FRO
Frontline Ltd.
NYSE · Energy · Oil & Gas Midstream · BM
$46.12
+1.54%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 2.7B | 2.0B | 2.1B | 1.8B | 1.4B |
| Cost of Revenue | 1.3B | 1.3B | 1.3B | 1.0B | 945.9M |
| Gross Profit | 1.4B | 644.0M | 705.7M | 776.1M | 484.3M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 64.9M | 51.4M | 36.1M | 53.5M | 47.4M |
| General & Admin Expense | 15.3M | — | 36.1M | 53.5M | 47.4M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | (6.0M) | — | (112.1M) | (24.1M) | (8.7M) |
| Total Operating Expenses | 58.9M | 51.4M | (76.0M) | 29.4M | 38.7M |
| Cost and Expenses | 1.4B | 1.4B | 1.3B | 1.1B | 984.6M |
| Operating Income (EBIT) | 1.3B | 592.7M | 781.7M | 746.7M | 445.6M |
| Non-Operating | |||||
| Interest Income | 14.0M | 15.8M | 16.8M | 16.5M | 1.5M |
| Interest Expense | 185.5M | 233.2M | 302.3M | 178.5M | 98.7M |
| Net Interest Income | (171.5M) | (217.4M) | (285.5M) | (162.0M) | (97.2M) |
| Other Non-Op Income/Expense | 150.3M | (207.6M) | (278.5M) | (90.0M) | 30.3M |
| Non-Operating Income (excl Interest) | (237.0M) | (25.7M) | (23.9M) | (88.5M) | (129.0M) |
| EBT (Pre-Tax Income) | 1.5B | 385.1M | 503.3M | 656.6M | 475.9M |
| Income Tax Expense | 3.6M | 6.0M | 7.7M | 205.0K | 412.0K |
| Bottom Line | |||||
| Net Income | 1.5B | 379.1M | 495.6M | 656.4M | 475.5M |
| Earnings from Cont. Ops | 1.5B | 379.1M | 495.6M | 656.4M | 475.5M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 1.5B | 379.1M | 495.6M | 656.4M | 475.5M |
| Per Share | |||||
| Basic EPS | $6.67 | $1.70 | $2.23 | $2.95 | $2.22 |
| Diluted EPS | $6.67 | $1.70 | $2.23 | $2.95 | $2.22 |
| Revenue Per Share | $12.19 | $8.83 | $9.21 | $8.10 | $6.68 |
| Shares | |||||
| Basic Shares Outstanding | 222.6M | 222.6M | 222.6M | 222.6M | 214.0M |
| Diluted Shares Outstanding | 222.6M | 222.6M | 222.6M | 222.6M | 214.0M |
| Profitability Metrics | |||||
| EBITDA | 1.9B | 946.8M | 1.1B | 1.1B | 739.8M |
| D&A | 313.7M | 328.5M | 339.0M | 230.9M | 165.2M |
| EBIT | 1.6B | 618.3M | 805.6M | 835.1M | 574.7M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026