FTDR Q1 2024 Earnings — Frontdoor, Inc. Revenue & Financial Results | Market Cap Arena

FTDRFrontdoor, Inc.

$5B

Q1 2024 Earnings

Consumer Cyclical Personal Products & Services

Income Statement

Revenue

$378M+3.0% YoY

Gross Profit

$185M48.9% margin

Operating Income

$50M13.2% margin

Net Income

$34M9.0% margin

EPS (Diluted)

$0.43

QoQ Revenue Growth

+3.3%

Cash Flow

Operating Cash Flow

$84M

Free Cash Flow

$74M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$984M

Stockholders' Equity

$162M

Cash & Equivalents

$378M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$378M	$367M	+3.0%
Gross Profit	$185M	$170M	+8.8%
Operating Income	$50M	$45M	+11.1%
Net Income	$34M	$22M	+54.5%

Revenue Segments

Renewals

$298M79%

Direct To Consumer Home Service Plan Contracts

$36M10%

Real Estate Home Service Plan Contracts

$27M7%

Service Other

$17M4%