Reading the tape
NYSE: FBIN
Fortune Brands Innovations, Inc.
Industrials · Construction
Market Cap
$4.57B
52w High
$64.84
52w Low
$36.07
P/E
15.35
Volume
1.92M
Outstanding Shares
119.84M
Price vs Fundamentals
Why The Stock Is Moving
Likely fundamental deteriorationModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -29.85%Revenue (TTM): -3.17%FCF (TTM): -10.07%P/FCF: 18th pct
What changed
The stock fell 29.85% over the last year. Revenue declined 3.17% over the trailing twelve months. Operating margin moved from 16.01% to 11.56%. Free cash flow declined 10.07% over the trailing twelve months.
What the market seems to be pricing
The market is reacting to weaker business momentum more than just compressing the valuation multiple. Even if the shares already screen cheap on P/FCF, investors are still discounting lower future earnings power.
What would invalidate this read
Operating margin stands at 11.56%. Revenue declined 3.17% — this read reverses if that trend stabilizes. Free cash flow fell 10.07% — a return toward positive territory would undermine the deterioration thesis. If margins and cash flow stabilize while the stock stays depressed, the gap shifts from fundamental damage toward pure multiple compression.
Company profile
Fortune Brands Innovations, Inc. provides water, outdoor, and security products, including water management, connected products, outdoor living, material conversion, sustainability, safety, and wellness.
CEODavid V. Barry
SectorIndustrials
IndustryConstruction
Employees11,000
IPO dateSep 16, 2011
Valuation
Forward P/E—
EV/EBITDA12.23
Enterprise value$8.51B
Stock splits
Dec 15, 2022↑ Forward
Every 100 shares became 117
Profitability & growth
Revenue growth-2.42%
Gross margin44.54%▲0.00%vs FY2024
Operating margin11.56%▼27.77%vs FY2024
ROE12.51%▼35.80%vs FY2024
Analyst consensus
RatingHold
Target price$59.83▲57.03%
10
Buy
15
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 7, 2026
Q2 FY26 · EPS est $0.55 · Revenue est $1.01B
View
Dividends
$1.01/shareQuarterlySafeFBIN pays a dividend with a 2.65% dividend yield, growing at 3.81% annually, covered 3.0× by free cash flow.
Dividend Yield
2.65%
Annual Div / Share
$1.01
5yr CAGR
+3.81%
Doubles every ~18.5yr
Payout Ratio
40.35%
Safe
Dividend Growth Rate
3yr CAGR
+2.14%
5yr CAGR
+3.81%
10yr CAGR
+7.38%
Dividend Safety
9/10Safe
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2025$1.01+4.1%
2024$0.97+4.3%
2023$0.93-1.9%
2022$0.95+4.6%
2021$0.91+8.2%
2020$0.84+8.9%
2019$0.77+9.8%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$27/yr
$2/mo
In 5 yrs
$32/yr+21%
$3/mo
In 10 yrs
$39/yr+45%
$3/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$27/yr $2/mo | $32/yr+21% $3/mo | $39/yr+45% $3/mo |
Yield-on-cost grows from 2.65% → 3.85% over 10yr
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 3.0× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
No strong risk signal stands out from the latest period pair.