Frontier Group Holdings (ULCC) FCF Margin (2020 - 2026)
Frontier Group Holdings (ULCC) posted FCF Margin of 10.79% for Q2 2026, up 28.66 percentage points from -17.87% a year earlier and up 7.97 percentage points from the prior quarter.
Frontier Group Holdings (ULCC) FCF Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at Frontier Group Holdings was -3.95%, up 5.77 percentage points year-over-year; for FY2025, it was -16.11%, down 11.93 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of +29.73 percentage points (FY2020 to FY2025).
- In prior years, Frontier Group Holdings' FCF Margin was -4.19% in FY2024 (+4.51 pp), -8.69% in FY2023 (-5.12 pp), -3.58% in FY2022 (-12.75 pp) and 9.17% in FY2021 (+55.01 pp).
- The Q2 2026 figure stands as the highest quarterly FCF Margin since Q4 2021.
- On a year-over-year basis, FCF Margin increased in four of the last eight quarters, with an average year-over-year change of +1.67 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q4 2021, with a gain of 93.84 percentage points; the weakest was Q2 2022, with a drop of 35.48 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 2.82% (Q1 2026), -11.33% (Q4 2025) and -24.49% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.79 Bn | 165.32 Bn | - | 32.09% |
| 2 | Csx | 89.31 Bn | 85.52 Bn | - | 19.09% |
| 3 | United Parcel Service | 84.09 Bn | 60.98 Bn | - | 0.73% |
| 4 | Canadian Pacific Kansas City | 77.29 Bn | 76.31 Bn | - | 23.25% |
| 5 | Norfolk Southern | 73.22 Bn | 67.86 Bn | - | 17.75% |
| 6 | Fedex | 71.16 Bn | 37.10 Bn | - | 7.16% |
| 7 | Delta Air Lines | 50.19 Bn | 32.37 Bn | - | 1.49% |
| 8 | Old Dominion Freight Line | 39.30 Bn | 38.56 Bn | - | 12.59% |
| 9 | United Airlines Holdings | 31.93 Bn | -24.45 Bn | - | 1.51% |
| 10 | Frontier Group Holdings | 1.13 Bn | -1.83 Bn | - | 10.79% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.79% |
| 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% |
Frontier Group Holdings FCF Margin 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=fcf-margin&ticker=ULCC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=ULCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();