FBINFortune Brands Innovations, Inc.

$46.32

Is the business good?

How good a business is FBIN?

Fortune Brands Innovations, Inc. earns 7.8% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

7.8%

Return on invested capital · cost of capital 9.0% · 1.2 points below what the capital costs: growth destroys value

Operating margin
11%

Operating margin · Building Products & Equipment median 16% · 12 months to Q1 2026

Cash conversion
1.25×

Cash conversion · 1.17× a year ago · every dollar of reported profit arrived as cash, and more

Share count, year on year
−2.3%

Share count, year on year · bought back, each share owns more of the company

Operating margin by fiscal year
YearOperating margin
FY202016%
FY202117%
FY202216%
FY202313%
FY202416%
FY202512%
Details
Gross margin12 months to Q1 2026
44%
Operating margin12 months to Q1 2026
11%
Net margin12 months to Q1 2026
6.1%
Free cash flow margin
7.6%
Revenue, trailing twelve months
$4.44B
Free cash flow, trailing twelve months
$340M
Net income, trailing twelve months
$272M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
7.8%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.