Fortune Brands Innovations, Inc.
Business
Fortune Brands Innovations is a home, security and digital products company that manufactures and sells faucets, entry door systems, decking, locks and safes under brands including Moen, Therma-Tru, Fiberon, Master Lock and SentrySafe. The company operates through three reportable segments: Water Innovations, Outdoors, and Security. Products are distributed through wholesalers, home centers, retailers, e-commerce and direct-to-consumer channels, with primary markets in North America and China.
Summary from 10-K filed 2026-02-23
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| NET SALES | 4,463 | 4,609 | 4,626 | 4,723 | 4,801 | |
| Cost of products sold | 2,474 | 2,543 | 2,715 | 2,790 | 2,841 | |
| Selling, general and administrative expenses | 1,292 | 1,239 | 1,168 | 1,078 | 1,094 | |
| Amortization of intangible assets | 75 | 73 | 62 | 48 | 46 | |
| Asset impairment charges | 54 | 0 | 34 | 0 | 0 | |
| Restructuring charges | 52 | 16 | 33 | 32 | 9 | |
| OPERATING INCOME | 516 | 738 | 615 | 774 | 811 | |
| Interest expense | 115 | 121 | 117 | 119 | 84 | |
| Other (income) expense, net | −4 | 12 | −20 | −12 | 400,000 | |
| Income before income taxes | 405 | 606 | 518 | 667 | 726 | |
| Income taxes | 106 | 134 | 112 | 127 | 167 | |
| Income from continuing operations, net of tax | 299 | 472 | 406 | 540 | 560 | |
| (Loss) income from discontinued operations, net of tax | 0 | 0 | −1 | 147 | 213 | |
| NET INCOME | 299 | 472 | 405 | 687 | 772 | |
| Continuing operations | 2.48 | 3.78 | 3.2 | 4.14 | 4.07 | |
| Discontinued operations | 0 | 0 | −0.01 | 1.13 | 1.55 | |
| Basic earnings per share | 2.48 | 3.78 | 3.19 | 5.27 | 5.62 | |
| Continuing operations | 2.47 | 3.75 | 3.17 | 4.11 | 4.01 | |
| Discontinued operations | 0 | 0 | 0 | 1.12 | 1.53 | |
| Diluted earnings per share | 2.47 | 3.75 | 3.17 | 5.23 | 5.54 | |
| Basic average shares outstanding | 121 | 125 | 127 | 130 | 138 | |
| Diluted average number of shares outstanding | 121 | 126 | 128 | 131 | 140 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 264 | 381 | 366 | 643 | 426 | |
| Accounts receivable less allowances for discounts and credit losses | 513 | 514 | 534 | 522 | 580 | |
| Inventories | 1,025 | 960 | 982 | 1,021 | 890 | |
| Other current assets | 172 | 152 | 163 | 275 | 135 | |
| TOTAL CURRENT ASSETS | 1,974 | 2,007 | 2,046 | 2,460 | 2,745 | |
| Property, plant and equipment, net of accumulated depreciation | 806 | 999 | 975 | 784 | 671 | |
| Operating lease assets | 260 | 148 | 174 | 119 | 131 | |
| Goodwill | 2,006 | 1,992 | 1,907 | 1,641 | 1,539 | |
| Other intangible assets, net of accumulated amortization | 1,232 | 1,297 | 1,355 | 1,001 | 968 | |
| Assets held for sale | 114 | 3 | — | 0 | 1,776 | |
| Other assets | 129 | 115 | 109 | 116 | 108 | |
| TOTAL ASSETS | 6,521 | 6,562 | 6,565 | 6,121 | 5,447 | |
| Short-term debt | 0 | 500 | 0 | 599 | 400 | |
| Accounts payable | 525 | 514 | 568 | 422 | 561 | |
| Other current liabilities | 547 | 589 | 632 | 524 | 646 | |
| TOTAL CURRENT LIABILITIES | 1,072 | 1,602 | 1,200 | 1,545 | 1,971 | |
| Long-term debt | 2,545 | 2,174 | 2,670 | 2,074 | 2,310 | |
| Deferred income taxes | 147 | 117 | 111 | 137 | 82 | |
| Accrued defined benefit plans | 23 | 33 | 47 | 80 | 81 | |
| Operating lease liabilities | 244 | 122 | 143 | 95 | 109 | |
| Other non-current liabilities | 102 | 92 | 99 | 103 | 170 | |
| TOTAL LIABILITIES | 4,132 | 4,140 | 4,272 | 4,034 | 4,871 | |
| Commitments (Note 17) and Contingencies (Note 21) | — | — | — | — | — | |
| Common stock | 2 | 2 | 2 | 2 | 2 | |
| Paid-in capital | 3,214 | 3,189 | 3,135 | 3,070 | 3,018 | |
| Accumulated other comprehensive income | 64 | 42 | 63 | 37 | −25 | |
| Retained earnings | 3,135 | 2,957 | 2,605 | 2,324 | 2,808 | |
| Treasury stock | −4,027 | −3,768 | −3,512 | −3,346 | −2,739 | |
| TOTAL EQUITY | 2,389 | 2,422 | 2,293 | 2,087 | 3,065 | |
| TOTAL LIABILITIES AND EQUITY | 6,521 | 6,562 | 6,565 | 6,121 | 7,936 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation | 119 | 121 | 107 | 127 | 125 | |
| Amortization of intangibles | 76 | 73 | 62 | — | — | |
| Non-cash lease expense | 52 | 39 | 35 | 45 | 43 | |
| Stock-based compensation | 21 | 39 | 34 | 50 | 50 | |
| Recognition of actuarial loss (gain) | 0 | 18 | −500,000 | −1 | 800,000 | |
| Deferred taxes | 32 | 200,000 | −26 | 15 | 2 | |
| Other operating acivities, net | 400,000 | −3 | 3 | 7 | — | |
| Decrease in accounts receivable | 6 | 6 | 26 | 66 | −152 | |
| (Increase) decrease in inventories | −55 | 17 | 149 | −199 | −324 | |
| (Decrease) increase in accounts payable | 10 | −29 | 101 | −161 | 138 | |
| (Increase) decrease in other assets | −18 | −9 | 170 | 14 | 1 | |
| (Decrease) in accrued taxes | −7 | −11 | −17 | −66 | 8 | |
| (Decrease) in accrued expenses and other liabilities | −108 | −65 | −25 | −130 | −50 | |
| NET CASH PROVIDED BY OPERATING ACTIVITIES | 479 | 668 | 1,056 | 566 | 689 | |
| Capital expenditures | −112 | −193 | −257 | −246 | −214 | |
| Proceeds from the disposition of assets | 7 | 27 | 3 | 8 | 2 | |
| Cost of acquisitions, net of cash acquired | 0 | −135 | −784 | −218 | 5 | |
| Other investing activities, net | 0 | −1 | 0 | 0 | 0 | |
| NET CASH USED IN INVESTING ACTIVITIES | −105 | −303 | −1,038 | −456 | −207 | |
| Repayment of short-term debt | −500 | 0 | −600 | −1,100 | 0 | |
| Issuance of long-term debt | 1,920 | 915 | 1,065 | 5,975 | 1,245 | |
| Repayment of long-term debt | −1,550 | −915 | −470 | −5,613 | −1,510 | |
| Proceeds from the exercise of stock options | 5 | 16 | 18 | 1 | 42 | |
| Employee withholding taxes paid related to stock-based compensation | −8 | −14 | −15 | −27 | −13 | |
| Dividends to stockholders | −121 | −120 | −117 | −146 | −143 | |
| Treasury stock purchases | −248 | −240 | −150 | −580 | −448 | |
| Other financing activities, net | −1 | −5 | −3 | −23 | −1 | |
| NET CASH (USED IN) FINANCING ACTIVITIES | −503 | −363 | −271 | 73 | −429 | |
| Effect of foreign exchange rate changes on cash | 12 | −12 | 500,000 | −11 | −2 | |
| NET (DECREASE) IN CASH AND CASH EQUIVALENTS | −118 | −10 | −253 | 172 | 51 | |
| Interest | 123 | 127 | 121 | 103 | 77 | |
| Income taxes paid directly to taxing authorities | 79 | 152 | 120 | 278 | 229 | |
| Dividends declared but not paid | 31 | 31 | 30 | 29 | 38 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Fortune Brands Innovations, Inc.'s CIK number?
Fortune Brands Innovations, Inc.'s SEC CIK number is 0001519751 (1519751). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Fortune Brands Innovations, Inc.'s SEC filings?
All of Fortune Brands Innovations, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Fortune Brands Innovations, Inc. last report earnings?
Fortune Brands Innovations, Inc. (FBIN) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-211899). This is Fortune Brands Innovations, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Fortune Brands Innovations, Inc.'s most recent earnings 8-K?
Fortune Brands Innovations, Inc.'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001193125-26-211899. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Fortune Brands Innovations, Inc.'s latest earnings 8-K →
Look up any company's CIK number →