Frontdoor, Inc. announced its fourth-quarter and full-year 2024 results on February 27, 2025, reporting full-year revenue increased 4% to $1.84 billion. The gross profit margin significantly improved by 410 basis points to 54%.
Net income for the full year increased 37% to $235 million, with diluted earnings per share rising 42% to $3.01. Adjusted EBITDA for 2024 increased 28% to $443 million, reflecting strong operational performance.
The company utilized $160 million to repurchase approximately 4 million shares in 2024 and successfully completed the acquisition of 2-10 Home Buyers Warranty and its associated $1.47 billion credit facility. For the full year 2025, Frontdoor anticipates revenue between $2.01 billion and $2.03 billion and Adjusted EBITDA between $470 million and $490 million.
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