Fortune Brands Innovations Inc. (FBIN)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,173,700 | 2,277,800 | 2,401,700 | 3,044,700 | 2,670,100 | 2,829,300 | 2,668,500 | 2,074,900 | 2,074,300 | 2,786,900 | 3,357,900 | 3,367,900 | 2,309,800 | 2,629,100 | 2,608,300 | 2,682,800 | 2,572,200 | 2,086,500 | 2,245,900 | 2,035,200 |
| Total stockholders’ equity | US$ in thousands | 2,422,000 | 2,395,900 | 2,330,600 | 2,280,800 | 2,293,400 | 2,219,000 | 2,177,100 | 2,082,500 | 2,086,900 | 3,030,100 | 2,952,400 | 2,914,800 | 3,064,800 | 3,054,600 | 3,043,500 | 2,924,400 | 2,775,500 | 2,628,600 | 2,461,800 | 2,357,000 |
| Debt-to-capital ratio | 0.47 | 0.49 | 0.51 | 0.57 | 0.54 | 0.56 | 0.55 | 0.50 | 0.50 | 0.48 | 0.53 | 0.54 | 0.43 | 0.46 | 0.46 | 0.48 | 0.48 | 0.44 | 0.48 | 0.46 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $2,173,700K ÷ ($2,173,700K + $2,422,000K)
= 0.47
The debt-to-capital ratio of Fortune Brands Innovations Inc. has shown fluctuation over the period from March 31, 2020, to December 31, 2024. The ratio started at 0.46 in March 2020, increased to 0.48 by June 2020, decreased to 0.44 in September 2020, and then rose again to 0.48 by December 2020.
Throughout the following years, the ratio remained relatively stable, ranging between 0.43 and 0.55. Notable spikes occurred in March 2024 where the ratio increased to 0.57, and the following quarter, it decreased to 0.51. By the end of the period in December 2024, the debt-to-capital ratio was 0.47.
Overall, the trend indicates some variability in the company's debt-to-capital structure, with occasional fluctuations in the level of debt relative to the capital base. Monitoring this ratio is essential for understanding the company's leverage and its ability to meet financial obligations.
Peer comparison
Dec 31, 2024