Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Frontier Group Holdings's shares outstanding for the quarter that ended in Mar. 2026 was 230 Mil.
Frontier Group Holdings's quarterly shares outstanding
increased
from Dec. 2025 (229 Mil) to Mar. 2026 (230 Mil).
It means Frontier Group Holdingsissued new shares from Dec. 2025 to Mar. 2026 .
Frontier Group Holdings's annual shares outstanding
increased
from Dec. 2024 (225 Mil) to Dec. 2025 (229 Mil).
It means Frontier Group Holdingsissued new shares from Dec. 2024 to Dec. 2025 .
Frontier Group Holdings (NAS:ULCC) Shares Outstanding (EOP) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Frontier Group Holdings Shares Outstanding (EOP) Related Terms
Frontier Group Holdings Shares Outstanding (EOP) Historical Data
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The historical data trend for Frontier Group Holdings's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Frontier Group Holdings Shares Outstanding (EOP) Chart
ULCC vs RJET, JBLU, ALGT: Shares Outstanding (EOP) Comparison
For the Airlines subindustry, Frontier Group Holdings's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Frontier Group Holdings Shares Outstanding (EOP) vs Transportation Industry
For the Transportation industry and Industrials sector, Frontier Group Holdings's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Frontier Group Holdings's Shares Outstanding (EOP) falls into.
Frontier Group Holdings Shares Outstanding (EOP) Calculation
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 230 Mil mean?
Frontier Group Holdings (ULCC) has a Shares Outstanding (EOP) of 230 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Frontier Group Holdings and its competitors.
Is Frontier Group Holdings' Shares Outstanding (EOP) too high?
Frontier Group Holdings' current Shares Outstanding (EOP) is 230 Mil. Overall, Frontier Group Holdings has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Frontier Group Holdings' Shares Outstanding (EOP) compare to RJET and JBLU?
Frontier Group Holdings' Shares Outstanding (EOP) of 230 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Transportation company?
A good Shares Outstanding (EOP) depends on the Transportation industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Frontier Group Holdings and its competitors. Frontier Group Holdings's current Shares Outstanding (EOP) is 230 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Frontier Group Holdings (ULCC) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.54, compared to a current price of $7.81 — trading 40.9% above its estimated fair value. The current Shares Outstanding (EOP) is 230 Mil. Frontier Group Holdings' overall GF Score™ is 75/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Frontier Group Holdings (ULCC), the current Shares Outstanding (EOP) is 230 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Frontier Group Holdings (ULCC) Overvalued in 2026?
Based on GuruFocus' analysis, Frontier Group Holdings stock appears to be overvalued.
The current stock price of $7.81 is trading 40.9% above its estimated GF Value™ of $5.54.
GuruFocus considers Frontier Group Holdings to be Significantly Overvalued.
Key valuation signals for ULCC:
Shares Outstanding (EOP): 230 Mil
GF Value™: $5.54 vs. price of $7.81 (40.9% above fair value)
No single metric tells the full story. See the ULCC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frontier Group Holdings Inc is an ultra-low-cost carrier whose business is focused on Low Fares Done Right. The company owns a fleet of 120 Airbus single-aisle aircraft, consisting of 13 A320ceos, 82 A320neos, 21 A321ceos, and 4 A321neos. The use of these aircraft, their seating configuration, weight-saving tactics, and baggage process have all contributed to the ability to continue to be the fuel-efficient of all the U.S. The Company is managed as a single business unit that provides air transportation for passengers. The majority of revenue is from Domestic flight follow by International.
75GF Score
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