Fortune Brands Innovations, Inc. FBIN
We are an industry leading home, security and digital products company whose purpose is to elevate every life by transforming spaces into havens. We sell our products through a wide array of sales channels, including kitchen and bath dealers, wholesalers oriented toward builders or professional remodelers, industrial and locksmith distributors, "do-it-yourself" remodeling-oriented home centers, showrooms, direct to consumer, e-commerce and other retail outlets.
Building on leading business and brand positions in attractive growth and return categories. We have leading brands with what we believe to be sustainable competitive advantages in many of our product categories, which we sell primarily in North America and China. We believe that established brands are meaningful to both consumers and trade customers in their respective categories and that we have the opportunity to, among other things, gain share in the marketplace and continue to strengthen many of our brands through cross-branding, expanding into adjacent product categories, and expanding in international and e-commerce markets. For example, we are continuing to align our Water, Outdoors and Security products with long-term secular trends within connected products, outdoor living, sustainability, water management, material conversion, luxury, and safety and wellness. We are committed to continuing to invest in our brands, our digital and connected transformation, capacity and supply chain through strategic sourcing, automation, machine learning, artificial intelligence, data-driven insights and processes, and leveraging our global scale to strengthen our business and continue to meet demand for our products.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.46B | $4.61B | $4.63B | $4.72B | $4.80B | $3.62B | $5.76B | $5.49B | $5.28B | $4.98B |
| Cost of revenue | $2.47B | $2.54B | $2.71B | $2.79B | $2.84B | $2.16B | $3.71B | $3.53B | $3.36B | $3.19B |
| Gross profit | $1.99B | $2.07B | $1.91B | $1.93B | $1.96B | $2.16B | $2.05B | $1.96B | $1.93B | $1.80B |
| R&D | — | — | — | — | — | — | $48.2M | $50.3M | $50.7M | $53.1M |
| SG&A | $1.29B | $1.24B | $1.17B | $1.08B | $1.09B | $848.6M | $1.26B | $1.24B | $1.20B | $1.14B |
| Operating income | $516.1M | $737.9M | $614.9M | $774.3M | $811.1M | $567.7M | $698.5M | $595.2M | $682.5M | $618.6M |
| Interest expense | $115.2M | $120.5M | $116.5M | $119.2M | $84.3M | $83.8M | $94.2M | $74.5M | $49.4M | $49.1M |
| Pre-tax income | $405.0M | $605.5M | $517.9M | $667.1M | $726.4M | $499.2M | $575.3M | $537.0M | $634.8M | $582.1M |
| Income tax | $106.2M | $133.6M | $112.4M | $127.2M | $166.7M | $110.8M | $144.0M | $147.0M | $159.5M | $169.7M |
| Net income | $298.8M | $471.9M | $404.5M | $686.7M | $772.4M | $553.1M | $431.9M | $389.6M | $472.6M | $413.2M |
| EPS, basic | 2.48 | 3.78 | 3.19 | 5.27 | 5.62 | 3.99 | 3.09 | 2.69 | 3.08 | 2.68 |
| EPS, diluted | 2.47 | 3.75 | 3.17 | 5.23 | 5.54 | 3.94 | 3.06 | 2.66 | 3.03 | 2.62 |
| Shares, diluted (wtd. avg.) | 121.2M | 125.7M | 127.7M | 131.3M | 139.5M | 140.2M | 141.3M | 146.4M | 155.8M | 157.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $264.0M | $381.1M | $395.5M | $648.3M | $476.1M | $425.0M | $394.9M | $270.7M | $323.0M | $251.5M |
| Receivables | $513.1M | $514.4M | $534.2M | $521.8M | $580.4M | $734.9M | $624.8M | $571.7M | $555.3M | $550.7M |
| Inventory | $1.02B | $960.3M | $982.3M | $1.02B | $889.5M | $867.2M | $718.6M | $678.9M | $580.8M | $531.1M |
| Total current assets | $1.97B | $2.01B | $2.05B | $2.46B | $2.74B | $2.21B | $1.90B | $1.69B | $1.60B | $1.45B |
| Property, plant and equipment | $805.9M | $999.2M | $975.0M | $783.7M | $670.8M | $917.4M | $824.2M | $813.4M | $740.0M | $662.5M |
| Goodwill | $2.01B | $1.99B | $1.91B | $1.64B | $1.54B | $1.47B | $2.09B | $2.08B | $1.91B | $1.83B |
| Other intangibles | $1.23B | $1.30B | $1.35B | $1.00B | $968.1M | $1.42B | $1.17B | $1.25B | $1.16B | $1.11B |
| Total assets | $6.52B | $6.56B | $6.57B | $6.12B | $5.45B | $7.36B | $6.29B | $5.96B | $5.51B | $5.13B |
| Accounts payable | $524.6M | $513.9M | $568.1M | $421.6M | $561.0M | $620.5M | $460.0M | $459.0M | $428.8M | $393.8M |
| Short-term debt | $0 | $499.6M | $0 | $599.2M | $400.0M | — | $399.7M | $525.0M | $0 | $0 |
| Total current liabilities | $1.07B | $1.60B | $1.20B | $1.54B | $1.97B | $1.35B | $1.41B | $1.49B | $906.8M | $842.8M |
| Long-term debt | $2.54B | $2.17B | $2.67B | $2.07B | $2.31B | $2.57B | $1.78B | $1.81B | $1.51B | $1.43B |
| Total liabilities | $4.13B | $4.14B | $4.27B | $4.03B | $4.87B | $4.58B | $3.86B | $3.78B | $2.91B | $2.77B |
| Retained earnings | $3.13B | $2.96B | $2.61B | $2.32B | $2.81B | $2.18B | $1.76B | $1.45B | $1.17B | $814.6M |
| Total equity | $2.39B | $2.42B | $2.29B | $2.09B | $3.06B | $2.78B | $2.43B | $2.18B | $2.60B | $2.36B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $478.6M | $667.8M | $1.06B | $566.3M | $688.7M | $825.7M | $637.2M | $604.0M | $600.3M | $650.5M |
| Depreciation and amortisation | $118.9M | $120.5M | $106.7M | $126.5M | $125.0M | $121.5M | $111.3M | $113.5M | $98.6M | $94.6M |
| Stock-based compensation | $20.8M | $39.3M | $34.2M | $50.2M | $50.2M | $47.6M | $30.5M | $36.1M | $43.0M | $32.0M |
| Capital expenditure | $111.8M | $193.3M | $256.5M | $246.1M | $214.2M | $150.5M | $131.8M | $150.1M | $165.0M | $149.3M |
| Investing cash flow | -$104.9M | -$302.9M | -$1.04B | -$455.5M | -$207.1M | -$923.5M | -$127.6M | -$634.3M | -$287.7M | -$385.1M |
| Financing cash flow | -$503.3M | -$363.4M | -$271.3M | $72.5M | -$428.6M | $111.6M | -$389.7M | -$6.8M | -$250.1M | -$250.4M |
| Dividends paid | $120.6M | $119.6M | $116.8M | $145.6M | $143.0M | $133.3M | $123.0M | $115.2M | $110.3M | $98.2M |
| Buybacks | $247.8M | $240.4M | $150.0M | $580.1M | $447.7M | $187.6M | $100.0M | $694.6M | $214.8M | $424.5M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-063960.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.98B | $5.28B | $5.49B | $5.76B | $3.62B | $4.80B | $4.72B | $4.63B | $4.61B | $4.46B |
| Gross profit | $1.80B | $1.93B | $1.96B | $2.05B | $2.16B | $1.96B | $1.93B | $1.91B | $2.07B | $1.99B |
| Net income | $413.2M | $472.6M | $389.6M | $431.9M | $553.1M | $772.4M | $686.7M | $404.5M | $471.9M | $298.8M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Officer or director change Item 5.02
- Officer or director change Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced Item 2.02
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Officer or director change Item 5.02
- Officer or director change Item 5.02
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 2430
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| JELD | JELD-WEN Holding, Inc. | $118.9M | — | -14.9% |