Frontier Group Holdings, Inc. (ULCC)

Frontier Group Holdings Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	3,606	3,589	3,326	2,060	1,250	2,508
Revenue Growth (YoY)	1.04%	7.91%	61.46%	64.80%	-50.16%	16.33%
Cost of Revenue	3,283	3,237	2,999	2,224	1,607	1,959
Gross Profit	323	352	327	-164	-357	549
Selling, General & Admin	164	164	164	109	78	130
Other Operating Expenses	168	191	208	-156	-70	110
Operating Expenses	332	355	372	-47	8	240
Operating Income	-9	-3	-45	-117	-365	309
Interest Expense / Income	32	29	21	33	18	11
Other Expense / Income	-66	-64	-21	-6	-11	-27
Pretax Income	25	32	-45	-144	-372	325
Income Tax	49	43	-8	-42	-147	74
Net Income	-24	-11	-37	-102	-225	251
Net Income Growth	-	-	-	-	-	213.75%
Shares Outstanding (Basic)	223	221	218	216	215	-
Shares Change	2.44%	1.52%	0.81%	0.43%	-	-
EPS (Basic)	-0.11	-0.05	-0.17	-0.48	-1.13	1.19
EPS (Diluted)	-0.12	-0.05	-0.17	-0.48	-1.13	1.19
EPS Growth	-	-	-	-	-	230.56%
Free Cash Flow	-361	-348	-230	153	-545	109
Free Cash Flow Per Share	-1.62	-1.57	-1.06	0.71	-2.53	-
Gross Margin	8.96%	9.81%	9.83%	-7.96%	-28.56%	21.89%
Operating Margin	-0.25%	-0.08%	-1.35%	-5.68%	-29.20%	12.32%
Profit Margin	-0.67%	-0.31%	-1.11%	-4.95%	-18.00%	10.01%
Free Cash Flow Margin	-10.01%	-9.70%	-6.92%	7.43%	-43.60%	4.35%
Effective Tax Rate	196.00%	134.38%	-	-	-	22.77%
EBITDA	112	111	21	-73	-321	382
EBITDA Margin	3.11%	3.09%	0.63%	-3.54%	-25.68%	15.23%
Depreciation & Amortization	55	50	45	38	33	46
EBIT	57	61	-24	-111	-354	336
EBIT Margin	1.58%	1.70%	-0.72%	-5.39%	-28.32%	13.40%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).