Frontier Group Holdings (ULCC) Debt Ratio (2020 - 2026)

Frontier Group Holdings (ULCC) posted Debt Ratio of 0.12 for Q1 2026, up 38.75% on a QoQ basis from 0.09 in Q4 2025, and down 1.32% year-over-year from 0.12 in Q1 2025.

Frontier Group Holdings (ULCC) Debt Ratio (2020 - 2026) Analysis & Trends

Frontier Group Holdings' Debt Ratio history runs 7 years deep, the most recent figure standing at 0.12 for Q1 2026.

  • Quarterly Debt Ratio fell 1.32% year-over-year to 0.12 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.12 (down 1.32% YoY) and the FY2025 annual result came in at 0.09, up 4.24% from the prior year.
  • Debt Ratio was 0.12 for Q1 2026 at Frontier Group Holdings, up from 0.09 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.15 in Q3 2023 and bottomed at 0.08 in Q2 2024.
  • A 5-year average of 0.1 and a median of 0.1 in 2022 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2023 — Debt Ratio soared 62.03% — and 2024, when it slumped 47.45%.
  • Frontier Group Holdings' Debt Ratio stood at 0.1 in 2022, then retreated by 1.28% to 0.09 in 2023, then fell by 13.33% to 0.08 in 2024, then rose by 4.24% to 0.09 in 2025, then surged by 38.75% to 0.12 in 2026.
  • Business Quant data shows ULCC's Debt Ratio at 0.12 in Q1 2026, 0.09 in Q4 2025, and 0.1 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Latam Airlines 30,820.50 Bn 30,817.83 Bn 1.28 Mn 0.00
2 Ryanair Holdings 60.62 Bn 57.43 Bn - 0.00
3 Delta Air Lines 56.47 Bn 51.80 Bn 19.07 Bn 0.16
4 Southwest Airlines 22.19 Bn 18.40 Bn 7.33 Bn 0.20
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.95 Bn 8.12 Bn - 0.08
6 Copa Holdings 5.72 Bn 4.39 Bn 713.71 Mn 0.30
7 Alaska Air 5.41 Bn 3.64 Bn 3.20 Bn 0.26
8 Skywest 4.36 Bn 3.75 Bn 1.01 Bn 0.31
9 Jetblue Airways 2.00 Bn 1.59 Bn 1.87 Bn 0.51
10 Frontier Group Holdings 1.40 Bn 625.26 Mn - 0.12

Historic Data

Download Data
DateValue
Mar 31, 2026 0.12
Dec 31, 2025 0.09
Sep 30, 2025 0.10
Jun 30, 2025 0.09
Mar 31, 2025 0.12
Dec 31, 2024 0.08
Sep 30, 2024 0.08
Jun 30, 2024 0.08
Mar 31, 2024 0.14
Dec 31, 2023 0.09
Sep 30, 2023 0.15
Jun 30, 2023 0.09
Mar 31, 2023 0.14
Dec 31, 2022 0.10
Sep 30, 2022 0.10
Jun 30, 2022 0.13
Mar 31, 2022 0.09
Dec 31, 2021 0.10
Sep 30, 2021 0.09
Jun 30, 2021 0.08