Frontline Ltd (FRO) — Free Cash Flow Generation Index
Frontline Ltd (FRO) has a Free Cash Flow Generation Index of 0.98x as of December 2025. Free cash flow of $276.46 Million represents 1% of operating cash flow ($283.35 Million). Explore Frontline Ltd capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Frontline Ltd Free Cash Flow Generation Index (1993–2025)
Historical FCF Generation Index trend for Frontline Ltd across 32 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Frontline Ltd.
Annual Free Cash Flow Generation for Frontline Ltd (1993–2025)
Year-by-year Free Cash Flow Generation Index for Frontline Ltd. Check FRO cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.98x | $669.93 Million | $682.46 Million | $12.53 Million | ▲ +504.2% |
| 2024 | -0.24x | $-178.84 Million | $736.41 Million | $915.25 Million | ▲ +73.2% |
| 2023 | -0.91x | $-775.24 Million | $856.18 Million | $1.63 Billion | ▼ -734.5% |
| 2022 | 0.14x | $52.93 Million | $370.89 Million | $317.96 Million | ▲ +102.2% |
| 2021 | -6.35x | $-399.47 Million | $62.93 Million | $462.40 Million | ▼ -3088.4% |
| 2020 | -0.20x | $-120.26 Million | $604.06 Million | $724.32 Million | ▼ -166.2% |
| 2019 | 0.30x | $84.22 Million | $280.19 Million | $195.97 Million | ▲ +108.2% |
| 2018 | -3.68x | $-170.14 Million | $46.17 Million | $216.31 Million | ▲ +21.2% |
| 2017 | -4.68x | $-587.87 Million | $125.69 Million | $713.56 Million | ▼ -297.6% |
| 2016 | -1.18x | $-336.44 Million | $286.01 Million | $622.46 Million | ▲ +57.9% |
| 2015 | -2.79x | $-579.43 Million | $207.35 Million | $786.77 Million | ▼ -1875.5% |
| 2014 | 0.16x | $8.40 Million | $53.39 Million | $44.99 Million | ▼ -80.0% |
| 2012 | 0.79x | $54.07 Million | $68.57 Million | $14.50 Million | ▲ +279.4% |
| 2011 | -0.44x | $-25.15 Million | $57.23 Million | $82.38 Million | ▲ +39.6% |
| 2010 | -0.73x | $-231.30 Million | $317.64 Million | $548.95 Million | ▼ -243.7% |
| 2009 | 0.51x | $151.47 Million | $298.82 Million | $147.35 Million | ▲ +141.6% |
| 2008 | 0.21x | $169.36 Million | $807.25 Million | $637.89 Million | ▼ -45.0% |
| 2007 | 0.38x | $208.04 Million | $545.81 Million | $337.77 Million | ▲ +21.1% |
| 2006 | 0.31x | $261.74 Million | $831.56 Million | $569.82 Million | ▼ -26.9% |
| 2005 | 0.43x | $421.61 Million | $979.77 Million | $558.16 Million | ▼ -50.0% |
| 2004 | 0.86x | $782.84 Million | $909.79 Million | $126.95 Million | ▼ -1.4% |
| 2003 | 0.87x | $456.69 Million | $523.28 Million | $66.59 Million | ▲ +152.8% |
| 2002 | -1.65x | $-234.82 Million | $142.03 Million | $376.84 Million | ▼ -963.2% |
| 2001 | 0.19x | $91.48 Million | $477.61 Million | $386.13 Million | ▲ +131.6% |
| 2000 | -0.61x | $-164.40 Million | $271.58 Million | $435.98 Million | ▲ +82.5% |
| 1999 | -3.45x | $-160.34 Million | $46.49 Million | $206.83 Million | ▲ +6.7% |
| 1998 | -3.70x | $-277.09 Million | $74.92 Million | $352.00 Million | ▼ -481.4% |
| 1997 | 0.97x | $9.60 Million | $9.90 Million | $300.00K | ▲ +0.6% |
| 1996 | 0.96x | $8.10 Million | $8.40 Million | $300.00K | ▼ -2.0% |
| 1995 | 0.98x | $18.50 Million | $18.80 Million | $300.00K | ▲ +0.0% |
| 1994 | 0.98x | $18.50 Million | $18.80 Million | $300.00K | ▲ +156.5% |
| 1993 | -1.74x | $-18.80 Million | $10.80 Million | $29.60 Million | — |