Frontier Communications Parent Inc (FYBR)

Pretax margin

		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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	117,000	152,000	336,000	508,000	599,000	661,000	4,866,000	4,843,000	4,705,000	4,508,000	-130,000	-486,000	-679,000	-1,049,000	-6,662,000	-6,522,000	-6,556,000	-6,620,000	-807,000	-705,000
Revenue (ttm)	US$ in thousands	5,751,000	5,762,000	5,770,000	5,780,000	5,787,000	5,893,000	6,065,000	6,282,000	6,530,000	6,713,000	6,898,000	7,155,000	7,402,000	7,673,000	7,939,000	8,107,000	8,289,000	8,418,000	8,513,000	8,611,000
Pretax margin		2.03%	2.64%	5.82%	8.79%	10.35%	11.22%	80.23%	77.09%	72.05%	67.15%	-1.88%	-6.79%	-9.17%	-13.67%	-83.91%	-80.45%	-79.09%	-78.64%	-9.48%	-8.19%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $117,000K ÷ $5,751,000K
= 2.03%

The pretax margin of Frontier Communications Parent Inc has shown significant fluctuations over the periods presented.

In the latest period of Dec 31, 2023, the pretax margin stands at 2.03%, representing a decrease from the previous quarter. This indicates that for every dollar of revenue generated, the company is able to retain 2.03 cents before accounting for taxes and other expenses.

The trend over the past quarters shows a decline from the high levels seen in Jun 30, 2022, and Sep 30, 2022, where the pretax margin was exceptionally high at 80.23% and 77.09%, respectively. This substantial drop in profitability raises concerns about the company's ability to effectively manage costs and generate sustainable earnings.

The negative pretax margins in some quarters, such as Mar 31, 2020, Dec 31, 2019, and Sep 30, 2019, indicate that the company was operating at a loss before considering taxes during those periods.

Overall, the pretax margin trend of Frontier Communications Parent Inc shows variability and inconsistency, suggesting potential challenges in maintaining profitability and operational efficiency. Further analysis into the factors driving these fluctuations is necessary to assess the company's financial health and performance.