Frontline (FRO) FCF Margin (2009 - 2025)
Frontline (FRO) reported FCF Margin of 46.48% for Q4 2025, up 603.0% on a YoY basis from 6.61% in Q4 2024, and up 81.37% quarter-over-quarter from 25.63% in Q3 2025.
Frontline (FRO) FCF Margin (2009 - 2025) Analysis & Trends
Frontline has reported FCF Margin for 17 years, with the latest figure at 46.48% in Q4 2025.
- For the quarter ending Q4 2025, FCF Margin rose 603.0% year-over-year to 46.48%; the trailing twelve-month figure through Dec 2025 stood at 35.37% (down 4519.0% YoY), and the FY2025 full-year result was 35.37%, down 4519.0% from the prior year.
- FCF Margin for Q4 2025 stood at 46.48%, up from 25.63% in the prior quarter.
- The five-year high for FCF Margin was 380.33% in Q4 2023, with the low at 15.49% in Q1 2022.
- Historically, FCF Margin has averaged 82.68% across 5 years, with a median of 50.12% in 2023.
- Annual changes were most pronounced in 2023 — FCF Margin jumped 32393 bps — and 2024, when it slumped 33988 bps.
- Frontline's FCF Margin 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | -0.43% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 3.38% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 28.13% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 5.26% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 25.41% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | -3.91% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 0.73% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 13.15% |
| 10 | Frontline | 8.07 Mn | -252.48 Mn | - | 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 | 98.14% |
| Mar 31, 2021 | 222.59% |