Skip to content
OpenCapital
Get started

Frontier Group Holdings, Inc. ULCC Tax Credit Carryforward Valuation Allowance

Tax Credit Carryforward Valuation Allowance at other companies

Southwest Airlines logo
Southwest AirlinesLUV
$9M—

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$1.71B-17.8%
Enterprise value$6.18B+3.8%
P/S0.5×-0.1×

Profitability

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

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

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

Tagged under the XBRL concept us-gaap:DeferredTaxAssetsValuationAllowance.

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 tax credit carryforward valuation allowance.

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

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Frontier Group Holdings, Inc.'s tax credit carryforward valuation allowance?
Frontier Group Holdings, Inc. (ULCC) reported tax credit carryforward valuation allowance of $119M in Q1 2026.
How has Frontier Group Holdings, Inc.'s tax credit carryforward valuation allowance changed year-over-year?
Frontier Group Holdings, Inc.'s tax credit carryforward valuation allowance increased by 283.9% year-over-year, from $31M to $119M.
What does tax credit carryforward valuation allowance mean?
This is a contra-asset account that reduces the carrying value of tax credit carryforwards when it is more likely than not that some or all of the credits will not be realized. It reflects management's assessment of the company's ability to generate sufficient future taxable income. A high allowance suggests uncertainty regarding the realization of tax benefits.