Frontier Group Holdings (ULCC) Invested Capital (2020 - 2026)
Frontier Group Holdings' (ULCC) quarterly Invested Capital came in at $853.0 million in Q2 2026, down 38.94% on a YoY basis from $1.4 billion in Q2 2025, and down 18.76% quarter-over-quarter from $1.0 billion in Q1 2026.
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Analysis
Frontier Group Holdings (ULCC) Invested Capital (2020 - 2026) Analysis & Trends
Frontier Group Holdings (ULCC) has reported Invested Capital for 7 consecutive years, with $853.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital fell 38.94% year-over-year to $853.0 million; the trailing twelve-month figure through Jun 2026 stood at $853.0 million (down 38.94% YoY), and the FY2025 full-year result was $1.1 billion, changed 0.09% from the prior year.
- Invested Capital slipped to $853.0 million in Q2 2026 per ULCC's latest filing, from $1.0 billion in the prior quarter.
- Across five years, Invested Capital topped out at $1.5 billion in Q3 2025 and bottomed at $853.0 million in Q2 2026.
- Historically, Invested Capital has averaged $1.1 billion across 5 years, with a median of $1.1 billion in 2023.
- The sharpest annual moves came in 2022 and 2026: Invested Capital surged 31.74% in 2022, then tumbled 38.94% in 2026.
- Over 5 years, Invested Capital stood at $938.0 million in 2022, then climbed by 4.16% to $977.0 million in 2023, then gained by 13.2% to $1.1 billion in 2024, then fell by 0.09% to $1.1 billion in 2025, then slipped by 22.81% to $853.0 million in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $853.0 million, $1.0 billion, and $1.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 55.19 Bn | 50.52 Bn | 19.07 Bn | 39.26 Bn |
| 2 | Ryanair Holdings | 29.15 Bn | 25.22 Bn | - | 11.06 Bn |
| 3 | Southwest Airlines | 20.59 Bn | 16.79 Bn | 7.33 Bn | 13.03 Bn |
| 4 | Copa Holdings | 5.56 Bn | 4.30 Bn | 1.03 Bn | 5.14 Bn |
| 5 | Alaska Air | 4.68 Bn | 2.01 Bn | 3.76 Bn | 10.17 Bn |
| 6 | Skywest | 3.93 Bn | 3.33 Bn | 1.01 Bn | 5.07 Bn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.39 Bn | 1.35 Bn | - | -169.00 Mn |
| 8 | Allegiant Travel | 2.23 Bn | 1.18 Bn | 902.77 Mn | 4.88 Bn |
| 9 | Jetblue Airways | 1.72 Bn | -304.65 Mn | 2.32 Bn | 10.54 Bn |
| 10 | Frontier Group Holdings | 1.43 Bn | 472.23 Mn | - | 853.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 853.00 Mn |
| Mar 31, 2026 | 1.05 Bn |
| Dec 31, 2025 | 1.11 Bn |
| Sep 30, 2025 | 1.47 Bn |
| Jun 30, 2025 | 1.40 Bn |
| Mar 31, 2025 | 1.35 Bn |
| Dec 31, 2024 | 1.11 Bn |
| Sep 30, 2024 | 1.21 Bn |
| Jun 30, 2024 | 1.24 Bn |
| Mar 31, 2024 | 1.22 Bn |
| Dec 31, 2023 | 977.00 Mn |
| Sep 30, 2023 | 1.30 Bn |
| Jun 30, 2023 | 1.24 Bn |
| Mar 31, 2023 | 1.13 Bn |
| Dec 31, 2022 | 938.00 Mn |
| Sep 30, 2022 | 1.08 Bn |
| Jun 30, 2022 | 963.00 Mn |
| Mar 31, 2022 | 909.00 Mn |
| Dec 31, 2021 | 944.00 Mn |
| Sep 30, 2021 | 1.04 Bn |
API Access
Frontier Group Holdings Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=ULCC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "ULCC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=ULCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();