Frontier Group Holdings annual net debt
2020
2021
2022
2023
2024
2025
Frontier Group Holdings Net Debt Growth & History (ULCC)
Frontier Group Holdings's net debt was $4.79B for fiscal 2025.
View full Frontier Group Holdings company overviewFrontier Group Holdings annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $4.79B | $1.06B | +28.54% |
| 2024 | 2024-12-31 | $3.73B | $878.0M | +30.81% |
| 2023 | 2023-12-31 | $2.85B | $683.0M | +31.52% |
| 2022 | 2022-12-31 | $2.17B | $236.0M | +12.22% |
| 2021 | 2021-12-31 | $1.93B | −$303.0M | −13.56% |
| 2020 | 2020-12-31 | $2.23B | — | — |
Frontier Group Holdings quarterly net debt
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 | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $4.29B | −$20.0M | −0.46% |
| Q1 2026 | 2026-03-31 | $4.48B | $371.0M | +9.04% |
| Q4 2025 | 2025-12-31 | $4.79B | $1.06B | +28.54% |
| Q3 2025 | 2025-09-30 | $4.47B | $815.0M | +22.32% |
| Q2 2025 | 2025-06-30 | $4.31B | $896.0M | +26.27% |
| Q1 2025 | 2025-03-31 | $4.11B | $1.12B | +37.52% |
| Q4 2024 | 2024-12-31 | $3.73B | $878.0M | +30.81% |
| Q3 2024 | 2024-09-30 | $3.65B | $953.0M | +35.32% |
| Q2 2024 | 2024-06-30 | $3.41B | $1.11B | +48.05% |
| Q1 2024 | 2024-03-31 | $2.98B | $709.0M | +31.15% |
| Q4 2023 | 2023-12-31 | $2.85B | $683.0M | +31.52% |
| Q3 2023 | 2023-09-30 | $2.70B | $527.0M | +24.27% |
| Q2 2023 | 2023-06-30 | $2.30B | $293.0M | +14.57% |
| Q1 2023 | 2023-03-31 | $2.28B | $241.0M | +11.84% |
| Q4 2022 | 2022-12-31 | $2.17B | $236.0M | +12.22% |
| Q3 2022 | 2022-09-30 | $2.17B | $105.0M | +5.08% |
| Q2 2022 | 2022-06-30 | $2.01B | $174.0M | +9.47% |
| Q1 2022 | 2022-03-31 | $2.04B | −$192.0M | −8.62% |
| Q4 2021 | 2021-12-31 | $1.93B | −$303.0M | −13.56% |
| Q3 2021 | 2021-09-30 | $2.07B | — | — |
| Q2 2021 | 2021-06-30 | $1.84B | — | — |
| Q1 2021 | 2021-03-31 | $2.23B | — | — |
| Q4 2020 | 2020-12-31 | $2.23B | — | — |
Frontier Group Holdings net debt trends
Over the last five fiscal years, Frontier Group Holdings's net debt increased from $2.23B to $4.79B, a change of $2.56B. The latest reported quarter, Q2 2026, shows $4.29B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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