ULCCFrontier Group Holdings, Inc.
Air Transportation, Scheduled
- Revenue
- $3.7B
- 1.4% YoY
- Operating margin
- -4.0%
- 360% YoY
- EBITDA
- −$58M
- 145% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- −$490M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $2.1B | $3.3B | $3.6B | $3.8B | $3.7B | 1.4% |
| Operating income | −$117M | −$45M | −$3M | $58M | −$149M | 357% |
| Net income | −$102M | −$37M | −$11M | $85M | −$137M | 261% |
| Operating cash flow | $216M | −$78M | −$261M | −$82M | −$525M | 540% |
| Capex | $27M | $41M | $51M | $76M | $75M | 1.3% |
| Stock-based comp | $11M | $15M | $14M | $16M | $21M | 31% |
| Dividends | $0 | $1M | $1M | $0 | — |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $65K · 2
- Net
- −$65K
Pay vs performance
No pay-versus-performance disclosure yet.