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 Nkr276.46 Million represents 1% of operating cash flow (Nkr283.35 Million). See FRO working capital ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
0.98x
Free Cash Flow / Operating CF
Free Cash Flow
Nkr276.46 Million
NOK
Operating Cash Flow
Nkr283.35 Million
NOK
Capital Expenditures
Nkr6.89 Million
NOK
Frontline Ltd Free Cash Flow Generation Index (1993–2025)
Historical FCF Generation Index trend for Frontline Ltd across 32 annual periods. Explore Frontline Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.
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 Frontline Ltd stock valuation.
| Year | FCG Index | Free Cash Flow (NOK) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.98x | Nkr669.93 Million | Nkr682.46 Million | Nkr12.53 Million | ▲ +504.2% |
| 2024 | -0.24x | Nkr-178.84 Million | Nkr736.41 Million | Nkr915.25 Million | ▲ +73.2% |
| 2023 | -0.91x | Nkr-775.24 Million | Nkr856.18 Million | Nkr1.63 Billion | ▼ -734.5% |
| 2022 | 0.14x | Nkr52.93 Million | Nkr370.89 Million | Nkr317.96 Million | ▲ +102.2% |
| 2021 | -6.35x | Nkr-399.47 Million | Nkr62.93 Million | Nkr462.40 Million | ▼ -3088.4% |
| 2020 | -0.20x | Nkr-120.26 Million | Nkr604.06 Million | Nkr724.32 Million | ▼ -166.2% |
| 2019 | 0.30x | Nkr84.22 Million | Nkr280.19 Million | Nkr195.97 Million | ▲ +108.2% |
| 2018 | -3.68x | Nkr-170.14 Million | Nkr46.17 Million | Nkr216.31 Million | ▲ +17.5% |
| 2017 | -4.47x | Nkr-583.08 Million | Nkr130.49 Million | Nkr713.56 Million | ▼ -279.9% |
| 2016 | -1.18x | Nkr-336.44 Million | Nkr286.01 Million | Nkr622.46 Million | ▲ +57.9% |
| 2015 | -2.79x | Nkr-579.43 Million | Nkr207.35 Million | Nkr786.77 Million | ▼ -1585.7% |
| 2014 | 0.19x | Nkr10.42 Million | Nkr55.41 Million | Nkr44.99 Million | ▼ -76.1% |
| 2012 | 0.79x | Nkr54.07 Million | Nkr68.57 Million | Nkr14.50 Million | ▲ +275.6% |
| 2011 | -0.45x | Nkr-25.52 Million | Nkr56.85 Million | Nkr82.38 Million | ▲ +38.3% |
| 2010 | -0.73x | Nkr-231.30 Million | Nkr317.64 Million | Nkr548.95 Million | ▼ -254.6% |
| 2009 | 0.47x | Nkr151.47 Million | Nkr321.52 Million | Nkr170.05 Million | ▲ +124.6% |
| 2008 | 0.21x | Nkr169.36 Million | Nkr807.25 Million | Nkr637.89 Million | ▼ -45.0% |
| 2007 | 0.38x | Nkr208.04 Million | Nkr545.81 Million | Nkr337.77 Million | ▲ +21.1% |
| 2006 | 0.31x | Nkr261.74 Million | Nkr831.56 Million | Nkr569.82 Million | ▼ -26.9% |
| 2005 | 0.43x | Nkr421.61 Million | Nkr979.77 Million | Nkr558.16 Million | ▼ -50.0% |
| 2004 | 0.86x | Nkr782.84 Million | Nkr909.79 Million | Nkr126.95 Million | ▼ -1.4% |
| 2003 | 0.87x | Nkr456.69 Million | Nkr523.28 Million | Nkr66.59 Million | ▲ +152.8% |
| 2002 | -1.65x | Nkr-234.82 Million | Nkr142.03 Million | Nkr376.84 Million | ▼ -963.2% |
| 2001 | 0.19x | Nkr91.48 Million | Nkr477.61 Million | Nkr386.13 Million | ▲ +131.6% |
| 2000 | -0.61x | Nkr-164.40 Million | Nkr271.58 Million | Nkr435.98 Million | ▲ +82.5% |
| 1999 | -3.45x | Nkr-160.34 Million | Nkr46.49 Million | Nkr206.83 Million | ▲ +6.7% |
| 1998 | -3.70x | Nkr-277.09 Million | Nkr74.92 Million | Nkr352.00 Million | ▼ -481.4% |
| 1997 | 0.97x | Nkr9.60 Million | Nkr9.90 Million | Nkr300.00K | ▼ -1.1% |
| 1996 | 0.98x | Nkr15.40 Million | Nkr15.70 Million | Nkr300.00K | ▲ +1.7% |
| 1995 | 0.96x | Nkr8.10 Million | Nkr8.40 Million | Nkr300.00K | ▼ -2.0% |
| 1994 | 0.98x | Nkr18.50 Million | Nkr18.80 Million | Nkr300.00K | ▲ +156.5% |
| 1993 | -1.74x | Nkr-18.80 Million | Nkr10.80 Million | Nkr29.60 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).