Frontdoor, Inc. (FTDR) financial statements (2022 and earlier)

Company profile

Business Address 150 PEABODY PLACE
MEMPHIS, TN 38103
State of Incorp. DE
Fiscal Year End December 31
SIC 734 - Services To Dwellings And Other Buildings (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments262597435305
Cash and cash equivalents262597428296
Short-term investments  79
Receivables751112
Other undisclosed current assets26241513
Total current assets:295626461330
Noncurrent Assets
Operating lease, right-of-use asset171517
Property, plant and equipment66605147
Intangible assets, net (including goodwill)671682692634
Goodwill512512501476
Intangible assets, net (excluding goodwill)159170191158
Deferred costs16191821
Other noncurrent assets531110
Other undisclosed noncurrent assets(1)  (1)
Total noncurrent assets:774779789711
TOTAL ASSETS:1,0691,4051,2501,041
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities11811910386
Accounts payable66554841
Accrued liabilities28322926
Employee-related liabilities24231710
Interest and dividends payable 999
Deferred revenue155187188
Debt17 77
Self insurance reserve88906667
Contract with customer, liability185
Other undisclosed current liabilities 7  
Total current liabilities:378403364345
Noncurrent Liabilities
Long-term debt and lease obligation, including:608968973977
Operating lease, liability191820
Other undisclosed long-term debt and lease obligation589950953977
Liabilities, other than long-term debt, including:81969263
Deferred tax liabilities, net39
Deferred income tax liabilities413845
Other liabilities21402724
Other undisclosed liabilities, other than long-term debt191820 
Total noncurrent liabilities:6891,0641,0651,040
Total liabilities:1,0671,4671,4291,385
Stockholders' equity
Stockholders' equity attributable to parent, including:2(61)(179)(344)
Common stock1111
Treasury stock, value(103)   
Additional paid in capital7046291
Accumulated other comprehensive loss(18)(33)(21)(9)
Retained earnings (accumulated deficit)53(75)(188)(336)
Other undisclosed stockholders' equity attributable to parent(1)  (1)
Total stockholders' equity:2(61)(179)(344)
Other undisclosed liabilities and equity (1)  
TOTAL LIABILITIES AND EQUITY:1,0691,4051,2501,041

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues1,6021,4741,3651,258
Cost of revenue
(Cost of Goods and Services Sold)
(818)(758)(687)(686)
Gross profit:784716678572
Operating expenses(549)(509)(418)(386)
Operating income:235207260186
Nonoperating income
(Investment Income, Nonoperating)
1 62
Interest and debt expense(70)(57)(62)(23)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (1) 1
Income from continuing operations before equity method investments, income taxes:166149204166
Other undisclosed income from continuing operations before income taxes2   
Income from continuing operations before income taxes:168149204166
Income tax expense(39)(37)(51)(42)
Net income:129112153124
Other undisclosed net income (loss) attributable to parent(1)  1
Net income available to common stockholders, diluted:128112153125

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income:129112153124
Other comprehensive income (loss)15(12)(12)(9)
Comprehensive income:144100141115
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1)  1
Comprehensive income, net of tax, attributable to parent:143100141116

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: