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
DateValue
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