Frontline (FRO) Work In Process (2018 - 2022)
Frontline's (FRO) quarterly Work In Process came in at $99.0 million in Q2 2022, up 20.51% on a YoY basis from $82.2 million in Q2 2021, and down 8.22% quarter-over-quarter from $107.9 million in Q4 2021.
Analysis
Frontline (FRO) Work In Process (2018 - 2022) Analysis & Trends
Frontline (FRO) has reported Work In Process for 5 consecutive years, with $99.0 million the latest figure, recorded in Q2 2022.
- For the quarter ending Q2 2022, Work In Process rose 20.51% year-over-year to $99.0 million; the trailing twelve-month figure through Jun 2022 stood at $99.0 million (up 20.51% YoY), and the FY2021 full-year result was $107.9 million, up 71.42% from the prior year.
- Work In Process retreated to $99.0 million in Q2 2022 per FRO's latest filing, from $107.9 million in the prior quarter.
- Across five years, Work In Process topped out at $120.2 million in Q4 2018 and bottomed at $54.4 million in Q2 2020.
- Historically, Work In Process has averaged $85.9 million across 5 years, with a median of $82.0 million in 2019.
- The sharpest annual moves came in 2019 and 2021: Work In Process plunged 31.96% in 2019, then surged 71.42% in 2021.
- Over 5 years, Work In Process stood at $120.2 million in 2018, then slumped by 31.96% to $81.8 million in 2019, then fell by 22.99% to $63.0 million in 2020, then soared by 71.42% to $107.9 million in 2021, then decreased by 8.22% to $99.0 million in 2022.
- According to Business Quant data, Work In Process over the past three periods registered $99.0 million, $107.9 million, and $82.2 million for Q2 2022, Q4 2021, and Q2 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn |
| 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 |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 99.05 Mn |
| Dec 31, 2021 | 107.92 Mn |
| Jun 30, 2021 | 82.19 Mn |
| Dec 31, 2020 | 62.96 Mn |
| Jun 30, 2020 | 54.45 Mn |
| Dec 31, 2019 | 81.75 Mn |
| Jun 30, 2019 | 79.12 Mn |
| Dec 31, 2018 | 120.16 Mn |