Frontier Group Holdings (ULCC) Return on Capital Employed (2021 - 2026)

Frontier Group Holdings (ULCC) posted Return on Capital Employed of 7.91% for Q1 2026, down 157.84% on a QoQ basis from 3.07% in Q4 2025, and down 889.0% year-over-year from 1.0% in Q1 2025.

Frontier Group Holdings (ULCC) Return on Capital Employed (2021 - 2026) Analysis & Trends

Frontier Group Holdings' Return on Capital Employed history runs 6 years deep, the most recent figure standing at 7.91% for Q1 2026.

  • Quarterly Return on Capital Employed fell 889.0% year-over-year to 7.91% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.91% (down 889.0% YoY) and the FY2025 annual result came in at 3.25%, down 481.0% from the prior year.
  • Return on Capital Employed was 7.91% for Q1 2026 at Frontier Group Holdings, down from 3.07% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 5.09% in Q2 2023 and bottomed at 7.91% in Q1 2026.
  • A 5-year average of 1.61% and a median of 1.28% in 2025 frame the typical range for Return on Capital Employed.
  • Annual changes were most pronounced in 2023 — Return on Capital Employed soared 1225 bps — and 2026, when it plunged 889 bps.
  • Frontier Group Holdings' Return on Capital Employed stood at 1.6% in 2022, then surged by 94 bps to 0.09% in 2023, then soared by 1645 bps to 1.4% in 2024, then plunged by 319 bps to 3.07% in 2025, then sank by 158 bps to 7.91% in 2026.
  • Business Quant data shows ULCC's Return on Capital Employed at 7.91% in Q1 2026, 3.07% in Q4 2025, and 3.4% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Latam Airlines 30,820.50 Bn 30,817.83 Bn 1.28 Mn 6,481.60%
2 Ryanair Holdings 60.62 Bn 57.43 Bn - 18.34%
3 Delta Air Lines 56.47 Bn 51.80 Bn 19.07 Bn 10.65%
4 Southwest Airlines 22.19 Bn 18.40 Bn 7.33 Bn 6.32%
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.95 Bn 8.12 Bn - -6.79%
6 Copa Holdings 5.72 Bn 4.39 Bn 713.71 Mn 16.15%
7 Alaska Air 5.41 Bn 3.64 Bn 3.20 Bn 1.66%
8 Skywest 4.36 Bn 3.75 Bn 1.01 Bn 10.54%
9 Jetblue Airways 2.00 Bn 1.59 Bn 1.87 Bn -3.55%
10 Frontier Group Holdings 1.40 Bn 625.26 Mn - -7.91%

Historic Data

Download Data
DateValue
Mar 31, 2026 -7.91%
Dec 31, 2025 -3.07%
Sep 30, 2025 -3.40%
Jun 30, 2025 -1.28%
Mar 31, 2025 0.98%
Dec 31, 2024 1.40%
Sep 30, 2024 0.25%
Jun 30, 2024 -1.74%
Mar 31, 2024 -0.27%
Dec 31, 2023 -0.09%
Sep 30, 2023 1.44%
Jun 30, 2023 5.09%
Mar 31, 2023 2.86%
Dec 31, 2022 -1.60%
Sep 30, 2022 -6.30%
Jun 30, 2022 -7.16%
Mar 31, 2022 -6.50%
Dec 31, 2021 -4.01%
Sep 30, 2021 -7.09%
Jun 30, 2021 -13.07%