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Frontier Group Holdings, Inc. ULCC

Nasdaq · stock · Air Transportation, Scheduled · website · IPO 2021-04-01 · LEI

Frontier Group Holdings, Inc. statistics & valuation

Market cap$1.8B
P / S0.5×
P / B3.7×
Net margin-3.7%
Return on equity-27.9%
Net cash$51.0M
Enterprise value USD$1.8B
Earnings yield EBIT/EV-8.4%
Return on capital-2.9%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-18.00% -5.00% -1.10% -0.30% 2.30% -3.70% 202020212022202320242025
Gross margin (%)
202020212022202320242025
Operating margin (%)
-29.20% -5.70% -1.40% -0.10% 1.50% -4.00% 202020212022202320242025
Return on equity (%)
-72.60% -19.20% -7.30% -2.20% 14.10% -27.90% 202020212022202320242025
Shares outstanding
199.4M 217.1M 217.9M 223.0M 226.5M 229.0M 202020212022202320242025
Net debt ($)
-$131.0M -$495.0M -$330.0M -$135.0M -$233.0M -$51.0M 202020212022202320242025
Share buybacks ($)
202020212022202320242025
Return on assets (%)
-6.30% -2.40% -0.80% -0.20% 1.40% -1.90% 202020212022202320242025
Free cash flow margin (%)
202020212022202320242025
Debt / equity (×)
0.80× 0.80× 0.85× 0.93× 0.84× 1.26× 202020212022202320242025
EPS ($)
-$1.13 -$0.48 -$0.17 -$0.05 $0.37 -$0.60 202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020
Operating margin-4.0%1.5%-0.1%-1.4%-5.7%-29.2%
Net margin-3.7%2.3%-0.3%-1.1%-5.0%-18.0%
Return on assets-1.9%1.4%-0.2%-0.8%-2.4%-6.3%
Return on equity-27.9%14.1%-2.2%-7.3%-19.2%-72.6%
Debt / equity1.26×0.84×0.93×0.85×0.80×0.80×
Current ratio0.460.530.530.660.780.65

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.