AI brief of an SEC Form 8-K · Frontdoor (FTDR)

Frontdoor Reports 2024 Revenue Up 4% to $1.84 Billion; Net Income Up 37% to $235 Million

Positive Impact 4 of 5 earnings Written later

Frontdoor reported full-year 2024 revenue up 4% to $1.84 billion, net income up 37% to $235 million, and diluted earnings per share up 42% to $3.01. For 2025, it projects revenue of $2.0 billion to $2.04 billion and Adjusted EBITDA of $450 million to $475 million, including the 2-10 Home Buyers Warranty acquisition.

Key points

  • Full-year 2024 Adjusted EBITDA rose 28% to $443 million, and gross profit margin expanded 410 basis points to 54%.
  • Fourth-quarter 2024 revenue rose 5% to $383 million, while net income was flat at $9 million.
  • The 2025 outlook includes a gross profit margin of 51.5% to 53% and Adjusted EBITDA of $450 million to $475 million.
  • The company repurchased $160 million of shares in 2024 and will hold a 2025 Investor Day on February 27, 2025.

The filing

CompanyFrontdoor (FTDR)
Form8-K, current report
Filed with the SECFeb 27, 2025, 7:33 AM ET
Accession number0000950170-25-028367

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 27, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.