Frontline PLC

FRO Energy Oil & Gas Midstream

Frontline PLC’s revenue for fiscal 2025 (year ended December 2025) was $2.0 billion, down 8.85% from fiscal 2024.

Revenue
+112.3%
EPS
+745.7%
Free cash flow
+155.4%
Total debt
−32.1%

Quarter to June 2026, against a year earlier

44.85 3.63 −7.49%
Market cap
$10.0B
P/E
6.7×
Fwd P/E
5.4×
Dividend yield
12.0%
F-score
6/9
Altman Z
1.79
Beneish M
−2.68
Dividend safety
51/100

Frontline PLC (FRO) Debt to equity

Alert me on Debt to equity

Frontline PLC's debt to equity at the end of the quarter to 30 June 2026 was 0.8×, down 0.4× from fiscal 2025 (1.2×). Over the past ten years it has ranged from 0.9× (fiscal 2015) to 1.6× (fiscal 2024); the current reading is higher than 45% of that period. That is in line with the Oil & Gas Midstream industry median of 0.8× and above the Energy sector median of 0.4×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 1.2× (23.65%)
FY2024 1.6× 5.39%
FY2023 1.5× 43.56%
FY2022 1.1× (25.32%)
FY2021 1.4× 4.49%
FY2020 1.4× 15.67%
FY2019 1.2× (24.98%)
FY2018 1.6× 1.06%
FY2017 1.5× 71.98%
FY2016 0.9× 4.02%

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.8× (16.67%)
Mar 2026 0.9× (24.19%)
Dec 2025 1.2× (12.31%)
Sep 2025 1.4× (8.09%)
42 more quarters

Against its own ten years

Low 0.9× High 1.6×
Ten-year median 1.4×
Current reading's percentile 45

Debt to equity against peers

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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