Fortune Brands Innovations Stock Price, News & Analysis
Company Description
Fortune Brands Innovations, Inc. (NYSE: FBIN) is described as an industry-leading home, security and digital products company whose stated purpose is to elevate everyday life by transforming spaces into havens. According to the company’s public communications, Fortune Brands focuses on products for both residential and commercial environments, with a growing emphasis on digital solutions and offerings that add luxury, contribute to safety and enhance sustainability.
The company is characterized as a brand, innovation and channel leader in home products, security and commercial building markets. Its portfolio brings together well-known names in water, outdoors and security. In its water-related activities, Fortune Brands highlights brands such as Moen, House of Rohl, Aqualisa and SpringWell. In outdoors and entry systems, the company points to Therma-Tru, Larson and Fiberon. In security and safety, it emphasizes Master Lock, SentrySafe, Yale residential and August.
Public information indicates that Fortune Brands organizes its activities into segments that include Water Innovations, Outdoors and Security. The Water Innovations segment is associated with water-related products and brands such as Moen and Aqualisa. The Outdoors segment is associated with brands such as Therma-Tru, Larson and Fiberon. The Security segment is associated with security and safety products under brands such as Master Lock and SentrySafe. These segments are referenced in the company’s earnings releases and segment reporting.
Fortune Brands Innovations is headquartered in Deerfield, Illinois. The company also notes that it maintains a digital-focused office in San Francisco, along with U.S. manufacturing sites, distribution centers and sales offices, as well as global locations. Its shares trade on the New York Stock Exchange under the ticker symbol FBIN.
In its communications, Fortune Brands emphasizes a growing focus on digital solutions and connected products for both commercial and residential use. Examples mentioned by the company include smart water leak detection, smart residential locks and workplace safety and security solutions. These offerings are presented as part of an expanding digital portfolio that complements its established core products in home, security and building markets.
The company regularly highlights the role of its brands in home improvement and building channels. For example, Larson is described as the leading storm door brand in North America and part of Fortune Brands Innovations. Larson products, including storm doors, retractable screens and exterior innovations, are said to be available through home improvement retailers and dealers across the United States and Canada. Master Lock and SentrySafe are described as globally recognized leaders in security solutions, with products designed for consumers, businesses and industrial users.
Fortune Brands’ public statements also reference its approach to innovation, digital capabilities and talent. The company has opened a new campus headquarters in Deerfield, Illinois, and reports that it has welcomed more than 500 associates to that campus, including a significant number of new hires. It describes the campus as supporting collaboration across brands and functions, with spaces intended to encourage design, development and cross-pollination of ideas across its portfolio.
In its financial communications, Fortune Brands provides segment-level information for Water Innovations, Outdoors and Security, and discusses metrics such as net sales, operating income, operating margin and earnings per share. The company has also communicated guidance ranges for full-year net sales, operating margins and earnings per share before charges and gains, along with assumptions about market conditions in areas such as global markets, U.S. repair and remodel activity, and specific geographic markets.
Fortune Brands Innovations states that it uses non-GAAP financial measures, such as operating income before charges and gains, operating margin before charges and gains, net debt, net debt to EBITDA before charges and gains, free cash flow and cash conversion. The company explains that reconciliations to the most comparable GAAP measures and reasons for using these measures are provided in its financial disclosures.
The company’s communications also describe its capital allocation approach, which includes investments in its businesses, share repurchases and dividends. Fortune Brands has announced quarterly cash dividends on its common shares and has referenced an opportunistic, returns-based share repurchase program. These actions are presented as part of a broader strategy to balance shareholder returns with investments that support growth and long-term value creation.
Across its disclosures, Fortune Brands Innovations underscores themes of brand strength, product development, digital transformation and operational execution. It references strategic priorities such as advancing digital capabilities, enhancing its connected product offerings, and using data and consumer insights to guide product and channel decisions. Leadership roles have been aligned to support these priorities, including roles focused on digital and innovation, as well as growth and transformation.
Business Segments and Brands
According to the company’s earnings releases and public descriptions, Fortune Brands’ activities are grouped into major segments:
- Water Innovations – Associated with water-related products and brands such as Moen, House of Rohl, Aqualisa and SpringWell.
- Outdoors – Associated with brands such as Therma-Tru, Larson and Fiberon, which the company links to home products and exterior applications.
- Security – Associated with security and safety products under brands such as Master Lock, SentrySafe, Yale residential and August.
These segments are referenced in the company’s segment reporting, where it provides net sales and operating margin information for each segment.
Position in Home, Security and Digital Products
Fortune Brands Innovations characterizes itself as a leader in categories it describes as “exciting, supercharged” within the home products, security and commercial building markets. It emphasizes the combination of established brands, product innovation and channel presence. The company’s communications highlight that its brands are present in home improvement channels and that its offerings span residential and commercial environments.
The company also notes a growing focus on digital and connected products, including smart water and smart lock solutions, and workplace safety and security offerings. These are presented as part of its strategy to integrate digital technology into its product lines.
Corporate Identity and Purpose
In multiple public statements, Fortune Brands Innovations reiterates its purpose “to elevate every life by transforming spaces into havens.” This purpose is linked to its focus on products that add luxury, contribute to safety and enhance sustainability. The company describes itself as aligning its brands, innovation efforts and channel strategies with this purpose.
Stock and Regulatory Profile
Fortune Brands Innovations, Inc. trades on the New York Stock Exchange under the ticker FBIN. The company files reports and current reports, such as Form 8-K, with the U.S. Securities and Exchange Commission. Recent Form 8-K filings have reported quarterly results and provided financial guidance, and have incorporated related press releases by reference.