FRO vs TNK vs KEX Stock Comparison

Frontline, Teekay Tankers and Kirby Prices as of Oct 26, 2026 Peers: Industry group
FRO Frontline plc
$55.22 +15.7% 1M +134.6% 1Y
Market cap
$11.97B
P/E
8.1x
Revenue (TTM)
$2.71B
Div. yield
–
Marine Shipping Industrials
6 wins
TNK Teekay Tankers Ltd.
$100.95 +7.3% 1M +71.7% 1Y
Market cap
$3.39B
P/E
5.7x
Revenue (TTM)
$1.15B
Div. yield
–
Marine Shipping Industrials
3 wins
KEX Kirby Corp
$134.74 +4.5% 1M +55.1% 1Y
Market cap
$7.33B
P/E
20.6x
Revenue (TTM)
$3.49B
Div. yield
–
Marine Shipping Industrials
1 win

Head to Head

10 decided of 12

Frontline leads on 6 of the 12 questions below (Frontline 6, Teekay Tankers 3, Kirby 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFROTNKKEXLeader
Larger companyMarket capitalisation $11.97B $3.39B $7.33B FRO
Cheaper on earningsLower P/E, profitable companies only 8.1x 5.7x 20.6x TNK
Cheaper on forward earningsLower price / next fiscal year consensus EPS 5.5x 5.4x 19.6x TNK
Faster revenue growthRevenue growth, trailing twelve months +48.8% +15.6% +6.6% FRO
More profitableNet margin, trailing twelve months 54.8% 51.3% 10.2% FRO
Better return on capitalReturn on invested capital 29.5% — 8.3% FRO
Less leveragedLower net debt / EBITDA — — 1.3x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +134.6% +71.7% +55.1% FRO
Better 5-year returnAnnualised price return, 5 years +43.8%/yr +49.3%/yr +19.4%/yr TNK
Less volatileAnnualised volatility, 1 year 44.7% 39.3% 29.0% KEX
Higher overall scoreMean of the five percentile scores vs peers 80/100 69/100 64/100 FRO

Percentile Scorecard

FROTNKKEX

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

AxisFROTNKKEX
Valuation 50 #68 of 136 76 #34 of 136 42 #80 of 136
Growth 96 #6 of 122 70 #37 of 122 79 #26 of 122
Profitability 99 #2 of 116 95 #7 of 116 53 #55 of 116
Financial Health 66 #49 of 144 98 #4 of 144 64 #52 of 144
Shareholder Returns 88 #11 of 82 6 #77 of 82 80 #17 of 82
Overall 80 69 64
  • FRO ranked among 150 companies in Transportation
  • TNK ranked among 150 companies in Transportation
  • KEX ranked among 150 companies in Transportation

Price Performance

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

Returns

PeriodFROTNKKEXSPY
1 month +15.7%+7.3%+4.5% -0.8%
3 months +43.1%+32.9%-7.1% +3.5%
6 months +53.4%+29.9%-11.6% +7.0%
Year to date +153.1%+89.0%+22.3% +12.2%
1 year +134.6%+71.7%+55.1% +13.0%
3 years +148.0%+106.5%+80.4% +86.3%
3 years, per year +35.4%+27.4%+21.7% +23.1%
5 years +513.6%+640.6%+142.3% +68.6%
5 years, per year +43.8%+49.3%+19.4% +11.0%
10 years +644.2%+415.1%+142.1% +258.0%
10 years, per year +22.2%+17.8%+9.2% +13.6%

Risk

MeasureFROTNKKEXSPY
Volatility, 1Y 44.7%39.3%29.0% 12.7%
Downside volatility, 1Y 45.2%40.2%27.1% 12.7%
Beta vs S&P 500, 1Y 0.520.190.55 1.00
Return / volatility, 1Y 3.011.821.90 1.02
Max drawdown, 5Y -56.1%-53.2%-38.8% -25.4%
From 52-week high -6.8%-6.9%-11.7% -1.8%
52-week high $59.22$108.49$152.59 $779.14
52-week low $20.58$51.50$88.64 $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.

MultipleFROTNKKEX
P/E now vs peer median 8.3xmedian 16.1x 5.9xmedian 16.1x 20.2xmedian 16.1x
P/S now vs peer median 4.5xmedian 1.0x 3.0xmedian 1.0x 2.0xmedian 1.0x
EV/EBITDA now vs peer median —median 8.7x 3.6xmedian 8.7x 10.6xmedian 8.7x
P/FCF now vs peer median 6.1xmedian 11.5x 10.7xmedian 11.5x 15.0xmedian 11.5x
P/B now vs peer median 3.9xmedian 1.2x 1.5xmedian 1.2x 2.1xmedian 1.2x
PEG now vs peer median 0.44median 0.81 1.80median 0.81 0.64median 0.81

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 monthsFROTNKKEX
Revenue $2.71B $1.15B $3.49B
Gross profit – $866.07M $1.16B
Operating income $1.63B $549.35M $488.92M
Net income $1.49B $592.00M $355.89M
Free cash flow $2.02B $326.32M $475.58M
EPS (diluted) $6.68 $17.02 $6.62
Cash & equivalents $321.42M $735.01M $38.96M
Total debt $2.43B – $1.04B
Shares (diluted) 222.62M 34.78M 53.70M
Enterprise value $10.73B -$440.61M $7.11B

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
MetricFROTNKKEX
P/E 8.3x 5.9x 20.2x
P/FCF 6.1x 10.7x 15.0x
P/Operating cash flow 9.1x 6.5x 10.0x
P/S 4.5x 3.0x 2.0x
P/B 3.9x 1.5x 2.1x
P/Tangible book 3.9x 1.5x 2.1x
EV/EBITDA – 3.6x 10.6x
EV/EBIT 8.8x 4.1x 16.6x
EV/Revenue 5.3x 2.0x 2.3x
EV/FCF 7.1x 7.0x 17.1x
EV/Operating cash flow 10.6x 4.2x 11.4x
PEG (3Y EPS CAGR) 0.44 1.80 0.64

Growth

14 metrics
MetricFROTNKKEX
Revenue growth (1Y) 48.8% 15.6% 6.6%
Revenue CAGR (3Y) 12.2% -6.5% 5.1%
Gross profit growth (1Y) – 34.7% 5.0%
Gross profit CAGR (3Y) – -1.4% 11.8%
Operating income growth (1Y) 226.3% 112.9% 18.0%
Operating income CAGR (3Y) 24.1% -1.3% 22.6%
Net income growth (1Y) 524.5% 109.7% 17.2%
Net income CAGR (3Y) 21.7% 3.0% 26.8%
EPS growth (1Y) 524.5% 109.3% 23.2%
EPS CAGR (3Y) 19.0% 3.3% 31.6%
Operating cash flow growth (1Y) 116.9% 70.6% 21.4%
Operating cash flow CAGR (3Y) 17.1% -1.7% 18.5%
Free cash flow growth (1Y) 218.6% 8.6% 82.1%
Free cash flow CAGR (3Y) 20.5% -15.9% 43.3%

Profitability

14 metrics
MetricFROTNKKEX
Gross margin – 75.1% 33.2%
EBITDA margin – 55.1% 21.8%
Operating margin 60.1% 47.6% 14.0%
Pretax margin 54.9% 51.9% 13.5%
Net margin 54.8% 51.3% 10.2%
FCF margin 74.3% 28.3% 13.6%
Operating cash flow margin 49.8% 46.9% 20.3%
Return on equity 49.6% 25.9% 10.4%
Return on assets 25.9% 23.8% 5.8%
Return on invested capital 29.5% – 8.3%
Return on capital employed 31.0% 23.4% 9.0%
Asset turnover 0.5x 0.5x 0.6x
Cash conversion (OCF / net income) 0.9x 0.9x 2.0x
Stock comp / revenue – – 0.5%

Financial Health

11 metrics
MetricFROTNKKEX
Debt / assets 41.9% – 16.7%
Debt / equity 0.8x – 0.3x
Net debt / EBITDA – – 1.3x
Debt / FCF 1.2x – 2.2x
Liabilities / assets 45.7% 8.3% 44.6%
Equity / assets 54.3% 91.7% 55.4%
Interest coverage 8.8x 208.7x 11.0x
Current ratio 1.9x 10.0x 1.7x
Quick ratio 1.4x 8.8x 1.0x
Cash ratio 0.7x 8.2x 0.1x
Altman Z-score 4.57 12.01 3.24

Shareholder Returns

7 metrics
MetricFROTNKKEX
Dividend yield 6.5% 1.0% –
Net buyback yield – 0.0% 4.6%
Shareholder yield 6.5% 1.0% 4.6%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

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.

ConsensusFROTNKKEX
Forward P/E 5.5xFY2026 5.4xFY2026 19.6xFY2026
EPS, next fiscal year $9.98FY2026 $18.53FY2026 $6.86FY2026
EPS growth, next FY +487.1%FY2026 +166.2%FY2026 +8.4%FY2026
EPS growth, the year after -49.8% -30.0% +29.0%
Revenue, next fiscal year $2.52BFY2026 $1.14BFY2026 $3.49BFY2026
Revenue growth, next FY +110.2%FY2026 +124.7%FY2026 +4.0%FY2026
Revenue growth, the year after -18.3% -27.2% +4.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFROTNKKEX
Held by institutions 33.6% 57.2% 99.6%
Institutions holding 261 240 464
Change in shares held, QoQ +36.6% -4.7% -0.1%
Institutions buying 152 141 252
Institutions selling 74 70 145
Buyers to sellers 2.05 2.01 1.74

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.

FROTNKKEX
FRO 1.00 0.82 0.14
TNK 0.82 1.00 0.15
KEX 0.14 0.15 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FRO, TNK and KEX?

Frontline (FRO) is the largest by market capitalisation: Frontline (FRO) $11.97B, Teekay Tankers (TNK) $3.39B, Kirby (KEX) $7.33B.

Which stock is cheaper, FRO, TNK and KEX?

Teekay Tankers (TNK) trades on the lowest price-to-earnings ratio (Frontline (FRO) 8.1x, Teekay Tankers (TNK) 5.7x, Kirby (KEX) 20.6x). On next year's consensus earnings, Teekay Tankers (TNK) is cheapest (Frontline (FRO) 5.5x, Teekay Tankers (TNK) 5.4x, Kirby (KEX) 19.6x). 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%, Teekay Tankers (TNK) +15.6%, Kirby (KEX) +6.6%.

Which company is more profitable?

Frontline (FRO) has the highest net margin (Frontline (FRO) 54.8%, Teekay Tankers (TNK) 51.3%, Kirby (KEX) 10.2%). On return on invested capital, Frontline (FRO) leads (Frontline (FRO) 29.5%, Kirby (KEX) 8.3%).

Which stock has performed better?

Over the past year Frontline (FRO) returned the most: Frontline (FRO) +134.6%, Teekay Tankers (TNK) +71.7%, Kirby (KEX) +55.1%. Over five years, Teekay Tankers (TNK) compounded fastest (Frontline (FRO) +43.8%/yr, Teekay Tankers (TNK) +49.3%/yr, Kirby (KEX) +19.4%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Kirby (KEX) has been the steadiest (Frontline (FRO) 44.7%, Teekay Tankers (TNK) 39.3%, Kirby (KEX) 29.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FRO, TNK and KEX?

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.