RESIDEO TECHNOLOGIES, INC. (REZI)
Resideo Technologies, Inc. develops, manufactures, sells, and distributes comfort, energy management, and safety and security solutions in the United States, Europe, and internationally. The company operates through Products and Solutions and ADI Global Distribution segments. The Products and Solutions segment offers temperature and humidity control, water and air solutions, smoke and carbon monoxide detection home safety products, residential and small business security products, video cameras, other home-related lifestyle convenience solutions, cloud infrastructure, installation and maintenance tools, and related software products under the Honeywell Home, First Alert, Resideo, Braukmann, and BRK brand names. The ADI Global Distribution segment distributes low-voltage products, including security and audio-visual solutions serving commercial and residential markets through an omnichannel go-to-market platform. The company sells its products and services through a network of professional contractors, installers and integrators, distributors, and original equipment manufacturers, as well as retailers and online merchants. Resideo Technologies, Inc. was incorporated in 2018 and is headquartered in Scottsdale, Arizona.
Sector: Wholesale-Hardware
Industry: Industrial - Distribution
Resideo Technologies, Inc.
NYSE:REZIIndustrials · Industrial - Distribution
+0.39%$17.86
AH Close$17.86+0.00%vs close
AH Close$17.86+0.00%vs close
Mkt Cap$2.71B
Float115.54M
O/S151.85M
Inst Own-
SI8.2%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$7.47B
Net Income-$527M
Total Assets$8.43B
Free Cash Flow-$1.25B
Debt & Equity
Debt 49%
Equity 44%
Preferred 7%
Total Debt$3.22B
Total Equity$2.92B
Preferred Stock$482M
Shares Outstanding
Short Interest
Split History2 splits
- 1.4:1Forward splitAug 4, 20261 share → 1.4
- 1.4:1Forward splitAug 4, 20261 share → 1.4
Balance Sheet Details
Assets$8.43B
Liabilities$5.52B
Accounts Receivable$1.07B
Accounts Payable$1.13B
Inventory$1.35B
PP&E (Net)$447M
Goodwill$3.1B
Intangible Assets$1.09B
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Revenue | $7.47B | $6.76B | $6.24B | $6.37B | $5.85B | $5.07B | $4.99B | $4.83B | $4.52B | $4.46B | $4.15B |
| YoY Growth | 10.5% | 8.3% | -2.0% | 9.0% | 15.3% | 1.7% | 3.3% | 6.8% | 1.4% | 7.2% | - |
| Cost of Revenue | $5.4B | $4.86B | $4.55B | $4.6B | $4.26B | $3.76B | $3.71B | $3.4B | $3.2B | $3.09B | $2.92B |
| Gross Profit | $2.07B | $1.9B | $1.7B | $1.77B | $1.58B | $1.31B | $1.28B | $1.43B | $1.32B | $1.36B | $1.23B |
| Gross Margin | 27.8% | 28.1% | 27.2% | 27.7% | 27.1% | 25.9% | 25.6% | 29.5% | 29.1% | 30.6% | 29.6% |
| Research and Development | $167M | $111M | $109M | $111M | $86M | $77M | $87M | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.27B | $1.14B | $960M | $974M | $909M | $925M | $932M | $932M | $871M | $870M | $810M |
| Other | $0 | $132M | $80M | $70M | $30M | $0 | $0 | $0 | $0 | $495M | $419M |
| Total Operating Expenses | $1.43B | $1.38B | $1.15B | $1.16B | $1.02B | $1B | $1.02B | $932M | $871M | $1.36B | $1.23B |
| Operating Income (EBIT) | $641M | $520M | $547M | $611M | $559M | $311M | $258M | $493M | $445M | $495M | $419M |
| Operating Margin | 8.6% | 7.7% | 8.8% | 9.6% | 9.6% | 6.1% | 5.2% | 10.2% | 9.8% | 11.1% | 10.1% |
| Interest Expense | $137M | $81M | $65M | $54M | $47M | $63M | $69M | $20M | $0 | $3M | $3M |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$1.1B | -$299M | -$234M | -$193M | -$206M | -$210M | -$187M | -$389M | -$279M | -$185M | -$162M |
| Income Before Tax (EBT) | -$457M | $221M | $313M | $418M | $353M | $101M | $71M | $104M | $166M | $310M | $257M |
| Income Tax Expense | $70M | $105M | $103M | $135M | $111M | $64M | $35M | -$301M | $560M | $133M | $110M |
| Net Income | -$527M | $116M | $210M | $283M | $242M | $37M | $36M | $405M | -$394M | $177M | $147M |
| Net Income Margin | -7.1% | 1.7% | 3.4% | 4.4% | 4.1% | 0.7% | 0.7% | 8.4% | -8.7% | 4.0% | 3.5% |
| Supplementary Data | |||||||||||
| EPS | -3.77 | 0.62 | 1.43 | 1.94 | 1.68 | 0.30 | 0.29 | 3.31 | -3.22 | 1.43 | 1.19 |
| Diluted EPS | -3.77 | 0.61 | 1.42 | 1.90 | 1.63 | 0.29 | 0.29 | 3.30 | -3.19 | 1.43 | 1.19 |
| Weighted Average OS | 149.00M | 146.00M | 147.00M | 146.00M | 144.04M | 125.35M | 122.72M | 122.50M | 122.36M | 122.92M | 123.45M |
| EBITDA | -$125M | $446M | $476M | $566M | $488M | $250M | $220M | $190M | $233M | $559M | $477M |
| EBITDA Margin | -1.7% | 6.6% | 7.6% | 8.9% | 8.3% | 4.9% | 4.4% | 3.9% | 5.2% | 12.5% | 11.5% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Assets | ||||||||||
| Current Assets | ||||||||||
| Cash and Cash Equivalents | $661M | $692M | $636M | $326M | $775M | $517M | $122M | $265M | $56M | $47M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $661M | $692M | $636M | $326M | $775M | $517M | $122M | $265M | $56M | $47M |
| Accounts Receivable | $1.07B | $1.02B | $973M | $1B | $876M | $863M | $817M | $821M | $802M | $740M |
| Inventory | $1.35B | $1.24B | $941M | $975M | $740M | $672M | $671M | $628M | $465M | $435M |
| Other Current Assets | $270M | $220M | $193M | $199M | $150M | $173M | $175M | $95M | $69M | $50M |
| Total Current Assets | $3.36B | $3.17B | $2.74B | $2.5B | $2.54B | $2.23B | $1.78B | $1.81B | $1.39B | $1.27B |
| Long-Term Assets | ||||||||||
| Property, Plant & Equipment Net | $447M | $410M | $582M | $366M | $287M | $318M | $316M | $300M | $265M | $261M |
| Goodwill | $3.1B | $3.07B | $2.71B | $2.72B | $2.66B | $2.69B | $2.64B | $2.63B | $2.65B | $2.59B |
| Intangible Assets | $1.09B | $1.18B | $461M | $475M | $120M | $135M | $127M | $133M | $140M | $139M |
| Long-Term Investments | $0 | $0 | $10M | $22M | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | -$22M | $0 | $0 | $0 | $84M | $5M | $6M |
| Other Long-Term Assets | $437M | $369M | $144M | $320M | $244M | $241M | $258M | $12M | $23M | $22M |
| Total Long-Term Assets | $5.08B | $5.03B | $3.9B | $3.88B | $3.31B | $3.38B | $3.34B | $3.16B | $3.08B | $3.02B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $8.43B | $8.2B | $6.64B | $6.39B | $5.85B | $5.61B | $5.13B | $4.97B | $4.47B | $4.29B |
| Liabilities | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | $1.13B | $1.07B | $905M | $894M | $883M | $936M | $920M | $964M | $678M | $641M |
| Short-Term Debt | $0 | $0 | $12M | $12M | $10M | $7M | $22M | $22M | $0 | $0 |
| Current Income Tax Payable | $0 | $35M | $34M | $38M | $54M | $62M | $66M | $76M | $0 | $0 |
| Current Unearned Revenue | $0 | $29M | $0 | $0 | $0 | $0 | $0 | $0 | $3M | $3M |
| Other Current Liabilities | $266M | $243M | $228M | $245M | $208M | $196M | $144M | $132M | $400M | $363M |
| Total Current Liabilities | $1.75B | $1.79B | $1.52B | $1.55B | $1.49B | $1.54B | $1.49B | $1.49B | $1.15B | $1.08B |
| Long-Term Liabilities | ||||||||||
| Long-Term Debt | $3.17B | $1.98B | $1.4B | $1.4B | $1.22B | $1.16B | $1.16B | $1.18B | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3M | $2M |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $25M | $377M | $70M |
| Other Long-Term Liabilities | $594M | $1.12B | $975M | $908M | $887M | $924M | $874M | $746M | $343M | $266M |
| Total Long-Term Liabilities | $3.76B | $3.1B | $2.37B | $2.31B | $2.11B | $2.08B | $2.03B | $1.95B | $723M | $338M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $5.52B | $4.89B | $3.9B | $3.86B | $3.6B | $3.62B | $3.53B | $3.44B | $1.87B | $1.42B |
| Stockholders' Equity | ||||||||||
| Preferred Stock | $482M | $482M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.7B | $3.04B |
| Retained Earnings | $345M | $907M | $810M | $600M | $317M | $75M | $38M | $2M | $0 | $0 |
| Comprehensive Income & Other | -$157M | -$284M | -$194M | -$212M | -$165M | -$146M | -$194M | -$189M | -$100M | -$169M |
| Other Stockholders' Equity | $2.57B | $2.4B | $1.94B | $1.93B | $1.94B | $1.92B | $1.56B | $1.53B | -$100M | -$169M |
| Total Equity | $2.92B | $3.31B | $2.75B | $2.53B | $2.25B | $1.99B | $1.6B | $1.53B | $2.6B | $2.87B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $8.43B | $8.2B | $6.64B | $6.39B | $5.85B | $5.61B | $5.13B | $4.97B | $4.47B | $4.29B |
| Supplementary Data | ||||||||||
| Total Debt | $3.22B | $2.03B | $1.45B | $1.45B | $1.26B | $1.16B | $1.18B | $1.2B | $0 | $0 |
| Net Debt | $2.56B | $1.34B | $811M | $1.13B | $487M | $645M | $1.06B | $936M | -$56M | -$47M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Operating Activities | |||||||||||
| Net Income | -$527M | $116M | $210M | $283M | $242M | $37M | $36M | $405M | -$394M | $177M | $147M |
| Depreciation & Amortization | $195M | $144M | $98M | $94M | $88M | $86M | $80M | $66M | $67M | $64M | $58M |
| Deferred Income Tax | $0 | -$31M | -$28M | -$3M | $6M | $22M | -$25M | -$323M | $297M | -$4M | -$1M |
| Stock-Based Compensation | $57M | $59M | $44M | $50M | $39M | $29M | $25M | $20M | $16M | $13M | $10M |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | -$29M | -$18M | $19M | -$72M | -$30M | -$27M | $7M | -$62M | -$31M | -$106M | -$32M |
| Inventory | -$92M | -$71M | $32M | -$122M | -$73M | $19M | -$44M | -$172M | -$17M | -$49M | -$28M |
| Accounts Payable | $30M | $127M | $18M | -$43M | -$42M | -$1M | -$38M | $231M | $11M | $61M | $30M |
| Other Working Capital | -$751M | $59M | $19M | -$76M | $41M | $58M | -$42M | $279M | $63M | -$26M | -$83M |
| Total Working Capital Change | -$842M | $97M | $88M | -$313M | -$104M | $49M | -$117M | $276M | $26M | -$120M | -$113M |
| Other Non-Cash Items | -$20M | $59M | $28M | $41M | $44M | $21M | $24M | $18M | $25M | $21M | $27M |
| Net Cash from Operating | -$1.14B | $444M | $440M | $152M | $315M | $244M | $23M | $462M | $37M | $151M | $128M |
| Investing Activities | |||||||||||
| Capital Expenditures | -$116M | -$80M | -$105M | -$85M | -$63M | -$70M | -$95M | -$81M | -$49M | -$71M | -$68M |
| Acquisitions | $0 | -$1.34B | $70M | -$665M | -$11M | -$35M | -$17M | $0 | $0 | -$120M | -$196M |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $77M | $8M | -$9M | -$14M | $9M | $2M | $0 | $7M | -$2M | $0 | -$4M |
| Net Cash from Investing | -$39M | -$1.41B | -$44M | -$764M | -$65M | -$103M | -$112M | -$74M | -$51M | -$191M | -$268M |
| Financing Activities | |||||||||||
| Debt Repaid | -$1.19B | -$571M | $12M | -$184M | -$23M | $22M | $22M | -$1.2B | - | - | - |
| Common Stock Issuance | $0 | $482M | $0 | $0 | $0 | $279M | $0 | $39M | $19M | $1M | $145M |
| Common Stock Repurchases | -$29M | -$1M | -$41M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | -$12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $3M | -$9M | -$11M | -$14M | -$3M | -$4M | -$31M | -$1.4B | $2M | $3M | $0 |
| Net Cash from Financing | $1.13B | $1.03B | -$64M | $170M | $20M | $253M | -$53M | -$167M | $21M | $4M | $145M |
| Forex Effect | $17M | -$10M | -$22M | -$11M | -$8M | $1M | -$1M | -$12M | $2M | $83M | -$5M |
| Net Change in Cash | -$31M | $56M | $310M | -$453M | $262M | $395M | -$143M | $209M | $9M | $47M | $0 |
| Supplementary Data | |||||||||||
| Operating Cash Flow | -$1.14B | $444M | $440M | $152M | $315M | $244M | $23M | $462M | $37M | $151M | $128M |
| Capital Expenditure | -$116M | -$80M | -$105M | -$85M | -$63M | -$70M | -$95M | -$81M | -$49M | -$71M | -$68M |
| Free Cash Flow | -$1.25B | $364M | $335M | $67M | $252M | $174M | -$72M | $381M | -$12M | $80M | $60M |
| Cash at Beginning | $693M | $636M | $326M | $779M | $517M | $122M | $265M | $56M | $47M | $0 | $0 |
| Cash at End | $662M | $692M | $636M | $326M | $779M | $517M | $122M | $265M | $56M | $47M | $0 |