Frontline (FRO) Invested Capital (2009 - 2026)
Frontline's (FRO) quarterly Invested Capital came in at $5.6 billion in Q2 2026, down 6.57% on a YoY basis from $6.0 billion in Q2 2025, and up 2.15% quarter-over-quarter from $5.5 billion in Q1 2026.
Analysis
Frontline (FRO) Invested Capital (2009 - 2026) Analysis & Trends
Frontline (FRO) has reported Invested Capital for 18 consecutive years, with $5.6 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital fell 6.57% year-over-year to $5.6 billion; the trailing twelve-month figure through Jun 2026 stood at $5.6 billion (down 6.57% YoY), and the FY2025 full-year result was $5.6 billion, down 8.34% from the prior year.
- Invested Capital improved to $5.6 billion in Q2 2026 per FRO's latest filing, from $5.5 billion in the prior quarter.
- Across five years, Invested Capital topped out at $6.5 billion in Q1 2024 and bottomed at $3.9 billion in Q1 2022.
- Historically, Invested Capital has averaged $5.3 billion across 5 years, with a median of $5.6 billion in 2025.
- The sharpest annual moves came in 2022 and 2025: Invested Capital jumped 82.49% in 2022, then dropped 9.32% in 2025.
- Over 5 years, Invested Capital stood at $4.7 billion in 2022, then climbed by 23.5% to $5.8 billion in 2023, then increased by 5.85% to $6.1 billion in 2024, then slipped by 8.34% to $5.6 billion in 2025, then slipped by 0.36% to $5.6 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $5.6 billion, $5.5 billion, and $5.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 5.59 Bn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 4.48 Bn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 3.15 Bn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 2.95 Bn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 3.89 Bn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 4.37 Bn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 3.58 Bn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 3.63 Bn |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.59 Bn |
| Mar 31, 2026 | 5.47 Bn |
| Dec 31, 2025 | 5.61 Bn |
| Sep 30, 2025 | 5.56 Bn |
| Jun 30, 2025 | 5.98 Bn |
| Mar 31, 2025 | 6.00 Bn |
| Dec 31, 2024 | 6.12 Bn |
| Sep 30, 2024 | 6.14 Bn |
| Jun 30, 2024 | 6.34 Bn |
| Mar 31, 2024 | 6.47 Bn |
| Dec 31, 2023 | 5.78 Bn |
| Sep 30, 2023 | 4.53 Bn |
| Jun 30, 2023 | 4.63 Bn |
| Mar 31, 2023 | 4.60 Bn |
| Dec 31, 2022 | 4.68 Bn |
| Sep 30, 2022 | 4.37 Bn |
| Jun 30, 2022 | 4.28 Bn |
| Mar 31, 2022 | 3.94 Bn |
| Dec 31, 2021 | 2.57 Bn |
| Sep 30, 2021 | 3.88 Bn |