Loading…
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.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $7.5B | $-127M | $-527M | $-1.3B | -21.6% | 10.5% | -554.3% |
| 2024 | $6.8B | $446M | $116M | $364M | 4.1% | 8.3% | -44.8% |
| 2023 | $6.2B | $476M | $210M | $335M | 7.6% | -2.0% | -25.8% |
| 2022 | $6.4B | $566M | $283M | $67M | 11.2% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 6,370 | 6,242 | 6,761 | 7,472 |
| Cost Of Revenue | - | 4,604 | 4,546 | 4,860 | 5,276 |
| Gross Profit | - | 1,766 | 1,696 | 1,901 | 2,196 |
| Operating Expense | - | 1,120 | 1,107 | 1,329 | 1,555 |
| Operating Income | - | 646 | 589 | 572 | 641 |
| EBITDA | - | 566 | 476 | 446 | -127 |
| EBIT | - | 472 | 378 | 302 | -322 |
| Pretax Income | - | 418 | 313 | 221 | -457 |
| Tax Provision | - | 135 | 103 | 105 | 70 |
| Net Income | - | 283 | 210 | 116 | -527 |
| Net Income Common Stockholders | - | 283 | 210 | 91 | -562 |
| Total Expenses | - | 5,724 | 5,653 | 6,189 | 6,831 |
| Interest Expense | - | 54 | 65 | 81 | 135 |
| Research And Development | - | 111 | 109 | 111 | 167 |
| Selling General And Administration | - | 974 | 960 | 1,138 | 1,266 |
| Normalized EBITDA | - | 601 | 696 | 709 | 879 |
| Normalized Income | - | 306.70 | 357.60 | 323.77 | 267.74 |
| Market Cap | 6,214.33 | 6,214.33 | 6,214.33 | 6,214.33 | 6,214.33 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Resideo Technologies, Inc.this co. | REZI | - | -11.79 | 2.55 | -21.6% | -69.11 |
| Pitney Bowes Inc. | PBI | $2.7B | 16.10 | -2.90 | -18.0% | 10.27 |
| DXP Enterprises, Inc. | DXPE | $2.7B | 29.67 | 5.28 | 17.8% | 14.78 |
| Hub Group, Inc. | HUBG | $2.6B | 25.22 | 1.59 | 6.3% | 8.93 |
| The GEO Group, Inc. | GEO | $2.6B | 9.82 |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.66 |
| 16.9% |
| 6.62 |
| Trinity Industries, Inc. | TRN | $2.6B | 10.02 | 2.35 | 23.5% | 8.15 |
| Robert Half Inc. | RHI | $2.6B | 19.72 | 2.06 | 10.4% | 15.20 |
| ABM Industries Incorporated | ABM | $2.5B | 14.47 | 1.32 | 9.1% | 9.30 |
| Alamo Group Inc. | ALG | $2.1B | 20.15 | 1.82 | 9.0% | 9.51 |
| Peer Median | - | 17.91 | 1.74 | 9.8% | 9.40 | |