Frontier Group Holdings (ULCC) Interest Coverage Ratio (2020 - 2026)
Frontier Group Holdings (ULCC) reported Interest Coverage Ratio of 23.58 for Q1 2026, down 361.41% on a YoY basis from 9.02 in Q1 2025, and down 677.55% quarter-over-quarter from 4.08 in Q4 2025.
Frontier Group Holdings (ULCC) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Frontier Group Holdings has reported Interest Coverage Ratio for 7 years, with the latest figure at 23.58 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 361.41% year-over-year to 23.58; the trailing twelve-month figure through Mar 2026 stood at 7.88 (down 759.52% YoY), and the FY2025 full-year result was 3.24, down 301.05% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 23.58, down from 4.08 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 14.0 in Q3 2022, with the low at 23.58 in Q1 2026.
- Historically, Interest Coverage Ratio has averaged 1.31 across 5 years, with a median of 0.38 in 2023.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio surged 1433.33% — and 2025, when it slumped 370.18%.
- Frontier Group Holdings' Interest Coverage Ratio stood at 9.0 in 2022, then sank by 104.17% to 0.38 in 2023, then surged by 1433.33% to 5.0 in 2024, then decreased by 18.33% to 4.08 in 2025, then slumped by 677.55% to 23.58 in 2026.
- The last three Interest Coverage Ratio figures came in at 23.58 (Q1 2026), 4.08 (Q4 2025), and 5.13 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | - |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | - |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 1.10 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 6.11 |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | -7.63 |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | -3.67 |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 5.06 |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | 0.28 |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -1.56 |
| 10 | Frontier Group Holdings | 1.65 Bn | 879.80 Mn | 724.00 Mn | -23.58 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -23.58 |
| Dec 31, 2025 | 4.08 |
| Sep 30, 2025 | -5.13 |
| Jun 30, 2025 | -7.50 |
| Mar 31, 2025 | -5.11 |
| Dec 31, 2024 | 5.00 |
| Sep 30, 2024 | 1.90 |
| Jun 30, 2024 | 3.13 |
| Mar 31, 2024 | -3.44 |
| Dec 31, 2023 | -0.38 |
| Sep 30, 2023 | -6.75 |
| Jun 30, 2023 | 11.29 |
| Mar 31, 2023 | -4.17 |
| Dec 31, 2022 | 9.00 |
| Sep 30, 2022 | 14.00 |
| Jun 30, 2022 | 2.33 |
| Mar 31, 2022 | -17.00 |
| Dec 31, 2021 | -43.00 |
| Sep 30, 2021 | 10.75 |
| Jun 30, 2021 | 3.60 |