Frontline (FRO) FCF Margin (2009 - 2025)
Frontline (FRO) posted FCF Margin of 46.48% for Q4 2025, up 81.37% on a QoQ basis from 25.63% in Q3 2025, and up 603.0% year-over-year from 6.61% in Q4 2024.
Frontline (FRO) FCF Margin (2009 - 2025) Analysis & Trends
Frontline (FRO) has reported FCF Margin for 17 consecutive years, with 46.48% the latest figure, recorded in Q4 2025.
- FCF Margin for Q4 2025 came in at 46.48%, up 603.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 35.37% (down 4519.0% YoY), and the FY2025 annual result was 35.37%, down 4519.0% from the prior year.
- FCF Margin was 46.48% for Q4 2025 at Frontline, up from 25.63% in the prior quarter.
- Over five years, FCF Margin peaked at 380.33% in Q4 2023 and troughed at 15.49% in Q1 2022.
- A 5-year average of 82.68% and a median of 50.12% in 2023 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2023 — FCF Margin surged 32393 bps — and 2024, when it sank 33988 bps.
- Year by year, FCF Margin stood at 117.45% in 2021, then sank by 52 bps to 56.4% in 2022, then jumped by 574 bps to 380.33% in 2023, then tumbled by 89 bps to 40.45% in 2024, then increased by 15 bps to 46.48% in 2025.
- Per Business Quant, the three latest FRO FCF Margin figures stand at 46.48% (Q4 2025), 25.63% (Q3 2025), and 32.39% (Q2 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | -0.43% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 28.13% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 3.38% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 5.26% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | -3.91% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 25.41% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 0.73% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 24.42% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | -52.58% |
| 10 | Frontline | 7.75 Bn | 7.48 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 | 98.14% |
| Mar 31, 2021 | 222.59% |