Frontline (FRO) Non-Current Debt (2009 - 2025)
Frontline (FRO) posted Non-Current Debt of $2.7 billion for Q4 2025, down 6.75% on a QoQ basis from $2.9 billion in Q3 2025, and down 16.35% year-over-year from $3.3 billion in Q4 2024.
Frontline (FRO) Non-Current Debt (2009 - 2025) Analysis & Trends
Frontline's Non-Current Debt history runs 17 years deep, the most recent figure standing at $2.7 billion for Q4 2025.
- Quarterly Non-Current Debt fell 16.35% year-over-year to $2.7 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.7 billion (down 16.35% YoY) and the FY2025 annual result came in at $2.7 billion, down 16.35% from the prior year.
- Non-Current Debt was $2.7 billion for Q4 2025 at Frontline, down from $2.9 billion in the prior quarter.
- Across five years, Non-Current Debt topped out at $222.6 billion in Q3 2022 and bottomed at $203.5 million in Q2 2022.
- A 5-year average of $23.6 billion and a median of $2.8 billion in 2025 frame the typical range for Non-Current Debt.
- Annual changes were most pronounced in 2022 — Non-Current Debt surged 10544.15% — and 2023, when it sank 99.15%.
- Frontline's Non-Current Debt stood at $2.1 billion in 2021, then dropped by 0.68% to $2.1 billion in 2022, then jumped by 51.22% to $3.2 billion in 2023, then increased by 2.81% to $3.3 billion in 2024, then slipped by 16.35% to $2.7 billion in 2025.
- Business Quant data shows FRO's Non-Current Debt at $2.7 billion in Q4 2025, $2.9 billion in Q3 2025, and $3.3 billion in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 5.53 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 1.71 Bn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 29.81 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 75.11 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 31.20 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 32.45 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 69.34 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 18.43 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 32.00 Bn |
| 10 | Frontline | 1.55 Bn | 1.29 Bn | - | 2.75 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.75 Bn |
| Sep 30, 2025 | 2.95 Bn |
| Jun 30, 2025 | 3.27 Bn |
| Mar 31, 2025 | 3.35 Bn |
| Dec 31, 2024 | 3.28 Bn |
| Sep 30, 2024 | 3.39 Bn |
| Jun 30, 2024 | 3.40 Bn |
| Mar 31, 2024 | 3.77 Bn |
| Dec 31, 2023 | 3.19 Bn |
| Sep 30, 2023 | 1.89 Bn |
| Jun 30, 2023 | 1.93 Bn |
| Mar 31, 2023 | 2.02 Bn |
| Dec 31, 2022 | 2.11 Bn |
| Sep 30, 2022 | 222.62 Bn |
| Jun 30, 2022 | 203.53 Mn |
| Mar 31, 2022 | 203.53 Bn |
| Dec 31, 2021 | 2.13 Bn |
| Sep 30, 2021 | 2.09 Bn |
| Jun 30, 2021 | 1.89 Bn |
| Mar 31, 2021 | 1.96 Bn |