Resideo TECHNOLOGIES, Inc. (REZI) intrinsic value & 10-year financials
Resideo TECHNOLOGIES, Inc. (REZI) has a Graham intrinsic value of $10.69 per share. At $16.46 on Oct 17, 2026, the stock trades 54% above that value. Over the last 10 fiscal years revenue grew 5.9% a year to $7.5B, with an average return on invested capital of 10.8%.
- Graham intrinsic value
- $10.69
- Share price (Oct 17, 2026)
- $16.46
- Price vs Graham value
- 54% above
- Market cap
- $2.5B
- Revenue (FY2025)
- $7.5B
- Revenue growth (10-yr CAGR)
- 5.9%
- ROIC (10-yr avg)
- 10.8%
- Free cash flow (FY2025)
- -$1.3B
REZI 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $7.5B | -$527.0M | -$3.77 | -$1.3B | 8.1% | 11.5% |
| FY2024 | $6.8B | $116.0M | $0.61 | $364.0M | 7.7% | 6.4% |
| FY2023 | $6.2B | $210.0M | $1.42 | $335.0M | 8.8% | 9.8% |
| FY2022 | $6.4B | $283.0M | $1.90 | $67.0M | 9.6% | 12.5% |
| FY2021 | $5.8B | $242.0M | $1.63 | $252.0M | 9.6% | 13.8% |
| FY2020 | $5.1B | $37.0M | $0.29 | $174.0M | 6.1% | 5.6% |
| FY2019 | $5.0B | $36.0M | $0.29 | — | 5.2% | 5.0% |
| FY2018 | $4.8B | $405.0M | $3.30 | $398.0M | 11.0% | 21.4% |
| FY2017 | $4.5B | -$394.0M | -$3.22 | -$12.0M | 10.7% | — |
| FY2016 | $4.5B | $177.0M | $1.44 | $91.0M | 11.9% | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
RESIDEO TECHNOLOGIES, INC. has demonstrated mature, steady growth, with revenue compounding at 5.9% annually over the past decade.
RESIDEO TECHNOLOGIES, INC. returns on capital have been average, hovering around 10.8% ROIC over the decade.
RESIDEO TECHNOLOGIES, INC. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, RESIDEO TECHNOLOGIES, INC. is modeled at 5.9% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $10.69 per share.