Frontdoor (FTDR) financial statements
Frontdoor reported revenue of $2.1B in fiscal 2025, up 8.3% a year over 9 years.
Net income was $255M.
Free cash flow was $390M, and the company returned $283M in net buybacks.
The diluted share count fell 12% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Frontdoor's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.0B | $1.2B | $1.3B | $1.4B | $1.5B | $1.6B | $1.7B | $1.8B | $1.8B | $2.1B |
| Cost of revenue | $526M | $589M | $686M | $687M | $758M | $818M | $952M | $895M | $852M | $936M |
| Gross profit | $494M | $567M | $572M | $678M | $716M | $784M | $710M | $885M | $991M | $1.2B |
| Selling, general and admin | $286M | $312M | $338M | $392M | $467M | $511M | $521M | $581M | $612M | $669M |
| Interest expense | — | $1M | $23M | $62M | $57M | $39M | $31M | $40M | $40M | $79M |
| Pre-tax income | $196M | $220M | $166M | $204M | $149M | $168M | $93M | $229M | $309M | $338M |
| Income tax | $71M | $60M | $42M | $51M | $37M | $39M | $22M | $57M | $74M | $84M |
| Net income | $124M | $160M | $125M | $153M | $112M | $128M | $71M | $171M | $235M | $255M |
| EPS (diluted) | $1.47 | $1.90 | $1.47 | $1.80 | $1.31 | $1.50 | $0.87 | $2.12 | $3.01 | $3.42 |
| Diluted shares | 84M | 84M | 85M | 85M | 86M | 86M | 82M | 81M | 78M | 74M |
| Gross margin | 48.4% | 49.0% | 45.5% | 49.7% | 48.6% | 48.9% | 42.7% | 49.7% | 53.8% | 55.3% |
| Net margin | 12.2% | 13.8% | 9.9% | 11.2% | 7.6% | 8.0% | 4.3% | 9.6% | 12.8% | 12.2% |
Balance sheet
Fiscal years, from Frontdoor's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $168M | $307M | $305M | $435M | $597M | $262M | $292M | $325M | $436M | $566M |
| Receivables | — | $406M | $12M | $11M | $5M | $7M | $5M | $6M | $10M | $10M |
| Total current assets | — | $741M | $330M | $461M | $626M | $295M | $330M | $363M | $488M | $624M |
| Property, plant and equipment | — | $31M | $47M | $51M | $60M | $66M | $66M | $60M | $73M | $57M |
| Goodwill | $471M | $476M | $476M | $501M | $512M | $512M | $503M | $503M | $967M | $959M |
| Total assets | — | $1.4B | $1.0B | $1.2B | $1.4B | $1.1B | $1.1B | $1.1B | $2.1B | $2.1B |
| Total current liabilities | — | $705M | $345M | $364M | $403M | $378M | $364M | $331M | $369M | $402M |
| Long-term debt | — | — | $977M | $973M | $968M | $608M | $592M | $577M | $1.2B | $1.1B |
| Total liabilities | — | $755M | $1.4B | $1.4B | $1.5B | $1.1B | $1.0B | $953M | $1.9B | $1.9B |
| Shareholders' equity | $560M | $661M | -$344M | -$179M | -$61M | $2M | $61M | $136M | $239M | $242M |
| Net debt | -$168M | -$282M | $681M | $545M | $371M | $346M | $300M | $252M | $749M | $578M |
Cash flow
Fiscal years, from Frontdoor's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $155M | $194M | $189M | $200M | $207M | $185M | $142M | $202M | $270M | $416M |
| Capital spending | $11M | $15M | $27M | $22M | $32M | $31M | $40M | $32M | $39M | $26M |
| Free cash flow | $144M | $179M | $162M | $178M | $175M | $154M | $102M | $170M | $231M | $390M |
| Stock-based compensation | $4M | $4M | $4M | $9M | $17M | $25M | $22M | $26M | $26M | $34M |
| Dividends paid | $87M | $63M | $137M | — | — | — | — | — | — | — |
| Share buybacks (net) | — | — | — | — | — | -$103M | -$59M | -$121M | -$161M | -$283M |
| Net borrowing | — | — | — | — | — | $638M | $0 | $0 | $1.2B | $0 |
| Free cash flow margin | 14.1% | 15.5% | 12.9% | 13.0% | 11.9% | 9.6% | 6.1% | 9.6% | 12.5% | 18.6% |
| Dividends per share | $1.03 | $0.75 | $1.62 | — | — | — | — | — | — | — |
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Open FTDR in InvestinglyQuestions
What was Frontdoor's revenue in 2025?
$2.1B in fiscal 2025, from its 10-K filing.
How much free cash flow does Frontdoor generate?
$390M in fiscal 2025 (operating cash flow minus capital spending).
From Frontdoor's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.