Frontline plc

BMV:FRO1 N Stock Report

Market Cap: Mex$103.7b

Frontline Past Earnings Performance

Past criteria checks 1/6

Frontline has been growing earnings at an average annual rate of 34.6%, while the Oil and Gas industry saw earnings growing at 28.6% annually. Revenues have been growing at an average rate of 15.7% per year. Frontline's return on equity is 26.8%, and it has net margins of 33.9%.

Key information

34.6%

Earnings growth rate

29.3%

EPS growth rate

Oil and Gas Industry Growth27.8%
Revenue growth rate15.7%
Return on equity26.8%
Net Margin33.9%
Next Earnings Update30 Aug 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Frontline makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BMV:FRO1 N Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
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
31 Mar 1527427320
31 Dec 1424020150
30 Sep 1421114650
30 Jun 1418411150
31 Mar 141628940
31 Dec 131346910
30 Sep 131255830
30 Jun 131283330

Quality Earnings: FRO1 N has a high level of non-cash earnings.

Growing Profit Margin: FRO1 N's current net profit margins (33.9%) are lower than last year (37.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FRO1 N's earnings have grown significantly by 34.6% per year over the past 5 years.

Accelerating Growth: FRO1 N's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FRO1 N had negative earnings growth (-1.3%) over the past year, making it difficult to compare to the Oil and Gas industry average (-22.1%).

Return on Equity

High ROE: Whilst FRO1 N's Return on Equity (26.83%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/06/23 08:05
End of Day Share Price 2024/03/26 00:00
Earnings2024/03/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Frontline plc is covered by 26 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anders HolteABG Sundal Collier
Glenn LoddenABN AMRO Bank N.V.
Erik StavsethArctic Securities ASA