Frontier Group Holdings (ULCC) Tax Rate (2021 - 2024)
Frontier Group Holdings (ULCC) reported Tax Rate of 4.26% for Q2 2026, up 1.05 percentage points from the prior quarter.
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Analysis
Frontier Group Holdings (ULCC) Tax Rate (2021 - 2024) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Frontier Group Holdings' Tax Rate came in at 3.26%, up 6.38 percentage points year-over-year; for FY2025, it came in at -2.24%, down 3.40 percentage points from FY2024.
- Tax Rate has a five-year change of -41.75 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 1.16% in FY2024 (-133.21 pp), 134.38% in FY2023 (+116.60 pp), 17.78% in FY2022 (-11.39 pp) and 29.17% in FY2021 (-10.35 pp).
- The Q2 2026 figure ranks as the highest quarterly Tax Rate since Q4 2023.
- Year over year, Tax Rate gained in three of the last six quarters, with an average year-over-year change of -122.88 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2023 (a gain of 696.67 percentage points); the low point was Q4 2024 (a drop of 722.55 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 3.20% (Q1 2026), -1.92% (Q4 2025) and -1.32% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 171.86 Bn | 166.38 Bn | - | 22.00% |
| 2 | Csx | 89.61 Bn | 85.81 Bn | - | 24.09% |
| 3 | United Parcel Service | 84.21 Bn | 61.11 Bn | - | 20.63% |
| 4 | Canadian Pacific Kansas City | 77.91 Bn | 76.93 Bn | - | 24.65% |
| 5 | Norfolk Southern | 73.58 Bn | 68.22 Bn | - | 23.46% |
| 6 | Fedex | 71.06 Bn | 37.00 Bn | - | 24.21% |
| 7 | Delta Air Lines | 51.19 Bn | 33.38 Bn | - | 29.61% |
| 8 | Old Dominion Freight Line | 39.28 Bn | 38.54 Bn | - | 25.00% |
| 9 | United Airlines Holdings | 32.90 Bn | -23.47 Bn | - | 21.54% |
| 10 | Frontier Group Holdings | 1.17 Bn | -1.79 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 3.70% |
| Jun 30, 2024 | 3.13% |
| Dec 31, 2023 | 716.67% |
| Jun 30, 2023 | 19.32% |
| Dec 31, 2022 | 20.00% |
| Sep 30, 2022 | 46.55% |
| Sep 30, 2021 | 43.90% |
API Access
Frontier Group Holdings Tax Rate 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=tax-rate&ticker=ULCC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=ULCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();