FRO
Frontline Ltd.
Oil & Gas Midstream
Market Cap$8.39B
5Y Perf.+312.9%
Compare Stocks
2 / 10Try these comparisons:
Stock Comparison
FRO vs TEN
Revenue, margins, valuation, and 5-year total return — side by side.
TEN
Tsakos Energy Navigation Limited
Oil & Gas Midstream
Market Cap$1.30B
5Y Perf.+223.4%
FRO vs TEN — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | FRO | TEN |
|---|---|---|
| Industry | Oil & Gas Midstream | Oil & Gas Midstream |
| Market Cap | $8.39B | $1.30B |
| Revenue (TTM) | $1.77B | $779M |
| Net Income (TTM) | $218M | $110M |
| Gross Margin | 26.5% | 33.4% |
| Operating Margin | 25.5% | 27.0% |
| Forward P/E | 5.9x | 6.4x |
| Total Debt | $3.75B | $1.76B |
| Cash & Equiv. | $414M | $348M |
FRO vs TEN — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
FRO
TEN
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Frontline Ltd. (FRO) | 100 | 412.9 | +312.9% |
| Tsakos Energy Navig… (TEN) | 100 | 323.4 | +223.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: FRO vs TEN
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: TEN leads in 4 of 7 categories, making it the strongest pick for profitability and margin quality and capital preservation and lower volatility. Frontline Ltd. is the stronger pick specifically for growth and revenue expansion and valuation and capital efficiency. As sector peers, any of these can serve as alternatives in the same allocation.
FRO
Frontline Ltd.
The Growth Play
FRO is the clearest fit if your priority is growth exposure and long-term compounding.
- Rev growth 13.8%, EPS growth -24.4%, 3Y rev CAGR 39.9%
- 5.1% 10Y total return vs TEN's 73.7%
- 13.8% revenue growth vs TEN's -9.6%
Best for: growth exposure and long-term compounding
TEN
Tsakos Energy Navigation Limited
The Income Pick
TEN carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.
- Dividend streak 2 yrs, beta 0.33, yield 5.6%
- Lower volatility, beta 0.33, Low D/E 99.8%, current ratio 1.10x
- PEG 0.09 vs FRO's 0.25
Best for: income & stability and sleep-well-at-night
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | FRO | 13.8% revenue growth vs TEN's -9.6% |
| Value | FRO | Lower P/E (5.9x vs 6.4x) |
| Quality / Margins | TEN | 14.1% margin vs FRO's 12.3% |
| Stability / Safety | TEN | Beta 0.33 vs FRO's 0.36, lower leverage |
| Dividends | TEN | 5.6% yield, 2-year raise streak, vs FRO's 5.2% |
| Momentum (1Y) | TEN | +156.6% vs FRO's +124.6% |
| Efficiency (ROA) | FRO | 3.8% ROA vs TEN's 3.0%, ROIC 10.6% vs 6.9% |
FRO vs TEN — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
FY 2024
FY 2021
FRO vs TEN — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLTENLAGGINGFRO
FROFrontline Ltd.
1leads
TENTsakos Energy Navigat…
4leads
6 Total Categories
CATEGORYLEADERvs FROMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
TEN4/6
Valuation MetricsMultiples, price ratios, and targets
TEN5/6
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
Tied
—
Total Returns1Y, 3Y, 5Y total returns with dividends
FRO4/6
Risk & VolatilityBeta, volatility, and downside exposure
TEN2/2
Analyst OutlookRatings, price targets, and dividends
TEN2/2
Income & Cash Flow (Last 12 Months)
TEN leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
FRO is the larger business by revenue, generating $1.8B annually — 2.3x TEN's $779M. Profitability is closely matched — net margins range from 14.1% (TEN) to 12.3% (FRO).
| Metric | FROFrontline Ltd. | TENTsakos Energy Nav… |
|---|---|---|
| RevenueTrailing 12 months | $1.8B | $779M |
| EBITDAEarnings before interest/tax | $781M | $327M |
| Net IncomeAfter-tax profit | $218M | $110M |
| Free Cash FlowCash after capex | $557M | -$503M |
| Gross MarginGross profit ÷ Revenue | +26.5% | +33.4% |
| Operating MarginEBIT ÷ Revenue | +25.5% | +27.0% |
| Net MarginNet income ÷ Revenue | +12.3% | +14.1% |
| FCF MarginFCF ÷ Revenue | +31.5% | -64.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | -11.8% | -9.7% |
| EPS Growth (YoY)Latest quarter vs prior year | -33.3% | -71.6% |
TEN leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
TEN leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
At 8.6x trailing earnings, TEN trades at a 49% valuation discount to FRO's 16.9x P/E. Adjusting for growth (PEG ratio), TEN offers better value at 0.11x vs FRO's 0.72x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | FROFrontline Ltd. | TENTsakos Energy Nav… |
|---|---|---|
| Market CapShares × price | $8.4B | $1.3B |
| Enterprise ValueMkt cap + debt − cash | $11.7B | $2.7B |
| Trailing P/EPrice ÷ TTM EPS | 16.91x | 8.58x |
| Forward P/EPrice ÷ next-FY EPS est. | 5.93x | 6.44x |
| PEG RatioP/E ÷ EPS growth rate | 0.72x | 0.11x |
| EV / EBITDAEnterprise value multiple | 10.46x | 6.49x |
| Price / SalesMarket cap ÷ Revenue | 4.09x | 1.62x |
| Price / BookPrice ÷ Book value/share | 3.59x | 0.72x |
| Price / FCFMarket cap ÷ FCF | — | — |
TEN leads this category, winning 5 of 6 comparable metrics.
Profitability & Efficiency
Evenly matched — FRO and TEN each lead in 4 of 8 comparable metrics.
Profitability & Efficiency
FRO delivers a 9.4% return on equity — every $100 of shareholder capital generates $9 in annual profit, vs $6 for TEN. TEN carries lower financial leverage with a 1.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to FRO's 1.60x.
| Metric | FROFrontline Ltd. | TENTsakos Energy Nav… |
|---|---|---|
| ROE (TTM)Return on equity | +9.4% | +6.2% |
| ROA (TTM)Return on assets | +3.8% | +3.0% |
| ROICReturn on invested capital | +10.6% | +6.9% |
| ROCEReturn on capital employed | +14.1% | +8.8% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 |
| Debt / EquityFinancial leverage | 1.60x | 1.00x |
| Net DebtTotal debt minus cash | $3.3B | $1.4B |
| Cash & Equiv.Liquid assets | $414M | $348M |
| Total DebtShort + long-term debt | $3.7B | $1.8B |
| Interest CoverageEBIT ÷ Interest expense | 1.87x | 2.06x |
Evenly matched — FRO and TEN each lead in 4 of 8 comparable metrics.
Total Returns (Dividends Reinvested)
FRO leads this category, winning 4 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 $47,620 for TEN. Over the past 12 months, TEN leads with a +156.6% total return vs FRO's +124.6%. The 3-year compound annual growth rate (CAGR) favors FRO at 44.3% vs TEN's 42.1% — a key indicator of consistent wealth creation.
| Metric | FROFrontline Ltd. | TENTsakos Energy Nav… |
|---|---|---|
| YTD ReturnYear-to-date | +88.2% | +99.5% |
| 1-Year ReturnPast 12 months | +124.6% | +156.6% |
| 3-Year ReturnCumulative with dividends | +200.6% | +186.7% |
| 5-Year ReturnCumulative with dividends | +471.4% | +376.2% |
| 10-Year ReturnCumulative with dividends | +506.8% | +73.7% |
| CAGR (3Y)Annualised 3-year return | +44.3% | +42.1% |
FRO leads this category, winning 4 of 6 comparable metrics.
Risk & Volatility
TEN leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
TEN is the less volatile stock with a 0.33 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. TEN currently trades 97.8% from its 52-week high vs FRO's 94.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | FROFrontline Ltd. | TENTsakos Energy Nav… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.36x | 0.33x |
| 52-Week HighHighest price in past year | $39.89 | $44.14 |
| 52-Week LowLowest price in past year | $16.25 | $17.02 |
| % of 52W HighCurrent price vs 52-week peak | +94.5% | +97.8% |
| RSI (14)Momentum oscillator 0–100 | 64.2 | 74.0 |
| Avg Volume (50D)Average daily shares traded | 4.0M | 504K |
TEN leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
TEN leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates FRO as "Hold" and TEN as "Buy". Consensus price targets imply 15.8% upside for TEN (target: $50) vs 2.1% for FRO (target: $39). For income investors, TEN offers the higher dividend yield at 5.64% vs FRO's 5.17%.
| Metric | FROFrontline Ltd. | TENTsakos Energy Nav… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $38.50 | $50.00 |
| # AnalystsCovering analysts | 22 | 26 |
| Dividend YieldAnnual dividend ÷ price | +5.2% | +5.6% |
| Dividend StreakConsecutive years of raises | 0 | 2 |
| Dividend / ShareAnnual DPS | $1.95 | $2.43 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
TEN leads this category, winning 2 of 2 comparable metrics.
Key Takeaway
TEN leads in 4 of 6 categories (Income & Cash Flow, Valuation Metrics). FRO leads in 1 (Total Returns). 1 tied.
Best OverallTsakos Energy Navigation Li… (TEN)Leads 4 of 6 categories
Loading custom metrics...
FRO vs TEN: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is FRO or TEN a better buy right now?
For growth investors, Frontline Ltd.
(FRO) is the stronger pick with 13. 8% revenue growth year-over-year, versus -9. 6% for Tsakos Energy Navigation Limited (TEN). Tsakos Energy Navigation Limited (TEN) offers the better valuation at 8. 6x trailing P/E (6. 4x forward), making it the more compelling value choice. Analysts rate Tsakos Energy Navigation Limited (TEN) a "Buy" — based on 26 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 TEN?
On trailing P/E, Tsakos Energy Navigation Limited (TEN) is the cheapest at 8.
6x 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. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Tsakos Energy Navigation Limited wins at 0. 09x versus Frontline Ltd. 's 0. 25x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — FRO or TEN?
Over the past 5 years, Frontline Ltd.
(FRO) delivered a total return of +471. 4%, compared to +376. 2% for Tsakos Energy Navigation Limited (TEN). Over 10 years, the gap is even starker: FRO returned +506. 8% versus TEN's +73. 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 TEN?
By beta (market sensitivity over 5 years), Tsakos Energy Navigation Limited (TEN) is the lower-risk stock at 0.
33β versus Frontline Ltd. 's 0. 36β — meaning FRO is approximately 7% more volatile than TEN relative to the S&P 500. On balance sheet safety, Tsakos Energy Navigation Limited (TEN) carries a lower debt/equity ratio of 100% versus 160% for Frontline Ltd. — giving it more financial flexibility in a downturn.
05Which is growing faster — FRO or TEN?
By revenue growth (latest reported year), Frontline Ltd.
(FRO) is pulling ahead at 13. 8% versus -9. 6% for Tsakos Energy Navigation Limited (TEN). On earnings-per-share growth, the picture is similar: Frontline Ltd. grew EPS -24. 4% year-over-year, compared to -44. 4% for Tsakos Energy Navigation Limited. 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 TEN?
Frontline Ltd.
(FRO) is the more profitable company, earning 24. 2% net margin versus 21. 9% for Tsakos Energy Navigation Limited — meaning it keeps 24. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FRO leads at 38. 1% versus 34. 6% for TEN. At the gross margin level — before operating expenses — FRO leads at 34. 4%, 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 TEN more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Tsakos Energy Navigation Limited (TEN) is the more undervalued stock at a PEG of 0. 09x versus Frontline Ltd. 's 0. 25x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Frontline Ltd. (FRO) trades at 5. 9x forward P/E versus 6. 4x for Tsakos Energy Navigation Limited — 0. 5x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TEN: 15. 8% to $50. 00.
08Which pays a better dividend — FRO or TEN?
All stocks in this comparison pay dividends.
Tsakos Energy Navigation Limited (TEN) offers the highest yield at 5. 6%, versus 5. 2% for Frontline Ltd. (FRO).
09Is FRO or TEN 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%, TEN: +73. 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 TEN?
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.
Revenue Growth>
%
(FRO: -11.8% · TEN: -9.7%)Net Margin>
%
(FRO: 12.3% · TEN: 14.1%)P/E Ratio<
x
(FRO: 16.9x · TEN: 8.6x)You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.