Frontline Financial Statements From 2010 to 2026

FRO Stock  USD 25.31  1.06  4.02%   
Frontline's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Frontline's valuation are provided below:
Gross Profit
798.1 M
Profit Margin
0.1234
Market Capitalization
5.6 B
Enterprise Value Revenue
4.9159
Revenue
1.8 B
We have found one hundred twenty available fundamental signals for Frontline, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to verify Frontline's prevailing fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 23rd of January 2026, Market Cap is likely to drop to about 576.6 M. In addition to that, Enterprise Value is likely to drop to about 1.5 B

Frontline Total Revenue

2.48 Billion

Check Frontline financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Frontline's main balance sheet or income statement drivers, such as Depreciation And Amortization of 409.4 M, Interest Expense of 365.1 M or Selling General Administrative of 54.1 M, as well as many indicators such as Price To Sales Ratio of 2.99, Dividend Yield of 0.15 or PTB Ratio of 1.08. Frontline financial statements analysis is a perfect complement when working with Frontline Valuation or Volatility modules.
  
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Check out the analysis of Frontline Correlation against competitors.
To learn how to invest in Frontline Stock, please use our How to Invest in Frontline guide.

Frontline Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets7.5 B7.2 B3.6 B
Slightly volatile
Short and Long Term Debt Total4.5 B4.3 B2.2 B
Slightly volatile
Other Current Liabilities101.7 M147.4 M84.3 M
Slightly volatile
Total Current Liabilities719.3 M685 M347.7 M
Slightly volatile
Property Plant And Equipment Net6.3 BB2.9 B
Slightly volatile
Net DebtB3.8 BB
Slightly volatile
Accounts Payable10.6 M6.9 M8.2 M
Pretty Stable
Cash499.3 M475.6 M204.3 M
Slightly volatile
Non Current Assets Total6.5 B6.2 B3.1 B
Slightly volatile
Non Currrent Assets Other46 M25.8 M34.3 M
Slightly volatile
Cash And Short Term Investments504.2 M480.2 M222.3 M
Slightly volatile
Net Receivables183.5 M174.7 M101 M
Slightly volatile
Common Stock Shares Outstanding268.8 M256 M150.9 M
Slightly volatile
Liabilities And Stockholders Equity7.5 B7.2 B3.6 B
Slightly volatile
Non Current Liabilities TotalB3.8 B1.9 B
Slightly volatile
Inventory286.4 M272.8 M129.3 M
Slightly volatile
Other Current Assets242.4 M230.9 M73.7 M
Slightly volatile
Other Stockholder Equity1.9 B1.9 B1.2 B
Slightly volatile
Total Liabilities4.7 B4.5 B2.3 B
Slightly volatile
Property Plant And Equipment Gross7.3 BB3.2 B
Slightly volatile
Total Current Assets532.1 M949.9 M465.6 M
Slightly volatile
Short Term Debt557.2 M530.7 M252.1 M
Slightly volatile
Good Will119.1 M129.3 M147 M
Slightly volatile
Common Stock Total Equity210.8 M227.3 M213.7 M
Very volatile
Short Term Investments4.4 M4.6 M19.3 M
Pretty Stable
Intangible Assets123.9 M129.3 M147.3 M
Slightly volatile
Common Stock210.8 M256 M214 M
Pretty Stable
Current Deferred Revenue2.7 M2.8 M5.2 M
Slightly volatile
Net Tangible Assets1.5 B2.5 B1.5 B
Slightly volatile
Other Assets19.2 M20.2 M100.8 M
Slightly volatile
Long Term DebtB3.8 B1.7 B
Slightly volatile
Deferred Long Term Liabilities3.9 M5.5 M4.2 M
Slightly volatile
Long Term Investments19.2 M10.6 M36 M
Slightly volatile
Short and Long Term Debt555.8 M529.4 M331.4 M
Very volatile
Property Plant Equipment3.3 BB2.8 B
Slightly volatile
Other Liabilities1.8 M1.8 M102.5 M
Slightly volatile
Long Term Debt TotalB3.8 B1.7 B
Slightly volatile
Capital Surpluse1.4 B1.9 B1.1 B
Slightly volatile
Capital Lease Obligations1.4 M1.4 M226.9 M
Slightly volatile
Non Current Liabilities Other1.5 M1.8 M2.3 M
Slightly volatile
Cash And Equivalents499.3 M475.6 M235.3 M
Slightly volatile
Net Invested Capital4.5 BB3.8 B
Slightly volatile
Capital Stock225.6 M256 M192.7 M
Slightly volatile

Frontline Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense365.1 M347.7 M122.9 M
Slightly volatile
Selling General Administrative54.1 M41.5 M36.3 M
Slightly volatile
Total Revenue2.5 B2.4 BB
Slightly volatile
Gross Profit433.8 M811.5 M284.7 M
Slightly volatile
Other Operating Expenses1.5 B1.5 B774.6 M
Slightly volatile
Cost Of Revenue1.6 B1.5 B733.7 M
Slightly volatile
Selling And Marketing Expenses558.3 K587.6 K67.8 M
Slightly volatile
Non Recurring334.5 M318.6 M195.8 M
Slightly volatile
Interest Income14.4 M15.1 M37.3 M
Very volatile
Reconciled Depreciation409.4 M389.9 M186.7 M
Slightly volatile

Frontline Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow372.3 M354.6 M186.7 M
Slightly volatile
Dividends Paid410.2 M390.7 M150.2 M
Slightly volatile
Capital Expenditures1.1 B1.1 B524.9 M
Slightly volatile
End Period Cash Flow499.3 M475.6 M205.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.991.773.0924
Slightly volatile
Dividend Yield0.150.160.0731
Slightly volatile
Days Sales Outstanding27.5424.3438.4407
Very volatile
EV To Sales5.313.645.2748
Slightly volatile
Inventory Turnover4.574.816.5552
Slightly volatile
Days Of Inventory On Hand82.4378.5169.7048
Pretty Stable
Payables Turnover212202110
Slightly volatile
Sales General And Administrative To Revenue0.01920.02020.0401
Slightly volatile
Capex To Revenue0.380.40.5327
Very volatile
Cash Per Share2.052.162.3815
Slightly volatile
Days Payables Outstanding1.771.877.0159
Slightly volatile
Intangibles To Total Assets0.02230.01630.0427
Slightly volatile
Current Ratio1.971.591.813
Slightly volatile
Receivables Turnover19.8715.5215.016
Slightly volatile
Graham Number25.0726.3918.7843
Slightly volatile
Capex Per Share4.494.733.1905
Slightly volatile
Revenue Per Share10.0610.5911.5779
Slightly volatile
Interest Debt Per Share19.8720.9127.7788
Slightly volatile
Debt To Assets0.50.540.6212
Slightly volatile
Operating Cycle23.1224.3493.3249
Slightly volatile
Days Of Payables Outstanding1.771.877.0159
Slightly volatile
Long Term Debt To Capitalization0.470.530.5902
Slightly volatile
Total Debt To Capitalization0.530.550.6491
Slightly volatile
Quick Ratio1.731.591.4779
Slightly volatile
Net Income Per E B T0.740.891.0004
Pretty Stable
Cash Ratio0.680.80.618
Very volatile
Days Of Inventory Outstanding82.4378.5169.7048
Pretty Stable
Days Of Sales Outstanding27.5424.3438.4407
Very volatile
Fixed Asset Turnover0.470.450.3663
Very volatile
Debt Ratio0.50.540.6212
Slightly volatile
Price Sales Ratio2.991.773.0924
Slightly volatile
Asset Turnover0.360.380.2833
Pretty Stable
Gross Profit Margin0.470.40.2821
Slightly volatile

Frontline Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap576.6 M715.1 M766.3 M
Pretty Stable
Enterprise Value1.5 B2.3 B2.4 B
Pretty Stable

Frontline Fundamental Market Drivers

Forward Price Earnings8.6356
Cash And Short Term Investments417.6 M

Frontline Upcoming Events

27th of February 2024
Upcoming Quarterly Report
View
29th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Frontline Financial Statements

Frontline investors utilize fundamental indicators, such as revenue or net income, to predict how Frontline Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue2.8 M2.7 M
Total Revenue2.4 B2.5 B
Cost Of Revenue1.5 B1.6 B
Sales General And Administrative To Revenue 0.02  0.02 
Capex To Revenue 0.40  0.38 
Revenue Per Share 10.59  10.06 
Ebit Per Revenue 0.44  0.31 

Pair Trading with Frontline

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Frontline position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Frontline will appreciate offsetting losses from the drop in the long position's value.

Moving against Frontline Stock

  0.55FCAP First CapitalPairCorr
The ability to find closely correlated positions to Frontline could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Frontline when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Frontline - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Frontline to buy it.
The correlation of Frontline is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Frontline moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Frontline moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Frontline can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Frontline offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Frontline's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Frontline Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Frontline Stock:
Check out the analysis of Frontline Correlation against competitors.
To learn how to invest in Frontline Stock, please use our How to Invest in Frontline guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Frontline. If investors know Frontline will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Frontline listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Dividend Share
0.93
Earnings Share
0.98
Revenue Per Share
7.923
Quarterly Revenue Growth
(0.12)
The market value of Frontline is measured differently than its book value, which is the value of Frontline that is recorded on the company's balance sheet. Investors also form their own opinion of Frontline's value that differs from its market value or its book value, called intrinsic value, which is Frontline's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Frontline's market value can be influenced by many factors that don't directly affect Frontline's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Frontline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Frontline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Frontline's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.