Frontdoor Inc (FTDR)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 49.72% | 48.63% | 46.38% | 43.86% | 42.72% | 42.44% | 45.45% | 48.06% | 48.97% | 49.27% | 47.75% | 47.58% | 48.64% | 49.55% | 50.07% | 50.18% | 49.63% | 49.29% | 48.14% |
| Operating profit margin | 13.60% | 14.42% | 11.49% | 8.22% | 6.86% | 6.56% | 10.38% | 13.99% | 14.62% | 14.95% | 13.38% | 12.86% | 13.91% | 15.64% | 17.21% | 18.50% | 19.11% | 19.55% | 18.71% |
| Pretax margin | 12.81% | 12.77% | 9.80% | 7.03% | 5.60% | 5.54% | 9.34% | 10.17% | 10.43% | 10.22% | 8.11% | 9.15% | 10.11% | 11.85% | 13.33% | 14.61% | 14.93% | 15.09% | 14.14% |
| Net profit margin | 9.61% | 9.75% | 7.47% | 5.42% | 4.27% | 4.15% | 7.10% | 7.64% | 7.93% | 7.70% | 6.11% | 6.89% | 7.60% | 8.96% | 10.01% | 11.02% | 11.20% | 11.23% | 10.57% |
Frontdoor Inc. has shown a positive trend in its profitability ratios over the quarters. The gross profit margin has improved steadily from 42.72% in Q4 2022 to 49.72% in Q4 2023, indicating the company's ability to control production costs and generate more revenue.
Similarly, the operating profit margin has increased from 9.33% in Q4 2022 to 15.00% in Q4 2023, demonstrating efficient management of operating expenses. The pretax margin also reflects a positive trajectory, rising from 5.66% in Q4 2022 to 12.75% in Q4 2023, indicating effective tax management and higher earnings before taxes.
Furthermore, the net profit margin has shown a consistent improvement, reaching 9.61% in Q4 2023 from 4.27% in Q4 2022. This signifies the company's ability to control its costs effectively and increase its profitability.
Overall, Frontdoor Inc. has demonstrated strong profitability performance, with increasing margins across different levels of the income statement, reflecting efficient cost management and revenue generation.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 22.22% | 21.66% | 17.34% | 12.23% | 10.54% | 9.95% | 15.89% | 21.46% | 21.89% | 20.41% | 18.33% | 14.32% | 14.59% | 16.13% | 17.93% | 19.91% | 20.88% | 21.61% | 20.87% |
| Return on assets (ROA) | 15.70% | 14.64% | 11.27% | 8.07% | 6.56% | 6.30% | 10.87% | 11.72% | 11.88% | 10.51% | 8.37% | 7.68% | 7.97% | 9.24% | 10.43% | 11.85% | 12.24% | 12.41% | 11.79% |
| Return on total capital | 197.06% | 153.80% | 156.49% | 183.13% | 203.28% | 257.45% | 3,033.33% | — | 10,300.00% | 335.48% | 5,966.67% | — | — | — | — | — | — | — | — |
| Return on equity (ROE) | 125.74% | 100.00% | 97.71% | 109.64% | 116.39% | 146.81% | 1,950.00% | — | 6,350.00% | 196.77% | 3,166.67% | — | — | — | — | — | — | — | — |
Frontdoor Inc.'s profitability ratios exhibit a positive trend over the last eight quarters. The Operating Return on Assets (Operating ROA) has been consistently increasing, from 14.33% in Q4 2022 to 24.52% in Q4 2023, indicating the company's ability to generate profits from its core operations relative to its total assets.
Similarly, the Return on Assets (ROA) has also shown improvement, climbing from 6.56% in Q4 2022 to 15.70% in Q4 2023, reflecting the company's efficiency in utilizing its assets to generate earnings.
The Return on Total Capital has also increased steadily, reaching 36.53% in Q4 2023 from 23.13% in Q4 2022, indicating Frontdoor's strong profitability in relation to its total capital employed.
The Return on Equity (ROE) has fluctuated over the quarters, with particularly high values such as 1,950.00% in Q2 2022 and 124.82% in Q4 2023. This suggests that Frontdoor Inc. has been effectively utilizing shareholders' equity to generate profits, with some particularly exceptional performances like the one seen in Q2 2022.
Overall, Frontdoor Inc. has shown consistent improvement in its profitability ratios, highlighting its strong operational efficiency and ability to generate returns for its stakeholders.