GoAI
Get started
Frontier Group Holdings, Inc. logo

Frontier Group Holdings, Inc.

ULCC

NASDAQIndustrialsAirlines, Airports & Air Services

Open in GoAI

Previous close

$5.96

+$0.20 · +3.47%

Aug 21, 4:00 PM ET

ULCC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

20

Overpriced

Momentum

79

Gaining

Sentiment

53

Mixed

Risk resilience

37

High Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

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.

Industry
Airlines, Airports & Air Services
Sector
Industrials
Headquarters
US
CEO
James G. Dempsey
Listed since
Apr 1, 2021
Employees
8,352

Market position

Day range

Current $5.96

52-week range

Current $5.96

Open
$5.915
Previous close
$5.76
Volume
2.49M
0.52× average
Average volume
4.84M
Average daily volume
Market cap
1.37B USD
Beta
2.6
Market reference 1
50-day average
$6.8369
-12.83% below average
200-day average
$5.1552
+15.61% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
5.87B USD
P/E (TTM)
-3.53×
P/B (TTM)
10.03×
P/S (TTM)
0.33×
EV / EBITDA
-183.42×
Earnings yield
-12.71%
Free cash flow yield
-57.91%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
-5.25%
Operating margin
-9.82%
Net margin
-9.29%
Return on equity
-27.90%
Return on assets
-1.90%
Return on invested capital
-2.40%

Financial health

Debt / equity
38.54×
Current ratio
0.46×
Altman Z-score
0.3
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends10%3%-4%-12%Gross margin, FY2021: -9.81%Gross margin, FY2022: 8.48%Gross margin, FY2023: 8.41%Gross margin, FY2024: 4.95%Gross margin, FY2025: 0.38%Operating margin, FY2021: -5.68%Operating margin, FY2022: -1.05%Operating margin, FY2023: -0.08%Operating margin, FY2024: 1.54%Operating margin, FY2025: -4.00%Net margin, FY2021: -4.95%Net margin, FY2022: -1.11%Net margin, FY2023: -0.31%Net margin, FY2024: 2.25%Net margin, FY2025: -3.68%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 -9.81%. Gross margin FY2022 8.48%. Gross margin FY2023 8.41%. Gross margin FY2024 4.95%. Gross margin FY2025 0.38%. Operating margin FY2021 -5.68%. Operating margin FY2022 -1.05%. Operating margin FY2023 -0.08%. Operating margin FY2024 1.54%. Operating margin FY2025 -4.00%. Net margin FY2021 -4.95%. Net margin FY2022 -1.11%. Net margin FY2023 -0.31%. Net margin FY2024 2.25%. Net margin FY2025 -3.68%.

Income trends

Revenue

3.72B USD-1.35%

Operating income

−149M USD−207M USD

Net income

−137M USD−222M USD
Income trends across reported periods4.17B USD2.6B USD1.03B USD−541.4M USDRevenue, FY2021: 2.06B USDRevenue, FY2022: 3.33B USDRevenue, FY2023: 3.59B USDRevenue, FY2024: 3.78B USDRevenue, FY2025: 3.72B USDOperating income, FY2021: −117M USDOperating income, FY2022: −35M USDOperating income, FY2023: −3M USDOperating income, FY2024: 58M USDOperating income, FY2025: −149M USDNet income, FY2021: −102M USDNet income, FY2022: −37M USDNet income, FY2023: −11M USDNet income, FY2024: 85M USDNet income, FY2025: −137M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.06B USD. Revenue FY2022 3.33B USD. Revenue FY2023 3.59B USD. Revenue FY2024 3.78B USD. Revenue FY2025 3.72B USD. Operating income FY2021 −117M USD. Operating income FY2022 −35M USD. Operating income FY2023 −3M USD. Operating income FY2024 58M USD. Operating income FY2025 −149M USD. Net income FY2021 −102M USD. Net income FY2022 −37M USD. Net income FY2023 −11M USD. Net income FY2024 85M USD. Net income FY2025 −137M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue3.72B USD3.78B USD3.59B USD3.33B USD2.06B USD
Cost of goods sold3.71B USD3.59B USD3.29B USD3.04B USD2.26B USD
Gross profit14M USD187M USD302M USD282M USD−202M USD
Selling, general, and administrative159M USD178M USD164M USD164M USD109M USD
Operating expenses163M USD129M USD305M USD317M USD−85M USD
Interest income26M USD32M USD36M USD10M USD2M USD
Interest expense11M USD4M USD1M USD3M USD29M USD
Depreciation and amortization91M USD72M USD50M USD45M USD38M USD
Operating income−149M USD58M USD−3M USD−35M USD−117M USD
Net income−137M USD85M USD−11M USD−37M USD−102M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
+39.03%
11 comparable reports
Latest EPS result
-0.1
Estimate -0.47 · Beat by 78.69%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.290.02-0.25-0.53Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 7, 2025: actual 0.23, estimate 0.04, surprise +475.00%, Beat. Q2 2025, reported May 1, 2025: actual -0.19, estimate -0.22, surprise +13.64%, Beat. Q3 2025, reported Aug 5, 2025: actual -0.31, estimate -0.28, surprise -10.71%, Miss. Q4 2025, reported Nov 5, 2025: actual -0.338, estimate 0.127, surprise -366.20%, Miss. Q1 2026, reported Feb 11, 2026: actual 0.23, estimate 0.1, surprise +130.00%, Beat. Q2 2026, reported May 5, 2026: actual -0.3, estimate -0.37, surprise +18.92%, Beat. Q3 2026, reported Jul 29, 2026: actual -0.1, estimate -0.469, surprise +78.69%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate -0.051, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.33B1.17B999.95M834.84MQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 7, 2025: actual 1B USD, estimate 986.5M USD, surprise +1.57%, Beat. Q2 2025, reported May 1, 2025: actual 912M USD, estimate 955.11M USD, surprise -4.51%, Miss. Q3 2025, reported Aug 5, 2025: actual 929M USD, estimate 911M USD, surprise +1.98%, Beat. Q4 2025, reported Nov 5, 2025: actual 886M USD, estimate 971.35M USD, surprise -8.79%, Miss. Q1 2026, reported Feb 11, 2026: actual 997M USD, estimate 973.57M USD, surprise +2.41%, Beat. Q2 2026, reported May 5, 2026: actual 1.07B USD, estimate 1.04B USD, surprise +2.11%, Beat. Q3 2026, reported Jul 29, 2026: actual 1.28B USD, estimate 1.22B USD, surprise +5.04%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 1.27B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$7.00

17.45% upside
Past 12 months12-month forecastHigh $7.00Average $7.00Low $7.00

Recent analyst actions

11 institutions

ULCC news

fool.com

Grok 4.6 Matches the Frontier Models at a 60% Discount. Now SpaceX Has the Developers to Use It.

SpaceX's purchase of Cursor marks its arrival as a serious contender in the software development arena. Grok 4.6 is the first xAI model to rank alongside the best from OpenAI and Anthropic on key benchmarks.

Read source
prnewswire.com

Palo Alto Networks Introduces Frontier AI Critical Defense Program

A collaboration of leading technology providers to protect critical infrastructure against the rapid rise of AI-discovered vulnerabilities SANTA CLARA, Calif., Aug. 19, 2026 /PRNewswire/ -- Palo Alto Networks (NASDAQ:…

Read source
prnewswire.com

ALP Introduces the Frontier Collection: Three New Flavors and a Cinematic Campaign Inspired by the American West

The direct-to-consumer launch expands ALP's lineup with its most-requested flavors, new nicotine strengths, and a short film shot with a live horse roundup and a Black Hawk helicopter MIAMI, Aug. 18, 2026 /PRNewswire/ --…

Read source
prnewswire.com

CleanCore Solutions, Inc. Announces Planned Corporate Name Change to Zone Frontier Inc.

HOUSTON, Aug. 14, 2026 /PRNewswire/ -- CleanCore Solutions, Inc. (NYSE American: ZONE) (the "Company") today announced that it intends to change its corporate name from "CleanCore Solutions, Inc." to "Zone Frontier Inc."…

Read source
seekingalpha.com

Cerebras Systems Long-Term View: Delivery Speed Is The Next Frontier Of AI

Cerebras Systems Inc. leads AI inference hardware with its WSEs, offering unmatched token generation speed and a strong first-mover advantage. CBRS's WSE-3 delivers 7,000x the bandwidth of Nvidia's H100, enabling rapid…

Read source
zacks.com

Are You Looking for a Top Momentum Pick? Why Frontier Group Holdings (ULCC) is a Great Choice

Does Frontier Group Holdings (ULCC) have what it takes to be a top stock pick for momentum investors? Let's find out.

Read source

ULCC peers

Space Exploration Technologies Corp. logo

SPCX

Space Exploration Technologies Corp.

$136.97

+2.22%

CSX Corporation logo

CSX

CSX Corporation

$51.59

+1.22%

Cintas Corporation logo

CTAS

Cintas Corporation

$203.79

+0.13%

PACCAR Inc logo

PCAR

PACCAR Inc

$131.03

+1.62%

Honeywell International Inc. logo

HON

Honeywell International Inc.

$215.9

-1.11%

Fastenal Company logo

FAST

Fastenal Company

$51.26

+1.18%

ETFs holding ULCC

Funds reporting this stock among their holdings, ordered by reported position size.

U.S. Global Jets ETF logoU.S. Global Jets ETFJETS
Market value
24.51M
Weight
3.12%
AUM
851.43M USD
Expense ratio
0.60%
Price / 1D
$29.57+1.06%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
17.47M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
12.47M
Weight
0.01%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
8.95M
Weight
0.01%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Vanguard Morningstar Small-Cap Growth ETF logoVanguard Morningstar Small-Cap Growth ETFVBK
Market value
7.16M
Weight
0.02%
AUM
43.8B USD
Expense ratio
0.05%
Price / 1D
$358.65+0.70%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
6.64M
Weight
0.01%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
State Street SPDR S&P Transportation ETF logoState Street SPDR S&P Transportation ETFXTN
Market value
4.61M
Weight
1.25%
AUM
369.22M USD
Expense ratio
0.35%
Price / 1D
$108.14+1.41%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
3.22M
Weight
0.02%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$387.37+1.24%

Continue in GoAI

Research ULCC

research.disclaimer