NYSE$ADT
ADT Inc. · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
ADT reported strong financial and operating results, maintained record low revenue payback, and grew RMR additions by double digits.
ADT Inc. reported Q4 2020 results with a total revenue of $1,315 million compared to $1,298 million in the prior year. The company's net loss was $112 million, compared to $72 million in the prior year. ADT maintained its record low revenue payback, while growing RMR additions by double digits and increasing net subscribers.
- Total revenue of $1,315 million, compared to $1,298 million.
- Net loss of $112 million, compared to $72 million.
- U.S. Recurring Monthly Revenue additions up 15% in Q4.
- Grew net subscribers for both Q4 and full year.
Headline financials
Revenue & EPS history
ADT · Revenue · Quarterly
$1.32B
Forward guidance
ADT expects demand catalysts to continue in 2021 and is targeting full year Recurring Monthly Revenue additions to grow in the mid-teens. The Company is providing the following financial guidance for 2021: Total Revenue $5,050 - $5,250 million, Adjusted EBITDA $2,100 - $2,200 million, Adjusted Free Cash Flow $450 - $550 million.
Tailwinds
- Targeting full year Recurring Monthly Revenue additions to grow in the mid-teens.
- Total Revenue $5,050 - $5,250 million
- Adjusted EBITDA $2,100 - $2,200 million
- Adjusted Free Cash Flow $450 - $550 million
- Growth momentum in the second half of 2020
Headwinds
- Increased spending on subscriber acquisition costs
- Increased spending on other technology investments
- Guidance excludes 3G and Code-Division Multiple Access (“CDMA”) radio conversion costs.
- Residential equipment ownership model transition includes estimated non-cash reductions in reported revenue ($350 million to $400 million)
- Residential equipment ownership model transition includes estimated non-cash reductions in Adjusted EBITDA ($80 million to $100 million).
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2020
-2.2%
Avg return
Earnings day
-3.8%
Avg return
5 days after
-1.7%
Avg return
30 days after
46%
17 / 37 earnings
Positive
+13.9%
Q3 2024
Best reaction
-25.8%
Q4 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +5.0% | -2.2% | -6.6% | |
| Q4 2025 | +2.0% | -18.3% | -18.3% | |
| Q3 2025 | -7.9% | -5.9% | -7.7% | |
| Q1 2025 | -2.0% | +0.9% | +3.9% | |
| Q4 2024 | +7.8% | +0.8% | +7.6% | |
| Q3 2024 | +13.9% | +6.2% | +9.0% | |
| Q2 2024 | -10.9% | -9.1% | -6.3% | |
| Q1 2024 | +0.8% | +1.9% | +13.2% | |
| Q4 2023 | +11.2% | +12.3% | +2.9% | |
| Q3 2023 | +9.9% | +9.1% | +10.8% | |
| Q2 2023 | +5.2% | +6.3% | -5.5% | |
| Q1 2023 | -20.7% | -13.5% | -15.2% | |
| Q4 2022 | -3.3% | -2.4% | -8.9% | |
| Q3 2022 | +2.9% | +5.6% | +18.2% | |
| Q2 2022 | +9.7% | +7.4% | -1.4% | |
| Q1 2022 | -3.4% | -7.0% | +2.9% | |
| Q4 2021 | +7.8% | +3.8% | +3.8% | |
| Q3 2021 | -0.6% | +1.1% | -5.1% | |
| Q2 2021 | -13.5% | -14.0% | -17.9% | |
| Q1 2021 | +3.1% | +2.7% | +19.6% | |
| Q4 2020 | -25.8% | -30.0% | -19.9% | |
| Q3 2020 | +4.3% | +5.9% | +22.3% | |
| Q2 2020 | -5.9% | -6.6% | -19.4% | |
| Q1 2020 | +2.2% | +4.9% | +51.4% | |
| Q4 2019 | -12.6% | -22.6% | -38.4% | |
| Q3 2019 | +8.0% | +8.5% | +9.1% | |
| Q2 2019 | -7.1% | -11.9% | -5.3% | |
| Q1 2019 | -11.6% | -8.9% | -13.2% | |
| Q4 2016 | -11.0% | -12.3% | -9.6% | |
| Q4 2018 | -11.0% | -12.3% | -9.6% | |
| Q3 2017 | +5.8% | +5.8% | +0.4% | |
| Q3 2018 | +10.7% | +1.8% | +1.8% | |
| Q2 2017 | -6.1% | -6.1% | -7.2% | |
| Q2 2018 | -7.4% | +0.0% | -3.8% | |
| Q1 2018 | -7.6% | -14.8% | -4.1% | |
| Q1 2017 | -7.6% | -14.8% | -4.1% | |
| Q4 2017 | -14.5% | -12.2% | -11.9% | |
| Q3 2016 | — | — | — | |
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| Q4 2015 | — | — | — | |
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| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
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| Q1 2014 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — |
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