← RESIDEO TECHNOLOGIES, INC.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net revenue | $4.5b | $4.8b | $5.0b | $5.1b | $5.8b | $6.4b | $6.2b | $6.8b | $7.5b | $7.6b | |
| Cost of goods sold | $3.2b |
$3.5b
+8.05%
|
$3.8b
+9.74%
|
$3.8b
-1.05%
|
$4.3b
+14.02%
|
$4.6b
+7.44%
|
$4.5b
-1.26%
|
$4.9b
+6.91%
|
$5.3b
+8.56%
|
$5.4b
+1.93%
|
|
| Gross profit | $1.3b |
$1.4b
+3.80%
|
$1.2b
-12.88%
|
$1.3b
+10.34%
|
$1.6b
+18.89%
|
$1.8b
+13.13%
|
$1.7b
-3.96%
|
$1.9b
+12.09%
|
$2.2b
+15.52%
|
$2.2b
+1.82%
|
|
| Research and development expenses | — | — | $87.0m | $77.0m | $86.0m | $111.0m | $109.0m | $111.0m | $167.0m | $180.0m | |
| Selling, general and administrative expenses | $871.0m | $873.0m | $932.0m | $1.0b | $916.0m | $974.0m | $960.0m | $1.1b | $1.3b | $1.3b | |
| Restructuring, impairment and extinguishment costs | — | — | — | $40.0m | $0 | $35.0m | $42.0m | $52.0m | $16.0m | — | |
| Total operating expenses | — | — | — | — | $1.0b | $1.2b | $1.1b | $1.4b | $1.6b | $1.6b | |
| Income from operations | $445.0m |
$493.0m
+10.79%
|
$258.0m
-47.67%
|
$311.0m
+20.54%
|
$559.0m
+79.74%
|
$611.0m
+9.30%
|
$547.0m
-10.47%
|
$520.0m
-4.94%
|
$607.0m
+16.73%
|
$633.0m
+4.28%
|
|
| Interest expense, net | — | — | — | $63.0m | $48.0m | $58.0m | $65.0m | $81.0m | $135.0m | $157.0m | |
| Other expense (income), net | $279.0m | $369.0m | $118.0m | $147.0m | $158.0m | $135.0m | $169.0m | $218.0m | ($43.0m) | — | |
| Provision for income taxes | $560.0m | ($301.0m) | $35.0m | $64.0m | $111.0m | $135.0m | $103.0m | $105.0m | $70.0m | — | |
| Net income (loss) before taxes | $166.0m | $104.0m | $71.0m | $101.0m | $353.0m | $418.0m | $313.0m | $221.0m | ($457.0m) | ($533.0m) | |
| Net income (loss) | ($394.0m) |
$405.0m
+202.79%
|
$36.0m
-91.11%
|
$37.0m
+2.78%
|
$242.0m
+554.05%
|
$283.0m
+16.94%
|
$210.0m
-25.80%
|
$116.0m
-44.76%
|
($527.0m)
-554.31%
|
($533.0m)
-1.14%
|
|
| Net income (loss) available to common stockholders, basic | ($394.0m) |
$405.0m
+202.79%
|
$36.0m
-91.11%
|
$37.0m
+2.78%
|
$242.0m
+554.05%
|
$283.0m
+16.94%
|
$210.0m
-25.80%
|
$91.0m
-56.67%
|
($562.0m)
-717.58%
|
($533.0m)
+5.16%
|
|
| Less: preferred stock dividends | — | — | — | — | — | $0 | $0 | $19.0m | $35.0m | — | |
| Basic (in dollars per share) | ($3.22) | $3.31 | $0.29 | $0.30 | $1.68 | $1.94 | $1.43 | $0.62 | ($3.77) | — | |
| Diluted (in dollars per share) | ($3.22) | $3.30 | $0.29 | $0.29 | $1.63 | $2.81 | $2.11 | $1.48 | ($3.07) | — | |
| Weighted average basic number of common shares outstanding (in shares) | 122.5m | 122.5m | 122.7m | 125.3m | 144.0m | 146.0m | 147.0m | 146.0m | 149.0m | — | |
| Intangible asset amortization | — | — | — | $30.0m | $30.0m | $35.0m | $38.0m | $80.0m | $122.0m | — | |
| Business separation costs | — | — | — | — | — | — | $0 | $0 | $18.0m | — | |
| Indemnification Agreement expense | — | — | — | — | — | — | $178.0m | $211.0m | $972.0m | — | |
| Less: undistributed income allocated to preferred stockholders | — | — | — | — | — | $0 | $0 | $6.0m | $0 | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.