Frontline (CHIX:FROO) Operating Margin %: 81.92% (As of Mar. 2026) — 174% Above Median


CHIX:FROO Frontline PLC CHIX:FROO
76 GF Score
Price kr399.05
GF Value kr252.06
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Frontline Operating Margin %?

Frontline CHIX:FROO -3.85% 76 Operating Margin % is 81.92% as of Mar. 2026, which is 174% above its 10-year median of 29.88. GuruFocus rates CHIX:FROO with a GF Score™ of 76/100 and a GF Value™ of kr252.06 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 916 Oil & Gas companies, Frontline ranks better than 94.87% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Frontline's Operating Income for the three months ended in Mar. 2026 was kr5,651 Mil. Frontline's Revenue for the three months ended in Mar. 2026 was kr6,899 Mil. Therefore, Frontline's Operating Margin % for the quarter that ended in Mar. 2026 was 81.92%.

Good Sign:

Frontline PLC operating margin is expanding. Margin expansion is usually a good sign.

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

CHIX:FROo' s Operating Margin % Range Over the Past 10 Years
Min: 0.22   Med: 29.88   Max: 48.18
Current: 48.18


CHIX:FROo's Operating Margin % is ranked better than
94.87% of 916 companies
in the Oil & Gas industry
Industry Median: 6.86 vs CHIX:FROo: 48.18

Frontline's 5-Year Average Operating Margin % Growth Rate was 49.10% per year.

Frontline's Operating Income for the three months ended in Mar. 2026 was kr5,651 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was kr10,678 Mil.


Frontline  (CHIX:FROo) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Frontline Operating Margin % Related Terms


Frontline Operating Margin % Historical Data

* Premium members only.

The historical data trend for Frontline's Operating 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.

Frontline Operating Margin % Chart

Frontline Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 30.54 40.19 32.66 30.17

Frontline Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating 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 21.77 27.47 22.18 43.52 81.92

CHIX:FROO vs VNOM, AM, GLNG: Operating Margin % Comparison

For the Oil & Gas Midstream subindustry, Frontline's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Oil & Gas Industry

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

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


CHIX:FROO
76GF Score
Frontline PLC CHIX:FROO
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frontline Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Frontline's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=5991.603 / 19861.11
=30.17 %

Frontline's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=5651.488 / 6898.578
=81.92 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 81.92% mean?
Frontline (CHIX:FROO) has a Operating Margin % of 81.92% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Frontline and its competitors. This is 174% above median its historical median of 29.88. Over the past decade, Frontline's Operating Margin % has ranged from 0.22 to 48.18. According to the industry distribution chart, Frontline ranks #47 out of 916 companies in the Oil & Gas industry, placing it in the top 5.1%.
Is Frontline's Operating Margin % too high?
Frontline's current Operating Margin % of 81.92% is 174% above median its 10-year median of 29.88. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 48.18. The Oil & Gas industry median Operating Margin % is 6.86. Frontline's value of 81.92% is 1094.2% above this industry median. Based on the distribution chart, Frontline ranks #47 out of 916 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Frontline has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Frontline's Operating Margin % compare to VNOM and AM?
According to the Oil & Gas industry distribution chart, Frontline ranks #47 out of 916 companies for Operating Margin %. This places Frontline in the top 5% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 6.86. Frontline's value of 81.92% is 1094.2% above this benchmark. Historically, Frontline's own Operating Margin % has ranged from 0.22 to 48.18 over the past decade. While the company's 10-year median is 29.88 vs. the industry median of 6.86, Frontline has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for an Oil & Gas company?
The median Operating Margin % among Oil & Gas companies is 6.86, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Frontline's current Operating Margin % of 81.92% is 1094.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Frontline and its competitors. For the Oil & Gas industry, the median Operating Margin % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontline's current Operating Margin % is 81.92%, which is 174% above median its own 10-year median of 29.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontline stock overvalued right now?
Based on GuruFocus' analysis, Frontline (CHIX:FROO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr252.06, compared to a current price of kr399.05 — trading 58.3% above its estimated fair value. The current Operating Margin % is 81.92%, which is 174% above median its 10-year median of 29.88 and 1094.2% above the Oil & Gas industry median of 6.86. Frontline's overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Frontline (CHIX:FROO), the current Operating Margin % is 81.92% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Frontline (CHIX:FROO) Overvalued in 2026?

Based on GuruFocus' analysis, Frontline stock appears to be overvalued. The current stock price of kr399.05 is trading 58.3% above its estimated GF Value™ of kr252.06. GuruFocus considers Frontline to be Significantly Overvalued.

Key valuation signals for CHIX:FROO:

  • Operating Margin %: 81.92% (174% above median its 10-year median of 29.88)
  • GF Value™: kr252.06 vs. price of kr399.05 (58.3% above fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 1094.2% above the Oil & Gas median (#47 of 916)

No single metric tells the full story. See the CHIX:FROO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Frontline Business Description

Industry EnergyOil & Gas
Address 8, John Kennedy Street, Office 740B, 7th Floor, Iris House, Limassol, CYP, 3106
Frontline PLC is an international shipping company engaged in the seaborne transportation of crude oil and oil products. It owns and operates modern fleets in the industry, consisting of VLCCs, Suezmax tankers, LR2, and Aframax tankers, which operate in the spot and time charter markets. The vessels normally trade between the larger refinery centers around the world, such as the Gulf of Mexico, the Middle East, Rotterdam, and Singapore. The company generates the majority of its revenue from voyage and time charters. It has only one reportable segment: tankers.
76GF Score

Get the complete analysis for CHIX:FROO

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr399.05
Price
kr252.06
GF Value