Frontline (FRO) EBITDA (2009 - 2025)
Frontline (FRO) reported EBITDA of $228.0 million for Q4 2025, up 235.7% on a YoY basis from $67.9 million in Q4 2024, and up 482.42% quarter-over-quarter from $39.1 million in Q3 2025.
Frontline (FRO) EBITDA (2009 - 2025) Analysis & Trends
Frontline has reported EBITDA for 17 years, with the latest figure at $228.0 million in Q4 2025.
- For the quarter ending Q4 2025, EBITDA rose 235.7% year-over-year to $228.0 million; the trailing twelve-month figure through Dec 2025 stood at $514.3 million (up 3.5% YoY), and the FY2025 full-year result was $377.7 million, down 23.99% from the prior year.
- EBITDA for Q4 2025 stood at $228.0 million, up from $39.1 million in the prior quarter.
- The five-year high for EBITDA was $240.0 million in Q4 2022, with the low at -$33.2 million in Q3 2021.
- Historically, EBITDA has averaged $106.6 million across 5 years, with a median of $87.8 million in 2023.
- Annual changes were most pronounced in 2021 — EBITDA plunged 158.18% — and 2022, when it surged 1107.87%.
- Frontline's EBITDA stood at $19.9 million in 2021, then surged 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 soared by 235.7% to $228.0 million in 2025.
- The last three EBITDA figures came in at $228.0 million (Q4 2025), $39.1 million (Q3 2025), and $214.0 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 2.35 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.90 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.44 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 2.98 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 214.13 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.53 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 1.17 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 1.43 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 2.03 Bn |
| 10 | Frontline | 8.07 Mn | -252.48 Mn | - | 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 |