Frontier Group Holdings (ULCC) FCF Margin (2020 - 2026)

Frontier Group Holdings (ULCC) reported FCF Margin of 2.82% for Q1 2026, up 1423.0% on a YoY basis from 0.19% in Q1 2025, and up 124.9% quarter-over-quarter from 11.33% in Q4 2025.

Frontier Group Holdings (ULCC) FCF Margin (2020 - 2026) Analysis & Trends

Frontier Group Holdings has reported FCF Margin for 7 years, with the latest figure at 2.82% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin rose 1423.0% year-over-year to 2.82%; the trailing twelve-month figure through Mar 2026 stood at 12.3% (down 647.0% YoY), and the FY2025 full-year result was 16.11%, down 1193.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 2.82%, up from 11.33% in the prior quarter.
  • The five-year high for FCF Margin was 9.27% in Q4 2022, with the low at 24.49% in Q3 2025.
  • Historically, FCF Margin has averaged 7.85% across 5 years, with a median of 7.63% in 2023.
  • Annual changes were most pronounced in 2022 — FCF Margin tumbled 3548 bps — and 2024, when it surged 1492 bps.
  • Frontier Group Holdings' FCF Margin stood at 9.27% in 2022, then sank by 182 bps to 7.63% in 2023, then surged by 195 bps to 7.29% in 2024, then sank by 256 bps to 11.33% in 2025, then soared by 125 bps to 2.82% in 2026.
  • The last three FCF Margin figures came in at 2.82% (Q1 2026), 11.33% (Q4 2025), and 24.49% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Ryanair Holdings 437.97 Bn 432.49 Bn 1.55 Bn -
2 Delta Air Lines 53.44 Bn 48.39 Bn 15.19 Bn 9.03%
3 Grupo Aeromexico, S.A.B. de C.V 47.52 Bn 46.49 Bn -239.00 Mn 264.47%
4 Southwest Airlines 22.06 Bn 18.73 Bn 6.21 Bn 10.87%
5 Copa Holdings 5.71 Bn 4.38 Bn 713.71 Mn -98.66%
6 Alaska Air 5.32 Bn 3.55 Bn 3.20 Bn 11.85%
7 Skywest 3.57 Bn 2.95 Bn 924.11 Mn 12.87%
8 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 1.89 Bn 1.89 Bn - 32.60%
9 Jetblue Airways 1.85 Bn -320.56 Mn 1.87 Bn -0.27%
10 Frontier Group Holdings 1.39 Bn 615.97 Mn 724.00 Mn 2.82%

Historic Data

Download Data
DateValue
Mar 31, 2026 2.82%
Dec 31, 2025 -11.33%
Sep 30, 2025 -24.49%
Jun 30, 2025 -17.87%
Mar 31, 2025 -11.40%
Dec 31, 2024 7.29%
Sep 30, 2024 -18.18%
Jun 30, 2024 -2.26%
Mar 31, 2024 -4.51%
Dec 31, 2023 -7.63%
Sep 30, 2023 -21.18%
Jun 30, 2023 -2.17%
Mar 31, 2023 -4.25%
Dec 31, 2022 9.27%
Sep 30, 2022 -13.47%
Jun 30, 2022 1.43%
Mar 31, 2022 -15.54%
Dec 31, 2021 18.56%
Sep 30, 2021 -24.44%
Jun 30, 2021 36.91%