Frontier Communications Parent Inc (FYBR)

Return on assets (ROA)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Net income (ttm) US$ in thousands -204,118 -187,000 -94,000 27,000 29,000 167,000 276,000 379,000 441,000 475,000 481,000 4,960,000 4,955,000 4,716,000 4,605,000 -156,000 -402,000 5,952,000 5,571,000 -99,000
Total assets US$ in thousands 20,614 20,859,000 20,194,000 20,197,000 21,613,000 20,509,000 19,150,000 19,398,000 18,624,000 18,273,000 18,035,000 16,755,000 16,481,000 15,388,000 15,102,000 16,960,000 16,795,000 16,787,000 17,467,000 17,488,000
ROA -990.19% -0.90% -0.47% 0.13% 0.13% 0.81% 1.44% 1.95% 2.37% 2.60% 2.67% 29.60% 30.06% 30.65% 30.49% -0.92% -2.39% 35.46% 31.89% -0.57%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $-204,118K ÷ $20,614K
= -990.19%

Frontier Communications Parent Inc's return on assets (ROA) has experienced significant fluctuations over the analyzed period. In the second quarter of 2020, the ROA showed a remarkable improvement, reaching 31.89%. This positive trend continued throughout the latter part of 2020 and into the first half of 2021, with ROA figures consistently above 30%.

However, starting from the second quarter of 2022, there was a sharp decline in ROA, dropping to 2.67% by the end of June 2022. This downward trend continued into the following quarters, reaching 0.13% by the end of March 2024.

The most notable decline occurred in the fourth quarter of 2024 when the ROA plummeted to a negative 990.19%. Such a drastic decrease indicates a significant loss compared to the assets held by the company.

In conclusion, Frontier Communications Parent Inc's ROA has shown a mix of positive and negative performance trends over the analyzed period, with periods of strong profitability followed by substantial declines. These fluctuations may suggest challenges in effectively utilizing assets to generate profits and indicate the need for a thorough review of the company's asset management strategies.