Frontier Group Holdings, Inc. ULCC R2K
Industrials · Airlines · United States
Frontier Group Holdings, Inc., provides low-fare passenger airline services to leisure travelers in the United States and Latin America. The company sells its products through direct distribution channels, such as websites, mobile apps, and contact centers. As of December 31, 2025, it had a fleet of 176 Airbus single-aisle aircraft. Frontier Group Holdings, Inc. was founded in 1994 and is headquartered in Denver, Colorado.
READ MORE ›$6.05
+50.50% 1Y
Market & Price
Market Cap
$1.39B
Current Price
$6.05
High / Low (52W)
$6.52 / $3.10
Beta
2.41
Valuation
Stock P/E
-
Industry PE
28.38
Forward P/E
29.20
PEG Ratio
-
Book Value
$2.14
Price to Book
2.82
P/S
0.37
EV/EBITDA
-10.06
Dividend Yield
-
Profitability & Returns
ROCE
-2.40%
ROE
-92.42%
ROA
-6.29%
Profit Margin
-9.62%
Op Margin
-33.27%
EPS (Latest Qtr)
$-1.18
EPS (TTM)
$-1.59
Balance Sheet & Liquidity
Debt/Equity
23.64
Quick Ratio
0.42
Current Ratio
0.49
Debt
$5.25B
Total Assets
$7.22B
Current Assets
$990.00M
Working Capital
$-1.11B
Ownership
Promoter Holding
48.67%
Chg in Prom Hold
-
FII / Inst Holding
55.20%
Chg in FII Hold
-
Financial Snapshot
Enterprise Value
$5.87B
Total Revenue (TTM)
$3.80B
EBITDA
$-583.00M
Free Cash Flow
$-245.12M
Operating Cash Flow
$-399.00M
Shares Outstanding
229.79M
Gross Margin
-1.95%
Payout Ratio
0.00%
Growth (CAGR)
Revenue 5Y
3.84%
Profit 5Y
-90.09%
Revenue (YoY)
8.80%
Earnings (YoY)
-
PROS
No notable strengths flagged.
CONS
- Earnings shrank at -90.1% CAGR over 5 years.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ULCC Frontier Group Holdings, Inc. R2K | 6.05 | - | $1.39B | - | -2.40% | -92.42% | 3.84% | -90.09% |
| 2 | CAT Caterpillar Inc. SPX | 875.87 | 43.66 | $403.42B | 0.69% | 19.42% | 51.33% | 4.38% | 9.83% |
| 3 | GE GE Aerospace SPX | 323.76 | 40.17 | $338.27B | 0.58% | 11.89% | 45.43% | 16.32% | 195.89% |
| 4 | GEV GE Vernova Inc. SPXAI | 968.32 | 28.33 | $260.21B | 0.21% | 6.30% | 75.71% | 8.68% | 92.84% |
| 5 | RTX RTX Corporation SPX | 179.66 | 33.64 | $241.95B | 1.54% | 9.41% | 11.57% | 9.72% | 9.01% |
| 6 | UNP Union Pacific Corporation SPX | 262.64 | 21.60 | $155.93B | 2.10% | 16.19% | 40.69% | -0.49% | 0.66% |
| 7 | ETN Eaton Corporation plc SPXAI | 400.60 | 39.20 | $155.55B | 1.10% | 16.23% | 20.84% | 9.77% | 18.41% |
| 8 | HON Honeywell International Inc. NDXSPX | 237.86 | 38.00 | $150.72B | 2.00% | 13.57% | 24.26% | 1.82% | -1.62% |
| 9 | DE Deere & Company SPX | 542.18 | 30.67 | $146.45B | 1.20% | 12.82% | 18.35% | -4.50% | -11.00% |
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Quarterly Results
Figures in USD.
| Metric | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 544.00M | 194.00M | 245.00M | 271.00M | 550.00M | 630.00M | 605.00M | 909.00M | 906.00M | 848.00M | 967.00M | 883.00M | 865.00M | 973.00M | - | - | 912.00M | 929.00M | 886.00M | 997.00M | 992.00M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 899.00M | 924.00M | 915.00M | 972.00M | 1.20B |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13.00M | 5.00M | -29.00M | 25.00M | -208.00M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 59.00M | 80.00M | 48.00M | -24.00M | 75.00M |
| Operating Income | -106.00M | 6.00M | -81.00M | -92.00M | 18.00M | 43.00M | -153.00M | 7.00M | 56.00M | -25.00M | 79.00M | -54.00M | -31.00M | 25.00M | - | - | -46.00M | -75.00M | -77.00M | 49.00M | -283.00M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -19.00M | -47.00M | -47.00M | 81.00M | -252.00M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00M | 2.00M | 5.00M | 3.00M | 4.00M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -40.00M | -70.00M | -76.00M | 52.00M | -281.00M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.00M | 0 | 1.00M | -1.00M | -9.00M |
| Net Income | -64.00M | 17.00M | -51.00M | -91.00M | 19.00M | 23.00M | -121.00M | 13.00M | 31.00M | -13.00M | 71.00M | -32.00M | -26.00M | 31.00M | - | - | -43.00M | -70.00M | -77.00M | 53.00M | -272.00M |
| Diluted EPS | -0.32 | 0.08 | -0.26 | -0.46 | 0.08 | 0.10 | -0.56 | 0.06 | 0.13 | -0.06 | 0.31 | -0.14 | -0.12 | 0.14 | - | - | -0.19 | -0.31 | -0.34 | 0.23 | -1.18 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 2.51B | 1.25B | - | 3.33B | 3.59B | 3.77B | 3.72B |
| Cost of Revenue | - | - | - | 3.04B | 3.29B | 3.59B | 3.71B |
| Gross Profit | - | - | - | 282.00M | 302.00M | 187.00M | 14.00M |
| Operating Expenses | - | - | - | 317.00M | 305.00M | 129.00M | 163.00M |
| Operating Income | 309.00M | -365.00M | - | -35.00M | -3.00M | 58.00M | -149.00M |
| EBITDA | - | - | - | 10.00M | 83.00M | 162.00M | -32.00M |
| Interest Expense | - | - | - | 10.00M | 1.00M | 4.00M | 11.00M |
| Pretax Income | - | - | - | -45.00M | 32.00M | 86.00M | -134.00M |
| Tax Provision | - | - | - | -8.00M | 43.00M | 1.00M | 3.00M |
| Net Income | 251.00M | -225.00M | - | -37.00M | -11.00M | 85.00M | -137.00M |
| Diluted EPS | 1.19 | -1.13 | - | -0.17 | -0.05 | 0.37 | -0.60 |
Compounded Sales Growth
| 5 Years: | 3.84% |
| 1 Year: | 8.80% |
Compounded Profit Growth
| 5 Years: | -90.09% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | +50.50% |
| 6 Months: | +44.56% |
| 3 Months: | +36.26% |
| 1 Month: | +61.33% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 3.55B | - | 4.50B | 4.99B | 6.15B | 7.22B |
| Current Assets | - | - | - | 1.04B | 1.02B | 871.00M | 990.00M | - |
| Cash & Equivalents | - | - | 378.00M | - | 761.00M | 609.00M | 740.00M | 671.00M |
| Inventory | - | - | - | - | 55.00M | 79.00M | 79.00M | 90.00M |
| Receivables | - | - | - | - | 90.00M | 93.00M | 73.00M | 85.00M |
| Total Liabilities | - | - | 3.24B | - | 3.99B | 4.49B | 5.55B | 6.73B |
| Current Liabilities | - | - | 1.00B | - | 1.55B | 1.66B | 1.85B | 2.10B |
| Long Term Debt | - | - | 247.00M | - | 272.00M | 219.00M | 241.00M | 313.00M |
| Total Debt | - | - | - | - | 2.93B | 3.46B | 4.47B | 5.46B |
| Total Equity | 280.00M | 542.00M | 310.00M | - | 509.00M | 507.00M | 604.00M | 491.00M |
| Shares Outstanding | - | - | - | - | 217.88M | 223.00M | 225.44M | 229.01M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 171.00M | -557.00M | - | -78.00M | -261.00M | -82.00M | -525.00M |
| Investing Cash Flow | -62.00M | 11.00M | - | -154.00M | -90.00M | -75.00M | -99.00M |
| Financing Cash Flow | -39.00M | 156.00M | - | 75.00M | 199.00M | 288.00M | 555.00M |
| Capital Expenditure | - | - | - | -152.00M | -87.00M | -76.00M | -99.00M |
| Free Cash Flow | - | - | - | -230.00M | -348.00M | -158.00M | -624.00M |
| Net Change in Cash | - | - | - | -157.00M | -152.00M | 131.00M | -69.00M |
| Dividends Paid | 159.00M | 0 | 0 | - | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | 8.5% | 8.4% | 5.0% | 0.4% |
| Operating Margin % | 12.3% | -29.2% | - | -1.1% | -0.1% | 1.5% | -4.0% |
| Net Margin % | 10.0% | -18.0% | - | -1.1% | -0.3% | 2.3% | -3.7% |
| ROE % | 46.3% | -72.6% | - | -7.3% | -2.2% | 14.1% | -27.9% |
| ROCE % | - | -14.3% | - | -1.2% | -0.1% | 1.3% | -2.9% |
Shareholding Pattern
Insiders
48.67%
Institutions
55.20%
Public Float
107.55%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Indigo Partners LLC | 13.97% | 32.09M | $194.16M |
| 2 | Wildcat Capital Management, LLC | 12.21% | 28.06M | $169.77M |
| 3 | U.S. Global Investors, Inc. | 2.95% | 6.78M | $41.03M |
| 4 | Blackrock Inc. | 2.30% | 5.28M | $31.96M |
| 5 | Marshall Wace LLP | 1.75% | 4.03M | $24.39M |
| 6 | Silver Point Capital L.p. | 1.59% | 3.65M | $22.11M |
| 7 | Vanguard Capital Management LLC | 1.56% | 3.59M | $21.72M |
| 8 | Vanguard Portfolio Management LLC | 1.42% | 3.27M | $19.80M |
| 9 | Ancient Art, L.P. | 1.36% | 3.12M | $18.89M |
| 10 | Dimensional Fund Advisors LP | 1.07% | 2.46M | $14.87M |
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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