Is Frontier Group Holdings, Inc. (ULCC) Halal?

NASDAQ Industrials United States $811M
✗ NOT HALAL
Confidence: 90/100
Frontier Group Holdings, Inc. (ULCC) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 657.3% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Frontier Group Holdings, Inc. operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 657.3%
/ 30%
80.7%
/ 30%
12.0%
/ 30%
0.7%
/ 5%
✗ NOT HALAL
DJIM 657.3%
/ 33%
80.7%
/ 33%
12.0%
/ 33%
0.7%
/ 5%
✗ NOT HALAL
MSCI 75.7%
/ 33%
9.3%
/ 33%
1.4%
/ 33%
0.7%
/ 5%
✗ NOT HALAL
S&P 657.3%
/ 33%
80.7%
/ 33%
12.0%
/ 33%
0.7%
/ 5%
✗ NOT HALAL
FTSE 75.7%
/ 33%
9.3%
/ 33%
1.4%
/ 50%
0.7%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.60
P/B Ratio
1.6
EV/EBITDA
-15.6
EV: $5.6B
Revenue
$3.7B
Growth: -0.5%
Beta
2.6
High volatility
Current Ratio
0.5

Profitability

Gross Margin 2.8%
Operating Margin -9.6%
Net Margin -3.7%
Return on Equity (ROE) -25.0%
Return on Assets (ROA) -4.2%

Cash Flow & Balance Sheet

Operating Cash Flow-$525M
Free Cash Flow-$624M
Total Debt$5.5B
Debt-to-Equity1112.6
Current Ratio0.5
Total Assets$7.2B

Price & Trading

Last Close$3.69
50-Day MA$4.55
200-Day MA$4.46
Avg Volume3.9M
Beta2.6
52-Week Range
$2.89
$6.66

About Frontier Group Holdings, Inc. (ULCC)

CEO
Mr. James G. Dempsey
Employees
7,656
Sector
Industrials
Industry
Airlines
Country
United States
Exchange
NASDAQ
Market Cap
$811M
Currency
USD

Frontier Group Holdings, Inc., provides low-fare passenger airline services to leisure travelers in the United States and Latin America. The company sells its products through direct distribution channels, such as websites, mobile apps, and contact centers. As of December 31, 2025, it had a fleet of 176 Airbus single-aisle aircraft. Frontier Group Holdings, Inc. was founded in 1994 and is headquartered in Denver, Colorado.

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Frequently Asked Questions

Is Frontier Group Holdings, Inc. (ULCC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Frontier Group Holdings, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Frontier Group Holdings, Inc.'s debt ratio?

Frontier Group Holdings, Inc.'s debt ratio is 657.3% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 75.7%.

What are Frontier Group Holdings, Inc.'s key financial metrics?

Frontier Group Holdings, Inc. has a market capitalization of $811M, and revenue of $3.7B. The company maintains a gross margin of 2.8% and a net margin of -3.7%. Return on equity stands at -25.0%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.