Superworth

Frontier profit margin ULCC

Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.

Net margin, 12 months
−9.3%
Operating margin, 12 months
−9.8%
Net margin on a year earlier
−8.4 pts
Peer median
6.7%

Over the twelve months to Jun 30, 2026, Frontier kept −9.3% of its revenue as net profit, with an operating margin of −9.8%.

Five years earlier its net margin was −18.8%.

The median for 3 airline and airport stocks of a similar size is 6.7%.

Profit margin over time

OperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating margin
FY2025−3.7%−4.0%
FY20242.3%1.5%
FY2023−0.3%−0.1%
FY2022−1.1%−1.4%
FY2021−5.0%−5.7%
FY2020−18.0%−29.2%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−9.3%−8.4 pts−9.8%
Q1 FY26−9.6%−11.4 pts−10.1%
Q4 FY25−3.7%−5.9 pts−4.0%
Q3 FY25−3.6%−3.5 pts−4.1%
Q2 FY25−0.9%+0.9 pts−1.5%
Q1 FY251.8%+2.4 pts1.1%
Q4 FY242.3%+2.6 pts1.5%
Q3 FY24−0.2%−2.0 pts0.3%
Q2 FY24−1.8%−5.3 pts−1.7%
Q1 FY24−0.7%−2.7 pts−0.2%
Q4 FY23−0.3%+0.8 pts−0.1%
Q3 FY231.8%+6.1 pts1.2%

Against its peers

Companies in Airlines, Airports & Air Services nearest Frontier's size, closest first, today.

CompanyProfit margin
ULCCFrontier−9.3%
VTOLBristow6.7%
ALGTAllegiant Travel CO0.9%
SKYWSkywest9.8%
Peer median6.7%

Where Frontier ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Frontier

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.