun 241,927595570
31 Mar 241,883638560
31 Dec 231,802656540
30 Sep 231,917777580
30 Jun 231,922826560
31 Mar 231,710646530
31 Dec 221,430476470
30 Sep 221,114252350
30 Jun 2290363280
31 Mar 22773-15270
31 Dec 21749-15260
30 Sep 21711-40340
30 Jun 2178650380
31 Mar 211,003276390
31 Dec 201,221413440
30 Sep 201,384531440
30 Jun 201,324464450
31 Mar 201,130265460
31 Dec 19957140450
30 Sep 1983657410
30 Jun 1983669390
31 Mar 1981045380
31 Dec 18741-9370
30 Sep 18702-283370
30 Jun 18655-309370
31 Mar 18637-306390
31 Dec 17645-265380
30 Sep 176422410
30 Jun 1766031410
31 Mar 1770265390
31 Dec 16752117410
30 Sep 16724157340
30 Jun 16674214270
31 Mar 16585278200
31 Dec 15452286110
30 Sep 1537629430
30 Jun 1532429120

양질의 수익: FRO는 고품질 수익을 보유하고 있습니다.

이익 마진 증가: FRO의 현재 순 이익률 (19.3%)은 지난해 (24.2%)보다 낮습니다.


잉여현금흐름 대비 순이익 분석


과거 순이익 성장 분석

수익추이: FRO의 수익은 지난 5년 동안 연평균 17.8% 증가했습니다.

성장 가속화: FRO은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.

수익 대 산업: FRO은 지난 1년 동안 수익이 감소(-23.5%)하여 Oil and Gas 업계 평균(-1.7%)과 비교하기 어렵습니다.


자기자본이익률

높은 ROE: FRO의 자본 수익률(15.1%)은 낮음으로 평가됩니다.


총자산이익률


투하자본수익률


우수한 과거 실적 기업을 찾아보세요

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/05/21 03:22
종가2026/05/21 00:00
수익2025/12/31
연간 수익2025/12/31

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분석가 소스

Frontline plc는 16명의 분석가가 다루고 있습니다. 이 중 8명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
null nullABG Sundal Collier
Gregory LewisBTIG
Marius FurulyCarnegie Investment Bank AB