Frontier Group Holdings (ULCC) Operating Leases (2020 - 2026)
Frontier Group Holdings posted quarterly Operating Leases of $3.9 billion for Q1 2026, up 7.62% year-on-year from $3.6 billion in Q1 2025, and down 4.86% on a QoQ basis from $4.1 billion in Q4 2025.
Frontier Group Holdings (ULCC) has 7 years of Operating Leases data on file, last reported 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.
- Across five years, Operating Leases topped out at $4.1 billion in Q4 2025 and bottomed at $2.0 billion in Q1 2022.
- The 5-year median for Operating Leases is $3.0 billion (2023), against an average of $2.8 billion.
- The widest annual swing landed in 2022, when Operating Leases fell 3.9%; it then jumped 46.95% in 2023.
- A 5-year view of Operating Leases shows it stood at $2.0 billion in 2022, then surged by 46.95% to $3.0 billion in 2023, then climbed by 10.47% to $3.3 billion in 2024, then climbed by 23.26% to $4.1 billion in 2025, then decreased 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 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 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 |
| Mar 31, 2021 | 1.88 Bn |
| Dec 31, 2020 | 2.26 Bn |