FRO FY 2024 Earnings — Frontline Ltd. Revenue & Financial Results | Market Cap Arena

FROFrontline Ltd.

$8B

FY 2024 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$2.1B+13.8% YoY

Gross Profit

$706M34.4% margin

Operating Income

$782M38.1% margin

Net Income

$496M24.2% margin

EPS (Diluted)

$2.23

Cash Flow

Operating Cash Flow

$736M

Free Cash Flow

-$179M

Stock-Based Comp.

-$2M

Balance Sheet

Total Assets

$6.2B

Total Liabilities

$3.9B

Stockholders' Equity

$2.3B

Cash & Equivalents

$414M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$1.8B	+13.8%
Gross Profit	$706M	$776M	-9.1%
Operating Income	$782M	$747M	+4.7%
Net Income	$496M	$656M	-24.5%