Frontier Group Holdings Inc is an ultra-low-cost carrier whose business is focused on Low Fares Done Right. The company owns a fleet of 120 Airbus single-aisle aircraft, consisting of 13 A320ceos, 82 A320neos, 21 A321ceos, and 4 A321neos. The use of these aircraft, their seating configuration, weight-saving tactics, and baggage process have all contributed to the ability to continue to be the fuel-efficient of all the U.S. The Company is managed as a single business unit that provides air transportation for passengers. The majority of revenue is from Domestic flight follow by International.
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The chart shows the growth of an initial investment of $10,000 in Frontier Group Holdings, Inc. Common Stock, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Frontier Group Holdings, Inc. Common Stock (ULCC) has returned -24.21% so far this year and 12.50% over the past 12 months. Looking at the last ten years, ULCC has achieved an annualized return of -15.15%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of Frontier Group Holdings, Inc. Common Stock (ULCC) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.32% | -5.13% | -12.84% | -0.55% | ||||||||
| 2025 | 17.57% | -8.63% | -39.72% | -30.05% | 34.45% | -10.15% | 21.67% | 17.22% | -21.58% | -12.07% | 17.68% | 5.84% |
| 2024 | -8.97% | 40.20% | 16.36% | -26.52% | -9.14% | -10.69% | -19.43% | -8.10% | 50.28% | 14.29% | -5.97% | 23.01% |
| 2023 | 20.27% | -5.84% | -16.40% | -2.06% | -12.54% | 17.35% | -3.83% | -31.37% | -23.66% | -29.81% | 15.68% | 40.36% |
| 2022 | -4.73% | -2.42% | -12.17% | -7.26% | -14.27% | 56.54% | -9.82% | -23.62% | 33.91% | -1.51% | -21.24% | |
| 2021 | 13.06% | 0.61% | -21.73% | -13.85% | 3.37% | 3.00% | -4.05% | -15.24% | -1.67% |
The charts below present risk-adjusted performance metrics for Frontier Group Holdings, Inc. Common Stock (ULCC) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of ULCC compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current Frontier Group Holdings, Inc. Common Stock volatility is 4.32%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 7.22B | 6.15B | 4.99B | 4.50B | 4.24B |
| Equity Attributable To Parent (USD) | 491.00M | 604.00M | 507.00M | 509.00M | 530.00M |
| Equity Attributable To Noncontrolling Interest (USD) | - | - | - | - | - |
| Equity (USD) | 491.00M | 604.00M | 507.00M | 509.00M | 530.00M |
| Other Non-current Liabilities (USD) | 4.01B | 3.19B | 2.35B | 2.00B | 1.96B |
| Long-term Debt (USD) | 620.00M | 507.00M | 474.00M | 431.00M | 423.00M |
| Noncurrent Liabilities (USD) | 4.63B | 3.70B | 2.83B | 2.44B | 2.38B |
| Other Current Liabilities (USD) | 1.83B | 1.62B | 1.42B | 1.36B | 1.15B |
| Wages (USD) | 143.00M | 120.00M | 107.00M | 104.00M | 89.00M |
| Accounts Payable (USD) | 130.00M | 115.00M | 134.00M | 89.00M | 86.00M |
| Current Liabilities (USD) | 2.10B | 1.85B | 1.66B | 1.56B | 1.33B |
| Liabilities (USD) | 6.73B | 5.55B | 4.49B | 3.99B | 3.71B |
| Other Non-current Assets (USD) | 5.73B | 4.76B | 3.79B | 3.23B | 2.98B |
| Intangible Assets (USD) | 27.00M | 27.00M | 28.00M | 28.00M | 29.00M |
| Fixed Assets (USD) | 510.00M | 376.00M | 309.00M | 226.00M | 186.00M |
| Noncurrent Assets (USD) | 6.26B | 5.16B | 4.12B | 3.48B | 3.20B |
| Other Current Assets (USD) | 932.00M | 972.00M | 850.00M | 1.00B | 1.02B |
| Prepaid Expenses (USD) | 26.00M | 18.00M | 21.00M | 20.00M | 14.00M |
| Current Assets (USD) | 958.00M | 990.00M | 871.00M | 1.02B | 1.04B |
| Assets (USD) | 7.22B | 6.15B | 4.99B | 4.50B | 4.24B |
Ancient Art, L.P. sold 700,000 shares of Frontier Group Holdings (ULCC) valued at $3.1 million in Q4 2025, reducing its position but maintaining a 3.82% stake in the airline. The sale represents portfolio management rather than a sentiment shift. Frontier stock has declined 42.3% over the past year and faces challenges with inconsistent profitability, though the company is attempting a turnaround strategy by targeting higher-spending travelers.
Bank of America Securities upgraded Allegiant Travel to Neutral and raised Alaska Air Group's price target to $70, citing positive 2026 airline outlook driven by limited capacity growth and strong premium demand. However, the firm downgraded Frontier Group to Underperform due to higher expenses and maintained an Underperform rating on JetBlue. Delta and United are expected to lead in free cash flow generation.
U.S. Transportation Secretary Sean Duffy announced the lifting of Caribbean airspace restrictions at 12:00 AM ET on Saturday, allowing flights to resume normal operations following U.S. military action in Venezuela that resulted in the capture of President Nicolas Maduro. The FAA had imposed temporary restrictions that caused hundreds of flight cancellations to Puerto Rico and other Caribbean destinations, affecting major U.S. airlines during the New Year holiday period.
Frontier Group Holdings is in merger discussions with Spirit Aviation Holdings, following Spirit's bankruptcy and failed previous merger attempt with JetBlue. The potential merger comes amid a leadership change at Frontier, with a new interim CEO appointed.
Frontier Group Holdings, an ultra-low-cost carrier, faces mixed analyst ratings with challenges in revenue growth and financial performance. Analysts provide a 12-month price target averaging $4.88, indicating cautious optimism about the company's future.
Frontier Group Holdings received a buy upgrade from Deutsche Bank following Spirit Airlines' bankruptcy, with potential opportunities arising from the competitor's market challenges and network overlap.
Airlines are facing a sell-off due to concerns over the impact of tariffs and a potential recession, which could lead to a decline in travel demand. The industry is in a healthier position than in previous downturns, but the outlook remains uncertain.
Frontier Group Holdings has proposed a merger with Spirit Airlines, arguing it offers better financial recovery than Spirit's standalone restructuring plan. Frontier warns Spirit's bankruptcy plan would leave it highly leveraged and unprofitable, stressing the urgency of a deal.
Spirit Airlines is in a precarious financial position, with the risk of bankruptcy looming. Even if the company manages to avoid bankruptcy, the best-case scenario is unlikely to result in a significant payday for investors. The company is taking aggressive steps to cut costs and extend its runway, but its business model and reputation challenges make it a high-risk investment.
Spirit Airlines is in a precarious financial position after its merger with JetBlue fell through. The company is cutting staff and selling aircraft to raise cash, indicating it is struggling to stave off bankruptcy. Investors should be cautious as Spirit's future remains uncertain.