Frontier Group Holdings, Inc.

NASDAQ•ULCC

CEO: Mr. Barry L. Biffle

Sector: Industrials

Industry: Airlines, Airports & Air Services

Listing Date: 2021-04-01

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, including its website, mobile app, and contact centers. As of December 31, 2023, it had a fleet of 136 Airbus single-aisle aircrafts. Frontier Group Holdings, Inc. was founded in 1994 and is headquartered in Denver, Colorado.

Contact Information

4545 Airport Way, Denver, CO, 80239, United States

720-374-4550

www.flyfrontier.com

Market Cap

$810.52M

P/E (TTM)

-5.9

14.6

Dividend Yield

52W High

$6.66

52W Low

$2.89

52W Range

17%

Rank45Top 56.8%

3.6

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 3.6 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$997.00M+0.00%

4-Quarter Trend

EPS

$0.23+0.00%

4-Quarter Trend

FCF

-$32.00M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Loss Reverses Profitability Generated net loss of $(137)M in 2025, compared to $85M income in 2024; diluted EPS $(0.60).

Revenue Declines Slightly Total operating revenues fell 1% to $3.72B in 2025; RASM decreased 1% to 9.37¢ per ASM.

Fleet Modernization Progresses A320neo family aircraft now comprise 85% of 176 aircraft fleet; average seats per departure increased 2% to 209.

Strong Liquidity Maintained Total available liquidity stood at $874M as of December 31, 2025, supported by $654M cash on hand.

Risk Factors

Non-Fuel Costs Rising Sharply CASM excluding fuel increased 10% to 7.41¢ per ASM, driven by higher aircraft rent and station costs.

Critical Labor Contracts Amendable 86% of workforce unionized; Pilots (ALPA) and Flight Attendants (AFA-CWA) contracts are currently in mediation.

Aircraft Utilization Decreased Average daily aircraft utilization dropped 11% to 9.2 hours in 2025, impacting cost structure effectiveness.

Future Aircraft Delivery Uncertainty Firm commitments for 168 A320neo family aircraft face potential delays impacting future capacity planning.

Outlook

Strategy Focus: Low Unit Costs Strategy centers on maintaining low unit costs via fleet optimization and disciplined expense management across operations.

Loyalty Program Enhancements Continue Plan to introduce First Seats by end of 2026 and onboard Wi-Fi by end of 2027 to boost loyalty.

Network Expansion Methodical Focus on strategically deploying capacity in high-volume, underserved markets to stimulate demand and ensure stable growth.

Fleet Modernization Continues Expect to operate 292 A320neo family aircraft by end of 2031, nearly all powered by new engine technology.

Peer Comparison

Revenue (TTM)

HTZ

$8.50B

-6.0%

ULCC

$3.72B

-1.4%

VLRS

$3.04B

-3.3%

Gross Margin (Latest Quarter)

SNCY

65.4%

+44.9pp

WLFC

56.7%

+20.0pp

GSL

51.0%

-1.4pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
NVRI	$1.60B	-9.3	-48.8%	66.7%
ALGT	$1.50B	-33.0	-4.2%	44.3%
HTZ	$1.44B	-1.9	193.8%	86.0%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

3.0%

Moderate Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

25%

Cash Flow Needs Attention

Deep Research

Next earnings:Apr 29, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data