Frontline (FRO) Non-Current Debt (2009 - 2026)
Frontline's (FRO) quarterly Non-Current Debt came in at $2.2 billion in Q2 2026, down 33.66% on a YoY basis from $3.3 billion in Q2 2025, and down 7.76% quarter-over-quarter from $2.4 billion in Q1 2026.
Analysis
Frontline (FRO) Non-Current Debt (2009 - 2026) Analysis & Trends
Frontline (FRO) has reported Non-Current Debt for 18 consecutive years, with $2.2 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non-Current Debt fell 33.66% year-over-year to $2.2 billion; the trailing twelve-month figure through Jun 2026 stood at $2.2 billion (down 33.66% YoY), and the FY2025 full-year result was $2.7 billion, down 16.35% from the prior year.
- Non-Current Debt fell to $2.2 billion in Q2 2026 per FRO's latest filing, from $2.4 billion in the prior quarter.
- Across five years, Non-Current Debt topped out at $3.8 billion in Q1 2024 and bottomed at $1.8 billion in Q1 2022.
- Historically, Non-Current Debt has averaged $2.6 billion across 5 years, with a median of $2.5 billion in 2025.
- The sharpest annual moves came in 2024 and 2026: Non-Current Debt surged 86.71% in 2024, then tumbled 33.66% in 2026.
- Over 5 years, Non-Current Debt stood at $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, then slipped by 21.05% to $2.2 billion in 2026.
- According to Business Quant data, Non-Current Debt over the past three periods registered $2.2 billion, $2.4 billion, and $2.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 2.17 Bn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 1.03 Bn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 292.70 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 645.62 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 653.86 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 516.10 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 833.53 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 839.20 Mn |
| 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 | 2.17 Bn |
| Mar 31, 2026 | 2.35 Bn |
| 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 | 2.09 Bn |
| Jun 30, 2022 | 1.91 Bn |
| Mar 31, 2022 | 1.80 Bn |
| Dec 31, 2021 | 2.13 Bn |
| Sep 30, 2021 | 2.09 Bn |