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Frontier Group HoldingsULCC +3.03%75 Debt-to-Equity is 38.54 as of Jun. 2026, which is 468% above its 10-year median of 6.79. GuruFocus rates ULCC with a GF Score™ of 75/100 and a GF Value™ of $5.78 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 908 Transportation companies, Frontier Group Holdings ranks worse than 99.89% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Frontier Group Holdings's Debt-to-Equity or its related term are showing as below:
ULCC'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.55 Med: 6.79 Max: 38.54
Current: 38.54
During the past 11 years, the highest Debt-to-Equity Ratio of Frontier Group Holdings was 38.54. The lowest was 0.55. And the median was 6.79.
ULCC's Debt-to-Equity is ranked worse than 99.89% of 908
companies
in the Transportation industry
Industry Median: 0.53
vs ULCC: 38.54
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Frontier Group Holdings Debt-to-Equity Related Terms
Frontier Group Holdings Debt-to-Equity 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-Equity Comparison
For the Airlines subindustry, Frontier Group Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Frontier Group Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Frontier Group Holdings's Debt-to-Equity 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.
Frontier Group Holdings (ULCC) has a Debt-to-Equity of 38.54 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Frontier Group Holdings and its competitors. This is 468% above median its historical median of 6.79. Over the past decade, Frontier Group Holdings' Debt-to-Equity has ranged from 0.55 to 38.54. According to the industry distribution chart, Frontier Group Holdings ranks #907 out of 908 companies in the Transportation industry, placing it in the top 99.9%.
Is Frontier Group Holdings' Debt-to-Equity too high?
Frontier Group Holdings' current Debt-to-Equity of 38.54 is 468% above median its 10-year median of 6.79. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 38.54. The Transportation industry median Debt-to-Equity is 0.53. Frontier Group Holdings' value of 38.54 is 7171.7% above this industry median. Based on the distribution chart, Frontier Group Holdings ranks #907 out of 908 companies in the Transportation industry, which is in the bottom quartile relative to peers. 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' Debt-to-Equity compare to RJET and JBLU?
According to the Transportation industry distribution chart, Frontier Group Holdings ranks #907 out of 908 companies for Debt-to-Equity. This places Frontier Group Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.53. Frontier Group Holdings' value of 38.54 is 7171.7% above this benchmark. Historically, Frontier Group Holdings' own Debt-to-Equity has ranged from 0.55 to 38.54 over the past decade. While the company's 10-year median is 6.79 vs. the industry median of 0.53, Frontier Group Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 908 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Frontier Group Holdings's current Debt-to-Equity of 38.54 is 7171.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Frontier Group Holdings and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontier Group Holdings's current Debt-to-Equity is 38.54, which is 468% above median its own 10-year median of 6.79. 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 $5.78, compared to a current price of $7.81 — trading 35.1% above its estimated fair value. The current Debt-to-Equity is 38.54, which is 468% above median its 10-year median of 6.79 and 7171.7% above the Transportation industry median of 0.53. Frontier Group Holdings' overall GF Score™ is 75/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Frontier Group Holdings (ULCC), the current Debt-to-Equity is 38.54 as of Jun. 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 35.1% above its estimated GF Value™ of $5.78.
GuruFocus considers Frontier Group Holdings to be Significantly Overvalued.
Key valuation signals for ULCC:
Debt-to-Equity: 38.54 (468% above median its 10-year median of 6.79)
GF Value™: $5.78 vs. price of $7.81 (35.1% above fair value)
Industry Position: 7171.7% above the Transportation median (#907 of 908)
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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