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Market commentary Feb 2025

Frontdoor Reports Record Financial Results and 2025 Growth Outlook

Frontdoor reported record full-year 2024 revenue of $1.84 billion and a 37% increase in net income. The company provided a 2025 outlook projecting revenue growth to $2.0-$2.04 billion, driven partly by the 2-10 acquisition and expansion of HVAC and other home services.

“Revenue Increased 4% to $1.84 Billion; Gross Profit Margin Increased 410 Basis Points to 54%; Net Income and Adjusted EBITDA Increased 37% and 28%, respectively”

Entities

Frontdoor, Inc. · Mentioned
ElectricalHome performanceHVACPlumbing Sentiment: Positive

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