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
DateValue
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