Resideo Technologies, Inc. (REZI) 10-Year Financial Performance & Capital Metrics

REZI • • Industrial / General

IndustrialsSecurity ServicesElectronic Security & MonitoringResidential & Commercial Monitoring

AboutResideo Technologies, Inc. develops, manufactures, and sells comfort, residential thermal, and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products & Solutions, and ADI Global Distribution. It offers temperature and humidity control, thermal water, and air solutions; and security panels, sensors, peripherals, wires and cables, communication devices, video cameras, awareness solutions, cloud infrastructure, installation and maintenance tools, and related software products under the Honeywell Home brand. In addition, the company distributes security products comprising video, intrusion, and access control products; and smart home, fire, power, audio, ProAV, networking, communication, wire and cable, enterprise connectivity, and structured wiring products to contractors that service non-residential and residential end-users. It sells its products through a network of distributors, original equipment manufacturers, and service providers, as well as retail and online channels. Resideo Technologies, Inc. was incorporated in 2018 and is headquartered in Scottsdale, Arizona.Show more

Revenue $6.76B +8.3%
EBITDA $664M +2.9%
Net Income $116M -44.8%
EPS (Diluted) 0.61 -57.0%
Gross Margin 28.12% +3.5%
EBITDA Margin 9.82% -5.0%
Operating Margin 7.69% -12.2%
Net Margin 1.72% -49.0%
ROE 3.83% -51.9%
ROIC 9.5% -16.5%
Debt/Equity 0.61 +16.8%
Interest Coverage 6.42 -23.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y profit CAGR of 26.4%
✓Momentum leader: RS Rating 87 (top 13%)
✓High quality earnings: Operating CF exceeds net income

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y6.27%

3Y4.97%

TTM15.45%

Profit (Net Income) CAGR

10Y-

5Y26.37%

3Y-21.74%

TTM-465.71%

EPS CAGR

10Y-

5Y16.03%

3Y-27.94%

TTM-520.18%

ROCE

10Y Avg11.71%

5Y Avg10.92%

3Y Avg11.1%

Latest9.02%

Peer Comparison

Residential & Commercial Monitoring

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
REZIResideo Technologies, Inc.	5.67B	37.87	62.08	8.31%	-8.61%	-23.1%	6.42%	0.61
ADTADT Inc.	6.31B	8.25	15.87	5.28%	12.53%	17.51%	27.27%	2.05

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	4.46B	4.52B	4.83B	4.99B	5.07B	5.85B	6.37B	6.24B	6.76B
Revenue Growth %	-	0.01%	0.07%	0.03%	0.02%	0.15%	0.09%	-0.02%	0.08%
Cost of Goods Sold+	3.09B	3.2B	3.4B	3.71B	3.76B	4.26B	4.6B	4.55B	4.86B
COGS % of Revenue	0.69%	0.71%	0.7%	0.74%	0.74%	0.73%	0.72%	0.73%	0.72%
Gross Profit+	1.36B	1.32B	1.43B	1.28B	1.31B	1.58B	1.77B	1.7B	1.9B
Gross Margin %	0.31%	0.29%	0.3%	0.26%	0.26%	0.27%	0.28%	0.27%	0.28%
Gross Profit Growth %	-	-0.04%	0.08%	-0.1%	0.03%	0.21%	0.11%	-0.04%	0.12%
Operating Expenses+	1.36B	871M	932M	1.02B	1B	1.02B	1.16B	1.15B	1.38B
OpEx % of Revenue	0.31%	0.19%	0.19%	0.2%	0.2%	0.18%	0.18%	0.18%	0.2%
Selling, General & Admin	870M	871M	932M	932M	925M	909M	974M	960M	1.14B
SG&A % of Revenue	0.2%	0.19%	0.19%	0.19%	0.18%	0.16%	0.15%	0.15%	0.17%
Research & Development	0	0	0	87M	77M	86M	111M	109M	111M
R&D % of Revenue	-	-	-	0.02%	0.02%	0.01%	0.02%	0.02%	0.02%
Other Operating Expenses	495M	0	0	0	0	30M	70M	80M	132M
Operating Income+	495M	445M	493M	258M	311M	559M	611M	547M	520M
Operating Margin %	0.11%	0.1%	0.1%	0.05%	0.06%	0.1%	0.1%	0.09%	0.08%
Operating Income Growth %	-	-0.1%	0.11%	-0.48%	0.21%	0.8%	0.09%	-0.1%	-0.05%
EBITDA+	559M	512M	559M	338M	397M	647M	705M	645M	664M
EBITDA Margin %	0.13%	0.11%	0.12%	0.07%	0.08%	0.11%	0.11%	0.1%	0.1%
EBITDA Growth %	-	-0.08%	0.09%	-0.4%	0.17%	0.63%	0.09%	-0.09%	0.03%
D&A (Non-Cash Add-back)	64M	67M	66M	80M	86M	88M	94M	98M	144M
EBIT	495M	166M	124M	140M	164M	400M	472M	378M	302M
Net Interest Income+	-3M	0	-20M	-69M	-63M	-47M	-54M	-65M	-81M
Interest Income	0	0	0	0	0	0	0	0	0
Interest Expense	3M	0	20M	69M	63M	47M	54M	65M	81M
Other Income/Expense	-185M	-279M	-389M	-187M	-210M	-206M	-193M	-234M	-299M
Pretax Income+	310M	166M	104M	71M	101M	353M	418M	313M	221M
Pretax Margin %	0.07%	0.04%	0.02%	0.01%	0.02%	0.06%	0.07%	0.05%	0.03%
Income Tax+	133M	560M	-301M	35M	64M	111M	135M	103M	105M
Effective Tax Rate %	0.57%	-2.37%	3.89%	0.51%	0.37%	0.69%	0.68%	0.67%	0.52%
Net Income+	177M	-394M	405M	36M	37M	242M	283M	210M	116M
Net Margin %	0.04%	-0.09%	0.08%	0.01%	0.01%	0.04%	0.04%	0.03%	0.02%
Net Income Growth %	-	-3.23%	2.03%	-0.91%	0.03%	5.54%	0.17%	-0.26%	-0.45%
Net Income (Continuing)	177M	-394M	405M	36M	37M	242M	283M	210M	116M
Discontinued Operations	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	1.43	-3.19	3.30	0.29	0.29	1.63	1.90	1.42	0.61
EPS Growth %	-	-3.23%	2.03%	-0.91%	0%	4.62%	0.17%	-0.25%	-0.57%
EPS (Basic)	1.43	-3.22	3.31	0.29	0.30	1.68	1.94	1.43	0.62
Diluted Shares Outstanding	123.45M	123.45M	122.62M	123.24M	126.32M	148.45M	149M	148M	149M
Basic Shares Outstanding	122.92M	122.36M	122.5M	122.72M	125.35M	144.04M	146M	147M	146M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	0.1%

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.27B	1.39B	1.81B	1.78B	2.23B	2.54B	2.5B	2.74B	3.17B
Cash & Short-Term Investments	47M	56M	265M	122M	517M	775M	326M	636M	692M
Cash Only	47M	56M	265M	122M	517M	775M	326M	636M	692M
Short-Term Investments	0	0	0	0	0	0	0	0	0
Accounts Receivable	740M	802M	821M	817M	863M	876M	1B	973M	1.02B
Days Sales Outstanding	60.63	64.78	62.08	59.78	62.12	54.69	57.41	56.9	55.23
Inventory	435M	465M	628M	671M	672M	740M	975M	941M	1.24B
Days Inventory Outstanding	51.38	52.99	67.38	66	65.27	63.37	77.3	75.55	92.9
Other Current Assets	50M	69M	95M	175M	173M	150M	199M	193M	220M
Total Non-Current Assets+	3.02B	3.08B	3.16B	3.34B	3.38B	3.31B	3.88B	3.9B	5.03B
Property, Plant & Equipment	261M	265M	300M	316M	318M	287M	366M	582M	410M
Fixed Asset Turnover	17.07x	17.05x	16.09x	15.78x	15.95x	20.37x	17.40x	10.73x	16.49x
Goodwill	2.59B	2.65B	2.63B	2.64B	2.69B	2.66B	2.72B	2.71B	3.07B
Intangible Assets	139M	140M	133M	127M	135M	120M	475M	461M	1.18B
Long-Term Investments	0	0	0	0	0	0	22M	10M	0
Other Non-Current Assets	22M	23M	12M	258M	241M	244M	320M	144M	369M
Total Assets+	4.29B	4.47B	4.97B	5.13B	5.61B	5.85B	6.39B	6.64B	8.2B
Asset Turnover	1.04x	1.01x	0.97x	0.97x	0.90x	1.00x	1.00x	0.94x	0.82x
Asset Growth %	-	0.04%	0.11%	0.03%	0.09%	0.04%	0.09%	0.04%	0.23%
Total Current Liabilities+	1.08B	1.15B	1.49B	1.49B	1.54B	1.49B	1.55B	1.52B	1.79B
Accounts Payable	641M	678M	964M	920M	936M	883M	894M	905M	1.07B
Days Payables Outstanding	75.72	77.26	103.43	90.49	90.91	75.62	70.88	72.66	80.59
Short-Term Debt	0	0	22M	22M	7M	10M	12M	12M	0
Deferred Revenue (Current)	1000K	1000K	0	0	0	0	0	0	1000K
Other Current Liabilities	363M	400M	132M	144M	196M	208M	245M	228M	243M
Current Ratio	1.18x	1.21x	1.21x	1.19x	1.45x	1.70x	1.62x	1.80x	1.77x
Quick Ratio	0.77x	0.81x	0.79x	0.75x	1.01x	1.21x	0.99x	1.18x	1.08x
Cash Conversion Cycle	36.3	40.51	26.03	35.29	36.48	42.45	63.84	59.79	67.54
Total Non-Current Liabilities+	338M	723M	1.95B	2.03B	2.08B	2.11B	2.31B	2.37B	3.1B
Long-Term Debt	0	0	1.18B	1.16B	1.16B	1.22B	1.4B	1.4B	1.98B
Capital Lease Obligations	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	70M	377M	25M	0	0	0	0	0	0
Other Non-Current Liabilities	266M	343M	746M	874M	924M	887M	908M	975M	1.12B
Total Liabilities	1.42B	1.87B	3.44B	3.53B	3.62B	3.6B	3.86B	3.9B	4.89B
Total Debt+	0	0	1.2B	1.18B	1.16B	1.26B	1.45B	1.45B	2.03B
Net Debt	-47M	-56M	936M	1.06B	645M	487M	1.13B	811M	1.34B
Debt / Equity	-	-	0.78x	0.74x	0.58x	0.56x	0.57x	0.53x	0.61x
Debt / EBITDA	-	-	2.15x	3.49x	2.93x	1.95x	2.06x	2.24x	3.06x
Net Debt / EBITDA	-0.08x	-0.11x	1.67x	3.13x	1.62x	0.75x	1.60x	1.26x	2.02x
Interest Coverage	165.00x	-	24.65x	3.74x	4.94x	11.89x	11.31x	8.42x	6.42x
Total Equity+	2.87B	2.6B	1.53B	1.6B	1.99B	2.25B	2.53B	2.75B	3.31B
Equity Growth %	-	-0.09%	-0.41%	0.05%	0.24%	0.13%	0.12%	0.09%	0.2%
Book Value per Share	23.28	21.09	12.50	13.00	15.78	15.17	16.97	18.57	22.21
Total Shareholders' Equity	2.87B	2.6B	1.53B	1.6B	1.99B	2.25B	2.53B	2.75B	3.31B
Common Stock	3.04B	2.7B	0	0	0	0	0	0	0
Retained Earnings	0	0	2M	38M	75M	317M	600M	810M	907M
Treasury Stock	0	0	0	-3M	-6M	-21M	-35M	-93M	-111M
Accumulated OCI	-169M	-100M	-189M	-194M	-146M	-165M	-212M	-194M	-284M
Minority Interest	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	151M	37M	462M	23M	244M	315M	152M	440M	444M
Operating CF Margin %	0.03%	0.01%	0.1%	0%	0.05%	0.05%	0.02%	0.07%	0.07%
Operating CF Growth %	-	-0.75%	11.49%	-0.95%	9.61%	0.29%	-0.52%	1.89%	0.01%
Net Income	177M	-394M	405M	36M	37M	242M	283M	210M	116M
Depreciation & Amortization	64M	67M	66M	80M	87M	88M	94M	98M	144M
Stock-Based Compensation	13M	16M	20M	25M	29M	39M	50M	44M	59M
Deferred Taxes	-4M	297M	-323M	-25M	22M	6M	-3M	-28M	-31M
Other Non-Cash Items	21M	25M	18M	24M	21M	44M	41M	28M	59M
Working Capital Changes	-120M	26M	276M	-117M	49M	-104M	-313M	88M	97M
Change in Receivables	-106M	-31M	-62M	7M	-27M	-30M	-72M	19M	-18M
Change in Inventory	-49M	-17M	-172M	-44M	19M	-73M	-122M	32M	-71M
Change in Payables	61M	11M	231M	-38M	-1M	-42M	-43M	18M	127M
Cash from Investing+	-191M	-51M	-74M	-112M	-103M	-65M	-764M	-44M	-1.41B
Capital Expenditures	-71M	-49M	-81M	-95M	-70M	-63M	-85M	-105M	-80M
CapEx % of Revenue	0.02%	0.01%	0.02%	0.02%	0.01%	0.01%	0.01%	0.02%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-
Other Investing	0	-2M	7M	0	2M	9M	-14M	-9M	8M
Cash from Financing+	4M	21M	-167M	-53M	253M	20M	170M	-64M	1.03B
Debt Issued (Net)	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	-12M
Share Repurchases	-	-	-	-	-	-	-	-	-
Other Financing	3M	2M	-1.4B	-31M	-4M	-3M	-14M	-11M	-9M
Net Change in Cash	-	-	-	-	-	-	-	-	-
Free Cash Flow+	80M	-12M	381M	-72M	174M	252M	67M	335M	364M
FCF Margin %	0.02%	-0%	0.08%	-0.01%	0.03%	0.04%	0.01%	0.05%	0.05%
FCF Growth %	-	-1.15%	32.75%	-1.19%	3.42%	0.45%	-0.73%	4%	0.09%
FCF per Share	0.65	-0.10	3.11	-0.58	1.38	1.70	0.45	2.26	2.44
FCF Conversion (FCF/Net Income)	0.85x	-0.09x	1.14x	0.64x	6.59x	1.30x	0.54x	2.10x	3.83x
Interest Paid	0	0	0	72M	57M	39M	54M	80M	78M
Taxes Paid	136M	261M	28M	86M	32M	107M	159M	123M	162M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	6.16%	-14.39%	19.58%	2.3%	2.06%	11.4%	11.84%	7.96%	3.83%
Return on Invested Capital (ROIC)	13.13%	12.42%	14.74%	7.55%	8.81%	15.59%	14.33%	11.37%	9.5%
Gross Margin	30.64%	29.12%	29.52%	25.6%	25.89%	27.1%	27.72%	27.17%	28.12%
Net Margin	3.97%	-8.72%	8.39%	0.72%	0.73%	4.14%	4.44%	3.36%	1.72%
Debt / Equity	-	-	0.78x	0.74x	0.58x	0.56x	0.57x	0.53x	0.61x
Interest Coverage	165.00x	-	24.65x	3.74x	4.94x	11.89x	11.31x	8.42x	6.42x
FCF Conversion	0.85x	-0.09x	1.14x	0.64x	6.59x	1.30x	0.54x	2.10x	3.83x
Revenue Growth	-	1.44%	6.82%	3.34%	1.66%	15.28%	8.96%	-2.01%	8.31%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Products And Solutions	2.47B	2.49B	2.49B	2.84B	2.78B	2.67B	2.56B
Products And Solutions Growth	-	0.53%	0.04%	14.19%	-2.04%	-3.99%	-4.04%
A D I Global Distribution	-	2.81B	2.95B	3.38B	-	-	-
A D I Global Distribution Growth	-	-	4.87%	14.51%	-	-	-
Global Distribution	2.66B	-	-	-	-	-	-
Global Distribution Growth	-	-	-	-	-	-	-

Revenue by Geography

	2018	2019	2020	2021	2022	2023	2024
United States	3.29B	3.42B	3.54B	4.18B	4.79B	4.72B	5.23B
United States Growth	-	4.07%	3.51%	18.01%	14.69%	-1.56%	10.85%
Europe	1.14B	1.12B	1.12B	1.2B	1.11B	1.06B	1.05B
Europe Growth	-	-1.85%	0.36%	6.69%	-7.11%	-4.14%	-1.78%
Other International	400M	448M	407M	469M	464M	457M	483M
Other International Growth	-	12.00%	-9.15%	15.23%	-1.07%	-1.51%	5.69%

Frequently Asked Questions

Valuation & Price

Resideo Technologies, Inc. (REZI) has a price-to-earnings (P/E) ratio of 62.1x. This suggests investors expect higher future growth.

Growth & Financials

Resideo Technologies, Inc. (REZI) reported $7.43B in revenue for fiscal year 2024. This represents a 67% increase from $4.46B in 2016.

Resideo Technologies, Inc. (REZI) grew revenue by 8.3% over the past year. This is steady growth.

Resideo Technologies, Inc. (REZI) reported a net loss of $640.0M for fiscal year 2024.

Dividend & Returns

Yes, Resideo Technologies, Inc. (REZI) pays a dividend with a yield of 0.21%. This makes it attractive for income-focused investors.

Resideo Technologies, Inc. (REZI) has a return on equity (ROE) of 3.8%. This is below average, suggesting room for improvement.

Resideo Technologies, Inc. (REZI) had negative free cash flow of $1.33B in fiscal year 2024, likely due to heavy capital investments.

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Resideo Technologies, Inc. (REZI) 10-Year Financial Performance & Capital Metrics

REZI • • Industrial / General

IndustrialsSecurity ServicesElectronic Security & MonitoringResidential & Commercial Monitoring

Revenue $6.76B +8.3%
EBITDA $664M +2.9%
Net Income $116M -44.8%
EPS (Diluted) 0.61 -57.0%
Gross Margin 28.12% +3.5%
EBITDA Margin 9.82% -5.0%
Operating Margin 7.69% -12.2%
Net Margin 1.72% -49.0%
ROE 3.83% -51.9%
ROIC 9.5% -16.5%
Debt/Equity 0.61 +16.8%
Interest Coverage 6.42 -23.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y profit CAGR of 26.4%
✓Momentum leader: RS Rating 87 (top 13%)
✓High quality earnings: Operating CF exceeds net income

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y6.27%

3Y4.97%

TTM15.45%

Profit (Net Income) CAGR

10Y-

5Y26.37%

3Y-21.74%

TTM-465.71%

EPS CAGR

10Y-

5Y16.03%

3Y-27.94%

TTM-520.18%

ROCE

10Y Avg11.71%

5Y Avg10.92%

3Y Avg11.1%

Latest9.02%

Peer Comparison

Residential & Commercial Monitoring

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
REZIResideo Technologies, Inc.	5.67B	37.87	62.08	8.31%	-8.61%	-23.1%	6.42%	0.61
ADTADT Inc.	6.31B	8.25	15.87	5.28%	12.53%	17.51%	27.27%	2.05

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	4.46B	4.52B	4.83B	4.99B	5.07B	5.85B	6.37B	6.24B	6.76B
Revenue Growth %	-	0.01%	0.07%	0.03%	0.02%	0.15%	0.09%	-0.02%	0.08%
Cost of Goods Sold+	3.09B	3.2B	3.4B	3.71B	3.76B	4.26B	4.6B	4.55B	4.86B
COGS % of Revenue	0.69%	0.71%	0.7%	0.74%	0.74%	0.73%	0.72%	0.73%	0.72%
Gross Profit+	1.36B	1.32B	1.43B	1.28B	1.31B	1.58B	1.77B	1.7B	1.9B
Gross Margin %	0.31%	0.29%	0.3%	0.26%	0.26%	0.27%	0.28%	0.27%	0.28%
Gross Profit Growth %	-	-0.04%	0.08%	-0.1%	0.03%	0.21%	0.11%	-0.04%	0.12%
Operating Expenses+	1.36B	871M	932M	1.02B	1B	1.02B	1.16B	1.15B	1.38B
OpEx % of Revenue	0.31%	0.19%	0.19%	0.2%	0.2%	0.18%	0.18%	0.18%	0.2%
Selling, General & Admin	870M	871M	932M	932M	925M	909M	974M	960M	1.14B
SG&A % of Revenue	0.2%	0.19%	0.19%	0.19%	0.18%	0.16%	0.15%	0.15%	0.17%
Research & Development	0	0	0	87M	77M	86M	111M	109M	111M
R&D % of Revenue	-	-	-	0.02%	0.02%	0.01%	0.02%	0.02%	0.02%
Other Operating Expenses	495M	0	0	0	0	30M	70M	80M	132M
Operating Income+	495M	445M	493M	258M	311M	559M	611M	547M	520M
Operating Margin %	0.11%	0.1%	0.1%	0.05%	0.06%	0.1%	0.1%	0.09%	0.08%
Operating Income Growth %	-	-0.1%	0.11%	-0.48%	0.21%	0.8%	0.09%	-0.1%	-0.05%
EBITDA+	559M	512M	559M	338M	397M	647M	705M	645M	664M
EBITDA Margin %	0.13%	0.11%	0.12%	0.07%	0.08%	0.11%	0.11%	0.1%	0.1%
EBITDA Growth %	-	-0.08%	0.09%	-0.4%	0.17%	0.63%	0.09%	-0.09%	0.03%
D&A (Non-Cash Add-back)	64M	67M	66M	80M	86M	88M	94M	98M	144M
EBIT	495M	166M	124M	140M	164M	400M	472M	378M	302M
Net Interest Income+	-3M	0	-20M	-69M	-63M	-47M	-54M	-65M	-81M
Interest Income	0	0	0	0	0	0	0	0	0
Interest Expense	3M	0	20M	69M	63M	47M	54M	65M	81M
Other Income/Expense	-185M	-279M	-389M	-187M	-210M	-206M	-193M	-234M	-299M
Pretax Income+	310M	166M	104M	71M	101M	353M	418M	313M	221M
Pretax Margin %	0.07%	0.04%	0.02%	0.01%	0.02%	0.06%	0.07%	0.05%	0.03%
Income Tax+	133M	560M	-301M	35M	64M	111M	135M	103M	105M
Effective Tax Rate %	0.57%	-2.37%	3.89%	0.51%	0.37%	0.69%	0.68%	0.67%	0.52%
Net Income+	177M	-394M	405M	36M	37M	242M	283M	210M	116M
Net Margin %	0.04%	-0.09%	0.08%	0.01%	0.01%	0.04%	0.04%	0.03%	0.02%
Net Income Growth %	-	-3.23%	2.03%	-0.91%	0.03%	5.54%	0.17%	-0.26%	-0.45%
Net Income (Continuing)	177M	-394M	405M	36M	37M	242M	283M	210M	116M
Discontinued Operations	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	1.43	-3.19	3.30	0.29	0.29	1.63	1.90	1.42	0.61
EPS Growth %	-	-3.23%	2.03%	-0.91%	0%	4.62%	0.17%	-0.25%	-0.57%
EPS (Basic)	1.43	-3.22	3.31	0.29	0.30	1.68	1.94	1.43	0.62
Diluted Shares Outstanding	123.45M	123.45M	122.62M	123.24M	126.32M	148.45M	149M	148M	149M
Basic Shares Outstanding	122.92M	122.36M	122.5M	122.72M	125.35M	144.04M	146M	147M	146M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	0.1%

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.27B	1.39B	1.81B	1.78B	2.23B	2.54B	2.5B	2.74B	3.17B
Cash & Short-Term Investments	47M	56M	265M	122M	517M	775M	326M	636M	692M
Cash Only	47M	56M	265M	122M	517M	775M	326M	636M	692M
Short-Term Investments	0	0	0	0	0	0	0	0	0
Accounts Receivable	740M	802M	821M	817M	863M	876M	1B	973M	1.02B
Days Sales Outstanding	60.63	64.78	62.08	59.78	62.12	54.69	57.41	56.9	55.23
Inventory	435M	465M	628M	671M	672M	740M	975M	941M	1.24B
Days Inventory Outstanding	51.38	52.99	67.38	66	65.27	63.37	77.3	75.55	92.9
Other Current Assets	50M	69M	95M	175M	173M	150M	199M	193M	220M
Total Non-Current Assets+	3.02B	3.08B	3.16B	3.34B	3.38B	3.31B	3.88B	3.9B	5.03B
Property, Plant & Equipment	261M	265M	300M	316M	318M	287M	366M	582M	410M
Fixed Asset Turnover	17.07x	17.05x	16.09x	15.78x	15.95x	20.37x	17.40x	10.73x	16.49x
Goodwill	2.59B	2.65B	2.63B	2.64B	2.69B	2.66B	2.72B	2.71B	3.07B
Intangible Assets	139M	140M	133M	127M	135M	120M	475M	461M	1.18B
Long-Term Investments	0	0	0	0	0	0	22M	10M	0
Other Non-Current Assets	22M	23M	12M	258M	241M	244M	320M	144M	369M
Total Assets+	4.29B	4.47B	4.97B	5.13B	5.61B	5.85B	6.39B	6.64B	8.2B
Asset Turnover	1.04x	1.01x	0.97x	0.97x	0.90x	1.00x	1.00x	0.94x	0.82x
Asset Growth %	-	0.04%	0.11%	0.03%	0.09%	0.04%	0.09%	0.04%	0.23%
Total Current Liabilities+	1.08B	1.15B	1.49B	1.49B	1.54B	1.49B	1.55B	1.52B	1.79B
Accounts Payable	641M	678M	964M	920M	936M	883M	894M	905M	1.07B
Days Payables Outstanding	75.72	77.26	103.43	90.49	90.91	75.62	70.88	72.66	80.59
Short-Term Debt	0	0	22M	22M	7M	10M	12M	12M	0
Deferred Revenue (Current)	1000K	1000K	0	0	0	0	0	0	1000K
Other Current Liabilities	363M	400M	132M	144M	196M	208M	245M	228M	243M
Current Ratio	1.18x	1.21x	1.21x	1.19x	1.45x	1.70x	1.62x	1.80x	1.77x
Quick Ratio	0.77x	0.81x	0.79x	0.75x	1.01x	1.21x	0.99x	1.18x	1.08x
Cash Conversion Cycle	36.3	40.51	26.03	35.29	36.48	42.45	63.84	59.79	67.54
Total Non-Current Liabilities+	338M	723M	1.95B	2.03B	2.08B	2.11B	2.31B	2.37B	3.1B
Long-Term Debt	0	0	1.18B	1.16B	1.16B	1.22B	1.4B	1.4B	1.98B
Capital Lease Obligations	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	70M	377M	25M	0	0	0	0	0	0
Other Non-Current Liabilities	266M	343M	746M	874M	924M	887M	908M	975M	1.12B
Total Liabilities	1.42B	1.87B	3.44B	3.53B	3.62B	3.6B	3.86B	3.9B	4.89B
Total Debt+	0	0	1.2B	1.18B	1.16B	1.26B	1.45B	1.45B	2.03B
Net Debt	-47M	-56M	936M	1.06B	645M	487M	1.13B	811M	1.34B
Debt / Equity	-	-	0.78x	0.74x	0.58x	0.56x	0.57x	0.53x	0.61x
Debt / EBITDA	-	-	2.15x	3.49x	2.93x	1.95x	2.06x	2.24x	3.06x
Net Debt / EBITDA	-0.08x	-0.11x	1.67x	3.13x	1.62x	0.75x	1.60x	1.26x	2.02x
Interest Coverage	165.00x	-	24.65x	3.74x	4.94x	11.89x	11.31x	8.42x	6.42x
Total Equity+	2.87B	2.6B	1.53B	1.6B	1.99B	2.25B	2.53B	2.75B	3.31B
Equity Growth %	-	-0.09%	-0.41%	0.05%	0.24%	0.13%	0.12%	0.09%	0.2%
Book Value per Share	23.28	21.09	12.50	13.00	15.78	15.17	16.97	18.57	22.21
Total Shareholders' Equity	2.87B	2.6B	1.53B	1.6B	1.99B	2.25B	2.53B	2.75B	3.31B
Common Stock	3.04B	2.7B	0	0	0	0	0	0	0
Retained Earnings	0	0	2M	38M	75M	317M	600M	810M	907M
Treasury Stock	0	0	0	-3M	-6M	-21M	-35M	-93M	-111M
Accumulated OCI	-169M	-100M	-189M	-194M	-146M	-165M	-212M	-194M	-284M
Minority Interest	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	151M	37M	462M	23M	244M	315M	152M	440M	444M
Operating CF Margin %	0.03%	0.01%	0.1%	0%	0.05%	0.05%	0.02%	0.07%	0.07%
Operating CF Growth %	-	-0.75%	11.49%	-0.95%	9.61%	0.29%	-0.52%	1.89%	0.01%
Net Income	177M	-394M	405M	36M	37M	242M	283M	210M	116M
Depreciation & Amortization	64M	67M	66M	80M	87M	88M	94M	98M	144M
Stock-Based Compensation	13M	16M	20M	25M	29M	39M	50M	44M	59M
Deferred Taxes	-4M	297M	-323M	-25M	22M	6M	-3M	-28M	-31M
Other Non-Cash Items	21M	25M	18M	24M	21M	44M	41M	28M	59M
Working Capital Changes	-120M	26M	276M	-117M	49M	-104M	-313M	88M	97M
Change in Receivables	-106M	-31M	-62M	7M	-27M	-30M	-72M	19M	-18M
Change in Inventory	-49M	-17M	-172M	-44M	19M	-73M	-122M	32M	-71M
Change in Payables	61M	11M	231M	-38M	-1M	-42M	-43M	18M	127M
Cash from Investing+	-191M	-51M	-74M	-112M	-103M	-65M	-764M	-44M	-1.41B
Capital Expenditures	-71M	-49M	-81M	-95M	-70M	-63M	-85M	-105M	-80M
CapEx % of Revenue	0.02%	0.01%	0.02%	0.02%	0.01%	0.01%	0.01%	0.02%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-
Other Investing	0	-2M	7M	0	2M	9M	-14M	-9M	8M
Cash from Financing+	4M	21M	-167M	-53M	253M	20M	170M	-64M	1.03B
Debt Issued (Net)	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	-12M
Share Repurchases	-	-	-	-	-	-	-	-	-
Other Financing	3M	2M	-1.4B	-31M	-4M	-3M	-14M	-11M	-9M
Net Change in Cash	-	-	-	-	-	-	-	-	-
Free Cash Flow+	80M	-12M	381M	-72M	174M	252M	67M	335M	364M
FCF Margin %	0.02%	-0%	0.08%	-0.01%	0.03%	0.04%	0.01%	0.05%	0.05%
FCF Growth %	-	-1.15%	32.75%	-1.19%	3.42%	0.45%	-0.73%	4%	0.09%
FCF per Share	0.65	-0.10	3.11	-0.58	1.38	1.70	0.45	2.26	2.44
FCF Conversion (FCF/Net Income)	0.85x	-0.09x	1.14x	0.64x	6.59x	1.30x	0.54x	2.10x	3.83x
Interest Paid	0	0	0	72M	57M	39M	54M	80M	78M
Taxes Paid	136M	261M	28M	86M	32M	107M	159M	123M	162M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	6.16%	-14.39%	19.58%	2.3%	2.06%	11.4%	11.84%	7.96%	3.83%
Return on Invested Capital (ROIC)	13.13%	12.42%	14.74%	7.55%	8.81%	15.59%	14.33%	11.37%	9.5%
Gross Margin	30.64%	29.12%	29.52%	25.6%	25.89%	27.1%	27.72%	27.17%	28.12%
Net Margin	3.97%	-8.72%	8.39%	0.72%	0.73%	4.14%	4.44%	3.36%	1.72%
Debt / Equity	-	-	0.78x	0.74x	0.58x	0.56x	0.57x	0.53x	0.61x
Interest Coverage	165.00x	-	24.65x	3.74x	4.94x	11.89x	11.31x	8.42x	6.42x
FCF Conversion	0.85x	-0.09x	1.14x	0.64x	6.59x	1.30x	0.54x	2.10x	3.83x
Revenue Growth	-	1.44%	6.82%	3.34%	1.66%	15.28%	8.96%	-2.01%	8.31%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Products And Solutions	2.47B	2.49B	2.49B	2.84B	2.78B	2.67B	2.56B
Products And Solutions Growth	-	0.53%	0.04%	14.19%	-2.04%	-3.99%	-4.04%
A D I Global Distribution	-	2.81B	2.95B	3.38B	-	-	-
A D I Global Distribution Growth	-	-	4.87%	14.51%	-	-	-
Global Distribution	2.66B	-	-	-	-	-	-
Global Distribution Growth	-	-	-	-	-	-	-

Revenue by Geography

	2018	2019	2020	2021	2022	2023	2024
United States	3.29B	3.42B	3.54B	4.18B	4.79B	4.72B	5.23B
United States Growth	-	4.07%	3.51%	18.01%	14.69%	-1.56%	10.85%
Europe	1.14B	1.12B	1.12B	1.2B	1.11B	1.06B	1.05B
Europe Growth	-	-1.85%	0.36%	6.69%	-7.11%	-4.14%	-1.78%
Other International	400M	448M	407M	469M	464M	457M	483M
Other International Growth	-	12.00%	-9.15%	15.23%	-1.07%	-1.51%	5.69%

Frequently Asked Questions

Valuation & Price

Resideo Technologies, Inc. (REZI) has a price-to-earnings (P/E) ratio of 62.1x. This suggests investors expect higher future growth.

Growth & Financials

Resideo Technologies, Inc. (REZI) reported $7.43B in revenue for fiscal year 2024. This represents a 67% increase from $4.46B in 2016.

Resideo Technologies, Inc. (REZI) grew revenue by 8.3% over the past year. This is steady growth.

Resideo Technologies, Inc. (REZI) reported a net loss of $640.0M for fiscal year 2024.

Dividend & Returns

Yes, Resideo Technologies, Inc. (REZI) pays a dividend with a yield of 0.21%. This makes it attractive for income-focused investors.

Resideo Technologies, Inc. (REZI) has a return on equity (ROE) of 3.8%. This is below average, suggesting room for improvement.

Resideo Technologies, Inc. (REZI) had negative free cash flow of $1.33B in fiscal year 2024, likely due to heavy capital investments.