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Friday 6 November 2026 Export FRO’s income statement to Excel — free account

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
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Frontline PLC (FRO) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Frontline PLC (FRO) trades at a P/B ratio of 3.2×. Over the past ten years it has ranged from 0.0× (June 2015) to 24.1× (July 2015); the current reading is higher than 94% of that period. That is above the Oil & Gas Midstream industry median of 1.7× and above the Energy sector median of 1.4×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.9× 43.31%
FY2024 1.3× (31.50%)
FY2023 2.0× 80.18%
FY2022 1.1× 27.68%
FY2021 0.9× 13.46%
FY2020 0.8× (48.91%)
FY2019 1.5× 83.25%
FY2018 0.8× 20.53%
FY2017 0.7× (14.18%)
FY2016 0.8× (37.17%)

Quarterly newest first

Period P/B ratio Change
Jun 2026 2.5× (10.16%)
Mar 2026 2.7× 41.30%
Dec 2025 1.9× (11.88%)
Sep 2025 2.2× 42.88%
42 more quarters

Against its own ten years

Low 0.0× High 24.1×
Ten-year median 1.1×
Current reading's percentile 98

P/B ratio against peers

Company P/B ratio
KNTK Kinetik Holdings Inc. compare n/m
VNOM Viper Energy Inc. compare 0.7×
PAA Plains All American Pipeline, L.P. compare 1.4×
DTM DT Midstream, Inc. compare 2.3×
SOBO South Bow Corporation compare 2.5×
FRO Frontline PLC 3.2×
WES Western Midstream Partners, LP compare 3.8×
AM Antero Midstream Corporation compare 4.1×
HESM Hess Midstream Partners LP compare 9.6×
Oil & Gas Midstream industry median 1.7×
Energy sector median 1.4×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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