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Frontier Group Holdings, Inc.

ULCC

Frontier Group Holdings is the parent company of Frontier Airlines, an ultra low-cost carrier (ULCC) headquartered in Denver.

Market cap
$1.4B+39.9%
Revenue$4.2B+10.0%
Net income-$509.0M-849%
Free cash flow-$164.0M+64.5%
EPS (diluted)-$2.22-866%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q2 2026

Income statement

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Revenue$1.3B+37.7%
Operating income-$97.0M-29.3%
Net income-$90.0M-28.6%
EPS (diluted)-$0.39-25.8%

Balance sheet

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Cash & equivalents$955.0M+69.6%
Total debt$5.2B+7.6%
Total equity$136.0M-73.1%
Total assets$7.2B+11.0%

Cash flow

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Operating cash flow$151.0M+214%
CapEx$13.0M-60.6%
Free cash flow$138.0M+183%

Valuation & ratios

Valuation

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Market cap$1.4B+39.9%
Enterprise value$5.69B+6.6%
P/S0.3×+0.1×

Profitability

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FCF margin-3.9%

Returns & leverage

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Debt / equity38.5×+28.9×
Current ratio0.6×+0.2×

Segments

By product

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Fare$613.0M+76.1%
Service fees$266.0M+5.6%
Baggage$234.0M+25.8%
Seat selection$88.0M+8.6%

Competitors

Profile

Frontier Group Holdings is the parent company of Frontier Airlines, an ultra low-cost carrier (ULCC) headquartered in Denver. The company provides low-fare air transportation services throughout the United States and to select international destinations in the Americas. Its core value proposition centers on a low-cost structure enabled by a fuel-efficient, single-aisle Airbus fleet and a family-friendly customer experience with unbundled, flexible service options.

Competitive position

Frontier maintains a leading position as the most fuel-efficient major U.S. carrier, leveraging a high-density seating strategy and a modern Airbus fleet to sustain a low-cost advantage.

GeographiesUnited States, Americas
Customer segmentsLeisure travelers, Budget-conscious families
Business modelUltra Low-Cost Carrier (ULCC), Ancillary Revenue Model, Direct-to-Consumer
SuppliersAircraft manufacturers, Fuel suppliers, Airport authorities, Aircraft engine manufacturers
CustomersIndividual travelers, Travel agencies, Online travel aggregators
Listed2021
Employees7.7K
CEOJames G. Dempsey
FilingsSEC EDGAR

Questions, answered.

What is Frontier Group Holdings, Inc.'s market cap?
Frontier Group Holdings, Inc. (ULCC) has a market capitalization of $1.4B and trades on NASDAQ.
What is Frontier Group Holdings, Inc.'s revenue and profitability?
Frontier Group Holdings, Inc. generated $4.2B in trailing twelve-month revenue with a net loss of $509.0M, representing a net margin of -3.6%, with free cash flow of -$164.0M. These figures are based on the Q2 2026 filing.
Who are Frontier Group Holdings, Inc.'s competitors?
Frontier Group Holdings, Inc.'s key competitors include Southwest Airlines, Allegiant Travel Company, Delta Air Lines, and others. These companies compete in similar markets and product categories.
Who does Frontier Group Holdings, Inc. partner with?
Frontier Group Holdings, Inc.'s notable partners include Airbus.
What subsidiaries does Frontier Group Holdings, Inc. have?
Frontier Group Holdings, Inc.'s subsidiaries include Frontier Airlines, Inc..
Where is Frontier Group Holdings, Inc. headquartered?
Frontier Group Holdings, Inc. is headquartered in United States of America and employs approximately 7,675 people. It has been publicly traded since 2021.