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.
Peer comparison
Dec 31, 2023