Frontier Group Holdings (ULCC) Interest Coverage Ratio (2020 - 2026)
Frontier Group Holdings posted quarterly Interest Coverage Ratio of 23.58 for Q1 2026, down 361.41% year-on-year from 9.02 in Q1 2025, and down 677.55% on a QoQ basis from 4.08 in Q4 2025.
Frontier Group Holdings (ULCC) has 7 years of Interest Coverage Ratio data on file, last reported 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.
- Across five years, Interest Coverage Ratio topped out at 14.0 in Q3 2022 and bottomed at 23.58 in Q1 2026.
- The 5-year median for Interest Coverage Ratio is 0.38 (2023), against an average of 1.31.
- The widest annual swing landed in 2024, when Interest Coverage Ratio surged 1433.33%; it then plunged 370.18% in 2025.
- A 5-year view of Interest Coverage Ratio shows it stood at 9.0 in 2022, then plunged by 104.17% to 0.38 in 2023, then soared by 1433.33% to 5.0 in 2024, then slipped by 18.33% to 4.08 in 2025, then sank 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | - |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 6.11 |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | - |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | 0.28 |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | -3.67 |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 5.06 |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | -7.63 |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | -1.56 |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 2.77 |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 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 |
| Mar 31, 2021 | -4.18 |
| Dec 31, 2020 | -16.73 |
| Sep 30, 2020 | -40.50 |
| Jun 30, 2020 | 2.00 |
| Mar 31, 2020 | -53.00 |