Frontier Group Holdings Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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 & Equivalents	-	740	609	761	918
Cash & Short-Term Investments	566	740	609	761	918
Cash Growth	-23.51%	21.51%	-19.97%	-17.10%	142.86%
Accounts Receivable	-	72	92	78	40
Other Receivables	-	60	53	63	23
Receivables	-	149	159	141	63
Inventory	-	79	79	55	29
Prepaid Expenses	-	18	21	20	14
Other Current Assets	-	4	3	19	13
Total Current Assets	-	990	871	1,020	1,037
Property, Plant & Equipment	-	4,306	3,273	2,710	2,612
Other Intangible Assets	-	27	28	28	29
Other Long-Term Assets	-	820	805	738	557
Total Assets	-	6,153	4,993	4,499	4,235
Accounts Payable	-	115	134	89	86
Accrued Expenses	-	351	343	314	232
Current Portion of Long-Term Debt	-	261	251	157	127
Current Portion of Leases	-	664	549	465	444
Current Unearned Revenue	-	312	263	326	286
Other Current Liabilities	-	149	118	204	151
Total Current Liabilities	-	1,852	1,658	1,555	1,326
Long-Term Debt	-	241	219	272	287
Long-Term Leases	-	3,302	2,440	2,034	1,991
Long-Term Unearned Revenue	-	40	41	47	62
Long-Term Deferred Tax Liabilities	-	8	-	-	-
Other Long-Term Liabilities	-	106	128	82	39
Total Liabilities	-	5,549	4,486	3,990	3,705
Additional Paid-In Capital	-	414	403	393	381
Retained Earnings	-	196	111	122	159
Comprehensive Income & Other	-	-6	-7	-6	-10
Shareholders' Equity	434	604	507	509	530
Total Liabilities & Equity	-	6,153	4,993	4,499	4,235
Total Debt	5,032	4,468	3,459	2,928	2,849
Net Cash (Debt)	-4,466	-3,728	-2,850	-2,167	-1,931
Net Cash Per Share	-19.61	-16.46	-12.95	-9.96	-9.13
Filing Date Shares Outstanding	228.95	227.25	223.37	218.06	217.1
Total Common Shares Outstanding	228.23	225.44	223	217.88	217.07
Working Capital	-	-862	-787	-535	-289
Book Value Per Share	1.90	2.68	2.27	2.34	2.44
Tangible Book Value	407	577	479	481	501
Tangible Book Value Per Share	1.78	2.56	2.15	2.21	2.31
Machinery	-	461	344	255	212

Updated Feb 11, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q