ULCC

Frontier Group Holdings, Inc. Industrials Air Transportation, Scheduled Russell 3000
$6.45Close $1.5BMarket cap $3.10 – $8.0652-week range Late-januaryNext report · estimated

Highlights

Strengths

  • In a stage-2 uptrend all 8 trend conditions pass
  • Leading the market RS 83 · stronger than 83% of stocks over 12 months

Cautions

  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Oct 28, 2026
Off 12-month high 20%
1wk up 30.6% price change
1mo up 8.0% price change
12-month return up 75% market up 11% · its own up 58%
F-score — — Not assessed
Altman Z″ -1.08 Elevated risk
P/E — price / earnings
PEG — P/E / EPS growth
P/B 3.0× price / book
Earnings yield down 13.3% EBIT / enterprise value
Cheaper than 21% of the market · expensive
Revenue growth down 1% year on year
EPS growth — latest quarter
Sales growth up 53% latest quarter · +15 pts
ROE down 25% return on equity
Free cash margin down 16% -$600.0M FCF
D/E 0.64 long-term debt / equity
Net debt / EBITDA —
Interest cover —EBIT / interest

Trade setup

ATR% 6.2% $0.40 a day · 2×ATR $5.65
RS 83 / 99 vs the universe
Trend 8 / 8 trend template
Relative volume 1.3× vs 50-day average
Up/down volume 1.05 50 sessions
Implied move — no scheduled report
Trend template · 8 of 8

Screen verdict

Did not qualify for any screen.

Warning signs

2 flagged
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
  • Revenue shrinking Revenue fell 1.4% over the year, from $3.8B to $3.7B.
Last reported Oct 28, 2026
Last shock Oct 14, 2026-13% in one session2.2× volumeno filing matched+32% since

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $3.7B -1% on FY2024
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $1.2B FY2021 · $2.1B FY2022 · $3.3B FY2023 · $3.6B FY2024 · $3.8B FY2025 · $3.7B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$137.0M down to a loss
-$250M $0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$225.0M FY2021 · -$102.0M FY2022 · -$37.0M FY2023 · -$11.0M FY2024 · $85.0M FY2025 · -$137.0M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology -$600.0M
-$1B $0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$573.0M FY2021 · $189.0M FY2022 · -$119.0M FY2023 · -$312.0M FY2024 · -$158.0M FY2025 · -$600.0M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net -4%
  • Free cash -16%
-50% 0% 10% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Net -18% · Free cash -46% FY2021 · Net -5% · Free cash 9% FY2022 · Net -1% · Free cash -4% FY2023 · Net -0% · Free cash -9% FY2024 · Net 2% · Free cash -4% FY2025 · Net -4% · Free cash -16%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $358.0M net cash
  • Cash
  • Long-term debt
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $378.0M · Long-term debt $247.0M FY2021 · Cash $918.0M · Long-term debt $287.0M FY2022 · Cash $761.0M · Long-term debt $272.0M FY2023 · Cash $609.0M · Long-term debt $219.0M FY2024 · Cash $740.0M · Long-term debt $241.0M FY2025 · Cash $671.0M · Long-term debt $313.0M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 229.01m +14.8% since FY2020
229.01m 199.44m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 199.44m FY2021 · 217.07m FY2022 · 217.88m FY2023 · 223m FY2024 · 225.44m FY2025 · 229.01m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $1.2B $2.1B $3.3B $3.6B $3.8B $3.7B
Operating income -$365.0M -$117.0M -$45.0M -$3.0M $58.0M -$149.0M
Net income -$225.0M -$102.0M -$37.0M -$11.0M $85.0M -$137.0M
Net margin -18% -5% -1% -0% 2% -4%
Earnings per share -$1.13 -$0.48 -$0.17 -$0.05 $0.38 -$0.60
Free cash flow -$573.0M $189.0M -$119.0M -$312.0M -$158.0M -$600.0M
Free cash margin -46% 9% -4% -9% -4% -16%
Cash $378.0M $918.0M $761.0M $609.0M $740.0M $671.0M
Long-term debt $247.0M $287.0M $272.0M $219.0M $241.0M $313.0M
Shareholders' equity $310.0M $530.0M $509.0M $507.0M $604.0M $491.0M
Shares outstanding 199.44m 217.07m 217.88m 223m 225.44m 229.01m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Oct 28, 2026 Quarterly ↗ Sep 30, 2026 28d
Jul 29, 2026 Quarterly ↗ Jun 30, 2026 29d
May 5, 2026 Quarterly ↗ Mar 31, 2026 35d
Feb 18, 2026 Annual ↗ Dec 31, 2025 49d
Nov 5, 2025 Quarterly ↗ Sep 30, 2025 36d
Aug 5, 2025 Quarterly ↗ Jun 30, 2025 36d
May 1, 2025 Quarterly ↗ Mar 31, 2025 31d
Feb 18, 2025 Annual ↗ Dec 31, 2024 49d
Oct 29, 2024 Quarterly ↗ Sep 30, 2024 29d
Aug 8, 2024 Quarterly ↗ Jun 30, 2024 39d
May 2, 2024 Quarterly ↗ Mar 31, 2024 32d
Feb 20, 2024 Annual ↗ Dec 31, 2023 51d

Current reports