Frontline Ltd (OL:FRO) — Market Cap & Net Worth

$8.68 Billion USD  · Nkr82.46 Billion NOK  · Rank #2511

Market Cap & Net Worth: Frontline Ltd (FRO)

Frontline Ltd (OL:FRO) has a market capitalization of $8.68 Billion (Nkr82.46 Billion) as of June 17, 2026. Listed on the OL stock exchange, this Norway-based company holds position #2511 globally and #14 in its home market, demonstrating a 11.70% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Frontline Ltd's stock price Nkr370.40 by its total outstanding shares 222622889 (222.62 Million). Review FRO total debt and obligations to assess the company's total debt and financial obligations.

Frontline Ltd Market Cap History: 2015 to 2026

Frontline Ltd's market capitalization history from 2015 to 2026. Data shows growth from $1.60 Billion to $8.68 Billion (17.35% CAGR).

Frontline Ltd Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Frontline Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

2.65x

Frontline Ltd's market cap is 2.65 times its annual revenue

Industry average: 5.54x Lower than industry average

Latest Price to Earnings (P/E) Ratio

13.74x

Frontline Ltd's market cap is 13.74 times its annual earnings

Industry average: 20.75x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $873.68 Million $754.31 Million $117.01 Million 1.16x 7.47x
2017 $564.39 Million $646.33 Million -$264.86 Million 0.87x N/A
2018 $722.89 Million $742.27 Million -$8.88 Million 0.97x N/A
2019 $1.66 Billion $957.32 Million $139.97 Million 1.73x 11.84x
2020 $987.08 Million $1.22 Billion $412.88 Million 0.81x 2.39x
2021 $1.14 Billion $749.38 Million -$11.15 Million 1.52x N/A
2022 $2.16 Billion $1.43 Billion $475.54 Million 1.51x 4.55x
2023 $4.43 Billion $1.80 Billion $656.41 Million 2.46x 6.75x
2024 $3.67 Billion $2.05 Billion $495.58 Million 1.79x 7.40x
2025 $5.21 Billion $1.97 Billion $379.08 Million 2.65x 13.74x

Competitor Companies of FRO by Market Capitalization

Companies near Frontline Ltd in the global market cap rankings as of June 17, 2026.

Key companies related to Frontline Ltd by market ranking:

  • Enbridge Inc (TO:ENB): Ranked #193 globally with a market cap of $123.10 Billion USD ( CA$170.18 Billion CAD).
  • Williams Companies Inc (NYSE:WMB): Ranked #295 globally with a market cap of $87.42 Billion USD.
  • Enterprise Products Partners LP (NYSE:EPD): Ranked #336 globally with a market cap of $78.86 Billion USD.
  • TC Energy Corp (TO:TRP): Ranked #377 globally with a market cap of $72.66 Billion USD ( CA$100.45 Billion CAD).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#193 Enbridge Inc TO:ENB $123.10 Billion CA$77.93
#295 Williams Companies Inc NYSE:WMB $87.42 Billion $71.48
#336 Enterprise Products Partners LP NYSE:EPD $78.86 Billion $36.45
#377 TC Energy Corp TO:TRP $72.66 Billion CA$96.42

Frontline Ltd Historical Marketcap From 2015 to 2026

Between 2015 and today, Frontline Ltd's market cap moved from $1.60 Billion to $ 8.68 Billion, with a yearly change of 17.35%.

Year Market Cap Change (%)
2026 Nkr8.68 Billion +66.55%
2025 Nkr5.21 Billion +42.06%
2024 Nkr3.67 Billion -17.26%
2023 Nkr4.43 Billion +104.98%
2022 Nkr2.16 Billion +89.41%
2021 Nkr1.14 Billion +15.65%
2020 Nkr987.08 Million -40.44%
2019 Nkr1.66 Billion +129.26%
2018 Nkr722.89 Million +28.08%
2017 Nkr564.39 Million -35.40%
2016 Nkr873.68 Million -45.40%
2015 Nkr1.60 Billion --

End of Day Market Cap According to Different Sources

On Jun 17th, 2026 the market cap of Frontline Ltd was reported to be:

Source Market Cap
Yahoo Finance $8.68 Billion USD
MoneyControl $8.68 Billion USD
MarketWatch $8.68 Billion USD
marketcap.company $8.68 Billion USD
Reuters $8.68 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Frontline Ltd

OL:FRO Norway Oil & Gas Midstream
Market Cap
$8.68 Billion
Nkr82.46 Billion NOK
Market Cap Rank
#2511 Global
#14 in Norway
Share Price
Nkr370.40
Change (1 day)
+0.76%
52-Week Range
Nkr164.70 - Nkr370.40
All Time High
Nkr370.40
About

Frontline plc, a shipping company, engages in the ownership and operation of oil and product tankers worldwide. The company owns and operates oil and product tankers, such as very large crude carriers (VLCCs), Suezmax tankers, and LR2/Aframax tankers. As of December 31, 2025, it operated a fleet of 80 vessels, including 41 VLCCs, 21 Suezmax tankers, and 18 LR2/Aframax tankers. The company is also… Read more