Frontline (FRO) Operating Expenses (2009 - 2026)
Frontline's (FRO) quarterly Operating Expenses came in at $347.2 million in Q2 2026, little changed on a YoY basis from $348.1 million in Q2 2025, and up 0.86% quarter-over-quarter from $344.2 million in Q1 2026.
Analysis
Frontline (FRO) Operating Expenses (2009 - 2026) Analysis & Trends
Frontline (FRO) has reported Operating Expenses for 18 consecutive years, with $347.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses changed 0.25% year-over-year to $347.2 million; the trailing twelve-month figure through Jun 2026 stood at $1.4 billion (up 2.87% YoY), and the FY2025 full-year result was $1.4 billion, down 0.61% from the prior year.
- Operating Expenses rose to $347.2 million in Q2 2026 per FRO's latest filing, from $344.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $369.9 million in Q1 2024 and bottomed at $202.1 million in Q1 2022.
- Historically, Operating Expenses has averaged $306.7 million across 5 years, with a median of $324.4 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 42.39% in 2022, then slipped 9.45% in 2025.
- Over 5 years, Operating Expenses stood at $284.2 million in 2022, then declined by 2.55% to $277.0 million in 2023, then rose by 13.29% to $313.8 million in 2024, then grew by 10.51% to $346.8 million in 2025, then grew by 0.12% to $347.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $347.2 million, $344.2 million, and $346.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 347.18 Mn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 800.04 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 810.50 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 168.38 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -47.20 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | -783.93 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | -10.41 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 202.38 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -72.60 Mn |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn | -419.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 347.18 Mn |
| Mar 31, 2026 | 344.20 Mn |
| Dec 31, 2025 | 346.77 Mn |
| Sep 30, 2025 | 342.66 Mn |
| Jun 30, 2025 | 348.06 Mn |
| Mar 31, 2025 | 334.93 Mn |
| Dec 31, 2024 | 313.78 Mn |
| Sep 30, 2024 | 345.55 Mn |
| Jun 30, 2024 | 351.59 Mn |
| Mar 31, 2024 | 369.87 Mn |
| Dec 31, 2023 | 276.96 Mn |
| Sep 30, 2023 | 262.73 Mn |
| Jun 30, 2023 | 269.18 Mn |
| Mar 31, 2023 | 270.73 Mn |
| Dec 31, 2022 | 284.20 Mn |
| Sep 30, 2022 | 271.75 Mn |
| Jun 30, 2022 | 237.80 Mn |
| Mar 31, 2022 | 202.08 Mn |
| Dec 31, 2021 | 199.60 Mn |
| Sep 30, 2021 | 191.34 Mn |