Fortune Brands Innovations — Feb 11, 2026 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001193125-26-048775
Showing in the filing
EPS before charges / gains
“$3.35 to $3.65”
Period
FY2026
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 18
Water Innovations net sales for FY2026
“Flat to 2.0%”
EPS before charges / gains for FY2026
“$3.35 to $3.65”
Global market for FY2026
“Down low single digits”
U.S. market for FY2026
“Down low single digits”
China market for FY2026
“Down low double digits”
Operating margin before charges / gains for FY2026
“14.5% to 15.5%”
Cash flow from operations for FY2026
“$540 million to $560 million”
Free cash flow for FY2026
“$400 million to $450 million”
Water Innovations operating margin before ch… for FY2026
“22.0% to 23.0%”
Outdoors net sales for FY2026
“(0.5%) to 1.5%”
Outdoors operating margin before charges / g… for FY2026
“11.5% to 12.5%”
Security net sales for FY2026
“Flat to 3.0%”
Security operating margin before charges / g… for FY2026
“15.5% to 16.5%”
Corporate expense for FY2026
“$155 million to $165 million”
Interest Expense for FY2026
“$110 million to $115 million”
Capex for FY2026
“$110 million to $140 million”
Tax Rate for FY2026
“24.0% to 24.5%”
Share Count for FY2026
“120.0 million to 120.5 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
Further, we are taking actions to optimize our footprint and sharpen resource allocation towards our highest-growth opportunities, which should be visible as we exit the year and benefit our earnings trajectory into the future,” said Fortune Brands Chief Financial Officer Jon Baksht.
2026 Full-Year Guidance
TOTAL COMPANY FINANCIAL METRICS
Net sales
Flat to 2.0%
EPS before charges / gains
$3.35 to $3.65
2026 Market and Financial Assumptions
2026 Full-Year Assumptions
MARKET
Global market
Down low single digits
U.S. market
Down low single digits
U.S. R&R
Down low single digits
U.S. SFNC
Down mid single digits
China market
Down low double digits
TOTAL COMPANY FINANCIAL METRICS
Operating margin before charges / gains
14.5% to 15.5%
Cash flow from operations
$540 million to $560 million
Free cash flow
$400 million to $450 million
SEGMENT FINANCIAL METRICS
Water Innovations net sales
Flat to 2.0%
Water Innovations operating margin before charges / gains
22.0% to 23.0%
Outdoors net sales
(0.5%) to 1.5%
Outdoors operating margin before charges / gains
11.5% to 12.5%
Security net sales
Flat to 3.0%
Security operating margin before charges / gains
15.5% to 16.5%
OTHER ITEMS
Corporate expense
$155 million to $165 million
Interest expense
$110 million to $115 million
Capex
$110 million to $140 million
Tax rate
24.0% to 24.5%
Share count
120.0
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.