Frontier Group Holdings, Inc. (ULCC)

NASDAQ: ULCC · Real-Time Price · USD

5.85

+0.01 (0.17%)

At close: Sep 24, 2026, 4:00 PM EDT

5.84

-0.01 (-0.20%)

After-hours: Sep 24, 2026, 7:37 PM EDT

Frontier Group Holdings Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,154	3,724	3,775	3,589	3,326	2,060
Revenue Growth	9.95%	-1.35%	5.18%	7.91%	61.46%	64.80%
Gross Profit	23	105	259	352	327	-164
Operating Income	-578	-451	-276	-150	-122	-472
Net Income	-386	-137	84	-11	-37	-102
Earnings Per Share	-1.69	-0.60	0.37	-0.05	-0.17	-0.48
EPS Growth	-	-	-	-	-	-

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
United States	3,968	3,547	3,565	3,315	3,051	1,950
Latin America	186	177	210	274	275	110
Total	4,154	3,724	3,775	3,589	3,326	2,060

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	955	671	740	609	761	918
Total Debt	5,242	5,463	4,468	3,459	2,928	2,849
Net Cash (Debt)	-4,287	-4,792	-3,728	-2,850	-2,167	-1,931
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-18.72	-21.04	-16.46	-12.95	-9.96	-9.13

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-115	-525	-82	-261	-78	216
Capital Expenditures	-11	-99	-76	-87	-152	-63
Free Cash Flow	-126	-624	-158	-348	-230	153
Free Cash Flow Growth	-	-	-	-	-	-

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	0.55%	2.82%	6.86%	9.81%	9.83%	-7.96%
Operating Margin	-13.91%	-12.11%	-7.31%	-4.18%	-3.67%	-22.91%
Pretax Margin	-9.61%	-3.60%	2.28%	0.89%	-1.35%	-6.99%
Profit Margin	-9.29%	-3.68%	2.23%	-0.31%	-1.11%	-4.95%
FCF Margin	-3.03%	-16.76%	-4.18%	-9.70%	-6.92%	7.43%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 25, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	19.08	-	-	-
Forward PE	-	275.89	19.91	24.28	10.78	69.69
P/FCF Ratio	-	-	-	-	-	19.16
PS Ratio	0.32	0.29	0.42	0.34	0.67	1.42