Frontline PLC (FRO) vs South Bow Corporation (SOBO)
Frontline PLC and South Bow Corporation are both Oil & Gas Midstream companies. Frontline PLC is the larger, with a market value of $10.5B against $7.2B — 1.5× the size. Frontline PLC trades at the lower P/E: 7.1× against 15.4×. Frontline PLC grew revenue faster over the last twelve months: 63.5% against −2.10%. Frontline PLC has the higher net margin (49.4% vs 23.0%) and the higher return on invested capital (19.4% vs 6.54%). Across the 20 metrics below, Frontline PLC leads on 18 and South Bow Corporation on 2.
Valuation
Profitability
| Metric | FRO | SOBO | Oil & Gas Midstream median |
|---|---|---|---|
| Gross margin | 66.67% | 49.48% | 58.81% |
| Operating margin | 54.14% | 42.78% | 32.14% |
| Net margin | 49.37% | 22.99% | 21.16% |
| Free cash flow margin | 56.19% | 34.13% | 10.15% |
| Return on equity | 53.85% | 17.35% | 11.30% |
| Return on assets | 24.94% | 4.02% | 5.00% |
| Return on invested capital | 19.35% | 6.54% | 6.13% |
Growth
Health
Dividend
Size
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