Frontline (FRO) EV to FCF (2009 - 2026)
Frontline's (FRO) quarterly EV to FCF came in at 12.81 in Q2 2026, up 100.9% on a YoY basis from 6.38 in Q2 2025, and down 32.78% quarter-over-quarter from 19.06 in Q1 2026.
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Frontline (FRO) EV to FCF (2009 - 2026) Analysis & Trends
Frontline (FRO) has reported EV to FCF for 18 consecutive years, with 12.81 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to FCF rose 100.9% year-over-year to 12.81; the trailing twelve-month figure through Jun 2026 stood at 5.49 (up 101.56% YoY), and the FY2025 full-year result was 6.87, up 144.84% from the prior year.
- EV to FCF declined to 12.81 in Q2 2026 per FRO's latest filing, from 19.06 in the prior quarter.
- Across five years, EV to FCF topped out at 45.35 in Q3 2025 and bottomed at 10115.98 in Q1 2022.
- Historically, EV to FCF has averaged 1129.64 across 5 years, with a median of 9.83 in 2022.
- The sharpest annual moves came in 2023 and 2025: EV to FCF surged 310.11% in 2023, then tumbled 6282.79% in 2025.
- Over 5 years, EV to FCF stood at 10.06 in 2022, then soared by 310.11% to 41.27 in 2023, then plunged by 60.43% to 16.33 in 2024, then declined by 0.51% to 16.25 in 2025, then decreased by 21.17% to 12.81 in 2026.
- According to Business Quant data, EV to FCF over the past three periods registered 12.81, 19.06, and 16.25 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 | 12.81 |
| Mar 31, 2026 | 19.06 |
| Dec 31, 2025 | 16.25 |
| Sep 30, 2025 | 45.35 |
| Jun 30, 2025 | -1,426.09 |
| Mar 31, 2025 | -1,590.11 |
| Dec 31, 2024 | 16.33 |
| Sep 30, 2024 | -1,322.02 |
| Jun 30, 2024 | 23.07 |
| Mar 31, 2024 | -1,269.02 |
| Dec 31, 2023 | 41.27 |
| Sep 30, 2023 | -1,079.69 |
| Jun 30, 2023 | 9.59 |
| Mar 31, 2023 | -811.70 |
| Dec 31, 2022 | 10.06 |
| Sep 30, 2022 | -2,936.03 |
| Jun 30, 2022 | 23.28 |
| Mar 31, 2022 | -10,115.98 |
| Dec 31, 2021 | 52.42 |
| Sep 30, 2021 | -470.74 |