Resideo Technologies, Inc. - Understand $rezi stock

$REZI Market Cap: $4.051 Billion

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Financial Snapshot

Revenue

$6.440B

TTM

Gross Margin

27.81%

TTM

Net Earnings

$175.0M

TTM

Current Assets

$3.037B

Q3 2024

Current Liabilities

$1.672B

Q3 2024

Current Ratio

181.64%

Q3 2024

Total Assets

$8.135B

Q3 2024

Total Liabilities

$4.781B

Q3 2024

Book Value

$3.354B

Q3 2024

Cash

$531.0M

Q3 2024

P/E

23.15

Nov 29, 2024 EST

Free Cash Flow

$415.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$6.242B	$6.370B	$5.846B	$5.071B	$4.988B	$4.827B	$4.519B	$4.455B	$4.154B
YoY Change	-2.01%	8.96%	15.28%	1.66%	3.34%	6.82%	1.44%	7.25%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$6.242B	$6.370B	$5.846B	$5.071B	$4.988B	$4.827B	$4.519B	$4.455B	$4.154B
Cost Of Revenue	$4.546B	$4.604B	$4.285B	$3.758B	$3.711B	$3.402B	$3.203B	$3.090B	$2.925B
Gross Profit	$1.696B	$1.766B	$1.561B	$1.313B	$1.277B	$1.425B	$1.316B	$1.365B	$1.229B
Gross Profit Margin	27.17%	27.72%	26.7%	25.89%	25.6%	29.52%	29.12%	30.64%	29.59%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Selling, General & Admin	$960.0M	$974.0M	$916.0M	$925.0M	$932.0M	$873.0M	$871.0M	$870.0M	$810.0M
YoY Change	-1.44%	6.33%	-0.97%	-0.75%	6.76%	0.23%	0.11%	7.41%
% of Gross Profit	56.6%	55.15%	58.68%	70.45%	72.98%	61.26%	66.19%	63.74%	65.91%
Research & Development	$109.0M	$111.0M	$86.00M	$77.00M	$87.00M	$59.00M
YoY Change	-1.8%	29.07%	11.69%	-11.49%	47.46%
% of Gross Profit	6.43%	6.29%	5.51%	5.86%	6.81%	4.14%
Depreciation & Amortization	$59.00M	$59.00M	$58.00M	$56.00M	$50.00M	$45.00M	$57.00M	$57.00M	$58.00M
YoY Change	0.0%	1.72%	3.57%	12.0%	11.11%	-21.05%	0.0%	-1.72%
% of Gross Profit	3.48%	3.34%	3.72%	4.27%	3.92%	3.16%	4.33%	4.18%	4.72%
Operating Expenses	$1.149B	$1.085B	$1.002B	$1.002B	$1.019B	$873.0M	$871.0M	$870.0M	$980.0M
YoY Change	5.9%	8.28%	0.0%	-1.67%	16.72%	0.23%	0.11%	-11.22%
Operating Profit	$547.0M	$611.0M	$559.0M	$311.0M	$258.0M	$493.0M	$484.0M	$530.0M	$249.0M
YoY Change	-10.47%	9.3%	79.74%	20.54%	-47.67%	1.86%	-8.68%	112.85%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense	-$65.00M	-$58.00M	$48.00M	$63.00M	$69.00M	$20.00M	$2.000M	$3.000M	$8.000M
YoY Change	12.07%	-220.83%	-23.81%	-8.7%	245.0%	900.0%	-33.33%	-62.5%
% of Operating Profit	-11.88%	-9.49%	8.59%	20.26%	26.74%	4.06%	0.41%	0.57%	3.21%
Other Income/Expense, Net	-$169.0M	-$135.0M	-$158.0M	-$147.0M	-$13.00M	-$4.000M	-$1.000M	-$185.0M
YoY Change	25.19%	-14.56%	7.48%	1030.77%	225.0%	300.0%	-99.46%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Pretax Income	$313.0M	$418.0M	$353.0M	$101.0M	$71.00M	$104.0M	$166.0M	$310.0M	$257.0M
YoY Change	-25.12%	18.41%	249.5%	42.25%	-31.73%	-37.35%	-46.45%	20.62%
Income Tax	$103.0M	$135.0M	$111.0M	$64.00M	$35.00M	-$301.0M	$560.0M	$133.0M	$110.0M
% Of Pretax Income	32.91%	32.3%	31.44%	63.37%	49.3%	-289.42%	337.35%	42.9%	42.8%
Net Earnings	$210.0M	$283.0M	$242.0M	$37.00M	$36.00M	$405.0M	-$394.0M	$177.0M	$147.0M
YoY Change	-25.8%	16.94%	554.05%	2.78%	-91.11%	-202.79%	-322.6%	20.41%
Net Earnings / Revenue	3.36%	4.44%	4.14%	0.73%	0.72%	8.39%	-8.72%	3.97%	3.54%
Basic Earnings Per Share	$1.43	$1.94	$1.68	$0.30	$0.29	$3.31	-$3.22	$1.44
Diluted Earnings Per Share	$1.42	$1.90	$1.63	$0.29	$0.29	$3.30	-$3.22	$1.44	$1.190M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments	$636.0M	$326.0M	$779.0M	$517.0M	$122.0M	$265.0M	$56.00M	$47.00M
YoY Change	95.09%	-58.15%	50.68%	323.77%	-53.96%	373.21%	19.15%
Cash & Equivalents	$636.0M	$326.0M	$779.0M	$517.0M	$122.0M	$265.0M	$56.00M	$47.00M
Short-Term Investments
Other Short-Term Assets	$193.0M	$199.0M	$146.0M	$173.0M	$175.0M	$95.00M	$69.00M	$50.00M
YoY Change	-3.02%	36.3%	-15.61%	-1.14%	84.21%	37.68%	38.0%
Inventory	$941.0M	$975.0M	$740.0M	$672.0M	$671.0M	$628.0M	$465.0M	$435.0M
Prepaid Expenses
Receivables	$973.0M	$1.002B	$876.0M	$863.0M	$817.0M	$821.0M	$779.0M	$723.0M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$23.00M	$17.00M
Total Short-Term Assets	$2.743B	$2.502B	$2.541B	$2.225B	$1.785B	$1.809B	$1.392B	$1.272B
YoY Change	9.63%	-1.53%	14.2%	24.65%	-1.33%	29.96%	9.43%
Property, Plant & Equipment	$582.0M	$557.0M	$428.0M	$451.0M	$453.0M	$300.0M	$265.0M	$261.0M
YoY Change	4.49%	30.14%	-5.1%	-0.44%	51.0%	13.21%	1.53%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$154.0M	$129.0M	$223.0M	$243.0M	$121.0M	$96.00M	$28.00M	$28.00M
YoY Change	19.38%	-42.15%	-8.23%	100.83%	26.04%	242.86%	0.0%
Total Long-Term Assets	$3.902B	$3.885B	$3.312B	$3.385B	$3.343B	$3.163B	$3.081B	$3.022B
YoY Change	0.44%	17.3%	-2.16%	1.26%	5.69%	2.66%	1.95%
Total Assets	$6.645B	$6.387B	$5.853B	$5.610B	$5.128B	$4.972B	$4.473B	$4.294B
YoY Change
Accounts Payable	$905.0M	$894.0M	$883.0M	$936.0M	$920.0M	$964.0M	$678.0M	$641.0M
YoY Change	1.23%	1.25%	-5.66%	1.74%	-4.56%	42.18%	5.77%
Accrued Expenses	$574.0M	$602.0M	$547.0M	$533.0M	$486.0M	$427.0M	$409.0M	$395.0M
YoY Change	-4.65%	10.05%	2.63%	9.67%	13.82%	4.4%	3.54%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$12.00M	$12.00M	$10.00M	$7.000M	$22.00M	$22.00M
YoY Change	0.0%	20.0%	42.86%	-68.18%	0.0%
Total Short-Term Liabilities	$1.525B	$1.546B	$1.494B	$1.538B	$1.494B	$1.489B	$1.147B	$1.082B
YoY Change	-1.36%	3.48%	-2.86%	2.95%	0.34%	29.82%	6.01%
Long-Term Debt	$1.396B	$1.404B	$1.220B	$1.155B	$1.158B	$1.179B	$0.00	$0.00
YoY Change	-0.57%	15.08%	5.63%	-0.26%	-1.78%
Other Long-Term Liabilities	$975.0M	$908.0M	$887.0M	$924.0M	$874.0M	$746.0M	$346.0M	$268.0M
YoY Change	7.38%	2.37%	-4.0%	5.72%	17.16%	115.61%	29.1%
Total Long-Term Liabilities	$2.371B	$2.312B	$2.107B	$2.079B	$2.032B	$1.925B	$346.0M	$268.0M
YoY Change	2.55%	9.73%	1.35%	2.31%	5.56%	456.36%	29.1%
Total Liabilities	$3.896B	$3.858B	$3.601B	$3.617B	$3.526B	$3.439B	$1.870B	$1.420B
YoY Change	0.98%	7.14%	-0.44%	2.58%	2.53%	83.9%	31.69%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Basic Shares Outstanding	147.0M shares	146.0M shares	144.0M	125.3M	122.7M	122.5M	122.5M	122.5M
Diluted Shares Outstanding	148.0M shares	149.0M shares	148.4M	126.3M	123.2M	122.6M	122.5M	122.5M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $4.0505 Billion

About RESIDEO TECHNOLOGIES, INC.

Resideo Technologies, Inc. operates as a manufacturer and developer of technology-driven products and components that provide critical comfort, energy management, and safety and security solutions. The company is headquartered in Scottsdale, Arizona and currently employs 14,000 full-time employees. The company went IPO on 2018-10-15. Its segments include Products and Solutions and ADI Global Distribution. The Products and Solutions segment offers temperature and humidity control, thermal water and air solutions, as well as security panels, sensors, peripherals, communications devices, video cameras, other home-related lifestyle convenience solutions, cloud infrastructure, installation and maintenance tools, and related software. The ADI Global Distribution segment distributes low-voltage security products, including security and life safety, access control and video products, and participates in the related markets of smart home, power, audio, ProAV, networking, communications, wire and cable, and data communications. ADI Global Distribution segment and Snap One provide integrators a selection of both third-party product offerings through a physical branch footprint augmented by digital capabilities.

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