Company Overview of American Home Shield Corporation
American Home Shield Corporation operates as a home warranty company in the United States. The company offers home protection plan, a service contract which covers the repair or replacement of home system components and appliances that break down over time. It also offers home care advices in the areas of maintenance tips and quick fixes, buying a home, selling a home, saving money, lawn and garden, entertaining and home, and unique homes. The company was founded in 1971 and is headquartered in Memphis, Tennessee with service centers in Georgia, Iowa, and Tennessee. American Home Shield Corporation operates as a subsidiary of The ServiceMaster Company.
860 Ridge Lake Boulevard
Memphis, TN 38135
Founded in 1971
Key Executives for American Home Shield Corporation
Compensation as of Fiscal Year 2014.
American Home Shield Corporation Key Developments
American Home Shield Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014
Feb 26 15
American Home Shield reported unaudited earnings results for the fourth quarter and full year ended December 31, 2014. The company reported an 11% revenue increase in the fourth-quarter of 2014 compared to the fourth-quarter of 2013, driven by the acquisition of HSA, higher customer count, and favorable product mix, partially offset by timing within the year of contract revenue. Adjusted EBITDA increased 13% or $4 million versus prior year, primarily reflecting the acquisition of HSA, organic growth and improved operating efficiencies, partially offset by the in-year timing of revenue and an increase in marketing in the direct-to-consumer channel.
For the full-year, the company’s revenue increased 12%, driven by the acquisition of HSA, higher customer counts, and favorable product mix. Adjusted EBITDA increased 23% or $34 million, driven by the acquisition of HSA, organic growth, improved operating efficiency and lower claim volume, partially offset by an increase in marketing investment.
American Home Shield Announces Unaudited Preliminary Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013
Feb 27 14
American Home shield announced unaudited preliminary earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, revenue was $172 million and adjusted EBITDA was $37 million.
For the year, revenue was $740 million and adjusted EBITDA was $171 million.
American Home Shield Corporation Announces Unaudited Financial Results for the Second Quarter and Six Months Ended June 30, 2013
Aug 14 13
American Home Shield Corporation announced unaudited financial results for the second quarter and six months ended June 30, 2013. For the quarter, the company reported operating revenue of $206.025 million against $208.394 million a year ago. Operating income was $43.858 million against $40.556 million a year ago. Adjusted EBITDA was $47.191 million against $44.258 million a year ago. The operating revenue results reflect a decrease due to differences between years in the timing of contract claims, partially offset by improved price realization and a 1.3% increase in average customer counts.
For the six month, the company reported operating revenue of $349.340 million against $367.439 million a year ago. Operating income was $67.418 million against $68.384 million a year ago. Adjusted EBITDA was $74.092 million against $75.409 million a year ago.
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