NYSE : REZI
Resideo Technologies, Inc. — Financial statements
Industrials · Industrial Distribution · United States
Last price 19.03 USD (Nov 2, 2026, 9:41 AM EST) · Market cap 2.89B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Resideo Technologies, Inc. (REZI) reported revenue of 7.65B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 7.65B | 7.47B | 6.76B | 6.24B | 6.37B | 5.85B |
| Cost of Revenue | 5.42B | 5.28B | 4.86B | 4.55B | 4.60B | 4.26B |
| Gross Profit | 2.23B | 2.20B | 1.90B | 1.70B | 1.77B | 1.58B |
| Selling, General & Admin | 1.29B | 1.26B | 1.11B | 969.00M | 935.00M | 899.00M |
| Research & Development | 187.00M | 167.00M | 111.00M | 109.00M | 111.00M | 86.00M |
| Amortization of Goodwill & Intangibles | 124.00M | 122.00M | 80.00M | 38.00M | 35.00M | 30.00M |
| Operating Expenses | 1.60B | 1.55B | 1.30B | 1.12B | 1.08B | 1.01B |
| Operating Income | 637.00M | 648.00M | 602.00M | 580.00M | 685.00M | 569.00M |
| Interest Expense | -179.00M | -135.00M | -81.00M | -65.00M | -54.00M | -47.00M |
| Other Non Operating Income (Expenses) | -2.00M | -16.00M | -3.00M | 18.00M | -21.00M | -23.00M |
| EBT Excluding Unusual Items | 456.00M | 497.00M | 518.00M | 533.00M | 610.00M | 499.00M |
| Merger & Restructuring Charges | -111.00M | -34.00M | -86.00M | -42.00M | -35.00M | |
| Gain (Loss) on Sale of Assets | 57.00M | 52.00M | ||||
| Other Unusual Items | 104.00M | -972.00M | -211.00M | -178.00M | -157.00M | -146.00M |
| Pretax Income | 487.00M | -457.00M | 221.00M | 313.00M | 418.00M | 353.00M |
| Income Tax Expense | 60.00M | 70.00M | 105.00M | 103.00M | 135.00M | 111.00M |
| Net Income | 427.00M | -527.00M | 116.00M | 210.00M | 283.00M | 242.00M |
| Preferred Dividends & Other Adjustments | 48.00M | 35.00M | 25.00M | |||
| Net Income to Common | 379.00M | -562.00M | 91.00M | 210.00M | 283.00M | 242.00M |
| Shares Outstanding (Basic) | 150.50M | 149.00M | 146.00M | 147.00M | 146.00M | 144.00M |
| Shares Outstanding (Diluted) | 152.50M | 149.00M | 149.00M | 148.00M | 149.00M | 148.00M |
| EPS (Basic) | 2.52 | -3.77 | 0.62 | 1.43 | 1.94 | 1.68 |
| EPS (Diluted) | 2.49 | -3.77 | 0.61 | 1.42 | 1.90 | 1.63 |
| Free Cash Flow | -1.40B | -1.25B | 364.00M | 335.00M | 67.00M | 252.00M |
| Free Cash Flow Per Share | -9.17 | -8.41 | 2.44 | 2.26 | 0.45 | 1.70 |
| Gross Margin | 29.21% | 29.39% | 28.12% | 27.17% | 27.72% | 27.10% |
| Operating Margin | 8.33% | 8.67% | 8.90% | 9.29% | 10.75% | 9.73% |
| Profit Margin | 4.95% | -7.52% | 1.35% | 3.36% | 4.44% | 4.14% |
| Free Cash Flow Margin | -18.28% | -16.77% | 5.38% | 5.37% | 1.05% | 4.31% |
| EBITDA | 837.00M | 843.00M | 746.00M | 678.00M | 779.00M | 657.00M |
| EBITDA Margin | 10.94% | 11.28% | 11.03% | 10.86% | 12.23% | 11.24% |
| D&A For EBITDA | 200.00M | 195.00M | 144.00M | 98.00M | 94.00M | 88.00M |
| EBIT | 637.00M | 648.00M | 602.00M | 580.00M | 685.00M | 569.00M |
| EBIT Margin | 8.33% | 8.67% | 8.90% | 9.29% | 10.75% | 9.73% |
| Effective Tax Rate | 12.32% | 47.51% | 32.91% | 32.30% | 31.45% | |
| Advertising Expenses | 44.00M | 41.00M | 37.00M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 549.00M | 661.00M | 692.00M | 636.00M | 326.00M | 775.00M |
| Trading Asset Securities | 2.00M | 2.00M | 10.00M | 20.00M | 23.00M | |
| Cash & Short-Term Investments | 551.00M | 663.00M | 702.00M | 656.00M | 349.00M | 775.00M |
| Accounts Receivable | 1.21B | 1.07B | 1.02B | 973.00M | 1.00B | 876.00M |
| Receivables | 1.21B | 1.07B | 1.02B | 973.00M | 1.00B | 876.00M |
| Inventory | 1.39B | 1.35B | 1.24B | 941.00M | 975.00M | 740.00M |
| Other Current Assets | 268.00M | 268.00M | 210.00M | 173.00M | 176.00M | 150.00M |
| Total Current Assets | 3.83B | 3.36B | 3.17B | 2.74B | 2.50B | 2.54B |
| Property, Plant & Equipment | 753.00M | 774.00M | 658.00M | 582.00M | 557.00M | 428.00M |
| Long-Term Investments | 1.00M | 3.00M | 10.00M | 22.00M | 7.00M | |
| Goodwill | 3.09B | 3.10B | 3.07B | 2.71B | 2.72B | 2.66B |
| Other Intangible Assets | 1.05B | 1.09B | 1.18B | 461.00M | 475.00M | 120.00M |
| Other Long-Term Assets | 66.00M | 109.00M | 118.00M | 144.00M | 107.00M | 96.00M |
| Total Assets | 8.78B | 8.43B | 8.20B | 6.64B | 6.39B | 5.85B |
| Accounts Payable | 1.12B | 1.13B | 1.07B | 905.00M | 894.00M | 883.00M |
| Accrued Expenses | 496.00M | 528.00M | 489.00M | 337.00M | 358.00M | 353.00M |
| Current Portion of Long-Term Debt | 18.00M | 18.00M | 6.00M | 12.00M | 12.00M | 10.00M |
| Current Portion of Leases | 59.00M | 57.00M | 51.00M | 39.00M | 37.00M | 32.00M |
| Current Income Taxes Payable | 34.00M | 38.00M | 54.00M | |||
| Current Unearned Revenue | 4.00M | |||||
| Other Current Liabilities | 32.00M | 21.00M | 171.00M | 194.00M | 207.00M | 162.00M |
| Total Current Liabilities | 1.72B | 1.75B | 1.79B | 1.52B | 1.55B | 1.49B |
| Long-Term Debt | 3.56B | 3.17B | 1.98B | 1.40B | 1.40B | 1.22B |
| Long-Term Leases | 268.00M | 289.00M | 212.00M | 166.00M | 166.00M | 120.00M |
| Pension & Post-Retirement Benefits | 92.00M | 100.00M | 117.00M | 86.00M | 114.00M | |
| Other Long-Term Liabilities | 226.00M | 213.00M | 805.00M | 692.00M | 656.00M | 653.00M |
| Total Liabilities | 5.78B | 5.52B | 4.89B | 3.90B | 3.86B | 3.60B |
| Additional Paid-In Capital | 2.42B | 2.39B | 2.31B | 2.23B | 2.18B | 2.12B |
| Retained Earnings | 463.00M | 345.00M | 907.00M | 810.00M | 600.00M | 317.00M |
| Treasury Stock | -177.00M | -144.00M | -111.00M | -93.00M | -35.00M | -21.00M |
| Comprehensive Income & Other | -186.00M | -157.00M | -284.00M | -194.00M | -212.00M | -165.00M |
| Total Common Equity | 2.52B | 2.44B | 2.83B | 2.75B | 2.53B | 2.25B |
| Shareholders' Equity | 3.01B | 2.92B | 3.31B | 2.75B | 2.53B | 2.25B |
| Total Liabilities & Equity | 8.78B | 8.43B | 8.20B | 6.64B | 6.39B | 5.85B |
| Total Debt | 3.90B | 3.53B | 2.25B | 1.61B | 1.62B | 1.38B |
| Net Cash (Debt) | -3.35B | -2.87B | -1.55B | -957.00M | -1.27B | -607.00M |
| Net Cash Per Share | -21.99 | -19.25 | -10.40 | -6.47 | -8.52 | -4.10 |
| Filing Date Shares Outstanding | 151.85M | 151.25M | 147.88M | 145.32M | 146.62M | 145.02M |
| Total Common Shares Outstanding | 151.51M | 149.87M | 147.23M | 145.39M | 146.22M | 144.81M |
| Working Capital | 2.10B | 1.60B | 1.38B | 1.22B | 956.00M | 1.05B |
| Book Value Per Share | 16.66 | 16.25 | 19.20 | 18.91 | 17.30 | 15.55 |
| Tangible Book Value | -1.61B | -1.76B | -1.42B | -417.00M | -670.00M | -529.00M |
| Tangible Book Value Per Share | -10.65 | -11.72 | -9.65 | -2.87 | -4.58 | -3.65 |
| Land | 11.00M | 9.00M | 10.00M | 9.00M | 4.00M | |
| Buildings | 376.00M | 339.00M | 314.00M | 303.00M | 292.00M | |
| Machinery | 705.00M | 618.00M | 659.00M | 647.00M | 602.00M | |
| Construction In Progress | 83.00M | 80.00M | 85.00M | 80.00M | 35.00M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 427.00M | -527.00M | 116.00M | 210.00M | 283.00M | 242.00M |
| Depreciation & Amortization | 200.00M | 195.00M | 144.00M | 98.00M | 94.00M | 88.00M |
| Asset Writedown & Restructuring Costs | 38.00M | 16.00M | 52.00M | 42.00M | 35.00M | |
| Stock-Based Compensation | 55.00M | 57.00M | 59.00M | 44.00M | 50.00M | 39.00M |
| Other Operating Activities | -1.00M | -36.00M | -24.00M | -42.00M | 3.00M | 50.00M |
| Change in Accounts Receivable | -93.00M | -29.00M | -18.00M | 19.00M | -72.00M | -30.00M |
| Change in Inventory | -141.00M | -92.00M | -71.00M | 32.00M | -122.00M | -73.00M |
| Change in Accounts Payable | 14.00M | 30.00M | 127.00M | 18.00M | -43.00M | -42.00M |
| Change in Other Net Operating Assets | -1.77B | -751.00M | 59.00M | 19.00M | -76.00M | 41.00M |
| Operating Cash Flow | -1.27B | -1.14B | 444.00M | 440.00M | 152.00M | 315.00M |
| Capital Expenditures | -130.00M | -116.00M | -80.00M | -105.00M | -85.00M | -63.00M |
| Cash Acquisitions | -1.34B | -16.00M | -665.00M | -11.00M | ||
| Divestitures | 77.00M | 77.00M | 86.00M | |||
| Other Investing Activities | 10.00M | 8.00M | -9.00M | -14.00M | 9.00M | |
| Investing Cash Flow | -43.00M | -39.00M | -1.41B | -44.00M | -764.00M | -65.00M |
| Long-Term Debt Issued | 1.20B | 1.18B | 200.00M | 1.25B | ||
| Total Debt Issued | 1.60B | 1.20B | 1.18B | 200.00M | 1.25B | |
| Long-Term Debt Repaid | -9.00M | -605.00M | -12.00M | -12.00M | -1.19B | |
| Total Debt Repaid | -16.00M | -9.00M | -605.00M | -12.00M | -12.00M | -1.19B |
| Net Debt Issued (Repaid) | 1.58B | 1.19B | 571.00M | -12.00M | 188.00M | 62.00M |
| Repurchase of Common Stock | -46.00M | -29.00M | -18.00M | -58.00M | ||
| Preferred Dividends Paid | -35.00M | -35.00M | -12.00M | |||
| Dividends Paid | -35.00M | -35.00M | -12.00M | |||
| Other Financing Activities | 2.00M | 3.00M | 8.00M | 6.00M | -18.00M | -42.00M |
| Financing Cash Flow | 1.50B | 1.13B | 1.03B | -64.00M | 170.00M | 20.00M |
| Foreign Exchange Rate Adjustments | 4.00M | 17.00M | -10.00M | -24.00M | -8.00M | -8.00M |
| Net Cash Flow | 195.00M | -31.00M | 56.00M | 308.00M | -450.00M | 262.00M |
| Free Cash Flow | -1.40B | -1.25B | 364.00M | 335.00M | 67.00M | 252.00M |
| Free Cash Flow Margin | -18.28% | -16.77% | 5.38% | 5.37% | 1.05% | 4.31% |
| Free Cash Flow Per Share | -9.17 | -8.41 | 2.44 | 2.26 | 0.45 | 1.70 |
| Levered Free Cash Flow | -1.90B | 178.62M | 324.62M | 401.88M | 111.38M | 286.25M |
| Unlevered Free Cash Flow | -1.79B | 263.00M | 375.25M | 442.50M | 145.12M | 315.62M |
| Cash Interest Paid | 175.00M | 136.00M | 78.00M | 80.00M | 54.00M | 39.00M |
| Cash Income Tax Paid | 57.00M | 93.00M | 162.00M | 123.00M | 159.00M | 107.00M |
| Change in Working Capital | -1.99B | -842.00M | 97.00M | 88.00M | -313.00M | -104.00M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.95B | 5.26B | 3.39B | 2.75B | 2.40B | 3.76B |
| Enterprise Value | 6.30B | 8.94B | 5.56B | 3.98B | 3.75B | 4.45B |
| Last Close Price | 18.73 | 24.43 | 16.03 | 13.09 | 11.44 | 18.11 |
| PE Ratio | 7.79 | 37.23 | 13.09 | 8.48 | 15.53 | |
| Forward PE | 12.23 | 33.93 | 10.03 | 11.28 | 8.90 | 14.88 |
| PS Ratio | 0.38 | 0.70 | 0.50 | 0.44 | 0.38 | 0.64 |
| PB Ratio | 1.12 | 1.80 | 1.02 | 1.00 | 0.95 | 1.67 |
| P/FCF Ratio | 9.31 | 8.21 | 35.81 | 14.91 | ||
| P/OCF Ratio | 7.63 | 6.25 | 15.78 | 11.93 | ||
| PEG Ratio | 0.85 | 0.85 | 0.85 | 0.85 | 1.49 | |
| EV/Sales Ratio | 0.82 | 1.20 | 0.82 | 0.64 | 0.59 | 0.76 |
| EV/EBITDA Ratio | 7.46 | 10.60 | 7.45 | 5.87 | 4.81 | 6.77 |
| EV/EBIT Ratio | 9.80 | 13.79 | 9.23 | 6.86 | 5.47 | 7.82 |
| EV/FCF Ratio | 15.27 | 11.87 | 55.91 | 17.66 | ||
| Debt / Equity Ratio | 1.30 | 1.21 | 0.68 | 0.59 | 0.64 | 0.61 |
| Debt / EBITDA Ratio | 4.13 | 3.74 | 2.71 | 2.14 | 1.91 | 1.92 |
| Debt / FCF Ratio | 6.19 | 4.82 | 24.16 | 5.48 | ||
| Net Debt / Equity Ratio | 1.12 | 0.98 | 0.47 | 0.35 | 0.50 | 0.27 |
| Net Debt / EBITDA Ratio | 4.01 | 3.40 | 2.08 | 1.41 | 1.63 | 0.92 |
| Net Debt / FCF Ratio | -2.40 | -2.29 | 4.26 | 2.86 | 18.95 | 2.41 |
| Asset Turnover | 0.89 | 0.90 | 0.91 | 0.96 | 1.04 | 1.02 |
| Inventory Turnover | 4.09 | 4.07 | 4.46 | 4.75 | 5.37 | 6.04 |
| Quick Ratio | 1.03 | 0.99 | 0.96 | 1.07 | 0.87 | 1.10 |
| Current Ratio | 2.22 | 1.91 | 1.77 | 1.80 | 1.62 | 1.70 |
| Return on Equity (ROE) | 15.20% | -16.93% | 3.83% | 7.96% | 11.84% | 11.40% |
| Return on Assets (ROA) | 4.60% | 4.87% | 5.07% | 5.56% | 7.00% | 6.21% |
| Return on Invested Capital (ROIC) | 9.04% | 12.18% | 7.38% | 10.37% | 13.93% | 13.84% |
| Return on Capital Employed (ROCE) | 9.00% | 9.70% | 9.40% | 11.30% | 14.10% | 13.10% |
| Earnings Yield | 12.84% | -10.02% | 3.42% | 7.64% | 11.80% | 6.44% |
| FCF Yield | -48.41% | -23.83% | 10.75% | 12.19% | 2.79% | 6.71% |
| Payout Ratio | 10.35% | |||||
| Buyback Yield / Dilution | -3.56% | -2.05% | -0.68% | 0.67% | -0.68% | -17.46% |