Frontdoor Inc (FTDR) Financial

Frontdoor, Inc. engages in the provision of home service plans. The company is headquartered in Memphis, Tennessee and currently employs 2,034 full-time employees. The company went IPO on 2018-09-13. Its customizable home warranties help customers protect and maintain their homes, typically their assets, from costly and unplanned breakdowns of essential home systems and appliances. The company operates primarily under the American Home Shield and 2-10 HBW brands. Its annual service plan agreement covers the repair or replacement of components of up to 29 home systems and appliances, including electrical, plumbing, HVAC systems, water heaters, refrigerators, dishwashers and ranges/ovens/cooktops, as well as optional coverage for electronics, pools, spas and pumps. Its operations also include its Streem, a technology platform that uses augmented reality, computer vision and machine learning to provide services. The company has approximately 2.1 million active home warranties across all brands in the United States, including its American Home Shield, HSA, OneGuard, Landmark and 2-10 HBW brands.