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Frontier Group Holdings, Inc.(ULCC)Earnings, Financials & Key Ratios
ULCC•NASDAQ
$4.37
$1B mkt cap·Price updated May 6, 2026
AboutFrontier Group Holdings, Inc., a low-fare airline company, provides air transportation for passengers. The company operates an airline that serves approximately 120 airports throughout the United States and international destinations in the Americas. It offers its services through direct distribution channels, including its website, mobile app, and call center. As of December 31, 2021, the company had a fleet of 110 Airbus single-aisle aircraft comprising, 16 A320ceos, 73 A320neos, and 21 A321ceos. Frontier Group Holdings, Inc. was incorporated in 2013 and is headquartered in Denver, Colorado.Show more
- Revenue$3.72B-1.4%
- EBITDA-$58M-144.6%
- Net Income-$137M-261.2%
- EPS (Diluted)-0.60-257.9%
- Gross Margin35.5%-30.8%
- EBITDA Margin-1.56%-145.2%
- Operating Margin-4%-360.4%
- Net Margin-3.68%-263.4%
- ROE-25.02%-263.5%
- ROIC-2.32%-305.4%
- Debt/Equity11.13+50.4%
- Interest Coverage-13.55-208.4%
ULCC Key Insights
Frontier Group Holdings, Inc. (ULCC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 24.4%
✗Weaknesses
- ✗High debt to equity ratio of 11.1x
- ✗Weak Piotroski F-Score: 0/9
- ✗Negative free cash flow
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
ULCC Price & Volume
Frontier Group Holdings, Inc. (ULCC) stock price & volume — 10-year historical chart
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ULCC Growth Metrics
Frontier Group Holdings, Inc. (ULCC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years24.4%
3 Years3.84%
TTM-0.47%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-638.24%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-651.72%
Return on Capital
10 Years9%
5 Years-1.51%
3 Years-0.58%
Last Year-3.16%
ULCC Recent Earnings
Frontier Group Holdings, Inc. (ULCC) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 5, 2026EPS
$0.30
Est $0.37
+18.9%
Revenue
$1.1B
Est $1.0B
+2.1%
Q1 2026
Feb 11, 2026EPS
$0.23
Est $0.10
+130.0%
Revenue
$997M
Est $974M
+2.4%
Q4 2025
Nov 5, 2025EPS
$0.34
Est $0.13
-366.2%
Revenue
$886M
Est $971M
-8.8%
Q3 2025
Aug 5, 2025EPS
$0.31
Est $0.28
-10.7%
Revenue
$929M
Est $911M
+2.0%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $0.30vs $0.37+18.9% | $1.1Bvs $1.0B+2.1% |
| Q1 2026 | Feb 11, 2026 | $0.23vs $0.10+130.0% | $997Mvs $974M+2.4% |
| Q4 2025 | Nov 5, 2025 | $0.34vs $0.13-366.2% | $886Mvs $971M-8.8% |
| Q3 2025 | Aug 5, 2025 | $0.31vs $0.28-10.7% | $929Mvs $911M+2.0% |
Based on last 12 quarters of dataView full earnings history →
ULCC Peer Comparison
Frontier Group Holdings, Inc. (ULCC) competitors in Commercial passenger airlines — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 SNCY | 860.64M | 15.88 | 16.54 | 4.74% | 3.55% | 6.44% | 9.76% | 0.95 |
 SKYW | 3.34B | 83.22 | 8.04 | 15.03% | 10.42% | 16% | 8.58% | 0.87 |
 DAL | 46.28B | 70.86 | 9.25 | 2.79% | 7.9% | 24.12% | 8.3% | 1.02 |
 UAL | 30.41B | 93.67 | 9.17 | 3.52% | 6.06% | 24.91% | 8.41% | 2.03 |
 AAL | 8.17B | 12.37 | 72.76 | 0.78% | 0.36% | |||
 LUV | 19.5B | 39.71 | 50.27 | 2.11% | 2.83% | 10.67% | 0.75 | |
 ALK | 4.41B | 38.51 | 44.26 | 21.34% | 0.7% | 2.43% | 1.67 | |
 BA | 176.88B | 224.38 | 90.48 | 34.49% | 2.46% | 289.7% | 9.97 |
Compare ULCC vs Peers
Frontier Group Holdings, Inc. (ULCC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
ULCC Income Statement
Frontier Group Holdings, Inc. (ULCC) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 1.71B | 2.16B | 2.51B | 1.25B | 2.06B | 3.33B | 3.59B | 3.77B | 3.72B | 3.8B |
| Revenue Growth % | 6.86% | 25.79% | 16.33% | -50.16% | 64.8% | 61.46% | 7.91% | 5.18% | -1.35% | -0.47% |
| Cost of Goods Sold | 1.19B | 1.78B | 2B | 1.64B | 2.26B | 3.04B | 3.29B | 1.84B | 2.4B | 2.62B |
| COGS % of Revenue | 69.43% | 82.7% | 79.94% | 131.2% | 109.81% | 91.52% | 91.59% | 48.69% | 64.5% | - |
| Gross Profit | 524M▲ 0% | 373M▼ 28.8% | 503M▲ 34.9% | -390M▼ 177.5% | -202M▲ 48.2% | 282M▲ 239.6% | 302M▲ 7.1% | 1.94B▲ 541.4% | 1.32B▼ 31.8% | 1.19B▲ 0% |
| Gross Margin % | 30.57% | 17.3% | 20.06% | -31.2% | -9.81% | 8.48% | 8.41% | 51.31% | 35.5% | 31.15% |
| Gross Profit Growth % | 10.78% | -28.82% | 34.85% | -177.53% | 48.21% | 239.6% | 7.09% | 541.39% | -31.75% | - |
| Operating Expenses | 207M | 281M | 194M | -25M | -85M | 372M | 305M | 1.88B | 1.47B | 1.57B |
| OpEx % of Revenue | 12.08% | 13.03% | 7.74% | -2% | -4.13% | 11.18% | 8.5% | 49.77% | 39.5% | - |
| Selling, General & Admin | 72M | 110M | 130M | 78M | 109M | 164M | 164M | 178M | 159M | 161M |
| SG&A % of Revenue | 4.2% | 5.1% | 5.18% | 6.24% | 5.29% | 4.93% | 4.57% | 4.72% | 4.27% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 135M | 171M | 64M | -103M | -194M | 153M | 141M | 1.7B | 1.31B | 4M |
| Operating Income | 317M▲ 0% | 92M▼ 71.0% | 309M▲ 235.9% | -365M▼ 218.1% | -117M▲ 67.9% | -45M▲ 61.5% | -3M▲ 93.3% | 58M▲ 2033.3% | -149M▼ 356.9% | -386M▲ 0% |
| Operating Margin % | 18.49% | 4.27% | 12.32% | -29.2% | -5.68% | -1.35% | -0.08% | 1.54% | -4% | -10.15% |
| Operating Income Growth % | 36.05% | -70.98% | 235.87% | -218.12% | 67.95% | 61.54% | 93.33% | 2033.33% | -356.9% | - |
| EBITDA | 392M | 170M | 355M | -332M | -79M | 0 | 47M | 130M | -58M | -253M |
| EBITDA Margin % | 22.87% | 7.89% | 14.15% | -26.56% | -3.84% | - | 1.31% | 3.44% | -1.56% | -6.65% |
| EBITDA Growth % | 36.59% | -56.63% | 108.82% | -193.52% | 76.2% | 100% | - | 176.6% | -144.62% | -312.61% |
| D&A (Non-Cash Add-back) | 75M | 78M | 46M | 33M | 38M | 45M | 50M | 72M | 91M | 133M |
| EBIT | 319M | 109M | 325M | -360M | -115M | -42M | 33M | 50M | -149M | -80M |
| Net Interest Income | -1M | 13M | 16M | -7M | -27M | 0 | 35M | 28M | 15M | 9M |
| Interest Income | 2M | 17M | 16M | 5M | 2M | 10M | 36M | 32M | 26M | 19M |
| Interest Expense | 3M | 4M | 0 | 12M | 29M | 10M | 1M | 4M | 11M | -2M |
| Other Income/Expense | -1M | 13M | 16M | -7M | -27M | 0 | 35M | 28M | 15M | 11M |
| Pretax Income | 316M▲ 0% | 105M▼ 66.8% | 325M▲ 209.5% | -372M▼ 214.5% | -144M▲ 61.3% | -45M▲ 68.8% | 32M▲ 171.1% | 86M▲ 168.8% | -134M▼ 255.8% | -375M▲ 0% |
| Pretax Margin % | 18.44% | 4.87% | 12.96% | -29.76% | -6.99% | -1.35% | 0.89% | 2.28% | -3.6% | -9.86% |
| Income Tax | 116M | 25M | 74M | -147M | -42M | -8M | 43M | 1M | 3M | -9M |
| Effective Tax Rate % | 36.71% | 23.81% | 22.77% | 39.52% | 29.17% | 17.78% | 134.38% | 1.16% | -2.24% | 2.4% |
| Net Income | 200M▲ 0% | 80M▼ 60.0% | 251M▲ 213.8% | -225M▼ 189.6% | -102M▲ 54.7% | -37M▲ 63.7% | -11M▲ 70.3% | 85M▲ 872.7% | -137M▼ 261.2% | -366M▲ 0% |
| Net Margin % | 11.67% | 3.71% | 10.01% | -18% | -4.95% | -1.11% | -0.31% | 2.25% | -3.68% | -9.62% |
| Net Income Growth % | 36.99% | -60% | 213.75% | -189.64% | 54.67% | 63.73% | 70.27% | 872.73% | -261.18% | -638.24% |
| Net Income (Continuing) | 200M | 80M | 251M | -225M | -102M | -37M | -11M | 85M | -137M | -366M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.93▲ 0% | 0.37▼ 60.2% | 1.10▲ 197.3% | -1.05▼ 195.5% | -0.47▲ 55.2% | -0.17▲ 63.8% | -0.05▲ 70.6% | 0.38▲ 860.0% | -0.60▼ 257.9% | -▲ 0% |
| EPS Growth % | 36.76% | -60.22% | 197.3% | -195.45% | 55.24% | 63.83% | 70.59% | 860% | -257.89% | -651.72% |
| EPS (Basic) | 0.93 | 0.37 | 1.10 | -1.05 | -0.47 | -0.17 | -0.05 | 0.38 | -0.60 | - |
| Diluted Shares Outstanding | 214.26M | 215.92M | 215.08M | 215.08M | 217.06M | 217.6M | 220.1M | 225.72M | 229.97M | 0 |
| Basic Shares Outstanding | 214.26M | 214.07M | 215.08M | 215.08M | 217.06M | 217.6M | 220.1M | 224.33M | 228.79M | 0 |
| Dividend Payout Ratio | 50.5% | 263.75% | 63.35% | - | - | - | - | - | - | - |
ULCC Balance Sheet
Frontier Group Holdings, Inc. (ULCC) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 722M | 859M | 944M | 650M | 1.04B | 1.02B | 871M | 990M | 958M | 1.1B |
| Cash & Short-Term Investments | 612M | 698M | 768M | 378M | 918M | 761M | 609M | 740M | 671M | 772M |
| Cash Only | 612M | 698M | 768M | 378M | 918M | 761M | 609M | 740M | 671M | 772M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 47M | 70M | 101M | 215M | 62M | 98M | 96M | 93M | 89M | 118M |
| Days Sales Outstanding | 10.01 | 11.85 | 14.7 | 62.78 | 10.99 | 10.75 | 9.76 | 8.99 | 8.72 | 10 |
| Inventory | 19M | 18M | 20M | 18M | 29M | 55M | 79M | 79M | 0 | 0 |
| Days Inventory Outstanding | 5.83 | 3.68 | 3.64 | 4.01 | 4.68 | 6.59 | 8.77 | 15.69 | - | 3 |
| Other Current Assets | 21M | 49M | 42M | 15M | 14M | 86M | 66M | 76M | 198M | 208M |
| Total Non-Current Assets | 619M | 655M | 2.92B | 2.9B | 3.2B | 3.48B | 4.12B | 5.16B | 6.26B | 5.92B |
| Property, Plant & Equipment | 276M | 174M | 2.44B | 2.43B | 2.61B | 2.71B | 3.27B | 4.71B | 0 | 5.88B |
| Fixed Asset Turnover | 6.21x | 12.39x | 1.03x | 0.52x | 0.79x | 1.23x | 1.10x | 0.80x | - | 0.92x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 35M | 31M | 30M | 29M | 29M | 28M | 28M | 27M | 27M | 27M |
| Long-Term Investments | -77M | 0 | 9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 308M | 450M | 448M | 449M | 557M | 741M | 821M | 426M | 6.24B | 7.02B |
| Total Assets | 1.34B▲ 0% | 1.51B▲ 12.9% | 3.86B▲ 155.2% | 3.55B▼ 8.0% | 4.24B▲ 19.2% | 4.5B▲ 6.2% | 4.99B▲ 11.0% | 6.15B▲ 23.2% | 7.22B▲ 17.3% | 7.02B▲ 0% |
| Asset Turnover | 1.28x | 1.42x | 0.65x | 0.35x | 0.49x | 0.74x | 0.72x | 0.61x | 0.52x | 0.55x |
| Asset Growth % | 18.88% | 12.9% | 155.22% | -8.02% | 19.16% | 6.23% | 10.98% | 23.23% | 17.34% | 55.31% |
| Total Current Liabilities | 553M | 776M | 1.25B | 1B | 1.33B | 1.55B | 1.66B | 1.85B | 2.1B | 2.24B |
| Accounts Payable | 46M | 47M | 71M | 71M | 86M | 89M | 134M | 115M | 130M | 115M |
| Days Payables Outstanding | 14.11 | 9.62 | 12.93 | 15.8 | 13.88 | 10.67 | 14.88 | 22.84 | 19.75 | 19.96 |
| Short-Term Debt | 141M | 126M | 150M | 101M | 127M | 157M | 251M | 261M | 301M | 0 |
| Deferred Revenue (Current) | 7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 342M |
| Other Current Liabilities | 316M | 469M | 570M | 318M | 496M | 627M | 381M | 551M | 893M | 2.24B |
| Current Ratio | 1.31x | 1.11x | 0.75x | 0.65x | 0.78x | 0.66x | 0.53x | 0.53x | 0.46x | 0.46x |
| Quick Ratio | 1.27x | 1.08x | 0.74x | 0.63x | 0.76x | 0.62x | 0.48x | 0.49x | 0.46x | 0.46x |
| Cash Conversion Cycle | 1.73 | 5.91 | 5.41 | 50.98 | 1.79 | 6.68 | 3.66 | 1.84 | - | -6.96 |
| Total Non-Current Liabilities | 342M | 458M | 2.07B | 2.24B | 2.38B | 2.44B | 2.83B | 3.7B | 4.63B | 4.56B |
| Long-Term Debt | 96M | 88M | 95M | 247M | 287M | 272M | 219M | 241M | 313M | 0 |
| Capital Lease Obligations | 0 | 0 | 1.87B | 1.85B | 1.99B | 2.03B | 2.44B | 3.3B | 4.07B | 11.33B |
| Deferred Tax Liabilities | 14M | 0 | 27M | 9M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 164M | 201M | 72M | 114M | 39M | 111M | 169M | 154M | 199M | 5.05B |
| Total Liabilities | 895M | 1.23B | 3.32B | 3.24B | 3.71B | 3.99B | 4.49B | 5.55B | 6.73B | 6.79B |
| Total Debt | 246M | 214M | 2.51B | 2.61B | 2.85B | 2.93B | 3.46B | 4.47B | 5.46B | 0 |
| Net Debt | -366M | -484M | 1.74B | 2.23B | 1.93B | 2.17B | 2.85B | 3.73B | 4.79B | -772M |
| Debt / Equity | 0.55x | 0.76x | 4.62x | 8.43x | 5.38x | 5.75x | 6.82x | 7.40x | 11.13x | 11.13x |
| Debt / EBITDA | 0.63x | 1.26x | 7.06x | - | - | - | 73.60x | 34.37x | - | -0.00x |
| Net Debt / EBITDA | -0.93x | -2.85x | 4.90x | - | - | - | 60.64x | 28.68x | - | 3.05x |
| Interest Coverage | 106.33x | 27.25x | - | -30.00x | -3.97x | -4.20x | 33.00x | 12.50x | -13.55x | 40.00x |
| Total Equity | 446M▲ 0% | 280M▼ 37.2% | 542M▲ 93.6% | 310M▼ 42.8% | 530M▲ 71.0% | 509M▼ 4.0% | 507M▼ 0.4% | 604M▲ 19.1% | 491M▼ 18.7% | 222M▲ 0% |
| Equity Growth % | 30.41% | -37.22% | 93.57% | -42.8% | 70.97% | -3.96% | -0.39% | 19.13% | -18.71% | -103.4% |
| Book Value per Share | 2.08 | 1.30 | 2.52 | 1.44 | 2.44 | 2.34 | 2.30 | 2.68 | 2.14 | 0.97 |
| Total Shareholders' Equity | 446M | 280M | 542M | 310M | 530M | 509M | 507M | 604M | 491M | 222M |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 395M | 245M | 486M | 261M | 159M | 122M | 111M | 196M | 59M | -213M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 1M | -17M | 4M | -11M | -10M | -6M | -7M | -6M | -5M | -5M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ULCC Cash Flow Statement
Frontier Group Holdings, Inc. (ULCC) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 238M | 189M | 171M | -557M | 216M | -78M | -261M | -82M | -525M | -525M |
| Operating CF Margin % | 13.89% | 8.77% | 6.82% | -44.56% | 10.49% | -2.35% | -7.27% | -2.17% | -14.1% | - |
| Operating CF Growth % | 14.42% | -20.59% | -9.52% | -425.73% | 138.78% | -136.11% | -234.62% | 68.58% | -540.24% | -1673.68% |
| Net Income | 200M | 80M | 251M | -225M | -102M | -37M | -11M | 85M | -137M | -366M |
| Depreciation & Amortization | 75M | 78M | 46M | 33M | 38M | 45M | 50M | 72M | 0 | 70M |
| Stock-Based Compensation | 42M | 26M | 8M | 8M | 11M | 15M | 14M | 16M | 0 | 16M |
| Deferred Taxes | -23M | -72M | 52M | -14M | -32M | -8M | 43M | 0 | 0 | -8M |
| Other Non-Cash Items | -13M | 7M | -108M | -26M | -37M | -79M | -146M | -292M | -186M | 76M |
| Working Capital Changes | -43M | 70M | -78M | -333M | 338M | -14M | -211M | 37M | -202M | -187M |
| Change in Receivables | 28M | 28M | -6M | 61M | -14M | -28M | 33M | 22M | -12M | -29M |
| Change in Inventory | 20M | 29M | -18M | -166M | 174M | -40M | 0 | 20M | 0 | -34M |
| Change in Payables | 20M | -7M | 24M | -213M | 13M | -4M | 47M | -15M | -1M | 0 |
| Cash from Investing | -39M | -59M | -62M | 11M | -67M | -154M | -90M | -75M | -99M | -37M |
| Capital Expenditures | -30M | -35M | -17M | -16M | -63M | -152M | -87M | -73M | -99M | -55M |
| CapEx % of Revenue | 1.75% | 1.62% | 0.68% | 1.28% | 3.06% | 4.57% | 2.42% | 1.93% | 2.66% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -9M | -24M | -45M | 27M | -4M | -2M | -3M | -2M | 0 | 18M |
| Cash from Financing | -6M | -149M | -39M | 156M | 391M | 75M | 199M | 288M | 555M | 522M |
| Debt Issued (Net) | 100M | -90M | 31M | 157M | 125M | 7M | 203M | 293M | 112M | 303M |
| Equity Issued (Net) | 0 | 0 | 0 | -1M | -3M | -4M | -5M | 0 | 6M | 0 |
| Dividends Paid | -101M | -211M | -159M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | -1M | 0 | 0 | -5M | 0 | 0 | 0 |
| Other Financing | -5M | 152M | 89M | -1M | 269M | 72M | 1M | -5M | 437M | 219M |
| Net Change in Cash | 193M▲ 0% | -19M▼ 109.8% | 70M▲ 468.4% | -390M▼ 657.1% | 540M▲ 238.5% | -157M▼ 129.1% | -152M▲ 3.2% | 131M▲ 186.2% | -69M▼ 152.7% | 86M▲ 0% |
| Free Cash Flow | 208M▲ 0% | 130M▼ 37.5% | 109M▼ 16.2% | -573M▼ 625.7% | 153M▲ 126.7% | -230M▼ 250.3% | -348M▼ 51.3% | -158M▲ 54.6% | -624M▼ 294.9% | -217M▲ 0% |
| FCF Margin % | 12.14% | 6.03% | 4.35% | -45.84% | 7.43% | -6.92% | -9.7% | -4.19% | -16.76% | -5.7% |
| FCF Growth % | 235.48% | -37.5% | -16.15% | -625.69% | 126.7% | -250.33% | -51.3% | 54.6% | -294.94% | 7.27% |
| FCF per Share | 0.97 | 0.60 | 0.51 | -2.66 | 0.70 | -1.06 | -1.58 | -0.70 | -2.71 | -2.71 |
| FCF Conversion (FCF/Net Income) | 1.19x | 2.36x | 0.68x | 2.48x | -2.12x | 2.11x | 23.73x | -0.96x | 3.83x | 0.59x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ULCC Key Ratios
Frontier Group Holdings, Inc. (ULCC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 50.76% | 22.04% | 61.07% | -52.82% | -24.29% | -7.12% | -2.17% | 15.3% | -25.02% | -88.57% |
| Return on Invested Capital (ROIC) | 201.48% | - | 22.33% | -11.35% | -3.51% | -1.31% | -0.07% | 1.13% | -2.32% | -2.32% |
| Gross Margin | 30.57% | 17.3% | 20.06% | -31.2% | -9.81% | 8.48% | 8.41% | 51.31% | 35.5% | 31.15% |
| Net Margin | 11.67% | 3.71% | 10.01% | -18% | -4.95% | -1.11% | -0.31% | 2.25% | -3.68% | -9.62% |
| Debt / Equity | 0.55x | 0.76x | 4.62x | 8.43x | 5.38x | 5.75x | 6.82x | 7.40x | 11.13x | 11.13x |
| Interest Coverage | 106.33x | 27.25x | - | -30.00x | -3.97x | -4.20x | 33.00x | 12.50x | -13.55x | 40.00x |
| FCF Conversion | 1.19x | 2.36x | 0.68x | 2.48x | -2.12x | 2.11x | 23.73x | -0.96x | 3.83x | 0.59x |
| Revenue Growth | 6.86% | 25.79% | 16.33% | -50.16% | 64.8% | 61.46% | 7.91% | 5.18% | -1.35% | -0.47% |
ULCC SEC Filings & Documents
Frontier Group Holdings, Inc. (ULCC) SEC filings — annual & quarterly reports (10-K, 10-Q)
ULCC Frequently Asked Questions
Frontier Group Holdings, Inc. (ULCC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Frontier Group Holdings, Inc. (ULCC) reported $3.80B in revenue for fiscal year 2025. This represents a 137% increase from $1.60B in 2015.
Frontier Group Holdings, Inc. (ULCC) saw revenue decline by 1.4% over the past year.
Frontier Group Holdings, Inc. (ULCC) reported a net loss of $366.0M for fiscal year 2025.
Dividend & Returns
Frontier Group Holdings, Inc. (ULCC) has a return on equity (ROE) of -25.0%. Negative ROE indicates the company is unprofitable.
Frontier Group Holdings, Inc. (ULCC) had negative free cash flow of $217.0M in fiscal year 2025, likely due to heavy capital investments.
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