Frontier Group Holdings (ULCC) Retained Earnings (2020 - 2026)
Frontier Group Holdings (ULCC) posted Retained Earnings of -$303 million for Q2 2026, compared with $83 million a year earlier.
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Analysis
Frontier Group Holdings (ULCC) Retained Earnings (2020 - 2026) Analysis & Trends
At the end of FY2025, Frontier Group Holdings' Retained Earnings came in at $59 million, down 69.9% from FY2024.
- Annual Retained Earnings shows a five-year compound annual growth rate of -25.7% (FY2020 to FY2025).
- In prior years, Frontier Group Holdings' Retained Earnings was $196 million in FY2024 (+76.6%), $111 million in FY2023 (-9.0%), $122 million in FY2022 (-23.3%) and $159 million in FY2021 (-39.1%).
- The Q2 2026 figure stands as the lowest quarterly Retained Earnings in data going back to Q4 2020.
- On a year-over-year basis, Retained Earnings increased in two of the last six quarters, with an average decline of 6.9%.
- The strongest year-over-year quarter for Retained Earnings in the past five years was Q2 2023, with growth of 252.9%; the weakest was Q3 2025, with a decline of 95.8%.
- According to Business Quant data, Retained Earnings for the three prior quarters was -$213 million (Q1 2026), $59 million (Q4 2025) and $6 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 171.32 Bn | 165.84 Bn | - | 71.58 Bn |
| 2 | Csx | 89.15 Bn | 85.36 Bn | - | 11.35 Bn |
| 3 | United Parcel Service | 84.25 Bn | 61.14 Bn | - | 18.83 Bn |
| 4 | Canadian Pacific Kansas City | 77.76 Bn | 76.78 Bn | - | 13.88 Bn |
| 5 | Norfolk Southern | 73.35 Bn | 67.99 Bn | - | 13.91 Bn |
| 6 | Fedex | 71.12 Bn | 37.07 Bn | - | 44.46 Bn |
| 7 | Delta Air Lines | 50.25 Bn | 32.44 Bn | - | 14.88 Bn |
| 8 | Old Dominion Freight Line | 39.13 Bn | 38.39 Bn | - | 4.29 Bn |
| 9 | United Airlines Holdings | 31.57 Bn | -24.80 Bn | - | 11.54 Bn |
| 10 | Frontier Group Holdings | 1.13 Bn | -1.83 Bn | - | -303.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -303.00 Mn |
| Mar 31, 2026 | -213.00 Mn |
| Dec 31, 2025 | 59.00 Mn |
| Sep 30, 2025 | 6.00 Mn |
| Jun 30, 2025 | 83.00 Mn |
| Mar 31, 2025 | 153.00 Mn |
| Dec 31, 2024 | 196.00 Mn |
| Sep 30, 2024 | 142.00 Mn |
| Jun 30, 2024 | 116.00 Mn |
| Mar 31, 2024 | 85.00 Mn |
| Dec 31, 2023 | 111.00 Mn |
| Sep 30, 2023 | 148.00 Mn |
| Jun 30, 2023 | 180.00 Mn |
| Mar 31, 2023 | 109.00 Mn |
| Dec 31, 2022 | 122.00 Mn |
| Sep 30, 2022 | 82.00 Mn |
| Jun 30, 2022 | 51.00 Mn |
| Mar 31, 2022 | 38.00 Mn |
| Dec 31, 2021 | 159.00 Mn |
| Sep 30, 2021 | 212.00 Mn |
API Access
Frontier Group Holdings Retained Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=retained-earnings&ticker=ULCC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "ticker": "ULCC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=retained-earnings&ticker=ULCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();