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A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Frontier Group Holdings's Debt-to-EBITDA or its related term are showing as below:
ULCC'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -170.72 Med: 0.81 Max: 292.8
Current: -19.8
During the past 11 years, the highest Debt-to-EBITDA Ratio of Frontier Group Holdings was 292.80. The lowest was -170.72. And the median was 0.81.
ULCC's Debt-to-EBITDA is ranked worse than 100% of 871
companies
in the Transportation industry
Industry Median: 2.65
vs ULCC: -19.80
Frontier Group Holdings (NAS:ULCC) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Frontier Group Holdings Debt-to-EBITDA Related Terms
Frontier Group Holdings Debt-to-EBITDA Historical Data
* 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.
ULCC vs RJET, JBLU, HRBR: Debt-to-EBITDA Comparison
For the Airlines subindustry, Frontier Group Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, Frontier Group Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Frontier Group Holdings's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Frontier Group Holdings (ULCC) has a Debt-to-EBITDA of -5.21 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Frontier Group Holdings. According to the industry distribution chart, Frontier Group Holdings ranks #999999 out of 871 companies in the Transportation industry.
Is Frontier Group Holdings' Debt-to-EBITDA too high?
Frontier Group Holdings' current Debt-to-EBITDA is -5.21. Based on the distribution chart, Frontier Group Holdings ranks #999999 out of 871 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Frontier Group Holdings has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Frontier Group Holdings' Debt-to-EBITDA compare to RJET and JBLU?
According to the Transportation industry distribution chart, Frontier Group Holdings ranks #999999 out of 871 companies for Debt-to-EBITDA. This places Frontier Group Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 2.65. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.65, based on 871 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Frontier Group Holdings. For the Transportation industry, the median Debt-to-EBITDA is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontier Group Holdings's current Debt-to-EBITDA is -5.21. 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 Fairly Valued. The stock's GF Value™ is $5.72, compared to a current price of $6.23 — trading 8.9% above its estimated fair value. The current Debt-to-EBITDA is -5.21. Frontier Group Holdings' overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Frontier Group Holdings (ULCC), the current Debt-to-EBITDA is -5.21 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 $6.23 is trading 8.9% above its estimated GF Value™ of $5.72.
GuruFocus considers Frontier Group Holdings to be Fairly Valued.
Key valuation signals for ULCC:
Debt-to-EBITDA: -5.21
GF Value™: $5.72 vs. price of $6.23 (8.9% 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.
77GF Score
Get the complete analysis for ULCC
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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