Frontline (FRO) EV to EBITDA (2009 - 2026)
Frontline's (FRO) quarterly EV to EBITDA came in at 9.99 in Q2 2026, up 100.98% on a YoY basis from 4.97 in Q2 2025, and down 9.37% quarter-over-quarter from 11.02 in Q1 2026.
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Frontline (FRO) EV to EBITDA (2009 - 2026) Analysis & Trends
Frontline (FRO) has reported EV to EBITDA for 18 consecutive years, with 9.99 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to EBITDA rose 100.98% year-over-year to 9.99; the trailing twelve-month figure through Jun 2026 stood at 3.82 (up 101.45% YoY), and the FY2025 full-year result was 4.97, up 103.02% from the prior year.
- EV to EBITDA retreated to 9.99 in Q2 2026 per FRO's latest filing, from 11.02 in the prior quarter.
- Across five years, EV to EBITDA topped out at 27.3 in Q3 2025 and bottomed at 3270.17 in Q1 2022.
- Historically, EV to EBITDA has averaged 572.86 across 5 years, with a median of 8.25 in 2022.
- The sharpest annual moves came in 2023 and 2025: EV to EBITDA jumped 170.27% in 2023, then plunged 6573.98% in 2025.
- Over 5 years, EV to EBITDA stood at 7.75 in 2022, then surged by 170.27% to 20.94 in 2023, then slumped by 38.5% to 12.88 in 2024, then declined by 0.67% to 12.79 in 2025, then dropped by 21.88% to 9.99 in 2026.
- According to Business Quant data, EV to EBITDA over the past three periods registered 9.99, 11.02, and 12.79 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.99 |
| Mar 31, 2026 | 11.02 |
| Dec 31, 2025 | 12.79 |
| Sep 30, 2025 | 27.30 |
| Jun 30, 2025 | -1,023.00 |
| Mar 31, 2025 | -1,257.36 |
| Dec 31, 2024 | 12.88 |
| Sep 30, 2024 | -950.10 |
| Jun 30, 2024 | 15.80 |
| Mar 31, 2024 | -640.84 |
| Dec 31, 2023 | 20.94 |
| Sep 30, 2023 | -1,263.76 |
| Jun 30, 2023 | 8.76 |
| Mar 31, 2023 | -739.34 |
| Dec 31, 2022 | 7.75 |
| Sep 30, 2022 | -1,309.50 |
| Jun 30, 2022 | 15.28 |
| Mar 31, 2022 | -3,270.17 |
| Dec 31, 2021 | 23.20 |
| Sep 30, 2021 | 91.09 |