Frontline (FRO) EBITDA (2009 - 2025)
Frontline's (FRO) quarterly EBITDA came in at $359.9 million in Q4 2025, up 69.09% YoY from $212.9 million in Q4 2024, and up 101.31% on a QoQ basis from $178.8 million in Q3 2025.
Frontline (FRO) EBITDA (2009 - 2025) Analysis & Trends
Frontline (FRO) has 17 years of EBITDA data on file, last reported at $359.9 million in Q4 2025.
- Quarterly EBITDA rose 69.09% year-over-year to $359.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $927.2 million (down 17.27% YoY) and the FY2025 annual result came in at $927.2 million, down 17.27% from the prior year.
- EBITDA rose to $359.9 million in Q4 2025, from $178.8 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $359.9 million in Q4 2025 to a low of $18.2 million in Q3 2021.
- A 5-year average of $189.3 million and a median of $188.4 million in 2023 frame the typical range for EBITDA.
- Annual changes were most pronounced in 2021 — EBITDA slumped 90.57% — and 2022, when it soared 744.81%.
- Tracing FRO's EBITDA over 5 years: stood at $57.0 million in 2021, then jumped by 400.58% to $285.4 million in 2022, then plunged by 30.61% to $198.1 million in 2023, then rose by 7.47% to $212.9 million in 2024, then surged by 69.09% to $359.9 million in 2025.
- The last three EBITDA figures came in at $359.9 million (Q4 2025), $178.8 million (Q3 2025), and $214.0 million (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.04 Bn | 113.17 Bn | 3.07 Bn | 1.35 Bn |
| 2 | Enbridge | 111.19 Bn | 111.69 Bn | 5.23 Bn | 2.10 Bn |
| 3 | Enterprise Products Partners | 83.98 Bn | 83.12 Bn | - | 2.25 Bn |
| 4 | Energy Transfer | 72.48 Bn | 71.45 Bn | 7.40 Bn | 3.57 Bn |
| 5 | Tc Energy | 66.71 Bn | 66.18 Bn | 1.24 Bn | 1.45 Mn |
| 6 | Mplx | 60.30 Bn | 59.27 Bn | 2.73 Bn | 1.38 Bn |
| 7 | Oneok | 59.88 Bn | 59.82 Bn | 2.81 Bn | 1.59 Bn |
| 8 | Targa Resources | 59.14 Bn | 59.14 Bn | 2.14 Bn | 1.23 Bn |
| 9 | Cheniere Energy | 56.12 Bn | 60.17 Bn | 5.29 Bn | 4.29 Bn |
| 10 | Frontline | 9.17 Bn | 8.91 Bn | - | 359.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 359.94 Mn |
| Sep 30, 2025 | 178.80 Mn |
| Jun 30, 2025 | 214.05 Mn |
| Mar 31, 2025 | 174.43 Mn |
| Dec 31, 2024 | 212.86 Mn |
| Sep 30, 2024 | 228.97 Mn |
| Jun 30, 2024 | 339.63 Mn |
| Mar 31, 2024 | 339.28 Mn |
| Dec 31, 2023 | 198.07 Mn |
| Sep 30, 2023 | 173.03 Mn |
| Jun 30, 2023 | 310.07 Mn |
| Mar 31, 2023 | 296.44 Mn |
| Dec 31, 2022 | 285.42 Mn |
| Sep 30, 2022 | 153.89 Mn |
| Jun 30, 2022 | 99.27 Mn |
| Mar 31, 2022 | 61.69 Mn |
| Dec 31, 2021 | 57.02 Mn |
| Sep 30, 2021 | 18.22 Mn |
| Jun 30, 2021 | 24.52 Mn |
| Mar 31, 2021 | 60.23 Mn |