Symbols / ULCC Stock $3.91 +7.58% Frontier Group Holdings, Inc.

Industrials • Airlines • United States • NMS
ULCC (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Industrials
Industry Airlines
CEO Mr. James G. Dempsey
Exch · Country NMS · United States
Market Cap 897.10M
Enterprise Value 5.63B
Income -137.00M
Sales 3.72B
FCF (ttm) -216.75M
Book/sh 2.14
Cash/sh 2.92
Employees 7,656
Insider 10d —
IPO Apr 01, 2021
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E 31.58
PEG —
P/S 0.24
P/B 1.82
P/C —
EV/EBITDA -15.63
EV/Sales 1.51
Quick Ratio 0.39
Current Ratio 0.46
Debt/Eq 1,112.63
LT Debt/Eq —
EPS (ttm) -0.60
EPS next Y 0.12
EPS Growth 1.00%
Revenue Growth -0.50%
EPS Gr Q/Q -1.90%
Rev Gr Q/Q —
Earnings (next) 2026-05-05
Earnings (prior) 2026-02-11
ROA -4.22%
ROE -25.02%
ROIC —
Gross Margin 2.82%
Oper. Margin -9.63%
Profit Margin -3.68%
Shs Outstand 229.73M
Shs Float 57.89M
Insider Own 48.64%
Instit Own 54.82%
Short Float 42.02%
Short Ratio 5.05
Short Interest 24.46M
52W High 6.66
vs 52W High -41.37%
52W Low 2.97
vs 52W Low 31.48%
Beta 2.58
Impl. Vol. 1.21%
Rel Volume 2.48
Avg Volume 4.95M
Volume 12.28M
Target (mean) $4.43
Tgt Median $4.00
Tgt Low $3.40
Tgt High $8.00
# Analysts 9
Recom Hold
Prev Close $3.63
Price $3.90
Change 7.58%
About

Frontier Group Holdings, Inc., provides low-fare passenger airline services to leisure travelers in the United States and Latin America. The company sells its products through direct distribution channels, such as websites, mobile apps, and contact centers. As of December 31, 2025, it had a fleet of 176 Airbus single-aisle aircraft. Frontier Group Holdings, Inc. was founded in 1994 and is headquartered in Denver, Colorado.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.43
Mean price target
2. Current target
$3.91
Latest analyst target
3. DCF / Fair value
$-16.98
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.91
Low
$3.40
High
$8.00
Mean
$4.43

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-20 main Citigroup Neutral → Neutral $4
2026-03-16 main UBS Neutral → Neutral $4
2026-03-02 down Barclays Overweight → Underweight $4
2026-01-09 main Susquehanna Neutral → Neutral $5
2026-01-06 down B of A Securities Neutral → Underperform $4
2025-12-08 main Morgan Stanley Equal-Weight → Equal-Weight $8
2025-12-04 init Citigroup — → Neutral $5
2025-10-03 main Susquehanna Neutral → Neutral $4
2025-09-26 main UBS Neutral → Neutral $5
2025-09-25 init Seaport Global — → Neutral —
2025-09-02 up Deutsche Bank Hold → Buy $8
2025-08-06 main UBS Neutral → Neutral $4
2025-07-01 main B of A Securities Neutral → Neutral $4
2025-05-19 main Morgan Stanley Equal-Weight → Equal-Weight $9
2025-04-11 main Citigroup Neutral → Neutral $4
2025-04-11 main Barclays Overweight → Overweight $6
2025-04-11 main Evercore ISI Group In-Line → In-Line $5
2025-04-08 main Barclays Overweight → Overweight $10
2025-04-07 main UBS Neutral → Neutral $4
2025-04-07 main Susquehanna Neutral → Neutral $3
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-25 SCHROETER ROBERT A Officer — 82,762 — —
2026-02-06 SCHROETER ROBERT A Officer — 14,421 — —
2026-02-06 MITCHELL MARK CHRISTOPHER Chief Financial Officer — 20,549 — —
2026-02-06 DEMPSEY JAMES G Chief Executive Officer — 66,494 — —
2026-02-06 DIAMOND HOWARD Officer — 36,105 — —
2026-02-06 STEDKE TREVOR J Officer — 26,676 — —
2026-02-06 WETZEL JOSHUA A Officer — 12,874 — —
2026-02-06 CLERC ALEXANDRE Officer — 14,421 — —
2026-02-06 SCHULLER STEVE Officer — 5,000 $6.00 $30,000
2026-02-06 SCHULLER STEVE Officer — 21,775 — —
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
3,724.00
-1.35%
3,775.00
+5.18%
3,589.00
+7.91%
3,326.00
Operating Revenue
3,598.00
-2.31%
3,683.00
+4.96%
3,509.00
+8.04%
3,248.00
Cost Of Revenue
3,710.00
+3.40%
3,588.00
+9.16%
3,287.00
+7.98%
3,044.00
Reconciled Cost Of Revenue
3,710.00
+3.40%
3,588.00
+9.16%
3,287.00
+7.98%
3,044.00
Gross Profit
14.00
-92.51%
187.00
-38.08%
302.00
+7.09%
282.00
Operating Expense
163.00
+26.36%
129.00
-57.70%
305.00
-3.79%
317.00
Selling General And Administration
159.00
-10.67%
178.00
+8.54%
164.00
+0.00%
164.00
Selling And Marketing Expense
159.00
-10.67%
178.00
+8.54%
164.00
+0.00%
164.00
Other Operating Expenses
4.00
+108.16%
-49.00
-134.75%
141.00
-7.84%
153.00
Total Expenses
3,873.00
+4.20%
3,717.00
+3.48%
3,592.00
+6.87%
3,361.00
Operating Income
-149.00
-356.90%
58.00
+2033.33%
-3.00
+91.43%
-35.00
Total Operating Income As Reported
-149.00
-356.90%
58.00
+2033.33%
-3.00
+93.33%
-45.00
EBITDA
-32.00
-119.75%
162.00
+95.18%
83.00
+730.00%
10.00
Normalized EBITDA
-32.00
-119.75%
162.00
+95.18%
83.00
+315.00%
20.00
Reconciled Depreciation
91.00
+26.39%
72.00
+44.00%
50.00
+11.11%
45.00
EBIT
-123.00
-236.67%
90.00
+172.73%
33.00
+194.29%
-35.00
Total Unusual Items
—
0.00
+100.00%
-1.00
+90.00%
-10.00
Total Unusual Items Excluding Goodwill
—
0.00
+100.00%
-1.00
+90.00%
-10.00
Special Income Charges
—
0.00
+100.00%
-1.00
+90.00%
-10.00
Other Special Charges
—
—
—
—
Restructuring And Mergern Acquisition
—
0.00
-100.00%
1.00
-90.00%
10.00
Net Income
-137.00
-261.18%
85.00
+872.73%
-11.00
+70.27%
-37.00
Pretax Income
-134.00
-255.81%
86.00
+168.75%
32.00
+171.11%
-45.00
Net Non Operating Interest Income Expense
15.00
-46.43%
28.00
-20.00%
35.00
0.00
Interest Expense Non Operating
11.00
+175.00%
4.00
+300.00%
1.00
-90.00%
10.00
Net Interest Income
15.00
-46.43%
28.00
-20.00%
35.00
0.00
Interest Expense
11.00
+175.00%
4.00
+300.00%
1.00
-90.00%
10.00
Interest Income Non Operating
26.00
-18.75%
32.00
-11.11%
36.00
+260.00%
10.00
Interest Income
26.00
-18.75%
32.00
-11.11%
36.00
+260.00%
10.00
Other Income Expense
—
—
-1.00
+90.00%
-10.00
Tax Provision
3.00
+200.00%
1.00
-97.67%
43.00
+637.50%
-8.00
Tax Rate For Calcs
0.00
+1650.00%
0.00
-94.29%
0.00
+18.12%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
+100.00%
-1.78
Net Income Including Noncontrolling Interests
-137.00
-261.18%
85.00
+872.73%
-11.00
+70.27%
-37.00
Net Income From Continuing Operation Net Minority Interest
-137.00
-261.18%
85.00
+872.73%
-11.00
+70.27%
-37.00
Net Income From Continuing And Discontinued Operation
-137.00
-261.18%
85.00
+872.73%
-11.00
+70.27%
-37.00
Net Income Continuous Operations
-137.00
-261.18%
85.00
+872.73%
-11.00
+70.27%
-37.00
Normalized Income
-137.00
-261.18%
85.00
+872.73%
-11.00
+61.78%
-28.78
Net Income Common Stockholders
-137.00
-263.10%
84.00
+863.64%
-11.00
+70.27%
-37.00
Otherunder Preferred Stock Dividend
0.00
-100.00%
1.00
0.00
0.00
Diluted EPS
-0.60
-262.16%
0.37
+840.00%
-0.05
+70.59%
-0.17
Basic EPS
-0.60
-262.16%
0.37
+840.00%
-0.05
+70.59%
-0.17
Basic Average Shares
227.77
+1.53%
224.33
+1.92%
220.10
+0.96%
218.00
Diluted Average Shares
227.77
+0.57%
226.49
+2.91%
220.10
+0.96%
218.00
Diluted NI Availto Com Stockholders
-137.00
-263.10%
84.00
+863.64%
-11.00
+70.27%
-37.00
Average Dilution Earnings
—
—
0.00
—
Rent Expense Supplemental
748.00
+10.81%
675.00
+21.84%
554.00
-0.36%
556.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
7,220.00
+17.34%
6,153.00
+23.23%
4,993.00
+10.98%
4,499.00
Current Assets
958.00
-3.23%
990.00
+13.66%
871.00
-14.61%
1,020.00
Cash Cash Equivalents And Short Term Investments
671.00
-9.32%
740.00
+21.51%
609.00
-19.97%
761.00
Cash And Cash Equivalents
671.00
-9.32%
740.00
+21.51%
609.00
-19.97%
761.00
Receivables
100.00
+7.53%
93.00
-14.68%
109.00
+11.22%
98.00
Accounts Receivable
85.00
+16.44%
73.00
-21.51%
93.00
+3.33%
90.00
Gross Accounts Receivable
92.00
+17.95%
78.00
-18.75%
96.00
+2.13%
94.00
Allowance For Doubtful Accounts Receivable
-7.00
-40.00%
-5.00
-66.67%
-3.00
+25.00%
-4.00
Taxes Receivable
4.00
+0.00%
4.00
+33.33%
3.00
-62.50%
8.00
Loans Receivable
11.00
-31.25%
16.00
+23.08%
13.00
0.00
Inventory
90.00
+13.92%
79.00
+0.00%
79.00
+43.64%
55.00
Prepaid Assets
26.00
+44.44%
18.00
-14.29%
21.00
+5.00%
20.00
Hedging Assets Current
—
—
0.00
-100.00%
24.00
Other Current Assets
71.00
+18.33%
60.00
+13.21%
53.00
-14.52%
62.00
Total Non Current Assets
6,262.00
+21.29%
5,163.00
+25.25%
4,122.00
+18.48%
3,479.00
Net PPE
5,744.00
+21.95%
4,710.00
+25.13%
3,764.00
+18.14%
3,186.00
Gross PPE
6,077.00
+22.47%
4,962.00
+25.72%
3,947.00
+18.28%
3,337.00
Accumulated Depreciation
-333.00
-32.14%
-252.00
-37.70%
-183.00
-21.19%
-151.00
Land And Improvements
191.00
+14.37%
167.00
+12.84%
148.00
+21.31%
122.00
Construction In Progress
428.00
+5.94%
404.00
-17.72%
491.00
+3.15%
476.00
Other Properties
4,806.00
+22.29%
3,930.00
+32.59%
2,964.00
+19.32%
2,484.00
Goodwill And Other Intangible Assets
27.00
+0.00%
27.00
-3.57%
28.00
+0.00%
28.00
Other Intangible Assets
27.00
+0.00%
27.00
-3.57%
28.00
+0.00%
28.00
Other Non Current Assets
491.00
+15.26%
426.00
+29.09%
330.00
+24.53%
265.00
Total Liabilities Net Minority Interest
6,729.00
+21.27%
5,549.00
+23.70%
4,486.00
+12.43%
3,990.00
Current Liabilities
2,103.00
+13.55%
1,852.00
+11.70%
1,658.00
+6.62%
1,555.00
Payables And Accrued Expenses
421.00
+11.97%
376.00
+2.73%
366.00
+19.61%
306.00
Payables
278.00
+8.59%
256.00
-1.16%
259.00
+28.22%
202.00
Accounts Payable
130.00
+13.04%
115.00
-14.18%
134.00
+50.56%
89.00
Current Accrued Expenses
143.00
+19.17%
120.00
+12.15%
107.00
+2.88%
104.00
Total Tax Payable
148.00
+4.96%
141.00
+12.80%
125.00
+10.62%
113.00
Current Debt And Capital Lease Obligation
1,080.00
+16.76%
925.00
+15.63%
800.00
+28.62%
622.00
Current Debt
301.00
+15.33%
261.00
+3.98%
251.00
+59.87%
157.00
Other Current Borrowings
301.00
+15.33%
261.00
+3.98%
251.00
+59.87%
157.00
Current Capital Lease Obligation
779.00
+17.32%
664.00
+20.95%
549.00
+18.06%
465.00
Current Deferred Liabilities
368.00
+17.95%
312.00
+18.63%
263.00
-19.33%
326.00
Current Deferred Revenue
368.00
+17.95%
312.00
+18.63%
263.00
-19.33%
326.00
Other Current Liabilities
234.00
-2.09%
239.00
+4.37%
229.00
-23.92%
301.00
Total Non Current Liabilities Net Minority Interest
4,626.00
+25.13%
3,697.00
+30.73%
2,828.00
+16.14%
2,435.00
Long Term Debt And Capital Lease Obligation
4,383.00
+23.71%
3,543.00
+33.25%
2,659.00
+15.31%
2,306.00
Long Term Debt
313.00
+29.88%
241.00
+10.05%
219.00
-19.49%
272.00
Long Term Capital Lease Obligation
4,070.00
+23.26%
3,302.00
+35.33%
2,440.00
+19.96%
2,034.00
Non Current Deferred Liabilities
44.00
+41.94%
31.00
-11.43%
35.00
+9.38%
32.00
Non Current Deferred Revenue
44.00
+41.94%
31.00
-11.43%
35.00
+9.38%
32.00
Non Current Deferred Taxes Liabilities
—
—
—
—
Other Non Current Liabilities
199.00
+61.79%
123.00
-8.21%
134.00
+38.14%
97.00
Stockholders Equity
491.00
-18.71%
604.00
+19.13%
507.00
-0.39%
509.00
Common Stock Equity
491.00
-18.71%
604.00
+19.13%
507.00
-0.39%
509.00
Capital Stock
0.00
0.00
0.00
0.00
Common Stock
0.00
0.00
0.00
0.00
Share Issued
229.01
+1.58%
225.44
+1.09%
223.00
+2.35%
217.88
Ordinary Shares Number
229.01
+1.58%
225.44
+1.09%
223.00
+2.35%
217.88
Additional Paid In Capital
437.00
+5.56%
414.00
+2.73%
403.00
+2.54%
393.00
Retained Earnings
59.00
-69.90%
196.00
+76.58%
111.00
-9.02%
122.00
Gains Losses Not Affecting Retained Earnings
-5.00
+16.67%
-6.00
+14.29%
-7.00
-16.67%
-6.00
Other Equity Adjustments
-5.00
+16.67%
-6.00
+14.29%
-7.00
-16.67%
-6.00
Total Equity Gross Minority Interest
491.00
-18.71%
604.00
+19.13%
507.00
-0.39%
509.00
Total Capitalization
804.00
-4.85%
845.00
+16.39%
726.00
-7.04%
781.00
Working Capital
-1,145.00
-32.83%
-862.00
-9.53%
-787.00
-47.10%
-535.00
Invested Capital
1,105.00
-0.09%
1,106.00
+13.20%
977.00
+4.16%
938.00
Total Debt
5,463.00
+22.27%
4,468.00
+29.17%
3,459.00
+18.14%
2,928.00
Capital Lease Obligations
4,849.00
+22.26%
3,966.00
+32.69%
2,989.00
+19.61%
2,499.00
Net Tangible Assets
464.00
-19.58%
577.00
+20.46%
479.00
-0.42%
481.00
Tangible Book Value
464.00
-19.58%
577.00
+20.46%
479.00
-0.42%
481.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-525.00
-540.24%
-82.00
+68.58%
-261.00
-234.62%
-78.00
Cash Flow From Continuing Operating Activities
-525.00
-540.24%
-82.00
+68.58%
-261.00
-234.62%
-78.00
Net Income From Continuing Operations
-137.00
-261.18%
85.00
+872.73%
-11.00
+70.27%
-37.00
Depreciation Amortization Depletion
91.00
+26.39%
72.00
+44.00%
50.00
+11.11%
45.00
Depreciation
91.00
+28.17%
71.00
+42.00%
50.00
+13.64%
44.00
Amortization Cash Flow
0.00
-100.00%
1.00
0.00
-100.00%
1.00
Depreciation And Amortization
91.00
+26.39%
72.00
+44.00%
50.00
+11.11%
45.00
Amortization Of Intangibles
0.00
-100.00%
1.00
0.00
-100.00%
1.00
Other Non Cash Items
1.00
+0.00%
1.00
+0.00%
1.00
+0.00%
1.00
Stock Based Compensation
21.00
+31.25%
16.00
+14.29%
14.00
-6.67%
15.00
Deferred Tax
3.00
0.00
-100.00%
43.00
+637.50%
-8.00
Deferred Income Tax
3.00
0.00
-100.00%
43.00
+637.50%
-8.00
Operating Gains Losses
-302.00
-3.07%
-293.00
-99.32%
-147.00
-83.75%
-80.00
Gain Loss On Investment Securities
—
—
—
—
Gain Loss On Sale Of PPE
-302.00
-2.72%
-294.00
-100.00%
-147.00
-68.97%
-87.00
Change In Working Capital
-202.00
-645.95%
37.00
+117.54%
-211.00
-1407.14%
-14.00
Change In Receivables
-12.00
-154.55%
22.00
-33.33%
33.00
+217.86%
-28.00
Changes In Account Receivables
-12.00
-154.55%
22.00
-33.33%
33.00
+217.86%
-28.00
Change In Inventory
11.00
-45.00%
20.00
+385.71%
-7.00
+82.50%
-40.00
Change In Prepaid Assets
0.00
-100.00%
82.00
+612.50%
-16.00
+11.11%
-18.00
Change In Payables And Accrued Expense
-1.00
+93.33%
-15.00
-131.91%
47.00
+1275.00%
-4.00
Change In Payable
-1.00
+93.33%
-15.00
-131.91%
47.00
+1275.00%
-4.00
Change In Account Payable
-1.00
+93.33%
-15.00
-131.91%
47.00
+1275.00%
-4.00
Change In Other Current Assets
-257.00
-35.26%
-190.00
-16.56%
-163.00
-73.40%
-94.00
Change In Other Current Liabilities
57.00
-51.69%
118.00
+212.38%
-105.00
-161.76%
170.00
Investing Cash Flow
-99.00
-32.00%
-75.00
+16.67%
-90.00
+41.56%
-154.00
Cash Flow From Continuing Investing Activities
-99.00
-32.00%
-75.00
+16.67%
-90.00
+41.56%
-154.00
Net PPE Purchase And Sale
-24.00
-900.00%
3.00
+108.33%
-36.00
+67.57%
-111.00
Purchase Of PPE
-24.00
—
-36.00
+67.57%
-111.00
Sale Of PPE
—
3.00
—
—
Capital Expenditure
-99.00
-30.26%
-76.00
+12.64%
-87.00
+42.76%
-152.00
Capital Expenditure Reported
-75.00
+1.32%
-76.00
-49.02%
-51.00
-24.39%
-41.00
Net Other Investing Changes
—
-2.00
+33.33%
-3.00
-50.00%
-2.00
Financing Cash Flow
555.00
+92.71%
288.00
+44.72%
199.00
+165.33%
75.00
Cash Flow From Continuing Financing Activities
555.00
+92.71%
288.00
+44.72%
199.00
+165.33%
75.00
Net Issuance Payments Of Debt
553.00
+88.74%
293.00
+44.33%
203.00
+160.26%
78.00
Issuance Of Debt
933.00
+26.08%
740.00
+121.56%
334.00
-2.91%
344.00
Repayment Of Debt
-380.00
+14.99%
-447.00
-241.22%
-131.00
+50.75%
-266.00
Long Term Debt Issuance
933.00
+26.08%
740.00
+121.56%
334.00
-2.91%
344.00
Long Term Debt Payments
-380.00
+14.99%
-447.00
-241.22%
-131.00
+50.75%
-266.00
Net Long Term Debt Issuance
553.00
+88.74%
293.00
+44.33%
203.00
+160.26%
78.00
Net Common Stock Issuance
—
—
0.00
0.00
Cash Dividends Paid
—
—
—
—
Proceeds From Stock Option Exercised
6.00
+500.00%
1.00
+0.00%
1.00
+0.00%
1.00
Net Other Financing Charges
-4.00
+33.33%
-6.00
-20.00%
-5.00
-25.00%
-4.00
Changes In Cash
-69.00
-152.67%
131.00
+186.18%
-152.00
+3.18%
-157.00
Beginning Cash Position
740.00
+21.51%
609.00
-19.97%
761.00
-17.10%
918.00
End Cash Position
671.00
-9.32%
740.00
+21.51%
609.00
-19.97%
761.00
Free Cash Flow
-624.00
-294.94%
-158.00
+54.60%
-348.00
-51.30%
-230.00
Amortization Of Securities
—
1.00
+0.00%
1.00
+0.00%
1.00
Common Stock Issuance
—
—
0.00
0.00
Issuance Of Capital Stock
—
—
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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