Frontline (FRO) Asset Utilization Ratio (2009 - 2025)
Frontline (FRO) posted Asset Utilization Ratio of 0.34 for Q4 2025, up 14.71% on a QoQ basis from 0.3 in Q3 2025, and up 4.54% year-over-year from 0.33 in Q4 2024.
Frontline (FRO) Asset Utilization Ratio (2009 - 2025) Analysis & Trends
Frontline's Asset Utilization Ratio history runs 17 years deep, the most recent figure standing at 0.34 for Q4 2025.
- Quarterly Asset Utilization Ratio rose 4.54% year-over-year to 0.34 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.34 (up 4.54% YoY) and the FY2025 annual result came in at 0.33, down 3.13% from the prior year.
- Asset Utilization Ratio was 0.34 for Q4 2025 at Frontline, up from 0.3 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.41 in Q3 2023 and bottomed at 0.18 in Q3 2021.
- A 5-year average of 0.29 and a median of 0.3 in 2024 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2021 — Asset Utilization Ratio plunged 48.24% — and 2023, when it surged 90.49%.
- Frontline's Asset Utilization Ratio stood at 0.19 in 2021, then jumped by 65.82% to 0.31 in 2022, then grew by 12.0% to 0.34 in 2023, then retreated by 4.62% to 0.33 in 2024, then increased by 4.54% to 0.34 in 2025.
- Business Quant data shows FRO's Asset Utilization Ratio at 0.34 in Q4 2025, 0.3 in Q3 2025, and 0.3 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 0.33 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 0.13 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 0.24 |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 0.31 |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 0.65 |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | - |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 0.49 |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 0.63 |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 0.52 |
| 10 | Frontline | 1.55 Bn | 1.29 Bn | - | 0.34 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.34 |
| Sep 30, 2025 | 0.30 |
| Jun 30, 2025 | 0.30 |
| Mar 31, 2025 | 0.31 |
| Dec 31, 2024 | 0.33 |
| Sep 30, 2024 | 0.32 |
| Jun 30, 2024 | 0.29 |
| Mar 31, 2024 | 0.30 |
| Dec 31, 2023 | 0.34 |
| Sep 30, 2023 | 0.41 |
| Jun 30, 2023 | 0.41 |
| Mar 31, 2023 | 0.36 |
| Dec 31, 2022 | 0.31 |
| Sep 30, 2022 | 0.25 |
| Jun 30, 2022 | 0.21 |
| Mar 31, 2022 | 0.19 |
| Dec 31, 2021 | 0.19 |
| Sep 30, 2021 | 0.18 |
| Jun 30, 2021 | 0.20 |
| Mar 31, 2021 | 0.26 |