Financial Snapshot

Revenue
$3.664B
TTM
Gross Margin
52.91%
TTM
Net Earnings
-$6.000M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
52.78%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$549.0M
Q3 2024
Cash
Q3 2024
P/E
-225.7
Nov 29, 2024 EST
Free Cash Flow
-$299.0M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $3.589B $3.326B $2.060B $1.250B $2.508B $2.156B
YoY Change 7.91% 61.46% 64.8% -50.16% 16.33%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $3.589B $3.326B $2.060B $1.250B $2.508B $2.156B
Cost Of Revenue $1.684B $1.716B $1.105B $734.0M $1.008B $866.0M
Gross Profit $1.905B $1.610B $955.0M $516.0M $1.500B $1.290B
Gross Profit Margin 53.08% 48.41% 46.36% 41.28% 59.81% 59.83%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $1.717B $1.447B $1.228B $951.0M $1.081B $949.0M
YoY Change 18.66% 17.83% 29.13% -12.03% 13.91%
% of Gross Profit 90.13% 89.88% 128.59% 184.3% 72.07% 73.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $50.00M $45.00M $38.00M $33.00M $46.00M $78.00M
YoY Change 11.11% 18.42% 15.15% -28.26% -41.03%
% of Gross Profit 2.62% 2.8% 3.98% 6.4% 3.07% 6.05%
Operating Expenses $1.907B $1.645B $1.367B $881.0M $1.191B $1.198B
YoY Change 15.93% 20.34% 55.16% -26.03% -0.58%
Operating Profit -$2.000M -$45.00M -$117.0M -$365.0M $309.0M $92.00M
YoY Change -95.56% -61.54% -67.95% -218.12% 235.87%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense $35.00M $0.00 -$27.00M -$7.000M $16.00M $13.00M
YoY Change -100.0% 285.71% -143.75% 23.08%
% of Operating Profit 5.18% 14.13%
Other Income/Expense, Net $35.00M $0.00 -$27.00M -$7.000M $16.00M
YoY Change -100.0% 285.71% -143.75%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income $32.00M -$45.00M -$144.0M -$372.0M $325.0M $105.0M
YoY Change -171.11% -68.75% -61.29% -214.46% 209.52%
Income Tax $43.00M -$8.000M -$42.00M -$147.0M $74.00M $25.00M
% Of Pretax Income 134.38% 22.77% 23.81%
Net Earnings -$11.00M -$37.00M -$102.0M -$225.0M $251.0M $80.00M
YoY Change -70.27% -63.73% -54.67% -189.64% 213.75%
Net Earnings / Revenue -0.31% -1.11% -4.95% -18.0% 10.01% 3.71%
Basic Earnings Per Share -$0.05 -$0.17 -$0.48 -$1.13 $1.19
Diluted Earnings Per Share -$0.05 -$0.17 -$0.48 -$1.13 $1.19 $371.9K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $609.0M $761.0M $918.0M $378.0M $768.0M
YoY Change -19.97% -17.1% 142.86% -50.78%
Cash & Equivalents $609.0M $761.0M $918.0M $378.0M $768.0M
Short-Term Investments
Other Short-Term Assets $87.00M $106.0M $37.00M $65.00M $55.00M
YoY Change -17.92% 186.49% -43.08% 18.18%
Inventory
Prepaid Expenses
Receivables $93.00M $90.00M $50.00M $28.00M $83.00M
Other Receivables $82.00M $63.00M $32.00M $179.0M $38.00M
Total Short-Term Assets $871.0M $1.020B $1.037B $650.0M $944.0M
YoY Change -14.61% -1.64% 59.54% -31.14%
Property, Plant & Equipment $3.273B $2.710B $2.612B $2.426B $2.442B
YoY Change 20.77% 3.75% 7.67% -0.66%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $821.0M $741.0M $557.0M $449.0M $448.0M
YoY Change 10.8% 33.03% 24.05% 0.22%
Total Long-Term Assets $4.122B $3.479B $3.198B $2.904B $2.920B
YoY Change 18.48% 8.79% 10.12% -0.55%
Total Assets $4.993B $4.499B $4.235B $3.554B $3.864B
YoY Change
Accounts Payable $134.0M $89.00M $86.00M $71.00M $71.00M
YoY Change 50.56% 3.49% 21.13% 0.0%
Accrued Expenses $691.0M $603.0M $582.0M $513.0M $463.0M
YoY Change 14.59% 3.61% 13.45% 10.8%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $251.0M $157.0M $127.0M $101.0M $150.0M
YoY Change 59.87% 23.62% 25.74% -32.67%
Total Short-Term Liabilities $1.658B $1.555B $1.326B $1.003B $1.254B
YoY Change 6.62% 17.27% 32.2% -20.02%
Long-Term Debt $219.0M $272.0M $287.0M $247.0M $95.00M
YoY Change -19.49% -5.23% 16.19% 160.0%
Other Long-Term Liabilities $2.609B $2.163B $2.092B $1.985B $1.946B
YoY Change 20.62% 3.39% 5.39% 2.0%
Total Long-Term Liabilities $2.828B $2.435B $2.379B $2.232B $2.041B
YoY Change 16.14% 2.35% 6.59% 9.36%
Total Liabilities $4.486B $3.990B $3.705B $3.244B $3.322B
YoY Change 12.43% 7.69% 14.21% -2.35%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 220.1M shares 217.6M shares 211.4M shares 199.3M shares 199.1M shares
Diluted Shares Outstanding 220.1M shares 217.6M shares 211.4M shares 199.3M shares 199.6M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.3545 Billion

About Frontier Group Holdings, Inc.

Frontier Group Holdings, Inc. engages in the provision of air transportation. The company is headquartered in Denver, Colorado and currently employs 7,235 full-time employees. The company went IPO on 2021-04-01. The firm operates through its subsidiary, Frontier Airlines, Inc., which is an ultra-low-cost carrier company. The firm offers flights throughout the United States and to select near international destinations in the Americas. The company has a fleet of approximately 136 Airbus single-aisle aircraft, consisting of eight A320ceos, 82 A320neos, 21 A321ceos and 25 A321neos. The firm primarily provides air transportation for passengers. The company provides passenger airline service primarily to leisure travelers. The company combines its fares with flexible optional services for an additional cost. Such additional options include carry-on and checked baggage, advance seat selection, its extended-legroom premium seats, priority boarding and ticket changes and cancellations, as well as bundled options combining various optional services. The firm serves approximately 90 airports throughout the United States and international destinations in the Americas.

Industry: Air Transportation, Scheduled Peers: ALASKA AIR GROUP, INC. Allegiant Travel CO American Airlines Group Inc. JETBLUE AIRWAYS CORP Joby Aviation, Inc. Sun Country Airlines Holdings, Inc. SKYWEST INC Spirit Airlines, Inc. SOUTHWEST AIRLINES CO United Airlines Holdings, Inc.