Frontline (FRO) Equity Average (2009 - 2025)
Frontline (FRO) reported Equity Average of $2.4 billion for Q4 2025, up 3.16% on a YoY basis from $2.3 billion in Q4 2024, and up 3.08% quarter-over-quarter from $2.3 billion in Q3 2025.
Frontline (FRO) Equity Average (2009 - 2025) Analysis & Trends
Frontline has reported Equity Average for 17 years, with the latest figure at $2.4 billion in Q4 2025.
- For the quarter ending Q4 2025, Equity Average rose 3.16% year-over-year to $2.4 billion; the trailing twelve-month figure through Dec 2025 stood at $2.4 billion (up 3.16% YoY), and the FY2025 full-year result was $2.4 billion, up 5.05% from the prior year.
- Equity Average for Q4 2025 stood at $2.4 billion, up from $2.3 billion in the prior quarter.
- The five-year high for Equity Average was $3.4 billion in Q3 2023, with the low at $836.5 million in Q2 2022.
- Historically, Equity Average has averaged $2.1 billion across 5 years, with a median of $2.3 billion in 2023.
- Annual changes were most pronounced in 2022 — Equity Average slumped 48.59% — and 2023, when it soared 235.19%.
- Frontline's Equity Average stood at $1.6 billion in 2021, then soared by 32.77% to $2.1 billion in 2022, then surged by 57.94% to $3.4 billion in 2023, then slumped by 30.67% to $2.3 billion in 2024, then rose by 3.16% to $2.4 billion in 2025.
- The last three Equity Average figures came in at $2.4 billion (Q4 2025), $2.3 billion (Q3 2025), and $2.3 billion (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 47.06 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 30.04 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 31.89 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 41.74 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 14.30 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 3.23 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 22.51 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 19.76 Bn |
| 10 | Frontline | 8.07 Mn | -252.48 Mn | - | 2.42 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.42 Bn |
| Sep 30, 2025 | 2.35 Bn |
| Jun 30, 2025 | 2.35 Bn |
| Mar 31, 2025 | 2.33 Bn |
| Dec 31, 2024 | 2.34 Bn |
| Sep 30, 2024 | 2.39 Bn |
| Jun 30, 2024 | 2.40 Bn |
| Mar 31, 2024 | 2.33 Bn |
| Dec 31, 2023 | 3.38 Bn |
| Sep 30, 2023 | 3.39 Bn |
| Jun 30, 2023 | 2.26 Bn |
| Mar 31, 2023 | 2.24 Bn |
| Dec 31, 2022 | 2.14 Bn |
| Sep 30, 2022 | 1.01 Bn |
| Jun 30, 2022 | 836.45 Mn |
| Mar 31, 2022 | 1.66 Bn |
| Dec 31, 2021 | 1.61 Bn |
| Sep 30, 2021 | 1.60 Bn |
| Jun 30, 2021 | 1.63 Bn |
| Mar 31, 2021 | 1.62 Bn |