Frontline (FRO) Debt Ratio (2009 - 2025)

Frontline (FRO) posted Debt Ratio of 0.53 for Q4 2025, down 6.02% on a QoQ basis from 0.57 in Q3 2025, and down 11.42% year-over-year from 0.6 in Q4 2024.

Frontline (FRO) Debt Ratio (2009 - 2025) Analysis & Trends

Frontline's Debt Ratio history runs 17 years deep, the most recent figure standing at 0.53 for Q4 2025.

  • Quarterly Debt Ratio fell 11.42% year-over-year to 0.53 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.53 (down 11.42% YoY) and the FY2025 annual result came in at 0.53, down 11.42% from the prior year.
  • Debt Ratio was 0.53 for Q4 2025 at Frontline, down from 0.57 in the prior quarter.
  • Across five years, Debt Ratio topped out at 50.23 in Q1 2022 and bottomed at 0.14 in Q2 2022.
  • A 5-year average of 5.44 and a median of 0.57 in 2021 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2022 — Debt Ratio surged 9148.69% — and 2023, when it plunged 99.0%.
  • Frontline's Debt Ratio stood at 0.57 in 2021, then declined by 11.48% to 0.5 in 2022, then increased by 17.21% to 0.59 in 2023, then increased by 2.44% to 0.6 in 2024, then fell by 11.42% to 0.53 in 2025.
  • Business Quant data shows FRO's Debt Ratio at 0.53 in Q4 2025, 0.57 in Q3 2025, and 0.59 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 0.06
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 0.70
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 0.44
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 0.47
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 0.42
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 0.39
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 0.47
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 0.70
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 0.49
10 Frontline 1.55 Bn 1.29 Bn - 0.53

Historic Data

Download Data
DateValue
Dec 31, 2025 0.53
Sep 30, 2025 0.57
Jun 30, 2025 0.59
Mar 31, 2025 0.60
Dec 31, 2024 0.60
Sep 30, 2024 0.60
Jun 30, 2024 0.60
Mar 31, 2024 0.62
Dec 31, 2023 0.59
Sep 30, 2023 0.49
Jun 30, 2023 0.49
Mar 31, 2023 0.50
Dec 31, 2022 0.50
Sep 30, 2022 49.00
Jun 30, 2022 0.14
Mar 31, 2022 50.23
Dec 31, 2021 0.57
Sep 30, 2021 0.57
Jun 30, 2021 0.56
Mar 31, 2021 0.54