Frontier Group Holdings, Inc.

Frontier Group Holdings, Inc.

7.43
USD
+0.31
(+4.35%)
-1.80EPS
1.38BMarket Cap
Feb 10Next Earn
2014 Y
2015 Y
2016 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7.43
7.49
8
10.07
11.71
5.81
9.76
15.28
16.31
16.83
16.35
20.13
Basic EPS, GAAP
0.65
0.68
0.93
0.37
1.17
-1.05
-0.48
-0.17
-0.05
0.38
-0.6
-1.8
Free Cash Flow per Basic Share
0.61
0.47
1.09
0.72
0.72
-2.59
0.85
-0.87
-1.35
-0.37
-2.41
0.61
Dividend per Share
- -
- -
0.47
0.99
0.74
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
1.59
2.07
- -
2.52
1.44
2.44
2.34
2.27
2.68
2.14
0.16
Tangible Book Value per Share
- -
1.42
1.91
- -
2.38
1.31
2.31
2.21
2.15
2.56
2.03
0.04
Basic Weighted Avg Shares
214
214
214
214
214
215
211
218
220
224
228
230
Sales/Revenue/Turnover
1,593
1,604
1,714
2,156
2,508
1,250
2,060
3,326
3,589
3,775
3,724
4,623
Operating Margin (%)
14.31
17.21
18.49
4.27
12.32
-44.64
-20
-1.05
-0.08
1.54
-4
-9.5
Depreciation Expense
29
54
75
78
46
33
38
45
50
72
91
109
Net Income, GAAP
140
146
200
80
251
-225
-102
-37
-11
85
-137
-413
Effective Tax Rate (%)
37.5
35.96
36.71
23.81
22.77
- -
- -
- -
134.38
1.16
- -
- -
Profit Margin (%)
8.79
9.1
11.67
3.71
10.01
-18
-4.95
-1.11
-0.31
2.25
-3.68
-8.93
Working Capital
- -
43
169
- -
-310
-353
-289
-535
-787
-862
-1,145
-817
LT Debt
- -
118
96
- -
1,969
2,095
2,278
2,306
2,659
3,543
4,383
4,166
Total Equity
- -
342
446
- -
542
310
530
509
507
604
491
37
Return on Invested Capital (%)
- -
- -
29.68
- -
- -
- -
- -
- -
0.03
1.23
- -
- -
Return on Capital (%)
- -
- -
31.87
- -
- -
- -
- -
- -
-0.31
1.97
- -
- -
Return on Common Equity (%)
- -
- -
50.76
- -
- -
-52.82
-24.29
-7.12
-2.17
15.3
-25.02
-175.37

Capital Structure

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
ST Debt
1,033
958
884
LT Borrowings
343
300
322
LT Finance Leases
3,872
3,984
3,844
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
230
230
230
Market Capitalization
811
1,821
1,375

Working Capital

USD

•

in mil. unless spec.
Mar'26
Jun'26
Sep'26
Total Current Assets
1,098
1,306
1,351
Cash, Cash Equivalents & STI
772
955
976
Accounts Receivable, Net
118
147
166
Inventories
106
91
105
Total Current Liabilities
2,238
2,239
2,168
Payables & Accruals
437
422
388
ST Debt
1,033
958
884
Deferred Revenue
480
541
536

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
13.41%
-18.71%
Free Cash Flow
- -
43.39%
569.51%
Net Income, GAAP
-131.72%
-264.52%
-261.18%
Sales/Revenue/Turnover
13.75%
27.6%
-1.35%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
865
973
935
1,002
3,775
2025
912
929
886
997
3,724
2026
992
1,279
1,355
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.12
0.14
0.12
0.24
0.38
2025
-0.19
-0.31
-0.34
0.23
-0.6
2026
-1.19
-0.39
-0.45
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
James G. Dempsey
Full Time Employees
7,750
Sector
Transportation
Industry
Airlines
Address
4545 Airport Way Denver CO United States 80239
IPO Date
Apr 1, 2021
Business
Frontier Group Holdings, Inc. (Nasdaq: ULCC) operates as the parent company of Frontier Airlines, Inc., a low-fare scheduled passenger airline serving leisure travelers primarily in the United States and Latin America; the company offers point-to-point nonstop flights on a fleet of 159 Airbus single-aisle aircraft as of December 31, 2024, with ancillary products and services including bags, seats, snacks, beverages, early boarding, and the Frontier Miles loyalty program featuring free unlimited companion travel benefits for Elite Platinum and Diamond status members; sales occur through direct channels such as the company website, mobile app, and contact centers, targeting price-sensitive customers in top U.S. metropolitan areas with a focus on network optimization, customer experience enhancements, and fleet deliveries extending through 2031 including commitments for an additional 180 aircraft. Founded in 1994 and headquartered at 4545 Airport Way in Denver, Colorado, Frontier Group Holdings employs approximately 7,913 people and competes in the ultra-low-cost carrier segment of the passenger airlines industry under CEO Barry Biffle. Recent developments include the launch of over 40 new routes in 2025 across the U.S., Caribbean, and Latin America such as Baltimore-Chicago O'Hare, Myrtle Beach-Trenton, and expansions from Atlanta to capture market share amid Spirit Airlines' financial challenges; a January 2025 proposal to combine with Spirit Airlines via newly issued debt and common stock, offering higher recoveries for Spirit stakeholders than its standalone restructuring plan and promising synergies for a stronger low-cost carrier with enhanced service reliability and market expansion; and loyalty program upgrades driving a 19 percent increase in cardholder spending in the second quarter of 2025 alongside product investments for 2026 growth.

Company News

  • EY Builds Its Frontier AI and Cyber Resilience Business on CrowdStrike, Commits to Training Cyber Workforce on the Falcon Platform

  • Frontier Airlines: The Turnaround Is Working, But Fuel Costs Remain A Risk

  • Frontier Airlines Announces Leadership Changes, Including Appointment of Michael Delehant to Executive Vice President, Chief Operating Officer

  • Why Frontier Group Holdings Stock Gained Altitude This Week

  • Zone Frontier Inc. Provides Shareholder Update on Minnesota Execution and Debt Financing Progress, Completed Strategic Transformation, Insider Share Purchases and Texas Project

  • Q2 Eyes Personal AI Agents as Banking's Next Channel—and Fraud Frontier

  • monday.com Unveils Frontier to Drive Enterprise AI Deployment and Consumption Growth

  • Frontier Group Holdings, Inc. (ULCC) Q3 2026 Earnings Call Transcript

  • What Frontier Group (ULCC) Said on Its Q3 Earnings Call

  • Frontier Group (ULCC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

  • Frontier Group Holdings (ULCC) Tops Q3 Earnings and Revenue Estimates

  • Frontier Airlines forecasts smaller-than-expected quarterly loss after surprise profit

  • Frontier Airlines Delivers Record Third Quarter 2026 Revenue of $1.4 billion, up 53 percent Year-over-Year, and Adjusted EPS Significantly Above Guidance Overcoming High Fuel Prices

  • Will Frontier Group Holdings (ULCC) Report Negative Earnings Next Week? What You Should Know

  • SpaceX Is Launching More Than Satellites: The Next Frontier Is Space Cybersecurity

  • Frontier Group Holdings Announces Webcast of Third Quarter 2026 Financial Results

  • Zone Frontier Inc. Announces 1-for-60 Reverse Stock Split

  • Meta Claims Frontier-Class AI Status With New Muse Wonder Models

  • Physician Research Points to a New Frontier for Stemtech Corporation: Nutritional Activation of the Body's Endogenous Regenerative System

  • Snorkel AI Raises $350 Million to Help Push the Frontier: NYSE Content Update