Frontier Group Holdings (ULCC) Shares Outstanding (2020 - 2026)
Frontier Group Holdings (ULCC) posted Shares Outstanding of 229.98 million for Q2 2026, up 0.9% from 227.94 million a year earlier and up 0.2% from the prior quarter.
Frontier Group Holdings (ULCC) Shares Outstanding (2020 - 2026) Analysis & Trends
For FY2025, Frontier Group Holdings' Shares Outstanding came in at 227.77 million, up 1.5% from FY2024.
- Annual Shares Outstanding has increased for six consecutive years, with a five-year compound annual growth rate of 2.7% (FY2020 to FY2025).
- In prior years, Frontier Group Holdings' Shares Outstanding was 224.33 million in FY2024 (+1.9%), 220.1 million in FY2023 (+1.1%), 217.6 million in FY2022 (+2.9%) and 211.44 million in FY2021 (+6.1%).
- The Q2 2026 figure stands as the highest quarterly Shares Outstanding in data going back to Q1 2020.
- On a year-over-year basis, Shares Outstanding has increased in each of the last 22 quarters, with growth averaging 1.5% over the last eight quarters.
- The year-over-year growth in Shares Outstanding has ranged between 0.4% (Q1 2023) and 8.9% (Q1 2022) over the last five years.
- According to Business Quant data, Shares Outstanding for the three prior quarters was 229.42 million (Q1 2026), 227.77 million (Q4 2025) and 228.17 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.65 Bn | 165.18 Bn | - | 593.40 Mn |
| 2 | Csx | 89.70 Bn | 85.91 Bn | - | 1.86 Bn |
| 3 | United Parcel Service | 84.71 Bn | 61.60 Bn | - | 851.00 Mn |
| 4 | Canadian Pacific Kansas City | 78.00 Bn | 77.02 Bn | - | 886.40 Mn |
| 5 | Norfolk Southern | 73.24 Bn | 67.88 Bn | - | 224.60 Mn |
| 6 | Fedex | 70.67 Bn | 36.62 Bn | - | 237.00 Mn |
| 7 | Delta Air Lines | 50.97 Bn | 33.15 Bn | - | 655.00 Mn |
| 8 | Old Dominion Freight Line | 39.24 Bn | 38.51 Bn | - | 207.66 Mn |
| 9 | United Airlines Holdings | 32.98 Bn | -23.39 Bn | - | 324.60 Mn |
| 10 | Frontier Group Holdings | 1.16 Bn | -1.81 Bn | - | 229.98 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 229.98 Mn |
| Mar 31, 2026 | 229.42 Mn |
| Dec 31, 2025 | 227.77 Mn |
| Sep 30, 2025 | 228.17 Mn |
| Jun 30, 2025 | 227.94 Mn |
| Mar 31, 2025 | 226.99 Mn |
| Dec 31, 2024 | 224.33 Mn |
| Sep 30, 2024 | 224.48 Mn |
| Jun 30, 2024 | 224.21 Mn |
| Mar 31, 2024 | 223.43 Mn |
| Dec 31, 2023 | 220.10 Mn |
| Sep 30, 2023 | 220.84 Mn |
| Jun 30, 2023 | 219.40 Mn |
| Mar 31, 2023 | 218.18 Mn |
| Dec 31, 2022 | 217.60 Mn |
| Sep 30, 2022 | 217.72 Mn |
| Jun 30, 2022 | 217.60 Mn |
| Mar 31, 2022 | 217.26 Mn |
| Dec 31, 2021 | 211.44 Mn |
| Sep 30, 2021 | 215.45 Mn |
Frontier Group Holdings Shares Outstanding 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=shares-outstanding&ticker=ULCC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=ULCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();