Fortune Brands Innovations, Inc. is a prominent manufacturer of home and security products, focusing on the residential repair, remodeling, and new construction markets. The company operates through three reportable segments: Water Innovations, Outdoors, and Security. The Water Innovations segment, which is the company's largest revenue contributor, manufactures and sells faucets, accessories, kitchen sinks, and waste disposals under brands such as Moen, House of Rohl, and Aqualisa. The Outdoors segment provides outdoor living and entry-door products, including Therma-Tru doors, Larson storm doors, and Fiberon decking. The Security segment offers locks, safety and security devices, and electronic security products under brands like Master Lock, SentrySafe, Yale, and August.
In 2023, the company generated approximately $4.6 billion in total net sales. Fortune Brands Innovations primarily serves the North American market, though it has select international exposure, particularly in premium water products. The company distributes its products through a diverse array of channels, including home centers, hardware retailers, wholesalers, building product distributors, and specialty dealers. Following the 2022 spin-off of its MasterBrand Cabinets business, the company rebranded from Fortune Brands Home & Security to Fortune Brands Innovations, sharpening its focus on higher-margin, brand-led, and connected home products. The company's competitive position is supported by its strong brand recognition, continuous product innovation, and extensive distribution network.
