Frontline (FRO) Tax Rate (2009 - 2025)
Frontline (FRO) posted Tax Rate of 0.52% for Q4 2025, up 83.73% on a QoQ basis from 3.17% in Q3 2025, and down 84.0% year-over-year from 3.22% in Q4 2024.
Frontline (FRO) Tax Rate (2009 - 2025) Analysis & Trends
Frontline (FRO) has reported Tax Rate for 14 consecutive years, with 0.52% the latest figure, recorded in Q4 2025.
- Tax Rate for Q4 2025 came in at 0.52%, down 84.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 1.56% (down 4.0% YoY), and the FY2025 annual result was 1.56%, down 4.0% from the prior year.
- Tax Rate was 0.52% for Q4 2025 at Frontline, up from 3.17% in the prior quarter.
- Over five years, Tax Rate peaked at 0.32% in Q4 2024 and troughed at 19.05% in Q4 2021.
- A 5-year average of 1.97% and a median of 0.11% in 2021 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2021 — Tax Rate slumped 1957 bps — and 2022, when it surged 1897 bps.
- Year by year, Tax Rate stood at 19.05% in 2021, then surged by 100 bps to 0.08% in 2022, then sank by 127 bps to 0.19% in 2023, then jumped by 269 bps to 0.32% in 2024, then plunged by 260 bps to 0.52% in 2025.
- Per Business Quant, the three latest FRO Tax Rate figures stand at 0.52% (Q4 2025), 3.17% (Q3 2025), and 1.92% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 24.82% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 22.28% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.45% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 6.40% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 20.27% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 0.11% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 24.00% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 15.08% |
| 10 | Frontline | 7.75 Bn | 7.48 Bn | - | -0.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -0.52% |
| Dec 31, 2025 | -0.52% |
| Sep 30, 2025 | -3.17% |
| Sep 30, 2025 | -3.17% |
| Jun 30, 2025 | -1.92% |
| Jun 30, 2025 | -1.92% |
| Mar 31, 2025 | -5.67% |
| Mar 31, 2025 | -5.67% |
| Dec 31, 2024 | 0.32% |
| Dec 31, 2024 | 0.32% |
| Sep 30, 2024 | -7.35% |
| Sep 30, 2024 | -7.35% |
| Jun 30, 2024 | -0.81% |
| Jun 30, 2024 | -0.81% |
| Mar 31, 2024 | -0.85% |
| Mar 31, 2024 | -0.85% |
| Dec 31, 2023 | -0.19% |
| Dec 31, 2023 | -0.19% |
| Sep 30, 2023 | 0.00% |
| Sep 30, 2023 | 0.00% |