Fortune Brands Innovations, Inc. FBIN

Industrials SIC 2430 - Millwood, Veneer, Plywood, & Structural Wood Members NYSE

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.

Last close 43.11 2026-09-04
Market cap $5.15B 2026-06-27 share count
52-week range 32.34 - 64.84

Valuation FY2025 figures against the last close

P/S1.2x
P/E17.5x
P/FCF14.0x
EV/EBITDA11.7x
Dividend yield2.3%
Diluted EPS2.47

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
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 2.483.783.195.275.623.993.092.693.082.68
EPS, diluted 2.473.753.175.235.543.943.062.663.032.62
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 FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
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 FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
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.

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