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Frontier Group Holdings, Inc. ULCC Purchase deposits for flight equipment

Purchase deposits for flight equipment at other companies

Southwest Airlines logo
Southwest AirlinesLUV
$494M+43.6%
JetBlue Airways logo
JetBlue AirwaysJBLU
$183M-41.7%

Other financials

Income statement

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Revenue$992.0M+8.8%
Operating income-$283.0M-515%
Net income-$272.0M-533%
EPS (diluted)-$1.18-521%

Balance sheet

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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

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Operating cash flow$40.0M+147%
CapEx$12.0M-33.3%
Free cash flow$28.0M+127%

Valuation

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Market cap$1.67B-17.8%
Enterprise value$6.14B+3.8%
P/S0.4×-0.1×

Profitability

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Operating margin-4.1%-4.4pp
Net margin-3.6%-3.8pp
FCF margin-12.3%

Returns & leverage

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Return on equity-27.7%-28.9pp
Debt / equity23.6×+15.2×
Current ratio0.5×0.0×

Where this comes from

Reported directly by Frontier Group Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:DepositsOnFlightEquipment.

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

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Questions, answered.

What is Frontier Group Holdings, Inc.'s purchase deposits for flight equipment?
Frontier Group Holdings, Inc. (ULCC) reported purchase deposits for flight equipment of $383M in Q1 2026.
How has Frontier Group Holdings, Inc.'s purchase deposits for flight equipment changed year-over-year?
Frontier Group Holdings, Inc.'s purchase deposits for flight equipment decreased by 7.7% year-over-year, from $415M to $383M.
What is the long-term trend for Frontier Group Holdings, Inc.'s purchase deposits for flight equipment?
Over 5 years (2020 to 2025), Frontier Group Holdings, Inc.'s purchase deposits for flight equipment has grown at a 13.8% compound annual growth rate (CAGR), from $224M to $428M.
What does purchase deposits for flight equipment mean?
This represents advance payments made to aircraft manufacturers or lessors to secure future delivery slots for flight equipment. These deposits are critical for fleet expansion and modernization strategies, reflecting the company's long-term capital commitment to aircraft acquisition. Monitoring this balance provides insight into the company's future growth trajectory and capital expenditure pipeline.