Frontier Group Holdings annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
Frontier Group Holdings Debt-to-Equity Ratio Growth & History (ULCC)
Frontier Group Holdings's debt-to-equity ratio was 11.13 for fiscal 2025.
View full Frontier Group Holdings company overviewFrontier Group Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 11.13 | 3.73 | +50.41% |
| 2024 | 2024-12-31 | 7.40 | 0.57 | +8.43% |
| 2023 | 2023-12-31 | 6.82 | 1.07 | +18.60% |
| 2022 | 2022-12-31 | 5.75 | 0.38 | +7.01% |
| 2021 | 2021-12-31 | 5.38 | −3.05 | −36.20% |
| 2020 | 2020-12-31 | 8.43 | — | — |
Frontier Group Holdings quarterly debt-to-equity ratio
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 38.54 | 28.92 | +300.48% |
| Q1 2026 | 2026-03-31 | 23.64 | 15.23 | +181.25% |
| Q4 2025 | 2025-12-31 | 11.13 | 3.73 | +50.41% |
| Q3 2025 | 2025-09-30 | 11.59 | 3.90 | +50.59% |
| Q2 2025 | 2025-06-30 | 9.62 | 1.80 | +23.00% |
| Q1 2025 | 2025-03-31 | 8.41 | 0.95 | +12.78% |
| Q4 2024 | 2024-12-31 | 7.40 | 0.57 | +8.43% |
| Q3 2024 | 2024-09-30 | 7.70 | 1.53 | +24.79% |
| Q2 2024 | 2024-06-30 | 7.83 | 2.38 | +43.61% |
| Q1 2024 | 2024-03-31 | 7.45 | 1.17 | +18.62% |
| Q4 2023 | 2023-12-31 | 6.82 | 1.07 | +18.60% |
| Q3 2023 | 2023-09-30 | 6.17 | 0.09 | +1.50% |
| Q2 2023 | 2023-06-30 | 5.45 | −1.07 | −16.41% |
| Q1 2023 | 2023-03-31 | 6.28 | −0.47 | −6.96% |
| Q4 2022 | 2022-12-31 | 5.75 | 0.38 | +7.01% |
| Q3 2022 | 2022-09-30 | 6.08 | 1.10 | +22.09% |
| Q2 2022 | 2022-06-30 | 6.52 | 1.48 | +29.29% |
| Q1 2022 | 2022-03-31 | 6.75 | −5.37 | −44.32% |
| Q4 2021 | 2021-12-31 | 5.38 | −3.05 | −36.20% |
| Q3 2021 | 2021-09-30 | 4.98 | — | — |
| Q2 2021 | 2021-06-30 | 5.04 | — | — |
| Q1 2021 | 2021-03-31 | 12.13 | — | — |
| Q4 2020 | 2020-12-31 | 8.43 | — | — |
Frontier Group Holdings debt-to-equity ratio trends
Over the last five fiscal years, Frontier Group Holdings's debt-to-equity ratio increased from 8.43 to 11.13, a change of 2.70. The latest reported quarter, Q2 2026, shows 38.54.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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