Fortune Brands Innovations, Inc. (FBIN) Financial Statements (2026 and earlier)

Company Profile

Business Address 1 HORIZON WAY
DEERFIELD, IL 60015
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 243 - Millwork, Veneer, Plywood, And Structural Wood (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments264381366643472419
Cash and cash equivalent264381366643472419
Receivables513514534522886735
Inventory, net of allowances, customer advances and progress billings1,0259609821,0211,194867
Inventory1,0259609821,0211,194867
Other current assets172152163275194187
Total current assets:1,9742,0072,0462,4602,7452,209
Noncurrent Assets
Operating lease, right-of-use asset260148174119192170
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization8069999757841,010917
Intangible asset, including goodwill, after accumulated amortization3,2383,2893,2622,6423,8493,815
Goodwill2,0061,9921,9071,6412,4652,395
Intangible asset, excluding goodwill, after accumulated amortization1,2321,2971,3551,0011,3841,420
Disposal group, including discontinued operation, noncurrent assets114     
Other noncurrent assets129118109116142248
Total noncurrent assets:4,5464,5544,5193,6615,1925,150
TOTAL ASSETS:6,5216,5626,5656,1217,9367,359
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities525514568422765621
Accounts payable525514568422765621
Debt  500 599400 
Other liabilities547589632524806725
Total current liabilities:1,0721,6021,2001,5451,9711,345
Noncurrent Liabilities
Long-term debt and lease obligation2,5452,1742,6702,0742,4692,713
Long-term debt, excluding current maturities2,5452,1742,6702,0742,3102,572
Liabilities, other than long-term debt516364401415432525
Deferred income tax liabilities147117111137176161
Liability, pension and other postretirement and postemployment benefits2333478080160
Other liabilities1029299103176205
Operating lease, liability24412214395159141
Total noncurrent liabilities:3,0602,5383,0712,4892,9003,238
Total liabilities:4,1324,1404,2724,0344,8714,583
Equity
Equity, attributable to parent2,3892,4222,2932,0873,0652,776
Common stock222222
Treasury stock, value(4,027)(3,768)(3,512)(3,346)(2,739)(2,278)
Additional paid in capital3,2143,1893,1353,0703,0182,926
Accumulated other comprehensive income (loss)64426337(25)(55)
Retained earnings3,1352,9572,6052,3242,8082,180
Total equity:2,3892,4222,2932,0873,0652,776
TOTAL LIABILITIES AND EQUITY:6,5216,5626,5656,1217,9367,359

Income Statement (P&L) ($ in millions)

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues4,4634,6094,6264,7237,6566,090
Cost of revenue
(Cost of Product and Service Sold)
(2,474)(2,543)(2,715)(2,790)(4,909)(3,926)
Gross profit:1,9892,0661,9111,9332,7472,164
Operating expenses(1,473)(1,328)(1,297)(1,159)(1,657)(1,363)
Other undisclosed operating income      
Operating income:5167386157741,090801
Nonoperating income (expense)4(12)2012(6)13
Investment income, nonoperating     (5) 
Other nonoperating income (expense)4(12)2012(1)13
Interest and debt expense   (117)(119)(84)(84)
Other undisclosed income from continuing operations before equity method investments, income taxes     5 
Income from continuing operations before equity method investments, income taxes:5207265186671,005731
Loss from equity method investments      (8)
Other undisclosed income (loss) from continuing operations before income taxes(115)(121)   8
Income from continuing operations before income taxes:4056065186671,005731
Income tax expense(106)(134)(112)(127)(233)(169)
Other undisclosed loss from continuing operations      (8)
Income from continuing operations:299472406540772554
Income before gain (loss) on sale of properties:772554
Income (loss) from discontinued operations   (1)147  
Net income:299472405687772554
Net loss attributable to noncontrolling interest      (1)
Net income available to common stockholders, diluted:299472405687772553

Comprehensive Income ($ in millions)

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income:299472405687772554
Other comprehensive income (loss) 22(21)26543118
Other undisclosed comprehensive income      
Comprehensive income:321451430740803572
Comprehensive loss, net of tax, attributable to noncontrolling interest      (1)
Comprehensive income, net of tax, attributable to parent:321451430740803571

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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