fortune brands innovations inc. - FBIN
FBIN
Close Chg Chg %
75.52 0.91 1.20%
Open Market
76.43
+0.91 (1.20%)
Volume: 538.19K
Last Updated:
Nov 22, 2024, 12:51 PM EDT
Company Overview: fortune brands innovations inc. - FBIN
FBIN Key Data
| Open $76.25 | Day Range 75.87 - 76.95 |
| 52 Week Range 62.54 - 90.54 | Market Cap $9.41B |
| Shares Outstanding 124.23M | Public Float 123.42M |
| Beta 1.51 | Rev. Per Employee N/A |
| P/E Ratio 21.31 | EPS $3.58 |
| Yield 125.40% | Dividend $0.24 |
| EX-DIVIDEND DATE Nov 22, 2024 | SHORT INTEREST N/A |
| AVERAGE VOLUME 1.40M |
FBIN Performance
| 1 Week | 2.45% | ||
| 1 Month | -11.38% | ||
| 3 Months | -6.91% | ||
| 1 Year | 14.13% | ||
| 5 Years | 36.43% |
FBIN Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
18
Full Ratings ➔
About fortune brands innovations inc. - FBIN
Fortune Brands Innovations, Inc. is an innovation and channel leader focused on supercharged categories in the home products, security, and commercial building markets. Its brands include Moen, House of Rohl, Aqualisa, Emtek, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe, Yale and August. The company was founded on June 9, 1988 and is headquartered in Deerfield, IL.
FBIN At a Glance
Fortune Brands Innovations, Inc.
520 Lake Cook Road
Deerfield, Illinois 60015-5611
| Phone | 1-847-484-4400 | Revenue | 4.63B | |
| Industry | Building Products | Net Income | 404.50M | |
| Sector | Producer Manufacturing | Employees | 11,700 | |
| Fiscal Year-end | 12 / 2024 | |||
| View SEC Filings |
FBIN Valuation
| P/E Current | 21.311 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 24.037 |
| Price to Sales Ratio | 2.102 |
| Price to Book Ratio | 4.193 |
| Price to Cash Flow Ratio | 9.209 |
| Enterprise Value to EBITDA | 14.42 |
| Enterprise Value to Sales | 2.633 |
| Total Debt to Enterprise Value | 0.234 |
FBIN Efficiency
| Revenue/Employee | 395,401.709 |
| Income Per Employee | 34,572.65 |
| Receivables Turnover | 8.66 |
| Total Asset Turnover | 0.729 |
FBIN Liquidity
| Current Ratio | 1.704 |
| Quick Ratio | 0.886 |
| Cash Ratio | 0.328 |
FBIN Profitability
| Gross Margin | 39.866 |
| Operating Margin | 14.61 |
| Pretax Margin | 11.195 |
| Net Margin | 8.744 |
| Return on Assets | 6.393 |
| Return on Equity | 18.515 |
| Return on Total Capital | 7.883 |
| Return on Invested Capital | 8.661 |
FBIN Capital Structure
| Total Debt to Total Equity | 124.291 |
| Total Debt to Total Capital | 55.415 |
| Total Debt to Total Assets | 43.42 |
| Long-Term Debt to Equity | 122.674 |
| Long-Term Debt to Total Capital | 54.694 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Fortune Brands Innovations Inc. - FBIN
Collapse All in section
| All values USD millions. | 2020 | 2021 | 2022 | 2023 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 6.09B | 7.66B | 4.72B | 4.63B | |
Sales Growth
| +5.65% | +25.71% | -38.31% | -2.05% | |
Cost of Goods Sold (COGS) incl D&A
| 3.95B | 4.97B | 2.84B | 2.78B | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 200.90M | 231.60M | 174.80M | 168.80M | |
Depreciation
| 158.90M | 167.50M | 126.50M | 106.70M | |
Amortization of Intangibles
| 42.00M | 64.10M | 48.30M | 62.10M | |
COGS Growth
| +5.24% | +25.74% | -42.96% | -1.90% | |
Gross Income
| 2.14B | 2.68B | 1.89B | 1.84B | |
Gross Income Growth
| +6.42% | +25.66% | -29.69% | -2.27% | |
Gross Profit Margin
| +35.07% | +35.06% | +39.96% | +39.87% |
| 2020 | 2021 | 2022 | 2023 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 1.28B | 1.58B | 1.08B | 1.17B | |
Research & Development
| 49.90M | 65.60M | 62.00M | 64.60M | |
Other SG&A
| 1.23B | 1.51B | 1.02B | 1.10B | |
SGA Growth
| +1.54% | +23.78% | -31.74% | +8.40% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| 54.60M | 16.60M | 33.50M | 64.40M | |
EBIT after Unusual Expense
| 805.50M | 1.09B | 775.70M | 611.50M | |
Non Operating Income/Expense
| 9.80M | 1.80M | 14.20M | 31.90M | |
Non-Operating Interest Income
| - | - | - | 14.20M | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 84.50M | 85.00M | 122.80M | 125.50M | |
Interest Expense Growth
| -10.68% | +0.59% | +44.47% | +2.20% | |
Gross Interest Expense
| 84.50M | 85.00M | 122.80M | 125.50M | |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| 730.80M | 1.01B | 667.10M | 517.90M | |
Pretax Income Growth
| +27.03% | +37.53% | -33.63% | -22.37% | |
Pretax Margin
| +12.00% | +13.13% | +14.12% | +11.19% | |
Income Tax
| 168.80M | 232.70M | 127.20M | 112.40M | |
Income Tax - Current - Domestic
| 127.50M | 183.70M | 78.40M | 102.10M | |
Income Tax - Current - Foreign
| 55.90M | 49.10M | 34.30M | 38.30M | |
Income Tax - Deferred - Domestic
| (3.10M) | 2.70M | 13.00M | (24.50M) | |
Income Tax - Deferred - Foreign
| (11.50M) | (2.80M) | 1.50M | (3.50M) | |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 554.40M | 772.40M | 539.90M | 405.50M | |
Minority Interest Expense
| - | - | - | 1.30M | - |
Net Income
| 553.10M | 772.40M | 539.90M | 405.50M | |
Net Income Growth
| +28.06% | +39.65% | -30.10% | -24.89% | |
Net Margin Growth
| +9.08% | +10.09% | +11.43% | +8.77% | |
Extraordinaries & Discontinued Operations
| - | - | 146.80M | (1.00M) | - |
Discontinued Operations
| - | - | 146.80M | (1.00M) | - |
Net Income After Extraordinaries
| 553.10M | 772.40M | 686.70M | 404.50M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 553.10M | 772.40M | 686.70M | 404.50M | |
EPS (Basic)
| 3.9877 | 5.6174 | 5.2702 | 3.1876 | |
EPS (Basic) Growth
| +29.17% | +40.87% | -6.18% | -39.52% | |
Basic Shares Outstanding
| 138.70M | 137.50M | 130.30M | 126.90M | |
EPS (Diluted)
| 3.9451 | 5.5369 | 5.23 | 3.1676 | |
EPS (Diluted) Growth
| +29.07% | +40.35% | -5.54% | -39.43% | |
Diluted Shares Outstanding
| 140.20M | 139.50M | 131.30M | 127.70M | |
EBITDA
| 1.06B | 1.34B | 984.00M | 844.70M | |
EBITDA Growth
| +12.96% | +25.97% | -26.37% | -14.16% | |
EBITDA Margin
| +17.42% | +17.46% | +20.83% | +18.26% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 91.923 | |
| Number of Ratings | 18 | Current Quarters Estimate | 1.06 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 4.205 | |
| Last Quarter’s Earnings | 1.16 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 3.91 | Next Fiscal Year Estimate | 4.553 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 17 | 14 | 17 | 17 |
| Mean Estimate | 1.06 | 0.88 | 4.21 | 4.55 |
| High Estimates | 1.16 | 0.94 | 4.28 | 4.80 |
| Low Estimate | 1.03 | 0.83 | 4.18 | 4.31 |
| Coefficient of Variance | 3.51 | 3.74 | 0.68 | 2.84 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 5 | 5 | 5 |
| OVERWEIGHT | 1 | 1 | 1 |
| HOLD | 11 | 12 | 11 |
| UNDERWEIGHT | 1 | 1 | 1 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Fortune Brands Innovations Inc. - FBIN
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Fortune Brands Innovations Inc. - FBIN
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Jul 3, 2024 | Irial Finan Director | 16,490 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Jul 3, 2024 | Sheri R. Grissom EVP & CTO | 71,089 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $63.44 per share | 4,509,886.16 |
| May 9, 2024 | Ann Fritz Hackett Director | 37,012 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 9, 2024 | Allan Douglas David Mackay Director | 22,393 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 9, 2024 | Susan Saltzbart Kilsby Director | 20,261 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 9, 2024 | Amit Banati Director | 7,978 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 9, 2024 | Amee Chande Director | 4,637 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 9, 2024 | Stephanie L. Pugliese Director | 5,107 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 9, 2024 | Jeffery S. Perry Director | 7,978 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 13, 2024 | Ronald V. Waters Director | 2,435 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $81.1 per share | 197,478.50 |
| Mar 7, 2024 | Cheri Dunmore Phyfer EVP, Group President | 84,448 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $41.42 per share | 3,497,836.16 |
| Mar 7, 2024 | Cheri Dunmore Phyfer EVP, Group President | 64,918 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $81.6 per share | 5,297,308.80 |
| Mar 7, 2024 | Cheri Dunmore Phyfer EVP, Group President | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 1, 2024 | David V. Barry EVP & CFO | 20,569 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $80.89 per share | 1,663,826.41 |
| Mar 1, 2024 | Ron Wilson EVP, Chief Supply Chain | 11,566 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $80.89 per share | 935,573.74 |
| Mar 1, 2024 | Hiranda S. Donoghue EVP Chief Legal & Secretary | 21,119 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $80.89 per share | 1,708,315.91 |
| Mar 1, 2024 | Nicholas I. Fink Chief Executive Officer; Director | 216,819 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $80.89 per share | 17,538,488.91 |
| Mar 1, 2024 | John Lee EVP Chief Strategy & Growth | 41,589 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $80.89 per share | 3,364,134.21 |
| Feb 29, 2024 | John Lee EVP Chief Strategy & Growth | 10,524 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 29, 2024 | Kristin Papesh EVP and CHRO | 7,176 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |