Financials in USD. Standardized financial statements.
A compact view of how Frontline Ltd. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.97B | $2.05B | $1.80B | $1.43B | $749.38M | $1.22B | $957.32M | $742.27M | $646.33M | $754.31M |
| Revenue Growth? | -4.2% | +13.8% | +26.0% | +90.9% | -38.6% | +27.6% | +29.0% | +14.8% | -14.3% | 0.0% |
| Cost of Revenue? | $1.32B | $1.34B | $1.03B | $945.88M | $722.15M | $684.49M | $678.81M | $652.21M | $556.51M | $490.05M |
| Gross Profit? | $644.05M | $705.68M | $776.11M | $484.33M | $27.23M | $536.70M | $278.51M | $90.06M | $89.81M | $264.26M |
| Gross Margin? | +32.8% | +34.4% | +43.1% | +33.9% | +3.6% | +43.9% | +29.1% | +12.1% | +13.9% | +35.0% |
| Operating Expenses? | $51.37M | -$76.03M | $29.45M | $38.71M | $18.76M | $28.90M | $38.99M | $7.35M | $286.08M | $86.78M |
| Operating Income? | $592.68M | $781.71M | $746.67M | $445.62M | $8.47M | $507.80M | $239.52M | $82.71M | -$196.27M | $177.48M |
| EBITDA? | $921.14M | $1.14B | $1.07B | $739.83M | $211.34M | $629.55M | $357.25M | $210.23M | -$50.56M | $317.62M |
| Income Before Tax | $385.10M | $503.25M | $656.62M | $475.95M | -$10.33M | $412.99M | $140.29M | -$8.08M | -$264.03M | $117.86M |
| Income Tax Expense | $6.02M | $7.67M | $205,000 | $412,000 | $4.63M | -$14,000 | $307,000 | $316,000 | $290,000 | $345,000 |
| Net Income? | $379.08M | $495.58M | $656.41M | $475.54M | -$14.96M | $412.88M | $139.97M | -$8.88M | -$264.86M | $117.01M |
| EPS? | $1.70 | $2.23 | $2.95 | $2.22 | $-0.06 | $2.11 | $0.81 | $-0.05 | $-1.56 | $0.75 |
| Diluted EPS? | $1.70 | $2.23 | $2.95 | $2.22 | $-0.06 | $2.09 | $0.78 | $-0.05 | $-1.56 | $0.75 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality