Frontier Group Holdings (ULCC) Gross Profit (2020 - 2023)
Frontier Group Holdings (ULCC) posted Gross Profit of $870.0 million for Q4 2023, up 3.2% on a QoQ basis from $843.0 million in Q3 2023, and down 1.25% year-over-year from $881.0 million in Q4 2022.
Frontier Group Holdings (ULCC) Gross Profit (2020 - 2023) Analysis & Trends
Frontier Group Holdings' Gross Profit history runs 4 years deep, the most recent figure standing at $870.0 million for Q4 2023.
- Quarterly Gross Profit fell 1.25% year-over-year to $870.0 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $3.4 billion (up 8.7% YoY) and the FY2023 annual result came in at $3.4 billion, up 8.7% from the prior year.
- Gross Profit was $870.0 million for Q4 2023 at Frontier Group Holdings, up 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.
- A 4-year average of $608.8 million and a median of $587.0 million in 2021 frame the typical range for Gross Profit.
- Peak annual rise in Gross Profit reached 214.2% in 2021, while the deepest fall reached 50.1% in 2021.
- Frontier Group Holdings' 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.
- Business Quant data shows ULCC's Gross Profit at $870.0 million in Q4 2023, $843.0 million in Q3 2023, and $914.0 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Latam Airlines | 30,820.50 Bn | 30,817.83 Bn | 1.28 Mn |
| 2 | Ryanair Holdings | 60.62 Bn | 57.43 Bn | - |
| 3 | Delta Air Lines | 56.47 Bn | 51.80 Bn | 19.07 Bn |
| 4 | Southwest Airlines | 22.19 Bn | 18.40 Bn | 7.33 Bn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.95 Bn | 8.12 Bn | - |
| 6 | Copa Holdings | 5.72 Bn | 4.39 Bn | 713.71 Mn |
| 7 | Alaska Air | 5.41 Bn | 3.64 Bn | 3.20 Bn |
| 8 | Skywest | 4.36 Bn | 3.75 Bn | 1.01 Bn |
| 9 | Jetblue Airways | 2.00 Bn | 1.59 Bn | 1.87 Bn |
| 10 | Frontier Group Holdings | 1.40 Bn | 625.26 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 870.00 Mn |
| Dec 31, 2023 | 870.00 Mn |
| Sep 30, 2023 | 843.00 Mn |
| Sep 30, 2023 | 843.00 Mn |
| Jun 30, 2023 | 914.00 Mn |
| Jun 30, 2023 | 914.00 Mn |
| Mar 31, 2023 | 822.00 Mn |
| Mar 31, 2023 | 822.00 Mn |
| Dec 31, 2022 | 881.00 Mn |
| Dec 31, 2022 | 881.00 Mn |
| Sep 30, 2022 | 865.00 Mn |
| Sep 30, 2022 | 865.00 Mn |
| Jun 30, 2022 | 870.00 Mn |
| Jun 30, 2022 | 870.00 Mn |
| Mar 31, 2022 | 557.00 Mn |
| Mar 31, 2022 | 557.00 Mn |
| Dec 31, 2021 | 568.00 Mn |
| Dec 31, 2021 | 568.00 Mn |
| Sep 30, 2021 | 606.00 Mn |
| Sep 30, 2021 | 606.00 Mn |