Frontdoor Historical Income Statement
| FTDR Stock | USD 58.60 0.43 0.74% |
Historical analysis of Frontdoor income statement accounts such as Depreciation And Amortization of 27.4 M or Interest Expense of 31 M can show how well Frontdoor performed in making a profits. Evaluating Frontdoor income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Frontdoor's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Frontdoor latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Frontdoor is a good buy for the upcoming year.
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About Frontdoor Income Statement Analysis
Frontdoor Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Frontdoor shareholders. The income statement also shows Frontdoor investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Frontdoor Income Statement Chart
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Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Frontdoor generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Frontdoor. It is also known as Frontdoor overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Frontdoor's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Frontdoor current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frontdoor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Frontdoor Stock, please use our How to Invest in Frontdoor guide.At this time, Frontdoor's Interest Income is relatively stable compared to the past year. As of 12/01/2024, Selling General Administrative is likely to grow to about 380.5 M, while Depreciation And Amortization is likely to drop slightly above 27.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 1M | 4M | 15M | 15.8M | Tax Provision | 39M | 22M | 53M | 39.5M |
Frontdoor income statement Correlations
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Frontdoor Account Relationship Matchups
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Frontdoor income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | 51M | 37M | 39M | 22M | 53M | 39.5M | |
| Depreciation And Amortization | 20M | 24M | 34M | 35M | 37M | 27.4M | |
| Interest Expense | 62M | 58M | 39M | 31M | 40M | 31.0M | |
| Selling General Administrative | 392M | 467M | 511M | 269M | 282M | 380.5M | |
| Selling And Marketing Expenses | 312M | 338M | 467M | 253M | 299M | 347.4M | |
| Total Revenue | 1.4B | 1.5B | 1.6B | 1.7B | 1.8B | 1.5B | |
| Gross Profit | 678M | 717M | 784M | 710M | 885M | 716.0M | |
| Other Operating Expenses | 1.1B | 1.3B | 1.4B | 1.5B | 1.5B | 1.3B | |
| Operating Income | 262M | 215M | 241M | 158M | 304M | 245.9M | |
| Net Income From Continuing Ops | 153M | 112M | 129M | 71M | 172M | 103.6M | |
| Ebit | 262M | 215M | 238M | 124M | 268M | 236.5M | |
| Ebitda | 286M | 249M | 273M | 158M | 305M | 263.9M | |
| Cost Of Revenue | 687M | 758M | 818M | 952M | 895M | 779.5M | |
| Total Operating Expenses | 416M | 501M | 546M | 555M | 581M | 470.7M | |
| Income Before Tax | 204M | 149M | 168M | 93M | 229M | 143.5M | |
| Total Other Income Expense Net | (58M) | (100M) | (105M) | (94M) | (75M) | (78.8M) | |
| Net Income Applicable To Common Shares | 153M | 112M | 128M | 71M | 63.9M | 99.3M | |
| Net Income | 153M | 112M | 128M | 71M | 171M | 103.5M | |
| Income Tax Expense | 51M | 37M | 39M | 22M | 57M | 39.8M | |
| Net Interest Income | (56M) | (58M) | (38M) | (27M) | (24M) | (25.2M) | |
| Reconciled Depreciation | 20M | 24M | 34M | 35M | 37M | 31.6M | |
| Non Recurring | 1M | 8M | 3M | 34M | 39.1M | 41.1M |
Pair Trading with Frontdoor
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Frontdoor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Frontdoor will appreciate offsetting losses from the drop in the long position's value.Moving together with Frontdoor Stock
Moving against Frontdoor Stock
The ability to find closely correlated positions to Frontdoor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Frontdoor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Frontdoor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Frontdoor to buy it.
The correlation of Frontdoor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Frontdoor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Frontdoor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Frontdoor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Frontdoor Stock Analysis
When running Frontdoor's price analysis, check to measure Frontdoor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Frontdoor is operating at the current time. Most of Frontdoor's value examination focuses on studying past and present price action to predict the probability of Frontdoor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Frontdoor's price. Additionally, you may evaluate how the addition of Frontdoor to your portfolios can decrease your overall portfolio volatility.