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Frontdoor Inc (Frontdoor) is a provider of home services, specializing in home warranties and repair solutions. It also offers maintenance services to homeowners. The company offers financial protection against unplanned and expensive home repairs. Front door offers customizable home warranties and a subscription-based app that offers on-demand home services. Its brands include American Home Shield and Frontdoor, among others. Its services cater to homeowners seeking protection. The company operates across the US. Frontdoor is headquartered in Memphis, Tennessee, the US.
Headquarters
United States of America
Address
3400 Players Club Parkway, Ste. 300, Memphis, Tennessee, 38125
Website
www.frontdoorhome.com
Telephone
1 901 7015000
No of Employees
2,034
Industry
Business and Consumer Services
Ticker Symbol & Exchange
FTDR (NASD)
Revenue (2024)
$2.1B
13.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
8.1%
(2024 vs 2023)
Market Cap*
$4.3B
Net Profit Margin (2024)
XYZ
-4.8%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products | Services |
|---|---|
| Mobile Applications. | Home Service |
| Furniture Assembly | |
| Cleaning Services |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In December, the company announced the launch of the syndication of a new US$1.47 billion credit facility to fund the acquisition of 2-10 Home Buyers Warranty. |
| 2024 | Contracts/Agreements | In November, the company expanded its partnership with Moen to install Moen Flo Smart Water Monitor and Shutoff in seven new states for customers purchasing Flo through home insurance provider marketing programs. |
| 2024 | Contracts/Agreements | In June, the company signed an agreement to acquire 2-10 Home Buyers Warranty for US$585 million. |
Competitor Comparison
| Key Parameters | Frontdoor Inc | Cinch Home Services, Inc | First American Home Warranty Corporation | HomeServe USA Corp | Liberty Home Guard |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Memphis | Boca Raton | Santa Rosa | Norwalk | - |
| State/Province | Tennessee | Florida | California | Connecticut | - |
| No. of Employees | 2,034 | - | - | - | - |
| Entity Type | Public | Private | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| William C. Cobb | Chief Executive Officer; Chairman | Executive Board | 2022 | - |
| Jason L. Bailey | Chief Financial Officer; Senior Vice President | Senior Management | - | - |
| Balakrishnan A. Ganesh | Chief Technology Officer; Senior Vice President | Senior Management | 2023 | - |
| Jeffrey A. Fiarman | Chief Legal Officer; Secretary; Senior Vice President | Senior Management | 2024 | - |
| Kathryn M. Collins | Senior Vice President; Chief Revenue Officer | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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