Frontdoor Inc (FTDR)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 235,000 | 171,000 | 71,000 | 128,000 | 112,000 |
| Revenue | US$ in thousands | 1,843,000 | 1,780,000 | 1,662,000 | 1,602,000 | 1,474,000 |
| Net profit margin | 12.75% | 9.61% | 4.27% | 7.99% | 7.60% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $235,000K ÷ $1,843,000K
= 12.75%
Frontdoor Inc's net profit margin has shown variable performance over the years based on the provided data. In December 2020, the net profit margin stood at 7.60%, indicating that the company retained $0.076 in profit for every $1 of revenue generated. By December 2021, the net profit margin improved to 7.99%, suggesting a slight increase in profitability. However, in December 2022, the net profit margin decreased significantly to 4.27%, indicating a potential decrease in profitability or increased expenses relative to revenue.
In December 2023, Frontdoor Inc's net profit margin rebounded to 9.61%, showcasing a strong improvement in profitability compared to the previous year. By December 2024, the net profit margin further increased to 12.75%, indicating continued growth in profitability.
Overall, Frontdoor Inc's net profit margin has displayed both positive and negative fluctuations over the years. It is important for the company to assess the factors influencing these changes to sustain and enhance its profitability in the future.
Peer comparison
Dec 31, 2024