Frontline (FRO) Net Margin (2009 - 2025)
Frontline's (FRO) quarterly Net Margin came in at 60.7% in Q4 2025, up 4502.0% YoY from 1.32% in Q4 2024, and up 551.37% on a QoQ basis from 9.32% in Q3 2025.
Frontline (FRO) Net Margin (2009 - 2025) Analysis & Trends
Frontline (FRO) has 17 years of Net Margin data on file, last reported at 60.7% in Q4 2025.
- Quarterly Net Margin rose 4502.0% year-over-year to 60.7% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 26.98% (up 281.0% YoY) and the FY2025 annual result came in at 19.29%, up 1604.0% from the prior year.
- Net Margin climbed to 60.7% in Q4 2025, from 9.32% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 158.17% in Q4 2023 to a low of 28.49% in Q4 2021.
- A 5-year average of 25.64% and a median of 15.92% in 2025 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin surged 11771 bps — and 2024, when it sank 14249 bps.
- Tracing FRO's Net Margin over 5 years: stood at 28.49% in 2021, then soared by 242 bps to 40.46% in 2022, then surged by 291 bps to 158.17% in 2023, then sank by 90 bps to 15.68% in 2024, then soared by 287 bps to 60.7% in 2025.
- The last three Net Margin figures came in at 60.7% (Q4 2025), 9.32% (Q3 2025), and 16.15% (Q2 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 19.97% |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 4.76% |
| 3 | Enterprise Products Partners | 83.47 Bn | 82.57 Bn | - | 10.16% |
| 4 | Energy Transfer | 72.69 Bn | 71.66 Bn | 7.40 Bn | 5.90% |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn | 55.36% |
| 6 | Oneok | 60.15 Bn | 59.99 Bn | 2.81 Bn | 8.03% |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 32.82% |
| 8 | Targa Resources | 59.51 Bn | 59.37 Bn | 2.14 Bn | 17.22% |
| 9 | Cheniere Energy | 56.09 Bn | 54.84 Bn | 5.29 Bn | 63.54% |
| 10 | Frontline | 9.43 Bn | 9.17 Bn | - | 36.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 60.70% |
| Sep 30, 2025 | 9.32% |
| Jun 30, 2025 | 16.15% |
| Mar 31, 2025 | 7.78% |
| Dec 31, 2024 | 15.68% |
| Sep 30, 2024 | 12.33% |
| Jun 30, 2024 | 33.73% |
| Mar 31, 2024 | 31.26% |
| Dec 31, 2023 | 158.17% |
| Sep 30, 2023 | 28.57% |
| Jun 30, 2023 | 44.99% |
| Mar 31, 2023 | 38.87% |
| Dec 31, 2022 | 40.46% |
| Sep 30, 2022 | 21.68% |
| Jun 30, 2022 | 14.04% |
| Mar 31, 2022 | -1.64% |
| Dec 31, 2021 | -28.49% |
| Sep 30, 2021 | -19.32% |
| Jun 30, 2021 | 13.64% |
| Mar 31, 2021 | 14.89% |