Frontdoor, Inc. balance sheet
At the end of fiscal 2025, Frontdoor, Inc. had total assets of $2.14bn and shareholders' equity of $242m. It held $566m in cash against $1.19bn of debt: net debt of $623m.
Balance sheet
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 168 | 282 | 296 | 428 | 597 | 262 | 292 | 325 | 421 | 566 | 627 |
| Receivables | — | 406 | 12 | 11 | 5 | 7 | 5 | 6 | 10 | 10 | 11 |
| Total current assets | — | 741 | 330 | 461 | 626 | 295 | 330 | 363 | 488 | 624 | 692 |
| Goodwill | 471 | 476 | 476 | 501 | 512 | 512 | 503 | 503 | 967 | 959 | 963 |
| Total assets | — | 1,416 | 1,041 | 1,250 | 1,405 | 1,069 | 1,082 | 1,089 | 2,107 | 2,142 | 2,186 |
| Accounts payable | — | 33 | 41 | 48 | 55 | 66 | 80 | 76 | 71 | 89 | 118 |
| Deferred revenue (current) | — | 573 | 185 | 188 | 187 | 155 | 121 | 102 | 123 | 107 | 103 |
| Total current liabilities | — | 705 | 345 | 364 | 403 | 378 | 364 | 331 | 369 | 402 | 435 |
| Long-term debt | — | — | 977 | 973 | 968 | 608 | 609 | 593 | 1,199 | 1,173 | 1,160 |
| Total debt | 0 | 9 | 984 | 980 | 975 | 625 | 609 | 598 | 1,218 | 1,189 | 1,174 |
| Total liabilities | — | — | 1,385 | — | — | — | — | — | — | — | — |
| Shareholders' equity | 560 | 661 | −344 | −179 | −61 | 2 | 61 | 136 | 239 | 242 | 284 |
| Net debt (negative = net cash) | −168 | −273 | 688 | 552 | 378 | 363 | 317 | 273 | 797 | 623 | 547 |
| Shares outstanding | — | — | 85m | 85m | 85m | 83m | 82m | 78m | 75m | 71m | 69m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 6 | 10 | 11 | 10 | 10 | 10 | 10 | 11 |
| Total current assets | 484 | 488 | 554 | 620 | 695 | 624 | 661 | 692 |
| Goodwill | 503 | 967 | 959 | 972 | 971 | 959 | 959 | 963 |
| Total assets | 1,217 | 2,107 | 2,121 | 2,172 | 2,227 | 2,142 | 2,164 | 2,186 |
| Accounts payable | 91 | 71 | 76 | 106 | 104 | 89 | 87 | 118 |
| Deferred revenue (current) | 89 | 123 | 177 | 104 | 94 | 107 | 173 | 103 |
| Total current liabilities | 341 | 369 | 414 | 416 | 401 | 402 | 451 | 435 |
| Long-term debt | 582 | 1,199 | 1,193 | 1,186 | 1,180 | 1,173 | 1,167 | 1,160 |
| Total debt | 582 | 1,199 | 1,193 | 1,186 | 1,180 | 1,173 | 1,167 | 1,160 |
| Shareholders' equity | 261 | 239 | 198 | 254 | 316 | 242 | 230 | 284 |
| Shares outstanding | 76m | 75m | 74m | 73m | 72m | 71m | 71m | 69m |
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