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Side-by-side financial comparison of Kimco Realty (KIM) and Frontier Group Holdings, Inc. (ULCC). Click either name above to swap in a different company.
Frontier Group Holdings, Inc. is the larger business by last-quarter revenue ($997.0M vs $542.5M, roughly 1.8× Kimco Realty). Kimco Realty runs the higher net margin — 27.9% vs 5.3%, a 22.6% gap on every dollar of revenue. On growth, Kimco Realty posted the faster year-over-year revenue change (3.2% vs -0.5%). Over the past eight quarters, Frontier Group Holdings, Inc.'s revenue compounded faster (7.4% CAGR vs 3.8%).
Kimco Realty Corporation, headquartered in Jericho, New York, is a real estate investment trust that invests in shopping centers.
Frontier Communications Parent, Inc. is an American telecommunications company with a fiber-optic network and cloud-based services owned by Verizon. It was previously known as Citizens Utilities Co., Citizens Communications Co., and Frontier Communications Corp.
KIM vs ULCC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $542.5M | $997.0M |
| Net Profit | $151.2M | $53.0M |
| Gross Margin | — | — |
| Operating Margin | 36.4% | 4.9% |
| Net Margin | 27.9% | 5.3% |
| Revenue YoY | 3.2% | -0.5% |
| Net Profit YoY | -9.0% | -1.9% |
| EPS (diluted) | — | $0.24 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $542.5M | $997.0M | ||
| Q3 25 | $535.9M | $886.0M | ||
| Q2 25 | $525.2M | $929.0M | ||
| Q1 25 | $536.6M | $912.0M | ||
| Q4 24 | $525.4M | $1.0B | ||
| Q3 24 | $507.6M | $935.0M | ||
| Q2 24 | $500.2M | $973.0M | ||
| Q1 24 | $503.8M | $865.0M |
| Q4 25 | $151.2M | $53.0M | ||
| Q3 25 | $137.8M | $-77.0M | ||
| Q2 25 | $163.0M | $-70.0M | ||
| Q1 25 | $132.8M | $-43.0M | ||
| Q4 24 | $166.0M | $54.0M | ||
| Q3 24 | $136.0M | $26.0M | ||
| Q2 24 | $119.7M | $31.0M | ||
| Q1 24 | $-11.0M | $-26.0M |
| Q4 25 | 36.4% | 4.9% | ||
| Q3 25 | 34.9% | -8.7% | ||
| Q2 25 | 39.2% | -8.1% | ||
| Q1 25 | 33.6% | -5.0% | ||
| Q4 24 | 31.7% | 4.5% | ||
| Q3 24 | 33.7% | 2.0% | ||
| Q2 24 | 32.1% | 2.6% | ||
| Q1 24 | 25.9% | -3.6% |
| Q4 25 | 27.9% | 5.3% | ||
| Q3 25 | 25.7% | -8.7% | ||
| Q2 25 | 31.0% | -7.5% | ||
| Q1 25 | 24.8% | -4.7% | ||
| Q4 24 | 31.6% | 5.4% | ||
| Q3 24 | 26.8% | 2.8% | ||
| Q2 24 | 23.9% | 3.2% | ||
| Q1 24 | -2.2% | -3.0% |
| Q4 25 | — | $0.24 | ||
| Q3 25 | — | $-0.34 | ||
| Q2 25 | — | $-0.31 | ||
| Q1 25 | — | $-0.19 | ||
| Q4 24 | — | $0.24 | ||
| Q3 24 | — | $0.11 | ||
| Q2 24 | — | $0.14 | ||
| Q1 24 | — | $-0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $211.6M | $671.0M |
| Total DebtLower is stronger | $7.7B | $620.0M |
| Stockholders' EquityBook value | $10.4B | $491.0M |
| Total Assets | $19.7B | $7.2B |
| Debt / EquityLower = less leverage | 0.74× | 1.26× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $211.6M | $671.0M | ||
| Q3 25 | $159.3M | $566.0M | ||
| Q2 25 | $226.6M | $563.0M | ||
| Q1 25 | $131.3M | $686.0M | ||
| Q4 24 | $688.6M | $740.0M | ||
| Q3 24 | $789.0M | $576.0M | ||
| Q2 24 | $126.4M | $658.0M | ||
| Q1 24 | $133.4M | $622.0M |
| Q4 25 | $7.7B | $620.0M | ||
| Q3 25 | — | $673.0M | ||
| Q2 25 | — | $565.0M | ||
| Q1 25 | — | $512.0M | ||
| Q4 24 | $8.0B | $507.0M | ||
| Q3 24 | — | $474.0M | ||
| Q2 24 | — | $455.0M | ||
| Q1 24 | — | $469.0M |
| Q4 25 | $10.4B | $491.0M | ||
| Q3 25 | $10.5B | $434.0M | ||
| Q2 25 | $10.5B | $506.0M | ||
| Q1 25 | $10.6B | $570.0M | ||
| Q4 24 | $10.7B | $604.0M | ||
| Q3 24 | $10.5B | $549.0M | ||
| Q2 24 | $10.6B | $520.0M | ||
| Q1 24 | $10.6B | $484.0M |
| Q4 25 | $19.7B | $7.2B | ||
| Q3 25 | $19.9B | $6.7B | ||
| Q2 25 | $19.8B | $6.5B | ||
| Q1 25 | $19.7B | $6.5B | ||
| Q4 24 | $20.3B | $6.2B | ||
| Q3 24 | $20.1B | $5.8B | ||
| Q2 24 | $19.5B | $5.7B | ||
| Q1 24 | $19.5B | $5.2B |
| Q4 25 | 0.74× | 1.26× | ||
| Q3 25 | — | 1.55× | ||
| Q2 25 | — | 1.12× | ||
| Q1 25 | — | 0.90× | ||
| Q4 24 | 0.75× | 0.84× | ||
| Q3 24 | — | 0.86× | ||
| Q2 24 | — | 0.88× | ||
| Q1 24 | — | 0.97× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $258.4M | $-91.0M |
| Free Cash FlowOCF − Capex | — | $-113.0M |
| FCF MarginFCF / Revenue | — | -11.3% |
| Capex IntensityCapex / Revenue | 0.0% | 2.2% |
| Cash ConversionOCF / Net Profit | 1.71× | -1.72× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-600.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $258.4M | $-91.0M | ||
| Q3 25 | $332.4M | $-215.0M | ||
| Q2 25 | $305.4M | $-133.0M | ||
| Q1 25 | $223.8M | $-86.0M | ||
| Q4 24 | $239.5M | $87.0M | ||
| Q3 24 | $295.9M | $-156.0M | ||
| Q2 24 | $294.1M | $9.0M | ||
| Q1 24 | $176.1M | $-22.0M |
| Q4 25 | — | $-113.0M | ||
| Q3 25 | — | $-217.0M | ||
| Q2 25 | — | $-166.0M | ||
| Q1 25 | $205.4M | $-104.0M | ||
| Q4 24 | — | $73.0M | ||
| Q3 24 | — | $-170.0M | ||
| Q2 24 | — | $-22.0M | ||
| Q1 24 | — | $-39.0M |
| Q4 25 | — | -11.3% | ||
| Q3 25 | — | -24.5% | ||
| Q2 25 | — | -17.9% | ||
| Q1 25 | 38.3% | -11.4% | ||
| Q4 24 | — | 7.3% | ||
| Q3 24 | — | -18.2% | ||
| Q2 24 | — | -2.3% | ||
| Q1 24 | — | -4.5% |
| Q4 25 | 0.0% | 2.2% | ||
| Q3 25 | 0.0% | 0.2% | ||
| Q2 25 | 0.0% | 3.6% | ||
| Q1 25 | 3.4% | 2.0% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 3.2% | ||
| Q1 24 | — | 2.0% |
| Q4 25 | 1.71× | -1.72× | ||
| Q3 25 | 2.41× | — | ||
| Q2 25 | 1.87× | — | ||
| Q1 25 | 1.69× | — | ||
| Q4 24 | 1.44× | 1.61× | ||
| Q3 24 | 2.18× | -6.00× | ||
| Q2 24 | 2.46× | 0.29× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KIM
Segment breakdown not available.
ULCC
| Aircraft Fare | $453.0M | 45% |
| Passenger Service Fees | $227.0M | 23% |
| Passenger Baggage | $177.0M | 18% |
| Passenger Seat Selection | $69.0M | 7% |
| Other Passenger Revenue | $36.0M | 4% |
| Other | $35.0M | 4% |
