Highest-materiality recent filing
Frontdoor Q2 EPS $1.76 (+19% YoY); raises full-year 2026 guidance
Revenue $645M (+5% YoY); net income $125M (+13%); adjusted EBITDA $220M (+10%).
Frontdoor Q1 revenue up 6% to $451M; net income rises 11%; reaffirms FY 2026 outlook
Revenue $451M (+6% YoY); net income $41M (+11%); diluted EPS $0.57 (+18%).
Full-year revenue $2.093B, up 14%; organic growth 3.7%; gross margin expanded 150bps to 55%.
Frontdoor Q3 revenue +14% to $618M, adjusted EBITDA +18% to $195M; raises FY guidance
Revenue $618M (+14% YoY); gross profit margin +60bps to 57%; net income $106M (+5%)
Frontdoor appoints Jason Bailey as CFO; Jessica Ross resigns effective Nov 10
Jason Bailey appointed SVP & CFO effective Nov 10, 2025; promoted from VP, Finance.
Frontdoor Q2 revenue up 14% to $617M, net income up 21%, raises full-year guidance
Revenue $617M (+14% YoY), gross margin 58% (+130 bps), net income $111M (+21%), adjusted EBITDA $199M (+26%).
Frontdoor Q1 revenue up 13% to $426M, Adj EBITDA +41% to $100M; raises full-year outlook
Net income rose 9% to $37M ($0.49 diluted EPS); adjusted diluted EPS $0.64 (+46% YoY).
Frontdoor files 2-10 HBW audited financials: $184.5M revenue, $(4.1)M net loss
2-10 HBW reported revenue of $184.5M and net loss of $4.1M for Jan-Dec 18, 2024.
Full-year 2024 revenue $1.84B (+4% YoY), gross profit margin 54% (+410 bps), net income $235M (+37%).
Frontdoor completes $585M acquisition of 2-10 Home Buyers Warranty, prices $1.47B credit facility
Purchased 2-10 Home Buyers Warranty for $585M all-cash, subject to customary closing adjustments.
Frontdoor launches $1.47B credit facility to fund 2-10 acquisition and refinance debt
New $1.47B facility includes $418M Term Loan A, $800M Term Loan B, and $250M revolver.
Frontdoor Q3 revenue $540M (+3% YoY), adj. EBITDA $165M (+29%); raises FY guidance
Net income $100M (+40% YoY); diluted EPS $1.30 (up 47%). Adj. EPS $1.38 (up 46%).
Frontdoor Q2 revenue up 4% to $542M, net income up 32%, raises FY adjusted EBITDA guidance
Q2 revenue $542M (+4% YoY); gross margin 56% (record); diluted EPS $1.18 vs $0.86 YoY.
Aggregate cash consideration of $585M, subject to customary adjustments; deal expected to close in Q4 2024.
Frontdoor Q1 revenue $378M (+3%), net income $34M, raises FY2024 EBITDA guidance
Q1 diluted EPS $0.43 vs $0.27 YoY; adjusted diluted EPS $0.44 vs $0.29.
Frontdoor FY23 revenue $1.78B, Adj EBITDA record $346M; FY24 outlook calls for $1.81B-$1.84B revenue
FY2023 revenue $1.78B (+7% YoY); gross margin 50% (+700 bps); net income record $171M (+141%).
Frontdoor Q3 revenue up 8% to $524M; net income more than doubles; raises FY outlook
Net income $71M ($0.89 diluted EPS) vs $28M ($0.34) YoY; adjusted EPS $0.94.
Frontdoor Q2 revenue $523M (+7% YoY); adj. EBITDA $121M (+57%); raises FY outlook
Net income $70M ($0.85 EPS) more than doubled; adjusted EPS $0.87, up 64% YoY.
Frontdoor Q1 revenue $367M (+4%), Adj EBITDA $54M (+116%); raises gross margin guidance
Net income $22M ($0.27 diluted EPS); adjusted EPS $0.29 vs $0.04 YoY.
Full-year 2022 revenue $1.66B (+4% YoY); net income $71M (-45%); diluted EPS $0.87 (-42%).
Frontdoor appoints Jessica Ross as CFO, replacing Brian Turcotte effective Dec 30, 2022
Jessica Ross named SVP & CFO, effective Dec 30, 2022; replaces Brian Turcotte who stays as advisor through Mar 31, 2023.
Net income $28M (down 63%), GAAP EPS $0.34, adjusted EPS $0.56; includes $14M Streem impairment and $5M restructuring.
Frontdoor Q2 revenue up 5% to $487M but adj. EBITDA down 32%; cuts full-year outlook on inflation
Q2 adjusted diluted EPS $0.53 vs $0.76 YoY; net income $33M vs $40M.
Frontdoor CEO Rex Tibbens resigns; Chairman William Cobb appointed CEO effective June 1, 2022
Rexford Tibbens resigns as President, CEO and director effective June 1; will remain as advisor through June 30.
Frontdoor Q1 revenue +7% to $351M but profit plunges; FY22 EBITDA guidance cut to $215-245M
Revenue $351M (+7% YoY); renewal +10%, DTC +14%, real estate -20% on seller's market.
Frontdoor full-year 2021 revenue +9% to $1.602B; FY2022 EBITDA guidance below 2021
Full-year net income $128M, +14% YoY; diluted EPS $1.50 vs $1.31.
Frontdoor Q3 revenue $471M (+7% YoY); net income $76M; adjusted EBITDA $122M; launches $400M buyback
Revenue $471M (+7% YoY); gross margin 54%, highest in over 15 years; net income $76M, diluted EPS $0.89.
Frontdoor authorizes $400M share repurchase program through Sept 2024
Board approved up to $400M of common stock repurchases over three years (Sept 3, 2021 – Sept 3, 2024).
Frontdoor Q2 2021 revenue $462M (+11% YoY); net income falls 17% on $30M debt extinguishment
Revenue $462M (+11% YoY); renewal revenue +9%, direct-to-consumer +12%, real estate +4%.
On February 5, 2025, Lara H. Balazs notified the Board of Directors of Frontdoor, Inc. (the “Company”) that she does not intend to stand for re-election as a director of the Company when her term expires at the Company’s 2025 annual meeting of stockholders.
On August 5, 2024, Frontdoor, Inc. (the “Company”) announced that the Board of Directors (the “Board”) of the Company appointed Evan Iverson, age 47, as the Company’s Senior Vice President and Chief Operating Officer effective as of August 1, 2024.
On October 24, 2023, the Board of Directors (the “Board”) of Frontdoor, Inc. (the “Company”) unanimously elected Lara Balazs as a director of the Company, and appointed her as a member of the Nominating and Corporate Governance Committee of the Board, effective immediately.
On July 28, 2023, the Board of Directors (the “Board”) of Frontdoor, Inc. (the “Company”) unanimously elected Dr. Balakrishnan A. Ganesh as a director of the Company effective immediately.
Brian K. Turcotte, who will step down from his role as Senior Vice President and Chief Financial Officer of the Company effective as of the Transition Date
Jessica P. Ross will become Senior Vice President and Chief Financial Officer of the Company, effective December 30, 2022
Rexford J. Tibbens, President, Chief Executive Officer and a member of the board of directors (the “Board”) of Frontdoor, Inc. (the “Company”) notified the Board of his resignation from all positions with the Company, effective as of June 1, 2022
On May 19, 2022, the Board elected its Chairman, William C. Cobb (65), as Chief Executive Officer, effective as of the Effective Date.
On October 21, 2021, the Board of Directors (the “Board”) of Frontdoor, Inc. (the “Company”) unanimously elected D. Steve Boland as a Class I director of the Company, and appointed him as a member of the Nominating and Corporate Governance Committee of the Board, effective immediately.
On October 21, 2021, the Board of Directors (the “Board”) of Frontdoor, Inc. (the “Company”) unanimously elected Christopher Clipper as a Class III director of the Company, and appointed him as a member of the Audit Committee of the Board (the “Audit Committee”), effective immediately.
Max materiality 0.90 · Median 0.70 · Most common event earnings