Invesaro

Stocks Comparison

Frontline vs Star Bulk Carriers: revenue, profit, margins and growth compared

Frontline brought in $2B of revenue in fiscal 2025, Star Bulk Carriers $1B in fiscal 2025. Revenue changed by -8.8% at Frontline and -17.6% at Star Bulk Carriers on the year before, so Frontline grew faster. Frontline kept 19.2% of its revenue as net profit, Star Bulk Carriers 8.1%. Free cash flow was $669.9M at Frontline and $211.9M at Star Bulk Carriers.

Side by side, latest fiscal year

FROSBLK
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2B$1B
Revenue growth-8.8%-17.6%
Net income$379.1M$84.2M
Net margin19.2%8.1%
Free cash flow$669.9M$211.9M
Free cash flow margin34.0%20.3%
Earnings per share (diluted)$1.70$0.73
Cash$251.3M$488.5M
Debt$3.1Bn/a
Price to earningsn/an/a
Market value$10.6B$3.3B
Dividend yieldn/an/a
Rank by revenue in sector#356 of 778 · Consumer discretionary#454 of 778 · Consumer discretionary

Over the years

Revenue
FRO FY2018: $742.3MFRO FY2019: $957.3MFRO FY2020: $1.2BFRO FY2021: $753.4MFRO FY2022: $1.4BFRO FY2023: $1.8BFRO FY2024: $2.2BFRO FY2025: $2BSBLK FY2018: $651.6MSBLK FY2019: $821.4MSBLK FY2020: $693.2MSBLK FY2021: $1.4BSBLK FY2022: $1.4BSBLK FY2023: $949.3MSBLK FY2024: $1.3BSBLK FY2025: $1BFY18FY19FY20FY21FY22FY23FY24FY25
FRO $2BSBLK $1B
Net income
FRO FY2018: -$8.9MFRO FY2019: $140MFRO FY2020: $412.9MFRO FY2021: -$11.1MFRO FY2022: $475.5MFRO FY2023: $656.4MFRO FY2024: $495.6MFRO FY2025: $379.1MSBLK FY2018: $58.4MSBLK FY2019: -$16.2MSBLK FY2020: $9.7MSBLK FY2021: $680.5MSBLK FY2022: $566MSBLK FY2023: $173.6MSBLK FY2024: $304.7MSBLK FY2025: $84.2MFY18FY19FY20FY21FY22FY23FY24FY25
FRO $379.1MSBLK $84.2M
Net margin
FRO FY2018: -1.2%FRO FY2019: 14.6%FRO FY2020: 33.8%FRO FY2021: -1.5%FRO FY2022: 33.1%FRO FY2023: 35.9%FRO FY2024: 22.9%FRO FY2025: 19.2%SBLK FY2018: 9.0%SBLK FY2019: -2.0%SBLK FY2020: 1.4%SBLK FY2021: 47.7%SBLK FY2022: 39.4%SBLK FY2023: 18.3%SBLK FY2024: 24.1%SBLK FY2025: 8.1%FY18FY19FY20FY21FY22FY23FY24FY25
FRO 19.2%SBLK 8.1%
Revenue growth
FRO FY2019: +29.0%FRO FY2020: +27.6%FRO FY2021: -38.3%FRO FY2022: +90.9%FRO FY2023: +27.0%FRO FY2024: +18.4%FRO FY2025: -8.8%SBLK FY2019: +26.1%SBLK FY2020: -15.6%SBLK FY2021: +105.9%SBLK FY2022: +0.7%SBLK FY2023: -33.9%SBLK FY2024: +33.3%SBLK FY2025: -17.6%FY19FY20FY21FY22FY23FY24FY25
FRO -8.8%SBLK -17.6%
Free cash flow
FRO FY2021: -$410.8MFRO FY2022: $49.5MFRO FY2023: -$775.2MFRO FY2024: -$178.8MFRO FY2025: $669.9MSBLK FY2018: -$159.6MSBLK FY2019: -$258.6MSBLK FY2020: $98.5MSBLK FY2021: $636.9MSBLK FY2022: $744.5MSBLK FY2023: $317.7MSBLK FY2024: $416.1MSBLK FY2025: $211.9MFY18FY19FY20FY21FY22FY23FY24FY25
FRO $669.9MSBLK $211.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about Frontline and Star Bulk Carriers

Which is bigger by revenue, Frontline or Star Bulk Carriers?

Frontline is bigger by revenue: $2B in fiscal 2025, against $1B for Star Bulk Carriers in fiscal 2025.

Which keeps more of its revenue as profit, Frontline or Star Bulk Carriers?

Frontline had a net margin of 19.2% in fiscal 2025; Star Bulk Carriers had 8.1% in fiscal 2025.

Which grew revenue faster, Frontline or Star Bulk Carriers?

In their latest fiscal years revenue changed by -8.8% at Frontline and -17.6% at Star Bulk Carriers.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies