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.
Peer comparison
Dec 31, 2024