Fortune Brands Innovations Inc. (FBIN)
Debt-to-equity 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-equity ratio | 0.90 | 0.95 | 1.03 | 1.33 | 1.16 | 1.28 | 1.23 | 1.00 | 0.99 | 0.92 | 1.14 | 1.16 | 0.75 | 0.86 | 0.86 | 0.92 | 0.93 | 0.79 | 0.91 | 0.86 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $2,173,700K ÷ $2,422,000K
= 0.90
The debt-to-equity ratio for Fortune Brands Innovations Inc. has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio stood at 0.86 as of March 31, 2020, and increased to 1.33 by March 31, 2024. This indicates a significant shift towards higher debt levels relative to equity during this period.
The company's debt-to-equity ratio peaked at 1.33 on March 31, 2024, suggesting a higher reliance on debt financing compared to equity. This could raise concerns about the company's financial leverage and potential risk exposure.
On the other hand, the ratio reached its lowest point at 0.75 on December 31, 2021, indicating a more conservative capital structure with lower debt levels relative to equity at that point in time.
Overall, the trend in Fortune Brands Innovations Inc.'s debt-to-equity ratio suggests a varying mix of debt and equity in the company's capital structure over the analyzed period, with a general increase in reliance on debt financing observed towards the end of the period. Investors and creditors may monitor this ratio closely to assess the company's financial stability and risk profile.
Peer comparison
Dec 31, 2024