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Frontdoor, Inc.（FTDR）与3M（MMM）财务数据对比。点击上方公司名可切换其他公司
3M的季度营收约是Frontdoor, Inc.的14.0倍（$6.0B vs $432.0M）。3M净利率更高（10.8% vs 0.2%，领先10.6%）。Frontdoor, Inc.同比增速更快（12.8% vs 1.3%）。3M自由现金流更多（$2.0B vs $95.0M）。过去两年Frontdoor, Inc.的营收复合增速更高（6.9% vs -1.8%）
Frontdoor, Inc.是领先的家庭服务与保障平台，主要面向美国市场运营。其提供可定制的家庭保修计划，覆盖家电、暖通空调、管道、电气系统的维修更换，同时支持用户按需对接经预先审核的本地服务商，满足住宅维护及维修需求。
3M是美国知名跨国综合企业，业务覆盖工业、劳动者安全防护、消费品等多个领域，总部位于圣保罗郊区的枫木市。公司现有超6万款产品，涵盖胶粘剂、研磨材料、防火防护产品、个人防护装备、窗膜、车漆保护膜、电子连接绝缘材料、汽车养护产品、光学膜等品类。
FTDR vs MMM — 直观对比
营收规模更大
MMM
是对方的14.0倍
$432.0M
营收增速更快
FTDR
高出11.5%
1.3%
净利率更高
MMM
高出10.6%
0.2%
自由现金流更多
MMM
多$1.9B
$95.0M
两年增速更快
FTDR
近两年复合增速
-1.8%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $432.0M | $6.0B |
| 净利润 | $1.0M | $653.0M |
| 毛利率 | 49.3% | 40.7% |
| 营业利润率 | 0.5% | 23.2% |
| 净利率 | 0.2% | 10.8% |
| 营收同比 | 12.8% | 1.3% |
| 净利润同比 | -88.9% | -41.5% |
| 每股收益（稀释后） | $0.03 | $1.23 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FTDRMMM
| Q1 26 | — | $6.0B | ||
| Q4 25 | $432.0M | $6.1B | ||
| Q3 25 | $618.0M | $6.5B | ||
| Q2 25 | $617.0M | $6.3B | ||
| Q1 25 | $426.0M | $6.0B | ||
| Q4 24 | $383.0M | $6.0B | ||
| Q3 24 | $540.0M | $6.3B | ||
| Q2 24 | $542.0M | $6.3B |
净利润FTDRMMM
| Q1 26 | — | $653.0M | ||
| Q4 25 | $1.0M | $577.0M | ||
| Q3 25 | $106.0M | $834.0M | ||
| Q2 25 | $111.0M | $723.0M | ||
| Q1 25 | $37.0M | $1.1B | ||
| Q4 24 | $9.0M | $728.0M | ||
| Q3 24 | $100.0M | $1.4B | ||
| Q2 24 | $92.0M | $1.1B |
毛利率FTDRMMM
| Q1 26 | — | 40.7% | ||
| Q4 25 | 49.3% | 33.6% | ||
| Q3 25 | 57.1% | 41.8% | ||
| Q2 25 | 57.7% | 42.5% | ||
| Q1 25 | 55.2% | 41.6% | ||
| Q4 24 | 48.0% | 51.7% | ||
| Q3 24 | 56.7% | 42.1% | ||
| Q2 24 | 56.5% | 42.9% |
营业利润率FTDRMMM
| Q1 26 | — | 23.2% | ||
| Q4 25 | 0.5% | 13.0% | ||
| Q3 25 | 23.0% | 22.2% | ||
| Q2 25 | 23.7% | 18.0% | ||
| Q1 25 | 11.3% | 20.9% | ||
| Q4 24 | 1.6% | 12.2% | ||
| Q3 24 | 24.8% | 20.9% | ||
| Q2 24 | 22.9% | 20.3% |
净利率FTDRMMM
| Q1 26 | — | 10.8% | ||
| Q4 25 | 0.2% | 9.4% | ||
| Q3 25 | 17.2% | 12.8% | ||
| Q2 25 | 18.0% | 11.4% | ||
| Q1 25 | 8.7% | 18.7% | ||
| Q4 24 | 2.3% | 12.1% | ||
| Q3 24 | 18.5% | 21.8% | ||
| Q2 24 | 17.0% | 18.3% |
每股收益（稀释后）FTDRMMM
| Q1 26 | — | $1.23 | ||
| Q4 25 | $0.03 | $1.07 | ||
| Q3 25 | $1.42 | $1.55 | ||
| Q2 25 | $1.48 | $1.34 | ||
| Q1 25 | $0.49 | $2.04 | ||
| Q4 24 | $0.10 | $1.33 | ||
| Q3 24 | $1.30 | $2.48 | ||
| Q2 24 | $1.18 | $2.07 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $566.0M | $3.7B |
| 总债务越低越好 | $1.1B | $10.9B |
| 股东权益账面价值 | $242.0M | $3.3B |
| 总资产 | $2.1B | $35.4B |
| 负债/权益比越低杠杆越低 | 4.73× | 3.29× |
8季度趋势，按日历期对齐
现金及短期投资FTDRMMM
| Q1 26 | — | $3.7B | ||
| Q4 25 | $566.0M | — | ||
| Q3 25 | $563.0M | — | ||
| Q2 25 | $562.0M | — | ||
| Q1 25 | $506.0M | — | ||
| Q4 24 | $436.0M | — | ||
| Q3 24 | $375.0M | — | ||
| Q2 24 | $419.0M | — |
总债务FTDRMMM
| Q1 26 | — | $10.9B | ||
| Q4 25 | $1.1B | $12.6B | ||
| Q3 25 | $1.2B | $12.6B | ||
| Q2 25 | $1.2B | $13.1B | ||
| Q1 25 | $1.2B | $13.5B | ||
| Q4 24 | $1.2B | $13.0B | ||
| Q3 24 | $565.0M | $13.2B | ||
| Q2 24 | $569.0M | $13.1B |
股东权益FTDRMMM
| Q1 26 | — | $3.3B | ||
| Q4 25 | $242.0M | $4.7B | ||
| Q3 25 | $316.0M | $4.6B | ||
| Q2 25 | $254.0M | $4.3B | ||
| Q1 25 | $198.0M | $4.5B | ||
| Q4 24 | $239.0M | $3.8B | ||
| Q3 24 | $261.0M | $4.6B | ||
| Q2 24 | $214.0M | $3.9B |
总资产FTDRMMM
| Q1 26 | — | $35.4B | ||
| Q4 25 | $2.1B | $37.7B | ||
| Q3 25 | $2.2B | $37.6B | ||
| Q2 25 | $2.2B | $38.0B | ||
| Q1 25 | $2.1B | $40.0B | ||
| Q4 24 | $2.1B | $39.9B | ||
| Q3 24 | $1.2B | $40.9B | ||
| Q2 24 | $1.2B | $43.4B |
负债/权益比FTDRMMM
| Q1 26 | — | 3.29× | ||
| Q4 25 | 4.73× | 2.68× | ||
| Q3 25 | 3.64× | 2.72× | ||
| Q2 25 | 4.56× | 3.06× | ||
| Q1 25 | 5.88× | 3.02× | ||
| Q4 24 | 4.90× | 3.40× | ||
| Q3 24 | 2.16× | 2.84× | ||
| Q2 24 | 2.66× | 3.34× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $101.0M | — |
| 自由现金流经营现金流 - 资本支出 | $95.0M | $2.0B |
| 自由现金流率自由现金流/营收 | 22.0% | 33.6% |
| 资本支出强度资本支出/营收 | 1.4% | — |
| 现金转化率经营现金流/净利润 | 101.00× | — |
| 过去12个月自由现金流最近4个季度 | $390.0M | $3.7B |
8季度趋势，按日历期对齐
经营现金流FTDRMMM
| Q1 26 | — | — | ||
| Q4 25 | $101.0M | $1.6B | ||
| Q3 25 | $64.0M | $1.8B | ||
| Q2 25 | $127.0M | $-954.0M | ||
| Q1 25 | $124.0M | $-79.0M | ||
| Q4 24 | $58.0M | $1.8B | ||
| Q3 24 | $25.0M | $-1.8B | ||
| Q2 24 | $103.0M | $1.0B |
自由现金流FTDRMMM
| Q1 26 | — | $2.0B | ||
| Q4 25 | $95.0M | $1.3B | ||
| Q3 25 | $58.0M | $1.5B | ||
| Q2 25 | $120.0M | $-1.2B | ||
| Q1 25 | $117.0M | $-315.0M | ||
| Q4 24 | $50.0M | $1.5B | ||
| Q3 24 | $16.0M | $-2.0B | ||
| Q2 24 | $91.0M | $752.0M |
自由现金流率FTDRMMM
| Q1 26 | — | 33.6% | ||
| Q4 25 | 22.0% | 21.8% | ||
| Q3 25 | 9.4% | 23.6% | ||
| Q2 25 | 19.4% | -18.3% | ||
| Q1 25 | 27.5% | -5.3% | ||
| Q4 24 | 13.1% | 25.4% | ||
| Q3 24 | 3.0% | -32.3% | ||
| Q2 24 | 16.8% | 12.0% |
资本支出强度FTDRMMM
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | 4.0% | ||
| Q3 25 | 1.0% | 3.3% | ||
| Q2 25 | 1.1% | 3.3% | ||
| Q1 25 | 1.6% | 4.0% | ||
| Q4 24 | 2.1% | 4.8% | ||
| Q3 24 | 1.7% | 3.9% | ||
| Q2 24 | 2.2% | 4.3% |
现金转化率FTDRMMM
| Q1 26 | — | — | ||
| Q4 25 | 101.00× | 2.74× | ||
| Q3 25 | 0.60× | 2.11× | ||
| Q2 25 | 1.14× | -1.32× | ||
| Q1 25 | 3.35× | -0.07× | ||
| Q4 24 | 6.44× | 2.50× | ||
| Q3 24 | 0.25× | -1.30× | ||
| Q2 24 | 1.12× | 0.89× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FTDR
| Renewals | $332.0M | 77% |
| Other | $43.0M | 10% |
| Direct To Consumer Home Service Plan Contracts | $30.0M | 7% |
| Real Estate Home Service Plan Contracts | $27.0M | 6% |
MMM
| Safety and Industrial business segment | $2.9B | 49% |
| Transportation and Electronics business segment | $1.8B | 31% |
| Consumer business segment | $1.1B | 19% |
| Corporate | $121.0M | 2% |
