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Frontier Communications Parent (Frontier Communications Parent) Gross Margin % : 63.80% (As of Dec. 2023)


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What is Frontier Communications Parent Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Frontier Communications Parent's Gross Profit for the three months ended in Dec. 2023 was $899 Mil. Frontier Communications Parent's Revenue for the three months ended in Dec. 2023 was $1,409 Mil. Therefore, Frontier Communications Parent's Gross Margin % for the quarter that ended in Dec. 2023 was 63.80%.


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

FYBR' s Gross Margin % Range Over the Past 10 Years
Min: 62.17   Med: 62.27   Max: 62.56
Current: 62.56


During the past 5 years, the highest Gross Margin % of Frontier Communications Parent was 62.56%. The lowest was 62.17%. And the median was 62.27%.

FYBR's Gross Margin % is ranked better than
70.37% of 351 companies
in the Telecommunication Services industry
Industry Median: 49.08 vs FYBR: 62.56

Frontier Communications Parent had a gross margin of 63.80% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Frontier Communications Parent was 0.00% per year.


Frontier Communications Parent Gross Margin % Historical Data

The historical data trend for Frontier Communications Parent's Gross Margin % 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 Gross Margin % Chart

Frontier Communications Parent Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
62.29 62.25 - 62.17 62.56

Frontier Communications Parent Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 63.04 61.78 63.03 61.65 63.80

Competitive Comparison of Frontier Communications Parent's Gross Margin %

For the Telecom Services subindustry, Frontier Communications Parent's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % Distribution in the Telecommunication Services Industry

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

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



Frontier Communications Parent Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Frontier Communications Parent's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=3551 / 5676
=(Revenue - Cost of Goods Sold) / Revenue
=(5676 - 2125) / 5676
=62.56 %

Frontier Communications Parent's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=899 / 1409
=(Revenue - Cost of Goods Sold) / Revenue
=(1409 - 510) / 1409
=63.80 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Frontier Communications Parent  (NAS:FYBR) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Frontier Communications Parent had a gross margin of 63.80% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Frontier Communications Parent Gross Margin % Related Terms

Thank you for viewing the detailed overview of Frontier Communications Parent's Gross Margin % 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