See more : Partners Group Holding AG (0QOQ.L) 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.
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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 |
Shareholder Alert: Ademi LLP investigates whether Frontier Communications Parent, Inc. has obtained a Fair Price for its Public Shareholders
MILWAUKEE , Sept. 5, 2024 /PRNewswire/ -- Ademi LLP is investigating Frontier (Nasdaq: FYBR) for possible breaches of fiduciary duty and other violations of law in its transaction with Verizon.
Frontier Communications stock price surges, then crashes, on Verizon acquisition news
Shares in Frontier Communications Parent have been on a wild ride over the past 24 hours. The stock (ticker: FYBR) saw its price surge a staggering 37% to $38.68 per share after reports that communications giant Verizon was looking to...
Frontier Stock Tumbles as Verizon Announces $20B All-Cash Acquisition
Shares of Frontier Communications (FYBR) are tumbling 10% in premarket trading after Verizon Communications (VZ) said it plans to buy the fiber network company for $20 billion in cash.
Is Verizon's Acquisition Of Frontier A Good Idea?
Wireless behemoth Verizon announced early Thursday morning that it would be acquiring Frontier Communications - the largest pure-play fiber internet provider in the U.S. - in an all-cash transaction valued at $20 billion. This would be one of Verizon's biggest...
Verizon bets on fiber's staying power as it acquires Frontier for $20B
Some major consolidation is afoot in the world of internet communications — and it will have implications for competition and consumer internet access in U.S. On Thursday, Verizon announced that it would gobble up Frontier Communications for $20 billion —...
Verizon plans big fiber bet with $20 billion Frontier deal. Does it make sense?
Verizon says the deal will expand its fiber footprint, but analysts expect big gaps in the fiber coverage network even after the acquisition closes.
Verizon to Buy Frontier Communications in $20 Billion Deal
Verizon will acquire Frontier for $38.50 a share in cash.
Verizon to acquire Frontier Communications in $20 bln deal
Verizon said on Thursday it would buy Frontier Communications in a deal valued at $20 billion, as the U.S. wireless carrier looks to boost its fiber network.
Verizon to acquire Frontier
Expands fiber network to accelerate offering of premium broadband and mobility services to more customers nationwide Expands fiber network to accelerate offering of premium broadband and mobility services to more customers nationwide
Frontier Communications Stock Jumps 38% After Report of Possible Verizon Deal
Shares of Frontier Communications (FYBR) jumped nearly 40% on Wednesday after The Wall Street Journal said the fiber network company was in talks about a possible sale to Verizon Communications (VZ).
Source: https://incomestatements.info
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