GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Frontdoor Inc (NAS:FTDR) » Definitions » Gross Profit

Frontdoor (Frontdoor) Gross Profit : $885 Mil (TTM As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Frontdoor Gross Profit?

Frontdoor's gross profit for the three months ended in Dec. 2023 was $177 Mil. Frontdoor's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $885 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Frontdoor's gross profit for the three months ended in Dec. 2023 was $177 Mil. Frontdoor's Revenue for the three months ended in Dec. 2023 was $365 Mil. Therefore, Frontdoor's Gross Margin % for the quarter that ended in Dec. 2023 was 48.49%.

Frontdoor had a gross margin of 48.49% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of Frontdoor was 49.80%. The lowest was 42.72%. And the median was 48.94%.


Frontdoor Gross Profit Historical Data

The historical data trend for Frontdoor's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Frontdoor Gross Profit Chart

Frontdoor Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 678.00 716.00 784.00 710.00 885.00

Frontdoor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 145.00 170.00 270.00 268.00 177.00

Competitive Comparison of Frontdoor's Gross Profit

For the Personal Services subindustry, Frontdoor's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Frontdoor's Gross Profit Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Frontdoor's Gross Profit distribution charts can be found below:

* The bar in red indicates where Frontdoor's Gross Profit falls into.



Frontdoor Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Frontdoor's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1779 - 894
=885

Frontdoor's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=365 - 188
=177

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $885 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Frontdoor's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=177 / 365
=48.49 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Frontdoor  (NAS:FTDR) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Frontdoor had a gross margin of 48.49% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Frontdoor Gross Profit Related Terms

Thank you for viewing the detailed overview of Frontdoor's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Frontdoor (Frontdoor) Business Description

Traded in Other Exchanges
Address
3400 Players Club Parkway, Memphis, TN, USA, 38125
Frontdoor Inc is a United States-based company that provides home service plans. It owns multiple home service brands including American Home Shield, HSA, OneGuard, and Landmark brands. Through its home service plans, the company helps its customers maintain their homes and protect against costly and unexpected breakdowns of essential home systems and appliances.
Executives
Jeffrey Fiarman officer: Sr VP, Gen Counsel & Secretary 150 PEABODY PLACE, MEMPHIS TN 38103
Lara Balazs director 3400 PLAYERS CLUB PARKWAY, STE. 300, MEMPHIS TN 38125
Balakrishnan A Ganesh director 3400 PLAYERS CLUB PARKWAY, STE. 300, MEMPHIS TN 38125
Jessica P Ross officer: SVP & CFO 3400 PLAYERS CLUB PARKWAY, STE. 300, MEMPHIS TN 38103
Anna C Catalano director 1313 NORTH MARKET STREET, WILMINGTON DE 19894
Peter L. Cella director 150 PEABODY PLACE, MEMPHIS TN 38103-3720
William C Cobb director H&R BLOCK, INC., ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Christopher L Clipper director 150 PEABODY PLACE, MEMPHIS TN 38103
Darrin Steve Boland director 100 NORTH TRYON STREET, CHARLOTTE NC 28255
Chastitie Brim officer: Vice Pres, Controller & CAO 150 PEABODY PLACE, MEMPHIS TN 38103
Brian P Mcandrews director C/O PANDORA MEDIA, INC, 2101 WEBSTER STREET, #1650, OAKLAND CA 94612
Richard P Fox director
Liane J Pelletier director 10700 NE 4TH STREET # 4004, BELLEVUE WA 98004
Servicemaster Co, Llc 10 percent owner 860 RIDGE LAKE BOULEVARD, MEMPHIS TN 38120
Servicemaster Global Holdings Inc 10 percent owner 150 PEABODY PLACE, MEMPHIS TN 38103-3720

Frontdoor (Frontdoor) Headlines