Frontline (FRO) Stock Analysis

November 11, 2026

This is a peer-relative look at Frontline (FRO): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Energy peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Frontline (FRO)
Profile Item	FRO
Name	Frontline plc Ordinary Shares
Country/Region	Cyprus
GICS Sector	Energy
GICS Industry Group	Energy
GICS Industry	Oil, Gas & Consumable Fuels
GICS Sub-Industry	Oil & Gas Storage & Transportation
Market Capitalization	10.11 billion USD
Currency	USD
Exchange	NYSE
Listing Date	August 6, 2001
Security Type	Common Stock

Price Performance

Cumulative Growth

FRO

GSPC

Frontline (FRO) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Frontline (FRO) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Frontline (FRO) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Frontline (FRO) metric values compared with Energy industry-group medians
Metric	Current stock: FRO	Industry group median
Total Return (1Y)	119.28%	32.08%
Total Return (3Y, Annualized)	40.57%	14.39%
Total Return (5Y, Annualized)	52.54%	15.43%

Risk Profile

Drawdown History

FRO

GSPC

Frontline (FRO) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Frontline (FRO) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Frontline (FRO) metric values compared with Energy industry-group medians
Metric	Current stock: FRO	Industry group median
Volatility (1Y, Annualized)	46.26%	41.29%
Beta (5Y)	0.22	0.66
Max Drawdown (5Y)	-52.04%	-52.09%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. FRO is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Frontline (FRO) metric values compared with Energy industry-group medians
Metric	Current stock: FRO	Industry group median
Sharpe Ratio (1Y)	2.49	0.67
Sortino Ratio (1Y)	3.74	1.01

Profitability

ROE (TTM)

Frontline (FRO) posts ROE of 53.85%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.

FRO

Energy industry group

53.85%

Group distribution

FRO: 53.85%
Max: 53.85%
Q3: 24.79%
Median: 12.85%
Q1: 2.03%
Min: -29.09%

Largest peers

FRO: 53.85%
PBR: 30.27%
TTE: 17.83%
COP: 17.66%
SHEL: 17.43%
XOM: 15.53%
CVX: 13.85%

Where Frontline (FRO) stands on ROE within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Frontline (FRO) keeps 54.76% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

FRO

Energy industry group

54.76%

Group distribution

Max: 56.92%
FRO: 54.76%
Q3: 22.92%
Median: 10.10%
Q1: 0.07%
Min: -27.38%

Largest peers

FRO: 54.76%
PBR: 24.32%
COP: 16.76%
CVX: 11.92%
XOM: 10.46%
TTE: 10.46%
SHEL: 10.18%

Where Frontline (FRO) stands on net margin within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Frontline (FRO) turns 65.83% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.

FRO

Energy industry group

65.83%

Group distribution

Max: 71.31%
FRO: 65.83%
Q3: 33.75%
Median: 18.73%
Q1: 6.94%
Min: -24.52%

Largest peers

FRO: 65.83%
PBR: 44.68%
COP: 30.05%
TTE: 24.51%
SHEL: 18.76%
CVX: 17.89%
XOM: 16.98%

Where Frontline (FRO) stands on operating margin within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Frontline (FRO) metric values compared with Energy industry-group medians
Metric	Current stock: FRO	Industry group median
ROE (TTM)	53.85%	12.85%
ROA (TTM)	14.25%	5.49%
Net Margin (TTM)	54.76%	10.10%
Operating Margin (TTM)	65.83%	18.73%
Gross Margin (TTM)	63.03%	44.52%

Growth

Revenue Growth

Frontline (FRO) grew revenue -4.16%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

Frontline (FRO): Revenue Growth across different time periods, set against Energy industry-group medians.

EPS Growth

Frontline (FRO) grew earnings per share -23.77%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

Frontline (FRO): EPS Growth across different time periods, set against Energy industry-group medians.

Growth Metrics

Frontline (FRO) metric values compared with Energy industry-group medians
Metric	Current stock: FRO	Industry group median
Revenue Growth (YoY)	-4.16%	0.51%
Revenue Growth (3Y CAGR)	11.17%	0.37%
EPS Growth (YoY)	-23.77%	-11.75%
EPS Growth (3Y CAGR)	-8.37%	-12.07%

Financial Strength

Current Ratio (MRQ)

Frontline (FRO) has current ratio of 1.87, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

FRO

Energy industry group

1.87

Group distribution

Max: 3.64
Q3: 2.21
FRO: 1.87
Median: 1.41
Q1: 0.88
Min: 0.24

Largest peers

FRO: 1.87
COP: 1.52
SHEL: 1.38
CVX: 1.34
XOM: 1.19
TTE: 1.11
PBR: 0.85

Where Frontline (FRO) stands on current ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Frontline (FRO) has debt-to-equity ratio of 0.77, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

FRO

Energy industry group

0.77

Group distribution

Max: 1.75
Q3: 0.93
FRO: 0.77
Median: 0.54
Q1: 0.30
Min: 0.00

Largest peers

FRO: 0.77
PBR: 0.76
TTE: 0.46
SHEL: 0.38
COP: 0.35
CVX: 0.17
XOM: 0.13

Where Frontline (FRO) stands on debt-to-equity ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Frontline (FRO) metric values compared with Energy industry-group medians
Metric	Current stock: FRO	Industry group median
Current Ratio (MRQ)	1.87	1.41
Debt / Equity (MRQ)	0.77	0.54
Net Debt / EBITDA	1.28	1.13

Dividends

Dividend Yield (TTM)

Frontline (FRO) has dividend yield of 12.04%, above the entire industry range. That headline income is large, but yields this far above peers often come from a falling share price or an at-risk payout, so dividend safety matters more than the percentage itself.

FRO

Energy industry group

12.04%

Group distribution

FRO: 12.04%
Max: 8.57%
Q3: 3.58%
Median: 1.71%
Q1: 0.00%
Min: 0.00%

Largest peers

PBR: 19.51%
FRO: 12.04%
TTE: 4.58%
CVX: 3.31%
XOM: 2.49%
COP: 2.48%
SHEL: 1.54%

Where Frontline (FRO) stands on dividend yield within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Frontline (FRO) has payout ratio of 46.93%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

FRO

Energy industry group

46.93%

Group distribution

Max: 133.24%
Q3: 53.31%
FRO: 46.93%
Median: 25.24%
Q1: 0.00%
Min: 0.00%

Largest peers

CVX: 51.76%
FRO: 46.93%
XOM: 42.39%
TTE: 39.93%
COP: 35.41%
PBR: 28.93%
SHEL: 26.24%

Where Frontline (FRO) stands on payout ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Frontline (FRO) metric values compared with Energy industry-group medians
Metric	Current stock: FRO	Industry group median
Dividend Yield (TTM)	12.04%	1.71%
Dividend Payout Ratio (TTM)	46.93%	25.24%

Valuation

P/E Ratio (TTM)

Frontline (FRO) trades at P/E ratio of 6.81, in the cheaper earnings-multiple quartile for its industry. Investors are paying less for each dollar of TTM earnings than they usually pay for comparable businesses.

FRO

Energy industry group

6.81

Group distribution

Max: 39.54
Q3: 21.72
Median: 12.19
Q1: 7.71
FRO: 6.81
Min: 2.99

Largest peers

XOM: 17.06
CVX: 15.61
COP: 14.36
TTE: 8.76
SHEL: 8.60
FRO: 6.81
PBR: 4.68

Where Frontline (FRO) stands on P/E ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Frontline (FRO) trades at 3.72 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.

FRO

Energy industry group

3.72

Group distribution

Max: 5.40
FRO: 3.72
Q3: 2.85
Median: 1.69
Q1: 0.88
Min: 0.00

Largest peers

FRO: 3.72
COP: 2.34
CVX: 1.83
XOM: 1.74
TTE: 0.90
SHEL: 0.87
PBR: 0.22

Where Frontline (FRO) stands on P/S ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Frontline (FRO) trades at 3.20 on P/B ratio, in the higher book-value quartile. The market is paying a premium to book, so stronger ROE, cleaner assets, or a better growth profile need to justify it.

FRO

Energy industry group

3.20

Group distribution

Max: 4.21
FRO: 3.20
Q3: 2.38
Median: 1.51
Q1: 1.08
Min: 0.01

Largest peers

FRO: 3.20
XOM: 2.55
COP: 2.44
CVX: 2.13
TTE: 1.46
SHEL: 1.43
PBR: 1.25

Where Frontline (FRO) stands on P/B ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Frontline (FRO) metric values compared with Energy industry-group medians
Metric	Current stock: FRO	Industry group median
P/E Ratio (TTM)	6.81	12.19
P/S Ratio (TTM)	3.72	1.69
P/B Ratio (MRQ)	3.20	1.51
Free Cash Flow Yield (TTM)	2.81%	5.94%