Frontline Ltd Cash Flow Conversion Efficiency

Latest as of June 2026: 0.184x

Frontline Ltd cash flow conversion efficiency. Based on the latest financial reports, Frontline Ltd (FRO) has a cash flow conversion efficiency ratio of 0.184x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Nkr579.49 Million ≈ $60.98 Million USD) by net assets (Nkr3.15 Billion ≈ $331.96 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Frontline Ltd (1993–2025)

Cash flow conversion efficiency of Frontline Ltd from 1993 to 2025. This chart illustrates how Frontline Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Frontline Ltd stock price today for real-time trading data and today's change.

Frontline Ltd Cash Flow Conversion Ratio Explained

Frontline Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Frontline Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Frontline Ltd ranked by their cash flow conversion efficiency. Also see market cap of Frontline Ltd for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
CP ALL Public Company Limited BK:CPALL	0.063x
BANKINTER ADR 2007 EO-30 F:BAK	N/A
Encompass Health Corp NYSE:EHC	0.082x
LATAM Airlines Group S.A. NYSE:LTM	0.484x
Suzano S.A. SA:SUZB3	0.088x
DWS Group GmbH & Co. KGaA XETRA:DWS	0.033x
Korea Zinc Inc KO:010130	-0.001x
TMX Group Limited TO:X	0.114x

Annual Cash Flow Conversion Efficiency for Frontline Ltd (1993–2025)

The table below shows the annual cash flow conversion efficiency of Frontline Ltd from 1993 to 2025. Review FRO FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	Nkr2.51 Billion ≈ $264.22 Million	Nkr682.46 Million ≈ $71.81 Million	0.272x	-13.63%
2024-12-31	Nkr2.34 Billion ≈ $246.25 Million	Nkr736.41 Million ≈ $77.49 Million	0.315x	-16.30%
2023-12-31	Nkr2.28 Billion ≈ $239.64 Million	Nkr856.18 Million ≈ $90.09 Million	0.376x	+129.85%
2022-12-31	Nkr2.27 Billion ≈ $238.61 Million	Nkr370.89 Million ≈ $39.03 Million	0.164x	+329.51%
2021-12-31	Nkr1.65 Billion ≈ $173.90 Million	Nkr62.93 Million ≈ $6.62 Million	0.038x	-89.84%
2020-12-31	Nkr1.61 Billion ≈ $169.58 Million	Nkr604.06 Million ≈ $63.56 Million	0.375x	+102.03%
2019-12-31	Nkr1.51 Billion ≈ $158.92 Million	Nkr280.19 Million ≈ $29.48 Million	0.186x	+367.82%
2018-12-31	Nkr1.16 Billion ≈ $122.51 Million	Nkr46.17 Million ≈ $4.86 Million	0.040x	-63.90%
2017-12-31	Nkr1.19 Billion ≈ $124.97 Million	Nkr130.49 Million ≈ $13.73 Million	0.110x	-42.39%
2016-12-31	Nkr1.50 Billion ≈ $157.82 Million	Nkr286.01 Million ≈ $30.10 Million	0.191x	+33.03%
2015-12-31	Nkr1.45 Billion ≈ $152.20 Million	Nkr207.35 Million ≈ $21.82 Million	0.143x	+118.28%
2014-12-31	Nkr-70.65 Million ≈ $-7.43 Million	Nkr55.41 Million ≈ $5.83 Million	-0.784x	-133.17%
2013-12-31	Nkr-18.05 Million ≈ $-1.90 Million	Nkr-42.68 Million ≈ $-4.49 Million	2.365x	+352.24%
2012-12-31	Nkr131.15 Million ≈ $13.80 Million	Nkr68.57 Million ≈ $7.22 Million	0.523x	+96.33%
2011-12-31	Nkr213.48 Million ≈ $22.46 Million	Nkr56.85 Million ≈ $5.98 Million	0.266x	-36.36%
2010-12-31	Nkr759.04 Million ≈ $79.87 Million	Nkr317.64 Million ≈ $33.43 Million	0.418x	-2.28%
2009-12-31	Nkr750.75 Million ≈ $79.00 Million	Nkr321.52 Million ≈ $33.83 Million	0.428x	-62.39%
2008-12-31	Nkr708.85 Million ≈ $74.59 Million	Nkr807.25 Million ≈ $84.95 Million	1.139x	-6.95%
2007-12-31	Nkr445.97 Million ≈ $46.93 Million	Nkr545.81 Million ≈ $57.43 Million	1.224x	+78.04%
2006-12-31	Nkr1.21 Billion ≈ $127.29 Million	Nkr831.56 Million ≈ $87.50 Million	0.687x	-16.80%
2005-12-31	Nkr1.19 Billion ≈ $124.79 Million	Nkr979.77 Million ≈ $103.10 Million	0.826x	+13.21%
2004-12-31	Nkr1.25 Billion ≈ $131.19 Million	Nkr909.79 Million ≈ $95.74 Million	0.730x	+75.08%
2003-12-31	Nkr1.26 Billion ≈ $132.11 Million	Nkr523.28 Million ≈ $55.06 Million	0.417x	+260.09%
2002-12-31	Nkr1.23 Billion ≈ $129.11 Million	Nkr142.03 Million ≈ $14.95 Million	0.116x	-69.48%
2001-12-31	Nkr1.26 Billion ≈ $132.51 Million	Nkr477.61 Million ≈ $50.26 Million	0.379x	+44.62%
2000-12-31	Nkr1.04 Billion ≈ $108.97 Million	Nkr271.58 Million ≈ $28.58 Million	0.262x	+235.79%
1999-12-31	Nkr595.20 Million ≈ $62.63 Million	Nkr46.49 Million ≈ $4.89 Million	0.078x	-52.29%
1998-12-31	Nkr457.68 Million ≈ $48.16 Million	Nkr74.92 Million ≈ $7.88 Million	0.164x	+107.34%
1997-12-31	Nkr125.40 Million ≈ $13.20 Million	Nkr9.90 Million ≈ $1.04 Million	0.079x	-39.96%
1996-12-31	Nkr119.40 Million ≈ $12.56 Million	Nkr15.70 Million ≈ $1.65 Million	0.131x	+83.93%
1995-12-31	Nkr117.50 Million ≈ $12.36 Million	Nkr8.40 Million ≈ $883.92K	0.071x	-55.89%
1994-12-31	Nkr116.00 Million ≈ $12.21 Million	Nkr18.80 Million ≈ $1.98 Million	0.162x	+62.82%
1993-12-31	Nkr108.50 Million ≈ $11.42 Million	Nkr10.80 Million ≈ $1.14 Million	0.100x	--

About Frontline Ltd

OL:FRO Norway Oil & Gas Midstream

Market Cap

$12.13 Billion

Nkr115.32 Billion NOK

Market Cap Rank

#1853 Global

#9 in Norway

Share Price

Nkr518.00

Change (1 day)

+0.04%

52-Week Range

Nkr208.60 - Nkr566.00

All Time High

Nkr566.00