Frontdoor
FTDR Nasdaq Specialized Consumer Services Financials FY2016βFY2025
Frontdoor's revenue rose 13.6% to $2.1 billion in fiscal 2025. Its net margin was 12.2%, down from 12.8% a year earlier. Free cash flow was $390 million, up 68.8%. It paid out $283 million in dividends and buybacks, 73% of free cash flow. The diluted share count fell 4.5%.
What Frontdoor does
No business description yet.
- Legal name
- Frontdoor, Inc.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- β
- Accession Β· CIK
- 0001193125-26-076548
0001727263
Revenue and margins
Frontdoor had $2.1B of revenue in fiscal 2025, up 13.6% on the year before.
Net income and earnings per share
From fiscal 2016 to 2025, diluted EPS grew 9.8% a year. Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was $390M in fiscal 2025, 18.6% of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Frontdoor returned $283M to shareholders in fiscal 2025, 73% of free cash flow. The diluted share count fell 4.5%.
Value Frontdoor yourself
Change the assumptions and see what they imply per share. These are models, not forecasts or price targets β the answer depends entirely on what you put in.
Discounted cash flow
Value per share
β
Adds net cash of β$607M and divides by 74.5M diluted shares. Ten years of cash flows plus a terminal value, discounted to today.
Earnings multiple
Value per share
β
Reference multiples: today 22.3x Β· peers 21.8x Β· sector 17.7x.
Balance sheet
Cash, debt and the ratios that show how comfortably Frontdoor can carry it.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $262M | $292M | $325M | $436M | $566M |
| Debt incl. finance leases | $625M | $609M | $593M | $1.2B | $1.2B |
| Net debt / EBITDA | 1.5x | 2.0x | 0.9x | 2.0x | 1.2x |
| Debt / equity | β | 10.0x | 4.4x | 5.0x | 4.9x |
| Interest coverage | 5.3x | 4.0x | 6.7x | 8.7x | 5.3x |
| Current ratio | 0.8x | 0.9x | 1.1x | 1.3x | 1.6x |
| Quick ratio | 0.8x | 0.9x | 1.1x | 1.3x | 1.6x |
| Total assets | $1.1B | $1.1B | $1.1B | $2.1B | $2.1B |
| Total liabilities | $1.1B | $1.0B | $953M | $1.9B | $1.9B |
| Shareholders' equity | $2.0M | $61.0M | $136M | $239M | $242M |
| Net debt (β = net cash) | $363M | $317M | $268M | $763M | $607M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$4.6M
3 insiders
Of sales under plans
0%
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 10, 2026 | Evan IversonSVP & Chief Operating Officer | Sold | 18,190 | $85.50 | $1.6M | Form 4 |
| Aug 10, 2026 | Jeffrey FiarmanSVP & Chief Legal Officer | Sold | 13,000 | $85.11 | $1.1M | Form 4 |
| Aug 10, 2026 | Kathryn M CollinsSVP & Chief Revenue Officer | Sold | 10,000 | $88.98 | $0.9M | Form 4 |
| Mar 3, 2026 | Jeffrey FiarmanSVP & Chief Legal Officer | Sold | 15,000 | $67.60 | $1.0M | Form 4 |
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
| Test | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net income is positive | β | β | β |
| Cash from operations is positive | β | β | β |
| Return on assets rose | β | β | β |
| Cash from operations exceeds net income | β | β | β |
| Debt fell relative to assets | β | β | β |
| Current ratio rose | β | β | β |
| Share count didn't rise | β | β | β |
| Gross margin rose | β | β | β |
| Revenue rose relative to assets | β | β | β |
| F-score | 9 / 9 | 8 / 9 | 7 / 9 |
| Accruals ratio | β2.9% | β2.2% | β7.6% |
| Altman Z'' | 2.89 | 2.44 | 3.32 |
Similar companies
Each company's latest fiscal year. Fiscal years end in different months, so periods don't line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score | |
|---|---|---|---|---|---|---|---|---|
| Frontdoor FTDR | $6.0B | 13.6% | β | 18.6% | 33.9% | 22.3x | 7 | |
| Matthews International MATW | $605M | β16.6% | 5.0% | β4.0% | 3.2% | β | 5 | Compare β |
| Bright Horizons Family Solutions BFAM | $3.7B | 9.2% | 10.7% | 8.8% | 11.2% | 22.5x | 8 | Compare β |
| H&R Block HRB | $6.4B | 4.9% | β | 19.2% | 129.0% | 8.8x | 8 | Compare β |
| Service Corp Intl SCI | $11.5B | 2.9% | 22.7% | 12.9% | 11.3% | 21.8x | 7 | Compare β |
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $1.0B | $1.2B | $1.3B | $1.4B | $1.5B | $1.6B | $1.7B | $1.8B | $1.8B | $2.1B |
| Gross profit | $494M | $567M | $572M | $678M | $716M | $784M | $710M | $885M | $991M | $1.2B |
| Interest expense | β | $1.0M | $23.0M | $62.0M | $57.0M | $39.0M | $31.0M | $40.0M | $40.0M | $79.0M |
| Pretax income | $196M | $220M | $166M | $204M | $149M | $168M | $93.0M | $229M | $309M | $338M |
| Income tax | $71.0M | $60.0M | $42.0M | $51.0M | $37.0M | $39.0M | $22.0M | $57.0M | $74.0M | $84.0M |
| Net income | $124M | $160M | $125M | $153M | $112M | $128M | $71.0M | $171M | $235M | $255M |
| Diluted EPS | $1.47 | $1.90 | $1.47 | $1.80 | $1.31 | $1.50 | $0.87 | $2.12 | $3.01 | $3.42 |
| Diluted shares | 0.08B | 0.08B | 0.08B | 0.08B | 0.09B | 0.09B | 0.08B | 0.08B | 0.08B | 0.07B |
| Cash flow | ||||||||||
| Cash from operations | $155M | $194M | $189M | $200M | $207M | $185M | $142M | $202M | $270M | $416M |
| Capital expenditure | $11.0M | $15.0M | $27.0M | $22.0M | $32.0M | $31.0M | $40.0M | $32.0M | $39.0M | $26.0M |
| Free cash flow | $144M | $179M | $162M | $178M | $175M | $154M | $102M | $170M | $231M | $390M |
| Depreciation and amortization | $14.0M | $17.0M | $21.0M | $24.0M | $34.0M | $35.0M | $34.0M | $37.0M | $39.0M | $89.0M |
| Stock-based compensation | $4.0M | $4.0M | $4.0M | $9.0M | $17.0M | $25.0M | $22.0M | $26.0M | $26.0M | $34.0M |
| Acquisitions | $87.0M | $0.0M | $0.0M | $38.0M | $5.0M | $0.0M | $0.0M | $0.0M | $583M | $3.0M |
| Share buybacks | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $103M | $59.0M | $121M | $161M | $283M |
| Dividends paid | $87.0M | $63.0M | $137M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Dividends and buybacks | $87.0M | $63.0M | $137M | $0.0M | $0.0M | $103M | $59.0M | $121M | $161M | $283M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $168M | $307M | $305M | $435M | $597M | $262M | $292M | $325M | $436M | $566M |
| Total debt | β | β | $984M | $980M | $975M | $625M | $609M | $593M | $1.2B | $1.2B |
| Finance lease liabilities | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Current assets | β | $741M | $330M | $461M | $626M | $295M | $330M | $363M | $488M | $624M |
| Current liabilities | β | $705M | $345M | $364M | $403M | $378M | $364M | $331M | $369M | $402M |
| Inventory | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Property and equipment, net | β | $31.0M | $47.0M | $51.0M | $60.0M | $66.0M | $66.0M | $60.0M | $73.0M | $57.0M |
| Total assets | β | $1.4B | $1.0B | $1.3B | $1.4B | $1.1B | $1.1B | $1.1B | $2.1B | $2.1B |
| Total liabilities | β | $755M | $1.4B | $1.4B | $1.5B | $1.1B | $1.0B | $953M | $1.9B | $1.9B |
| Shareholders' equity | $560M | $661M | β$344M | β$179M | β$61.0M | $2.0M | $61.0M | $136M | $239M | $242M |
| Margins | ||||||||||
| Gross margin | 48.4% | 49.0% | 45.5% | 49.7% | 48.6% | 48.9% | 42.7% | 49.7% | 53.8% | 55.3% |
| EBITDA margin | β | 20.6% | 16.7% | 21.3% | 16.3% | 15.1% | 9.5% | 17.2% | 21.1% | 24.2% |
| Net margin | 12.2% | 13.8% | 9.9% | 11.2% | 7.6% | 8.0% | 4.3% | 9.6% | 12.8% | 12.2% |
| FCF margin | 14.1% | 15.5% | 12.9% | 13.0% | 11.9% | 9.6% | 6.1% | 9.6% | 12.5% | 18.6% |
| Returns | ||||||||||
| Return on capital | β | β | β | 56.9% | 45.3% | 46.6% | 25.5% | 51.7% | 37.8% | 33.9% |
| Return on capital employed | β | β | 26.9% | 33.6% | 21.8% | 24.5% | 17.6% | 36.5% | 28.0% | 24.0% |
| Return on equity | β | β | 78.9% | β | β | β | β | 173.6% | 125.3% | 106.0% |
| Return on assets | β | β | 10.2% | 13.4% | 8.4% | 10.4% | 6.6% | 15.8% | 14.7% | 12.0% |
| Growth | ||||||||||
| Revenue growth | β | 13.4% | 8.7% | 8.5% | 8.0% | 8.7% | 3.8% | 7.1% | 3.5% | 13.6% |
| Net income growth | β | 29.0% | β21.9% | 22.4% | β26.8% | 14.3% | β44.5% | 140.9% | 37.4% | 8.5% |
| EPS growth | β | 29.3% | β22.6% | 22.5% | β27.2% | 14.5% | β42.0% | 143.7% | 42.0% | 13.6% |
| FCF growth | β | 24.3% | β9.5% | 9.9% | β1.7% | β12.0% | β33.8% | 66.7% | 35.9% | 68.8% |
| Share count change | β | 0.0% | 0.2% | 0.2% | 0.7% | 0.0% | β4.1% | β1.3% | β3.6% | β4.5% |
| Financial health | ||||||||||
| Net debt / EBITDA | β | β | 3.2x | 1.9x | 1.6x | 1.5x | 2.0x | 0.9x | 2.0x | 1.2x |
| Debt / equity | β | β | β | β | β | β | 10.0x | 4.4x | 5.0x | 4.9x |
| Interest coverage | β | 221.0x | 8.2x | 4.3x | 3.6x | 5.3x | 4.0x | 6.7x | 8.7x | 5.3x |
| Current ratio | β | 1.1x | 1.0x | 1.3x | 1.6x | 0.8x | 0.9x | 1.1x | 1.3x | 1.6x |
| Quick ratio | β | 1.1x | 1.0x | 1.3x | 1.6x | 0.8x | 0.9x | 1.1x | 1.3x | 1.6x |
| Capital allocation | ||||||||||
| Capex / revenue | 1.1% | 1.3% | 2.2% | 1.6% | 2.2% | 1.9% | 2.4% | 1.8% | 2.1% | 1.2% |
| Stock comp / revenue | 0.4% | 0.4% | 0.3% | 0.7% | 1.2% | 1.6% | 1.3% | 1.5% | 1.4% | 1.6% |
| Payouts / FCF | 60.4% | 35.2% | 84.6% | 0.0% | 0.0% | 66.9% | 57.8% | 71.2% | 69.7% | 72.6% |
| Quality scores | ||||||||||
| Piotroski F-score | β | β | β | 7.0 | 5.0 | 7.0 | 6.0 | 9.0 | 8.0 | 7.0 |
| Altman Z'' | β | β | β0.2 | 1.3 | 1.8 | 1.0 | 1.0 | 2.9 | 2.4 | 3.3 |
| Accruals ratio | β | β | β5.2% | β4.1% | β7.2% | β4.6% | β6.6% | β2.9% | β2.2% | β7.6% |
Source: SEC EDGAR XBRL filings (CIK 0001727263). Data updated October 19, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.