Frontline (FRO) Operating Expenses (2009 - 2025)

Frontline (FRO) reported Operating Expenses of $346.8 million for Q4 2025, up 10.51% on a YoY basis from $313.8 million in Q4 2024, and up 1.2% quarter-over-quarter from $342.7 million in Q3 2025.

Frontline (FRO) Operating Expenses (2009 - 2025) Analysis & Trends

Frontline has reported Operating Expenses for 17 years, with the latest figure at $346.8 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 10.51% year-over-year to $346.8 million; the trailing twelve-month figure through Dec 2025 stood at $1.4 billion (down 0.61% YoY), and the FY2025 full-year result was $1.4 billion, down 0.61% from the prior year.
  • Operating Expenses for Q4 2025 stood at $346.8 million, up from $342.7 million in the prior quarter.
  • The five-year high for Operating Expenses was $369.9 million in Q1 2024, with the low at $169.8 million in Q1 2021.
  • Historically, Operating Expenses has averaged $278.6 million across 5 years, with a median of $274.4 million in 2022.
  • Annual changes were most pronounced in 2021 — Operating Expenses decreased 20.9% — and 2022, when it surged 42.39%.
  • Frontline's Operating Expenses stood at $199.6 million in 2021, then jumped by 42.39% to $284.2 million in 2022, then slipped by 2.55% to $277.0 million in 2023, then grew by 13.29% to $313.8 million in 2024, then advanced by 10.51% to $346.8 million in 2025.
  • The last three Operating Expenses figures came in at $346.8 million (Q4 2025), $342.7 million (Q3 2025), and $348.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 13.95 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 12.50 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 3.38 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 1.70 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -93.35 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.82 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 333.70 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 7.00 Mn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 915.00 Mn
10 Frontline 8.07 Mn -252.48 Mn - 346.77 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 182.30 Mn
Mar 31, 2021 169.83 Mn