Frontier Group Holdings, Inc.

Frontier Group Holdings, Inc.

ULCC
Frontier Group Holdings, Inc.US flagNASDAQ Global Select
7.58
USD
-0.15
- -
1.74BMarket Cap
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
15.26
16.31
16.83
16.35
16.64
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
-1.6
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
-1.8
Dividend per Share
- -
- -
0.47
0.99
0.74
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
1.4
1.84
- -
2.27
1.21
0.75
0.56
0.5
0.87
0.26
-0.93
Tangible Book Value per Share
- -
1.42
1.92
- -
2.39
1.31
2.37
2.21
2.18
2.57
2.04
0.85
Basic Weighted Avg Shares
214
214
214
214
214
215
211
218
220
224
228
229
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
3,804
Operating Margin (%)
14.31
17.21
18.49
4.27
12.32
-44.64
-20
-1.05
-0.08
1.54
-4
-10.15
Depreciation Expense
29
54
75
78
46
33
38
45
50
72
91
96
Net Income, GAAP
140
146
200
80
251
-225
-102
-37
-11
85
-137
-366
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
-9.62
Working Capital
- -
43
169
- -
-310
-353
-289
-535
-787
-862
-1,145
-1,140
LT Debt
- -
118
96
- -
1,969
2,095
2,278
2,306
2,659
3,543
4,383
4,215
Total Equity
- -
342
446
- -
542
310
530
509
507
604
491
222
Return on Invested Capital (%)
- -
57.48
29.68
19.02
15.33
- -
- -
- -
0.03
1.23
- -
- -
Return on Capital (%)
- -
56.09
34.42
25.91
16.78
- -
- -
- -
-0.34
2.16
- -
- -
Return on Common Equity (%)
- -
97.66
57.64
40.51
103.29
-60.24
-48.57
-26.33
-9.44
55.37
-107.45
-324.4

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,081
1,080
1,033
LT Borrowings
305
313
343
LT Finance Leases
3,646
4,070
3,872
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
228
229
230
Market Capitalization
1,004
1,074
807

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
847
958
1,098
Cash, Cash Equivalents & STI
566
671
772
Accounts Receivable, Net
93
85
118
Inventories
90
90
106
Total Current Liabilities
2,110
2,103
2,238
Payables & Accruals
447
421
437
ST Debt
1,081
1,080
1,033
Deferred Revenue
343
368
480

Growth Rates

FRC

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

FRC

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
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

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
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

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

Company Description

APIChatGPT
CEO
James G. Dempsey
Full Time Employees
7,906
Sector
Industrials
Industry
Airlines, Airports & Air Services
Address
4545 Airport Way Denver CO United States of America 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

APIChatGPT
  • Frontier Airlines: A Speculative Buy On A Promising Transformation

  • Higher Airfares Are Sticking After Spring Price Hikes, Analyst Says

  • Frontier Airlines and Barclays Extend Long-Term Partnership to Deliver More Value for FRONTIER Airlines World Mastercard ® Cardmembers

  • Frontier Power USA Welcomes $50 Million Investment from Hudson Bay Capital as Part of a $125 Million Hudson Bay Commitment in Support of FPUSA

  • Eos Announces $125 Million Investment for Frontier Power USA, Bringing Expected Frontier Equity Investment up to $375 Million

  • Eos Announces Pricing of Registered Direct Offering of Common Stock and Warrants to Fund Investment in Frontier Power USA

  • Eos Energy Enterprises, Inc. Announces Proposed Registered Direct Offering of Common Stock and Warrants to Fund Investment in Frontier Power USA

  • HP Inc. Launches Frontier Strategic Partnership with OpenAI to Fuel Customer-Facing Experiences and Transform Internal Operations

  • Frontier Power USA Engages KKR Capital Markets to Support Scaled Deployment of Long-Duration Energy Storage

  • Fermi America Tells Texas Lawmakers Project Matador Will Push the Frontier of AI Compute While Setting a New Standard for Water Stewardship

  • Sophos Joins the OpenAI Daybreak Cyber Partner Program to Strengthen Customer Defense with Frontier AI

  • Check Point to Embed OpenAI Frontier Cyber Capabilities into Check Point Security Products

  • Eos Energy Enterprises Announces First Purchase Order Under Frontier Power USA's 2 GWh Capacity Reservation Agreement

  • Anthropic becomes first AI startup to join the Frontier carbon removal coalition

  • Open-Source AI Models Are Eating the Frontier: Where Value Goes

  • Check Point and Illumio Expand Partnership to Deliver Protection and Resilience Against Frontier AI-Powered Attacks

  • AI Frontier Models' Potential Threats to SAP Systems Explored in Latest Onapsis Docuseries Episode Debuting June 25

  • International Frontier Resources Corporation Announces Annual General and Special Meeting of Shareholders on July 30, 2026

  • First National Bank Alaska: A Fortress In The Last Frontier, But Priced For Perfection

  • International Frontier Resources Corporation Provides Corporate Update Regarding Annual General Meeting