Frontier Communications Parent Inc (FYBR)
Pretax margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) | US$ in thousands | -346,000 | 117,000 | 599,000 | 4,905,000 | -486,000 |
Revenue | US$ in thousands | 5,873,000 | 5,751,000 | 5,787,000 | 6,411,000 | 7,155,000 |
Pretax margin | -5.89% | 2.03% | 10.35% | 76.51% | -6.79% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $-346,000K ÷ $5,873,000K
= -5.89%
Frontier Communications Parent Inc's pretax margin has exhibited significant fluctuations over the past five years. In 2020, the company reported a negative pretax margin of -6.79%, indicating that its expenses exceeded its pre-tax revenue. However, there was a substantial improvement in 2021, with a pretax margin of 76.51%, suggesting efficient cost management and strong revenue generation.
The following year, in 2022, the pretax margin decreased to 10.35%, but still remained positive, indicating profitability. The trend continued in 2023, with a pretax margin of 2.03%, albeit at a lower level. However, by 2024, the company's performance deteriorated, as evidenced by a negative pretax margin of -5.89%, possibly indicating challenges in controlling costs or generating sufficient revenue.
Overall, Frontier Communications Parent Inc's pretax margin has shown variability, with periods of both profitability and loss. It would be important for the company to focus on sustainable cost control measures and revenue growth strategies to improve its financial performance and ensure long-term viability.
Peer comparison
Dec 31, 2024