Frontline (FRO) FCF Margin (2009 - 2025)
Frontline's (FRO) quarterly FCF Margin came in at 46.48% in Q4 2025, up 603.0% YoY from 6.61% in Q4 2024, and up 81.37% on a QoQ basis from 25.63% in Q3 2025.
Frontline (FRO) FCF Margin (2009 - 2025) Analysis & Trends
Frontline (FRO) has 17 years of FCF Margin data on file, last reported at 46.48% in Q4 2025.
- Quarterly FCF Margin rose 603.0% year-over-year to 46.48% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 35.37% (down 4519.0% YoY) and the FY2025 annual result came in at 35.37%, down 4519.0% from the prior year.
- FCF Margin improved to 46.48% in Q4 2025, from 25.63% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 380.33% in Q4 2023 to a low of 88.69% in Q2 2021.
- A 5-year average of 63.66% and a median of 42.0% in 2024 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2023 — FCF Margin jumped 32393 bps — and 2024, when it slumped 33988 bps.
- Tracing FRO's FCF Margin over 5 years: stood at 117.45% in 2021, then sank by 52 bps to 56.4% in 2022, then surged by 574 bps to 380.33% in 2023, then tumbled by 89 bps to 40.45% in 2024, then climbed by 15 bps to 46.48% in 2025.
- The last three FCF Margin figures came in at 46.48% (Q4 2025), 25.63% (Q3 2025), and 32.39% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 21.84% |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 3.87% |
| 3 | Enterprise Products Partners | 83.47 Bn | 82.57 Bn | - | 11.07% |
| 4 | Energy Transfer | 72.69 Bn | 71.66 Bn | 7.40 Bn | 7.88% |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn | 146.27% |
| 6 | Oneok | 60.15 Bn | 59.99 Bn | 2.81 Bn | 11.95% |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 26.48% |
| 8 | Targa Resources | 59.51 Bn | 59.37 Bn | 2.14 Bn | 9.71% |
| 9 | Cheniere Energy | 56.09 Bn | 54.84 Bn | 5.29 Bn | 6.94% |
| 10 | Frontline | 9.43 Bn | 9.17 Bn | - | 46.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 46.48% |
| Sep 30, 2025 | 25.63% |
| Jun 30, 2025 | 32.39% |
| Mar 31, 2025 | 32.34% |
| Dec 31, 2024 | 40.45% |
| Sep 30, 2024 | 34.06% |
| Jun 30, 2024 | 43.54% |
| Mar 31, 2024 | 185.06% |
| Dec 31, 2023 | 380.33% |
| Sep 30, 2023 | 53.77% |
| Jun 30, 2023 | 55.72% |
| Mar 31, 2023 | 84.60% |
| Dec 31, 2022 | 56.40% |
| Sep 30, 2022 | 38.65% |
| Jun 30, 2022 | 71.10% |
| Mar 31, 2022 | 15.49% |
| Dec 31, 2021 | 117.45% |
| Sep 30, 2021 | 19.39% |
| Jun 30, 2021 | -88.69% |
| Mar 31, 2021 | 29.04% |