NYSE$FRO

Frontline PLC · Q4 2026 earnings

Q4 2026 earnings · · Before market open · Investor relations

Briefing

Frontline FY2025: tanker earnings slide 24% to $379M on softer rates

Frontline plc filed its annual report for the year ended December 31, 2025, reporting total operating revenues of $1.97 billion, down 4% from $2.05 billion in 2024, as weaker tanker market conditions reduced voyage and time-charter income. Net operating income fell to $598.8 million from $781.7 million, and profit for the period declined 24% to $379.1 million from $495.6 million. Basic and diluted earnings per share were $1.70 versus $2.23 in the prior year. The company ended 2025 with cash and cash equivalents of $251.3 million, down from $413.5 million, after paying $207.0 million in dividends during the year. Management noted the profit decline reflected lower freight rates and a sharp drop in other income compared with 2024.

  • Total operating revenues were $1.97 billion in 2025, down 4% from $2.05 billion in 2024.
  • Net operating income fell to $598.8 million from $781.7 million year over year.
  • Profit for the period declined 24% to $379.1 million; basic EPS was $1.70 versus $2.23.
  • Cash and cash equivalents ended the year at $251.3 million after $207.0 million in dividends paid.
  • Ship operating expenses rose 2.8% to $238.9 million, partly reflecting a larger VLCC fleet.

Headline financials

Total Revenue

$1.97B

No prior period
EPS (adj)

$1.70

No prior period
Net Income

$379M

No prior period
Operating Income

$599M

No prior period
Cash & Equivalents

$251M

No prior period

Revenue & EPS history

Frontline · Revenue · Quarterly

$1.97B

Q4 2026
Beat estimate in 14 of 14 quarters(100%)
ActualEstimate

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 Q4 2026

Historical avgQ4 2026

-1.1%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+0.5%

Avg return

30 days after

46%

28 / 61 earnings

Positive

+16.7%

Q1 2022

Best reaction

-29.3%

Q4 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro