Realogy Reports Fourth Quarter and Full Year 2020 Financial Results
MADISON, N.J. , Feb. 23, 2021 |PRNewswire| -- Realogy Holdings Corp. (NYSE: RLGY ), the largest full-service residential real estate services company in the United States , today reported financial results for the fourth quarter and full year ended December 31, 2020. "Realogy had an outstanding 2020, delivering $726 million in Operating EBITDA, $555 million in free cash flow, 13% homesale transaction volume growth, and substantial capital structure improvements," said Ryan Schneider , Realogy's chief executive officer and president. "In an extraordinary year, we were able to capitalize on the dynamic housing market, accelerate our strategic progress, and capture significant incremental transaction economics. With our strategic success and strong momentum, we believe Realogy is well-positioned to lead into the future. 2021 is off to a very strong start, and we are excited as we look ahead." "2020 was a year of tremendous operational and financial execution for Realogy," said Charlotte Simonelli , Realogy's executive vice president, chief financial officer, and treasurer. "In the year we delivered top-line growth, cost efficiencies, impressive profitability, and greater simplification while continuing to invest in the business.
Realogy Reports Fourth Quarter and Full Year 2020 Financial Results
MADISON, N.J. , Feb. 23, 2021 |PRNewswire| -- Realogy Holdings Corp. (NYSE: RLGY ), the largest full-service residential real estate services company in the United States , today reported financial results for the fourth quarter and full year ended December 31, 2020. "Realogy had an outstanding 2020, delivering $726 million in Operating EBITDA, $555 million in free cash flow, 13% homesale transaction volume growth, and substantial capital structure improvements," said Ryan Schneider , Realogy's chief executive officer and president. "In an extraordinary year, we were able to capitalize on the dynamic housing market, accelerate our strategic progress, and capture significant incremental transaction economics. With our strategic success and strong momentum, we believe Realogy is well-positioned to lead into the future. 2021 is off to a very strong start, and we are excited as we look ahead." "2020 was a year of tremendous operational and financial execution for Realogy," said Charlotte Simonelli , Realogy's executive vice president, chief financial officer, and treasurer. "In the year we delivered top-line growth, cost efficiencies, impressive profitability, and greater simplification while continuing to invest in the business.