Fortune Brands Innovations, Inc.
FBIN Industrials Building Products & Equipment
Fortune Brands Innovations, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.5 billion, down 3.16% from fiscal 2024.
- Revenue
- −3.09%
- EPS
- −28.8%
- Free cash flow
- +95.3%
- Total debt
- −13.5%
Quarter to September 2026, against a year earlier
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Fortune Brands Innovations, Inc. (FBIN) Altman Z-score
Fortune Brands Innovations, Inc.'s Altman Z-score for fiscal 2025 is 2.66, in the grey zone (1.81–2.99).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | 2.66 | (0.35) |
| FY2024 | 3.01 | (0.07) |
| FY2023 | 3.08 | 0.07 |
| FY2022 | 3.01 | (0.04) |
| FY2021 | 3.05 | 0.46 |
| FY2020 | 2.59 | (0.35) |
| FY2019 | 2.94 | 0.59 |
| FY2018 | 2.35 | (1.25) |
| FY2017 | 3.60 | 0.39 |
| FY2016 | 3.21 | (0.25) |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.14 | — | 0.17 | |
| Retained earnings / total assets | 0.48 | — | 0.67 | |
| EBIT / total assets | 0.08 | — | 0.26 | |
| Market value of equity / total liabilities | 1.46 | — | 0.88 | |
| Sales / total assets | 0.68 | — | 0.68 | |
| Altman Z-score | Grey zone | 2.66 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 3.61 | ||
Z and Z″ put Fortune Brands Innovations, Inc. in different zones: grey zone by Z, safe zone by Z″.
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| TREX Trex Company, Inc. compare | 8.5× |
| AWI Armstrong World Industries, Inc. compare | 7.8× |
| AAON AAON, Inc. compare | 6.9× |
| LPX Louisiana-Pacific Corporation compare | 6.2× |
| SPXC SPX Technologies, Inc. compare | 5.6× |
| GFF Griffon Corporation compare | 3.2× |
| BLDR Builders FirstSource, Inc. compare | 2.7× |
| FBIN Fortune Brands Innovations, Inc. | 2.7× |
| OC Owens Corning Inc compare | 2.0× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets
More on FBIN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Beneish M-score
- The full statement