GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Frontline Plc (NYSE:FRO) » Definitions » Net Margin %

Frontline (Frontline) Net Margin % : 28.57% (As of Sep. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Frontline Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Frontline's Net Income for the three months ended in Sep. 2023 was $108 Mil. Frontline's Revenue for the three months ended in Sep. 2023 was $377 Mil. Therefore, Frontline's net margin for the quarter that ended in Sep. 2023 was 28.57%.

The historical rank and industry rank for Frontline's Net Margin % or its related term are showing as below:

FRO' s Net Margin % Range Over the Past 10 Years
Min: -40.98   Med: 15.07   Max: 61.81
Current: 40.53


FRO's Net Margin % is ranked better than
91.5% of 977 companies
in the Oil & Gas industry
Industry Median: 4.18 vs FRO: 40.53

Frontline Net Margin % Historical Data

The historical data trend for Frontline's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Frontline Net Margin % Chart

Frontline Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.20 14.62 33.81 -2.00 33.25

Frontline Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.88 45.09 40.14 44.99 28.57

Competitive Comparison of Frontline's Net Margin %

For the Oil & Gas Midstream subindustry, Frontline's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Frontline's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Frontline's Net Margin % distribution charts can be found below:

* The bar in red indicates where Frontline's Net Margin % falls into.



Frontline Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Frontline's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=475.537/1430.208
=33.25 %

Frontline's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=107.743/377.085
=28.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Frontline  (NYSE:FRO) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Frontline Net Margin % Related Terms

Thank you for viewing the detailed overview of Frontline's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Frontline (Frontline) Business Description

Address
8, John Kennedy Street, 7th floor, Iris House, Office 740B, Limassol, CYP, 3106
Frontline Plc is an international shipping company engaged in the seaborne transportation of crude oil and oil products. Group operates through the tankers segment. The tankers segment includes crude oil tankers and product tankers. Its geographical area of operation includes Arabian Gulf, West African, the North Sea, and the Caribbean. Frontline earns revenue through voyage charters, time charters, and a finance lease. It is also involved in the charter, purchase, and sale of vessels.

Frontline (Frontline) Headlines