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.