Frontdoor Inc.
Company Overview
Frontdoor Inc. is a provider of home service plans that cover major home system components and appliances. The company offers home service plans under the American Home Shield, HSA, Landmark, OneGuard, and ProConnect brands. These plans help protect homeowners from unexpected repair and replacement costs for major home systems and appliances.
The company operates primarily in the United States, providing services through a network of pre-qualified professional contractors. Their core business model involves selling service contracts to homeowners and coordinating repairs when covered items break down.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $540.0m | $412.0m | - | $10.0m | 0.00% | 2.43% |
| June 30, 2024 | $542.0m | $424.0m | - | $10.0m | 0.00% | 2.36% |
| March 31, 2024 | $378.0m | $338.0m | - | $10.0m | 0.00% | 2.96% |
Company Impact
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