Frontier Group Holdings (ULCC) Net Margin (2020 - 2026)
Frontier Group Holdings (ULCC) reported Net Margin of 27.42% for Q1 2026, down 2270.0% on a YoY basis from 1.26% in Q1 2025, and down 615.79% quarter-over-quarter from 5.32% in Q4 2025.
Frontier Group Holdings (ULCC) Net Margin (2020 - 2026) Analysis & Trends
Frontier Group Holdings has reported Net Margin for 7 years, with the latest figure at 27.42% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 2270.0% year-over-year to 27.42%; the trailing twelve-month figure through Mar 2026 stood at 9.62% (down 1140.0% YoY), and the FY2025 full-year result was 3.68%, down 593.0% from the prior year.
- Net Margin for Q1 2026 stood at 27.42%, down from 5.32% in the prior quarter.
- The five-year high for Net Margin was 7.34% in Q2 2023, with the low at 27.42% in Q1 2026.
- Historically, Net Margin has averaged 2.79% across 5 years, with a median of 1.53% in 2023.
- Annual changes were most pronounced in 2023 — Net Margin surged 1847 bps — and 2026, when it plunged 2270 bps.
- Frontier Group Holdings' Net Margin stood at 4.42% in 2022, then slumped by 194 bps to 4.15% in 2023, then surged by 230 bps to 5.39% in 2024, then fell by 1 bps to 5.32% in 2025, then tumbled by 616 bps to 27.42% in 2026.
- The last three Net Margin figures came in at 27.42% (Q1 2026), 5.32% (Q4 2025), and 8.69% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | -19.61% |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | -1.82% |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 17.11% |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 3.13% |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 19.94% |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | -5.85% |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 10.04% |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | -13.90% |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -14.24% |
| 10 | Frontier Group Holdings | 1.65 Bn | 879.80 Mn | 724.00 Mn | -27.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -27.42% |
| Dec 31, 2025 | 5.32% |
| Sep 30, 2025 | -8.69% |
| Jun 30, 2025 | -7.53% |
| Mar 31, 2025 | -4.71% |
| Dec 31, 2024 | 5.39% |
| Sep 30, 2024 | 2.78% |
| Jun 30, 2024 | 3.19% |
| Mar 31, 2024 | -3.01% |
| Dec 31, 2023 | -4.15% |
| Sep 30, 2023 | -3.62% |
| Jun 30, 2023 | 7.34% |
| Mar 31, 2023 | -1.53% |
| Dec 31, 2022 | 4.42% |
| Sep 30, 2022 | 3.42% |
| Jun 30, 2022 | 1.43% |
| Mar 31, 2022 | -20.00% |
| Dec 31, 2021 | -8.70% |
| Sep 30, 2021 | 3.65% |
| Jun 30, 2021 | 3.45% |