FRO Q3 2024 Earnings — Frontline Ltd. Revenue & Financial Results | Market Cap Arena

FROFrontline Ltd.

$8B

Q3 2024 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$490M+30.0% YoY

Gross Profit

$152M30.9% margin

Operating Income

$145M29.5% margin

Net Income

$60M12.3% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

-11.8%

Cash Flow

Operating Cash Flow

$165M

Free Cash Flow

$162M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$6.3B

Total Liabilities

$3.9B

Stockholders' Equity

$2.3B

Cash & Equivalents

$321M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$490M	$377M	+30.0%
Gross Profit	$152M	$130M	+17.0%
Operating Income	$145M	$115M	+26.2%
Net Income	$60M	$108M	-43.9%