Frontline (FRO) Debt to Equity (2009 - 2025)
Frontline (FRO) posted Debt to Equity of $1.22 for Q4 2025, down 12.31% on a QoQ basis from $1.39 in Q3 2025, and down 23.64% year-over-year from $1.6 in Q4 2024.
Frontline (FRO) Debt to Equity (2009 - 2025) Analysis & Trends
Frontline (FRO) has reported Debt to Equity for 17 consecutive years, with $1.22 the latest figure, recorded in Q4 2025.
- Debt to Equity for Q4 2025 came in at $1.22, down 23.64% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.22 (down 23.64% YoY), and the FY2025 annual result was $1.22, down 23.64% from the prior year.
- Debt to Equity was $1.22 for Q4 2025 at Frontline, down from $1.39 in the prior quarter.
- Over five years, Debt to Equity peaked at $1226.8 in Q2 2022 and troughed at $1.0 in Q2 2023.
- A 5-year average of $62.64 and a median of $1.4 in 2021 frame the typical range for Debt to Equity.
- Annual changes were most pronounced in 2022 — Debt to Equity soared 89145.79% — and 2023, when it sank 99.92%.
- Year by year, Debt to Equity stood at $1.42 in 2021, then slipped by 25.31% to $1.06 in 2022, then surged by 43.5% to $1.52 in 2023, then increased by 5.44% to $1.6 in 2024, then fell by 23.64% to $1.22 in 2025.
- Per Business Quant, the three latest FRO Debt to Equity figures stand at $1.22 (Q4 2025), $1.39 (Q3 2025), and $1.52 (Q2 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 1.66 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.02 |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.12 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 2.01 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 5.85 |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.79 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 1.43 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 182.28 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 3.41 |
| 10 | Frontline | 7.75 Bn | 7.48 Bn | - | 1.22 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.22 |
| Sep 30, 2025 | 1.39 |
| Jun 30, 2025 | 1.52 |
| Mar 31, 2025 | 1.58 |
| Dec 31, 2024 | 1.60 |
| Sep 30, 2024 | 1.61 |
| Jun 30, 2024 | 1.59 |
| Mar 31, 2024 | 1.72 |
| Dec 31, 2023 | 1.52 |
| Sep 30, 2023 | 1.01 |
| Jun 30, 2023 | 1.00 |
| Mar 31, 2023 | 1.07 |
| Dec 31, 2022 | 1.06 |
| Sep 30, 2022 | 1.16 |
| Jun 30, 2022 | 1,226.80 |
| Mar 31, 2022 | 1.34 |
| Dec 31, 2021 | 1.42 |
| Sep 30, 2021 | 1.43 |
| Jun 30, 2021 | 1.37 |
| Mar 31, 2021 | 1.30 |