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
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Frontline PLC (FRO) Gross margin
Frontline PLC's gross margin over the twelve months to 30 June 2026 was 66.7%, up 17.0 percentage points from fiscal 2025 (49.6%). Over the past ten years it has ranged from 26.1% (fiscal 2021) to 56.5% (fiscal 2023); the current reading is higher than 55% of that period. That is above the Oil & Gas Midstream industry median of 54.9% and above the Energy sector median of 42.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 49.6% | (3.85) |
| FY2024 | 53.5% | (2.97) |
| FY2023 | 56.5% | 10.74 |
| FY2022 | 45.7% | 19.64 |
| FY2021 | 26.1% | (29.23) |
| FY2020 | 55.3% | 13.91 |
| FY2019 | 41.4% | 12.75 |
| FY2018 | 28.7% | (7.18) |
| FY2017 | 35.8% | (17.90) |
| FY2016 | 53.7% | 1.11 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 74.2% | 0.22 |
| Mar 2026 | 73.9% | 14.51 |
| Dec 2025 | 59.4% | 15.16 |
| Sep 2025 | 44.3% | (2.74) |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| VNOM Viper Energy Inc. compare | 100.0% |
| HESM Hess Midstream Partners LP compare | 100.0% |
| DTM DT Midstream, Inc. compare | 100.0% |
| WES Western Midstream Partners, LP compare | 91.0% |
| AM Antero Midstream Corporation compare | 76.9% |
| FRO Frontline PLC | 66.7% |
| SOBO South Bow Corporation compare | 49.5% |
| KNTK Kinetik Holdings Inc. compare | 41.0% |
| PAA Plains All American Pipeline, L.P. compare | 5.55% |
| Oil & Gas Midstream industry median | 54.9% |
| Energy sector median | 42.1% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on FRO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement