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.


Peer comparison

Dec 31, 2023