Frontier Group Holdings (ULCC) Net Margin (2020 - 2026)
Frontier Group Holdings (ULCC) reported Net Margin of -7.04% for Q2 2026, up 0.50 percentage points from -7.53% a year earlier and up 20.38 percentage points from the prior quarter.
Frontier Group Holdings (ULCC) Net Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Frontier Group Holdings' Net Margin came in at -9.29%, down 8.42 percentage points year-over-year; for FY2025, it was -3.68%, down 5.93 percentage points from FY2024.
- Net Margin has a five-year change of +14.32 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 2.25% in FY2024 (+2.56 pp), -0.31% in FY2023 (+0.81 pp), -1.11% in FY2022 (+3.84 pp) and -4.95% in FY2021 (+13.05 pp).
- Five-year quarterly Net Margin spans a low of -27.42% in Q1 2026 and a high of 7.34% in Q2 2023.
- Year over year, Net Margin gained in three of the last eight quarters, with an average year-over-year change of -3.78 percentage points.
- The high point for year-over-year Net Margin in five years was Q4 2021 (a gain of 38.86 percentage points); the low point was Q1 2026 (a drop of 22.70 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -27.42% (Q1 2026), 5.32% (Q4 2025) and -8.69% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.71 Bn | 165.24 Bn | - | 29.04% |
| 2 | Csx | 89.33 Bn | 85.54 Bn | - | 25.46% |
| 3 | United Parcel Service | 84.12 Bn | 61.02 Bn | - | 2.65% |
| 4 | Canadian Pacific Kansas City | 77.22 Bn | 76.24 Bn | - | 24.59% |
| 5 | Norfolk Southern | 73.17 Bn | 67.82 Bn | - | 21.18% |
| 6 | Fedex | 71.16 Bn | 37.11 Bn | - | 6.39% |
| 7 | Delta Air Lines | 50.16 Bn | 32.35 Bn | - | 3.75% |
| 8 | Old Dominion Freight Line | 39.26 Bn | 38.52 Bn | - | 22.56% |
| 9 | United Airlines Holdings | 31.89 Bn | -24.48 Bn | - | 4.56% |
| 10 | Frontier Group Holdings | 1.13 Bn | -1.83 Bn | - | -7.04% |
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% |
Frontier Group Holdings Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=ULCC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "ULCC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=ULCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();