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

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

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

Frontier Group Holdings' FCF Margin history runs 7 years deep, the most recent figure standing at 2.82% for Q1 2026.

  • Quarterly FCF Margin rose 1423.0% year-over-year to 2.82% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.3% (down 349.0% YoY) and the FY2025 annual result came in at 16.11%, down 891.0% from the prior year.
  • FCF Margin was 2.82% for Q1 2026 at Frontier Group Holdings, up from 11.33% in the prior quarter.
  • Across five years, FCF Margin topped out at 3.89% in Q4 2024 and bottomed at 26.74% in Q3 2024.
  • A 5-year average of 8.88% and a median of 7.63% in 2023 frame the typical range for FCF Margin.
  • Annual changes were most pronounced in 2022 — FCF Margin tumbled 3856 bps — and 2026, when it soared 1423 bps.
  • Frontier Group Holdings' FCF Margin stood at 3.42% in 2022, then tumbled by 323 bps to 7.63% in 2023, then soared by 151 bps to 3.89% in 2024, then plunged by 391 bps to 11.33% in 2025, then surged by 125 bps to 2.82% in 2026.
  • Business Quant data shows ULCC's FCF Margin at 2.82% in Q1 2026, 11.33% in Q4 2025, and 18.62% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Latam Airlines 30,820.50 Bn 30,817.83 Bn 1.28 Mn 0.01%
2 Ryanair Holdings 60.62 Bn 57.43 Bn - -
3 Delta Air Lines 56.47 Bn 51.80 Bn 19.07 Bn -2.27%
4 Southwest Airlines 22.19 Bn 18.40 Bn 7.33 Bn -3.42%
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.95 Bn 8.12 Bn - 31.66%
6 Copa Holdings 5.72 Bn 4.39 Bn 713.71 Mn -98.66%
7 Alaska Air 5.41 Bn 3.64 Bn 3.20 Bn 3.42%
8 Skywest 4.36 Bn 3.75 Bn 1.01 Bn 14.63%
9 Jetblue Airways 2.00 Bn 1.59 Bn 1.87 Bn -0.27%
10 Frontier Group Holdings 1.40 Bn 625.26 Mn - 2.82%

Historic Data

Download Data
DateValue
Mar 31, 2026 2.82%
Dec 31, 2025 -11.33%
Sep 30, 2025 -18.62%
Jun 30, 2025 -23.47%
Mar 31, 2025 -11.40%
Dec 31, 2024 3.89%
Sep 30, 2024 -26.74%
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 3.42%
Sep 30, 2022 -10.38%
Jun 30, 2022 -1.65%
Mar 31, 2022 -15.54%
Dec 31, 2021 18.56%
Sep 30, 2021 -24.44%
Jun 30, 2021 36.91%