ULCCFrontier Group Holdings, Inc.

$5.99

Is the business good?

How good a business is ULCC?

Frontier Group Holdings, Inc. keeps −10% of every revenue dollar as operating profit, against 6.3% for the median Airlines name.

−10%

Operating margin · Airlines median 6.3% · 12 months to Q1 2026

Share count, year on year
+1.1%

Share count, year on year · shareholders own a smaller slice than a year ago

Operating margin by fiscal year
YearOperating margin
FY2020−29%
FY2021−5.7%
FY2022−1.4%
FY2023−0.08%
FY20241.5%
FY2025−4.0%
Details
Operating margin12 months to Q1 2026
−10%
Net margin12 months to Q1 2026
−9.6%
Free cash flow margin
−12%
Revenue, trailing twelve months
$3.80B
Free cash flow, trailing twelve months
−$468M
Net income, trailing twelve months
−$366M

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.