• Frontier Communications Parent average return on tangible equity for 2023 was 17.98, a 97.23% decline from 2022.
• Frontier Communications Parent average return on tangible equity for 2022 was 649.14, a 490.81% decline from 2021.
• Frontier Communications Parent average return on tangible equity for 2021 was -166.1, a 558.46% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.