Frontier Communications Parent Inc (FYBR)
Operating return on assets (Operating ROA)
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 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating income (ttm) | US$ in thousands | 492,000 | 508,000 | 563,000 | 614,000 | 592,000 | 137,000 | -72,000 | 21,000 | 177,000 | 766,000 | 946,000 | 959,000 | 903,000 | 659,000 | -4,940,000 | -4,873,000 | -4,967,000 | -5,026,000 | 800,000 | 827,000 |
Total assets | US$ in thousands | 20,693,000 | 20,509,000 | 19,150,000 | 19,398,000 | 18,624,000 | 18,273,000 | 18,035,000 | 16,755,000 | 16,481,000 | 13,000,000 | 16,960,000 | 16,795,000 | 16,787,000 | 17,467,000 | 17,488,000 | 17,488,000 | 17,561,000 | 17,565,000 | 23,362,000 | 23,659,000 |
Operating ROA | 2.38% | 2.48% | 2.94% | 3.17% | 3.18% | 0.75% | -0.40% | 0.13% | 1.07% | 5.89% | 5.58% | 5.71% | 5.38% | 3.77% | -28.25% | -27.86% | -28.28% | -28.61% | 3.42% | 3.50% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $492,000K ÷ $20,693,000K
= 2.38%
The operating return on assets (Operating ROA) for Frontier Communications Parent Inc has displayed fluctuating performance over the past few quarters. In the most recent quarter, Dec 31, 2023, the operating ROA was 2.38%, which increased from the previous quarter's 2.48%. However, these figures are lower compared to the peak in Mar 31, 2021, where the operating ROA was 5.89%.
There was significant volatility in the operating ROA from Mar 31, 2020, to Jun 30, 2020, where it declined to negative values, indicating potential operational challenges. However, the company managed to improve its performance gradually, with positive trends observed from Dec 31, 2020, onwards.
It is essential for Frontier Communications Parent Inc to closely monitor and manage its operating ROA to ensure sustained profitability and efficiency in its asset utilization in the future.
Peer comparison
Dec 31, 2023