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