Frontline (FRO) Revenue & Revenue Breakdown
Frontline Revenue Highlights
Latest Revenue (Y)
$1.80B
Latest Revenue (Q)
$578.40M
Main Segment (Y)
Voyage Charter
Frontline Revenue by Period
Frontline Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.80B | 26.01% |
| 2022-12-31 | $1.43B | 90.85% |
| 2021-12-31 | $749.38M | -38.64% |
| 2020-12-31 | $1.22B | 27.56% |
| 2019-12-31 | $957.32M | 28.97% |
| 2018-12-31 | $742.27M | 14.84% |
| 2017-12-31 | $646.33M | -14.32% |
| 2016-12-31 | $754.31M | 64.36% |
| 2015-12-31 | $458.93M | -18.00% |
| 2014-12-31 | $559.69M | 8.22% |
| 2013-12-31 | $517.19M | -22.59% |
| 2012-12-31 | $668.11M | -17.53% |
| 2011-12-31 | $810.10M | -30.48% |
| 2010-12-31 | $1.17B | 2.54% |
| 2009-12-31 | $1.14B | -49.41% |
| 2008-12-31 | $2.25B | 72.80% |
| 2007-12-31 | $1.30B | -17.93% |
| 2006-12-31 | $1.58B | 4.63% |
| 2005-12-31 | $1.51B | -18.42% |
| 2004-12-31 | $1.86B | 58.09% |
| 2003-12-31 | $1.17B | 181.81% |
| 2002-12-31 | $416.52M | -35.66% |
| 2001-12-31 | $647.35M | 7.90% |
| 2000-12-31 | $599.94M | 136.93% |
| 1999-12-31 | $253.21M | 24.21% |
| 1998-12-31 | $203.86M | 519.64% |
| 1997-12-31 | $32.90M | -1.79% |
| 1996-03-31 | $33.50M | 14.73% |
| 1995-03-31 | $29.20M | 16.80% |
| 1994-03-31 | $25.00M | - |
Frontline generated $1.80B in revenue during NA 2023, up 26.01% compared to the previous quarter, and up 242.79% compared to the same period a year ago.
Frontline Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $578.40M | 39.37% |
| 2023-12-31 | $415.00M | 10.06% |
| 2023-09-30 | $377.08M | -26.46% |
| 2023-06-30 | $512.76M | 3.10% |
| 2023-03-31 | $497.33M | -6.19% |
| 2022-12-31 | $530.14M | 38.71% |
| 2022-09-30 | $382.19M | 27.21% |
| 2022-06-30 | $300.44M | 38.17% |
| 2022-03-31 | $217.44M | 1.82% |
| 2021-12-31 | $213.55M | 24.28% |
| 2021-09-30 | $171.82M | 1.06% |
| 2021-06-30 | $170.02M | -12.36% |
| 2021-03-31 | $193.99M | 10.93% |
| 2020-12-31 | $174.87M | -29.32% |
| 2020-09-30 | $247.41M | -36.08% |
| 2020-06-30 | $387.08M | -6.01% |
| 2020-03-31 | $411.82M | 89.73% |
| 2019-12-31 | $217.05M | 15.67% |
| 2019-09-30 | $187.64M | -2.98% |
| 2019-06-30 | $193.41M | -18.83% |
| 2019-03-31 | $238.28M | 9.78% |
| 2018-12-31 | $217.05M | 14.98% |
| 2018-09-30 | $188.77M | 13.16% |
| 2018-06-30 | $166.82M | -1.65% |
| 2018-03-31 | $169.62M | -5.02% |
| 2017-12-31 | $178.58M | 27.13% |
| 2017-09-30 | $140.47M | -6.44% |
| 2017-06-30 | $150.15M | -15.23% |
| 2017-03-31 | $177.13M | -0.65% |
| 2016-12-31 | $178.29M | 13.45% |
| 2016-09-30 | $157.16M | -18.04% |
| 2016-06-30 | $191.76M | -15.56% |
| 2016-03-31 | $227.10M | 47.45% |
| 2015-12-31 | $154.02M | 26.75% |
| 2015-09-30 | $121.51M | -9.84% |
| 2015-06-30 | $134.78M | -6.65% |
| 2015-03-31 | $144.38M | 6.87% |
| 2014-12-31 | $135.10M | -0.38% |
| 2014-09-30 | $135.62M | 13.99% |
| 2014-06-30 | $118.97M | -30.02% |
| 2014-03-31 | $170.00M | 18.41% |
| 2013-12-31 | $143.57M | 13.50% |
| 2013-09-30 | $126.49M | 4.35% |
| 2013-06-30 | $121.22M | -3.72% |
| 2013-03-31 | $125.90M | -36.23% |
| 2012-12-31 | $197.44M | 55.70% |
| 2012-09-30 | $126.81M | -28.18% |
| 2012-06-30 | $176.58M | 5.55% |
| 2012-03-31 | $167.29M | 3.90% |
| 2011-12-31 | $161.01M | -7.42% |
| 2011-09-30 | $173.91M | -20.73% |
| 2011-06-30 | $219.40M | -6.56% |
| 2011-03-31 | $234.81M | 1.75% |
| 2010-12-31 | $230.78M | -10.54% |
| 2010-09-30 | $257.95M | -29.48% |
| 2010-06-30 | $365.78M | 7.07% |
| 2010-03-31 | $341.64M | 30.33% |
| 2009-12-31 | $262.14M | 11.04% |
| 2009-09-30 | $236.07M | -16.15% |
| 2009-06-30 | $281.54M | -21.05% |
| 2009-03-31 | $356.60M | -39.95% |
| 2008-12-31 | $593.81M | 114.85% |
| 2008-09-30 | $276.38M | -59.01% |
| 2008-06-30 | $674.27M | 24.11% |
| 2008-03-31 | $543.26M | 71.56% |
| 2007-12-31 | $316.67M | - |
Frontline generated $578.40M in revenue during Q1 2024, up 39.37% compared to the previous quarter, and up 109.10% compared to the same period a year ago.
Frontline Revenue Breakdown
Frontline Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Voyage Charter | $1.72B | $2.69B | - | - | - |
| Time Charter | $63.77M | $143.58M | - | - | - |
| Other Revenue | - | - | $14.11M | $22.33M | - |
| Time charter | - | - | $132.00K | - | - |
| Voyage charter | - | - | $664.00M | $1.01B | $887.50M |
| Finance lease interest | - | - | - | - | - |
Frontline's latest annual revenue breakdown by segment (product or service), as of Dec 23: Voyage Charter (96.43%), and Time Charter (3.57%).
Quarterly Revenue by Product
| Product/Service | Jun 22 | Jun 21 | Jun 20 | Jun 19 | Jun 18 |
|---|---|---|---|---|---|
| Voyage charter | $463.19M | $313.92M | $708.53M | $395.44M | $308.71M |
| Time charter | - | - | - | - | $15.45M |
| Other Revenue | $6.24M | $7.98M | $13.84M | $16.35M | - |
| Finance lease interest | - | - | - | - | $701.00K |
| Other revenue | - | - | - | - | $11.58M |
Frontline's latest quarterly revenue breakdown by segment (product or service), as of Jun 22: Voyage charter (98.67%), and Other Revenue (1.33%).
Frontline Revenue Breakdown by Country
Quarterly Revenue by Country
| Country | Jun 22 | Jun 21 | Jun 20 | Jun 19 | Jun 18 |
|---|---|---|---|---|---|
| Voyage charter | $463.19M | $313.92M | $708.53M | $395.44M | $308.71M |
| Time charter | - | - | - | - | $15.45M |
| Other Revenue | $6.24M | $7.98M | $13.84M | $16.35M | - |
| Finance lease interest | - | - | - | - | $701.00K |
| Other revenue | - | - | - | - | $11.58M |
Frontline's latest quarterly revenue breakdown by geography, as of Jun 22: Voyage charter (98.67%), and Other Revenue (1.33%).
Frontline Peer Comparison by Revenue
FRO Revenue FAQ
What is Frontline’s yearly revenue?
Frontline's yearly revenue for 2023 was $1.8B, representing an increase of 26.01% compared to 2022. The company's yearly revenue for 2022 was $1.43B, representing an increase of 90.85% compared to 2021. FRO's yearly revenue for 2021 was $749.38M, representing a decrease of -38.64% compared to 2020.
What is Frontline’s quarterly revenue?
Frontline's quarterly revenue for Q1 2024 was $578.4M, a 39.37% increase from the previous quarter (Q4 2023), and a 16.30% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $415M, a 10.06% increase from the previous quarter (Q3 2023), and a -21.72% decrease year-over-year (Q4 2022). FRO's quarterly revenue for Q3 2023 was $377.08M, a -26.46% decrease from the previous quarter (Q2 2023), and a -1.33% decrease year-over-year (Q3 2022).
What is Frontline’s revenue growth rate?
Frontline's revenue growth rate for the last 3 years (2021-2023) was 140.49%, and for the last 5 years (2019-2023) was 88.25%.
What are Frontline’s revenue streams?
Frontline's revenue streams in c 23 are Voyage Charter, and Time Charter. Voyage Charter generated $1.72B in revenue, accounting 96.43% of the company's total revenue, down -35.99% year-over-year. Time Charter generated $63.77M in revenue, accounting 3.57% of the company's total revenue, down -55.59% year-over-year.
What is Frontline’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Frontline was Voyage Charter. This segment made a revenue of $1.72B, representing 96.43% of the company's total revenue.