Frontline plc (FRO)

Frontline Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Net Income	379.08	495.58	656.41	475.54
Depreciation & Amortization	328.46	339.03	230.94	165.17
Stock-Based Compensation	5.56	-2.19	10.72	4.7
Other Adjustments	3.59	-87.74	-33.26	-117.77
Change in Receivables	-5.05	-2.8	14.82	-65.93
Changes in Inventories	16.89	-2.32	-28.25	-26.41
Changes in Accounts Payable	21.36	3.4	-2.69	36.37
Changes in Other Operating Activities	-64.69	-2.02	7.61	-86.14
Operating Cash Flow	682.46	736.41	856.18	385.33
Operating Cash Flow Growth	-7.33%	-13.99%	122.19%	-
Capital Expenditures	-12.53	-915.25	-1,631	-335.82
Sale of Property, Plant & Equipment	37.15	431.85	142.74	80
Purchases of Investments	-	-	-	-1.51
Proceeds from Sale of Investments	0.36	-	251.84	-
Other Investing Activities	-	-	1.39	-
Investing Cash Flow	24.98	-483.4	-1,235	-257.32
Long-Term Debt Issued	1,434	2,167	1,609	651.25
Long-Term Debt Repaid	-2,096	-1,881	-537.45	-599.96
Net Long-Term Debt Issued (Repaid)	-662.59	286.31	1,072	51.29
Common Dividends Paid	-207.04	-434.12	-638.93	-33.39
Other Financing Activities	-	-	-	-4.46
Financing Cash Flow	-869.62	-147.8	433.07	13.44
Net Cash Flow	-162.19	105.21	53.8	141.45
Free Cash Flow	669.93	-178.84	-775.24	49.52
FCF Margin	33.99%	-8.27%	-42.45%	3.44%
Free Cash Flow Per Share	3.01	-0.80	-3.48	0.23
Levered Free Cash Flow	5.98	204.73	304.6	280
Unlevered Free Cash Flow	878.88	192.64	-677.38	198.41

Updated Feb 27, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q