Fortune Brands Innovations, Inc. (FBHS) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Non-US	959.4	1,078.4	846.5
Outdoors & Security					1,183.2
Cabinets					2,418.6	2,467.1	2,397.8	2,173.4
Other	3,763.6	961.5	1,355.6		1,883.3	2,816.2	2,587.1	2,406.0
Total revenues	4,723.0	2,039.9	2,202.1	5,764.6	5,485.1	5,283.3	4,984.9	4,579.4
Revenue growth [+]	131.5%	-7.4%	-61.8%	5.1%	3.8%	6.0%	8.9%	14.1%
Non-US	-11.0%	27.4%
Cabinets					-2.0%	2.9%	10.3%	21.6%
Plumbing					9.4%	12.1%	8.5%	6.3%
Cost of goods sold	2,790.1	2,840.6	2,157.4	3,712.2	3,525.7	3,358.3	3,188.8	2,997.5
Gross profit	1,932.9	-800.7	44.7	2,052.4	1,959.4	1,925.0	1,796.1	1,581.9
Gross margin	40.9%	-39.3%	2.0%	35.6%	35.7%	36.4%	36.0%	34.5%
Selling, general and administrative	26.8	9.8	8.7	22.2	1,241.4	1,196.9	1,135.5	1,047.6
Other operating expenses	1,212.2	-1,541.7	-478.5	-22.2	-35.4	-18.5	28.1	21.6
EBITDA [+]					866.9	845.2	755.2	627.8
EBITDA growth	-5.1%	42.1%	-74.9%	136.8%	2.6%	11.9%	20.3%	23.3%
EBITDA margin	14.7%	35.8%	23.4%	35.6%	15.8%	16.0%	15.1%	13.7%
Depreciation	-48.3	-31.5	-10.8	-41.4	113.5	98.6	94.6	93.5
EBITA	742.2	762.7	525.3	2,093.8	753.4	746.6	660.6	534.3
EBITA margin	15.7%	37.4%	23.9%	36.3%	13.7%	14.1%	13.3%	11.7%
Amortization of intangibles	48.3	31.5	10.8	41.4	36.1	31.7	28.1	21.6
EBIT [+]	693.9	731.2	514.5	2,052.4	717.3	714.9	632.5	512.7
EBIT growth	-5.1%	42.1%	-74.9%	186.1%	0.3%	13.0%	23.4%	24.9%
EBIT margin	14.7%	35.8%	23.4%	35.6%	13.1%	13.5%	12.7%	11.2%
Non-recurring items [+]	26.8	9.8	8.7	22.2	122.1	32.4	13.9	16.6
Asset impairment					62.6	3.2
Loss (gain) on sale of business						2.4
Interest expense					74.5	49.4	49.1	31.9
Interest expense	119.2	84.3	83.8	94.2	74.5	49.4	49.1	31.9
Other income (expense), net	119.2	89.3	77.2	-1,360.7	16.3	1.7	12.6	-4.3
Pre-tax income	667.1	726.4	499.2	575.3	537.0	634.8	582.1	459.9
Income taxes	127.2	166.7	110.8	144.0	147.0	159.5	169.7	153.4
Tax rate	19.1%	22.9%	22.2%	25.0%	27.4%	25.1%	29.2%	33.4%
Minority interest					0.2	0.1		0.5
Earnings from continuing ops	686.7	772.4	553.1	431.9	389.8	950.5	412.4	306.0
Earnings from discontinued ops	146.8	212.7	173.6		-0.2	-2.6	0.8	9.0
Net income	686.7	772.4	553.1	431.9	389.6	947.9	413.2	315.0
Net margin	14.5%	37.9%	25.1%	7.5%	7.1%	17.9%	8.3%	6.9%

Basic EPS [+]	$5.27	$5.62	$3.99	$3.09	$2.70	$6.20	$2.67	$1.92
Growth	-6.2%	40.9%	29.2%	14.5%	-56.6%	132.1%	39.3%	-43.1%
Diluted EPS [+]	$5.23	$5.54	$3.95	$3.06	$2.66	$6.10	$2.61	$1.88
Growth	-5.5%	40.3%	29.1%	14.8%	-56.4%	133.4%	39.2%	-42.8%

Dividends per share [+]	$1.07	$1.06	$0.98	$0.90	$0.82	$0.74	$0.66	$0.58
Growth	0.9%	8.2%	8.9%	9.8%	10.8%	12.1%	13.8%	16.0%

Shares outstanding (basic) [+]	130.3	137.5	138.7	139.9	144.6	153.2	154.3	159.5
Growth	-5.2%	-0.9%	-0.9%	-3.3%	-5.6%	-0.7%	-3.3%	-1.4%
Shares outstanding (diluted) [+]	131.3	139.5	140.2	141.3	146.4	155.8	157.8	163.0
Growth	-5.9%	-0.5%	-0.8%	-3.5%	-6.0%	-1.3%	-3.2%	-2.0%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.