Frontline (FRO) Invested Capital (2009 - 2025)

Frontline (FRO) reported Invested Capital of $5.6 billion for Q4 2025, down 8.32% on a YoY basis from $6.1 billion in Q4 2024, and up 113.02% quarter-over-quarter from $2.6 billion in Q3 2025.

Frontline (FRO) Invested Capital (2009 - 2025) Analysis & Trends

Frontline has reported Invested Capital for 17 years, with the latest figure at $5.6 billion in Q4 2025.

  • For the quarter ending Q4 2025, Invested Capital fell 8.32% year-over-year to $5.6 billion; the trailing twelve-month figure through Dec 2025 stood at $5.6 billion (down 8.32% YoY), and the FY2025 full-year result was $5.6 billion, down 8.32% from the prior year.
  • Invested Capital for Q4 2025 stood at $5.6 billion, up from $2.6 billion in the prior quarter.
  • The five-year high for Invested Capital was $6.1 billion in Q4 2024, with the low at $418.8 million in Q2 2022.
  • Historically, Invested Capital has averaged $3.0 billion across 5 years, with a median of $2.7 billion in 2023.
  • Annual changes were most pronounced in 2022 — Invested Capital sank 78.41% — and 2023, when it jumped 534.91%.
  • Frontline's Invested Capital stood at $1.9 billion in 2021, then jumped by 139.49% to $4.4 billion in 2022, then increased by 25.2% to $5.6 billion in 2023, then advanced by 9.49% to $6.1 billion in 2024, then declined by 8.32% to $5.6 billion in 2025.
  • The last three Invested Capital figures came in at $5.6 billion (Q4 2025), $2.6 billion (Q3 2025), and $2.7 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 59.19 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 33.06 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 61.04 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 103.80 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 21.28 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 40.30 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 21.59 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 54.45 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 19.65 Bn
10 Frontline 8.07 Mn -252.48 Mn - 5.58 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 5.58 Bn
Sep 30, 2025 2.62 Bn
Jun 30, 2025 2.68 Bn
Mar 31, 2025 2.65 Bn
Dec 31, 2024 6.08 Bn
Sep 30, 2024 2.75 Bn
Jun 30, 2024 2.88 Bn
Mar 31, 2024 2.70 Bn
Dec 31, 2023 5.56 Bn
Sep 30, 2023 4.85 Bn
Jun 30, 2023 2.66 Bn
Mar 31, 2023 2.59 Bn
Dec 31, 2022 4.44 Bn
Sep 30, 2022 2.28 Bn
Jun 30, 2022 418.77 Mn
Mar 31, 2022 2.11 Bn
Dec 31, 2021 1.85 Bn
Sep 30, 2021 1.75 Bn
Jun 30, 2021 1.94 Bn
Mar 31, 2021 1.81 Bn