Frontier Group Holdings, Inc. (ULCC)
NASDAQ: ULCC · Real-Time Price · USD
7.00
+0.53 (8.19%)
Nov 4, 2026, 9:44 AM EST - Market open
Frontier Group Holdings Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 & Equivalents | 976 | 671 | 740 | 609 | 761 | 918 |
Cash & Short-Term Investments | 976 | 671 | 740 | 609 | 761 | 918 |
Cash Growth | 72.44% | -9.32% | 21.51% | -19.97% | -17.10% | 142.86% |
Accounts Receivable | 166 | 84 | 72 | 92 | 78 | 40 |
Other Receivables | 47 | 73 | 60 | 53 | 63 | 23 |
Receivables | 216 | 169 | 149 | 159 | 141 | 63 |
Inventory | 105 | 90 | 79 | 79 | 55 | 29 |
Prepaid Expenses | 33 | 26 | 18 | 21 | 20 | 14 |
Other Current Assets | 21 | 2 | 4 | 3 | 19 | 13 |
Total Current Assets | 1,351 | 958 | 990 | 871 | 1,020 | 1,037 |
Property, Plant & Equipment | 4,988 | 5,316 | 4,306 | 3,273 | 2,710 | 2,612 |
Other Intangible Assets | 27 | 27 | 27 | 28 | 28 | 29 |
Other Long-Term Assets | 666 | 917 | 820 | 805 | 738 | 557 |
Total Assets | 7,032 | 7,220 | 6,153 | 4,993 | 4,499 | 4,235 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Accounts Payable | 87 | 130 | 115 | 134 | 89 | 86 |
Accrued Expenses | 454 | 392 | 351 | 343 | 314 | 232 |
Current Portion of Long-Term Debt | 160 | 301 | 261 | 251 | 157 | 127 |
Current Portion of Leases | 724 | 779 | 664 | 549 | 465 | 444 |
Current Unearned Revenue | 536 | 368 | 312 | 263 | 326 | 286 |
Other Current Liabilities | 207 | 133 | 149 | 118 | 204 | 151 |
Total Current Liabilities | 2,168 | 2,103 | 1,852 | 1,658 | 1,555 | 1,326 |
Long-Term Debt | 322 | 313 | 241 | 219 | 272 | 287 |
Long-Term Leases | 3,844 | 4,070 | 3,302 | 2,440 | 2,034 | 1,991 |
Long-Term Unearned Revenue | 73 | 53 | 40 | 41 | 47 | 62 |
Long-Term Deferred Tax Liabilities | - | 12 | - | - | - | - |
Other Long-Term Liabilities | 588 | 178 | 114 | 128 | 82 | 39 |
Total Liabilities | 6,995 | 6,729 | 5,549 | 4,486 | 3,990 | 3,705 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Additional Paid-In Capital | 449 | 437 | 414 | 403 | 393 | 381 |
Retained Earnings | -407 | 59 | 196 | 111 | 122 | 159 |
Comprehensive Income & Other | -5 | -5 | -6 | -7 | -6 | -10 |
Shareholders' Equity | 37 | 491 | 604 | 507 | 509 | 530 |
Total Liabilities & Equity | 7,032 | 7,220 | 6,153 | 4,993 | 4,499 | 4,235 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Total Debt | 5,050 | 5,463 | 4,468 | 3,459 | 2,928 | 2,849 |
Net Cash (Debt) | -4,074 | -4,792 | -3,728 | -2,850 | -2,167 | -1,931 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -17.75 | -21.04 | -16.46 | -12.95 | -9.96 | -9.13 |
Filing Date Shares Outstanding | 230.42 | 229.61 | 227.25 | 223.37 | 218.06 | 217.1 |
Total Common Shares Outstanding | 230.34 | 229.01 | 225.44 | 223 | 217.88 | 217.07 |
Working Capital | -817 | -1,145 | -862 | -787 | -535 | -289 |
Book Value Per Share | 0.16 | 2.14 | 2.68 | 2.27 | 2.34 | 2.44 |
Tangible Book Value | 10 | 464 | 577 | 479 | 481 | 501 |
Tangible Book Value Per Share | 0.04 | 2.03 | 2.56 | 2.15 | 2.21 | 2.31 |
Machinery | - | 652 | 461 | 344 | 255 | 212 |