Frontier Group Holdings (ULCC) Operating Leases (2020 - 2026)
Frontier Group Holdings (ULCC) posted Operating Leases of $3.9 billion for Q1 2026, down 4.86% on a QoQ basis from $4.1 billion in Q4 2025, and up 7.62% year-over-year from $3.6 billion in Q1 2025.
Frontier Group Holdings (ULCC) Operating Leases (2020 - 2026) Analysis & Trends
Frontier Group Holdings' Operating Leases history runs 7 years deep, the most recent figure standing at $3.9 billion for Q1 2026.
- Quarterly Operating Leases rose 7.62% year-over-year to $3.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.9 billion (up 7.62% YoY) and the FY2025 annual result came in at $4.1 billion, up 2.62% from the prior year.
- Operating Leases was $3.9 billion for Q1 2026 at Frontier Group Holdings, 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.
- A 5-year average of $2.9 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 slipped 3.9% — and 2025, when it jumped 40.27%.
- Frontier Group Holdings' 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 4.86% to $3.9 billion in 2026.
- Business Quant data shows ULCC's Operating Leases at $3.9 billion in Q1 2026, $4.1 billion in Q4 2025, and $3.6 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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, 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 |
| Jun 30, 2021 | 1.97 Bn |