Frontline (FRO) Cash from Operations (2009 - 2026)
Frontline (FRO) recorded Cash from Operations of $579.49 million in Q2 2026, up 277.4% from $153.55 million a year earlier and up 51.5% from the prior quarter.
Frontline (FRO) Cash from Operations (2009 - 2026) Analysis & Trends
On a TTM basis, Frontline's Cash from Operations came in at $1.35 billion as of Jun 30, 2026, up 116.9% year-over-year; for FY2025, it was $682.46 million, down 7.3% from FY2024.
- Annual Cash from Operations has a five-year compound annual growth rate of 2.5% (FY2020 to FY2025).
- Across earlier years, Cash from Operations came in at $736.41 million in FY2024 (-14.0%), $856.18 million in FY2023 (+122.2%), $385.33 million in FY2022 (+351.9%) and $85.26 million in FY2021 (-85.9%).
- The Q2 2026 figure is the highest quarterly Cash from Operations in data going back to Q1 2009.
- On a year-over-year basis, Cash from Operations has increased for three consecutive quarters, with growth averaging 60.5% over the last eight quarters.
- Peak year-over-year performance for Cash from Operations in the last five years was growth of 770.7% in Q4 2022, against a decline of 54.3% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $382.5 million (Q1 2026), $283.35 million (Q4 2025) and $107.63 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | 3.08 Bn |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | 1.33 Bn |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | 1.25 Bn |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | 859.00 Mn |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | 1.05 Bn |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | 3.27 Bn |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | 1.60 Bn |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | 272.70 Mn |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | - |
| 10 | Frontline | 10.89 Bn | 9.65 Bn | - | 579.49 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 579.49 Mn |
| Mar 31, 2026 | 382.50 Mn |
| Dec 31, 2025 | 283.35 Mn |
| Sep 30, 2025 | 107.63 Mn |
| Jun 30, 2025 | 153.55 Mn |
| Mar 31, 2025 | 137.93 Mn |
| Dec 31, 2024 | 167.85 Mn |
| Sep 30, 2024 | 164.55 Mn |
| Jun 30, 2024 | 232.68 Mn |
| Mar 31, 2024 | 171.33 Mn |
| Dec 31, 2023 | 100.49 Mn |
| Sep 30, 2023 | 202.53 Mn |
| Jun 30, 2023 | 283.14 Mn |
| Mar 31, 2023 | 270.01 Mn |
| Dec 31, 2022 | 219.75 Mn |
| Sep 30, 2022 | 68.64 Mn |
| Jun 30, 2022 | 65.17 Mn |
| Mar 31, 2022 | 19.94 Mn |
| Dec 31, 2021 | 25.24 Mn |
| Sep 30, 2021 | -3.53 Mn |
Frontline Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=FRO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "FRO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=FRO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();