Frontline (FRO) EBITDA Margin (2009 - 2025)
Frontline's (FRO) quarterly EBITDA Margin came in at 57.64% in Q4 2025, up 763.0% YoY from 6.68% in Q4 2024, and up 39.47% on a QoQ basis from 41.33% in Q3 2025.
Frontline (FRO) EBITDA Margin (2009 - 2025) Analysis & Trends
Frontline (FRO) has 17 years of EBITDA Margin data on file, last reported at 57.64% in Q4 2025.
- Quarterly EBITDA Margin rose 763.0% year-over-year to 57.64% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 47.18% (down 748.0% YoY) and the FY2025 annual result came in at 47.18%, down 748.0% from the prior year.
- EBITDA Margin grew to 57.64% in Q4 2025, from 41.33% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 61.08% in Q2 2024 to a low of 10.6% in Q3 2021.
- A 5-year average of 42.64% and a median of 45.24% in 2023 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2021 — EBITDA Margin sank 5273 bps — and 2023, when it soared 3123 bps.
- Tracing FRO's EBITDA Margin over 5 years: stood at 26.7% in 2021, then jumped by 102 bps to 53.84% in 2022, then fell by 11 bps to 47.73% in 2023, then increased by 5 bps to 50.01% in 2024, then increased by 15 bps to 57.64% in 2025.
- The last three EBITDA Margin figures came in at 57.64% (Q4 2025), 41.33% (Q3 2025), and 44.59% (Q2 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 30.06% |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 9.93% |
| 3 | Enterprise Products Partners | 83.47 Bn | 82.57 Bn | - | 12.31% |
| 4 | Energy Transfer | 72.69 Bn | 71.66 Bn | 7.40 Bn | 10.41% |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn | 0.11% |
| 6 | Oneok | 60.15 Bn | 59.99 Bn | 2.81 Bn | 13.22% |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 41.61% |
| 8 | Targa Resources | 59.51 Bn | 59.37 Bn | 2.14 Bn | 27.80% |
| 9 | Cheniere Energy | 56.09 Bn | 54.84 Bn | 5.29 Bn | 74.84% |
| 10 | Frontline | 9.43 Bn | 9.17 Bn | - | 57.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 57.64% |
| Sep 30, 2025 | 41.33% |
| Jun 30, 2025 | 44.59% |
| Mar 31, 2025 | 40.77% |
| Dec 31, 2024 | 50.01% |
| Sep 30, 2024 | 46.70% |
| Jun 30, 2024 | 61.08% |
| Mar 31, 2024 | 58.66% |
| Dec 31, 2023 | 47.73% |
| Sep 30, 2023 | 45.89% |
| Jun 30, 2023 | 60.47% |
| Mar 31, 2023 | 59.61% |
| Dec 31, 2022 | 53.84% |
| Sep 30, 2022 | 40.27% |
| Jun 30, 2022 | 33.04% |
| Mar 31, 2022 | 28.37% |
| Dec 31, 2021 | 26.70% |
| Sep 30, 2021 | 10.60% |
| Jun 30, 2021 | 14.42% |
| Mar 31, 2021 | 31.05% |