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% YoY from 4.69% in Q2 2025, and up 74.34% on a QoQ basis from 27.42% in Q1 2026.
Frontier Group Holdings (ULCC) Net Margin (2020 - 2026) Analysis & Trends
Frontier Group Holdings (ULCC) has 7 years of Net Margin data on file, last reported at 7.04% in Q2 2026.
- Quarterly Net Margin rose 50.0% year-over-year to 7.04% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 9.29% (down 842.0% YoY) and the FY2025 annual result came in at 3.68%, down 593.0% from the prior year.
- Net Margin improved to 7.04% in Q2 2026, from 27.42% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 7.34% in Q2 2023 to a low of 27.42% in Q1 2026.
- A 5-year average of 3.02% and a median of 2.27% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin surged 1847 bps — and 2026, when it plunged 2270 bps.
- Tracing ULCC's Net Margin over 5 years: 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 plunged by 232 bps to 7.04% in 2026.
- The last three Net Margin figures came in at 7.04% (Q2 2026), 27.42% (Q1 2026), and 5.32% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | 8.12% |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | 14.23% |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | 2.76% |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 8.16% |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | -1.87% |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | 9.13% |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | -9.16% |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | -0.51% |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | -7.04% |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 Mn | 5.46% |
Historic Data
Download 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% |