Frontline (FRO) EBITDA (2009 - 2025)
Frontline (FRO) posted EBITDA of $228.0 million for Q4 2025, up 482.42% on a QoQ basis from $39.1 million in Q3 2025, and up 235.7% year-over-year from $67.9 million in Q4 2024.
Frontline (FRO) EBITDA (2009 - 2025) Analysis & Trends
Frontline (FRO) has reported EBITDA for 17 consecutive years, with $228.0 million the latest figure, recorded in Q4 2025.
- EBITDA for Q4 2025 came in at $228.0 million, up 235.7% year-over-year; the trailing twelve-month figure through Dec 2025 was $514.3 million (up 3.5% YoY), and the FY2025 annual result was $377.7 million, down 23.99% from the prior year.
- EBITDA was $228.0 million for Q4 2025 at Frontline, up from $39.1 million in the prior quarter.
- Over five years, EBITDA peaked at $240.0 million in Q4 2022 and troughed at -$33.2 million in Q3 2021.
- A 5-year average of $106.6 million and a median of $87.8 million in 2023 frame the typical range for EBITDA.
- Annual changes were most pronounced in 2021 — EBITDA tumbled 158.18% — and 2022, when it soared 1107.87%.
- Year by year, EBITDA stood at $19.9 million in 2021, then jumped by 1107.87% to $240.0 million in 2022, then tumbled by 50.73% to $118.3 million in 2023, then plunged by 42.58% to $67.9 million in 2024, then surged by 235.7% to $228.0 million in 2025.
- Per Business Quant, the three latest FRO EBITDA figures stand at $228.0 million (Q4 2025), $39.1 million (Q3 2025), and $214.0 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 2.35 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.44 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.90 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 2.98 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 1.17 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.53 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 1.43 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 534.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 1.40 Bn |
| 10 | Frontline | 7.75 Bn | 7.48 Bn | - | 227.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 227.96 Mn |
| Sep 30, 2025 | 39.14 Mn |
| Jun 30, 2025 | 214.05 Mn |
| Mar 31, 2025 | 33.19 Mn |
| Dec 31, 2024 | 67.91 Mn |
| Sep 30, 2024 | 60.21 Mn |
| Jun 30, 2024 | 187.36 Mn |
| Mar 31, 2024 | 181.48 Mn |
| Dec 31, 2023 | 118.25 Mn |
| Sep 30, 2023 | 107.69 Mn |
| Jun 30, 2023 | 230.75 Mn |
| Mar 31, 2023 | 199.68 Mn |
| Dec 31, 2022 | 239.99 Mn |
| Sep 30, 2022 | 154.51 Mn |
| Jun 30, 2022 | 51.47 Mn |
| Mar 31, 2022 | 28.97 Mn |
| Dec 31, 2021 | 19.87 Mn |
| Sep 30, 2021 | -33.23 Mn |
| Jun 30, 2021 | -26.66 Mn |
| Mar 31, 2021 | 28.89 Mn |