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% YoY from $881.0 million in Q4 2022, and up 3.2% on a QoQ basis from $843.0 million in Q3 2023.
Frontier Group Holdings (ULCC) Gross Profit (2020 - 2023) Analysis & Trends
Frontier Group Holdings (ULCC) has 4 years of Gross Profit data on file, last reported at $870.0 million in 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 advanced to $870.0 million in Q4 2023, from $843.0 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $914.0 million in Q2 2023 to a low of $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.
- The widest YoY moves for Gross Profit: up 214.2% in 2021, down 50.1% in 2021.
- Tracing ULCC's Gross Profit over 4 years: stood at $250.0 million in 2020, then surged by 127.2% to $568.0 million in 2021, then soared by 55.11% to $881.0 million in 2022, then declined by 1.25% to $870.0 million in 2023.
- The last three Gross Profit figures came in at $870.0 million (Q4 2023), $843.0 million (Q3 2023), and $914.0 million (Q2 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 53.89 Bn | 49.22 Bn | 19.07 Bn |
| 2 | Ryanair Holdings | 29.45 Bn | 26.24 Bn | - |
| 3 | Southwest Airlines | 19.73 Bn | 15.94 Bn | 7.33 Bn |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn |
| 6 | Skywest | 3.99 Bn | 3.38 Bn | 1.01 Bn |
| 7 | Allegiant Travel | 1.86 Bn | 807.93 Mn | 902.77 Mn |
| 8 | Jetblue Airways | 1.83 Bn | -189.37 Mn | 2.32 Bn |
| 9 | Frontier Group Holdings | 1.36 Bn | 408.77 Mn | - |
| 10 | Republic Airways Holdings | 853.83 Mn | 576.23 Mn | 487.40 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 |