Frontline (FRO) Net Margin (2009 - 2025)
Frontline (FRO) reported Net Margin of 36.88% for Q4 2025, up 2130.0% on a YoY basis from 1.65% in Q4 2024, and up 271.42% quarter-over-quarter from 9.93% in Q3 2025.
Frontline (FRO) Net Margin (2009 - 2025) Analysis & Trends
Frontline has reported Net Margin for 17 years, with the latest figure at 36.88% in Q4 2025.
- For the quarter ending Q4 2025, Net Margin rose 2130.0% year-over-year to 36.88%; the trailing twelve-month figure through Dec 2025 stood at 19.9% (down 502.0% YoY), and the FY2025 full-year result was 19.9%, down 502.0% from the prior year.
- Net Margin for Q4 2025 stood at 36.88%, up from 9.93% in the prior quarter.
- The five-year high for Net Margin was 114.06% in Q1 2021, with the low at 28.49% in Q4 2021.
- Historically, Net Margin has averaged 24.39% across 5 years, with a median of 19.23% in 2025.
- The largest YoY upside for Net Margin was 9299 bps in 2022 against a maximum downside of 11570 bps in 2022.
- Frontline's Net Margin stood at 28.49% in 2021, then jumped by 326 bps to 64.5% in 2022, then plunged by 56 bps to 28.63% in 2023, then plunged by 46 bps to 15.58% in 2024, then jumped by 137 bps to 36.88% in 2025.
- The last three Net Margin figures came in at 36.88% (Q4 2025), 9.93% (Q3 2025), and 16.79% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 7.47% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 10.39% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 20.73% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 4.30% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 30.35% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 11.71% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 8.07% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 23.51% |
| 10 | Frontline | 8.07 Mn | -252.48 Mn | - | 36.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 36.88% |
| Sep 30, 2025 | 9.93% |
| Jun 30, 2025 | 16.79% |
| Mar 31, 2025 | 8.72% |
| Dec 31, 2024 | 15.58% |
| Sep 30, 2024 | 14.29% |
| Jun 30, 2024 | 34.29% |
| Mar 31, 2024 | 31.80% |
| Dec 31, 2023 | 28.63% |
| Sep 30, 2023 | 28.57% |
| Jun 30, 2023 | 45.05% |
| Mar 31, 2023 | 38.87% |
| Dec 31, 2022 | 64.50% |
| Sep 30, 2022 | 21.68% |
| Jun 30, 2022 | 14.04% |
| Mar 31, 2022 | -1.64% |
| Dec 31, 2021 | -28.49% |
| Sep 30, 2021 | -19.31% |
| Jun 30, 2021 | 13.64% |
| Mar 31, 2021 | 114.06% |