Frontline Ltd (FRO) — Cash Flow Quality Index

Latest as of December 2025: 1.24x

Frontline Ltd (FRO) has a Cash Flow Quality Index of 1.24x as of December 2025. Operating cash flow of $283.35 Million exceeds net income of $227.93 Million, indicating high earnings quality where cash backs reported profits. Explore Frontline Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.24x
Operating CF / Net Income

Operating Cash Flow

$283.35 Million
USD

Net Income

$227.93 Million
USD

Data as of

Dec 2025
Most recent filing

Frontline Ltd Cash Flow Quality Index (1993–2025)

Historical Cash Flow Quality Index for Frontline Ltd across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see FRO cash generation efficiency.

Annual Cash Flow Quality Index for Frontline Ltd (1993–2025)

Year-by-year earnings quality comparison for Frontline Ltd.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.80x $682.46 Million $379.08 Million ▲ +21.2%
2024 1.49x $736.41 Million $495.58 Million ▲ +13.9%
2023 1.30x $856.18 Million $656.41 Million ▲ +66.2%
2022 0.78x $370.89 Million $472.72 Million ▼ -46.4%
2020 1.46x $604.06 Million $413.01 Million ▼ -26.9%
2019 2.00x $280.19 Million $139.99 Million ▼ -17.8%
2016 2.43x $286.01 Million $117.51 Million ▲ +199.8%
2015 0.81x $207.35 Million $255.39 Million ▼ -58.1%
2010 1.94x $317.64 Million $164.00 Million ▼ -31.6%
2009 2.83x $298.82 Million $105.47 Million ▲ +145.2%
2008 1.16x $807.25 Million $698.77 Million ▲ +20.7%
2007 0.96x $545.81 Million $570.42 Million ▼ -40.6%
2006 1.61x $831.56 Million $516.00 Million ▼ -0.2%
2005 1.61x $979.77 Million $606.84 Million ▲ +81.6%
2004 0.89x $909.79 Million $1.02 Billion ▼ -30.5%
2003 1.28x $523.28 Million $409.36 Million ▲ +2.4%
2001 1.25x $477.61 Million $382.73 Million ▲ +44.2%
2000 0.87x $271.58 Million $313.87 Million ▼ -68.8%
1998 2.77x $74.92 Million $27.00 Million ▲ +76.6%
1997 1.57x $9.90 Million $6.30 Million ▼ -66.3%
1996 4.67x $8.40 Million $1.80 Million ▲ +108.5%
1995 2.24x $18.80 Million $8.40 Million ▲ +0.0%
1994 2.24x $18.80 Million $8.40 Million ▼ -13.0%
1993 2.57x $10.80 Million $4.20 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.