10x Insights
Loading account…
Companies / Industrials / Frontier Group Holdings, Inc.
ULCC

Frontier Group Holdings, Inc.

IndustrialsAir Transportation
Ticker ULCCDENVER, COFiscal year ends DecemberBook value per share $0.16Diluted shares 229.9M

Frontier Group Holdings, Inc. (Nasdaq: ULCC) is the parent company of Frontier Airlines, an ultra-low-cost passenger carrier serving leisure and visiting-friends-and-relatives travelers across the United States and select destinations in the Americas. It sells low base fares with optional charges for services such as… From the company’s description.

Over the twelve months to Sep 30, 2026, Frontier Group Holdings, Inc. reported revenue of $4.62B, up 24.0% from a year earlier, and a net loss of $413.00M. Its operating margin was −9.5%, and operations generated $59.00M in cash. In fiscal 2025, it reported revenue of $3.72B, down 1.4% from fiscal 2024, and a net loss of $137.00M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$3.72BFY2025
−1.4% year over year
Last 12 mo $4.62B
-4.00%FY2025
−5.5 percentage points
Last 12 mo -9.50%
$-137.00MFY2025
−261.2% year over year
Last 12 mo $-413.00M
-27.90%FY2025
−42 percentage points
Last 12 mo -1116.22%
Cash & financing
$-525.00MFY2025
−540.2% year over year
Last 12 mo $59.00M
$-624.00MFY2025
−294.9% year over year
Last 12 mo $35.00M
1.25FY2025
Was 0.83× a year earlier
Last 12 mo 13.03
227.8MFY2025
+0.6% year over year
Last 12 mo 229.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Frontier Group Holdings, Inc. does

In the company’s own words

Frontier Group Holdings, Inc. (Nasdaq: ULCC) is the parent company of Frontier Airlines, an ultra-low-cost passenger carrier serving leisure and visiting-friends-and-relatives travelers across the United States and select destinations in the Americas. It sells low base fares with optional charges for services such as baggage, seat selection and priority boarding, and also offers bundled products and in-flight sales. The airline operates a single fleet type, Airbus A320-family aircraft, and primarily sells tickets through its website, mobile app and contact centers. Its customer programs include FRONTIER Miles, Discount Den and the GoWild! All-You-Can-Fly Pass, alongside a co-branded credit card program. As of December 31, 2025, Frontier served approximately 100 airports and operated 176 aircraft; it had approximately 7,750 employees. Its animal-themed aircraft tails and associated marketing are prominent brand features. The company’s website is www.flyfrontier.com.

Company details
Sector
Industrials
Industry (SIC)
Air Transportation
Headquarters
DENVER, CO
Fiscal year end
December
CIK
1670076
SIC
4512

Financial performance, year by year

Fiscal 2021–2025 · USD
$-916.60M$594.20M$2.11B$3.62B$5.13B20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Frontier Group Holdings, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

143
funds hold it
0 of 35
superinvestors hold it
$151.34M
held by funds, at market
9.6%
of shares held by funds

Largest fund holders · Frontier Group Holdings, Inc.’s weight in each

U.S. Global Jets ETF
JETS · ETF Series Solutions
4.05%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.02%of fund net assets
VANGUARD SMALL-CAP GROWTH INDEX FUND
VBK · VANGUARD INDEX FUNDS
0.02%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Frontier Group Holdings, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Frontier Group Holdings, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Frontier Group Holdings, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.