Resideo Technologies Inc
REZI
ISIN null / Valor 43797479
Resideo Technologies Inc
UMushroom community rating:
About company
Resideo Technologies Inc is a leading provider of whole-home solutions, offering a wide range of products including thermostats, security systems, water management systems, and energy management opportunities. The company also owns First Alert, a brand known for its reliable home safety products such as smoke and CO detectors, fire extinguishers, flood detectors, and home security systems. Additionally, Resideo operates ADI, a global wholesale distributor of access control, AV, fire, security, and smart home products with 200 locations in 17 countries.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (05.10.2025):
Resideo Technologies Inc reported strong financial results for the full year 2024, surpassing outlook expectations with robust revenue growth, record operating cash flow, and improved profitability. The company's fourth quarter of 2024 also demonstrated significant growth, continuing a trend of operational excellence.
Revenue Growth
Full year 2024 net revenue reached $6.76 billion, an 8% increase from $6.24 billion in 2023, driven by organic growth in both ADI and Products and Solutions segments, exceeding the high-end of the outlook range.
Record Operating Cash Flow
Cash provided from operating activities for the full year 2024 was $444 million, marking a new record and surpassing the projected outlook.
Profitability Metrics
Full year 2024 net income was $116 million, or $0.61 per fully diluted share. Adjusted EBITDA stood at $693 million and Adjusted EPS was $2.29, both of which exceeded the high-end of the outlook range.
Fourth Quarter Performance
The fourth quarter of 2024 saw net revenue growth of 21% year-over-year, outperforming the high-end of the outlook range.
Gross Margin Improvement
Products and Solutions gross margin for the fourth quarter was 40.8%, marking the seventh consecutive quarter of year-over-year improvement.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
4509 M
Market cap (USD)
2,699,983
Daily traded volume (Shares)
23.5 / 23.03
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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