Sunday 11 October 2026 Export all ULCC data to Excel Powerpack

Frontier Group Holdings, Inc.

Frontier Group Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.7 billion, down 1.35% from fiscal 2024. In the quarter to June 2026, revenue grew 37.7%, EPS fell 25.8%, free cash flow grew 183.1% and total debt fell 1.85%, each against the same quarter a year earlier.

5.86 0.07 −1.18%

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Market cap: $1.4B
P/E: 0.0×
Fwd P/E: −3.9×
Dividend yield: —
F-score: 0/9
Altman Z: 0.36
Beneish M: −2.03
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 89.33

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	3	—	1	—	—	2	2	2	5	2	—

Insider Ownership 57.25%

Capital & Financial Ratios $m

Market Cap 1,370.00

Revenue 4,154.00

Net Income (386.00)

Free Cash Flow (164.00)

Net Debt (372.00)

Current Ratio 0.58

Debt/Equity 4.29

P/E ratio 0.00

Fwd P/E (3.86)

P/S ratio 0.32

P/B ratio 9.91

Past 5Y EPS Growth —

This Y EPS Growth 16.82%

Next Y EPS Growth 171.94%

Next Y revenue growth 31.34%

Next 5Y EPS Growth 22.84%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 32.35%

10-year low 10-year high

P/B against its own 10 years 91.79%

10-year low 10-year high

EV/Sales against its own 10 years 16.71%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	609	740	671	955
Receivables	93	73	85	147
Inventory	79	79	90	91
Other	90	98	112	113
	871	990	958	1,306

	2023	2024	2025	Q'26
Payables	134	115	130	95
ST’ Debt	251	261	301	206
Other	461	500	525	645
	1,658	1,852	2,103	2,239

Compound Annual Growth %

	10y	5y	3y
Sales	8.79%	24.40%	3.84%
Cash Flow	—	0.00%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	—	9.63%	(1.19%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	992	1,279	—	—	—
’25	912	929	886	997	3,724
’24	865	973	935	1,002	3,775
’23	848	967	883	891	3,589
’22	605	909	906	906	3,326
’21	271	550	630	609	2,060
’20	544	194	245	267	1,250

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	40	151	—	—	—
’25	(86)	(133)	(215)	(91)	(525)
’24	(22)	9	(156)	87	(82)
’23	(25)	(9)	(173)	(54)	(261)
’22	(87)	20	(105)	94	(78)
’21	30	212	(146)	120	216
’20	(180)	(13)	(173)	(191)	(557)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	28	138	—	—	—
’25	(104)	(166)	(217)	(113)	(600)
’24	(39)	(22)	(170)	73	(158)
’23	(36)	(21)	(187)	(68)	(312)
’22	(94)	13	(122)	84	(119)
’21	27	203	(154)	113	189
’20	(182)	(17)	(173)	(201)	(573)

Fiscal quarters ending in the months shown.

EPS $

	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	(0.32)	0.09	(0.26)	(0.64)	(1.13)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	12.62	8.19	3.19	2.79	2.89	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	22.70	15.25	14.10	8.33	10.26
People
People	Employees	—	—	—	—	5,005	5,502	6,470	7,235	7,938	7,750
	Revenue/emp, $m	0.00	0.00	0.00	0.00	0.25	0.37	0.51	0.50	0.48	0.48
Income, $m
Income, $m	Revenue	1,714	1,918	2,156	2,508	1,250	2,060	3,326	3,589	3,775	3,724
	Gross margin, %	23.57	17.67	41.37	42.98	14.08	21.94	31.33	33.71	32.13	30.10
	EBT	316	248	105	325	(372)	(144)	(45)	32	86	(134)
	EBT margin, %	18.44	12.93	4.87	12.96	(29.76)	(6.99)	(1.35)	0.89	2.28	(3.60)
	Net income	200	0	80	251	(225)	(102)	(37)	(11)	85	(137)
	Depreciation	75	—	78	46	33	39	46	51	73	92
Per share, $
Per share, $	Revenue	342.80	8.92	10.83	12.59	6.27	9.74	15.28	16.31	16.83	16.35
	Earnings	36.12	0.75	0.40	1.26	(1.13)	(0.48)	(0.17)	(0.05)	0.37	(0.60)
	Cash flow	47.60	0.00	0.95	0.86	(2.80)	1.02	(0.36)	(1.19)	(0.37)	(2.30)
	Capex	0.00	0.00	(0.12)	(0.23)	(0.08)	(0.13)	(0.19)	(0.23)	(0.34)	(0.33)
	Free cash flow	47.60	0.00	0.83	0.63	(2.88)	0.89	(0.55)	(1.42)	(0.70)	(2.63)
	Book value	89.20	0.00	0.00	2.72	1.56	2.51	2.34	2.30	2.69	2.16
	Shares, m	5	215	199	199	199	211	218	220	224	228
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	19.22	0.00
	P/S	3.85	3.85	3.85	3.85	3.85	1.39	0.66	0.33	0.42	0.29
	P/B	17.17	17.17	17.17	17.17	17.17	5.41	4.32	2.31	2.64	2.19
	EV/Sales	3.82	3.82	3.82	3.82	3.82	1.17	0.57	0.30	0.37	0.28
	EV/FCF	(10.26)	(10.26)	(10.26)	(10.26)	(10.26)	12.73	(15.95)	(3.41)	(8.78)	(1.77)
Cash, $m
Cash, $m	Operating cash flow	238	—	189	171	(557)	216	(78)	(261)	(82)	(525)
	Capex	(26)	—	(24)	(45)	(16)	(27)	(41)	(51)	(76)	(75)
	Free cash flow	238	—	165	126	(573)	189	(119)	(312)	(158)	(600)
Balance, $m
Balance, $m	Working capital	169	—	83	(310)	(353)	(289)	(535)	(787)	(862)	(1,145)
	Total debt	237	—	214	276	398	455	461	505	533	658
	Net debt	(381)	—	(484)	(492)	20	(463)	(300)	(104)	(207)	(13)
	Shareholders’ equity	446	—	—	542	310	530	509	507	604	491
Returns, %
Returns, %	ROA	14.62	22.85	0.00	8.97	(6.07)	(2.62)	(0.85)	(0.23)	1.51	(2.05)
	ROIC	0.00	—	0.00	386.25	(69.13)	(109.14)	(13.46)	(0.47)	9.13	(19.48)
	ROE	48.73	0.00	20.11	57.66	(52.82)	(24.29)	(7.12)	(2.17)	15.12	(25.02)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CPA Copa Holdings, S.A.	$5.5B	8.8×	8.2×	+25.72% (above 0%: growing)	−53.74% (below 0%: shrinking)	+207.63% (above 0%: growing)	50.85%	8.65%	Compare
ALK Alaska Air Group, Inc.	$4.4B	— (loss-making)	— (loss-making)	+9.75% (above 0%: growing)	n/m	−14.61% (below 0%: shrinking)	100.00%	(4.13%)	Compare
SKYW SkyWest, Inc.	$3.8B	9.4×	7.8×	+6.52% (above 0%: growing)	−14.43% (below 0%: shrinking)	+122.47% (above 0%: growing)	69.52%	14.13%	Compare
AERO Grupo Aeromexico SAB DE CV - Sponsored ADR	$2.2B	8.1×	9.1×	+6.26% (above 0%: growing)	n/m	+81.61% (above 0%: growing)	66.60%	4.53%	Compare
ALGT Allegiant Travel Company	$2.1B	53.8×	32.8×	+36.86% (above 0%: growing)	n/m	−610.56% (below 0%: shrinking)	24.77%	2.24%	Compare
JBLU JetBlue Airways Corporation	$1.5B	— (loss-making)	— (loss-making)	+14.47% (above 0%: growing)	n/m	−4.95% (below 0%: shrinking)	51.32%	(5.23%)	Compare
ULCC Frontier Group Holdings, Inc.	$1.4B	— (loss-making)	— (loss-making)	+37.67% (above 0%: growing)	n/m	+183.13% (above 0%: growing)	24.71%	(7.58%)
RJET Republic Airways Holdings Inc.	$810.5M	11.3×	1.3×	+40.80% (above 0%: growing)	−9.33% (below 0%: shrinking)	+184.09% (above 0%: growing)	76.12%	10.28%	Compare
VLRS Controladora Vuela Compania de Aviacion, S.A.B. de C.V.	$721.9M	— (loss-making)	—	+23.95% (above 0%: growing)	n/m	+100.00% (above 0%: growing)	59.60%	(11.53%)	Compare
Median of peers	$2.1B	9.4×	8.2×	+19.21%	−14.43%	+90.81%	63.10%	3.39%

All 19 Airlines stocks →

Frontier Group Holdings, Inc. (ULCC) key facts

Concern: Frontier Group Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.7 billion, down 1.35% from fiscal 2024.
Frontier Group Holdings, Inc. (ULCC) is an Airlines company in the Industrials sector, listed on Nasdaq.
As of October 9, 2026, ULCC traded at $5.86, a market capitalization of $1.4 billion.
Return on equity was −25.0% and debt-to-equity 4.29.
Its Piotroski F-score is 0 out of 9 and its Altman Z-score is 0.36 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.