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Frontdoor, Inc. Financials

FTDR
Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Frontdoor, Inc. (FTDR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI FTDR FY2025

Cash conversion has become the dominant mechanic as margin expansion funds heavy buybacks despite a still-leveraged balance sheet.

From FY2023 to FY2025, operating cash flow rose from $202M to $416M, far faster than revenue, showing that profit gains were increasingly arriving as cash rather than staying on the income statement. In FY2025, free cash flow reached $390M with only $26M of capex, which points to a business that does not need much ongoing reinvestment to turn sales into spendable cash.

The improvement in gross margin from 42.7% in FY2022 to 55.3% in FY2025 matters because SG&A did not rise at the same pace, so a larger share of each added sales dollar was available for interest, taxes, and buybacks.

The balance sheet is liquid but equity-thin: cash climbed to $566M and the current ratio reached 1.6x, yet equity is only $242M because aggressive repurchases keep the capital base small. That means headline returns on equity and leverage ratios are being shaped not just by operations, but also by how much cash is being sent back to shareholders.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 32 / 100
Financial Health Score 32/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Frontdoor, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth
61

Frontdoor, Inc.'s revenue grew 13.6% year-over-year to $2.1B, a solid pace of expansion. This earns a growth score of 61/100.

Leverage
11

Frontdoor, Inc. has elevated debt relative to equity (D/E of 4.85), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 11/100, reflecting increased financial risk.

Liquidity
43

Frontdoor, Inc.'s current ratio of 1.55 indicates adequate short-term liquidity, earning a score of 43/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
79

Frontdoor, Inc. converts 18.6% of revenue into free cash flow ($390.0M). This strong cash generation earns a score of 79/100.

Piotroski F-Score Strong
9/9

Frontdoor, Inc. passes 9 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
1.63x

For every $1 of reported earnings, Frontdoor, Inc. generates $1.63 in operating cash flow ($416.0M OCF vs $255.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$2.1B
YoY+13.6%
5Y CAGR+7.3%

Frontdoor, Inc. generated $2.1B in revenue in fiscal year 2025. This represents an increase of 13.6% from the prior year.

EBITDA
N/A
Net Income
$255.0M
YoY+8.5%
5Y CAGR+17.9%

Frontdoor, Inc. reported $255.0M in net income in fiscal year 2025. This represents an increase of 8.5% from the prior year.

EPS (Diluted)
$3.42
YoY+13.6%
5Y CAGR+21.2%

Frontdoor, Inc. earned $3.42 per diluted share (EPS) in fiscal year 2025. This represents an increase of 13.6% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$390.0M
YoY+68.8%
5Y CAGR+17.4%

Frontdoor, Inc. generated $390.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 68.8% from the prior year.

Cash & Debt
$566.0M
YoY+34.4%
5Y CAGR-1.1%

Frontdoor, Inc. held $566.0M in cash against $1.2B in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
71M
YoY-5.8%
5Y CAGR-3.7%

Frontdoor, Inc. had 71M shares outstanding in fiscal year 2025. This represents a decrease of 5.8% from the prior year.

Margins & Returns

Gross Margin
55.3%
YoY+1.5pp
5Y CAGR+6.7pp

Frontdoor, Inc.'s gross margin was 55.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 1.5 percentage points from the prior year.

Operating Margin
N/A
Net Margin
12.2%
YoY-0.6pp
5Y CAGR+4.6pp

Frontdoor, Inc.'s net profit margin was 12.2% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.6 percentage points from the prior year.

Return on Equity
105.4%
YoY+7.0pp

Frontdoor, Inc.'s ROE was 105.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 7.0 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$283.0M
YoY+75.8%

Frontdoor, Inc. spent $283.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 75.8% from the prior year.

Capital Expenditures
$26.0M
YoY-33.3%
5Y CAGR-4.1%

Frontdoor, Inc. invested $26.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 33.3% from the prior year.

FTDR Income Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Revenue $451.0M+4.4% $432.0M-30.1% $618.0M+0.2% $617.0M+44.8% $426.0M+11.2% $383.0M-29.1% $540.0M-0.4% $542.0M
Cost of Revenue $203.0M-7.7% $220.0M-16.7% $264.0M+1.1% $261.0M+36.6% $191.0M-2.6% $196.0M-16.6% $235.0M-0.8% $237.0M
Gross Profit $248.0M+16.4% $213.0M-39.7% $353.0M-0.8% $356.0M+51.5% $235.0M+27.7% $184.0M-39.9% $306.0M0.0% $306.0M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $162.0M-5.8% $172.0M-1.1% $174.0M+1.2% $172.0M+13.9% $151.0M-3.2% $156.0M+1.3% $154.0M-7.8% $167.0M
Operating Income N/A N/A N/A N/A N/A N/A N/A N/A
Interest Expense $19.0M-5.0% $20.0M0.0% $20.0M0.0% $20.0M+5.3% $19.0M+90.0% $10.0M0.0% $10.0M0.0% $10.0M
Income Tax $10.0M $0-100.0% $37.0M+2.8% $36.0M+227.3% $11.0M+466.7% -$3.0M-108.8% $34.0M+6.3% $32.0M
Net Income $41.0M+4000.0% $1.0M-99.1% $106.0M-4.5% $111.0M+200.0% $37.0M+311.1% $9.0M-91.0% $100.0M+8.7% $92.0M
EPS (Diluted) $0.57 N/A $1.42-4.1% $1.48+202.0% $0.49 N/A $1.30+10.2% $1.18

FTDR Balance Sheet

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Total Assets $2.2B+1.0% $2.1B-3.8% $2.2B+2.5% $2.2B+2.4% $2.1B+0.7% $2.1B+73.1% $1.2B+1.4% $1.2B
Current Assets $661.0M+5.9% $624.0M-10.2% $695.0M+12.1% $620.0M+11.9% $554.0M+13.5% $488.0M+0.8% $484.0M+4.5% $463.0M
Cash & Equivalents $603.0M+6.5% $566.0M+0.5% $563.0M+0.2% $562.0M+11.1% $506.0M+20.2% $421.0M+12.3% $375.0M-10.5% $419.0M
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $10.0M0.0% $10.0M0.0% $10.0M0.0% $10.0M-9.1% $11.0M+10.0% $10.0M+66.7% $6.0M-14.3% $7.0M
Goodwill $959.0M0.0% $959.0M-1.2% $971.0M-0.1% $972.0M+1.4% $959.0M-0.8% $967.0M+92.2% $503.0M0.0% $503.0M
Total Liabilities $1.9B+1.8% $1.9B-0.6% $1.9B-0.4% $1.9B-0.3% $1.9B+2.9% $1.9B+95.4% $956.0M-3.0% $986.0M
Current Liabilities $451.0M+12.2% $402.0M+0.2% $401.0M-3.6% $416.0M+0.5% $414.0M+12.2% $369.0M+8.2% $341.0M-6.6% $365.0M
Long-Term Debt $1.2B-0.5% $1.2B-0.6% $1.2B-0.5% $1.2B-0.6% $1.2B-0.5% $1.2B+106.0% $582.0M-0.7% $586.0M
Total Equity $230.0M-5.0% $242.0M-23.4% $316.0M+24.4% $254.0M+28.3% $198.0M-17.2% $239.0M-8.4% $261.0M+22.0% $214.0M
Retained Earnings $826.0M+5.2% $785.0M+0.1% $784.0M+15.6% $678.0M+19.6% $567.0M+7.0% $530.0M+1.5% $522.0M+23.7% $422.0M

FTDR Cash Flow Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Operating Cash Flow $119.0M+17.8% $101.0M+57.8% $64.0M-49.6% $127.0M+2.4% $124.0M+113.8% $58.0M+132.0% $25.0M-75.7% $103.0M
Capital Expenditures $6.0M0.0% $6.0M0.0% $6.0M-14.3% $7.0M0.0% $7.0M-12.5% $8.0M-11.1% $9.0M-25.0% $12.0M
Free Cash Flow $113.0M+18.9% $95.0M+63.8% $58.0M-51.7% $120.0M+2.6% $117.0M+134.0% $50.0M+212.5% $16.0M-82.4% $91.0M
Investing Cash Flow -$7.0M-16.7% -$6.0M-20.0% -$5.0M0.0% -$5.0M-110.6% $47.0M+108.0% -$591.0M-6466.7% -$9.0M+25.0% -$12.0M
Financing Cash Flow -$75.0M+18.5% -$92.0M-61.4% -$57.0M+16.2% -$68.0M+20.0% -$85.0M-114.7% $578.0M+1063.3% -$60.0M-20.0% -$50.0M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks $61.0M-30.7% $88.0M+46.7% $60.0M-6.3% $64.0M-9.9% $71.0M+73.2% $41.0M-33.9% $62.0M+37.8% $45.0M

FTDR Financial Ratios

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Gross Margin 55.0%+5.7pp 49.3%-7.8pp 57.1%-0.6pp 57.7%+2.5pp 55.2%+7.1pp 48.0%-8.6pp 56.7%+0.2pp 56.5%
Operating Margin N/A N/A N/A N/A N/A N/A N/A N/A
Net Margin 9.1%+8.9pp 0.2%-16.9pp 17.2%-0.8pp 18.0%+9.3pp 8.7%+6.3pp 2.4%-16.2pp 18.5%+1.6pp 17.0%
Return on Equity 17.8%+17.4pp 0.4%-33.1pp 33.5%-10.2pp 43.7%+25.0pp 18.7%+14.9pp 3.8%-34.5pp 38.3%-4.7pp 43.0%
Return on Assets 1.9%+1.8pp 0.1%-4.7pp 4.8%-0.3pp 5.1%+3.4pp 1.7%+1.3pp 0.4%-7.8pp 8.2%+0.5pp 7.7%
Current Ratio 1.47-0.1 1.55-0.2 1.73+0.2 1.49+0.2 1.34+0.0 1.32-0.1 1.42+0.2 1.27
Debt-to-Equity 5.07+0.2 4.85+1.1 3.73-0.9 4.67-1.4 6.03+1.0 5.02+2.8 2.23-0.5 2.74
FCF Margin 25.1%+3.1pp 22.0%+12.6pp 9.4%-10.1pp 19.4%-8.0pp 27.5%+14.4pp 13.1%+10.1pp 3.0%-13.8pp 16.8%

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Frequently Asked Questions

Frontdoor, Inc. (FTDR) reported $2.1B in total revenue for fiscal year 2025. This represents a 13.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Frontdoor, Inc. (FTDR) revenue grew by 13.6% year-over-year, from $1.8B to $2.1B in fiscal year 2025.

Yes, Frontdoor, Inc. (FTDR) reported a net income of $255.0M in fiscal year 2025, with a net profit margin of 12.2%.

Frontdoor, Inc. (FTDR) reported diluted earnings per share of $3.42 for fiscal year 2025. This represents a 13.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

As of fiscal year 2025, Frontdoor, Inc. (FTDR) had $566.0M in cash and equivalents against $1.2B in long-term debt.

Frontdoor, Inc. (FTDR) had a gross margin of 55.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Frontdoor, Inc. (FTDR) had a net profit margin of 12.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Frontdoor, Inc. (FTDR) has a return on equity of 105.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Frontdoor, Inc. (FTDR) generated $390.0M in free cash flow during fiscal year 2025. This represents a 68.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Frontdoor, Inc. (FTDR) generated $416.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Frontdoor, Inc. (FTDR) had $2.1B in total assets as of fiscal year 2025, including both current and long-term assets.

Frontdoor, Inc. (FTDR) invested $26.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, Frontdoor, Inc. (FTDR) spent $283.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Frontdoor, Inc. (FTDR) had 71M shares outstanding as of fiscal year 2025.

Frontdoor, Inc. (FTDR) had a current ratio of 1.55 as of fiscal year 2025, which is generally considered healthy.

Frontdoor, Inc. (FTDR) had a debt-to-equity ratio of 4.85 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Frontdoor, Inc. (FTDR) had a return on assets of 11.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Frontdoor, Inc. (FTDR) has a Piotroski F-Score of 9 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Frontdoor, Inc. (FTDR) has an earnings quality ratio of 1.63x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Frontdoor, Inc. (FTDR) scores 32 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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