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
DateValue
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%