Frontier Group Holdings (ULCC) Interest Coverage Ratio (2020 - 2026)
Frontier Group Holdings' (ULCC) quarterly Interest Coverage Ratio came in at 9.7 in Q2 2026, down 29.33% on a YoY basis from 13.73 in Q2 2025, and up 58.87% quarter-over-quarter from 23.58 in Q1 2026.
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Analysis
Frontier Group Holdings (ULCC) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Frontier Group Holdings (ULCC) has reported Interest Coverage Ratio for 7 consecutive years, with 9.7 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio fell 29.33% year-over-year to 9.7; the trailing twelve-month figure through Jun 2026 stood at 8.33 (down 455.1% YoY), and the FY2025 full-year result was 3.24, down 301.05% from the prior year.
- Interest Coverage Ratio climbed to 9.7 in Q2 2026 per ULCC's latest filing, from 23.58 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 14.0 in Q3 2022 and bottomed at 23.58 in Q1 2026.
- Historically, Interest Coverage Ratio has averaged 1.78 across 5 years, with a median of 1.91 in 2023.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio soared 1433.33% in 2024, then tumbled 370.18% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 9.0 in 2022, then tumbled by 104.17% to 0.38 in 2023, then jumped by 1433.33% to 5.0 in 2024, then dropped by 18.33% to 4.08 in 2025, then plunged by 337.55% to 9.7 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 9.7, 23.58, and 4.08 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 52.71 Bn | 48.04 Bn | 19.07 Bn | - |
| 2 | Ryanair Holdings | 28.90 Bn | 24.96 Bn | - | - |
| 3 | Southwest Airlines | 19.37 Bn | 15.58 Bn | 7.33 Bn | 4.45 |
| 4 | Copa Holdings | 5.44 Bn | 4.18 Bn | 1.03 Bn | 3.25 |
| 5 | Alaska Air | 4.69 Bn | 2.03 Bn | 3.76 Bn | -1.95 |
| 6 | Skywest | 3.85 Bn | 3.25 Bn | 1.01 Bn | 6.25 |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.30 Bn | 1.27 Bn | - | 0.50 |
| 8 | Allegiant Travel | 2.14 Bn | 1.08 Bn | 902.77 Mn | 0.53 |
| 9 | Jetblue Airways | 1.75 Bn | -274.49 Mn | 2.32 Bn | -0.96 |
| 10 | Frontier Group Holdings | 1.37 Bn | 416.98 Mn | - | -9.70 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.70 |
| 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 |