Frontier Group Holdings (ULCC) Operating Leases (2020 - 2026)
Frontier Group Holdings' (ULCC) quarterly Operating Leases came in at $4.0 billion in Q2 2026, up 10.36% YoY from $3.6 billion in Q2 2025, and up 2.89% on a QoQ basis from $3.9 billion in Q1 2026.
Frontier Group Holdings (ULCC) Operating Leases (2020 - 2026) Analysis & Trends
Frontier Group Holdings (ULCC) has 7 years of Operating Leases data on file, last reported at $4.0 billion in Q2 2026.
- Quarterly Operating Leases rose 10.36% year-over-year to $4.0 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $4.0 billion (up 10.36% YoY) and the FY2025 annual result came in at $4.1 billion, up 2.62% from the prior year.
- Operating Leases grew to $4.0 billion in Q2 2026, from $3.9 billion in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $4.1 billion in Q4 2025 to a low of $2.0 billion in Q1 2022.
- A 5-year average of $3.0 billion and a median of $3.0 billion in 2023 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2022 — Operating Leases fell 3.9% — and 2025, when it jumped 40.27%.
- Tracing ULCC's Operating Leases over 5 years: stood at $2.5 billion in 2022, then climbed by 19.61% to $3.0 billion in 2023, then surged by 32.69% to $4.0 billion in 2024, then grew by 2.62% to $4.1 billion in 2025, then retreated by 2.11% to $4.0 billion in 2026.
- The last three Operating Leases figures came in at $4.0 billion (Q2 2026), $3.9 billion (Q1 2026), and $4.1 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.98 Bn |
| 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 | 3.97 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 | 2.50 Bn |
| Sep 30, 2022 | 1.97 Bn |
| Jun 30, 2022 | 1.96 Bn |
| Mar 31, 2022 | 1.96 Bn |
| Dec 31, 2021 | 2.44 Bn |
| Sep 30, 2021 | 2.05 Bn |