Frontier Group Holdings, Inc. (ULCC) stock

ULCCNasdaqAir Transportation, ScheduledFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 28, 2026Score 2/30

$7.70−0.38 (-4.70%)

Close on Nov 12, 2026Market cap $1.77BP/E –Yield –

Frontier operating margin

Operating margin is operating income as a percentage of revenue.

Frontier's operating margin for the twelve months ending Sep 30, 2026 was -9.5%. For fiscal 2025 it was -4.0%, against 1.5% the year before. The highest annual figure on record is 12.3% in fiscal 2019.

Annual operating margin

Period	Period end	Value	Change (pts)
FY2025	Dec 31, 2025	-4.0%	−5.5
FY2024	Dec 31, 2024	1.5%	+1.6
FY2023	Dec 31, 2023	-0.1%	+1.3
FY2022	Dec 31, 2022	-1.4%	+4.3
FY2021	Dec 31, 2021	-5.7%	+23.5
FY2020	Dec 31, 2020	-29.2%	−41.5
FY2019	Dec 31, 2019	12.3%	–

Quarterly operating margin

Change is against the same quarter a year earlier.

Period	Period end	Value	Change (pts)
Q3 FY2026	Sep 30, 2026	-8.0%	+0.7
Q2 FY2026	Jun 30, 2026	-7.6%	+0.5
Q1 FY2026	Mar 31, 2026	-28.5%	−23.5
Q4 FY2025	Dec 31, 2025	4.9%	+0.4
Q3 FY2025	Sep 30, 2025	-8.7%	−10.7
Q2 FY2025	Jun 30, 2025	-8.1%	−10.6
Q1 FY2025	Mar 31, 2025	-5.0%	−1.5
Q4 FY2024	Dec 31, 2024	4.5%	+4.8
Q3 FY2024	Sep 30, 2024	2.0%	+8.1
Q2 FY2024	Jun 30, 2024	2.6%	−5.6
Q1 FY2024	Mar 31, 2024	-3.6%	−0.6
Q4 FY2023	Dec 31, 2023	-0.3%	−5.3
Q3 FY2023	Sep 30, 2023	-6.1%	−12.3
Q2 FY2023	Jun 30, 2023	8.2%	+7.4
Q1 FY2023	Mar 31, 2023	-2.9%	+22.3
Q4 FY2022	Dec 31, 2022	5.0%	+19.1
Q3 FY2022	Sep 30, 2022	6.2%	−0.6
Q2 FY2022	Jun 30, 2022	0.8%	−2.5
Q1 FY2022	Mar 31, 2022	-25.3%	+8.7
Q4 FY2021	Dec 31, 2021	-14.1%	+54.8
Q3 FY2021	Sep 30, 2021	6.8%	+39.9
Q2 FY2021	Jun 30, 2021	3.3%	+0.2
Q1 FY2021	Mar 31, 2021	-33.9%	−14.5
Q4 FY2020	Dec 31, 2020	-68.9%	–
Q3 FY2020	Sep 30, 2020	-33.1%	–
Q2 FY2020	Jun 30, 2020	3.1%	–
Q1 FY2020	Mar 31, 2020	-19.5%	–