Frontier Group Holdings (ULCC) Operating Leases (2020 - 2026)
Frontier Group Holdings (ULCC) reported Operating Leases of $3.9 billion for Q1 2026, up 7.62% on a YoY basis from $3.6 billion in Q1 2025, and down 4.86% quarter-over-quarter from $4.1 billion in Q4 2025.
Frontier Group Holdings (ULCC) Operating Leases (2020 - 2026) Analysis & Trends
Frontier Group Holdings has reported Operating Leases for 7 years, with the latest figure at $3.9 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases rose 7.62% year-over-year to $3.9 billion; the trailing twelve-month figure through Mar 2026 stood at $3.9 billion (up 7.62% YoY), and the FY2025 full-year result was $4.1 billion, up 23.26% from the prior year.
- Operating Leases for Q1 2026 stood at $3.9 billion, down from $4.1 billion in the prior quarter.
- The five-year high for Operating Leases was $4.1 billion in Q4 2025, with the low at $2.0 billion in Q1 2022.
- Historically, Operating Leases has averaged $2.8 billion across 5 years, with a median of $3.0 billion in 2023.
- Annual changes were most pronounced in 2022 — Operating Leases fell 3.9% — and 2023, when it jumped 46.95%.
- Frontier Group Holdings' Operating Leases stood at $2.0 billion in 2022, then jumped by 46.95% to $3.0 billion in 2023, then advanced by 10.47% to $3.3 billion in 2024, then advanced by 23.26% to $4.1 billion in 2025, then retreated by 4.86% to $3.9 billion in 2026.
- The last three Operating Leases figures came in at $3.9 billion (Q1 2026), $4.1 billion (Q4 2025), and $3.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn |
| 10 | Frontier Group Holdings | 1.65 Bn | 879.80 Mn | 724.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.87 Bn |
| Dec 31, 2025 | 4.07 Bn |
| Sep 30, 2025 | 3.65 Bn |
| Jun 30, 2025 | 3.61 Bn |
| Mar 31, 2025 | 3.60 Bn |
| Dec 31, 2024 | 3.30 Bn |
| Sep 30, 2024 | 3.13 Bn |
| Jun 30, 2024 | 3.02 Bn |
| Mar 31, 2024 | 2.57 Bn |
| Dec 31, 2023 | 2.99 Bn |
| Sep 30, 2023 | 2.32 Bn |
| Jun 30, 2023 | 2.16 Bn |
| Mar 31, 2023 | 2.15 Bn |
| Dec 31, 2022 | 2.03 Bn |
| Sep 30, 2022 | 1.97 Bn |
| Jun 30, 2022 | 1.96 Bn |
| Mar 31, 2022 | 1.96 Bn |
| Dec 31, 2021 | 1.99 Bn |
| Sep 30, 2021 | 2.05 Bn |
| Jun 30, 2021 | 1.97 Bn |