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Frontier Communications Parent (Frontier Communications Parent) ROE % : 1.29% (As of Dec. 2023)


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What is Frontier Communications Parent ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Frontier Communications Parent's annualized net income for the quarter that ended in Dec. 2023 was $68 Mil. Frontier Communications Parent's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $5,260 Mil. Therefore, Frontier Communications Parent's annualized ROE % for the quarter that ended in Dec. 2023 was 1.29%.

The historical rank and industry rank for Frontier Communications Parent's ROE % or its related term are showing as below:

FYBR' s ROE % Range Over the Past 10 Years
Min: 0.56   Med: 4.81   Max: 9.06
Current: 0.56

During the past 5 years, Frontier Communications Parent's highest ROE % was 9.06%. The lowest was 0.56%. And the median was 4.81%.

FYBR's ROE % is ranked worse than
68.56% of 369 companies
in the Telecommunication Services industry
Industry Median: 6.98 vs FYBR: 0.56

Frontier Communications Parent ROE % Historical Data

The historical data trend for Frontier Communications Parent's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Frontier Communications Parent ROE % Chart

Frontier Communications Parent Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
- - - 9.06 0.56

Frontier Communications Parent Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.32 0.23 -0.15 0.84 1.29

Competitive Comparison of Frontier Communications Parent's ROE %

For the Telecom Services subindustry, Frontier Communications Parent's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Frontier Communications Parent's ROE % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Frontier Communications Parent's ROE % distribution charts can be found below:

* The bar in red indicates where Frontier Communications Parent's ROE % falls into.



Frontier Communications Parent ROE % Calculation

Frontier Communications Parent's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=29/( (5134+5279)/ 2 )
=29/5206.5
=0.56 %

Frontier Communications Parent's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=68/( (5240+5279)/ 2 )
=68/5259.5
=1.29 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Frontier Communications Parent  (NAS:FYBR) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=68/5259.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(68 / 5636)*(5636 / 20601)*(20601 / 5259.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.21 %*0.2736*3.9169
=ROA %*Equity Multiplier
=0.33 %*3.9169
=1.29 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=68/5259.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (68 / 416) * (416 / 580) * (580 / 5636) * (5636 / 20601) * (20601 / 5259.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.1635 * 0.7172 * 10.29 % * 0.2736 * 3.9169
=1.29 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Frontier Communications Parent ROE % Related Terms

Thank you for viewing the detailed overview of Frontier Communications Parent's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Frontier Communications Parent (Frontier Communications Parent) Business Description

Traded in Other Exchanges
N/A
Address
401 Merritt 7, Norwalk, CT, USA, 06851
Frontier Communications Parent Inc offers a variety of services to residential and business customers over its fiber-optic and copper networks, including video, high-speed internet, advanced voice, and Frontier Secure digital protection solutions. It offers communications solutions to small, medium, and enterprise businesses.
Executives
Ares Management Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii Frontier Holdings 2 L.p. 10 percent owner C/O ASOF INVESTMENT MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii Frontier Holdings 5 L.p. 10 percent owner C/O ASOF INVESTMENT MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii Frontier Holdings 4 L.p. 10 percent owner C/O ASOF INVESTMENT MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii Frontier Holdings 3 L.p. 10 percent owner C/O ASOF INVESTMENT MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii Frontier Holdings 1 L.p. 10 percent owner C/O ASOF INVESTMENT MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii Frontier Holdings 6 L.p. 10 percent owner C/O ASOF INVESTMENT MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii A (de) Frontier Holdings 2 L.p. 10 percent owner C/O ASOF INVESTMENT MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii A (de) Frontier Holdings 1 L.p. 10 percent owner C/O ASOF INVESTMENT MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Asof Ii Frontier Holdings 7 L.p. 10 percent owner C/O ASOF INVESTMENT MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
William Mcgloin officer: Chief Accounting Officer C/O FRONTIER COMMUNICATIONS PARENT, INC., 401 MERRITT 7, NORWALK CT 06851
John G Stratton director, officer: Executive Chairman 1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Charlon Mcintosh officer: See Remarks C/O FRONTIER COMMUNICATIONS PARENT, INC., 401 MERRITT 7, NORWALK CT 06851
Melissa Pint officer: Chief Digital Info. Officer C/O FRONTIER COMMUNICATIONS PARENT, INC., 401 MERRITT 7, NORWALK CT 06851
Margaret Mary Smyth director PO BOX 33428, ST. PAUL MN 55133