Frontier Group Holdings (ULCC) Net Margin (2020 - 2026)
Frontier Group Holdings (ULCC) posted Net Margin of 27.42% for Q1 2026, down 615.79% on a QoQ basis from 5.32% in Q4 2025, and down 2270.0% year-over-year from 1.26% in Q1 2025.
Frontier Group Holdings (ULCC) Net Margin (2020 - 2026) Analysis & Trends
Frontier Group Holdings' Net Margin history runs 7 years deep, the most recent figure standing at 27.42% for Q1 2026.
- Quarterly Net Margin fell 2270.0% year-over-year to 27.42% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 9.62% (down 1140.0% YoY) and the FY2025 annual result came in at 3.68%, down 593.0% from the prior year.
- Net Margin was 27.42% for Q1 2026 at Frontier Group Holdings, down from 5.32% 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.
- A 5-year average of 2.79% and a median of 1.53% 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 tumbled 2270 bps.
- Frontier Group Holdings' 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 sank by 616 bps to 27.42% in 2026.
- Business Quant data shows ULCC's Net Margin at 27.42% in Q1 2026, 5.32% in Q4 2025, and 8.69% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,820.50 Bn | 30,817.83 Bn | 1.28 Mn | 0.01% |
| 2 | Ryanair Holdings | 60.62 Bn | 57.43 Bn | - | - |
| 3 | Delta Air Lines | 56.47 Bn | 51.80 Bn | 19.07 Bn | 8.12% |
| 4 | Southwest Airlines | 22.19 Bn | 18.40 Bn | 7.33 Bn | 2.76% |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.95 Bn | 8.12 Bn | - | -14.78% |
| 6 | Copa Holdings | 5.72 Bn | 4.39 Bn | 713.71 Mn | 21.94% |
| 7 | Alaska Air | 5.41 Bn | 3.64 Bn | 3.20 Bn | -5.85% |
| 8 | Skywest | 4.36 Bn | 3.75 Bn | 1.01 Bn | 9.13% |
| 9 | Jetblue Airways | 2.00 Bn | 1.59 Bn | 1.87 Bn | -14.24% |
| 10 | Frontier Group Holdings | 1.40 Bn | 625.26 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% |