Frontline (FRO) Tax Rate (2009 - 2026)
Frontline's (FRO) quarterly Tax Rate came in at 0.08% in Q2 2026, up 184.0% on a YoY basis from 0.03% in Q2 2025, and up 17.54% quarter-over-quarter from 0.1% in Q1 2026.
Analysis
Frontline (FRO) Tax Rate (2009 - 2026) Analysis & Trends
Frontline (FRO) has reported Tax Rate for 18 consecutive years, with 0.08% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 184.0% year-over-year to 0.08%; the trailing twelve-month figure through Jun 2026 stood at 0.24% (up 305.0% YoY), and the FY2025 full-year result was 1.56%, down 4.0% from the prior year.
- Tax Rate advanced to 0.08% in Q2 2026 per FRO's latest filing, from 0.1% in the prior quarter.
- Across five years, Tax Rate topped out at 0.32% in Q4 2024 and bottomed at 7.35% in Q3 2024.
- Historically, Tax Rate has averaged 1.14% across 5 years, with a median of 0.12% in 2026.
- The sharpest annual moves came in 2022 and 2024: Tax Rate surged 1897 bps in 2022, then sank 735 bps in 2024.
- Over 5 years, Tax Rate stood at 0.08% in 2022, then tumbled by 127 bps to 0.19% in 2023, then jumped by 269 bps to 0.32% in 2024, then slumped by 260 bps to 0.52% in 2025, then soared by 84 bps to 0.08% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 0.08%, 0.1%, and 0.52% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | -0.08% |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 24.16% |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 21.05% |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 0.00% |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -0.51% |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | -0.27% |
| 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 | -0.24% |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn | 5.60% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.08% |
| Mar 31, 2026 | -0.10% |
| Dec 31, 2025 | -0.52% |
| Sep 30, 2025 | -3.17% |
| Jun 30, 2025 | -1.92% |
| Mar 31, 2025 | -5.67% |
| Dec 31, 2024 | 0.32% |
| Sep 30, 2024 | -7.35% |
| Jun 30, 2024 | -0.81% |
| Mar 31, 2024 | -0.85% |
| Dec 31, 2023 | -0.19% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | -0.07% |
| Mar 31, 2023 | 0.09% |
| Dec 31, 2022 | -0.08% |
| Sep 30, 2022 | -0.13% |
| Jun 30, 2022 | -0.04% |
| Mar 31, 2022 | 0.04% |
| Dec 31, 2021 | -19.05% |
| Sep 30, 2021 | 0.05% |