| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | 3 | — | 1 | — | — | 2 | 2 | 2 | 5 | 2 |
| total | individual payouts | |
|---|---|---|
| 2025 | ‡‡‡ |
|
| 2024 | ‡‡‡ |
|
| 2023 | ‡‡‡ |
|
| 2022 | ‡‡‡ |
|
| 2021 | ‡‡‡ |
|
| 2020 | ‡‡‡ |
|
| 2019 | ‡‡‡‡ |
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 609.00 | 740.00 | 671.00 | 955.00 |
| Receivables | 93.00 | 73.00 | 85.00 | 147.00 |
| Inventory | 79.00 | 79.00 | 90.00 | 91.00 |
| Other | 90.00 | 98.00 | 112.00 | 113.00 |
| 871.00 | 990.00 | 958.00 | 1,306.00 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 134.00 | 115.00 | 130.00 | 95.00 |
| ST’ Debt | 251.00 | 261.00 | 301.00 | 206.00 |
| Other | 461.00 | 500.00 | 525.00 | 645.00 |
| 1,658.00 | 1,852.00 | 2,103.00 | 2,239.00 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | — | ‡‡‡ | ‡‡‡ |
| Earnings | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Book Value | — | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 992.00 | 1,279.00 | — | — |
—
|
| ’25 | 912.00 | 929.00 | 886.00 | 997.00 |
3,724.00
|
| ’24 | 865.00 | 973.00 | 935.00 | 1,002.00 |
3,775.00
|
| ’23 | 848.00 | 967.00 | 883.00 | 891.00 |
3,589.00
|
| ’22 | 605.00 | 909.00 | 906.00 | 906.00 |
3,326.00
|
| ’21 | 271.00 | 550.00 | 630.00 | 609.00 |
2,060.00
|
| ’20 | 544.00 | 194.00 | 245.00 | 267.00 |
1,250.00
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 40.00 | 151.00 | — | — |
—
|
| ’25 | (86.00) | (133.00) | (215.00) | (91.00) |
(525.00)
|
| ’24 | (22.00) | 9.00 | (156.00) | 87.00 |
(82.00)
|
| ’23 | (25.00) | (9.00) | (173.00) | (54.00) |
(261.00)
|
| ’22 | (87.00) | 20.00 | (105.00) | 94.00 |
(78.00)
|
| ’21 | 30.00 | 212.00 | (146.00) | 120.00 |
216.00
|
| ’20 | (180.00) | (13.00) | (173.00) | (191.00) |
(557.00)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 28.00 | 138.00 | — | — |
—
|
| ’25 | (104.00) | (166.00) | (217.00) | (113.00) |
(600.00)
|
| ’24 | (39.00) | (22.00) | (170.00) | 73.00 |
(158.00)
|
| ’23 | (36.00) | (21.00) | (187.00) | (68.00) |
(312.00)
|
| ’22 | (94.00) | 13.00 | (122.00) | 84.00 |
(119.00)
|
| ’21 | 27.00 | 203.00 | (154.00) | 113.00 |
189.00
|
| ’20 | (182.00) | (17.00) | (173.00) | (201.00) |
(573.00)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (1.18) | (0.39) | — | — |
—
|
| ’25 | (0.19) | (0.31) | (0.34) | 0.23 |
(0.60)
|
| ’24 | (0.12) | 0.14 | 0.11 | 0.23 |
0.37
|
| ’23 | (0.06) | 0.31 | (0.14) | (0.17) |
(0.05)
|
| ’22 | (0.56) | 0.06 | 0.13 | 0.18 |
(0.17)
|
| ’21 | (0.46) | 0.08 | 0.11 | (0.25) |
(0.48)
|
| ’20 | (0.30) | 0.08 | — | (0.59) |
(1.05)
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | — | — | ‡‡‡‡‡ | 8.19 | 3.19 | 2.79 | 2.89 | — | — | — |
Low Price
|
| — | — | — | — | — | ‡‡‡‡ | 15.25 | 14.10 | 8.33 | 10.26 | — | — | — |
High Price
|
| — | — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | 6,470 | 7,235 | 7,938 | 7,750 | — | — | — |
Employees
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.51 | 0.50 | 0.48 | 0.48 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3,326.00 | 3,589.00 | 3,775.00 | 3,724.00 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 31.33% | 33.71% | 32.13% | 30.10% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (45.00) | 32.00 | 86.00 | (134.00) | ‡‡‡‡‡ | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.35%) | 0.89% | 2.28% | (3.60%) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (37.00) | (11.00) | 85.00 | (137.00) | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 46.00 | 51.00 | 73.00 | 92.00 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 15.28 | 16.31 | 16.83 | 16.35 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.17) | (0.05) | 0.37 | (0.60) | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.36) | (1.19) | (0.37) | (2.30) | ‡‡‡‡‡ | — | — |
Cash Flow/Sh
|
| ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.19) | (0.23) | (0.34) | (0.33) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.55) | (1.42) | (0.70) | (2.63) | — | — | — |
Free CF/Sh
|
| ‡‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.34 | 2.30 | 2.69 | 2.16 | ‡‡‡‡‡ | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 217.60 | 220.10 | 224.33 | 227.77 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00 | 0.00 | 19.22 | 0.00 | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.66 | 0.33 | 0.42 | 0.29 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.32 | 2.31 | 2.64 | 2.19 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.57 | 0.30 | 0.37 | 0.28 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (15.95) | (3.41) | (8.78) | (1.77) | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (78.00) | (261.00) | (82.00) | (525.00) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (41.00) | (51.00) | (76.00) | (75.00) | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Capex
|
| ‡‡‡‡‡ | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (119.00) | (312.00) | (158.00) | (600.00) | ‡‡‡‡‡ | — | — |
FCF
|
| ‡‡‡‡‡ | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (535.00) | (787.00) | (862.00) | (1,145.00) | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 461.00 | 505.00 | 533.00 | 658.00 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (300.00) | (104.00) | (207.00) | (13.00) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | — | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 509.00 | 507.00 | 604.00 | 491.00 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.85%) | (0.23%) | 1.51% | (2.05%) | ‡‡‡‡‡ | — | — |
ROA
|
| ‡‡‡ | — | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (13.46%) | (0.47%) | 9.13% | (19.48%) | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (7.12%) | (2.17%) | 15.12% | (25.02%) | ‡‡‡‡‡ | — | — |
ROE
|
Frontier Group Holdings (ULCC), the ultra-low-cost carrier behind Frontier Airlines, has delivered impressive revenue growth amid industry turbulence—from $1.71 billion in 2016 to $3.78 billion in 2024, with projections hitting $4.92 billion by 2027 driven by route expansions and efficiency gains like revenue per employee doubling to $476K. Yet, profitability remains erratic: after deep COVID losses, 2024 marked a $85 million net income turnaround (2.3% margin), but analysts forecast a $169 million loss in 2025 before rebounding.
The balance sheet shows manageable debt around $500 million but liquidity strains and negative free cash flow (-$0.70 per share in 2024), fueling a stock plunge from $23 highs to $2.79 lows (-78%). Valuation looks dirt cheap (PS ratio 0.42 vs. industry 1x), but insider sells totaling $6.35 million with zero buys signal caution, while Wall Street targets suggest modest upside (average flat, high 50%).
For retail investors, ULCC is a high-risk, high-reward play banking on 20%+ revenue CAGR and margin stability—if execution clicks amid fuel costs, labor woes, and engine issues, it could soar; otherwise, more bumps ahead. Dive into the full analysis for the charts, trends, and your next move.
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