Frontier Communications Parent Inc (FYBR)
Return on total capital
| 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 interest and tax (EBIT) (ttm) | US$ in thousands | 770,000 | 748,000 | 897,000 | 1,038,000 | 1,091,000 | 497,000 | 127,000 | 75,000 | 154,000 | 743,000 | 705,000 | 643,000 | 521,000 | 267,000 | -5,123,000 | -4,987,000 | -5,024,000 | -5,081,000 | 734,000 | 831,000 |
| Long-term debt | US$ in thousands | 11,246,000 | 11,258,000 | 9,829,000 | 9,839,000 | 9,110,000 | 9,120,000 | 9,130,000 | 7,957,000 | 7,968,000 | — | 10,949,000 | 10,949,000 | 10,949,000 | 10,949,000 | 17,511,000 | 16,308,000 | 16,305,000 | 16,357,000 | 16,526,000 | 16,358,000 |
| 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 |
| Return on total capital | 4.66% | 4.53% | 5.97% | 6.92% | 7.66% | 3.54% | 0.91% | 0.59% | 1.23% | 17.49% | 11.52% | 10.63% | 8.65% | 4.56% | -39.35% | -41.86% | -41.17% | -40.37% | 4.06% | 4.63% |
December 31, 2023 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $770,000K ÷ ($11,246,000K + $5,279,000K)
= 4.66%
Frontier Communications Parent Inc's return on total capital has shown fluctuating performance over the past few quarters. In the most recent quarter, the return on total capital was 4.66%, reflecting a slight increase from the previous quarter's 4.53%. This improvement may indicate better utilization of the company's total capital to generate profits.
Looking further back, there was a notable increase in return on total capital in the December 2021 quarter, reaching 17.49%, which suggests a period of strong efficiency in capital allocation and profit generation. However, this high was followed by a significant decline in the subsequent quarters, with negative returns recorded in the first two quarters of 2020.
The return on total capital for Frontier Communications Parent Inc has been volatile, with both positive and negative swings observed. It is essential for investors and stakeholders to monitor these trends closely to assess the company's ability to generate returns relative to its total capital employed. Further analysis and comparisons with industry peers may provide additional insights into the company's operational efficiency and financial health.
Peer comparison
Dec 31, 2023