Fortune Financial Statements From 2010 to 2025

FBIN Stock   63.33  0.29  0.46%   
Fortune Brands financial statements provide useful quarterly and yearly information to potential Fortune Brands Innovations investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Fortune Brands financial statements helps investors assess Fortune Brands' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Fortune Brands' valuation are summarized below:
Gross Profit
2.1 B
Profit Margin
0.1024
Market Capitalization
7.8 B
Enterprise Value Revenue
2.1758
Revenue
4.6 B
We have found one hundred twenty available fundamental signals for Fortune Brands Innovations, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to verify Fortune Brands' prevailing fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road.

Fortune Brands Total Revenue

5.17 Billion

Check Fortune Brands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortune Brands' main balance sheet or income statement drivers, such as Depreciation And Amortization of 154.8 M, Interest Expense of 74.1 M or Total Revenue of 5.2 B, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.0349 or PTB Ratio of 3.75. Fortune financial statements analysis is a perfect complement when working with Fortune Brands Valuation or Volatility modules.
  
Check out the analysis of Fortune Brands Correlation against competitors.

Fortune Brands Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets5.9 B6.6 B5.5 B
Slightly volatile
Short and Long Term Debt Total1.7 B2.8 B1.6 B
Slightly volatile
Other Current Liabilities521.9 M562.1 M487 M
Slightly volatile
Total Current Liabilities1.2 B1.6 B1.1 B
Slightly volatile
Property Plant And Equipment Net819.8 M1.1 B762.1 M
Slightly volatile
Accounts Payable445.8 M513.9 M417.3 M
Slightly volatile
Cash326.8 M381.1 M313.7 M
Slightly volatile
Non Current Assets Total4.1 B4.6 B3.8 B
Slightly volatile
Non Currrent Assets Other142.9 M117.9 M134 M
Slightly volatile
Cash And Short Term Investments326.8 M381.1 M313.7 M
Slightly volatile
Net Receivables555.6 M514.4 M516.5 M
Slightly volatile
Good WillBB1.8 B
Slightly volatile
Common Stock Shares Outstanding119.9 M125.7 M147.7 M
Slightly volatile
Liabilities And Stockholders Equity5.9 B6.6 B5.5 B
Slightly volatile
Non Current Liabilities Total2.5 B2.5 B2.2 B
Slightly volatile
Inventory711.4 M960.3 M670.4 M
Slightly volatile
Other Current Assets213.3 M151.6 M236.3 M
Very volatile
Total Liabilities3.6 B4.1 B3.2 B
Slightly volatile
Total Current Assets1.9 BB1.7 B
Slightly volatile
Short Term Debt524.6 M499.6 M259.8 M
Slightly volatile
Intangible Assets1.1 B1.3 B1.1 B
Slightly volatile
Common Stock1.9 M2.2 M1.8 M
Slightly volatile
Long Term Debt2.4 B2.2 BB
Slightly volatile
Net Invested Capital5.5 B5.1 B4.8 B
Slightly volatile
Short and Long Term Debt533.2 M574.5 M508.2 M
Very volatile
Capital StockM2.2 M1.9 M
Slightly volatile
Non Current Liabilities Other134.8 M92.3 M161 M
Very volatile
Net Working Capital704.5 M405.1 M421.2 M
Slightly volatile
Other Liabilities371.3 M287.6 M475.2 M
Slightly volatile
Other Assets123.3 M129.8 M234.5 M
Pretty Stable
Capital Lease Obligations106.6 M121.6 M135.3 M
Slightly volatile
Property Plant And Equipment Gross1.7 B2.2 B2.1 B
Slightly volatile
Property Plant Equipment756.3 M812.3 M947.6 M
Slightly volatile
Short Term Investments729.2 M1.4 B281.1 M
Slightly volatile

Fortune Brands Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization154.8 M193.6 M143.4 M
Slightly volatile
Interest Expense74.1 M120.5 M64.7 M
Slightly volatile
Total Revenue5.2 B4.6 B4.8 B
Slightly volatile
Gross Profit1.9 B2.1 B1.7 B
Slightly volatile
Other Operating Expenses4.6 B3.9 B4.2 B
Slightly volatile
EBIT574.1 M726 M545.5 M
Slightly volatile
EBITDA728.9 M919.6 M689 M
Slightly volatile
Cost Of Revenue3.3 B2.5 B3.1 B
Slightly volatile
Total Operating Expenses1.3 B1.3 B1.2 B
Slightly volatile
Tax Provision122.3 M133.6 M148 M
Very volatile
Selling General Administrative993.3 M1.3 B1.2 B
Pretty Stable
Selling And Marketing Expenses205.4 M195.6 M42.5 M
Slightly volatile
Net Income From Continuing Ops567.6 M471.9 M456.2 M
Slightly volatile
Reconciled Depreciation188.7 M193.6 M161.6 M
Slightly volatile
Discontinued Operations141.3 M132.1 M168.1 M
Slightly volatile
Research Development63.5 M74.3 M53.8 M
Slightly volatile
Net Income Applicable To Common Shares672.1 M789.7 M530 M
Slightly volatile
Interest Income7.5 M5.1 M3.6 M
Slightly volatile

Fortune Brands Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation35 M39.3 M33.2 M
Slightly volatile
Free Cash Flow418.5 M667.8 M401.5 M
Slightly volatile
Begin Period Cash Flow308.1 M395.5 M295.7 M
Slightly volatile
Depreciation152.7 M193.6 M141.4 M
Slightly volatile
Other Non Cash Items701 M667.6 M142.9 M
Slightly volatile
Capital Expenditures153.4 M193.3 M145.4 M
Slightly volatile
Total Cash From Operating Activities558.6 M667.8 M534.1 M
Slightly volatile
End Period Cash Flow331.2 M385.5 M318 M
Slightly volatile
Dividends Paid115.1 M119.6 M161.5 M
Slightly volatile
Change To Netincome187.2 M252 M159.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.091.57561.4489
Pretty Stable
Dividend Yield0.03490.01960.0301
Slightly volatile
PTB Ratio3.753.57013.0398
Slightly volatile
Days Sales Outstanding52.640.325440.1972
Pretty Stable
Book Value Per Share11.6615.996916.4644
Pretty Stable
Free Cash Flow Yield0.04820.0430.0542
Very volatile
Operating Cash Flow Per Share2.864.34613.6824
Slightly volatile
Stock Based Compensation To Revenue0.00520.00960.0073
Slightly volatile
Capex To Depreciation0.781.161.0653
Very volatile
PB Ratio3.753.57013.0398
Slightly volatile
EV To Sales1.272.00561.7188
Slightly volatile
Free Cash Flow Per Share2.162.45742.8018
Slightly volatile
Inventory Turnover2.62.73194.6696
Slightly volatile
Days Of Inventory On Hand14013488.6841
Slightly volatile
Payables Turnover8.476.61797.561
Pretty Stable
Sales General And Administrative To Revenue0.180.22640.2224
Slightly volatile
Research And Ddevelopement To Revenue0.01210.01510.0117
Pretty Stable
Capex To Revenue0.04920.04690.0337
Slightly volatile
Cash Per Share5.865.58022.8074
Slightly volatile
POCF Ratio15.2513.140414.7241
Pretty Stable
Capex To Operating Cash Flow0.330.50.32
Slightly volatile
PFCF Ratio22.3723.2421.4686
Pretty Stable
Days Payables Outstanding39.3755.153649.7219
Pretty Stable
EV To Operating Cash Flow12.6516.726716.8398
Pretty Stable
EV To Free Cash Flow25.3829.582624.8607
Very volatile
Intangibles To Total Assets0.570.43150.5236
Slightly volatile
Current Ratio1.891.59031.5989
Pretty Stable
Receivables Turnover6.99.05149.2116
Very volatile
Graham Number25.9738.618433.243
Slightly volatile
Shareholders Equity Per Share11.6415.996916.4538
Pretty Stable
Debt To Equity1.351.28260.777
Slightly volatile
Capex Per Share1.781.71.1806
Slightly volatile
Average Receivables593.5 M633.8 M541.6 M
Slightly volatile
Revenue Per Share25.8936.247133.7633
Slightly volatile
Interest Debt Per Share22.521.432113.9439
Slightly volatile
Debt To Assets0.460.43680.3035
Slightly volatile
Enterprise Value Over EBITDA13.99.818913.0289
Slightly volatile
Short Term Coverage Ratios0.90.945137.8393
Pretty Stable
Operating Cycle101174123
Slightly volatile
Price Book Value Ratio3.753.57013.0398
Slightly volatile
Days Of Payables Outstanding39.3755.153649.7219
Pretty Stable
Price To Operating Cash Flows Ratio15.2513.140414.7241
Pretty Stable
Price To Free Cash Flows Ratio22.3723.2421.4686
Pretty Stable
Ebt Per Ebit0.710.86161.0051
Slightly volatile
Effective Tax Rate0.180.19070.2454
Slightly volatile
Company Equity Multiplier3.082.93652.3712
Slightly volatile
Long Term Debt To Capitalization0.520.49880.3719
Slightly volatile
Total Debt To Capitalization0.590.56190.4015
Slightly volatile
Debt Equity Ratio1.351.28260.777
Slightly volatile
Quick Ratio1.220.93020.9852
Pretty Stable
Dividend Paid And Capex Coverage Ratio1.371.44572.4993
Pretty Stable
Net Income Per E B T0.840.80930.7384
Slightly volatile
Cash Ratio0.220.41530.3011
Very volatile
Cash Conversion Cycle61.2711973.3938
Slightly volatile
Operating Cash Flow Sales Ratio0.080.11990.1035
Slightly volatile
Days Of Inventory Outstanding14013488.6841
Slightly volatile
Days Of Sales Outstanding52.640.325440.1972
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.560.510.6737
Slightly volatile
Cash Flow Coverage Ratios0.20.21180.3714
Slightly volatile
Price To Book Ratio3.753.57013.0398
Slightly volatile
Fixed Asset Turnover7.126.02656.6075
Very volatile
Capital Expenditure Coverage Ratio3.02.073.4396
Pretty Stable
Price Cash Flow Ratio15.2513.140414.7241
Pretty Stable
Enterprise Value Multiple13.99.818913.0289
Slightly volatile
Debt Ratio0.460.43680.3035
Slightly volatile
Cash Flow To Debt Ratio0.20.21180.3714
Slightly volatile
Price Sales Ratio1.091.57561.4489
Pretty Stable
Asset Turnover0.960.77160.8895
Pretty Stable
Gross Profit Margin0.290.40930.3636
Pretty Stable
Price Fair Value3.753.57013.0398
Slightly volatile

Fortune Brands Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap6.2 BB7.7 B
Slightly volatile

Fortune Fundamental Market Drivers

Forward Price Earnings14.5985
Cash And Short Term Investments381.1 M

Fortune Upcoming Events

30th of January 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
30th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Fortune Brands Financial Statements

Fortune Brands investors utilize fundamental indicators, such as revenue or net income, to predict how Fortune Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-33.4 M-31.7 M
Total Revenue4.6 B5.2 B
Cost Of Revenue2.5 B3.3 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.23  0.18 
Research And Ddevelopement To Revenue 0.02  0.01 
Capex To Revenue 0.05  0.05 
Revenue Per Share 36.25  25.89 
Ebit Per Revenue 0.16  0.17 

Pair Trading with Fortune Brands

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fortune Brands position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fortune Brands will appreciate offsetting losses from the drop in the long position's value.

Moving together with Fortune Stock

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The ability to find closely correlated positions to Fortune Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fortune Brands when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fortune Brands - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fortune Brands Innovations to buy it.
The correlation of Fortune Brands is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fortune Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fortune Brands Innov moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fortune Brands can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Fortune Brands Innov offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fortune Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fortune Brands Innovations Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fortune Brands Innovations Stock:
Check out the analysis of Fortune Brands Correlation against competitors.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortune Brands. If investors know Fortune will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortune Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.31
Dividend Share
0.96
Earnings Share
3.75
Revenue Per Share
36.931
Quarterly Revenue Growth
(0.05)
The market value of Fortune Brands Innov is measured differently than its book value, which is the value of Fortune that is recorded on the company's balance sheet. Investors also form their own opinion of Fortune Brands' value that differs from its market value or its book value, called intrinsic value, which is Fortune Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortune Brands' market value can be influenced by many factors that don't directly affect Fortune Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortune Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortune Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortune Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.