Frontline Plc
Research Frontline Plc (FRO) on Bullrun: valuation model: 41.4% overvalued, market cap USD 13.18B, P/E 8.9, dividend yield 10.1%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerFRO
- ExchangeNYSE
- CountryCyprus
- SectorEnergy
- IndustryOil & Gas Midstream
- CurrencyUSD
- Valuation signal41.4% overvalued
- Market capUSD 13.18B
- P/E8.9
- Dividend yield10.1%
- Financial periodQ2 2026
- RevenueUSD 943.30M
- Net incomeUSD 659.17M
- Free cash flowUSD 248.66M
- Gross margin64.5%
Valuation Snapshot
Bullrun's latest valuation model marks Frontline Plc as 41.4% overvalued; latest market cap is USD 13.18B; P/E is 8.9; dividend yield is 10.1%.
Peer valuation comparison
Latest P/E is 8.86x versus a Energy sector median of 15.73x (43.7% below).
Latest dividend yield is 10.12% versus a Energy sector median of 3.64% (178.0% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 1.97B | USD 379.08M | USD 669.93M | 32.8% | 1.7 | USD 251.35M | USD 3.07B | USD 2.51B |
| FY2024 | USD 2.05B | USD 495.58M | -USD 178.84M | 34.4% | 2.23 | USD 413.53M | USD 3.28B | USD 2.34B |
| FY2023 | USD 1.80B | USD 656.41M | -USD 775.24M | 43.1% | 2.95 | USD 308.32M | USD 3.19B | USD 2.28B |
| FY2022 | USD 1.43B | USD 475.54M | USD 49.52M | 33.9% | 2.22 | USD 254.53M | USD 2.11B | USD 2.26B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-12 | USD 13.18B | 8.9 | 10.1% | 5.99 |
| 2025 | 2025-12-31 | USD 4.86B | 12.8 | 0.9% | 0.2 |
| 2024 | 2024-12-31 | USD 3.16B | 6.4 | 11.3% | 1.61 |
| 2023 | 2023-12-29 | USD 4.46B | 8.3 | 14.3% | 2.87 |
| 2022 | 2022-12-30 | USD 2.70B | 10.2 | 1.2% | 0.15 |
| 2021 | 2021-12-31 | USD 1.44B | n/a | n/a | n/a |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 5.99 USD, yield 10.1%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.2 USD |
| FY2024 | 1.61 USD |
| FY2023 | 2.87 USD |
| FY2022 | 0.15 USD |
About Frontline Plc
Frontline plc, a shipping company, engages in the ownership and operation of oil and product tankers worldwide. The company owns and operates oil and product tankers, such as very large crude carriers (VLCCs), Suezmax tankers, and LR2/Aframax tankers. As of December 31, 2025, it operated a fleet of 80 vessels, including 41 VLCCs, 21 Suezmax tankers, and 18 LR2/Aframax tankers. The company is also involved in the charter, purchase, and sale of vessels.
ETFs that hold Frontline Plc
Frontline Plc is one of the ten largest holdings of 3 ETFs that investors in Europe can buy, most traded first:
| ETF | Weight | TER |
|---|---|---|
| L&G Europe ex-UK Quality Dividends UCITS ETF EUR Dis | 0.97% | 0.25% |
| Global X European Superdividend UCITS ETF EUR Distribution | 4.47% | 0.45% |
| iShares STOXX Europe Small 200 UCITS ETF (DE) | 0.91% | 0.20% |
Related stock research
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Frequently asked questions
Is Frontline Plc overvalued or undervalued?
Bullrun's valuation model currently marks Frontline Plc as 41.4% overvalued.
What is Frontline Plc's market cap?
Frontline Plc's market capitalization is USD 13.18B.
What is Frontline Plc's P/E ratio?
Frontline Plc's price-to-earnings (P/E) ratio is 8.9.
Does Frontline Plc pay a dividend?
Frontline Plc has a dividend yield of 10.1%.
What does Frontline Plc do?
Frontline plc, a shipping company, engages in the ownership and operation of oil and product tankers worldwide. The company owns and operates oil and product tankers, such as very large crude carriers (VLCCs), Suezmax tankers, and LR2/Aframax tankers. As of December 31, 2025, it operated a fleet of 80 vessels, including 41 VLCCs, 21 Suezmax tankers, and 18 LR2/Aframax tankers. The company is also involved in the charter, purchase, and sale of vessels. Frontline plc was founded in 1985 and is based in Limassol, Cyprus.