ULCC
Frontier Group Holdings, Inc.
$7.58
-0.15
(-1.94%)
Mkt Cap
1.74B
Volume
2,333,108
52W Range
3.02-8.405
Sector
Industrials
Beta
2.57
EPS (TTM)
-1.61
P/E Ratio
-7.85
Revenue (TTM)
3.80B
Rev Growth (5Y)
+24.4%
EPS Growth (5Y)
N/A
AlphaVal · Fair Value
What we estimate one share is worth
$14.80
Undervalued
strong signal
48.8% below fair value
Modeled from cash flows & growth.
AlphaQuality · Grade · Gated
How strong & durable the business is
F
Stable Earnings Power
23.5 / 100 pillar composite (overridden)
Steady, predictable earnings power — graded A–F vs. similar companies.
Company Description
Operating as an ultra-low-cost carrier, Frontier Group Holdings, Inc. facilitates air travel for passengers. Its flight network spans approximately 120 airports, reaching destinations throughout the United States and internationally across the Americas. The company provides its services directly to consumers via its website, mobile app, and call center. By the close of 2021, specifically December 31st, its operational fleet comprised 110 single-aisle Airbus aircraft, including 16 A320ceos, 73 A320neos, and 21 A321ceos. Frontier Group Holdings, Inc. was founded in 2013 and maintains its headquarters in Denver, Colorado.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.72B | 3.77B | 3.59B | 3.33B | 2.06B | 1.25B | 2.51B | 2.16B | 1.92B | 1.71B | 1.60B | 1.59B |
| Net Income | (137.00M) | 85.00M | (11.00M) | (37.00M) | (102.00M) | (225.00M) | 251.00M | 80.00M | 162.00M | 200.00M | 146.00M | 140.00M |
| EPS | -0.60 | 0.38 | -0.05 | -0.17 | -0.47 | -1.05 | 1.10 | 0.37 | 0.75 | 0.93 | 0.68 | 0.65 |
| Free Cash Flow | (624.00M) | (158.00M) | (348.00M) | (230.00M) | 153.00M | (573.00M) | 109.00M | 130.00M | N/A | 208.00M | 62.00M | 115.00M |
| FCF / Share | -2.73 | -0.70 | -1.58 | -1.06 | 0.70 | -2.66 | 0.51 | 0.61 | N/A | 0.97 | 0.29 | 0.54 |
| Operating CF | (525.00M) | (82.00M) | (261.00M) | (78.00M) | 216.00M | (557.00M) | 171.00M | 189.00M | N/A | 238.00M | 208.00M | 184.00M |
| Total Assets | 7.22B | 6.15B | 4.99B | 4.50B | 4.24B | 3.55B | 3.86B | 1.51B | N/A | 1.34B | 1.13B | N/A |
| Total Debt | 5.46B | 4.47B | 3.46B | 2.93B | 2.85B | 2.61B | 2.51B | 214.00M | N/A | 246.00M | 233.00M | N/A |
| Cash & Equiv | 671.00M | 740.00M | 609.00M | 761.00M | 918.00M | 378.00M | 768.00M | 698.00M | N/A | 612.00M | 419.00M | N/A |
| Book Value | 491.00M | 604.00M | 507.00M | 509.00M | 530.00M | 310.00M | 542.00M | 280.00M | N/A | 446.00M | 342.00M | N/A |
| Return on Equity | -0.28 | 0.14 | -0.02 | -0.07 | -0.19 | -0.73 | 0.46 | 0.29 | N/A | 0.45 | 0.43 | N/A |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 992.00M | 997.00M | 886.00M | 929.00M | 912.00M | 1.00B | 935.00M | 973.00M | 865.00M | 891.00M | 883.00M | 967.00M |
| Net Income | (272.00M) | 53.00M | (77.00M) | (70.00M) | (43.00M) | 54.00M | 26.00M | 31.00M | (26.00M) | (37.00M) | (32.00M) | 71.00M |
| EPS | -1.19 | 0.23 | -0.34 | -0.31 | -0.19 | 0.24 | 0.11 | 0.14 | -0.12 | -0.17 | -0.14 | 0.31 |
| Free Cash Flow | 28.00M | (32.00M) | (260.00M) | (217.00M) | (115.00M) | 73.00M | (170.00M) | (22.00M) | (39.00M) | (52.00M) | (230.00M) | (30.00M) |
| FCF / Share | 0.12 | -0.14 | -1.14 | -0.95 | -0.51 | 0.32 | -0.76 | -0.10 | -0.17 | -0.23 | -1.04 | -0.14 |
| Operating CF | 40.00M | (91.00M) | (215.00M) | (133.00M) | (86.00M) | 87.00M | (156.00M) | 9.00M | (22.00M) | (54.00M) | (173.00M) | (9.00M) |
| Total Assets | 7.02B | 7.22B | 6.70B | 6.52B | 6.48B | 6.15B | 5.83B | 5.69B | 5.21B | 4.99B | 4.93B | 4.71B |
| Total Debt | 5.25B | 5.46B | 5.03B | 4.87B | 4.79B | 4.47B | 4.23B | 4.07B | 3.61B | 3.46B | 3.34B | 3.08B |
| Cash & Equiv | 772.00M | 671.00M | 566.00M | 563.00M | 686.00M | 740.00M | 576.00M | 658.00M | 622.00M | 609.00M | 640.00M | 780.00M |
| Book Value | 222.00M | 491.00M | 434.00M | 506.00M | 570.00M | 604.00M | 549.00M | 520.00M | 484.00M | 507.00M | 541.00M | 566.00M |
| Return on Equity | -1.23 | 0.11 | -0.18 | -0.14 | -0.08 | 0.09 | 0.05 | 0.06 | -0.05 | -0.07 | -0.06 | 0.13 |
ULCC News
Frontier Airlines: A Speculative Buy On A Promising Transformation
Higher Airfares Are Sticking After Spring Price Hikes, Analyst Says
Frontier Airlines and Barclays Extend Long-Term Partnership to Deliver More Value for FRONTIER Airlines World Mastercard ® Cardmembers
Frontier Power USA Welcomes $50 Million Investment from Hudson Bay Capital as Part of a $125 Million Hudson Bay Commitment in Support of FPUSA
Eos Announces $125 Million Investment for Frontier Power USA, Bringing Expected Frontier Equity Investment up to $375 Million
Eos Announces Pricing of Registered Direct Offering of Common Stock and Warrants to Fund Investment in Frontier Power USA
Eos Energy Enterprises, Inc. Announces Proposed Registered Direct Offering of Common Stock and Warrants to Fund Investment in Frontier Power USA
HP Inc. Launches Frontier Strategic Partnership with OpenAI to Fuel Customer-Facing Experiences and Transform Internal Operations
Frontier Power USA Engages KKR Capital Markets to Support Scaled Deployment of Long-Duration Energy Storage
Fermi America Tells Texas Lawmakers Project Matador Will Push the Frontier of AI Compute While Setting a New Standard for Water Stewardship