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Frontdoor, Inc. provides home warranties and new home builder warranties in the United States. The company offers customizable home warranties that help customers to protect and maintain their homes from costly and unplanned breakdowns of essential home systems and appliances. Its home warranty customers subscribe to an annual service plan agreement that covers the repair or replacement of principal components of home systems and appliances, including electrical, plumbing, water heaters, refrigerators, dishwashers, and ranges/ovens/cooktops, as well as pools, spas, and pumps; and heating, ventilation, and air conditioning systems. It also offers non-warranty home services through website and application; a one-stop app experience for home repair and maintenance using video chat, augmented reality, and computer vision and machining learning. The company operates under the American Home Shield, HSA, OneGuard, Landmark, and 2-10 HBW brand names. Frontdoor, Inc. was founded in 1971 and is headquartered in Memphis, Tennessee.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.1B | $506M | $255M | $390M | 105.4% | 13.5% | 8.5% |
| 2024 | $1.8B | $388M | $235M | $231M | 98.3% | 3.7% | 37.4% |
| 2023 | $1.8B | $306M | $171M | $170M | 124.8% | 7.0% | 140.8% |
| 2022 | $1.7B | $158M | $71M | $102M | 116.4% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,662 | 1,779 | 1,844 | 2,093 |
| Cost Of Revenue | - | 952 | 895 | 852 | 936 |
| Gross Profit | - | 710 | 885 | 991 | 1,157 |
| Operating Expense | - | 555 | 618 | 651 | 757 |
| Operating Income | - | 155 | 267 | 340 | 400 |
| EBITDA | - | 158 | 306 | 388 | 506 |
| EBIT | - | 124 | 269 | 349 | 417 |
| Pretax Income | - | 93 | 229 | 309 | 338 |
| Tax Provision | - | 22 | 57 | 74 | 84 |
| Net Income | - | 71 | 171 | 235 | 255 |
| Net Income Common Stockholders | - | 71 | 171 | 235 | 255 |
| Total Expenses | - | 1,507 | 1,513 | 1,503 | 1,693 |
| Interest Expense | - | 31 | 40 | 40 | 79 |
| Interest Income | - | 4 | 16 | 20 | 22 |
| Selling General And Administration | - | 521 | 581 | 612 | 668 |
| Normalized EBITDA | - | 192 | 322 | 399 | 510 |
| Normalized Income | - | 96.91 | 183.02 | 243.35 | 258.01 |
| Market Cap | 4,311.38 | 4,311.38 | 4,311.38 | 4,311.38 | 4,311.38 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Frontdoor, Inc.this co. | FTDR | $4.5B | 16.91↓ discount | 17.82 | 105.4% | 9.76 |
| Champion Homes, Inc. | SKY | $4.7B | 23.09 | 2.97 | 12.8% | 13.33 |
| Reynolds Consumer Products Inc. | REYN | $4.4B | 14.74 | 1.97 | 13.4% | 9.48 |
| Cavco Industries, Inc. | CVCO | $4.4B | 24.49 | 3.93 | 16.1% | 16.73 |
| Victoria's Secret & Co. | VSCO | $4.2B |
| - |
| - |
| - |
| - |
| - |
| 26.38 |
| 4.96 |
| 18.8% |
| 12.74 |
| Group 1 Automotive, Inc. | GPI | $4.2B | 12.46 | 1.45 | 11.7% | 11.56 |
| Tri Pointe Homes, Inc. | TPH | $4.1B | 16.56 | 1.20 | 7.3% | 12.93 |
| Shake Shack Inc. | SHAK | $4.1B | 96.19 | 8.37 | 8.7% | 26.91 |
| Kontoor Brands, Inc. | KTB | $4.0B | 17.77 | 7.16 | 40.3% | 12.97 |
| Peer Median | - | 20.43 | 3.45 | 13.1% | 12.95 | |