ENB vs. FRO: Enbridge vs. Frontline Stock Comparison
How do Enbridge (ENB) and Frontline (FRO) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Enbridge (ENB) and Frontline (FRO) are both classified in the Oil & Gas Storage & Transportation sub-industry within the broader Oil, Gas & Consumable Fuels industry, placing them in the closest GICS peer bucket.
| Profile Item | ENB | FRO |
|---|---|---|
| Name | Enbridge Inc. | Frontline plc Ordinary Shares |
| Country/Region | Canada | Cyprus |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Storage & Transportation | Oil & Gas Storage & Transportation |
| Market Capitalization | 104.51 billion USD | 10.11 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 15, 1984 | August 6, 2001 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ENB | FRO |
|---|---|---|
| Total Return (1Y) | 3.49% | 119.28% |
| Total Return (3Y, Annualized) | 19.14% | 40.57% |
| Total Return (5Y, Annualized) | 8.72% | 52.54% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ENB | FRO |
|---|---|---|
| Volatility (1Y, Annualized) | 18.30% | 46.26% |
| Beta (5Y) | 0.59 | 0.22 |
| Max Drawdown (5Y) | -28.31% | -52.04% |
| Avg. Volume (3M) | 5.05M | 3.68M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ENB | FRO |
|---|---|---|
| Sharpe Ratio (1Y) | -0.04 | 2.49 |
| Sortino Ratio (1Y) | -0.06 | 3.74 |
Profitability
ROE (TTM)
Frontline (FRO) at 53.85% sits in the top ROE quartile, while Enbridge (ENB) at 9.22% is closer to the peer norm — stronger capital efficiency for FRO.
ENB
Energy industry group
9.22%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- ENB
- 9.22%
- Q1
- 2.03%
- Min
- -29.09%
FRO
Energy industry group
53.85%
- FRO
- 53.85%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Frontline (FRO) at 54.76% retains a top-quartile share of revenue as profit, ahead of Enbridge (ENB) at 7.34%, which keeps about the industry-typical share.
ENB
Energy industry group
7.34%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- ENB
- 7.34%
- Q1
- 0.07%
- Min
- -27.38%
FRO
Energy industry group
54.76%
- Max
- 56.92%
- FRO
- 54.76%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Frontline (FRO) at 65.83% operates in the top operating margin quartile, ahead of Enbridge (ENB) at 10.16%, which runs around its industry’s norm.
ENB
Energy industry group
10.16%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- ENB
- 10.16%
- Q1
- 6.94%
- Min
- -24.52%
FRO
Energy industry group
65.83%
- Max
- 71.31%
- FRO
- 65.83%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | ENB | FRO |
|---|---|---|
| ROE (TTM) | 9.22% | 53.85% |
| ROA (TTM) | 3.29% | 14.25% |
| Net Margin (TTM) | 7.34% | 54.76% |
| Operating Margin (TTM) | 10.16% | 65.83% |
| Gross Margin (TTM) | 32.59% | 63.03% |
Growth
Revenue Growth
Enbridge (ENB) at 21.92% sits in the top revenue growth quartile, while Frontline (FRO) at -4.16% is closer to the peer norm — faster top-line expansion for ENB.
EPS Growth
Enbridge (ENB) at 37.61% sits in the top EPS growth quartile, while Frontline (FRO) at -23.77% is closer to the peer norm — faster per-share earnings growth for ENB.
Growth Metrics
| Metric | ENB | FRO |
|---|---|---|
| Revenue Growth (YoY) | 21.92% | -4.16% |
| Revenue Growth (3Y CAGR) | 6.94% | 11.17% |
| EPS Growth (YoY) | 37.61% | -23.77% |
| EPS Growth (3Y CAGR) | 36.00% | -8.37% |
Financial Strength
Current Ratio (MRQ)
Frontline (FRO) at 1.87 keeps current ratio within its industry’s typical mid-range, while Enbridge (ENB) at 0.72 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ENB.
ENB
Energy industry group
0.72
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- ENB
- 0.72
- Min
- 0.24
FRO
Energy industry group
1.87
- Max
- 3.64
- Q3
- 2.21
- FRO
- 1.87
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Frontline (FRO) at 0.77 carries an industry-typical debt-to-equity mix, while Enbridge (ENB) at 1.63 uses more debt funding than most peers.
ENB
Energy industry group
1.63
- Max
- 1.75
- ENB
- 1.63
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
FRO
Energy industry group
0.77
- Max
- 1.75
- Q3
- 0.93
- FRO
- 0.77
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | ENB | FRO |
|---|---|---|
| Current Ratio (MRQ) | 0.72 | 1.87 |
| Debt / Equity (MRQ) | 1.63 | 0.77 |
| Net Debt / EBITDA | 6.33 | 1.28 |
Dividends
Dividend Yield (TTM)
Enbridge (ENB) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Frontline (FRO) reports a yield of 12.04%, ranking against industry peers normally.
ENB
Energy industry group
0.00%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- ENB
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
FRO
Energy industry group
12.04%
- FRO
- 12.04%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Enbridge (ENB) reports payout ratio above 100% at 147.68%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Frontline (FRO) reports 46.93%, ranking against industry peers normally.
ENB
Energy industry group
147.68%
- ENB
- 147.68%
- Max
- 133.24%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
FRO
Energy industry group
46.93%
- Max
- 133.24%
- Q3
- 53.31%
- FRO
- 46.93%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ENB | FRO |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 12.04% |
| Dividend Payout Ratio (TTM) | 147.68% | 46.93% |
Valuation
P/E Ratio (TTM)
Frontline (FRO) at 6.81 sits in the cheaper P/E ratio quartile, while Enbridge (ENB) at 22.65 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
ENB
Energy industry group
22.65
- Max
- 39.54
- ENB
- 22.65
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
FRO
Energy industry group
6.81
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- FRO
- 6.81
- Min
- 2.99
P/S Ratio (TTM)
Enbridge (ENB) at 1.25 is priced about in line with its industry on P/S ratio, while Frontline (FRO) at 3.72 sits in the pricier quartile — FRO costs more per dollar of sales.
ENB
Energy industry group
1.25
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- ENB
- 1.25
- Q1
- 0.88
- Min
- 0.00
FRO
Energy industry group
3.72
- Max
- 5.40
- FRO
- 3.72
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
Both Enbridge (ENB) at 2.59 and Frontline (FRO) at 3.20 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
ENB
Energy industry group
2.59
- Max
- 4.21
- ENB
- 2.59
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
FRO
Energy industry group
3.20
- Max
- 4.21
- FRO
- 3.20
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | ENB | FRO |
|---|---|---|
| P/E Ratio (TTM) | 22.65 | 6.81 |
| P/S Ratio (TTM) | 1.25 | 3.72 |
| P/B Ratio (MRQ) | 2.59 | 3.20 |
| Free Cash Flow Yield (TTM) | -1.01% | 2.81% |