FBINNYSEMillwood, Veneer, Plywood, & Structural Wood MembersFiscal year ends December 27
Fortune Brands Innovations, Inc.
Financials through Q2 FY2026, quarter ended Jun 27, 2026Last filing: 10-Q on Aug 5, 2026
$40.18+0.14 (+0.35%)
Close on Oct 19, 2026
- Market cap
- $4.79B
- P/E (TTM)
- 16.3
- Dividend yield
- 2.51%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
44.6%−15.2 pts over 5 years
Operating margin
11.6%−4.1 pts over 5 years
Net margin
–
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -3.2% | -1.9% | +4.3% | -0.3% | |
| Gross profit | -3.7% | +1.0% | -1.7% | +2.3% | |
| Operating income | -30.1% | -12.6% | -1.9% | +0.4% | |
| EPS, diluted | -34.1% | -22.1% | -8.9% | +2.5% | |
| Free cash flow | -22.7% | +4.6% | -11.5% | +2.0% | |
| Dividend per share | +4.1% | -1.9% | +0.6% | +5.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 17.2% | 21.3% | – | |
| Return on assets | 8.3% | 8.1% | – | |
| Current ratio | 1.71 | 1.64 | 1.84 | |
| Debt to equity | 0.61 | 0.93 | – | |
| Interest coverage | 12.6× | 6.8× | 4.5× | |
| Inventory turnover | 5.9× | 1.8× | 2.5× | |
| Capex to revenue | 3.0% | 4.2% | 2.5% | |
| Diluted shares | 158M | 140M | 121M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Fortune Brands Innovations generated $3.46B from operations and spent $3.33B on capital expenditure, dividends and share buybacks. 31% of that went back into the business.
Generated
$3.46B
Used
$3.33B
Capital expenditure$1.02B31%Dividends$645.60M19%Share buybacks$1.67B50%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin15.3%
×Asset turnover0.53×
×Equity multiplier2.62×
=Return on equity, FY202021.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2020 | 15.3% | 0.53× | 2.62× | 21.3% |
| FY2019 | 7.5% | 0.94× | 2.66× | 18.8% |
| FY2018 | 7.1% | 0.96× | 2.40× | 16.3% |
| FY2017 | 8.9% | 0.99× | 2.14× | 19.1% |
| FY2016 | 8.3% | 1.00× | 2.08× | 17.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero$478.60M
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income$478.60M vs –
- Less leverageLong-term debt to assets fell33.1% → 39.0%
- Better liquidityCurrent ratio rose1.25 → 1.84
- No dilutionShare count did not rise126M → 121M
- Gross margin improvedGross margin up on the prior year44.83% → 44.57%
- More efficientAsset turnover rose0.70 → 0.68