FRO vs STNG vs MATX Stock Comparison

Frontline, Scorpio Tankers and Matson Prices as of Oct 23, 2026 Peers: Industry group
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FRO Frontline plc
$52.93 +11.3% 1M +117.4% 1Y
Market cap
$12.31B
P/E
8.3x
Revenue (TTM)
$2.71B
Div. yield
–
Marine Shipping Industrials
6 wins
STNG Scorpio Tankers Inc.
$85.94 +5.8% 1M +42.4% 1Y
Market cap
$4.05B
P/E
5.0x
Revenue (TTM)
$1.22B
Div. yield
–
Marine Shipping Industrials
3 wins
MATX Matson, Inc.
$228.70 +3.0% 1M +143.8% 1Y
Market cap
$6.89B
P/E
14.8x
Revenue (TTM)
$3.46B
Div. yield
0.01%
Marine Shipping Industrials
2 wins

Head to Head

11 decided of 12

Frontline leads on 6 of the 12 questions below (Frontline 6, Scorpio Tankers 3, Matson 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFROSTNGMATXLeader
Larger companyMarket capitalisation $12.31B $4.05B $6.89B FRO
Cheaper on earningsLower P/E, profitable companies only 8.3x 5.0x 14.8x STNG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 5.3x 7.4x 13.1x FRO
Faster revenue growthRevenue growth, trailing twelve months +48.8% +32.7% -0.2% FRO
More profitableNet margin, trailing twelve months 54.8% 67.2% 13.4% STNG
Better return on capitalReturn on invested capital 29.5% — 14.3% FRO
Less leveragedLower net debt / EBITDA — -1.1x 0.3x STNG
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.01% –
Better 1-year returnPrice return, last 12 months +117.4% +42.4% +143.8% MATX
Better 5-year returnAnnualised price return, 5 years +41.7%/yr +37.9%/yr +22.1%/yr FRO
Less volatileAnnualised volatility, 1 year 44.6% 36.2% 34.9% MATX
Higher overall scoreMean of the five percentile scores vs peers 81/100 75/100 46/100 FRO

Percentile Scorecard

FROSTNGMATX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFROSTNGMATX
Valuation 55 #62 of 136 82 #25 of 136 32 #93 of 136
Growth 96 #6 of 122 69 #38 of 122 25 #92 of 122
Profitability 99 #2 of 119 92 #10 of 119 60 #48 of 119
Financial Health 66 #50 of 147 93 #11 of 147 70 #45 of 147
Shareholder Returns 87 #12 of 84 37 #53 of 84 43 #48 of 84
Overall 81 75 46
  • FRO ranked among 150 companies in Transportation
  • STNG ranked among 150 companies in Transportation
  • MATX ranked among 150 companies in Transportation

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFROSTNGMATXSPY
1 month +11.3%+5.8%+3.0% -1.0%
3 months +34.7%+8.2%+8.6% +2.9%
6 months +48.7%+9.7%+32.7% +6.4%
Year to date +142.6%+69.1%+85.1% +11.4%
1 year +117.4%+42.4%+143.8% +13.1%
3 years +146.8%+52.1%+144.7% +79.4%
3 years, per year +35.2%+15.0%+34.8% +21.5%
5 years +471.0%+397.6%+171.5% +67.7%
5 years, per year +41.7%+37.9%+22.1% +10.9%
10 years +586.5%+93.6%+462.9% +255.2%
10 years, per year +21.2%+6.8%+18.9% +13.5%

Risk

MeasureFROSTNGMATXSPY
Volatility, 1Y 44.6%36.2%34.9% 12.7%
Downside volatility, 1Y 45.3%34.4%26.3% 12.7%
Beta vs S&P 500, 1Y 0.480.171.02 1.00
Return / volatility, 1Y 2.631.174.12 1.03
Max drawdown, 5Y -56.1%-61.9%-54.4% -25.4%
From 52-week high -10.6%-3.2%-3.6% -2.5%
52-week high $59.22$88.77$237.28 $779.14
52-week low $20.58$49.51$93.22 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFROSTNGMATX
P/E now vs peer median 7.9xmedian 16.0x 4.9xmedian 16.0x 14.8xmedian 16.0x
P/S now vs peer median 4.3xmedian 1.0x 3.7xmedian 1.0x 2.0xmedian 1.0x
EV/EBITDA now vs peer median —median 8.7x 3.3xmedian 8.7x 9.7xmedian 8.7x
P/FCF now vs peer median 5.8xmedian 11.5x 5.7xmedian 11.5x 61.8xmedian 11.5x
P/B now vs peer median 3.7xmedian 1.2x 1.2xmedian 1.2x 2.5xmedian 1.2x
PEG now vs peer median 0.42median 0.82 0.67median 0.82 2.47median 0.82

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFROSTNGMATX
Revenue $2.71B $1.22B $3.46B
Gross profit – $933.45M –
Operating income $1.63B $833.54M $525.00M
Net income $1.49B $816.37M $463.80M
Free cash flow $2.02B $782.87M $110.70M
EPS (diluted) $6.68 $16.68 $15.31
Cash & equivalents $321.42M $1.84B $119.30M
Total debt $2.43B $3.04B $1.39B
Shares (diluted) 222.62M 48.95M 30.30M
Enterprise value $11.07B -$124.37M $6.43B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFROSTNGMATX
P/E 7.9x 4.9x 14.8x
P/FCF 5.8x 5.7x 61.8x
P/Operating cash flow 8.7x 5.7x 11.7x
P/S 4.3x 3.7x 2.0x
P/B 3.7x 1.2x 2.5x
P/Tangible book 3.7x 1.2x 2.6x
EV/EBITDA – 3.3x 9.7x
EV/EBIT 8.5x 4.0x 13.4x
EV/Revenue 5.1x 2.7x 2.0x
EV/FCF 6.9x 4.3x 63.7x
EV/Operating cash flow 10.3x 4.3x 12.1x
PEG (3Y EPS CAGR) 0.42 0.67 2.47

Growth

14 metrics
MetricFROSTNGMATX
Revenue growth (1Y) 48.8% 32.7% -0.2%
Revenue CAGR (3Y) 12.2% -10.5% 0.6%
Gross profit growth (1Y) – 51.8% –
Gross profit CAGR (3Y) – -12.3% –
Operating income growth (1Y) 226.3% 105.6% -10.2%
Operating income CAGR (3Y) 24.1% -6.4% -2.3%
Net income growth (1Y) 524.5% 127.4% -6.1%
Net income CAGR (3Y) 21.7% -1.6% 0.4%
EPS growth (1Y) 524.5% 136.4% 0.4%
EPS CAGR (3Y) 19.0% 7.4% 6.0%
Operating cash flow growth (1Y) 116.9% 49.7% -5.5%
Operating cash flow CAGR (3Y) 17.1% -11.5% -11.0%
Free cash flow growth (1Y) 218.6% 49.7% -57.0%
Free cash flow CAGR (3Y) 20.5% -11.5% -42.1%

Profitability

14 metrics
MetricFROSTNGMATX
Gross margin – 76.8% –
EBITDA margin – 82.9% 21.0%
Operating margin 60.1% 68.6% 15.2%
Pretax margin 54.9% 67.0% 15.9%
Net margin 54.8% 67.2% 13.4%
FCF margin 74.3% 64.4% 3.2%
Operating cash flow margin 49.8% 64.4% 16.9%
Return on equity 49.6% 23.2% 16.9%
Return on assets 25.9% 18.7% 10.0%
Return on invested capital 29.5% – 14.3%
Return on capital employed 31.0% 20.7% 13.0%
Asset turnover 0.5x 0.3x 0.7x
Cash conversion (OCF / net income) 0.9x 1.0x 1.3x
Stock comp / revenue – 6.1% 0.7%

Financial Health

11 metrics
MetricFROSTNGMATX
Debt / assets 41.9% 15.7% 7.1%
Debt / equity 0.8x 0.2x 0.1x
Net debt / EBITDA – -1.1x 0.3x
Debt / FCF 1.2x 0.9x 3.0x
Liabilities / assets 45.7% 21.5% 41.2%
Equity / assets 54.3% 78.5% 58.8%
Interest coverage 8.8x 9.5x 79.5x
Current ratio 1.9x 6.9x 0.9x
Quick ratio 1.4x 6.3x 0.8x
Cash ratio 0.7x 5.6x 0.2x
Altman Z-score 4.46 4.64 3.93

Shareholder Returns

7 metrics
MetricFROSTNGMATX
Dividend yield 6.7% 2.1% 0.6%
Net buyback yield – – 3.8%
Shareholder yield 6.7% 2.1% 4.5%
Payout ratio (earnings) – – 9.6%
Payout ratio (FCF) – – 40.3%
Dividend growth (1Y) – – -0.9%
Dividend CAGR (3Y) – – -0.6%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFROSTNGMATX
Forward P/E 5.3xFY2026 7.4xFY2026 13.1xFY2026
EPS, next fiscal year $9.98FY2026 $11.60FY2026 $17.50FY2026
EPS growth, next FY +487.1%FY2026 +110.5%FY2026 +26.7%FY2026
EPS growth, the year after -49.8% -33.3% -8.5%
Revenue, next fiscal year $2.52BFY2026 $1.26BFY2026 $3.45BFY2026
Revenue growth, next FY +110.2%FY2026 +39.8%FY2026 +3.2%FY2026
Revenue growth, the year after -18.3% -19.7% +6.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFROSTNGMATX
Held by institutions 33.6% 79.3% 86.3%
Institutions holding 261 303 428
Change in shares held, QoQ +36.6% +6.1% +0.4%
Institutions buying 152 185 212
Institutions selling 74 80 134
Buyers to sellers 2.05 2.31 1.58

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FROSTNGMATX
FRO 1.00 0.72 0.25
STNG 0.72 1.00 0.22
MATX 0.25 0.22 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, FRO, STNG and MATX?

Frontline (FRO) is the largest by market capitalisation: Frontline (FRO) $12.31B, Scorpio Tankers (STNG) $4.05B, Matson (MATX) $6.89B.

Which stock is cheaper, FRO, STNG and MATX?

Scorpio Tankers (STNG) trades on the lowest price-to-earnings ratio (Frontline (FRO) 8.3x, Scorpio Tankers (STNG) 5.0x, Matson (MATX) 14.8x). On next year's consensus earnings, Frontline (FRO) is cheapest (Frontline (FRO) 5.3x, Scorpio Tankers (STNG) 7.4x, Matson (MATX) 13.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Frontline (FRO) grew revenue fastest over the trailing twelve months: Frontline (FRO) +48.8%, Scorpio Tankers (STNG) +32.7%, Matson (MATX) -0.2%.

Which company is more profitable?

Scorpio Tankers (STNG) has the highest net margin (Frontline (FRO) 54.8%, Scorpio Tankers (STNG) 67.2%, Matson (MATX) 13.4%). On return on invested capital, Frontline (FRO) leads (Frontline (FRO) 29.5%, Matson (MATX) 14.3%).

Which stock has performed better?

Over the past year Matson (MATX) returned the most: Frontline (FRO) +117.4%, Scorpio Tankers (STNG) +42.4%, Matson (MATX) +143.8%. Over five years, Frontline (FRO) compounded fastest (Frontline (FRO) +41.7%/yr, Scorpio Tankers (STNG) +37.9%/yr, Matson (MATX) +22.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Frontline (FRO) 0.00%, Scorpio Tankers (STNG) 0.00%, Matson (MATX) 0.01%. Frontline (FRO) and Scorpio Tankers (STNG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Matson (MATX) has been the steadiest (Frontline (FRO) 44.6%, Scorpio Tankers (STNG) 36.2%, Matson (MATX) 34.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FRO, STNG and MATX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Frontline (FRO) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.