Fortune Brands Innovations, Inc. (FBIN)
- Previous Close
73.22 - Open
73.68 - Bid 73.59 x 800
- Ask 74.70 x 900
- Day's Range
72.92 - 74.67 - 52 Week Range
54.10 - 84.92 - Volume
1,003,040 - Avg. Volume
1,070,646 - Market Cap (intraday)
9.324B - Beta (5Y Monthly) 1.62
- PE Ratio (TTM)
23.40 - EPS (TTM)
3.17 - Earnings Date Apr 30, 2024
- Forward Dividend & Yield 0.93 (1.25%)
- Ex-Dividend Date Feb 22, 2024
- 1y Target Est
86.71
Fortune Brands Innovations, Inc. provides home and security products for residential home repair, remodeling, new construction, and security applications in the United States and internationally. The company operates through three segments: Water, Outdoors, and Security. The Water segment manufactures or assembles, and sells faucets, accessories, kitchen sinks, and waste disposals under the Moen, ROHL, Riobel, Victoria+Albert, Perrin & Rowe, Aqualisa, Shaws, Emtek, and Schaub brands. The 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; and urethane millwork under the Fypon brand. The Security segment manufactures, sources, and distributes locks, safety and security devices, and electronic security products under the Master Lock, American Lock, 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.
www.fbin.com11,700
Full Time Employees
December 30
Fiscal Year Ends
Sector
Industry
Recent News: FBIN
Performance Overview: FBIN
Trailing total returns as of 4/26/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
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Statistics: FBIN
Valuation Measures
Market Cap
9.32B
Enterprise Value
11.77B
Trailing P/E
23.40
Forward P/E
17.33
PEG Ratio (5yr expected)
3.17
Price/Sales (ttm)
2.05
Price/Book (mrq)
4.07
Enterprise Value/Revenue
2.54
Enterprise Value/EBITDA
14.66
Financial Highlights
Profitability and Income Statement
Profit Margin
8.74%
Return on Assets (ttm)
6.94%
Return on Equity (ttm)
18.51%
Revenue (ttm)
4.63B
Net Income Avi to Common (ttm)
405.5M
Diluted EPS (ttm)
3.17
Balance Sheet and Cash Flow
Total Cash (mrq)
366.4M
Total Debt/Equity (mrq)
124.29%
Levered Free Cash Flow (ttm)
589.71M
Research Analysis: FBIN
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Research Reports: FBIN
Analyst Report: Fortune Brands Innovations, Inc.
Fortune Brands Innovations is a leading home and security products company that has three reportable segments. The company’s $2.6 billion water segment, led by the Moen brand, sells faucets, showers, and other plumbing fixtures; the $1.3 billion outdoors segment primarily sells entry doors under the Therma-Tru brand name and Fiberon-branded patio decking; and the $723 million security segment sells locks and other security devices under the Master Lock, SentrySafe, Yale, and August brand names.
RatingPrice TargetAnalyst Report: Fortune Brands Innovations, Inc.
Fortune Brands Innovations is a leading home and security products company that has three reportable segments. The company’s $2.6 billion water segment, led by the Moen brand, sells faucets, showers, and other plumbing fixtures; the $1.3 billion outdoors segment primarily sells entry doors under the Therma-Tru brand name and Fiberon-branded patio decking; and the $723 million security segment sells locks and other security devices under the Master Lock, SentrySafe, Yale, and August brand names.
RatingPrice TargetAnalyst Report: Fortune Brands Innovations Inc
Fortune Brands Innovations, based in Deerfield, Illinois, became an independent public company on October 3, 2011, when it separated from its former parent Fortune Brands and became Fortune Brands Home and Security. The company took on its current structure, as Fortune Brands Innovations, with the separation of the MasterBrand cabinets business on December 14, 2022. FBIN generated $4.6 billion in 2023 sales, with 55% coming from the Water Innovations division, 29% from Outdoors, and 16% from Security. Approximately 67% of North American sales came from the repair and remodeling market in 2022, 23% from the single family new construction, and 10% from multifamily new construction. We will update these numbers after we review the annual report for 2023. The current business generates approximately 77% of sales from the U.S., 11% from China, 8% from Canada, 2% from the United Kingdom and the European Union, and 2% from the rest of the world. The company's fiscal year ends on the Saturday closest but not subsequent to December 31.
RatingPrice TargetMarket Update: AMZN, ETN, ITW, MKTX, SKX, FBIN, PTON
Stocks were mixed on Friday morning following the January jobs report. In January, nonfarm payroll employment rose 353,000 and the unemployment rate was unchanged at 3.7%. The jobs count is up from 216,000 in December and well ahead of the expected 185,000, and the belief had been that unemployment would inch up to 3.8%. The S&P 500 rose 0.9%, the Dow was nearly flat and the Nasdaq gained 1.5%. Crude oil traded just above $72 per barrel, while gold fell $17 to $2053 per ounce.