What is Frontier Group Holdings, Inc.'s free cash flow margin?

Frontier Group Holdings, Inc. (ULCC) reported free cash flow margin of -12.3% in Q1 2026.

What is the long-term trend for Frontier Group Holdings, Inc.'s free cash flow margin?

Over 2 years (2020 to 2025), Frontier Group Holdings, Inc.'s free cash flow margin has grown at a -40.7% compound annual growth rate (CAGR), from -45.8% to -16.1%.

What does free cash flow margin mean?

Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

Frontier Group Holdings, Inc. ULCC Free cash flow margin

Free cash flow margin at other companies

Southwest AirlinesLUV

-1.4%-0.4pp

United Airlines HoldingsUAL

7%+6.0pp

ALG

Allegiant TravelALGT

-5%+3.3pp

JetBlue AirwaysJBLU

-12.2%-0.5pp

Alaska Air GroupALK

6.3%-4.4pp

FTAI Aviation Ltd.FTAI

-16.8%—

Other financials

Income statement

See full

Revenue$992.0M+8.8%

Operating income-$283.0M-515%

Net income-$272.0M-533%

EPS (diluted)-$1.18-521%

Balance sheet

See full

Cash & equivalents$772.0M+12.5%

Total debt$5.2B+9.5%

Total equity$222.0M-61.1%

Total assets$7.0B+8.3%

Cash flow

See full

Operating cash flow$40.0M+147%

CapEx$12.0M-33.3%

Free cash flow$28.0M+127%

Valuation

See full

Market cap$1.67B-17.8%

Enterprise value$6.14B+3.8%

P/S0.4×-0.1×

Profitability

See full

Operating margin-4.1%-4.4pp

Net margin-3.6%-3.8pp

Returns & leverage

See full

Return on equity-27.7%-28.9pp

Debt / equity23.6×+15.2×

Current ratio0.5×0.0×

Where this comes from

Calculated from Frontier Group Holdings, Inc.’s reported figures.

free cash flow/total revenue=-12.3%

Based on trailing twelve months.

The official record: Frontier Group Holdings, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

Ask your AI about Frontier Group Holdings, Inc.'s free cash flow margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Frontier Group Holdings, Inc.'s free cash flow margin?: Frontier Group Holdings, Inc. (ULCC) reported free cash flow margin of -12.3% in Q1 2026.
What is the long-term trend for Frontier Group Holdings, Inc.'s free cash flow margin?: Over 2 years (2020 to 2025), Frontier Group Holdings, Inc.'s free cash flow margin has grown at a -40.7% compound annual growth rate (CAGR), from -45.8% to -16.1%.
What does free cash flow margin mean?: Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.