FTDRFrontdoor, Inc.
Services-To Dwellings & Other Buildings
- Revenue
- $2.1B
- 14% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- $6.1B
- Employees
- 2,034
- $1M revenue each
- Net debt / EBITDA
- —
- $504M net debt
- AI in 10-K
- 3.0
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 2 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo163% of net incomeCash flow under 80% of net income
- Dilutive SBCNo2% of revenueOver 10% of revenue
- Payouts exceed cash flowYes101% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyYes44% of assetsOver 40% of assets
- Shareholder dissentNo96% lowest supportAny vote under 80% support
Buyer economics 0 of 4
- Low revenue per employeeNo$1M · 79th pctBottom quartile of its SIC industry
- Quiet on AINo3.0 per 10K words · 70th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedNo$6.1B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$5M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.6B | $1.7B | $1.8B | $1.8B | $2.1B | 14% |
| Net income | $128M | $71M | $171M | $235M | $255M | 8.5% |
| Operating cash flow | $185M | $142M | $202M | $270M | $416M | 54% |
| Capex | $31M | $40M | $32M | $39M | $26M | 33% |
| Stock-based comp | $25M | $22M | $26M | $26M | $34M | 31% |
| Buybacks | $103M | $59M | $121M | $161M | $283M | 76% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $5M · 4
- Net
- −$5M
Pay vs performance
No pay-versus-performance disclosure yet.