Frontline FRO
NYSE FRO
$46.12 +0.70 (+1.54%)
At close: Sep 4, 2026 · 4:00 PM EDT

Frontline (FRO) Non Operating Income (2011 - 2023)

Frontline's (FRO) quarterly Non Operating Income came in at -$19.4 million in Q4 2023, down 216.16% on a YoY basis from $16.7 million in Q4 2022, and down 177.66% quarter-over-quarter from -$7.0 million in Q3 2023.

Analysis

Frontline (FRO) Non Operating Income (2011 - 2023) Analysis & Trends

Frontline (FRO) has reported Non Operating Income for 12 consecutive years, with -$19.4 million the latest figure, recorded in Q4 2023.

  • For the quarter ending Q4 2023, Non Operating Income fell 216.16% year-over-year to -$19.4 million; the trailing twelve-month figure through Dec 2023 stood at $11.5 million (down 62.23% YoY), and the FY2025 full-year result was -$213.6 million, up 23.27% from the prior year.
  • Non Operating Income declined to -$19.4 million in Q4 2023 per FRO's latest filing, from -$7.0 million in the prior quarter.
  • Across five years, Non Operating Income topped out at $44.1 million in Q3 2022 and bottomed at -$83.4 million in Q2 2019.
  • Historically, Non Operating Income has averaged -$11.6 million across 5 years, with a median of -$13.9 million in 2020.
  • The sharpest annual moves came in 2020 and 2022: Non Operating Income slumped 249.85% in 2020, then jumped 415.72% in 2022.
  • Over 5 years, Non Operating Income stood at -$22.5 million in 2019, then jumped by 46.79% to -$12.0 million in 2020, then soared by 149.54% to $5.9 million in 2021, then slumped by 203.57% to -$6.2 million in 2022, then sank by 216.16% to -$19.4 million in 2023.
  • According to Business Quant data, Non Operating Income over the past three periods registered -$19.4 million, -$7.0 million, and -$6.2 million for Q4 2023, Q3 2023, and Q4 2022 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Op. Inc. (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - -
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn -
3 Matson 6.74 Bn 6.62 Bn - -
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn -
5 Hafnia 4.59 Bn 4.31 Bn 372.91 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 -10.79 Mn
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn -10.10 Mn
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn -
10 ZIM Integrated Shipping Services 3.44 Bn 2.41 Bn 255.00 Mn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2023 -19.45 Mn
Sep 30, 2023 -7.01 Mn
Dec 31, 2022 -6.15 Mn
Sep 30, 2022 44.06 Mn
Jun 30, 2022 -15.79 Mn
Mar 31, 2022 8.21 Mn
Dec 31, 2021 5.94 Mn
Sep 30, 2021 -13.96 Mn
Jun 30, 2021 -14.97 Mn
Mar 31, 2021 4.18 Mn
Dec 31, 2020 -11.99 Mn
Sep 30, 2020 -13.85 Mn
Jun 30, 2020 -25.86 Mn
Mar 31, 2020 -43.11 Mn
Dec 31, 2019 -22.53 Mn
Sep 30, 2019 -22.07 Mn
Jun 30, 2019 -83.40 Mn
Mar 31, 2019 28.77 Mn
Dec 31, 2018 -149.45 Mn
Sep 30, 2018 96.57 Mn