FTDR Q2 2024 Earnings — Frontdoor, Inc. Revenue & Financial Results | Market Cap Arena

FTDRFrontdoor, Inc.

$5B

Q2 2024 Earnings

Consumer Cyclical Personal Products & Services

Income Statement

Revenue

$542M+3.6% YoY

Gross Profit

$306M56.5% margin

Operating Income

$131M24.2% margin

Net Income

$92M17.0% margin

EPS (Diluted)

$1.18

QoQ Revenue Growth

+43.4%

Cash Flow

Operating Cash Flow

$103M

Free Cash Flow

$91M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$985M

Stockholders' Equity

$215M

Cash & Equivalents

$419M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$542M	$523M	+3.6%
Gross Profit	$306M	$270M	+13.3%
Operating Income	$131M	$108M	+21.3%
Net Income	$92M	$70M	+31.4%

Revenue Segments

Renewals

$421M78%

Direct To Consumer Home Service Plan Contracts

$50M9%

Real Estate Home Service Plan Contracts

$36M7%

Service Other

$35M6%