Oil & Gas Midstream
Compare Stocks
2 / 10Stock Comparison
FRO vs DHT
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Midstream
FRO vs DHT — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Oil & Gas Midstream | Oil & Gas Midstream |
| Market Cap | $8.39B | $3.05B |
| Revenue (TTM) | $1.77B | $498M |
| Net Income (TTM) | $218M | $211M |
| Gross Margin | 26.5% | 38.3% |
| Operating Margin | 25.5% | 45.1% |
| Forward P/E | 5.9x | 7.0x |
| Total Debt | $3.75B | $429M |
| Cash & Equiv. | $414M | $79M |
FRO vs DHT — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Frontline Ltd. (FRO) | 100 | 412.9 | +312.9% |
| DHT Holdings, Inc. (DHT) | 100 | 318.9 | +218.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: FRO vs DHT
Each card shows where this stock fits in a portfolio — not just who wins on paper.
FRO carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 0 yrs, beta 0.36, yield 5.2%
- Rev growth 13.8%, EPS growth -24.4%, 3Y rev CAGR 39.9%
- 5.1% 10Y total return vs DHT's 334.7%
DHT is the clearest fit if your priority is sleep-well-at-night and defensive.
- Lower volatility, beta 0.27, Low D/E 37.8%, current ratio 2.80x
- Beta 0.27, yield 3.9%, current ratio 2.80x
- 42.4% margin vs FRO's 12.3%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 13.8% revenue growth vs DHT's -13.0% | |
| Value | Lower P/E (5.9x vs 7.0x) | |
| Quality / Margins | 42.4% margin vs FRO's 12.3% | |
| Stability / Safety | Beta 0.27 vs FRO's 0.36, lower leverage | |
| Dividends | 5.2% yield, vs DHT's 3.9% | |
| Momentum (1Y) | +124.6% vs DHT's +77.4% | |
| Efficiency (ROA) | 14.3% ROA vs FRO's 3.8%, ROIC 8.9% vs 10.6% |
FRO vs DHT — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
FRO vs DHT — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
DHT leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
FRO is the larger business by revenue, generating $1.8B annually — 3.5x DHT's $498M. DHT is the more profitable business, keeping 42.4% of every revenue dollar as net income compared to FRO's 12.3%. On growth, DHT holds the edge at +9.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $1.8B | $498M |
| EBITDAEarnings before interest/tax | $781M | $331M |
| Net IncomeAfter-tax profit | $218M | $211M |
| Free Cash FlowCash after capex | $557M | -$33M |
| Gross MarginGross profit ÷ Revenue | +26.5% | +38.3% |
| Operating MarginEBIT ÷ Revenue | +25.5% | +45.1% |
| Net MarginNet income ÷ Revenue | +12.3% | +42.4% |
| FCF MarginFCF ÷ Revenue | +31.5% | -6.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | -11.8% | +9.5% |
| EPS Growth (YoY)Latest quarter vs prior year | -33.3% | +20.6% |
Valuation Metrics
FRO leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
At 14.5x trailing earnings, DHT trades at a 14% valuation discount to FRO's 16.9x P/E. On an enterprise value basis, FRO's 10.5x EV/EBITDA is more attractive than DHT's 12.3x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $8.4B | $3.1B |
| Enterprise ValueMkt cap + debt − cash | $11.7B | $3.4B |
| Trailing P/EPrice ÷ TTM EPS | 16.91x | 14.46x |
| Forward P/EPrice ÷ next-FY EPS est. | 5.93x | 6.99x |
| PEG RatioP/E ÷ EPS growth rate | 0.72x | — |
| EV / EBITDAEnterprise value multiple | 10.46x | 12.31x |
| Price / SalesMarket cap ÷ Revenue | 4.09x | 6.13x |
| Price / BookPrice ÷ Book value/share | 3.59x | 2.69x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
DHT leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
DHT delivers a 19.3% return on equity — every $100 of shareholder capital generates $19 in annual profit, vs $9 for FRO. DHT carries lower financial leverage with a 0.38x debt-to-equity ratio, signaling a more conservative balance sheet compared to FRO's 1.60x. On the Piotroski fundamental quality scale (0–9), DHT scores 7/9 vs FRO's 5/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +9.4% | +19.3% |
| ROA (TTM)Return on assets | +3.8% | +14.3% |
| ROICReturn on invested capital | +10.6% | +8.9% |
| ROCEReturn on capital employed | +14.1% | +11.7% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 7 |
| Debt / EquityFinancial leverage | 1.60x | 0.38x |
| Net DebtTotal debt minus cash | $3.3B | $350M |
| Cash & Equiv.Liquid assets | $414M | $79M |
| Total DebtShort + long-term debt | $3.7B | $429M |
| Interest CoverageEBIT ÷ Interest expense | 1.87x | 15.92x |
Total Returns (Dividends Reinvested)
FRO leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in FRO five years ago would be worth $57,145 today (with dividends reinvested), compared to $38,557 for DHT. Over the past 12 months, FRO leads with a +124.6% total return vs DHT's +77.4%. The 3-year compound annual growth rate (CAGR) favors FRO at 44.3% vs DHT's 38.7% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +88.2% | +64.8% |
| 1-Year ReturnPast 12 months | +124.6% | +77.4% |
| 3-Year ReturnCumulative with dividends | +200.6% | +166.9% |
| 5-Year ReturnCumulative with dividends | +471.4% | +285.6% |
| 10-Year ReturnCumulative with dividends | +506.8% | +334.7% |
| CAGR (3Y)Annualised 3-year return | +44.3% | +38.7% |
Risk & Volatility
Evenly matched — FRO and DHT each lead in 1 of 2 comparable metrics.
Risk & Volatility
DHT is the less volatile stock with a 0.27 beta — it tends to amplify market swings less than FRO's 0.36 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.36x | 0.27x |
| 52-Week HighHighest price in past year | $39.89 | $20.55 |
| 52-Week LowLowest price in past year | $16.25 | $10.61 |
| % of 52W HighCurrent price vs 52-week peak | +94.5% | +92.2% |
| RSI (14)Momentum oscillator 0–100 | 64.2 | 61.1 |
| Avg Volume (50D)Average daily shares traded | 4.0M | 4.7M |
Analyst Outlook
FRO leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates FRO as "Hold" and DHT as "Buy". Consensus price targets imply 2.1% upside for FRO (target: $39) vs -5.0% for DHT (target: $18). For income investors, FRO offers the higher dividend yield at 5.17% vs DHT's 3.91%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $38.50 | $18.00 |
| # AnalystsCovering analysts | 22 | 16 |
| Dividend YieldAnnual dividend ÷ price | +5.2% | +3.9% |
| Dividend StreakConsecutive years of raises | 0 | 0 |
| Dividend / ShareAnnual DPS | $1.95 | $0.74 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
FRO leads in 3 of 6 categories (Valuation Metrics, Total Returns). DHT leads in 2 (Income & Cash Flow, Profitability & Efficiency). 1 tied.
FRO vs DHT: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is FRO or DHT a better buy right now?
For growth investors, Frontline Ltd.
(FRO) is the stronger pick with 13. 8% revenue growth year-over-year, versus -13. 0% for DHT Holdings, Inc. (DHT). DHT Holdings, Inc. (DHT) offers the better valuation at 14. 5x trailing P/E (7. 0x forward), making it the more compelling value choice. Analysts rate DHT Holdings, Inc. (DHT) a "Buy" — based on 16 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — FRO or DHT?
On trailing P/E, DHT Holdings, Inc.
(DHT) is the cheapest at 14. 5x versus Frontline Ltd. at 16. 9x. On forward P/E, Frontline Ltd. is actually cheaper at 5. 9x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — FRO or DHT?
Over the past 5 years, Frontline Ltd.
(FRO) delivered a total return of +471. 4%, compared to +285. 6% for DHT Holdings, Inc. (DHT). Over 10 years, the gap is even starker: FRO returned +506. 8% versus DHT's +334. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — FRO or DHT?
By beta (market sensitivity over 5 years), DHT Holdings, Inc.
(DHT) is the lower-risk stock at 0. 27β versus Frontline Ltd. 's 0. 36β — meaning FRO is approximately 31% more volatile than DHT relative to the S&P 500. On balance sheet safety, DHT Holdings, Inc. (DHT) carries a lower debt/equity ratio of 38% versus 160% for Frontline Ltd. — giving it more financial flexibility in a downturn.
05Which is growing faster — FRO or DHT?
By revenue growth (latest reported year), Frontline Ltd.
(FRO) is pulling ahead at 13. 8% versus -13. 0% for DHT Holdings, Inc. (DHT). On earnings-per-share growth, the picture is similar: DHT Holdings, Inc. grew EPS 17. 0% year-over-year, compared to -24. 4% for Frontline Ltd.. Over a 3-year CAGR, FRO leads at 39. 9% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — FRO or DHT?
DHT Holdings, Inc.
(DHT) is the more profitable company, earning 42. 5% net margin versus 24. 2% for Frontline Ltd. — meaning it keeps 42. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FRO leads at 38. 1% versus 34. 2% for DHT. At the gross margin level — before operating expenses — DHT leads at 38. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is FRO or DHT more undervalued right now?
On forward earnings alone, Frontline Ltd.
(FRO) trades at 5. 9x forward P/E versus 7. 0x for DHT Holdings, Inc. — 1. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for FRO: 2. 1% to $38. 50.
08Which pays a better dividend — FRO or DHT?
All stocks in this comparison pay dividends.
Frontline Ltd. (FRO) offers the highest yield at 5. 2%, versus 3. 9% for DHT Holdings, Inc. (DHT).
09Is FRO or DHT better for a retirement portfolio?
For long-horizon retirement investors, Frontline Ltd.
(FRO) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 36), 5. 2% yield, +506. 8% 10Y return). Both have compounded well over 10 years (FRO: +506. 8%, DHT: +334. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between FRO and DHT?
Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.