Frontdoor, Inc. - Understand $ftdr stock

$FTDR Market Cap: $4.503 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$1.826B

TTM

Gross Margin

53.27%

TTM

Net Earnings

$234.0M

TTM

Current Assets

$484.0M

Q3 2024

Current Liabilities

$341.0M

Q3 2024

Current Ratio

141.94%

Q3 2024

Total Assets

$1.217B

Q3 2024

Total Liabilities

$347.0M

Q3 2024

Book Value

$870.0M

Q3 2024

Cash

$375.0M

Q3 2024

P/E

19.24

Nov 29, 2024 EST

Free Cash Flow

$236.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$1.780B	$1.662B	$1.602B	$1.474B	$1.365B	$1.258B	$1.157B	$1.020B	$917.0M
YoY Change	7.1%	3.75%	8.68%	7.99%	8.51%	8.73%	13.43%	11.23%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$1.780B	$1.662B	$1.602B	$1.474B	$1.365B	$1.258B	$1.157B	$1.020B	$917.0M
Cost Of Revenue	$895.0M	$952.0M	$818.0M	$758.0M	$687.0M	$686.0M	$589.0M	$526.0M	$468.0M
Gross Profit	$885.0M	$710.0M	$784.0M	$716.0M	$678.0M	$572.0M	$567.0M	$494.0M	$449.0M
Gross Profit Margin	49.72%	42.72%	48.94%	48.58%	49.67%	45.47%	49.01%	48.43%	48.96%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Selling, General & Admin	$581.0M	$521.0M	$511.0M	$467.0M	$392.0M	$338.0M	$312.0M	$286.0M	$256.0M
YoY Change	11.52%	1.96%	9.42%	19.13%	15.98%	8.33%	9.09%	11.72%
% of Gross Profit	65.65%	73.38%	65.18%	65.22%	57.82%	59.09%	55.03%	57.89%	57.02%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$32.00M	$27.00M	$24.00M	$22.00M	$18.00M	$12.00M	$9.000M	$8.000M	$9.000M
YoY Change	18.52%	12.5%	9.09%	22.22%	50.0%	33.33%	12.5%	-11.11%
% of Gross Profit	3.62%	3.8%	3.06%	3.07%	2.65%	2.1%	1.59%	1.62%	2.0%
Operating Expenses	$581.0M	$521.0M	$511.0M	$467.0M	$392.0M	$338.0M	$312.0M	$286.0M	$268.0M
YoY Change	11.52%	1.96%	9.42%	19.13%	15.98%	8.33%	9.09%	6.72%
Operating Profit	$304.0M	$189.0M	$273.0M	$249.0M	$286.0M	$234.0M	$255.0M	$208.0M	$181.0M
YoY Change	60.85%	-30.77%	9.64%	-12.94%	22.22%	-8.24%	22.6%	14.92%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense	$40.00M	$31.00M	$39.00M	$57.00M	$62.00M	$23.00M	$1.000M	$7.000M	$8.000M
YoY Change	29.03%	-20.51%	-31.58%	-8.06%	169.57%	2200.0%	-85.71%	-12.5%
% of Operating Profit	13.16%	16.4%	14.29%	22.89%	21.68%	9.83%	0.39%	3.37%	4.42%
Other Income/Expense, Net	$2.000M	-$1.000M	$2.000M			-$1.000M
YoY Change	-300.0%	-150.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Pretax Income	$229.0M	$93.00M	$168.0M	$149.0M	$204.0M	$166.0M	$220.0M	$196.0M	$189.0M
YoY Change	146.24%	-44.64%	12.75%	-26.96%	22.89%	-24.55%	12.24%	3.7%
Income Tax	$57.00M	$22.00M	$39.00M	$37.00M	$51.00M	$42.00M	$60.00M	$71.00M	$69.00M
% Of Pretax Income	24.89%	23.66%	23.21%	24.83%	25.0%	25.3%	27.27%	36.22%	36.51%
Net Earnings	$171.0M	$71.00M	$128.0M	$112.0M	$153.0M	$125.0M	$160.0M	$124.0M	$120.0M
YoY Change	140.85%	-44.53%	14.29%	-26.8%	22.4%	-21.88%	29.03%	3.33%
Net Earnings / Revenue	9.61%	4.27%	7.99%	7.6%	11.21%	9.94%	13.83%	12.16%	13.09%
Basic Earnings Per Share	$2.13	$0.87	$1.51	$1.32	$1.81	$1.47	$1.90	$1.47
Diluted Earnings Per Share	$2.12	$0.87	$1.50	$1.31	$1.80	$1.47	$1.90	$1.47	$1.420M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments	$325.0M	$292.0M	$262.0M	$597.0M	$435.0M	$305.0M	$307.0M	$193.0M
YoY Change	11.3%	11.45%	-56.11%	37.24%	42.62%	-0.65%	59.07%
Cash & Equivalents	$325.0M	$292.0M	$262.0M	$597.0M	$428.0M	$296.0M	$282.0M	$168.0M
Short-Term Investments				$0.00	$7.000M	$9.000M	$25.00M	$25.00M
Other Short-Term Assets	$32.00M	$33.00M	$26.00M	$24.00M	$15.00M	$13.00M	$28.00M	$29.00M
YoY Change	-3.03%	26.92%	8.33%	60.0%	15.38%	-53.57%	-3.45%
Inventory
Prepaid Expenses
Receivables	$6.000M	$5.000M	$7.000M	$5.000M	$11.00M	$12.00M	$406.0M	$372.0M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$363.0M	$330.0M	$295.0M	$626.0M	$461.0M	$330.0M	$741.0M	$594.0M
YoY Change	10.0%	11.86%	-52.88%	35.79%	39.7%	-55.47%	24.75%
Property, Plant & Equipment	$63.00M	$77.00M	$83.00M	$75.00M	$68.00M	$47.00M	$31.00M	$24.00M
YoY Change	-18.18%	-7.23%	10.67%	10.29%	44.68%	51.61%	29.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments						$0.00	$2.000M	$5.000M
YoY Change						-100.0%	-60.0%
Other Assets	$17.00M	$24.00M	$20.00M	$22.00M	$29.00M	$30.00M	$1.000M	$5.000M
YoY Change	-29.17%	20.0%	-9.09%	-24.14%	-3.33%	2900.0%	-80.0%
Total Long-Term Assets	$726.0M	$752.0M	$774.0M	$779.0M	$789.0M	$711.0M	$675.0M	$682.0M
YoY Change	-3.46%	-2.84%	-0.64%	-1.27%	10.97%	5.33%	-1.03%
Total Assets	$1.089B	$1.082B	$1.069B	$1.405B	$1.250B	$1.041B	$1.416B	$1.276B
YoY Change
Accounts Payable	$76.00M	$80.00M	$66.00M	$55.00M	$48.00M	$41.00M	$33.00M	$28.00M
YoY Change	-5.0%	21.21%	20.0%	14.58%	17.07%	24.24%	17.86%
Accrued Expenses	$136.0M	$146.0M	$140.0M	$154.0M	$116.0M	$112.0M	$91.00M	$82.00M
YoY Change	-6.85%	4.29%	-9.09%	32.76%	3.57%	23.08%	10.98%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$17.00M	$17.00M	$17.00M	$7.000M	$7.000M	$7.000M	$9.000M	$4.000M
YoY Change	0.0%	0.0%	142.86%	0.0%	0.0%	-22.22%	125.0%
Total Short-Term Liabilities	$331.0M	$364.0M	$378.0M	$403.0M	$364.0M	$345.0M	$705.0M	$641.0M
YoY Change	-9.07%	-3.7%	-6.2%	10.71%	5.51%	-51.06%	9.98%
Long-Term Debt	$577.0M	$592.0M	$608.0M	$968.0M	$973.0M	$977.0M	$0.00	$10.00M
YoY Change	-2.53%	-2.63%	-37.19%	-0.51%	-0.41%		-100.0%
Other Long-Term Liabilities	$20.00M	$26.00M	$40.00M	$57.00M	$47.00M	$24.00M	$12.00M	$9.000M
YoY Change	-23.08%	-35.0%	-29.82%	21.28%	95.83%	100.0%	33.33%
Total Long-Term Liabilities	$597.0M	$618.0M	$648.0M	$1.025B	$1.020B	$1.001B	$12.00M	$19.00M
YoY Change	-3.4%	-4.63%	-36.78%	0.49%	1.9%	8241.67%	-36.84%
Total Liabilities	$953.0M	$1.021B	$1.067B	$1.466B	$1.429B	$1.385B	$755.0M	$716.0M
YoY Change	-6.66%	-4.31%	-27.22%	2.59%	3.18%	83.44%	5.45%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Basic Shares Outstanding	80.50M	81.80M	85.10M	85.20M	84.70M	84.50M	84.50M	84.50M
Diluted Shares Outstanding	80.90M	82.00M	85.50M	85.50M	84.90M	84.70M	84.50M	84.50M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $4.5032 Billion

About Frontdoor, Inc.

Frontdoor, Inc. engages in the provision of home service plans. The company is headquartered in Memphis, Tennessee and currently employs 1,716 full-time employees. The company went IPO on 2018-09-13. The Company’s customizable home warranties help customers protect and maintain their homes, typically their assets, from costly and unplanned breakdowns of essential home systems and appliances. The firm operates under the brands American Home Shield, HSA, OneGuard and Landmark Home Warranty. Its annual service subscribe plan covers the repair or replacement of major components of more than 20 home systems and appliances, including electrical, plumbing, heating, ventilation, and air conditioning (HVAC) systems, water heaters, refrigerators, dishwashers, and ranges/ovens/cooktops, as well as optional coverages for electronics, pools, spas, and pumps. Its operations also include its Streem, a technology platform that uses augmented reality, computer vision and machine learning to, among other things, help home service professionals more quickly and accurately diagnose breakdowns and complete repairs.

Industry: Services-To Dwellings & Other Buildings Peers: ADT Inc. CARRIAGE SERVICES INC European Wax Center, Inc. H&R BLOCK INC Mister Car Wash, Inc. ROVER GROUP, INC. Vivint Smart Home, Inc. SERVICE CORP INTERNATIONAL TERMINIX GLOBAL HOLDINGS INC