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Passenger Load Factor % is an indicator which measures the capacity utilization of airlines to assess how efficiently the airline fills seats and generates fare revenue.
Frontier Group Holdings's Passenger Load Factor % for the quarter that ended in Mar. 2026 was 78.40%
, which is lower than
78.90% for the pervious quarter ended in Dec. 2025.
Frontier Group Holdings's Passenger Load Factor % for the annual that ended in Dec. 2025 was 78.40%
, which is higher than
76.80% for the pervious year ended in Dec. 2024.
The historical rank and industry rank for Frontier Group Holdings's Passenger Load Factor % or its related term are showing as below:
ULCC's Passenger Load Factor % is not ranked *
in the Transportation industry.
Industry Median: * Ranked among companies with meaningful Passenger Load Factor % only.
Frontier Group Holdings (NAS:ULCC) Passenger Load Factor % Explanation
Passenger Load Factor % measures the percentage of available seating capacity that has been filled by passengers. A high load factor indicates that the airline has sold most available seats and is preferred over a low load factor.
The load factor helps investors and management determine how well an airline generates sales, covers expenses, and remains profitable. Since airlines have thin profit margins and high costs, a high load factor is essential to an airline’s success.
Another measurement of load factor is Breakeven Load Factor %, which is often used in strategic planning for airlines. An airline wishing to attract low-budget customers with cheap tickets will likely need a higher load factor to stay profitable and thus, may need aircraft designed to carry more passengers. The airline could also pursue high-quality service and customer experiences by charging more per ticket and offering fewer seats.
Frontier Group Holdings Passenger Load Factor % Related Terms
Frontier Group Holdings Passenger Load Factor % Historical Data
* Premium members only.
The historical data trend for Frontier Group Holdings's Passenger Load Factor % 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 Passenger Load Factor % Chart
ULCC vs JBLU, RJET, ALGT: Passenger Load Factor % Comparison
For the Airlines subindustry, Frontier Group Holdings's Passenger Load Factor %, along with its competitors' market caps and Passenger Load Factor % 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 (NAS:ULCC) Passenger Load Factor % Calculation
Passenger Load Factor % is calculated as
Passenger Load Factor %
=
Passenger Miles Travelled
/
Available Seat Miles
* 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.
Frequently Asked Questions
What does a Passenger Load Factor % of 78.40% mean?
Frontier Group Holdings (ULCC) has a Passenger Load Factor % of 78.40% as of Mar. 2026. Passenger Load Factor is an indicator which measures the capacity utilization of airlines to assess how efficiently the airline fills seats and generates fare revenue. View historical data on Frontier Group Holdings and its competitors.
Is Frontier Group Holdings' Passenger Load Factor % too high?
Frontier Group Holdings' current Passenger Load Factor % is 78.40%. 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' Passenger Load Factor % compare to JBLU and RJET?
Frontier Group Holdings' Passenger Load Factor % of 78.40% 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 Passenger Load Factor % for a Transportation company?
A good Passenger Load Factor % depends on the Transportation industry context. However, Passenger Load Factor % 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 Passenger Load Factor % mean?
A high Passenger Load Factor % can signal that a stock is expensive relative to its fundamentals. Passenger Load Factor is an indicator which measures the capacity utilization of airlines to assess how efficiently the airline fills seats and generates fare revenue. View historical data on Frontier Group Holdings and its competitors. Frontier Group Holdings's current Passenger Load Factor % is 78.40%. 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 $5.67, compared to a current price of $6.23 — trading 9.9% above its estimated fair value. The current Passenger Load Factor % is 78.40%. 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 Passenger Load Factor % calculated?
Passenger Load Factor % is calculated from a company's financial statements. For Frontier Group Holdings (ULCC), the current Passenger Load Factor % is 78.40% 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 9.9% above its estimated GF Value™ of $5.67.
GuruFocus considers Frontier Group Holdings to be Fairly Valued.
Key valuation signals for ULCC:
Passenger Load Factor %: 78.40%
GF Value™: $5.67 vs. price of $6.23 (9.9% 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
Passenger Load Factor % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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