Frontier Communications Parent Inc (FYBR)
Return on equity (ROE)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 29,000 | 167,000 | 276,000 | 379,000 | 441,000 | -4,223,000 | -4,383,000 | -4,424,000 | -4,539,000 | -15,000 | -156,000 | -402,000 | -514,000 | -874,000 | -6,010,000 | -5,911,000 | -5,968,000 | -6,049,000 | -750,000 | -643,000 |
Total stockholders’ equity | US$ in thousands | 5,279,000 | 5,240,000 | 5,192,000 | 5,163,000 | 5,134,000 | 4,933,000 | 4,796,000 | 4,678,000 | 4,600,000 | 4,248,000 | -4,830,000 | -4,900,000 | -4,926,000 | -5,097,000 | -4,493,000 | -4,394,000 | -4,103,000 | -3,771,000 | 1,535,000 | 1,600,000 |
ROE | 0.55% | 3.19% | 5.32% | 7.34% | 8.59% | -85.61% | -91.39% | -94.57% | -98.67% | -0.35% | — | — | — | — | — | — | — | — | -48.86% | -40.19% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $29,000K ÷ $5,279,000K
= 0.55%
Frontier Communications Parent Inc's Return on Equity (ROE) has shown a fluctuating trend over the periods analyzed. The ROE has varied from negative figures, indicating losses being incurred, to positive figures, suggesting profitability. In recent quarters, the ROE has improved, showing a positive trend from 0.55% to 7.34% in the most recent period.
The negative ROE figures in some quarters, notably in 2022, indicate that the company was not generating sufficient profits relative to its shareholders' equity during those periods. This could be attributed to various factors such as operational inefficiencies, declining revenues, or high debt levels.
The significant improvement in ROE in the most recent quarters shows that Frontier Communications Parent Inc has been able to enhance its profitability and effectively utilize its shareholders' equity to generate returns. However, the ROE levels are still relatively low, suggesting that there is room for further improvement in efficiency and profitability within the company.
Overall, Frontier Communications Parent Inc's ROE analysis indicates both challenges and potential opportunities for the company to enhance its financial performance and create more value for its shareholders.
Peer comparison
Dec 31, 2023