Frontline (FRO) Tax Rate (2011 - 2025)
Frontline (FRO) reported Tax Rate of 0.52% for Q4 2025, down 84.0% on a YoY basis from 3.22% in Q4 2024, and up 83.73% quarter-over-quarter from 3.17% in Q3 2025.
Frontline (FRO) Tax Rate (2011 - 2025) Analysis & Trends
Frontline has reported Tax Rate for 14 years, with the latest figure at 0.52% in Q4 2025.
- For the quarter ending Q4 2025, Tax Rate fell 84.0% year-over-year to 0.52%; the trailing twelve-month figure through Dec 2025 stood at 1.56% (down 4.0% YoY), and the FY2025 full-year result was 1.56%, down 4.0% from the prior year.
- Tax Rate for Q4 2025 stood at 0.52%, up from 3.17% in the prior quarter.
- The five-year high for Tax Rate was 0.32% in Q4 2024, with the low at 19.05% in Q4 2021.
- Historically, Tax Rate has averaged 1.97% across 5 years, with a median of 0.11% in 2021.
- Annual changes were most pronounced in 2021 — Tax Rate tumbled 1957 bps — and 2022, when it jumped 1897 bps.
- Frontline's Tax Rate stood at 19.05% in 2021, then soared by 100 bps to 0.08% in 2022, then sank by 127 bps to 0.19% in 2023, then surged by 269 bps to 0.32% in 2024, then plunged by 260 bps to 0.52% in 2025.
- The last three Tax Rate figures came in at 0.52% (Q4 2025), 3.17% (Q3 2025), and 1.92% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 24.82% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.45% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 22.28% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 6.40% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 0.11% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 20.27% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 24.00% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 10.04% |
| 10 | Frontline | 8.07 Mn | -252.48 Mn | - | -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% |