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| Date | Value |
|---|---|
| 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 |