Fortune Brands Innovations Inc.

Fortune Brands Innovations Inc.

FBIN · NYSE · Industrials / Building Products & Equipment

48.05USD+0.46 (+0.97%)

Price History

Full chart

Market Stats

Previous Close47.59
Open47.59
Day Range47.37 – 48.41
52-Week Range31.92 – 63.70
Volume2.75M
Market Cap4.70B
P/E (TTM)31.76
Forward P/E11.72
EPS1.24
Dividend Yield2.74%
Beta1.37
50-Day Avg45.95
200-Day Avg46.66

About

Fortune Brands Innovations, Inc. provides home, security, and digital products for residential home repair, remodeling, new construction, and security applications in the United States and internationally. It operates through three segments: Water, Outdoors, and Security. The Water segment manufactures, assembles, and sells faucets, accessories, hardware, kitchen sinks, and waste disposals, under the Moen, ROHL, Riobel, Victoria+Albert, Perrin & Rowe, Aqualisa, Shaws, Emtek, Schaub, and SpringWell brands. Its Outdoors segment manufactures and sells fiberglass and steel entry door systems under the Therma-Tru brand; storm, screen, and security doors under the Larson brand; composite decking, railing and cladding under the Fiberon brand; urethane millwork under the Fypon brand; and wide-opening exterior door systems and outdoor enclosures under the Solar Innovations brand. The Security segment offers locks, safety and security devices, connected and mechanical lock out tag out solutions, and electronic security under the Master Lock, American Lock, and Yale and August brands; and fire-resistant safes, security containers, and commercial cabinets under the SentrySafe brand. The company sells its products through various 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; e-commerce; and other retail outlets. Fortune Brands Innovations, Inc. was incorporated in 1988 and is headquartered in Deerfield, Illinois.

Company Details

  • SectorIndustrials
  • IndustryBuilding Products & Equipment
  • CEOMr. Jesse G. Singh B.S., M.B.A.
  • Employees10.00K
  • Headquarters1 Horizon Way, Deerfield, IL, United States, 60015-3888, USA
  • Websitehttps://www.fbin.com

Leadership

  • Mr. David V. BarryExecutive VP & COO · b. 1982
  • Ms. Kristin E. PapeshExecutive VP & Chief HR Officer · b. 1975
  • Mr. Dong Gu LeeExecutive VP, Chief Digital & Innovation Officer · b. 1973
  • Mr. Jesse G. Singh B.S., M.B.A.CEO & Director · b. 1966
  • Ms. Karen RiesSenior VP & Chief Accounting Officer · b. 1983
  • Mr. Curt WorthingtonVice President of Finance & Investor Relations
  • Mr. Jack N. MelamedInterim Chief Legal Officer & Corporate Secretary
  • Mr. Brett E. FinleyAdvisor · b. 1971
  • Mr. David YounPresident of Outdoors & Interim President of Security
  • Ms. Rachel RobertsPresident of Moen & House of Rohl

Financials

Income Statement

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue3.01B3.23B3.33B3.13B3.70B4.01B4.58B4.98B5.28B5.49B5.76B3.62B4.80B4.72B4.63B4.61B4.46B
Growth (%)-+7.54%+2.94%-5.82%+18.14%+8.37%+14.10%+8.85%+5.99%+3.82%+5.10%-37.18%+32.58%-1.63%-2.05%-0.37%-3.16%
Cost of Revenue2.10B2.18B2.33B2.09B2.41B2.65B3.00B3.19B3.36B3.53B3.71B2.16B2.84B2.79B2.71B2.54B2.47B
Gross Profit902.50M1.06B996.50M1.04B1.30B1.37B1.58B1.80B1.93B1.96B2.05B1.46B1.96B1.93B1.91B2.07B1.99B
Gross Margin30.02%32.67%29.94%33.23%34.97%34.06%34.54%36.03%36.44%35.72%35.60%40.42%40.83%40.93%41.32%44.83%44.57%
Operating Expense853.10M858.00M1.01B898.40M972.10M963.40M1.09B1.18B1.24B1.36B1.35B896.20M1.15B1.16B1.30B1.33B1.37B
Operating Income49.40M198.40M-15.60M143.20M323.00M403.50M496.10M618.60M682.50M595.20M698.50M567.70M811.10M774.30M614.90M737.90M621.40M
Operating Margin1.64%6.14%-0.47%4.57%8.72%10.05%10.83%12.41%12.92%10.85%12.12%15.68%16.89%16.39%13.29%16.01%13.92%
EBITDA181.50M325.90M100.40M245.00M408.10M501.10M606.90M753.90M814.50M761.10M822.20M746.50M999.80M977.90M803.20M919.60M714.60M
EBITDA Margin6.04%10.08%3.02%7.82%11.02%12.49%13.25%15.12%15.42%13.88%14.26%20.61%20.82%20.71%17.36%19.95%16.01%
Net Income-41.90M63.80M-35.60M118.70M229.70M158.10M315.00M413.20M472.60M389.60M431.90M553.10M772.40M686.70M404.50M471.90M298.80M
Net Income Margin-1.39%1.97%-1.07%3.79%6.20%3.94%6.88%8.29%8.95%7.10%7.49%15.27%16.09%14.54%8.74%10.24%6.69%
R&D---41.70M72.00M46.10M48.70M53.10M50.70M50.30M48.20M48.40M64.10M62.00M64.60M--
R&D as % of Total Revenue---1.33%1.94%1.15%1.06%1.07%0.96%0.92%0.84%1.34%1.34%1.31%1.40%--
Interest Expense85.20M131.20M32.50M8.50M7.20M10.40M31.90M49.10M49.40M74.50M94.20M83.80M84.30M119.20M116.50M133.10M115.20M
Interest Expense % of Total Revenue2.83%4.06%0.98%0.27%0.19%0.26%0.70%0.98%0.94%1.36%1.63%2.31%1.76%2.52%2.52%2.89%2.58%

Balance Sheet

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets4.19B4.26B3.64B3.87B4.18B4.05B4.88B5.13B5.51B5.96B6.29B7.36B7.94B6.12B6.57B6.56B6.52B
Total Liabilities4.35B4.31B1.51B1.49B1.53B1.79B2.42B2.76B2.91B3.78B3.86B4.58B4.87B4.04B4.27B4.14B4.13B
Total Equity-162.20M-58.40M2.12B2.38B2.65B2.26B2.45B2.36B2.60B2.18B2.43B2.78B3.06B2.08B2.29B2.42B2.39B
Cash57.80M60.70M120.80M336.00M241.40M191.90M238.50M251.50M323.00M262.90M387.90M419.10M425.60M642.50M366.40M381.10M264.00M
Total Debt25.10M19.80M410.60M325.50M356.00M670.00M1.17B1.43B1.51B2.33B2.32B2.71B2.82B2.77B2.81B2.83B2.54B
Net Debt-32.70M-40.90M289.80M-10.50M114.60M478.10M931.00M1.18B1.18B2.07B1.94B2.29B2.39B2.13B2.45B2.45B2.28B

Cash Flow

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow269.30M138.90M175.40M282.80M297.80M253.70M411.10M650.50M600.30M604.00M637.20M825.70M688.70M566.30M1.06B667.80M478.60M
Investing Cash Flow-32.00M-55.70M-71.00M-86.70M-396.70M-151.10M-766.60M-385.10M-287.70M-634.30M-127.60M-923.50M-207.10M-455.50M-1.04B-302.90M-104.90M
Financing Cash Flow-221.80M-81.40M-43.50M15.70M4.10M-147.50M416.90M-250.40M-250.10M-6.80M-389.70M111.60M-428.60M72.50M-271.30M-363.40M-503.30M
Capital Expenditure43.30M58.30M68.50M61.50M94.50M126.80M126.00M145.40M165.00M150.10M131.80M150.50M214.20M246.10M256.50M193.30M111.80M
Free Cash Flow226.00M80.60M106.90M221.30M203.30M126.90M285.10M505.10M435.30M453.90M505.40M675.20M474.50M320.20M799.30M474.50M366.80M
Dividends Paid--548.90M-49.90M77.40M89.50M98.20M110.30M115.20M123.00M133.30M143.00M145.60M116.80M119.60M120.60M
FCF to OCF83.92%58.03%60.95%78.25%68.27%50.02%69.35%77.65%72.51%75.15%79.32%81.77%68.90%56.54%75.71%71.05%76.64%
Dividend Paid to FCF--513.47%-24.55%60.99%31.39%19.44%25.34%25.38%24.34%19.74%30.14%45.47%14.61%25.21%32.88%

Earnings

Report DateNov 2, 2011Feb 1, 2012Apr 26, 2012Jul 26, 2012Oct 23, 2012Jan 31, 2013May 2, 2013Jul 24, 2013Oct 23, 2013Jan 29, 2014Apr 30, 2014Jul 30, 2014Oct 29, 2014Feb 4, 2015Apr 30, 2015Jul 22, 2015Oct 21, 2015Feb 3, 2016Apr 20, 2016Jul 27, 2016Oct 26, 2016Jan 31, 2017Apr 26, 2017Aug 2, 2017Oct 25, 2017Feb 1, 2018Apr 26, 2018Jul 26, 2018Oct 25, 2018Jan 31, 2019Apr 24, 2019Aug 1, 2019Oct 23, 2019Jan 29, 2020Apr 30, 2020Jul 29, 2020Oct 28, 2020Feb 2, 2021Apr 29, 2021Jul 28, 2021Oct 26, 2021Feb 2, 2022Apr 28, 2022Jul 27, 2022Oct 26, 2022Feb 16, 2023Apr 26, 2023Jul 27, 2023Oct 25, 2023Jan 30, 2024Apr 30, 2024Jul 25, 2024Nov 6, 2024Feb 6, 2025May 6, 2025Jul 31, 2025Oct 30, 2025Feb 12, 2026May 7, 2026Aug 4, 2026Oct 29, 2026
EPS Estimate0.230.150.030.290.250.220.170.390.410.380.310.540.570.500.320.570.650.550.340.730.780.690.470.870.820.800.591.021.040.940.581.030.980.970.660.601.061.171.051.391.381.291.261.591.711.350.591.021.090.930.751.121.141.050.660.971.111.000.530.810.75
EPS Actual0.190.160.080.290.290.230.240.410.460.380.250.550.550.440.280.590.640.560.390.820.800.710.530.920.830.800.561.000.930.860.631.030.951.000.810.941.191.251.361.561.491.321.311.671.791.560.691.071.190.950.831.161.160.980.661.001.090.860.531.35-
Surprise-17.39%6.67%166.67%0.00%16.00%4.55%41.18%5.13%12.20%0.00%-19.35%1.85%-3.51%-12.00%-12.50%3.51%-1.54%1.82%14.71%12.33%2.56%2.90%12.77%5.75%1.22%0.00%-5.08%-1.96%-10.58%-8.51%8.62%0.00%-3.06%3.09%22.73%56.67%12.26%6.84%29.52%12.23%7.97%2.33%3.97%5.03%4.68%15.56%16.95%4.90%9.17%2.15%10.67%3.57%1.75%-6.67%0.00%3.09%-1.80%-14.00%0.00%66.67%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap4.70B
Enterprise Value7.25B
Trailing P/E31.76
Forward P/E11.72
PEG Ratio1.37
Price / Sales1.07
Price / Book2.02
EPS1.24
Book Value19.34
Revenue (TTM)4.39B
Gross Profit (TTM)1.94B
EBITDA738.00M
Profit Margin3.39%
Operating Margin11.02%
Return on Equity6.41%
Return on Assets5.42%
Shares Outstanding119.37M
Shares Float118.62M
Beta1.37
Dividend Yield2.74%
Dividend Rate1.04
Payout Ratio26.89%

Analyst Ratings

Buy
Based on 20 analystsTarget 56.27
  • Strong Buy
    6
  • Buy
    2
  • Hold
    11
  • Sell
    1

Ownership Breakdown

Institutions
108.69%
Insiders
0.53%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    19.33M16.19%
  • Harris Associates L.P.
    7.63M6.39%
  • Pictet Asset Manangement SA
    6.85M5.74%
  • Vanguard Portfolio Management, LLC
    5.66M4.74%
  • Vanguard Capital Management, LLC
    5.39M4.51%
  • Dimensional Fund Advisors, Inc.
    4.59M3.85%
  • Garden Investment Management, L.P.
    3.94M3.30%
  • First Pacific Advisors, LP
    3.79M3.18%
  • State Street Corp
    3.78M3.17%
  • Point72 Asset Management, L.P.
    3.12M2.61%
  • Amundi
    2.49M2.08%
  • Fidelity International Ltd
    2.37M1.99%
  • Geode Capital Management, LLC
    2.22M1.86%

Top Fund Holders

  • Oakmark Investor
    5.67M4.75%
  • Pictet-Water I EUR
    4.52M3.79%
  • iShares Core S&P Mid-Cap ETF
    4.18M3.50%
  • Vanguard MStar Total Stk Mkt Idx Invest
    3.61M3.02%
  • BlackRock Equity Dividend Instl
    2.63M2.21%
  • Vanguard Small Cap Index
    2.61M2.18%
  • FPA Crescent
    2.35M1.97%

Dividends

20263×
0.26Aug 21, 20260.26May 22, 20260.26Feb 20, 2026
20254×
0.25Nov 21, 20250.25Aug 22, 20250.25May 27, 20250.25Feb 21, 2025
20244×
0.24Nov 22, 20240.24Aug 23, 20240.24May 23, 20240.24Feb 22, 2024
20234×
0.23Nov 22, 20230.23Aug 24, 20230.23May 25, 20230.23Feb 23, 2023
20224×
0.24Nov 23, 20220.24Aug 25, 20220.24May 26, 20220.24Feb 24, 2022
20214×
0.22Nov 24, 20210.22Aug 26, 20210.22May 27, 20210.22Feb 25, 2021
20201×
0.21Nov 25, 2020

Stock Splits

  • Dec 15, 2022117:100