See more : Far Vista Petroleum Corp. (FVSTA) 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
- Duke Energy Corporation 5.625% (DUKB) Income Statement Analysis – Financial Results
- Goldsands Development Company (GSDC) Income Statement Analysis – Financial Results
- NEWTIME INFRASTRUCTURE LIMITED (NEWINFRA.BO) Income Statement Analysis – Financial Results
- VA Tech Wabag Limited (WABAG.NS) Income Statement Analysis – Financial Results
- Solera National Bancorp, Inc. (SLRK) 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 |
Verizon: Market Likely Overestimated Frontier Impacts
Verizon recently announced a $20B acquisition of Frontier Communications. Despite potential synergies, I believe the market's prevailing bullish rating overestimated the upside impacts of the deal. Furthermore, the acquisition price represents a 44% premium.
Verizon's Dividend Risk Profile Increases After Frontier Acquisition
Verizon just announced a huge acquisition of Frontier Communications. While the deal offers some exciting market growth opportunities for Verizon, it also comes with some risks. We look at what factors are likely going to increase the risk profile for...
Verizon Acquires Frontier for $20 Billion as Connected Economy Evolves
The future of connectivity is the future of commerce, as well as payments and financial services. And with the Thursday (Sept.
Can Verizon Stock Benefit From Frontier Communications Buyout?
VZ enters into a definitive agreement to acquire Frontier Communications to expand its fiber footprint across the United States.
Frontier Airlines to Participate in the Morgan Stanley 12th Annual Laguna Conference
DENVER , Sept. 5, 2024 /PRNewswire/ -- Frontier Airlines, Inc., a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC), today announced that Barry Biffle, CEO, will present at the Morgan Stanley 12th Annual Laguna Conference on Wednesday, September 11, 2024...
Verizon is buying Frontier in $20B deal to strengthen its fiber network
Verizon is buying Frontier Communications in a $20 billion deal to strengthen its fiber network.
Verizon to Acquire Frontier for $20 Billion, Expand Fiber Footprint
The combined fiber network will reach 25 million units across 31 states, significantly boosting Verizon's fiber internet coverage.
Verizon-Frontier deal: How it could impact customers
Verizon on Thursday announced plans to acquire Frontier in a deal valued at $20 billion so it can boost its delivery of mobility and broadband connectivity services.
Verizon to Acquire Frontier Communications: ETFs in Focus
VZ agrees to buy Frontier in an all-cash deal valued at $20 billion. Investors seeking to tap the opportunity arising could bet on telecommunication ETFs.
Frontier Stock Tumbles as Verizon Announces $20B All-Cash Acquisition
Shares of Frontier Communications (FYBR) tumbled Thursday after Verizon Communications' (VZ) said it plans to buy the fiber network company for $20 billion in cash.
Source: https://incomestatements.info
Category: Stock Reports