Frontdoor, Inc. (FTDR) intrinsic value & 10-year financials
Frontdoor, Inc. (FTDR) has a Graham intrinsic value of $72.29 per share. At $79.00 on Oct 17, 2026, the stock trades 9% above that value. Over the last 10 fiscal years revenue grew 8.3% a year to $2.1B, with an average return on invested capital of 32.9%.
- Graham intrinsic value
- $72.29
- Share price (Oct 17, 2026)
- $79.00
- Price vs Graham value
- 9% above
- Market cap
- $5.9B
- Revenue (FY2025)
- $2.1B
- Revenue growth (10-yr CAGR)
- 8.3%
- ROIC (10-yr avg)
- 32.9%
- Free cash flow (FY2025)
- $390.0M
FTDR 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.1B | $255.0M | $3.42 | $390.0M | — | 28.2% |
| FY2024 | $1.8B | $235.0M | $3.01 | $231.0M | — | 34.2% |
| FY2023 | $1.8B | $171.0M | $2.12 | $170.0M | — | 45.7% |
| FY2022 | $1.7B | $71.0M | $0.87 | $102.0M | — | 20.0% |
| FY2021 | $1.6B | $128.0M | $1.50 | $154.0M | — | 38.9% |
| FY2020 | $1.5B | $112.0M | $1.31 | $175.0M | — | 33.1% |
| FY2019 | $1.4B | $153.0M | $1.80 | $178.0M | — | 43.5% |
| FY2018 | $1.3B | $125.0M | $1.47 | $162.0M | — | 37.1% |
| FY2017 | $1.2B | $160.0M | $1.90 | $179.0M | — | 26.2% |
| FY2016 | $1.0B | $124.0M | $1.47 | $144.0M | — | 22.1% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Frontdoor, Inc. is a consistent compounder, expanding top-line revenue at 8.3% annually over the past decade.
Frontdoor, Inc. has earned high returns on invested capital, averaging 32.9% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Over the decade, Frontdoor, Inc. shows that management has aggressively returned capital to shareholders by retiring 11.8% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Frontdoor, Inc. is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $72.29 per share.