Frontdoor Inc (FTDR)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 357,000 | 267,000 | 154,000 | 240,000 | 215,000 |
| Revenue | US$ in thousands | 1,843,000 | 1,780,000 | 1,662,000 | 1,602,000 | 1,474,000 |
| Operating profit margin | 19.37% | 15.00% | 9.27% | 14.98% | 14.59% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $357,000K ÷ $1,843,000K
= 19.37%
Frontdoor Inc's operating profit margin has shown some fluctuation over the past five years. In 2020, the operating profit margin stood at 14.59%, indicating that the company was able to generate a profit of $0.1459 for every dollar of sales after accounting for operating expenses.
In 2021, there was a slight increase to 14.98%, suggesting that Frontdoor Inc managed its operating costs effectively and improved its profitability slightly. However, in 2022, the operating profit margin declined to 9.27%, which may indicate challenges the company faced in controlling its operating expenses or generating sufficient revenue.
The trend reversed in 2023, with the operating profit margin increasing to 15.00%, signaling improved operational efficiency or revenue growth. The most significant improvement was seen in 2024, where the operating profit margin surged to 19.37%, reflecting increased profitability and effective management of operating costs during that period.
Overall, Frontdoor Inc's operating profit margin has shown variability, with fluctuations possibly influenced by factors such as changes in revenues, operating expenses, and cost management strategies.
Peer comparison
Dec 31, 2024