Frontier Communications Parent Inc (FYBR)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 492,000 | 592,000 | -72,000 | 959,000 | -4,873,000 |
| Revenue | US$ in thousands | 5,751,000 | 5,787,000 | 6,411,000 | 7,155,000 | 8,107,000 |
| Operating profit margin | 8.56% | 10.23% | -1.12% | 13.40% | -60.11% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $492,000K ÷ $5,751,000K
= 8.56%
Frontier Communications Parent Inc's operating profit margin has fluctuated over the past five years. In 2023, the operating profit margin stood at 8.56%, showing a decrease from the previous year's level of 10.23%. The company experienced a significant improvement in profitability in 2022 compared to the negative operating profit margin in 2021. The most notable increase was seen in 2020, where the operating profit margin reached 13.40%. However, this was preceded by a significant decline in profitability in 2019, with an operating profit margin of -60.11%.
Overall, the trend in Frontier Communications Parent Inc's operating profit margin indicates some inconsistency in the company's ability to generate profits from its core operations. Further analysis and investigation into the factors driving these fluctuations would be necessary to assess the company's operational efficiency and financial sustainability.
Peer comparison
Dec 31, 2023