Frontier Communications Parent Inc (FYBR)

Gross profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Gross profit (ttm) US$ in thousands 1,642,506 2,182,000 2,535,000 2,890,000 3,236,000 3,606,000 3,612,000 3,604,000 3,600,000 3,686,000 3,790,000 4,678,000 4,840,000 4,909,000 4,992,000 4,307,000 4,454,000 -3,506,000 -3,349,000 -3,161,000
Revenue (ttm) US$ in thousands 4,414,506 5,839,000 5,789,000 5,758,000 5,736,000 5,747,000 5,752,000 5,762,000 5,769,000 5,875,000 6,025,000 6,182,000 6,411,000 6,563,000 6,713,000 6,898,000 7,155,000 -705,000 -434,000 -168,000
Gross profit margin 37.21% 37.37% 43.79% 50.19% 56.42% 62.75% 62.80% 62.55% 62.40% 62.74% 62.90% 75.67% 75.50% 74.80% 74.36% 62.44% 62.25%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,642,506K ÷ $4,414,506K
= 37.21%

The gross profit margin of Frontier Communications Parent Inc has displayed fluctuations over the period from March 31, 2020, to December 31, 2024. The margin remained stable from March 2020 to December 2021, ranging between 62.25% and 75.50%. There was a notable increase in the margin starting in June 2021, reaching a peak of 75.67% by March 31, 2022.

However, from June 2022 onwards, the gross profit margin began to decline, dropping to 56.42% by December 31, 2023, and further decreasing to 37.21% by the end of December 31, 2024. This decline suggests a decrease in profitability relative to revenue during this period. It would be essential for management to investigate the factors leading to this decline and take necessary actions to improve the profitability of the company.