Frontline (FRO) FCF Margin (2009 - 2026)
Frontline (FRO) reported FCF Margin of 61.43% for Q2 2026, up 29.45 percentage points from 31.98% a year earlier and up 7.88 percentage points from the prior quarter.
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Analysis
Frontline (FRO) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Frontline's FCF Margin came in at 49.84%, up 15.63 percentage points year-over-year; for FY2025, it came in at 34.09%, up 42.81 percentage points from FY2024.
- FCF Margin has a five-year change of +28.33 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at -8.72% in FY2024 (+34.29 pp), -43.02% in FY2023 (-46.48 pp), 3.46% in FY2022 (+55.30 pp) and -51.84% in FY2021 (-57.60 pp).
- The Q2 2026 figure ranks as the highest quarterly FCF Margin since Q2 2020.
- Year over year, FCF Margin has now increased in each of the last three quarters, with an average year-over-year change of +4.48 percentage points over the last eight quarters.
- The high point for year-over-year FCF Margin in five years was Q1 2023 (a gain of 45.12 percentage points); the low point was Q3 2021 (a drop of 55.44 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 53.55% (Q1 2026), 45.37% (Q4 2025) and 24.88% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.68 Bn | 165.21 Bn | - | 32.09% |
| 2 | Csx | 89.29 Bn | 85.50 Bn | - | 19.09% |
| 3 | United Parcel Service | 84.13 Bn | 61.03 Bn | - | 0.73% |
| 4 | Canadian Pacific Kansas City | 77.56 Bn | 76.58 Bn | - | 23.25% |
| 5 | Norfolk Southern | 73.12 Bn | 67.76 Bn | - | 17.75% |
| 6 | Fedex | 71.16 Bn | 37.11 Bn | - | 7.16% |
| 7 | Delta Air Lines | 50.21 Bn | 32.39 Bn | - | 1.49% |
| 8 | Old Dominion Freight Line | 39.34 Bn | 38.60 Bn | - | 12.59% |
| 9 | United Airlines Holdings | 31.97 Bn | -24.40 Bn | - | 1.51% |
| 10 | Frontline | 11.05 Bn | 9.81 Bn | - | 96.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 96.50% |
| Mar 31, 2026 | 98.78% |
| 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% |
API Access
Frontline FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=FRO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "FRO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=FRO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();