Frontline Past Earnings Performance
Past criteria checks 4/6
Frontline has been growing earnings at an average annual rate of 37.6%, while the Oil and Gas industry saw earnings growing at 36.8% annually. Revenues have been growing at an average rate of 15.1% per year. Frontline's return on equity is 28.8%, and it has net margins of 36.4%.
Key information
37.6%
Earnings growth rate
32.3%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 15.1% |
| Return on equity | 28.8% |
| Net Margin | 36.4% |
| Next Earnings Update | 30 Apr 2024 |
Recent past performance updates
Recent updates
Frontline: How Geopolitical Shifts Are Steering Growth For Tanker Operations
Apr 23Here's Why Frontline (NYSE:FRO) Has Caught The Eye Of Investors
Apr 22
Frontline plc (NYSE:FRO) Shares Could Be 28% Below Their Intrinsic Value Estimate
Mar 22Frontline Benefiting From Red Sea Disruptions
Mar 08These 4 Measures Indicate That Frontline (NYSE:FRO) Is Using Debt Extensively
Mar 03Frontline: Robust Fundamentals And High Returns
Feb 28The Market Doesn't Like What It Sees From Frontline plc's (NYSE:FRO) Earnings Yet
Jan 26Frontline: Still A Buy At The High Price
Jan 13Should You Be Adding Frontline (NYSE:FRO) To Your Watchlist Today?
Jan 08Frontline: Industrial Demand Confirms The Potential Upside
Dec 06Frontline: Top 2024 Long Position
Nov 24Frontline: Aggressively Buying Cash Flow In A Tight Tanker Market
Nov 01Frontline plc (NYSE:FRO) Shares Could Be 24% Below Their Intrinsic Value Estimate
Oct 26Frontline: An Enticing Tanker Stock With Generous Dividend Yields
Oct 24Frontline (NYSE:FRO) Seems To Use Debt Quite Sensibly
Oct 10We Ran A Stock Scan For Earnings Growth And Frontline (NYSE:FRO) Passed With Ease
Sep 27Frontline: Spot Rates Have Been Volatile
Sep 27Frontline's (NYSE:FRO) Upcoming Dividend Will Be Larger Than Last Year's
Aug 28Frontline: Sailing Ahead Of The Pack
Aug 27Returns Are Gaining Momentum At Frontline (NYSE:FRO)
Aug 03Frontline Gets An Upgrade To Buy
Jul 14Calculating The Intrinsic Value Of Frontline plc (NYSE:FRO)
Jul 04Is Frontline (NYSE:FRO) Using Too Much Debt?
Jun 19Broker Revenue Forecasts For Frontline plc (NYSE:FRO) Are Surging Higher
Jun 03Frontline: China Is Helping, But Will It Last?
Jun 02Returns Are Gaining Momentum At Frontline (NYSE:FRO)
Mar 31Frontline (NYSE:FRO) Has A Somewhat Strained Balance Sheet
Feb 19Frontline: Dynamic Tanker Markets And Ongoing Merger Drama (Podcast Transcript)
Feb 08Frontline: Favorable Market Conditions Warrant Optimism
Dec 15Frontline Ltd.'s (NYSE:FRO) Intrinsic Value Is Potentially 72% Above Its Share Price
Dec 05Frontline (NYSE:FRO) Might Be Having Difficulty Using Its Capital Effectively
Nov 17Frontline Ltd.: Our Estimate For Q3 Earnings And Dividend
Nov 10These 4 Measures Indicate That Frontline (NYSE:FRO) Is Using Debt Extensively
Oct 13Frontline goes ex-dividend tomorrow
Sep 14Frontline: Up 57% YTD With More To Come
Sep 04Revenue & Expenses BreakdownBeta
How Frontline makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 1,802 | 656 | 54 | 0 |
| 30 Sep 23 | 1,917 | 777 | 58 | 0 |
| 30 Jun 23 | 1,922 | 826 | 56 | 0 |
| 31 Mar 23 | 1,710 | 646 | 53 | 0 |
| 31 Dec 22 | 1,430 | 476 | 47 | 0 |
| 30 Sep 22 | 1,114 | 252 | 35 | 0 |
| 30 Jun 22 | 903 | 63 | 28 | 0 |
| 31 Mar 22 | 773 | -15 | 27 | 0 |
| 31 Dec 21 | 749 | -15 | 26 | 0 |
| 30 Sep 21 | 711 | -40 | 34 | 0 |
| 30 Jun 21 | 786 | 50 | 38 | 0 |
| 31 Mar 21 | 1,003 | 276 | 39 | 0 |
| 31 Dec 20 | 1,221 | 413 | 44 | 0 |
| 30 Sep 20 | 1,384 | 531 | 44 | 0 |
| 30 Jun 20 | 1,324 | 464 | 45 | 0 |
| 31 Mar 20 | 1,130 | 265 | 46 | 0 |
| 31 Dec 19 | 957 | 140 | 45 | 0 |
| 30 Sep 19 | 836 | 57 | 41 | 0 |
| 30 Jun 19 | 836 | 69 | 39 | 0 |
| 31 Mar 19 | 810 | 45 | 38 | 0 |
| 31 Dec 18 | 741 | -9 | 37 | 0 |
| 30 Sep 18 | 702 | -283 | 37 | 0 |
| 30 Jun 18 | 655 | -309 | 37 | 0 |
| 31 Mar 18 | 637 | -306 | 39 | 0 |
| 31 Dec 17 | 645 | -265 | 38 | 0 |
| 30 Sep 17 | 642 | 2 | 41 | 0 |
| 30 Jun 17 | 660 | 31 | 41 | 0 |
| 31 Mar 17 | 702 | 65 | 39 | 0 |
| 31 Dec 16 | 752 | 117 | 41 | 0 |
| 30 Sep 16 | 724 | 157 | 34 | 0 |
| 30 Jun 16 | 674 | 214 | 27 | 0 |
| 31 Mar 16 | 585 | 278 | 20 | 0 |
| 31 Dec 15 | 452 | 286 | 11 | 0 |
| 30 Sep 15 | 376 | 294 | 3 | 0 |
| 30 Jun 15 | 324 | 291 | 2 | 0 |
| 31 Mar 15 | 274 | 273 | 2 | 0 |
| 31 Dec 14 | 240 | 201 | 5 | 0 |
| 30 Sep 14 | 211 | 146 | 5 | 0 |
| 30 Jun 14 | 184 | 111 | 5 | 0 |
| 31 Mar 14 | 162 | 89 | 4 | 0 |
| 31 Dec 13 | 134 | 69 | 1 | 0 |
| 30 Sep 13 | 125 | 58 | 3 | 0 |
| 30 Jun 13 | 128 | 33 | 3 | 0 |
Quality Earnings: FRO has a high level of non-cash earnings.
Growing Profit Margin: FRO's current net profit margins (36.4%) are higher than last year (33.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FRO has become profitable over the past 5 years, growing earnings by 37.6% per year.
Accelerating Growth: FRO's earnings growth over the past year (38%) exceeds its 5-year average (37.6% per year).
Earnings vs Industry: FRO earnings growth over the past year (38%) exceeded the Oil and Gas industry -19.9%.
Return on Equity
High ROE: Whilst FRO's Return on Equity (28.82%) is high, this metric is skewed due to their high level of debt.