FRO Stock Annual Income Statement. Download in Excel
Frontline Plc
FRO 
NYE
Sector: Industrials
Industry: Shipping & Ports
17.63
USD
-0.50
(-2.76%)
Previous close: 18.13 Open: 18.29 Bid: 17.4 Ask: 18.21
52 week range
12.40 26.75
Mkt Cap: 3,974 M Avg Vol (90 Days): 2,985,930
Last updated: Sunday 8th June 2025
Financials
FRO Income Statement
Annual
| Dec-14 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | Dec-24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| AcquiredInProcessRnD | 623000.0 | |||||||||
| AcquiredInProcessRnDIncome | 58 M | |||||||||
| Basic EPS from continuing operations | 2.95 | 2.23 | ||||||||
| Basic EPS total | -0.05 | 0.81 | 2.11 | -0.06 | 2.22 | 2.95 | 2.23 | |||
| Basic weighted shares outstanding | 20 M | 157 M | 170 M | 170 M | 174 M | 196 M | 186 M | 214 M | 223 M | 223 M |
| CommissionExpenses | 606 M | |||||||||
| Cost of sales | 1,026 M | |||||||||
| Depreciation | -32 M | -141 M | -142 M | -123 M | -118 M | -139 M | 165 M | 231 M | 339 M | |
| Depreciation unreconciled | 165 M | 231 M | 339 M | |||||||
| DepreciationAndAmortization | -32 M | -141 M | -142 M | -123 M | -118 M | -139 M | 165 M | 231 M | 339 M | |
| Diluted EPS total | 0.75 | -1.56 | -0.05 | 0.78 | 2.09 | -0.06 | 2.22 | 2.95 | 2.23 | |
| Diluted normalized net income/share | 2.95 | 2.23 | ||||||||
| Diluted weighted shares outstanding | 156 M | 170 M | 170 M | 179 M | 129000.0 | 186 M | 424 M | 223 M | 223 M | |
| Dividends paid per share | 1.05 | 0.3 | 0.1 | 1.6 | 3.08 | 2.87 | 1.95 | |||
| Earnings from equity interest | 16 M | 200000.0 | 2 M | -4 M | -724000.0 | 14 M | -3 M | -599000.0 | ||
| EarningsFromEquityInterestNetOfTax | 16 M | 200000.0 | 2 M | -4 M | -724000.0 | 14 M | -3 M | -599000.0 | ||
| GainOnSaleOfBusiness | 7 M | |||||||||
| GainOnSaleOfPPE | -16 M | 12 M | 5 M | |||||||
| GainOnSaleOfSecurity | 8 M | -4 M | 308000.0 | 2 M | -8 M | -21 M | 25 M | -23 M | -3 M | |
| GainsLossOnDisposalOfDiscontinuedOperations | -51 M | |||||||||
| GeneralAndAdministrativeExpense | 5 M | 37 M | 38 M | 37 M | 45 M | 44 M | 28 M | 47 M | 54 M | 36 M |
| Gross operating profit | 242 M | 752 M | 645 M | 742 M | 957 M | 1,221 M | 749 M | 1,430 M | 1,802 M | 2,050 M |
| ImpairmentOfCapitalAssets | 62 M | 277 M | ||||||||
| Income before tax | 137 M | 118 M | -264 M | -750 M | 140 M | 413 M | -7 M | 476 M | 604 M | 503 M |
| Income taxes | 459000.0 | 345000.0 | 290000.0 | 316000.0 | 307000.0 | -14000.0 | 5 M | 412000.0 | 205000.0 | 8 M |
| Interest income | 118000.0 | 367000.0 | 588000.0 | 843000.0 | 2 M | 705000.0 | 119000.0 | 1 M | 55 M | 21 M |
| InterestExpenseNonOperating | 7 M | 57 M | 70 M | 93 M | 94 M | 72 M | 61 M | -92 M | 171 M | 295 M |
| InterestExpenseOperating | -77 M | -35 M | -26 M | -16 M | -11 M | -7 M | ||||
| InterestIncomeOperating | 2 M | 2 M | 1 M | |||||||
| MinorityInterests | 63 M | -504000.0 | -539000.0 | -482000.0 | -14000.0 | -131000.0 | ||||
| MiscOtherSpecialCharges | -148000.0 | 204000.0 | 1 M | 506000.0 | 403000.0 | 109000.0 | 18 M | 651 M | ||
| Net income from total operations | 149 M | 117 M | -265 M | -751 M | 140 M | 413 M | -11 M | 941 M | 604 M | 496 M |
| NetIncomeCommonStockholders | 149 M | 117 M | -265 M | -751 M | 140 M | 413 M | -11 M | 941 M | 604 M | 496 M |
| NetIncomeContinuousOperations | 149 M | 117 M | -265 M | -751 M | 140 M | 413 M | -11 M | 941 M | 604 M | 496 M |
| NetIncomeDiscontinuousOperations | -51 M | 173 M | ||||||||
| NetNonOperatingInterestIncomeExpense | -7 M | -56 M | -69 M | -92 M | -93 M | -71 M | -61 M | 1 M | -116 M | -274 M |
| NonRecurringOperationExpense | -4 M | -3 M | ||||||||
| Operating income | 121 M | 237 M | 79 M | -660 M | 240 M | 508 M | 12 M | 437 M | 747 M | 782 M |
| Operating income before depreciation (EBITDA) | -88 M | 275 M | -77 M | -548 M | 347 M | 619 M | 203 M | 549 M | ||
| OperatingExpense | -190 M | -574 M | -845 M | -670 M | -721 M | -743 M | -743 M | 993 M | 1,056 M | 1,269 M |
| Other income net | -24 M | 3 M | -2 M | -2 M | 6 M | 25 M | -43 M | -548 M | 26 M | 4 M |
| OtherGandA | 5 M | 37 M | 38 M | 37 M | 45 M | 44 M | 28 M | 47 M | 54 M | 36 M |
| OtherImpairmentOfCapitalAssets | -7 M | |||||||||
| OtherOperatingExpenses | 185 M | 475 M | 530 M | 632 M | 676 M | 699 M | 715 M | 175 M | 771 M | 894 M |
| OtherWriteOff | -340000.0 | -4 M | 172000.0 | -203000.0 | -3 M | -301000.0 | ||||
| ProvisionForGainLossOnDisposal | 173 M | |||||||||
| RentAndLandingFees | 5 M | 37 M | 38 M | 37 M | 45 M | 44 M | 28 M | |||
| Revenue per share | -26 M | -16 M | -12 M | -9 M | ||||||
| SalariesAndWages | -69 M | 3 M | -2 M | -10 M | -3 M | -30 M | -6 M | -22 M | ||
| Selling Gen & administrative expense | 5 M | 37 M | 38 M | 37 M | 45 M | 44 M | 28 M | 653 M | 54 M | 36 M |
| SellingAndMarketingExpense | -2 M | -1 M | 606 M | |||||||
| Special income/charges | -62 M | -277 M | 4 M | 3 M | 623000.0 | |||||
| Total Income available for interest expense (EBIT) | -172 M | 139 M | -220 M | -674 M | 224 M | 478 M | 55 M | 384 M | ||
| Total common shares outstanding | 22 M | 170 M | 170 M | 170 M | 197 M | 198 M | 204 M | 223 M | 223 M | |
| Total net income | 149 M | 117 M | -265 M | -751 M | 140 M | 413 M | -11 M | 941 M | 604 M | 496 M |
| Total ordinary shares | 223 M | 223 M | 223 M | 223 M | 223 M | 223 M | 223 M | 223 M | 223 M | 223 M |
| Total revenues | 242 M | 752 M | 645 M | 742 M | 957 M | 1,221 M | 749 M | 1,430 M | 1,802 M | 2,050 M |
| TotalExpenses | -190 M | -574 M | -845 M | -670 M | -721 M | -743 M | -743 M | 993 M | 1,056 M | 1,269 M |
| TotalRevenue | 242 M | 754 M | 646 M | 742 M | 957 M | 1,221 M | 749 M | 1,438 M | 1,802 M | 2,050 M |
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