Fortune Brands

Fortune Brands

Provides home, security, and outdoor solutions

About Fortune Brands

Simplify's Rating
Why Fortune Brands is rated
A-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A on Differentiation

Industries

Industrial & Manufacturing

Consumer Goods

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Deerfield, Illinois

Founded

2012

Overview

Fortune Brands Innovations operates in the water, outdoors, and security sectors, providing products that enhance living spaces and ensure safety. The company offers a range of branded products, including water solutions, outdoor items, and security systems, targeting homeowners, commercial builders, and security-conscious consumers. Their products are sold through various channels such as retail stores, online platforms, and direct sales. What sets Fortune Brands apart from its competitors is its focus on brand leadership and continuous innovation, which allows it to adapt to changing market demands and maintain a competitive edge. The company's goal is to capitalize on growth opportunities in its markets while ensuring long-term performance and customer satisfaction.

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Simplify's Take

What believers are saying

  • Smart home technology growth benefits FBIN's security and home improvement sectors.
  • Eco-friendly product demand aligns with FBIN's recent sustainable product launches.
  • Outdoor living market growth supports FBIN's focus on outdoor products.

What critics are saying

  • Pending tariffs could increase raw material costs, impacting profit margins.
  • High interest rates are reducing demand for home improvement projects.
  • Competition from global players in the security market pressures FBIN to innovate.

What makes Fortune Brands unique

  • FBIN leverages the Fortune Brands Advantage for adaptability in diverse market conditions.
  • The company focuses on brand leadership and innovation to maintain a competitive edge.
  • FBIN's diverse portfolio includes leading brands in water, outdoors, and security sectors.

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Funding

Total Funding

$600M

Above

Industry Average

Funded Over

1 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

1%
Lake County Partners
Apr 29th, 2025
Where Innovation Takes Root: Fortune Brands' New Headquarters Plants Seeds of Growth in Lake County, Illinois

Fortune Brands Innovations will be honored with Lake County Partners 2025 Community Investment Award on May 1, recognizing the company's commitment to bringing significant new jobs to the region.

Stock Titan
Apr 3rd, 2025
Fortune Brands Names Jonathan Baksht Executive Vice President and Chief Financial Officer; Sets Date for First Quarter 2025 Earnings Announcement and Investor Conference Call

Fortune Brands Innovations (NYSE: FBIN) has announced the appointment of Jonathan Baksht as Executive Vice President and Chief Financial Officer, effective May 5, 2025.

PR Newswire
Mar 21st, 2025
Eco-Conscious Without Compromising Performance: New Moen Handshower Can Help Save Thousands Of Gallons Of Water Annually*

THIS WORLD WATER DAY ENJOY STEPPING INTO A HOT SHOWER WITHOUT THE GUILT OF WASTING WATER WITH THE MOEN® HOT WATER SAVINGS HANDHELDNORTH OLMSTED, Ohio, March 21, 2025 /PRNewswire/ -- In recognition of World Water Day, Moen, a leader in water experiences in the home, is proud to announce the new Hot Water Savings Handheld. Designed to cut shower water usage by over a third when the technology is activated, this innovative showerhead can save up to 5,500 gallons annually* without compromising the shower experience

PYMNTS
Mar 2nd, 2025
Homeowners Hold Off On Improvements Amid Tariff Unease

High interest rates. Pending tariffs on a wealth of foreign imports. Concerns about mass deportations. Taken together, these factors are all driving a drop in demand for home improvement projects, the Financial Times (FT) reported Sunday (March 2). As that report noted, shares of a number of companies in this space are reaching historic lows, with the market stressed by the Trump administration’s tariff threats and the possibility of mass deportations of undocumented workers

Stock Titan
Feb 25th, 2025
Fortune Brands Names Mathew Novak Executive Vice President and Chief Supply Chain Officer

Fortune Brands Innovations (NYSE: FBIN) has appointed Matthew Novak as executive vice president and chief supply chain officer.

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Fortune Brands is Hiring for 230 Jobs on Simplify!

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