Frontier Group Holdings Inc
Frontier Group Holdings, Inc., provides low-fare passenger airline services to leisure travelers in the United States and Latin America. The company sells its products through direct distribution channels, such as website, mobile app, and contact centers. As of December 31, 2024, it had a fleet of 159 Airbus single-aisle aircrafts. Frontier Group Holdings, Inc. was founded in 1994 and is headquar… Read more
Frontier Group Holdings Inc (ULCC) - Net Assets
Latest net assets as of September 2025: $434.00 Million USD
Based on the latest financial reports, Frontier Group Holdings Inc (ULCC) has net assets worth $434.00 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.70 Billion) and total liabilities ($6.27 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $434.00 Million |
| % of Total Assets | 6.48% |
| Annual Growth Rate | 6.52% |
| 5-Year Change | 94.84% |
| 10-Year Change | N/A |
| Growth Volatility | 45.02 |
Frontier Group Holdings Inc - Net Assets Trend (2015–2024)
This chart illustrates how Frontier Group Holdings Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Frontier Group Holdings Inc (2015–2024)
The table below shows the annual net assets of Frontier Group Holdings Inc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $604.00 Million | +19.13% |
| 2023-12-31 | $507.00 Million | -0.39% |
| 2022-12-31 | $509.00 Million | -3.96% |
| 2021-12-31 | $530.00 Million | +70.97% |
| 2020-12-31 | $310.00 Million | -42.80% |
| 2019-12-31 | $542.00 Million | +93.57% |
| 2018-12-31 | $280.00 Million | -37.22% |
| 2016-12-31 | $446.00 Million | +30.41% |
| 2015-12-31 | $342.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Frontier Group Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 34.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $196.00 Million | 32.45% |
| Other Comprehensive Income | $-6.00 Million | -0.99% |
| Other Components | $414.00 Million | 68.54% |
| Total Equity | $604.00 Million | 100.00% |
Frontier Group Holdings Inc Competitors by Market Cap
The table below lists competitors of Frontier Group Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Karnell
ST:KARNEL-B
|
$190.51 Million |
|
Shanghai Kaichuang Marine International Co Ltd
SHG:600097
|
$190.55 Million |
|
Forus S.A
SN:FORUS
|
$190.62 Million |
|
ASCOM HLDG NA SF 0,50
F:AH2N
|
$190.62 Million |
|
en-japan inc.
PINK:ENJPY
|
$190.42 Million |
|
Elite Color Environmental Resources
SHE:002998
|
$190.38 Million |
|
Zion Oil & Gas Inc
OTCQB:ZNOG
|
$190.37 Million |
|
CUSTODIAN PROP.INC.LS-01
F:IT3
|
$190.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Frontier Group Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 507,000,000 to 604,000,000, a change of 97,000,000 (19.1%).
- Net income of 85,000,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,000,000.
- Other factors increased equity by 11,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $85.00 Million | +14.07% |
| Other Comprehensive Income | $1.00 Million | +0.17% |
| Other Changes | $11.00 Million | +1.82% |
| Total Change | $- | 19.13% |
Book Value vs Market Value Analysis
This analysis compares Frontier Group Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.24x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.09x to 1.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $1.60 | $3.33 | x |
| 2016-12-31 | $2.08 | $3.33 | x |
| 2018-12-31 | $1.30 | $3.33 | x |
| 2019-12-31 | $2.52 | $3.33 | x |
| 2020-12-31 | $1.44 | $3.33 | x |
| 2021-12-31 | $2.44 | $3.33 | x |
| 2022-12-31 | $2.34 | $3.33 | x |
| 2023-12-31 | $2.30 | $3.33 | x |
| 2024-12-31 | $2.68 | $3.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Frontier Group Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.07%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.25%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 10.19x
- Recent ROE (14.07%) is above the historical average (8.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 42.69% | 9.10% | 1.42x | 3.30x | $111.80 Million |
| 2016 | 44.84% | 11.67% | 1.28x | 3.01x | $155.40 Million |
| 2018 | 28.57% | 3.71% | 1.42x | 5.41x | $52.00 Million |
| 2019 | 46.31% | 10.01% | 0.65x | 7.13x | $196.80 Million |
| 2020 | -72.58% | -18.00% | 0.35x | 11.46x | $-256.00 Million |
| 2021 | -19.25% | -4.95% | 0.49x | 7.99x | $-155.00 Million |
| 2022 | -7.27% | -1.11% | 0.74x | 8.84x | $-87.90 Million |
| 2023 | -2.17% | -0.31% | 0.72x | 9.85x | $-61.70 Million |
| 2024 | 14.07% | 2.25% | 0.61x | 10.19x | $24.60 Million |
Industry Comparison
This section compares Frontier Group Holdings Inc's net assets metrics with peer companies in the Airlines industry.
Industry Context
- Industry: Airlines
- Average net assets among peers: $84,221,809,251
- Average return on equity (ROE) among peers: 148.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Frontier Group Holdings Inc (ULCC) | $434.00 Million | 42.69% | 14.44x | $190.48 Million |
| American Airlines Group (AAL) | $-581.00 Million | 0.00% | 0.00x | $6.80 Billion |
| Air Canada (ACDVF) | $2.59 Billion | 24.86% | 11.05x | $2.83 Billion |
| Grupo Aeroméxico, S.A.B. de C.V. (AERO) | $-730.83 Million | 0.00% | 0.00x | $260.71 Million |
| Air France-KLM SA (AFRAF) | $-5.42 Billion | 0.00% | 0.00x | $1.02 Billion |
| Aegean Airlines S.A (AGZNF) | $277.88 Million | 24.44% | 1.61x | $461.90 Million |
| AirAsia Group Berhad (AIABF) | $935.30 Million | 1390.41% | 6.89x | $418.10 Million |
| Air China Limited (AICAF) | $49.50 Billion | 15.10% | 2.50x | $2.97 Billion |
| Allegiant Travel Company (ALGT) | $401.72 Million | 19.56% | 0.99x | $1.25 Billion |
| Alaska Air Group Inc (ALK) | $340.50 Million | 5.05% | 2.00x | $4.48 Billion |
| ANA Holdings Inc (ALNPF) | $794.90 Billion | 9.83% | 1.80x | $7.63 Billion |