Frontline (FRO) Debt Ratio (2009 - 2026)
Frontline's Debt Ratio was 0.42 in Q2 2026, down 28.7% from 0.59 a year earlier and down 9.8% from the prior quarter.
Powered by 
Analysis
Frontline (FRO) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Frontline came in at 0.53, down 11.4% from FY2024.
- In earlier years, Debt Ratio was 0.60 in FY2024 (+2.4%), 0.59 in FY2023 (+17.2%), 0.50 in FY2022 (-11.5%) and 0.57 in FY2021 (+3.3%).
- The Q2 2026 figure marks the lowest quarterly Debt Ratio since Q1 2017.
- Compared with a year earlier, Debt Ratio has declined for six straight quarters, with an average decline of 6.0% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q3 2024 (growth of 23.0%); the worst was Q2 2026 (a decline of 28.7%).
- Per Business Quant data, FRO's Debt Ratio in the three quarters before Q2 2026 was 0.46 (Q1 2026), 0.53 (Q4 2025) and 0.57 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 0.42 |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 0.36 |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 0.42 |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 0.29 |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 0.25 |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 0.36 |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 0.16 |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 0.31 |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 0.00 |
| 10 | Frontline | 10.12 Bn | 8.88 Bn | - | 0.42 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.42 |
| Mar 31, 2026 | 0.46 |
| 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 | 0.52 |
| Jun 30, 2022 | 0.53 |
| Mar 31, 2022 | 0.55 |
| Dec 31, 2021 | 0.57 |
| Sep 30, 2021 | 0.57 |
API Access
Frontline Debt Ratio 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=debt-ratio&ticker=FRO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=FRO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();