Frontline Ltd (FRO) — Free Cash Flow Generation Index
Latest as of December 2025:
0.98x
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). Read FRO current and long-term liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
0.98x
Free Cash Flow / Operating CF
Free Cash Flow
$276.46 Million
USD
Operating Cash Flow
$283.35 Million
USD
Capital Expenditures
$6.89 Million
USD
Frontline Ltd Free Cash Flow Generation Index (1993–2025)
Historical FCF Generation Index trend for Frontline Ltd across 32 annual periods. Explore FRO capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Frontline Ltd (1993–2025)
Year-by-year Free Cash Flow Generation Index for Frontline Ltd. For the full company profile including market capitalisation, see market cap of Frontline Ltd.
| 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 | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).