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
DateValue
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%