Frontier Group Holdings (ULCC) Debt Ratio (2020 - 2026)
Frontier Group Holdings' (ULCC) Debt Ratio came in at 0.07 for Q2 2026, down 18.6% from 0.09 a year earlier and down 15.9% from the prior quarter.
Powered by 
Analysis
Frontier Group Holdings (ULCC) Debt Ratio (2020 - 2026) Analysis & Trends
For FY2025, Frontier Group Holdings' Debt Ratio stood at 0.09, up 4.2% from FY2024.
- In prior years, Frontier Group Holdings' Debt Ratio was 0.08 in FY2024 (-13.3%), 0.09 in FY2023 (-1.3%), 0.10 in FY2022 (-2.5%) and 0.10 in FY2021 (-0.2%).
- The Q2 2026 figure stands as the lowest quarterly Debt Ratio in data going back to Q4 2020.
- On a year-over-year basis, Debt Ratio increased in four of the last eight quarters, with an average decline of 2.6%.
- The strongest year-over-year quarter for Debt Ratio in the past five years was Q3 2025, with growth of 23.8%; the weakest was Q2 2026, with a decline of 18.6%.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.08 (Q1 2026), 0.09 (Q4 2025) and 0.10 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 171.20 Bn | 165.72 Bn | - | 0.43 |
| 2 | Csx | 89.44 Bn | 85.65 Bn | - | 0.42 |
| 3 | United Parcel Service | 84.05 Bn | 60.95 Bn | - | 0.34 |
| 4 | Canadian Pacific Kansas City | 77.69 Bn | 76.71 Bn | - | 0.28 |
| 5 | Norfolk Southern | 73.37 Bn | 68.02 Bn | - | 0.37 |
| 6 | Fedex | 70.63 Bn | 36.57 Bn | - | 0.26 |
| 7 | Delta Air Lines | 51.04 Bn | 33.22 Bn | - | 0.16 |
| 8 | Old Dominion Freight Line | 39.10 Bn | 38.36 Bn | - | 0.00 |
| 9 | United Airlines Holdings | 32.79 Bn | -23.58 Bn | - | 0.31 |
| 10 | Frontier Group Holdings | 1.17 Bn | -1.79 Bn | - | 0.07 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.07 |
| Mar 31, 2026 | 0.08 |
| Dec 31, 2025 | 0.09 |
| Sep 30, 2025 | 0.10 |
| Jun 30, 2025 | 0.09 |
| Mar 31, 2025 | 0.08 |
| Dec 31, 2024 | 0.08 |
| Sep 30, 2024 | 0.08 |
| Jun 30, 2024 | 0.08 |
| Mar 31, 2024 | 0.09 |
| Dec 31, 2023 | 0.09 |
| Sep 30, 2023 | 0.10 |
| Jun 30, 2023 | 0.09 |
| Mar 31, 2023 | 0.09 |
| Dec 31, 2022 | 0.10 |
| Sep 30, 2022 | 0.10 |
| Jun 30, 2022 | 0.09 |
| Mar 31, 2022 | 0.09 |
| Dec 31, 2021 | 0.10 |
| Sep 30, 2021 | 0.09 |
API Access
Frontier Group Holdings Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=ULCC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "ULCC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=ULCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();