Fortune Brands Innovations, Inc. (or "Fortune Brands") is an American manufacturer of home and security products, headquartered in Deerfield, Illinois. Its portfolio of businesses and brands includes Moen and the House of Rohl; outdoor living and security products from Therma-Tru, Larson, Fiberon, Master Lock and SentrySafe; and MasterBrand Cabinets. Fortune Brands is a Fortune 500 company and part of the S&P 400 Index.3 Its shares trade on NYSE under the symbol FBIN.1Wikipedia text CC BY-SA 4.0
Fortune Brands Innovations, Inc. (or "Fortune Brands") is an American manufacturer of home and security products, headquartered in Deerfield, Illinois. Its portfolio of businesses and brands includes Moen and the House of Rohl; outdoor living and security products from Therma-Tru, Larson, Fiberon, Master Lock and SentrySafe; and MasterBrand Cabinets. Fortune Brands is a Fortune 500 company and part of the S&P 400 Index. As of December 31, 2021, the company reported employing approximately 28,000 associates and posted full-year 2021 net sales of $7.7 billion.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Where each dollar of operating cash went, fiscal 2025
Capital spendingDividends paidShare buybacks
Capital spending23¢$111.8M
Dividends paid25¢$120.6M
Share buybacks52¢$247.8M
Out of $478.6M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.9
Financial statements
Revenue101112139$4.5B in 2025−23% since 2019Gross profit14$2.2B in 2020+5% since 2019Operating income101112139$516.1M in 2025−26% since 2019Net income10119$298.8M in 2025−31% since 2019
Revenue1516$1.2B in Q2 FY2026+14% since Q1 FY2026Operating income1516-$9.0M in Q2 FY2026Net income1516-$22.5M in Q2 FY2026
Every line of the income statement as filed: the last 3 fiscal years, latest first.9
Period ending
2025-12-31
2024-12-31
2023-12-31
NET SALES
$4.5B
$4.6B
$4.6B
Cost of products sold
$2.5B
$2.5B
$2.7B
Selling, general and administrative expenses
$1.3B
$1.2B
$1.2B
Amortization of intangible assets
$75.2M
$73.1M
$62.1M
Asset impairment charges
$53.6M
$0
$33.5M
Restructuring charges
$52.4M
$16.2M
$32.5M
OPERATING INCOME
$516.1M
$737.9M
$614.9M
Interest expense
$115.2M
$120.5M
$116.5M
Other (income) expense, net
-$4.1M
$11.9M
-$19.5M
Income before income taxes
$405.0M
$605.5M
$517.9M
Income taxes
$106.2M
$133.6M
$112.4M
Income from continuing operations, net of tax
$298.8M
$471.9M
$405.5M
(Loss) income from discontinued operations, net of tax
$0
$0
-$1.0M
NET INCOME
$298.8M
$471.9M
$404.5M
Continuing operations
$2
$4
$3
Discontinued operations
$0
$0
-$0
Basic earnings per share
$2.48
$3.78
$3.19
Continuing operations
$2
$4
$3
Discontinued operations
$0
$0
$0
Diluted earnings per share
$2.47
$3.75
$3.17
Basic average shares outstanding
120.7M shares
124.8M shares
126.9M shares
Diluted average number of shares outstanding
121.2M shares
125.7M shares
127.7M shares
No quarter-by-quarter statement was filed.
Total assets1012139$6.5B in 2025+4% since 2019Total liabilities14101112139$4.1B in 2025+7% since 2019Shareholders’ equity14139$2.4B in 2025−2% since 2019Cash14101112139$264.0M in 2025−32% since 2019Long-term debt14101112139$2.5B in 2025+43% since 2019
Total assets1516$6.3B in Q2 FY2026−3% since Q1 FY2025Total liabilities1516$4.0B in Q2 FY2026−2% since Q1 FY2025Shareholders’ equity1516$2.3B in Q2 FY2026−3% since Q1 FY2025Cash1516$209.7M in Q2 FY2026−21% since Q1 FY2025Long-term debt1516$2.6B in Q2 FY2026+0% since Q1 FY2025
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.9
Period ending
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Cash and cash equivalents
$264.0M
$381.1M
Accounts receivable less allowances for discounts and credit losses
$513.1M
$514.4M
Inventories
$1.0B
$960.3M
Other current assets
$172.2M
$151.6M
TOTAL CURRENT ASSETS
$2.0B
$2.0B
Property, plant and equipment, net of accumulated depreciation
$805.9M
$999.2M
$975.0M
Operating lease assets
$259.6M
$148.1M
Goodwill
$2.0B
$2.0B
$1.9B
Other intangible assets, net of accumulated amortization
$1.2B
$1.3B
Assets held for sale
$113.8M
$3.2M
Other assets
$129.0M
$114.7M
TOTAL ASSETS
$6.5B
$6.6B
$6.6B
Short-term debt
$0
$499.6M
Accounts payable
$524.6M
$513.9M
Other current liabilities
$547.0M
$588.8M
TOTAL CURRENT LIABILITIES
$1.1B
$1.6B
Long-term debt
$2.5B
$2.2B
Deferred income taxes
$146.9M
$117.4M
Accrued defined benefit plans
$23.2M
$32.5M
Operating lease liabilities
$243.8M
$121.6M
Other non-current liabilities
$101.6M
$92.3M
TOTAL LIABILITIES
$4.1B
$4.1B
Common stock
$1.9M
$1.9M
Paid-in capital
$3.2B
$3.2B
Accumulated other comprehensive income
$64.2M
$42.4M
Retained earnings
$3.1B
$3.0B
Treasury stock
-$4.0B
-$3.8B
TOTAL EQUITY
$2.4B
$2.4B
$2.3B
$2.1B
TOTAL LIABILITIES AND EQUITY
$6.5B
$6.6B
Common stock, par value
$0.01
$0.01
Common stock, shares issued
188.4M shares
187.9M shares
Period ending
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Cash and cash equivalents
$264.0M
$381.1M
Accounts receivable less allowances for discounts and credit losses
$513.1M
$514.4M
Inventories
$1.0B
$960.3M
Other current assets
$172.2M
$151.6M
TOTAL CURRENT ASSETS
$2.0B
$2.0B
Property, plant and equipment, net of accumulated depreciation
$805.9M
$999.2M
$975.0M
Operating lease assets
$259.6M
$148.1M
Goodwill
$2.0B
$2.0B
$1.9B
Other intangible assets, net of accumulated amortization
$1.2B
$1.3B
Assets held for sale
$113.8M
$3.2M
Other assets
$129.0M
$114.7M
TOTAL ASSETS
$6.5B
$6.6B
$6.6B
Short-term debt
$0
$499.6M
Accounts payable
$524.6M
$513.9M
Other current liabilities
$547.0M
$588.8M
TOTAL CURRENT LIABILITIES
$1.1B
$1.6B
Long-term debt
$2.5B
$2.2B
Deferred income taxes
$146.9M
$117.4M
Accrued defined benefit plans
$23.2M
$32.5M
Operating lease liabilities
$243.8M
$121.6M
Other non-current liabilities
$101.6M
$92.3M
TOTAL LIABILITIES
$4.1B
$4.1B
Common stock
$1.9M
$1.9M
Paid-in capital
$3.2B
$3.2B
Accumulated other comprehensive income
$64.2M
$42.4M
Retained earnings
$3.1B
$3.0B
Treasury stock
-$4.0B
-$3.8B
TOTAL EQUITY
$2.4B
$2.4B
$2.3B
$2.1B
TOTAL LIABILITIES AND EQUITY
$6.5B
$6.6B
Common stock, par value
$0.01
$0.01
Common stock, shares issued
188.4M shares
187.9M shares
Cash from operations101112139$478.6M in 2025−25% since 2019Capital spending101112139$111.8M in 2025−15% since 2019Free cash flow101112139$366.8M in 2025−27% since 2019Dividends paid101112139$120.6M in 2025−2% since 2019Share buybacks101112139$247.8M in 2025+148% since 2019
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.9
Period ending
2025-12-31
2024-12-31
2023-12-31
Net income
$298.8M
$471.9M
$404.5M
Depreciation
$118.9M
$120.5M
$106.7M
Amortization of intangibles
$75.5M
$73.1M
$62.1M
Non-cash lease expense
$51.6M
$38.6M
$35.1M
Stock-based compensation
$20.8M
$39.3M
$34.2M
Asset impairment charges
$53.6M
$0
$33.5M
Recognition of actuarial loss (gain)
$0
$18.3M
-$500.0K
Deferred taxes
$32.3M
$200.0K
-$26.1M
Other operating acivities, net
$400.0K
-$2.7M
$3.1M
Decrease in accounts receivable
$5.6M
$6.3M
$25.7M
(Increase) decrease in inventories
-$55.4M
$16.6M
$148.8M
(Decrease) increase in accounts payable
$9.5M
-$29.3M
$101.1M
(Increase) decrease in other assets
-$17.6M
-$9.3M
$170.0M
(Decrease) in accrued taxes
-$7.3M
-$10.5M
-$17.4M
(Decrease) in accrued expenses and other liabilities
-$108.1M
-$65.2M
-$25.0M
NET CASH PROVIDED BY OPERATING ACTIVITIES
$478.6M
$667.8M
$1.1B
Capital expenditures
-$111.8M
-$193.3M
-$256.5M
Proceeds from the disposition of assets
$6.9M
$26.9M
$2.8M
Cost of acquisitions, net of cash acquired
$0
-$135.4M
-$784.1M
Other investing activities, net
$0
-$1.1M
$0
NET CASH USED IN INVESTING ACTIVITIES
-$104.9M
-$302.9M
-$1.0B
Repayment of short-term debt
-$500.0M
$0
-$600.0M
Issuance of long-term debt
$1.9B
$915.0M
$1.1B
Repayment of long-term debt
-$1.5B
-$915.0M
-$470.0M
Proceeds from the exercise of stock options
$4.5M
$15.5M
$18.0M
Employee withholding taxes paid related to stock-based compensation
Fortune Brands Home & Security sits at the top of its group. 23 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Fortune Brands Home & Security
PICTET ASSET MANAGEMENT SAFiled SCHEDULE 13D/A on Fortune Brands Home & Security, latest Aug 19, 2026 (3 filings since Mar 17, 2026)
ORBIS INVESTMENT MANAGEMENT LTDFiled SCHEDULE 13G/A on Fortune Brands Home & Security, latest May 15, 2026 (2 filings since Feb 17, 2026)
THERMA-TRU CORP. Subsidiary · Maumee, Ohio, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Fortune Brands Home & Security reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Our principal executive office is located in Deerfield, Illinois. We operate 14 U.S. manufacturing facilities in 8 states and have 16 manufacturing facilities in international locations (4 in Mexico, 5 in Europe, 3 in Africa, 3 in Asia and 1 in Canada). In addition, we have 34 distribution centers and warehouses worldwide, of which 29 are leased. The following table provides additional information with respect to these properties.
Segment · Manufacturing Facilities · Distribution Centersand Warehouses
The rest of Item 2
Owned · Leased · Total · Owned · Leased · Total
Water · 8 · 6 · 14 · 2 · 15 · 17
Outdoors · 11 · 1 · 12 · 2 · 8 · 10
Security · 3 · 1 · 4 · 1 · 6 · 7
Totals · 22 · 8 · 30 · 5 · 29 · 34
We are of the opinion that the properties are suitable to our respective businesses and have production capacities adequate to meet the current needs of our businesses.
Fortune Brands Home & Security, Inc. began trading on the New York Stock Exchange under the ticker symbol FBHS on October 3, 2011. Prior to its spin-off, the company operated as a division of the former Fortune Brands, Inc. holding company. Following the separation, Fortune Brands, Inc. changed its name to Beam Inc. and retained no ownership interest in Fortune Brands Home & Security, Inc.
In August 2022, Fortune Brands acquired Aqualisa Holdings, a shower products manufacturer, for $160 million.
In March 2026, the company announced it would restart its search for a new chief executive and rescind its appointment of Amit Banati, who had planned to assume the role in May.
As of April 28, 2022, Fortune Brands has three reporting segments: Water Innovations, Outdoors & Security, and Cabinets.
Water Innovations
Fortune Brands' Water Innovations segment (formerly the Global Plumbing Group) is headquartered in North Olmsted, Ohio. The segment manufactures or assembles and sells faucets, accessories, kitchen sinks and waste disposals, predominantly under the Moen and House of Rohl brands, which includes luxury branded plumbing products from Riobel, Perrin & Rowe, Victoria + Albert and Shaws. In addition to offering faucets, showers, tubs, sinks and accessories, the Moen brand is expanding its home whole water management and digital offerings with the Moen Smart Water Network.
Outdoors & Security
Fortune Brands' Outdoors & Security segment is headquartered in Maumee, Ohio. Formerly operating under "Doors & Security", its name was changed to Outdoors & Security in November 2020 preceding the acquisition of Larson in December 2020. The Outdoors & Security segment manufactures and sells fiberglass and steel entry door systems under the Therma-Tru brand name, storm, screen and security doors under the Larson brand name, composite decking and railing under the Fiberon brand name, and urethane millwork under the Fypon brand name. Fortune Brands acquired Solar Innovations in January 2022 to support the segment’s outdoor living strategy. The Outdoors & Security segment also manufactures, sources and distributes locks, safety and security devices, and electronic security products under the Master Lock and American Lock brands and fire resistant safes, security containers and commercial cabinets under the SentrySafe brand.
Cabinets
Fortune Brands' previously had a Cabinets segment that was headquartered in Jasper, Indiana. MasterBrand Cabinets manufacturers and sells stock and semi-custom and custom cabinetry, as well as vanities for the kitchen, bath and other parts of the home. Brands within the MasterBrand Cabinets portfolio include Omega, Decora, Diamond, Aristokraft, Urbana, Mantra, and more. In April of 2022 Fortune Brands announced its intent to separate into two separate publicly traded companies via a tax-free spin-off of the Cabinets business.
From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record. The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Fortune Brands Home & Security, Inc. spun-off from Fortune Brands, Inc. on October 3, 2011, and began trading as a separate company on the NYSE. Below is the timeline of mergers, acquisitions and divestitures from the time of the spin-off:
June 2013: Acquired WoodCrafters
July 2014: Acquired SentrySafe
September 2014: Sold Simonton Windows
Read the full text
May 2015: Acquired Norcraft Companies
September 2015: Sold Waterloo tool storage
May 2016: Acquired Riobel
September 2016: Acquired Rohl and Perrin & Rowe
July 2017: Acquired Shaws of England
October 2017: Acquired Victoria + Albert
August 2018: Acquired Fiberon
December 2020: Acquired Larson
January 2022: Acquired Solar Innovations
July 2022: Acquired Aqualisa Products Limited
December 2022: Spun-off MasterBrand, Inc.
July 2023: Acquired the US and Canadian part of the Yale home lock business from Assa Abloy
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
417 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 64 major events, 244 insider forms, 29 large holders, 60 other. The latest 20:
19 open-market trades by officers, directors and large owners since October 2021: 7 buys and 12 sales. Grants, option exercises and gifts are left out.
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
SEC filer profile
How Fortune Brands Home & Security is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
From the cover page of the 10-K filed Feb 23, 2026 (Section 12(b) of the Exchange Act).17
Risk factors and legal proceedings
The risks Fortune Brands Home & Security names in Item 1A of its 10-K filed Feb 23, 2026: 22 risks under these headings, as written.17
Industry Risks
Our business primarily relies on North American and Chinese home improvement, repair and remodel, and new home construction activity levels, all of which are impacted by risks associated with fluctuations in the housing market. Downward changes in the general economy or the housing market, or unfavorable interest rates or other business conditions, could adversely affect our results of operations, cash flows and financial condition.
We operate in very competitive consumer and trade brand categories.
We may not successfully execute on our strategic plans, and our strategies may not prove effective in the face of business competition or yield the intended results.
Our businesses rely on the performance of wholesale distributors and dealers, retailers and other marketing arrangements and could be adversely affected by poor performance or other disruptions in our distribution channels and customers.
Rapidly evolving technological change and our ability to react effectively may present significant competitive risks.
Operational and Sourcing Risks
Risks associated with our ability to improve organizational productivity and global supply chain efficiency and flexibility could adversely affect our results of operations, cash flows and financial condition.
Risks associated with global commodity and energy availability and price volatility, as well as the possibility of sustained inflation, could adversely affect our results of operations, cash flows and financial condition.
We manufacture, source and sell products internationally and are exposed to risks associated with doing business globally, including risks associated with uncertain trade environments.
Disruption of operations could adversely affect our results of operations, cash flows and financial condition.
Our inability to obtain raw materials and finished goods in a timely and cost-effective manner from suppliers could adversely affect our ability to manufacture and market our products.
The other 12 risks
Risks associated with strategic acquisitions, divestitures and joint ventures could adversely affect our results of operations, cash flows and financial condition.
Impairment charges could have a material adverse effect on our financial results.
Our pension costs and funding requirements could increase as a result of volatility in the financial markets and changes in interest rates and actuarial assumptions.
Legal, Regulatory and People Risks
Our failure to attract and retain qualified personnel and other labor constraints could adversely affect our results of operations, cash flows and financial condition.
Potential liabilities and costs from claims and litigation could adversely affect our results of operations, cash flows and financial condition.
Changes in government and industry regulatory standards could adversely affect our results of operations, cash flows and financial condition.
Future tax law changes or the interpretation of existing tax laws may materially impact our effective income tax rate, the resolution of unrecognized tax benefits and cash tax payments.
Our inability to secure and protect our intellectual property rights could negatively impact revenues and brand reputation.
Climate change and related impacts, including legislative and regulatory initiatives, could adversely affect our business and results of operations.
Environmental, social and governance matters may adversely impact our business and reputation.
In connection with the Separation, the Company and MasterBrand have agreed to indemnify each other for certain liabilities. If we are required to indemnify MasterBrand, our financial results could be negatively impacted. Further, MasterBrand’s indemnities may not be sufficient to hold us harmless from the full amount of liabilities for which MasterBrand has been allocated responsibility, and MasterBrand may not be able to satisfy its indemnification obligations in the future.
If the Separation, together with certain related transactions, were to fail to qualify as tax-free for U.S. federal income tax purposes, then we and our stockholders could be subject to significant tax liability or tax indemnity obligations.
Legal proceedings
We are a defendant in lawsuits that are ordinary, routine litigation matters incidental to our businesses. It is not possible to predict the outcome of the pending actions, and, as with any litigation, it is possible that these actions could be decided unfavorably. We believe that there are meritorious defenses to these actions and that these actions will not have a material adverse effect upon our results of operations, cash flows or financial condition, and, where appropriate, these actions are being vigorously contested. Accordingly, we believe the likelihood of material loss is remote.
