Frontdoor Inc (FTDR)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 235,000 | 234,000 | 205,000 | 183,000 | 171,000 | 172,000 | 129,000 | 92,000 | 72,000 | 70,000 | 118,000 | 125,000 | 128,000 | 123,000 | 96,000 | 105,000 | 113,000 | 130,000 | 142,000 | 153,000 |
| Total stockholders’ equity | US$ in thousands | 239,000 | 261,000 | 214,000 | 162,000 | 137,000 | 170,000 | 131,000 | 83,000 | 61,000 | 48,000 | 6,000 | -19,000 | 3,000 | 62,000 | 2,000 | -46,000 | -61,000 | -71,000 | -125,000 | -178,000 |
| ROE | 98.33% | 89.66% | 95.79% | 112.96% | 124.82% | 101.18% | 98.47% | 110.84% | 118.03% | 145.83% | 1,966.67% | — | 4,266.67% | 198.39% | 4,800.00% | — | — | — | — | — |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $235,000K ÷ $239,000K
= 98.33%
Frontdoor Inc's Return on Equity (ROE) has exhibited significant fluctuations over the past few years. The ROE was not available for the periods ending in March and June 2020, indicating potential challenges or changes in the company's financial performance or reporting during that time.
From September 2020 to December 2021, the ROE experienced a substantial increase, reaching exceptionally high levels (up to 4,800.00%). This indicates that the company was generating impressive profits relative to its shareholder equity during this period.
However, from June 2022 onwards, the ROE started to decline gradually, albeit still at relatively healthy levels compared to previous years. The ROE figures ranged between 89.66% to 124.82% from September 2024 to December 2023, indicating that the company continued to generate profits efficiently relative to its equity base.
It is important to delve deeper into the company's financial statements and performance indicators to understand the factors driving these fluctuations in ROE, as well as to assess the sustainability and long-term implications of the observed trends.
Peer comparison
Dec 31, 2024