Frontier Group Holdings (ULCC) Interest Coverage Ratio (2020 - 2026)
Frontier Group Holdings (ULCC) posted Interest Coverage Ratio of 1.37 for Q1 2026, down 649.51% on a QoQ basis from 0.25 in Q4 2025, and down 425.62% year-over-year from 0.42 in Q1 2025.
Frontier Group Holdings (ULCC) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Frontier Group Holdings' Interest Coverage Ratio history runs 7 years deep, the most recent figure standing at 1.37 for Q1 2026.
- Quarterly Interest Coverage Ratio fell 425.62% year-over-year to 1.37 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.51 (down 876.88% YoY) and the FY2025 annual result came in at 0.2, down 536.45% from the prior year.
- Interest Coverage Ratio was 1.37 for Q1 2026 at Frontier Group Holdings, down from 0.25 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 0.61 in Q2 2023 and bottomed at 1.37 in Q1 2026.
- A 5-year average of 0.23 and a median of 0.2 in 2023 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio surged 933.08% — and 2025, when it tumbled 1119.69%.
- Frontier Group Holdings' Interest Coverage Ratio stood at 0.14 in 2022, then slumped by 168.33% to 0.38 in 2023, then jumped by 171.01% to 0.27 in 2024, then fell by 6.11% to 0.25 in 2025, then tumbled by 649.51% to 1.37 in 2026.
- Business Quant data shows ULCC's Interest Coverage Ratio at 1.37 in Q1 2026, 0.25 in Q4 2025, and 1.24 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,820.50 Bn | 30,817.83 Bn | 1.28 Mn | -5.02 |
| 2 | Ryanair Holdings | 60.62 Bn | 57.43 Bn | - | -38.62 |
| 3 | Delta Air Lines | 56.47 Bn | 51.80 Bn | 19.07 Bn | -155.33 |
| 4 | Southwest Airlines | 22.19 Bn | 18.40 Bn | 7.33 Bn | 3.10 |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.95 Bn | 8.12 Bn | - | 1.22 |
| 6 | Copa Holdings | 5.72 Bn | 4.39 Bn | 713.71 Mn | -7.63 |
| 7 | Alaska Air | 5.41 Bn | 3.64 Bn | 3.20 Bn | -3.67 |
| 8 | Skywest | 4.36 Bn | 3.75 Bn | 1.01 Bn | 1.25 |
| 9 | Jetblue Airways | 2.00 Bn | 1.59 Bn | 1.87 Bn | -1.56 |
| 10 | Frontier Group Holdings | 1.40 Bn | 625.26 Mn | - | -1.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.37 |
| Dec 31, 2025 | 0.25 |
| Sep 30, 2025 | -1.24 |
| Jun 30, 2025 | -0.42 |
| Mar 31, 2025 | -0.26 |
| Dec 31, 2024 | 0.27 |
| Sep 30, 2024 | 0.12 |
| Jun 30, 2024 | 0.16 |
| Mar 31, 2024 | -0.21 |
| Dec 31, 2023 | -0.38 |
| Sep 30, 2023 | -0.39 |
| Jun 30, 2023 | 0.61 |
| Mar 31, 2023 | -0.20 |
| Dec 31, 2022 | -0.14 |
| Sep 30, 2022 | 0.52 |
| Jun 30, 2022 | 0.06 |
| Mar 31, 2022 | -1.31 |
| Dec 31, 2021 | -0.70 |
| Sep 30, 2021 | 0.37 |
| Jun 30, 2021 | 0.16 |