Frontier Group Holdings
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Frontier Group Holdings's past years’ income statements indicate that its last revenue has increased compared to the previous period by 8% to $3,589,000,000. The net income raised on -$11,000,000 and profit margin reached 0%. Total operating expenses were $305,000,000.
Profit Margin
| 2014 | 1.59B | 140M | 8.79% |
|---|---|---|---|
| 2015 | 1.60B | 146M | 9.1% |
| 2016 | 1.71B | 200M | 11.67% |
| 2017 | 1.91B | 162M | 8.45% |
| 2018 | 2.15B | 80M | 3.71% |
| 2019 | 2.50B | 251M | 10.01% |
| 2020 | 1.25B | -225M | -18% |
| 2021 | 2.06B | -102M | -4.95% |
| 2022 | 3.32B | -37M | -1.11% |
| 2023 | 3.58B | -11M | -0.31% |
ULCC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 3.58B | 3.32B | 2.06B | 1.25B | 2.50B | 2.15B | 1.91B | 1.71B | 1.60B | 1.59B |
Cost of revenue | 3.23B | 3.04B | 2.26B | 1.64B | 2.00B | 1.78B | 1.57B | 1.19B | 1.13B | 1.17B |
Gross profit | 352M | 282M | -202M | -390M | 503M | 373M | 339M | 524M | 473M | 420M |
Operating exp. | ||||||||||
Research and development | 0 | 7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 164M | 164M | 109M | 78M | 130M | 110M | 0 | 72M | 79M | 87M |
Total operating expenses | 305M | 317M | -85M | -25M | 194M | 281M | 94M | 207M | 197M | 192M |
Operating income | -3M | -35M | -117M | -365M | 309M | 92M | 245M | 317M | 233M | 228M |
Other income (expenses), net | 35M | -10M | -27M | -7M | 16M | 13M | 3M | -1M | -5M | -4M |
Income before tax | 32M | -45M | -144M | -372M | 325M | 105M | 248M | 316M | 228M | 224M |
Income tax expense | 43M | -8M | -42M | -147M | 74M | 25M | 86M | 116M | 82M | 84M |
Net income | -11M | -37M | -102M | -225M | 251M | 80M | 162M | 200M | 146M | 140M |
Earnings per share | ||||||||||
Basic EPS | -0.05 | -0.17 | -0.47 | -1.05 | 1.1 | 0.37 | 0.75 | 0.93 | 0.68 | 0.65 |
Diluted EPS | -0.05 | -0.17 | -0.47 | -1.05 | 1.1 | 0.37 | 0.75 | 0.93 | 0.68 | 0.65 |
| Data source | Data source | Data source |