Frontier Group Holdings (ULCC) Non Operating Interest Expenses (2020 - 2024)
Frontier Group Holdings' (ULCC) quarterly Non Operating Interest Expenses came in at $9.0 million in Q1 2024, up 50.0% YoY from $6.0 million in Q2 2023, and up 12.5% on a QoQ basis from $8.0 million in Q4 2023.
Frontier Group Holdings (ULCC) Non Operating Interest Expenses (2020 - 2024) Analysis & Trends
Frontier Group Holdings (ULCC) has 5 years of Non Operating Interest Expenses data on file, last reported at $9.0 million in Q1 2024.
- Quarterly Non Operating Interest Expenses rose 50.0% year-over-year to $9.0 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $32.0 million (up 77.78% YoY) and the FY2023 annual result came in at $29.0 million, up 38.1% from the prior year.
- Non Operating Interest Expenses grew to $9.0 million in Q1 2024, from $8.0 million in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $22.0 million in Q1 2021 to a low of $2.0 million in Q1 2020.
- A 5-year average of $6.5 million and a median of $5.0 million in 2021 frame the typical range for Non Operating Interest Expenses.
- The widest YoY moves for Non Operating Interest Expenses: up 1000.0% in 2021, down 81.82% in 2021.
- Tracing ULCC's Non Operating Interest Expenses over 5 years: stood at $11.0 million in 2020, then slumped by 81.82% to $2.0 million in 2021, then soared by 150.0% to $5.0 million in 2022, then soared by 60.0% to $8.0 million in 2023, then increased by 12.5% to $9.0 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $9.0 million (Q1 2024), $8.0 million (Q4 2023), and $8.0 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.89 Bn | 49.22 Bn | 19.07 Bn | - |
| 2 | Ryanair Holdings | 29.45 Bn | 26.24 Bn | - | - |
| 3 | Southwest Airlines | 19.73 Bn | 15.94 Bn | 7.33 Bn | 64.00 Mn |
| 4 | Copa Holdings | 5.35 Bn | 4.09 Bn | 1.03 Bn | -28.18 Mn |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | 86.00 Mn |
| 6 | Skywest | 3.99 Bn | 3.38 Bn | 1.01 Bn | 24.93 Mn |
| 7 | Allegiant Travel | 1.86 Bn | 807.93 Mn | 902.77 Mn | 40.07 Mn |
| 8 | Jetblue Airways | 1.83 Bn | -189.37 Mn | 2.32 Bn | 147.00 Mn |
| 9 | Frontier Group Holdings | 1.36 Bn | 408.77 Mn | - | 10.00 Mn |
| 10 | Republic Airways Holdings | 853.83 Mn | 576.23 Mn | 487.40 Mn | 16.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 9.00 Mn |
| Dec 31, 2023 | 8.00 Mn |
| Sep 30, 2023 | 8.00 Mn |
| Jun 30, 2023 | 7.00 Mn |
| Mar 31, 2023 | 6.00 Mn |
| Dec 31, 2022 | 5.00 Mn |
| Sep 30, 2022 | 4.00 Mn |
| Jun 30, 2022 | 3.00 Mn |
| Mar 31, 2022 | 9.00 Mn |
| Dec 31, 2021 | 2.00 Mn |
| Sep 30, 2021 | 4.00 Mn |
| Jun 30, 2021 | 5.00 Mn |
| Mar 31, 2021 | 22.00 Mn |
| Dec 31, 2020 | 11.00 Mn |
| Sep 30, 2020 | 2.00 Mn |
| Jun 30, 2020 | 3.00 Mn |
| Mar 31, 2020 | 2.00 Mn |