Frontdoor, Inc. (FTDR)

Frontdoor Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,843	1,780	1,662	1,602	1,474
Revenue Growth (YoY)	3.54%	7.10%	3.74%	8.68%	7.99%
Cost of Revenue	852	895	952	818	758
Gross Profit	991	885	710	784	716
Selling, General & Admin	612	581	521	511	467
Operating Expenses	651	618	555	546	501
Operating Income	340	267	155	238	215
Interest Expense	-40	-40	-31	-39	-57
Interest & Investment Income	20	16	4	1	-
Other Non Operating Income (Expenses)	-	1	-1	1	-
EBT Excluding Unusual Items	320	244	127	201	158
Merger & Restructuring Charges	-8	-16	-20	-3	-8
Impairment of Goodwill	-	-	-9	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	-1
Asset Writedown	-	-	-5	-	-
Other Unusual Items	-3	-	-	-31	-
Pretax Income	309	228	93	167	149
Income Tax Expense	74	57	22	39	37
Net Income	235	171	71	128	112
Net Income to Common	235	171	71	128	112
Net Income Growth	37.43%	140.84%	-44.53%	14.29%	-26.80%
Shares Outstanding (Basic)	77	81	82	85	85
Shares Outstanding (Diluted)	78	81	82	86	86
Shares Change (YoY)	-3.58%	-1.34%	-4.09%	-	0.71%
EPS (Basic)	3.05	2.12	0.87	1.50	1.31
EPS (Diluted)	3.01	2.12	0.87	1.50	1.31
EPS Growth	41.98%	144.25%	-42.13%	14.50%	-27.22%
Free Cash Flow	231	170	102	154	175
Free Cash Flow Per Share	2.96	2.10	1.24	1.80	2.05
Gross Margin	53.77%	49.72%	42.72%	48.94%	48.58%
Operating Margin	18.45%	15.00%	9.33%	14.86%	14.59%
Profit Margin	12.75%	9.61%	4.27%	7.99%	7.60%
Free Cash Flow Margin	12.53%	9.55%	6.14%	9.61%	11.87%
EBITDA	379	304	189	273	249
EBITDA Margin	20.56%	17.08%	11.37%	17.04%	16.89%
D&A For EBITDA	39	37	34	35	34
EBIT	340	267	155	238	215
EBIT Margin	18.45%	15.00%	9.33%	14.86%	14.59%
Effective Tax Rate	23.95%	25.00%	23.66%	23.35%	24.83%
Advertising Expenses	170	156	115	106	-

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q