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Resideo showcases strength, innovation and profitable growth opportunity at Investor Day. Presentations spotlighted the competitive advantages, durable demand and connected home opportunities that set Resideo apart. Resideo hosted its Investor Day at the New York Stock Exchange on July 13, 2026, ahead of the planned spin-off of ADI Global Distribution. The company's incoming leadership team provided in-person attendees and the live webcast audience a look at Resideo's strategy, product innovation, and how the company delivers comfort and protection to millions of homes and businesses around the world. "When you combine our footprint in the home, our durable market position and our competitive position with the focus that will come from being a standalone company, we believe Resideo is uniquely positioned to win," said incoming President and Chief Executive Officer Tom Surran. "We believe the strategy and operational excellence we've been discussing today allow us to target revenue growth and sustained margin expansion even without a significant improvement in the economic environment." The Resideo Investor Day presentation and video replay is available at Investor.Resideo.com. Connecting the home, driving growth, and creating value. The event also featured comments from Senior Vice President of Engineering Scott Ziffra, Senior Vice President of Sales and Marketing Scott Harkins, Senior Vice President of Integrated Supply Chain and Information Technology Patrick Murray, and Global Head of Strategic Finance Christopher Lee. "We're standing here at the New York Stock Exchange for an incredibly profound moment for Resideo," said Lee. "We hope you walk away today with a better understanding of Resideo and share our conviction about the opportunities for Resideo to be the leader in residential sensing and controls." Accelerated development of differentiated solutions. "We don't just build products; we understand how homes actually work. That understanding becomes our data, our insight, and ultimately our advantage," said Ziffra. "We're building a home that understands, anticipates, and acts. And ultimately, this connected ecosystem, connectivity, platform, intelligence, it doesn't just add value. It creates a durable, compounding advantage that's very difficult to replicate." Continued focus on the pro. "I can say with conviction, I have never been more excited about our future than I am right now," Harkins said. "We have built long-term, trusted relationships with over 100,000 pros globally... Resideo is a long-term growth story. It's built on the pro, it's scaled globally, and it's positioned to compound value for both our customers and our investors." Leveraging scale to provide superior value. "Our manufacturing strategy has strengthened product quality, improved supply chain resiliency, and increased our speed of execution," Murray said. "Everything we have done has been centered on one thing, speed. Speed in manufacturing, speed in the flow of information, and speed in decision-making. These strengths enable us to deliver the industry-leading performance that defines Resideo today." Resideo rings the Closing Bell at the NYSE. The day concluded with Resideo leaders ringing the NYSE Closing Bell to mark the opportunities ahead for the company, and its professional installers and integrators, partners, and employees. Times Square billboard highlights Resideo. Resideo's Investor Day events in New York City also included a digital billboard in Times Square, at the corner of West 47th Street and 7th Avenue. Images of the banner and Closing Bell courtesy of NYSE Group. NYSE does not recommend or endorse any investments, investment strategies, companies, products or services.

Resideo Technologies is spinning off its ADI Distribution business to focus on building technologies. CEO-designate Tom Surran outlined ambitious 2030 targets: 4% to 5% annual revenue growth, 43% to 45% gross margin, and 23% to 25% adjusted EBITDA margin. The company plans to reduce net leverage from 3.3x to 2.0x within 24 months. As a standalone entity, Resideo generated $2.9 billion in fiscal 2025 revenue, with 39.5% gross margin and $581 million adjusted EBITDA. Management said growth will come from product innovation, AI-enabled platforms, supply-chain automation, and stronger contractor relationships. The separation aims to sharpen strategic focus and provide both businesses with greater financial flexibility. Board changes include the departure of three directors and appointment of Andrew Campelli and Thomas Surran.

Resideo Technologies (NYSE: REZI) ADI Global Distribution spin-off: what investors need to know before the Mid-July Separation. 11 July 2026 06:37 AM PDT Summarize with AI You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to its research reports, in-depth technical and fundamental research. Learn more Key Highlights * Mid-July Separation Creates Two Distinct Standalone Public Companies: The imminent separation will result in two independently traded companies with distinct business profiles, capital structures, and investor bases. * Investor Days for Both Entities Will Define Post-Separation Strategic Narratives: Dedicated presentations for each standalone company will provide the forward strategic vision needed to attract appropriate institutional ownership mandates. * Russell Growth Index Inclusions Added Pre-Spinoff Passive Exposure: Late-June Russell growth index additions increased the passive fund base just before the structural separation creates two new investable entities from one. Resideo Technologies' (NYSE: REZI) impending ADI Global Distribution spin-off - expected to complete by mid-July - represents one of the most significant structural corporate events in the building products and security distribution sector of 2026, creating two independent publicly traded companies from a combined entity that institutional investors have argued was undervalued as a conglomerate. The two businesses being separated have fundamentally different profiles. The continuing Resideo Technologies entity is a products company with branded HVAC controls, security, and home comfort products that carry higher margins and are valued on growth and profitability metrics typical of specialty industrial manufacturers. ADI Global Distribution is a large-scale product distribution business with lower margins, higher capital intensity, and a business model valued on distribution efficiency and scale economics. These different profiles typically attract different institutional investors with different mandates. When two different business types are combined in a single company, neither profile can be optimized: the distribution business constrains the margin expansion trajectory of the products business, while the products business creates management distraction from the operational discipline required to run a high-efficiency distribution operation. Separation allows each business to attract the appropriate capital allocation, management incentive structure, and investor base - theoretically creating more total value than the combined entity captured. The dedicated investor days scheduled for both entities post-separation are commercially critical. Each company will need to establish an independent equity story - articulating its specific competitive advantages, growth strategy, financial targets, and capital return framework - to attract the institutional ownership needed to support a healthy market for its shares as a standalone entity. The recent Russell growth index additions are strategically timed relative to the spin-off. Passive fund exposure acquired before the spin-off will be allocated between the two successor entities based on the distribution mechanics of the separation, potentially creating new passive fund demand for whichever entity joins the relevant Russell growth index as a standalone company. FAQs. Q: What are the two companies being created by the Resideo spin-off? A: Resideo Technologies (NYSE: REZI) is separating into two independent companies: the continuing Resideo Technologies entity - a branded products company focused on HVAC controls, security, and home comfort products - and ADI Global Distribution, an independent products distribution business serving professional installers across security, AV, networking, and HVAC markets. Each will be independently publicly traded after the mid-July separation completes. Q: Why do spin-offs typically unlock value relative to the combined company? A: Spin-offs like Resideo Technologies' (NYSE: REZI) separation of ADI Global Distribution create value by allowing each business to attract institutional investors with appropriate mandates, optimizing capital allocation and management incentive structures for each business type, and enabling each company to be valued on its own specific financial metrics without the blending effect that combines their different margin and growth profiles into a single entity. Q: How do the Russell growth index inclusions affect the Resideo spin-off? A: Resideo Technologies' (NYSE: REZI) late-June additions to multiple Russell growth indexes increased the passive fund base holding the stock before the separation. When the spin-off completes, the passive fund exposure will be distributed between the two successor entities according to the separation mechanics, potentially creating new passive demand for the components that join relevant Russell index families as independent companies. Download Free Report - Explore 3 Stock Ideas & Industry Insights Unlock 3 stock ideas and key industry insights in its free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice. All investments involve risk - consider independent advice before making any investment decisions. Disclaimer: