Frontier Group Holdings (ULCC) Non Operating Interest Expenses (2020 - 2024)
Frontier Group Holdings (ULCC) posted Non Operating Interest Expenses of $9.0 million for Q1 2024, up 12.5% on a QoQ basis from $8.0 million in Q4 2023, and up 50.0% year-over-year from $6.0 million in Q2 2023.
Frontier Group Holdings (ULCC) Non Operating Interest Expenses (2020 - 2024) Analysis & Trends
Frontier Group Holdings' Non Operating Interest Expenses history runs 5 years deep, the most recent figure standing at $9.0 million for 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 was $9.0 million for Q1 2024 at Frontier Group Holdings, up from $8.0 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $22.0 million in Q1 2021 and bottomed at $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.
- Peak annual rise in Non Operating Interest Expenses reached 1000.0% in 2021, while the deepest fall reached 81.82% in 2021.
- Frontier Group Holdings' Non Operating Interest Expenses stood at $11.0 million in 2020, then plunged by 81.82% to $2.0 million in 2021, then surged by 150.0% to $5.0 million in 2022, then surged by 60.0% to $8.0 million in 2023, then gained by 12.5% to $9.0 million in 2024.
- Business Quant data shows ULCC's Non Operating Interest Expenses at $9.0 million in Q1 2024, $8.0 million in Q4 2023, and $8.0 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,820.50 Bn | 30,817.83 Bn | 1.28 Mn | - |
| 2 | Ryanair Holdings | 60.62 Bn | 57.43 Bn | - | - |
| 3 | Delta Air Lines | 56.47 Bn | 51.80 Bn | 19.07 Bn | - |
| 4 | Southwest Airlines | 22.19 Bn | 18.40 Bn | 7.33 Bn | - |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.95 Bn | 8.12 Bn | - | - |
| 6 | Copa Holdings | 5.72 Bn | 4.39 Bn | 713.71 Mn | -27.48 Mn |
| 7 | Alaska Air | 5.41 Bn | 3.64 Bn | 3.20 Bn | - |
| 8 | Skywest | 4.36 Bn | 3.75 Bn | 1.01 Bn | - |
| 9 | Jetblue Airways | 2.00 Bn | 1.59 Bn | 1.87 Bn | - |
| 10 | Frontier Group Holdings | 1.40 Bn | 625.26 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 |