Frontier Group Holdings (ULCC) Gross Profit (2020 - 2023)
Frontier Group Holdings' (ULCC) quarterly Gross Profit came in at $870.0 million in Q4 2023, down 1.25% on a YoY basis from $881.0 million in Q4 2022, and up 3.2% quarter-over-quarter from $843.0 million in Q3 2023.
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Analysis
Frontier Group Holdings (ULCC) Gross Profit (2020 - 2023) Analysis & Trends
Frontier Group Holdings (ULCC) has reported Gross Profit for 4 consecutive years, with $870.0 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Gross Profit fell 1.25% year-over-year to $870.0 million; the trailing twelve-month figure through Dec 2023 stood at $3.4 billion (up 8.7% YoY), and the FY2023 full-year result was $3.4 billion, up 8.7% from the prior year.
- Gross Profit rose to $870.0 million in Q4 2023 per ULCC's latest filing, from $843.0 million in the prior quarter.
- Across five years, Gross Profit topped out at $914.0 million in Q2 2023 and bottomed at $169.0 million in Q2 2020.
- Historically, Gross Profit has averaged $608.8 million across 4 years, with a median of $587.0 million in 2021.
- The widest YoY moves for Gross Profit: up 214.2% in 2021, down 50.1% in 2021.
- Over 4 years, Gross Profit stood at $250.0 million in 2020, then jumped by 127.2% to $568.0 million in 2021, then surged by 55.11% to $881.0 million in 2022, then retreated by 1.25% to $870.0 million in 2023.
- According to Business Quant data, Gross Profit over the past three periods registered $870.0 million, $843.0 million, and $914.0 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 52.35 Bn | 47.68 Bn | 19.07 Bn |
| 2 | Ryanair Holdings | 27.93 Bn | 24.00 Bn | - |
| 3 | Southwest Airlines | 20.05 Bn | 16.26 Bn | 7.33 Bn |
| 4 | Copa Holdings | 5.42 Bn | 4.16 Bn | 1.03 Bn |
| 5 | Alaska Air | 4.52 Bn | 1.86 Bn | 3.76 Bn |
| 6 | Skywest | 3.74 Bn | 3.14 Bn | 1.01 Bn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.25 Bn | 1.21 Bn | - |
| 8 | Allegiant Travel | 2.14 Bn | 1.08 Bn | 902.77 Mn |
| 9 | Jetblue Airways | 1.65 Bn | -372.51 Mn | 2.32 Bn |
| 10 | Frontier Group Holdings | 1.34 Bn | 384.76 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 870.00 Mn |
| Sep 30, 2023 | 843.00 Mn |
| Jun 30, 2023 | 914.00 Mn |
| Mar 31, 2023 | 822.00 Mn |
| Dec 31, 2022 | 881.00 Mn |
| Sep 30, 2022 | 865.00 Mn |
| Jun 30, 2022 | 870.00 Mn |
| Mar 31, 2022 | 557.00 Mn |
| Dec 31, 2021 | 568.00 Mn |
| Sep 30, 2021 | 606.00 Mn |
| Jun 30, 2021 | 531.00 Mn |
| Mar 31, 2021 | 254.00 Mn |
| Dec 31, 2020 | 250.00 Mn |
| Sep 30, 2020 | 232.00 Mn |
| Jun 30, 2020 | 169.00 Mn |
| Mar 31, 2020 | 509.00 Mn |
API Access
Frontier Group Holdings Gross Profit 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=gross-profit&ticker=ULCC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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=gross-profit&ticker=ULCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();