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% on a YoY basis from $3.6 billion in Q2 2025, and up 2.89% quarter-over-quarter from $3.9 billion in Q1 2026.
Analysis
Frontier Group Holdings (ULCC) Operating Leases (2020 - 2026) Analysis & Trends
Frontier Group Holdings (ULCC) has reported Operating Leases for 7 consecutive years, with $4.0 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases rose 10.36% year-over-year to $4.0 billion; the trailing twelve-month figure through Jun 2026 stood at $4.0 billion (up 10.36% YoY), and the FY2025 full-year result was $4.1 billion, up 2.62% from the prior year.
- Operating Leases improved to $4.0 billion in Q2 2026 per ULCC's latest filing, from $3.9 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.
- Historically, Operating Leases has averaged $3.0 billion across 5 years, with a median of $3.0 billion in 2023.
- The sharpest annual moves came in 2022 and 2025: Operating Leases retreated 3.9% in 2022, then surged 40.27% in 2025.
- Over 5 years, Operating Leases stood at $2.5 billion in 2022, then increased by 19.61% to $3.0 billion in 2023, then jumped by 32.69% to $4.0 billion in 2024, then rose by 2.62% to $4.1 billion in 2025, then slipped by 2.11% to $4.0 billion in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $4.0 billion, $3.9 billion, and $4.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Delta Air Lines | 51.11 Bn | 46.44 Bn | 19.07 Bn |
| 2 | Ryanair Holdings | 27.98 Bn | 24.05 Bn | - |
| 3 | Southwest Airlines | 18.76 Bn | 14.97 Bn | 7.33 Bn |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn |
| 5 | Alaska Air | 4.45 Bn | 1.79 Bn | 3.76 Bn |
| 6 | Skywest | 3.74 Bn | 3.14 Bn | 1.01 Bn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.23 Bn | 1.19 Bn | - |
| 8 | Allegiant Travel | 1.73 Bn | 675.39 Mn | 902.77 Mn |
| 9 | Jetblue Airways | 1.67 Bn | -352.88 Mn | 2.32 Bn |
| 10 | Frontier Group Holdings | 1.27 Bn | 313.33 Mn | - |
Historic Data
Download Data
Historic 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 |