Frontier Group Holdings (ULCC) Net Margin (2020 - 2026)
Frontier Group Holdings' (ULCC) quarterly Net Margin came in at 7.04% in Q2 2026, up 50.0% on a YoY basis from 4.69% in Q2 2025, and up 74.34% quarter-over-quarter from 27.42% in Q1 2026.
Powered by 
Analysis
Frontier Group Holdings (ULCC) Net Margin (2020 - 2026) Analysis & Trends
Frontier Group Holdings (ULCC) has reported Net Margin for 7 consecutive years, with 7.04% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 50.0% year-over-year to 7.04%; the trailing twelve-month figure through Jun 2026 stood at 9.29% (down 842.0% YoY), and the FY2025 full-year result was 3.68%, down 593.0% from the prior year.
- Net Margin advanced to 7.04% in Q2 2026 per ULCC's latest filing, from 27.42% in the prior quarter.
- Across five years, Net Margin topped out at 7.34% in Q2 2023 and bottomed at 27.42% in Q1 2026.
- Historically, Net Margin has averaged 3.02% across 5 years, with a median of 2.27% in 2023.
- The sharpest annual moves came in 2023 and 2026: Net Margin soared 1847 bps in 2023, then sank 2270 bps in 2026.
- Over 5 years, Net Margin stood at 4.42% in 2022, then plunged by 194 bps to 4.15% in 2023, then jumped by 230 bps to 5.39% in 2024, then decreased by 1 bps to 5.32% in 2025, then slumped by 232 bps to 7.04% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 7.04%, 27.42%, and 5.32% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.66 Bn | 46.99 Bn | 19.07 Bn | 8.12% |
| 2 | Ryanair Holdings | 28.60 Bn | 24.67 Bn | - | 12.26% |
| 3 | Southwest Airlines | 18.92 Bn | 15.13 Bn | 7.33 Bn | 2.76% |
| 4 | Copa Holdings | 5.36 Bn | 4.10 Bn | 1.03 Bn | 8.16% |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | -1.87% |
| 6 | Skywest | 3.79 Bn | 3.19 Bn | 1.01 Bn | 9.13% |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.29 Bn | 1.25 Bn | - | -3.92% |
| 8 | Allegiant Travel | 1.75 Bn | 699.04 Mn | 902.77 Mn | -0.51% |
| 9 | Jetblue Airways | 1.64 Bn | -375.44 Mn | 2.32 Bn | -9.16% |
| 10 | Frontier Group Holdings | 1.30 Bn | 347.83 Mn | - | -7.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -7.04% |
| 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% |