See more : ProStar Holdings Inc. (MAPS.V) Income Statement Analysis – Financial Results
Complete financial analysis of Frontier Group Holdings, Inc. (ULCC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Frontier Group Holdings, Inc., a leading company in the Airlines, Airports & Air Services industry within the Industrials sector.
You may be interested
- Sino Gas Holdings Group Limited (1759.HK) Income Statement Analysis – Financial Results
- Thirumalai Chemicals Limited (TIRUMALCHM.NS) Income Statement Analysis – Financial Results
- Taitron Components Incorporated (TAIT) Income Statement Analysis – Financial Results
- Luyuan Grp Hldg (Cayman) Ltd (2451.HK) Income Statement Analysis – Financial Results
- PT Bank MNC Internasional Tbk (BABP.JK) Income Statement Analysis – Financial Results
Frontier Group Holdings, Inc. (ULCC)
About Frontier Group Holdings, Inc.
Frontier Group Holdings, Inc., a low-fare airline company, provides air transportation for passengers. The company operates an airline that serves approximately 120 airports throughout the United States and international destinations in the Americas. It offers its services through direct distribution channels, including its website, mobile app, and call center. As of December 31, 2021, the company had a fleet of 110 Airbus single-aisle aircraft comprising, 16 A320ceos, 73 A320neos, and 21 A321ceos. Frontier Group Holdings, Inc. was incorporated in 2013 and is headquartered in Denver, Colorado.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.59B | 3.33B | 2.06B | 1.25B | 2.51B | 2.16B | 1.92B | 1.71B | 1.60B | 1.59B |
| Cost of Revenue | 3.24B | 3.04B | 2.26B | 1.64B | 2.01B | 1.78B | 1.58B | 1.19B | 1.13B | 1.17B |
| Gross Profit | 352.00M | 282.00M | -202.00M | -390.00M | 503.00M | 373.00M | 339.00M | 524.00M | 473.00M | 420.00M |
| Gross Profit Ratio | 9.81% | 8.48% | -9.81% | -31.20% | 20.06% | 17.30% | 17.67% | 30.57% | 29.49% | 26.37% |
| Research & Development | 0.00 | 7.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 164.00M | 164.00M | 109.00M | 78.00M | 130.00M | 110.00M | 0.00 | 72.00M | 79.00M | 87.00M |
| SG&A | 164.00M | 164.00M | 109.00M | 78.00M | 130.00M | 110.00M | 94.00M | 72.00M | 79.00M | 87.00M |
| Other Expenses | 191.00M | 153.00M | -194.00M | -103.00M | 64.00M | 171.00M | 0.00 | 135.00M | 118.00M | 105.00M |
| Operating Expenses | 305.00M | 317.00M | -85.00M | -25.00M | 194.00M | 281.00M | 94.00M | 207.00M | 197.00M | 192.00M |
| Cost & Expenses | 3.59B | 3.36B | 2.18B | 1.62B | 2.20B | 2.06B | 1.67B | 1.40B | 1.33B | 1.37B |
| Interest Income | 36.00M | 10.00M | 2.00M | 5.00M | 16.00M | 17.00M | 7.00M | 2.00M | 0.00 | 0.00 |
| Interest Expense | 1.00M | 10.00M | 29.00M | 12.00M | 11.00M | 4.00M | 10.00M | 3.00M | 5.00M | 4.00M |
| Depreciation & Amortization | 50.00M | 45.00M | 38.00M | 33.00M | 46.00M | 78.00M | 65.00M | 75.00M | 54.00M | 29.00M |
| EBITDA | 83.00M | 3.00M | -99.00M | -327.00M | 371.00M | 187.00M | 310.00M | 394.00M | 287.00M | 257.00M |
| EBITDA Ratio | 2.31% | -0.75% | -5.58% | -26.16% | 14.79% | 8.67% | 16.16% | 22.99% | 20.57% | 16.13% |
| Operating Income | -3.00M | -35.00M | -117.00M | -365.00M | 309.00M | 92.00M | 245.00M | 317.00M | 233.00M | 228.00M |
| Operating Income Ratio | -0.08% | -1.05% | -5.68% | -29.20% | 12.32% | 4.27% | 12.77% | 18.49% | 14.53% | 14.31% |
| Total Other Income/Expenses | 35.00M | 0.00 | -27.00M | -7.00M | 16.00M | 13.00M | 3.00M | -1.00M | -5.00M | -4.00M |
| Income Before Tax | 32.00M | -45.00M | -144.00M | -372.00M | 325.00M | 105.00M | 248.00M | 316.00M | 228.00M | 224.00M |
| Income Before Tax Ratio | 0.89% | -1.35% | -6.99% | -29.76% | 12.96% | 4.87% | 12.93% | 18.44% | 14.21% | 14.06% |
| Income Tax Expense | 43.00M | -8.00M | -42.00M | -147.00M | 74.00M | 25.00M | 86.00M | 116.00M | 82.00M | 84.00M |
| Net Income | -11.00M | -37.00M | -102.00M | -225.00M | 251.00M | 80.00M | 162.00M | 200.00M | 146.00M | 140.00M |
| Net Income Ratio | -0.31% | -1.11% | -4.95% | -18.00% | 10.01% | 3.71% | 8.45% | 11.67% | 9.10% | 8.79% |
| EPS | -0.05 | -0.17 | -0.47 | -1.05 | 1.10 | 0.37 | 0.75 | 0.93 | 0.68 | 0.65 |
| EPS Diluted | -0.05 | -0.17 | -0.47 | -1.05 | 1.10 | 0.37 | 0.75 | 0.93 | 0.68 | 0.65 |
| Weighted Avg Shares Out | 220.10M | 217.60M | 217.07M | 215.08M | 215.08M | 214.07M | 215.08M | 214.26M | 214.26M | 214.26M |
| Weighted Avg Shares Out (Dil) | 220.10M | 217.60M | 217.07M | 215.08M | 215.08M | 215.92M | 215.08M | 214.26M | 214.26M | 214.26M |
Frontier, Spirit Airlines revive merger talks, WSJ reports
Frontier Airlines is exploring a renewed bid for Spirit Airlines , the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
Frontier Group Holdings (ULCC) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Frontier Group (ULCC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Carronade Capital Urges Frontier Communications Shareholders to Vote Against Sale to Verizon on Current Terms
DARIEN, Conn., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Carronade Capital, an alternative asset management firm, which beneficially owns approximately 2,000,000 shares of Frontier Communications Parent, Inc. (NASDAQ: FYBR) today released a letter to fellow Frontier shareholders. The full text of...
Frontier Receives Grants to Expand Access to High-Speed Fiber Internet in Connecticut
DALLAS--(BUSINESS WIRE)--Frontier (NASDAQ: FYBR): What happened? Frontier received seven ConneCTed Communities grants from the Connecticut Department of Energy and Environmental Protection to expand access to high-speed, reliable fiber internet across Connecticut. The funding comes from Connecticut's portion of American Rescue...
Verizon Q3 Earnings Preview: Frontier Won't Save The Day
I previously rated Verizon stock a hold due to risks from value segment cannibalization, limited cost-cutting potential, and balanced upside/downside risks. Verizon has a track record of overpaying and underdelivering on M&A deals, and I fear Frontier will be more...
Frontier Group Holdings Announces Webcast of Third Quarter 2024 Financial Results
DENVER , Oct. 16, 2024 /PRNewswire/ -- Frontier Group Holdings, Inc. (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., will be releasing third quarter 2024 financial results before market open on Tuesday, October 29, 2024. Management will host a live...
Frontier pilots vote to authorize strike
Frontier Airlines pilots have voted to authorize a strike, the Air Line Pilots Association said on Tuesday.
Exclusive: Verizon bid for Frontier faces investor skepticism, sources say
Some of Frontier Communications' largest shareholders are concerned about its planned $9.6 billion takeover by Verizon Communications , with its second-largest investor planning to vote against the deal, three sources sources familiar with the firm's plans said.
Strength Seen in Frontier Group (ULCC): Can Its 16.4% Jump Turn into More Strength?
Frontier Group (ULCC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
Why Airline Stocks Like JetBlue and Frontier Are Soaring Today
A rival is on the fiscal ropes, and could be partially (or even wholly) going away in the near future.
Source: https://incomestatements.info
Category: Stock Reports