ADT Inc

Latest Results (29.09.2025):

In the fourth quarter and full year of 2024, ADT Inc. reported strong financial performance, with GAAP earnings per share increasing by 40% and adjusted earnings per share growing by 25%. The company achieved record recurring monthly revenue and maintained high customer retention, while also returning $423 million to shareholders and continuing to reduce leverage. ADT is poised to sustain its momentum into 2025 with robust cash flow and the initiation of a new $500 million share repurchase plan.

Revenue Growth

ADT Inc. saw an 8% increase in total revenue for the fourth quarter of 2024, reaching $1.3 billion, and a 5% rise for the full year, totaling $4.9 billion. The growth was driven by higher average prices in monitoring and related services and an increased mix of professionally installed systems under the new ADT+ platform.

Strong Earnings Performance

GAAP income from continuing operations surged by 40% in the fourth quarter to $197 million, or $0.21 per diluted share, and by 38% for the full year to $619 million, or $0.66 per diluted share. Adjusted income from continuing operations also saw significant growth, up 25% for the year to $685 million, highlighting ADT's enhanced profitability.

Robust Cash Flow and Shareholder Returns

ADT generated $1.9 billion in net cash from operating activities for the full year 2024, marking a 14% increase. The company achieved an adjusted free cash flow of $744 million, up 42%. Additionally, ADT returned $423 million to shareholders, demonstrating a strong commitment to shareholder value while continuing to reduce debt.

Record Recurring Revenue and Customer Retention

The company's end-of-period recurring monthly revenue reached a record $359 million for Q4 2024 and $4.3 billion on an annualized basis. ADT maintained a high customer retention rate with gross revenue attrition at 12.7% and a revenue payback period of 2.2 years, underscoring its strong market position and customer loyalty.

Future Growth and Share Repurchase Plan

Looking ahead to 2025, ADT Inc. plans to maintain its growth trajectory with continued strong cash flow generation and the launch of a new $500 million share repurchase program. These initiatives reflect ADT's confidence in its ongoing business strategies and commitment to enhancing shareholder value.