RESIDEO TECHNOLOGIES, INC. REZI

Industrials SIC 5072 - Wholesale-Hardware NAICS Wholesale Trade › Merchant Wholesalers, Durable Goods › Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers › Hardware Merchant Wholesalers derived NYSE

We separated from Honeywell International Inc. ("Honeywell") in 2018, becoming an independent publicly traded company as a result of a pro rata distribution of our common stock to stockholders of Honeywell (the "Honeywell Spin-Off").

We are a global manufacturer, developer, and distributor of technology-driven sensing and controls products and solutions that help homeowners and businesses stay connected and in control of their comfort, security, energy use, and smart living. We are a leading player in key product markets including home heating, ventilation, and air conditioning controls; smoke and carbon monoxide detection home safety and fire suppression; and security. Our global footprint serves residential and commercial end-markets. Our solutions and services can be found in over 150 million residential and commercial spaces globally, with tens of millions of new devices sold annually.

Last close 17.86 2026-10-23
Market cap $2.71B 2026-07-04 share count
52-week range 15.90 - 45.29

Valuation FY2025 figures against the last close

P/S0.4x
P/E—
P/FCF—
EV/EBITDA7.7x
Dividend yield—
Diluted EPS-3.77

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • U.S.
  • Europe
  • Other International
  • Other
Revenue by geography, 4 categories over 3 years. The same figures are in the table below. FY2025 U.S., FY2025: 5.8B (77.2%) 77% U.S. Europe, FY2025: 1.1B (14.6%) 15% Europe Other International, FY2025: 557M (7.4%) 7% Other, FY2025: 66M (0.9%) FY2024 U.S., FY2024: 5.2B (76.7%) 77% Europe, FY2024: 1B (15.3%) 15% Other International, FY2024: 483M (7.1%) 7% Other, FY2024: 57M (0.8%) FY2023 U.S., FY2023: 4.7B (75.1%) 75% Europe, FY2023: 1.1B (17.0%) 17% Other International, FY2023: 457M (7.3%) 7% Other, FY2023: 41M (0.7%)
Region FY2025FY2024FY2023
U.S. $5.82B $5.23B $4.72B
Europe $1.10B $1.05B $1.06B
Other International $557.0M $483.0M $457.0M
Other $66.0M $57.0M $41.0M

As the company reported it, from the “Geographic Areas - Financial Data - Schedule of Geographic Areas (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Revenue by segment

  • ADI Global Distribution
  • Products and Solutions
Revenue by segment, 2 categories over 3 years. The same figures are in the table below. FY2025 ADI Global Distribution, FY2025: 4.8B (64.0%) 64% ADI Global Distribution Products and Solutions, FY2025: 2.7B (36.0%) 36% Products and Solutions FY2024 ADI Global Distribution, FY2024: 4.2B (62.1%) 62% Products and Solutions, FY2024: 2.6B (37.9%) 38% FY2023 ADI Global Distribution, FY2023: 3.6B (57.2%) 57% Products and Solutions, FY2023: 2.7B (42.8%) 43%
Segment FY2025FY2024FY2023
ADI Global Distribution $4.78B $4.20B $3.57B
Products and Solutions $2.69B $2.56B $2.67B

As the company reported it, from the “Segment Financial Data - Schedule of Segment Information (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $7.47B$6.76B$6.24B$6.37B$5.85B$5.07B$4.99B$4.83B$4.52B$4.46B
Cost of revenue $5.28B$4.86B$4.55B$4.60B$4.26B$3.73B$3.71B$3.40B$3.20B$3.09B
Gross profit $2.20B$1.90B$1.70B$1.77B$1.58B$1.34B$1.28B$1.43B$1.32B$1.36B
R&D $167.0M$111.0M$109.0M$111.0M$86.0M$74.0M$87.0M———
SG&A $1.27B$1.14B$960.0M$974.0M$909.0M$889.0M$932.0M$932.0M$871.0M$870.0M
Total operating expenses $1.59B$1.38B$1.15B$1.16B$1.02B—————
Operating income $607.0M$520.0M$547.0M$611.0M$559.0M$311.0M$258.0M$493.0M$445.0M$530.0M
Interest expense $135.0M$81.0M$65.0M$54.0M$47.0M$63.0M$69.0M$20.0M——
Pre-tax income -$457.0M$221.0M$313.0M$418.0M$353.0M$101.0M$71.0M$104.0M$166.0M$310.0M
Income tax $70.0M$105.0M$103.0M$135.0M$111.0M$64.0M$35.0M$301.0M$560.0M$133.0M
Net income -$527.0M$116.0M$210.0M$283.0M$242.0M$37.0M$36.0M$405.0M-$394.0M$177.0M
EPS, basic -3.770.621.431.941.680.300.293.31-3.221.44
EPS, diluted -3.770.611.421.901.630.290.293.30-3.221.44
Shares, diluted (wtd. avg.) 149.0M149.0M148.0M149.0M148.0M126.0M123.2M122.6M122.5M122.5M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $661.0M$692.0M$637.0M$329.0M$779.0M$517.0M$122.0M$265.0M$56.0M$47.0M
Receivables $1.07B$1.02B$973.0M$1.00B$876.0M$863.0M$817.0M$821.0M$779.0M—
Inventory $1.35B$1.24B$941.0M$975.0M$740.0M$672.0M$671.0M$628.0M$465.0M—
Total current assets $3.36B$3.17B$2.74B$2.50B$2.54B$2.23B$1.78B$1.81B$1.39B—
Property, plant and equipment $447.0M$410.0M$390.0M$366.0M$287.0M$318.0M$316.0M$300.0M$265.0M$261.0M
Goodwill $3.10B$3.07B$2.71B$2.72B$2.66B$2.69B$2.64B$2.63B$2.65B$2.59B
Other intangibles $1.09B$1.18B$461.0M$475.0M$120.0M$135.0M$127.0M$133.0M$140.0M—
Total assets $8.43B$8.20B$6.64B$6.39B$5.85B$5.61B$5.13B$4.97B$4.47B—
Accounts payable $1.13B$1.07B$905.0M$894.0M$883.0M$936.0M$920.0M$964.0M$678.0M—
Short-term debt $18.0M$6.0M$12.0M$12.0M$10.0M$7.0M$22.0M$22.0M——
Total current liabilities $1.75B$1.79B$1.52B$1.55B$1.49B$1.54B$1.49B$1.49B$1.15B—
Long-term debt $3.17B$1.98B$1.40B$1.40B$1.22B$1.16B$1.16B$1.18B——
Total liabilities $5.52B$4.89B$3.90B$3.86B$3.60B—————
Retained earnings $345.0M$907.0M$810.0M$600.0M$317.0M$75.0M$38.0M$2.0M——
Total equity $2.92B$3.31B$2.75B$2.53B$2.25B$1.99B$1.60B$1.53B$2.60B$2.87B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow -$1.14B$444.0M$440.0M$152.0M$315.0M$244.0M$23.0M$462.0M$37.0M$151.0M
Depreciation and amortisation $73.0M$64.0M$59.0M$59.0M$58.0M$56.0M$50.0M$45.0M$57.0M$57.0M
Stock-based compensation $57.0M$59.0M$44.0M$50.0M$39.0M$29.0M$25.0M$20.0M$16.0M$13.0M
Capital expenditure $116.0M$80.0M$105.0M$85.0M$63.0M$70.0M—$64.0M$49.0M$60.0M
Investing cash flow -$39.0M-$1.41B-$44.0M-$764.0M-$65.0M-$103.0M-$112.0M-$74.0M-$51.0M-$191.0M
Financing cash flow $1.13B$1.03B-$64.0M$170.0M$20.0M$253.0M-$53.0M-$167.0M$21.0M$4.0M
Buybacks $0$1.0M$41.0M$0$0—————

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 0001140361-26-016160.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -2B 0 2B 4B 6B 8B Revenue, FY2016: 4.5B Gross profit, FY2016: 1.4B Net income, FY2016: 177M Revenue, FY2017: 4.5B Gross profit, FY2017: 1.3B Net income, FY2017: -394M Revenue, FY2018: 4.8B Gross profit, FY2018: 1.4B Net income, FY2018: 405M Revenue, FY2019: 5B Gross profit, FY2019: 1.3B Net income, FY2019: 36M Revenue, FY2020: 5.1B Gross profit, FY2020: 1.3B Net income, FY2020: 37M Revenue, FY2021: 5.8B Gross profit, FY2021: 1.6B Net income, FY2021: 242M Revenue, FY2022: 6.4B Gross profit, FY2022: 1.8B Net income, FY2022: 283M Revenue, FY2023: 6.2B Gross profit, FY2023: 1.7B Net income, FY2023: 210M Revenue, FY2024: 6.8B Gross profit, FY2024: 1.9B Net income, FY2024: 116M Revenue, FY2025: 7.5B Gross profit, FY2025: 2.2B Net income, FY2025: -527M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $4.46B $4.52B $4.83B $4.99B $5.07B $5.85B $6.37B $6.24B $6.76B $7.47B
Gross profit $1.36B $1.32B $1.43B $1.28B $1.34B $1.58B $1.77B $1.70B $1.90B $2.20B
Net income $177.0M -$394.0M $405.0M $36.0M $37.0M $242.0M $283.0M $210.0M $116.0M -$527.0M

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
  • 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
  • Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
  • Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
  • 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
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Regulation FD disclosure Item 7.01
  • Material agreement signed Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03

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.