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.