Frontline (FRO) Tax Rate (2009 - 2024)
Frontline (FRO) reported Tax Rate of -0.08% for Q2 2026, up 1.84 percentage points from -1.92% a year earlier and up 0.02 percentage points from the prior quarter.
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Analysis
Frontline (FRO) Tax Rate (2009 - 2024) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Frontline's Tax Rate came in at -0.24%, up 3.05 percentage points year-over-year; for FY2025, it was -1.56%, down 0.04 percentage points from FY2024.
- Tax Rate has a five-year change of -1.57 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at -1.52% in FY2024 (-1.49 pp), -0.03% in FY2023 (+0.06 pp), -0.09% in FY2022 (-44.95 pp) and 44.86% in FY2021 (+44.86 pp).
- The Q2 2026 figure ranks as the highest quarterly Tax Rate since Q4 2024.
- Year over year, Tax Rate gained in four of the last eight quarters, with an average year-over-year change of -0.25 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2022 (a gain of 18.97 percentage points); the low point was Q4 2021 (a drop of 19.57 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -0.10% (Q1 2026), -0.52% (Q4 2025) and -3.17% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 22.00% |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 24.09% |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 24.65% |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 20.63% |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 23.46% |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 24.21% |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 20.16% |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 25.00% |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | - |
| 10 | Frontline | 10.71 Bn | 9.47 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 0.32% |
| Mar 31, 2023 | 0.09% |
| Mar 31, 2022 | 0.04% |
| Mar 31, 2021 | 0.05% |
| Sep 30, 2020 | 0.02% |
| Jun 30, 2020 | 0.03% |
| Jun 30, 2019 | 2.55% |
| Mar 31, 2019 | 0.10% |
| Dec 31, 2018 | 0.85% |
| Mar 31, 2017 | 0.11% |
| Mar 31, 2016 | 0.06% |
| Jun 30, 2015 | 0.06% |
| Sep 30, 2010 | 45.71% |
| Mar 31, 2009 | 0.00% |
API Access
Frontline Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FRO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FRO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FRO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();