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 statistics

87 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Feb 10, 2027 (estimated, before the open)
Last ex-dividend date: No dividends
Fundamentals through: Sep 30, 2026
Share price as of: Nov 12, 2026

Valuation ratiosIndustry

Market Cap: $1.77B; $2.49B
Enterprise Value: $1.28B; $4.83B
PS Ratio: 0.38; 0.55
PB Ratio: 47.95; 1.69
P/TBV Ratio: 177.42; 2.71
P/FCF Ratio: 887.11; 14.62
P/OCF Ratio: 30.07; 7.09

Enterprise valuationIndustry

EV / Sales: 0.28; 0.88
EV / FCF: 640.11; 16.21

Share statisticsIndustry

Shares Outstanding: 230M; 100M
Shares Change (YoY): 0.82%; 0.54%
Shares Change (QoQ): 0.06%; 0.10%
Float: 98M; 90M
Shares Held by Insiders: 57.3%; 8.86%
Shares Held by Institutions: 59.0%; 78.2%

Short sellingIndustry

Short Interest: 23M; –
Short Interest Change: -7.32%; -3.33%
Short % of Float: 23.4%; 6.60%
Short % of Shares Outstanding: 9.97%; 4.05%
Days to Cover: 6.15; 3.43

Stock price statisticsIndustry

52-Week High: $8.53; –
52-Week Low: $3.02; –
20-Day Moving Average: $6.34; –
50-Day Moving Average: $6.03; –
200-Day Moving Average: $5.53; –
Average True Range (14): $0.57; –
Price Change (1 Week): 8.15%; 1.72%
Price Change (1 Month): 57.8%; 6.66%
Price Change (3 Months): 15.1%; -9.77%
Price Change (6 Months): 58.8%; 1.66%
Price Change (YTD): 63.5%; -12.2%
Price Change (1 Year): 103.2%; 4.03%
Price Change (3 Years): 121.3%; 50.7%
Price Change (5 Years): -52.8%; -18.2%
Average Volume (10 Days): 5M; –
Average Volume (20 Days): 4M; –
Average Volume (90 Days): 3M; –
Relative Volume: 1.03; 0.81
Relative Strength Index (14): 62.3; 53.5
Volatility (1 Year): 80.9%; 54.5%
Beta (5 Years): 1.87; 1.08

MarginsIndustry

Operating Margin: -9.50%; 2.99%
Pretax Margin: -9.24%; 4.29%
Profit Margin: -8.93%; 1.65%
EBITDA Margin: -5.10%; 7.31%
FCF Margin: 0.04%; -0.47%

Returns on capitalIndustry

Return on Equity (ROE): -175.4%; 13.9%
Return on Assets (ROA): -6.01%; 0.44%
Return on Invested Capital (ROIC): -878.0%; 8.41%
Return on Capital Employed (ROCE): -9.03%; 3.67%

Financial positionIndustry

Current Ratio: 0.62; 0.64
Quick Ratio: 0.53; 0.46
Debt / Equity: 13.03; 0.82
Debt / FCF: 241.00; 13.24
Interest Coverage: -9.54; 0.75

GrowthIndustry

Revenue Growth (YoY): 24.0%; 9.87%
Revenue Growth (3Y CAGR): 3.84%; 6.24%
Revenue Growth (5Y CAGR): 24.4%; 25.4%

EfficiencyIndustry

Asset Turnover: 0.67; 0.77
Revenue Per Employee: $596.52K; $433.37K
Profits Per Employee: -$53.29K; $4.65K
Employee Count: 7,750; 7,025
WACC: 12.8%; 8.46%

Income statement (TTM)Industry

Revenue: $4.62B; $3.46B
Operating Income: -$439.00M; $83.52M
Pretax Income: -$427.00M; $71.79M
Net Income: -$413.00M; $2.46M
EBITDA: -$236.00M; $351.60M
EPS (Diluted): -$1.79; $0.00

Balance sheetIndustry

Cash & Short-Term Investments: $976.00M; $388.00M
Total Debt: $482.00M; $2.36B
Net Cash (Debt): $494.00M; -$655.91M
Net Cash Per Share: $2.14; -$4.62
Equity (Book Value): $37.00M; $52.59M
Book Value Per Share: $0.16; $5.97
Tangible Book Value: $10.00M; $31.89M
Working Capital: -$817.00M; -$97.06M

Cash flow (TTM)Industry

Operating Cash Flow: $59.00M; $167.00M
Capital Expenditures: -$57.00M; -$107.82M
Free Cash Flow: $2.00M; -$607.30K
FCF Per Share: $0.01; -$0.07

Dividends and yieldsIndustry

Earnings Yield: -23.3%; 3.34%
FCF Yield: 0.11%; -1.02%

Taxes and interestIndustry

Interest Expense: $46.00M; $57.00M
Income Tax: -$14.00M; $15.79M

Scores and fair valueIndustry

Altman Z-Score: 0.38; 1.09
Piotroski F-Score: 0; 5

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

Period	ULCC	S&P 500	Difference	ULCC per year	S&P 500 per year
1 month	+35.6%	-2.7%	+38.3 pts
3 months	+14.9%	-1.7%	+16.7 pts
Year to date	+63.5%	+11.9%	+51.6 pts
1 year	+89.7%	+12.0%	+77.7 pts
3 years	+112.1%	+78.2%	+33.9 pts	+28.5%	+21.2%
5 years	-52.8%	+73.2%	−126.0 pts	-13.9%	+11.6%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

23M ULCC shares were sold short on Oct 30, 2026, down 7.3% from the previous report, or 23.37% of the shares available to trade. At recent volumes it would take 6.2 days to buy them back. Over the last 20 sessions, 43.3% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	22,972,303	-7.3%	3,734,539	6.2
Oct 15, 2026	24,785,496	+5.3%	2,848,996	8.7
Sep 30, 2026	23,527,155	-3.0%	2,504,390	9.4
Sep 15, 2026	24,258,108	-1.9%	2,442,303	9.9
Aug 31, 2026	24,740,394	+6.6%	2,387,621	10.4
Aug 14, 2026	23,208,255	-1.2%	3,166,126	7.3
Jul 31, 2026	23,495,196	-1.1%	4,209,703	5.6
Jul 15, 2026	23,746,229	+0.4%	3,974,705	6.0
Jun 30, 2026	23,658,419	-0.9%	4,184,930	5.7
Jun 15, 2026	23,864,267	+2.3%	4,514,618	5.3
May 29, 2026	23,317,162	+0.3%	4,843,252	4.8
May 15, 2026	23,241,197	+1.6%	7,646,586	3.0