NYSE$FRO
Frontline PLC · Q1 2025 earnings
Q1 2025 earnings · · Before market open · Investor relations
Briefing
Frontline reported solid earnings with $33.3 million in net income and strong operating results in Q1 2025.
Frontline delivered a profitable Q1 2025 with $427.9 million in revenue and $33.3 million in net income, supported by stable tanker rates and efficient fleet operations.
- Reported net income of $33.3 million and adjusted net income of $40.4 million.
- Revenue reached $427.9 million for the quarter.
- Entered into multiple refinancing agreements totaling over $1.3 billion, extending debt maturity profile.
- Operated one of the youngest and most energy-efficient fleets with 81 vessels and an average age of 6.8 years.
Headline financials
Revenue & EPS history
Frontline · Revenue · Quarterly
$428M
Forward guidance
Frontline anticipates continued stability in fleet utilization and potential rate support due to sanctions and constrained tanker supply.
Tailwinds
- No meaningful debt maturities until 2030.
- Continued focus on low breakeven cost structure.
- Strong cash position and liquidity from recent refinancing deals.
- Slow fleet growth and stalled new orders support long-term fundamentals.
- Improved utilization on larger tankers during the quarter.
Headwinds
- Expected decline in Q2 spot TCEs due to ballast days.
- Geopolitical uncertainties could impact freight market dynamics.
- Pressure from sanctions may create operational complexities.
- Limited vessel recycling has slowed fleet renewal.
- Older tonnage engaging in grey trade could affect mainstream fleet utilization.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2025
-1.1%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+0.6%
Avg return
30 days after
45%
28 / 62 earnings
Positive
+16.7%
Q1 2022
Best reaction
-29.3%
Q4 2012
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.5% | -7.8% | +6.4% | |
| Q4 2026 | -0.8% | +8.8% | +7.8% | |
| Q2 2025 | +0.9% | +5.3% | +11.4% | |
| Q1 2025 | +6.8% | +2.2% | +10.5% | |
| Q4 2024 | +4.8% | +3.1% | -2.2% | |
| Q3 2024 | -10.5% | -13.1% | -22.5% | |
| Q2 2024 | -1.4% | -4.7% | -2.1% | |
| Q1 2024 | -1.4% | -6.4% | -10.3% | |
| Q4 2023 | -0.7% | +2.7% | +2.8% | |
| Q3 2023 | -5.1% | -9.1% | -5.3% | |
| Q2 2023 | +3.2% | +3.9% | +1.1% | |
| Q1 2023 | -3.1% | -8.9% | -3.3% | |
| Q4 2022 | -0.2% | +2.3% | -12.0% | |
| Q3 2022 | +5.8% | +7.6% | -6.2% | |
| Q2 2022 | -0.9% | -1.3% | +0.9% | |
| Q1 2022 | +16.7% | +27.0% | -4.2% | |
| Q4 2021 | +4.7% | +9.9% | +12.7% | |
| Q3 2021 | +0.7% | -2.8% | +2.6% | |
| Q2 2021 | -1.9% | -3.9% | +12.5% | |
| Q1 2021 | +0.1% | +2.9% | +3.9% | |
| Q4 2020 | -1.0% | -3.2% | +8.2% | |
| Q3 2020 | -10.7% | -15.5% | -13.1% | |
| Q2 2020 | -5.3% | -5.9% | -22.2% | |
| Q1 2020 | +3.3% | +2.7% | -3.3% | |
| Q4 2019 | +11.9% | +6.4% | +28.3% | |
| Q3 2019 | -0.3% | -4.1% | +10.1% | |
| Q2 2019 | +3.8% | +3.9% | +12.8% | |
| Q1 2019 | +0.2% | +1.1% | -15.5% | |
| Q4 2018 | +4.3% | +7.1% | +2.5% | |
| Q3 2018 | +5.3% | +2.2% | +7.9% | |
| Q2 2018 | +3.5% | +5.4% | +5.4% | |
| Q1 2018 | +8.8% | +7.3% | +11.5% | |
| Q4 2017 | -4.0% | +0.2% | +9.9% | |
| Q3 2017 | -4.6% | -7.0% | -21.3% | |
| Q2 2017 | -2.0% | +0.0% | +18.4% | |
| Q1 2017 | +2.8% | +2.3% | -0.5% | |
| Q3 2016 | -5.5% | -5.4% | -5.2% | |
| Q2 2016 | -11.9% | -11.0% | -11.7% | |
| Q1 2016 | +7.7% | +11.7% | -1.9% | |
| Q4 2015 | -0.7% | — | — | |
| Q3 2015 | +6.9% | — | — | |
| Q1 2015 | -10.5% | — | — | |
| Q4 2014 | +3.3% | — | — | |
| Q3 2014 | -20.5% | — | — | |
| Q1 2014 | -1.1% | — | — | |
| Q4 2013 | +1.6% | — | — | |
| Q3 2013 | +13.9% | — | — | |
| Q2 2013 | -13.5% | — | — | |
| Q1 2013 | -10.4% | — | — | |
| Q4 2012 | -29.3% | — | — | |
| Q2 2012 | -15.9% | — | — | |
| Q4 2008 | -2.8% | — | — | |
| Q4 2011 | -2.8% | — | — | |
| Q1 2012 | +1.8% | — | — | |
| Q3 2011 | -7.0% | — | — | |
| Q2 2011 | +1.0% | — | — | |
| Q4 2010 | -1.9% | — | — | |
| Q4 2009 | -1.9% | — | — | |
| Q1 2011 | +2.2% | — | — | |
| Q3 2010 | -2.4% | — | — | |
| Q2 2010 | +0.6% | — | — | |
| Q1 2010 | +0.6% | — | — |
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