Frontline (FRO) Restructuring Costs (2016 - 2022)
Frontline's (FRO) quarterly Restructuring Costs came in at $451000.0 in Q4 2022, up 108.92% on a YoY basis from $215875.7 in Q4 2021, and down 76.8% quarter-over-quarter from $1.9 million in Q3 2022.
Analysis
Frontline (FRO) Restructuring Costs (2016 - 2022) Analysis & Trends
Frontline (FRO) has reported Restructuring Costs for 7 consecutive years, with $451000.0 the latest figure, recorded in Q4 2022.
- For the quarter ending Q4 2022, Restructuring Costs rose 108.92% year-over-year to $451000.0; the trailing twelve-month figure through Dec 2022 stood at $9.5 million (up 359.86% YoY), and the FY2022 full-year result was $9.5 million, up 60.82% from the prior year.
- Restructuring Costs slipped to $451000.0 in Q4 2022 per FRO's latest filing, from $1.9 million in the prior quarter.
- Across five years, Restructuring Costs topped out at $12.9 million in Q2 2020 and bottomed at -$6.1 million in Q1 2018.
- Historically, Restructuring Costs has averaged $2.5 million across 5 years, with a median of $566500.0 in 2021.
- The sharpest annual moves came in 2018 and 2021: Restructuring Costs surged 298800.0% in 2018, then sank 172.3% in 2021.
- Over 5 years, Restructuring Costs stood at $9.0 million in 2018, then tumbled by 115.48% to -$1.4 million in 2019, then surged by 604.03% to $7.0 million in 2020, then slumped by 172.3% to -$5.1 million in 2021, then soared by 108.92% to $451000.0 in 2022.
- According to Business Quant data, Restructuring Costs over the past three periods registered $451000.0, $1.9 million, and $264000.0 for Q4 2022, Q3 2022, and Q2 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 451,000.00 |
| Sep 30, 2022 | 1.94 Mn |
| Jun 30, 2022 | 264,000.00 |
| Mar 31, 2022 | 6.82 Mn |
| Dec 31, 2021 | -5.06 Mn |
| Sep 30, 2021 | 278,000.00 |
| Jun 30, 2021 | 596,000.00 |
| Mar 31, 2021 | 537,000.00 |
| Dec 31, 2020 | 7.00 Mn |
| Sep 30, 2020 | -1.31 Mn |
| Jun 30, 2020 | 12.89 Mn |
| Mar 31, 2020 | 11.33 Mn |
| Dec 31, 2019 | -1.39 Mn |
| Sep 30, 2019 | 3.84 Mn |
| Jun 30, 2019 | 1.71 Mn |
| Mar 31, 2019 | -742,000.00 |
| Dec 31, 2018 | 8.97 Mn |
| Sep 30, 2018 | 7.91 Mn |
| Jun 30, 2018 | -554,000.00 |
| Mar 31, 2018 | -6.12 Mn |