Frontier Communications Parent Inc (FYBR)

Operating return on assets (Operating ROA)

		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
Total assets	US$ in thousands	20,693,000	18,624,000	16,481,000	16,795,000	17,488,000
Operating ROA		2.38%	3.18%	-0.44%	5.71%	-27.86%

December 31, 2023 calculation

Operating ROA = Operating income ÷ Total assets
= $492,000K ÷ $20,693,000K
= 2.38%

Frontier Communications Parent Inc's operating return on assets (ROA) has fluctuated over the past five years, indicating varying levels of operational efficiency and performance. In 2023, the operating ROA stood at 2.38%, showing a decline from the previous year's 3.18%. This decrease suggests that the company's ability to generate earnings from its assets may have weakened.

Comparing the trend over the five-year period, the company experienced negative operating ROA in 2021 at -0.44%, indicating that the company was not effectively utilizing its assets to generate profits during that year. However, there was a significant improvement in 2022 and 2023, with positive operating ROA figures of 3.18% and 2.38%, respectively.

The highest operating ROA of 5.71% was observed in 2020, indicating a relatively strong performance in leveraging its assets to generate operating income. Conversely, the lowest operating ROA of -27.86% was recorded in 2019, signaling a substantial decline and potential operational challenges during that period.

Overall, Frontier Communications Parent Inc's operating ROA trend reflects both positive and negative fluctuations, suggesting the company's varying levels of operational efficiency and asset utilization in recent years. Further analysis and consideration of other financial metrics would provide a more comprehensive assessment of the company's financial health and performance.