Frontline (FRO) Total Debt (2009 - 2026)
Frontline's (FRO) quarterly Total Debt came in at $2.4 billion in Q2 2026, down 32.67% on a YoY basis from $3.6 billion in Q2 2025, and down 7.46% quarter-over-quarter from $2.6 billion in Q1 2026.
Analysis
Frontline (FRO) Total Debt (2009 - 2026) Analysis & Trends
Frontline (FRO) has reported Total Debt for 18 consecutive years, with $2.4 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Total Debt fell 32.67% year-over-year to $2.4 billion; the trailing twelve-month figure through Jun 2026 stood at $2.4 billion (down 32.67% YoY), and the FY2025 full-year result was $3.1 billion, down 18.02% from the prior year.
- Total Debt eased to $2.4 billion in Q2 2026 per FRO's latest filing, from $2.6 billion in the prior quarter.
- Across five years, Total Debt topped out at $4.1 billion in Q1 2024 and bottomed at $2.3 billion in Q1 2022.
- Historically, Total Debt has averaged $3.0 billion across 5 years, with a median of $2.9 billion in 2025.
- The sharpest annual moves came in 2024 and 2026: Total Debt jumped 71.71% in 2024, then sank 32.67% in 2026.
- Over 5 years, Total Debt stood at $2.4 billion in 2022, then surged by 44.71% to $3.5 billion in 2023, then gained by 7.86% to $3.8 billion in 2024, then fell by 18.02% to $3.1 billion in 2025, then retreated by 21.43% to $2.4 billion in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $2.4 billion, $2.6 billion, and $3.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 2.43 Bn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 1.04 Bn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 372.10 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 684.83 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 1.24 Bn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 728.88 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 1.07 Bn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 1.08 Bn |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.43 Bn |
| Mar 31, 2026 | 2.63 Bn |
| Dec 31, 2025 | 3.10 Bn |
| Sep 30, 2025 | 3.24 Bn |
| Jun 30, 2025 | 3.62 Bn |
| Mar 31, 2025 | 3.67 Bn |
| Dec 31, 2024 | 3.78 Bn |
| Sep 30, 2024 | 3.79 Bn |
| Jun 30, 2024 | 3.91 Bn |
| Mar 31, 2024 | 4.09 Bn |
| Dec 31, 2023 | 3.50 Bn |
| Sep 30, 2023 | 2.30 Bn |
| Jun 30, 2023 | 2.34 Bn |
| Mar 31, 2023 | 2.38 Bn |
| Dec 31, 2022 | 2.42 Bn |
| Sep 30, 2022 | 2.35 Bn |
| Jun 30, 2022 | 2.38 Bn |
| Mar 31, 2022 | 2.27 Bn |
| Dec 31, 2021 | 2.36 Bn |
| Sep 30, 2021 | 2.29 Bn |