Frontdoor Gross Profit from 2010 to 2024

FTDR Stock  USD 58.46  1.02  1.78%   
Frontdoor Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to drop to about 716 M. Gross Profit is the profit Frontdoor makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2016-12-31
Previous Quarter
296 M
Current Value
305 M
Quarterly Volatility
83.6 M
 
Covid
Check Frontdoor financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Frontdoor's main balance sheet or income statement drivers, such as Tax Provision of 39.5 M, Interest Income of 15.8 M or Depreciation And Amortization of 27.4 M, as well as many indicators such as Price To Sales Ratio of 2.4, Dividend Yield of 0.0 or PTB Ratio of 19.66. Frontdoor financial statements analysis is a perfect complement when working with Frontdoor Valuation or Volatility modules.
  
Check out the analysis of Frontdoor Correlation against competitors.
To learn how to invest in Frontdoor Stock, please use our How to Invest in Frontdoor guide.

Latest Frontdoor's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Frontdoor over the last few years. Gross profit is a required income statement account that reflects total revenue of Frontdoor minus its cost of goods sold. It is profit before Frontdoor operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Frontdoor's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Frontdoor's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 710 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Frontdoor Gross Profit Regression Statistics

Arithmetic Mean588,265,185
Geometric Mean571,821,962
Coefficient Of Variation25.15
Mean Deviation128,051,556
Median568,000,000
Standard Deviation147,934,169
Sample Variance21884.5T
Range435M
R-Value0.91
Mean Square Error3985.1T
R-Squared0.83
Slope30,153,016
Total Sum of Squares306383.3T

Frontdoor Gross Profit History

2024716 M
2023885 M
2022710 M
2021784 M
2020717 M
2019678 M
2018572 M

Other Fundumenentals of Frontdoor

Frontdoor Gross Profit component correlations

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0.571.00.91-1.0-0.67-0.770.94-0.510.91-0.77-0.94-0.50.75-0.50.360.94-0.83-0.41-0.03-0.52-0.540.560.210.3
0.551.00.92-1.0-0.68-0.770.94-0.520.92-0.77-0.95-0.50.74-0.50.350.95-0.84-0.43-0.05-0.52-0.550.560.20.29
0.660.910.92-0.92-0.91-0.70.99-0.770.97-0.72-0.82-0.770.84-0.770.580.99-0.96-0.420.05-0.79-0.840.820.380.58
-0.6-1.0-1.0-0.920.690.75-0.950.54-0.910.750.930.52-0.780.52-0.37-0.950.840.40.010.540.57-0.59-0.23-0.32
-0.62-0.67-0.68-0.910.690.58-0.870.83-0.870.610.560.93-0.760.93-0.71-0.860.930.31-0.170.910.98-0.92-0.42-0.76
-0.23-0.77-0.77-0.70.750.58-0.750.48-0.761.00.840.5-0.380.5-0.39-0.720.740.490.180.440.44-0.46-0.22-0.24
0.650.940.940.99-0.95-0.87-0.75-0.740.98-0.76-0.88-0.710.81-0.710.561.0-0.95-0.470.0-0.77-0.780.790.40.53
-0.55-0.51-0.52-0.770.540.830.48-0.74-0.750.530.470.81-0.590.81-0.72-0.730.830.480.040.940.87-0.92-0.73-0.7
0.50.910.920.97-0.91-0.87-0.760.98-0.75-0.78-0.88-0.710.71-0.710.510.98-0.95-0.56-0.13-0.75-0.80.760.330.48
-0.25-0.77-0.77-0.720.750.611.0-0.760.53-0.780.830.53-0.390.53-0.41-0.740.760.490.180.480.47-0.49-0.26-0.27
-0.35-0.94-0.95-0.820.930.560.84-0.880.47-0.880.830.34-0.530.34-0.26-0.870.760.640.310.440.42-0.47-0.22-0.19
-0.62-0.5-0.5-0.770.520.930.5-0.710.81-0.710.530.34-0.731.0-0.75-0.70.830.06-0.390.870.94-0.88-0.42-0.72
0.930.750.740.84-0.78-0.76-0.380.81-0.590.71-0.39-0.53-0.73-0.730.620.82-0.740.060.53-0.69-0.70.740.390.58
-0.62-0.5-0.5-0.770.520.930.5-0.710.81-0.710.530.341.0-0.73-0.75-0.70.830.06-0.390.870.94-0.88-0.42-0.72
0.740.360.350.58-0.37-0.71-0.390.56-0.720.51-0.41-0.26-0.750.62-0.750.55-0.54-0.070.35-0.82-0.680.750.760.82
0.650.940.950.99-0.95-0.86-0.721.0-0.730.98-0.74-0.87-0.70.82-0.70.55-0.94-0.470.0-0.76-0.770.790.390.53
-0.55-0.83-0.84-0.960.840.930.74-0.950.83-0.950.760.760.83-0.740.83-0.54-0.940.460.00.830.89-0.87-0.38-0.58
0.15-0.41-0.43-0.420.40.310.49-0.470.48-0.560.490.640.060.060.06-0.07-0.470.460.840.390.3-0.34-0.35-0.17
0.61-0.03-0.050.050.01-0.170.180.00.04-0.130.180.31-0.390.53-0.390.350.00.00.84-0.12-0.150.190.030.24
-0.67-0.52-0.52-0.790.540.910.44-0.770.94-0.750.480.440.87-0.690.87-0.82-0.760.830.39-0.120.93-0.98-0.74-0.84
-0.56-0.54-0.55-0.840.570.980.44-0.780.87-0.80.470.420.94-0.70.94-0.68-0.770.890.3-0.150.93-0.93-0.44-0.76
0.70.560.560.82-0.59-0.92-0.460.79-0.920.76-0.49-0.47-0.880.74-0.880.750.79-0.87-0.340.19-0.98-0.930.690.8
0.60.210.20.38-0.23-0.42-0.220.4-0.730.33-0.26-0.22-0.420.39-0.420.760.39-0.38-0.350.03-0.74-0.440.690.68
0.660.30.290.58-0.32-0.76-0.240.53-0.70.48-0.27-0.19-0.720.58-0.720.820.53-0.58-0.170.24-0.84-0.760.80.68
Click cells to compare fundamentals

About Frontdoor Financial Statements

Frontdoor shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Frontdoor investors may analyze each financial statement separately, they are all interrelated. The changes in Frontdoor's assets and liabilities, for example, are also reflected in the revenues and expenses on on Frontdoor's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit885 M716 M
Gross Profit Margin 0.50  0.53 

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

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  0.61SG SweetgreenPairCorr
  0.91WH Wyndham Hotels ResortsPairCorr

Moving against Frontdoor Stock

  0.69WING WingstopPairCorr
  0.68EJH E Home HouseholdPairCorr
  0.56BDL Flanigans EnterprisesPairCorr
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.
Pair CorrelationCorrelation Matching

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.