Frontier Group Holdings (ULCC) Total Debt (2020 - 2026)
Frontier Group Holdings (ULCC) posted Total Debt of $506 million for Q2 2026, down 9.6% from $560 million a year earlier and down 13.2% from the prior quarter.
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Analysis
Frontier Group Holdings (ULCC) Total Debt (2020 - 2026) Analysis & Trends
At the end of FY2025, Frontier Group Holdings' Total Debt came in at $614 million, up 22.3% from FY2024.
- Annual Total Debt has increased for five consecutive years, with a five-year compound annual growth rate of 12.0% (FY2020 to FY2025).
- In prior years, Frontier Group Holdings' Total Debt was $502 million in FY2024 (+6.8%), $470 million in FY2023 (+9.6%), $429 million in FY2022 (+3.6%) and $414 million in FY2021 (+19.0%).
- The Q2 2026 figure stands as the lowest quarterly Total Debt since Q4 2024.
- On a year-over-year basis, Total Debt increased in six of the last eight quarters, with growth averaging 13.3%.
- The strongest year-over-year quarter for Total Debt in the past five years was Q3 2025, with growth of 42.4%; the weakest was Q2 2026, with a decline of 9.6%.
- According to Business Quant data, Total Debt for the three prior quarters was $583 million (Q1 2026), $614 million (Q4 2025) and $668 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.80 Bn | 165.33 Bn | - | 30.33 Bn |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - | 18.86 Bn |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - | 24.48 Bn |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - | 17.70 Bn |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - | 16.62 Bn |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - | 25.71 Bn |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - | 13.95 Bn |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - | 20.00 Mn |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - | 26.46 Bn |
| 10 | Frontier Group Holdings | 1.13 Bn | -1.83 Bn | - | 506.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 506.00 Mn |
| Mar 31, 2026 | 583.00 Mn |
| Dec 31, 2025 | 614.00 Mn |
| Sep 30, 2025 | 668.00 Mn |
| Jun 30, 2025 | 560.00 Mn |
| Mar 31, 2025 | 507.00 Mn |
| Dec 31, 2024 | 502.00 Mn |
| Sep 30, 2024 | 469.00 Mn |
| Jun 30, 2024 | 452.00 Mn |
| Mar 31, 2024 | 466.00 Mn |
| Dec 31, 2023 | 470.00 Mn |
| Sep 30, 2023 | 486.00 Mn |
| Jun 30, 2023 | 430.00 Mn |
| Mar 31, 2023 | 427.00 Mn |
| Dec 31, 2022 | 429.00 Mn |
| Sep 30, 2022 | 421.00 Mn |
| Jun 30, 2022 | 373.00 Mn |
| Mar 31, 2022 | 352.00 Mn |
| Dec 31, 2021 | 414.00 Mn |
| Sep 30, 2021 | 365.00 Mn |
API Access
Frontier Group Holdings Total Debt 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=total-debt&ticker=ULCC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=ULCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();