ULCC
Frontier Group Holdings Inc
NASDAQ: ULCC · INDUSTRIALS · AIRLINES
$3.75
-1.06% today
Updated 2026-04-29
Market cap
$861.50M
P/E ratio
—
P/S ratio
0.23x
EPS (TTM)
$-0.60
Dividend yield
—
52W range
$3 – $7
Volume
5.1M
Frontier Group Holdings Inc (ULCC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.59B | $1.60B | $1.71B | $1.92B | $2.16B | $2.51B | $1.25B | $2.06B | $3.33B | $3.59B | $3.77B | $3.72B |
| Revenue growth (YoY) | — | +0.7% | +6.9% | +11.9% | +12.4% | +16.3% | -50.2% | +64.8% | +61.5% | +7.9% | +5.2% | -1.4% |
| Cost of revenue | $1.17B | $1.13B | $1.19B | $1.58B | $1.78B | $2.00B | $1.64B | $2.26B | $3.04B | $3.29B | $1.84B | $2.40B |
| Gross profit | $420.00M | $473.00M | $524.00M | $339.00M | $373.00M | $503.00M | $-390.00M | $-202.00M | $282.00M | $302.00M | $1.94B | $1.32B |
| Gross margin | 26.4% | 29.5% | 30.6% | 17.7% | 17.3% | 20.1% | -31.2% | -9.8% | 8.5% | 8.4% | 51.3% | 35.5% |
| R&D | — | — | — | — | — | — | — | — | $7.00M | — | — | — |
| SG&A | — | — | — | — | $110.00M | $130.00M | $78.00M | $109.00M | $1.03B | $164.00M | $178.00M | $159.00M |
| Operating income | $228.00M | $233.00M | $317.00M | $245.00M | $92.00M | $309.00M | $-365.00M | $-117.00M | $-45.00M | $-3.00M | $58.00M | $-149.00M |
| Operating margin | 14.3% | 14.5% | 18.5% | 12.8% | 4.3% | 12.3% | -29.2% | -5.7% | -1.4% | -0.1% | 1.5% | -4.0% |
| EBITDA | $257.00M | $287.00M | $394.00M | $310.00M | $187.00M | $371.00M | $-327.00M | $-77.00M | $10.00M | $83.00M | $122.00M | $-58.00M |
| EBITDA margin | 16.1% | 17.9% | 23.0% | 16.2% | 8.7% | 14.8% | -26.2% | -3.7% | 0.3% | 2.3% | 3.2% | -1.6% |
| EBIT | $228.00M | $233.00M | $319.00M | $245.00M | $109.00M | $325.00M | $-360.00M | $-115.00M | $-35.00M | $33.00M | $50.00M | $-149.00M |
| Interest expense | $4.00M | $5.00M | $3.00M | $10.00M | $4.00M | $11.00M | $12.00M | $29.00M | $10.00M | $1.00M | $4.00M | $11.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $140.00M | $146.00M | $200.00M | $162.00M | $80.00M | $251.00M | $-225.00M | $-102.00M | $-37.00M | $-11.00M | $85.00M | $-137.00M |
| Net income growth (YoY) | — | +4.3% | +37.0% | -19.0% | -50.6% | +213.8% | -189.6% | +54.7% | +63.7% | +70.3% | +872.7% | -261.2% |
| Profit margin | 8.8% | 9.1% | 11.7% | 8.4% | 3.7% | 10.0% | -18.0% | -5.0% | -1.1% | -0.3% | 2.3% | -3.7% |