10 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 8.1% per year over the past 5 years.
Operating margin has expanded, at 8.1% in the latest year.
Financial health
Total debt ($3.2B) exceeds cash ($661M); net debt is $2.6B.
Total debt has grown faster than revenue (22.7% vs 8.1% per year).
Operating income covered interest expense 4.5× in the latest year.
Total debt is 4.0× EBITDA.
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$7.5B
-$527M
29.4%
8.1%
-$1.3B
$3.2B
$661M
2024
$6.8B
$116M
28.1%
7.7%
$364M
$2.0B
$692M
2023
$6.2B
$210M
27.2%
8.8%
$335M
$1.4B
$636M
2022
$6.4B
$283M
27.7%
9.6%
$67M
$1.4B
$326M
2021
$5.8B
$242M
27.1%
9.6%
$252M
$1.2B
$775M
2020
$5.1B
$37M
26.5%
6.1%
$174M
$1.2B
$517M
2019
$5.0B
$36M
25.6%
5.2%
—
$1.2B
$122M
2018
$4.8B
$405M
29.5%
10.2%
$398M
$1.2B
$265M
2017
$4.5B
-$394M
29.1%
9.8%
-$12M
—
$56M
2016
$4.5B
$177M
30.6%
11.9%
$91M
—
$47M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Apr '26
$1.9B
$38M
28.8%
5.3%
-$181M
$3.2B
$438M
Dec '25
$1.9B
$136M
29.6%
7.4%
$262M
$3.2B
$661M
Sep '25
$1.9B
$156M
29.8%
8.3%
-$1.6B
$3.2B
$345M
Jun '25
$1.9B
-$825M
29.3%
9.1%
$180M
$2.0B
$753M
Mar '25
$1.8B
$6M
28.9%
7.7%
-$96M
$2.0B
$577M
Dec '24
$1.9B
$23M
28.5%
7.8%
$181M
$2.0B
$692M
Sep '24
$1.8B
$20M
28.7%
6.9%
$125M
$2.0B
$531M
Jun '24
$1.6B
$30M
28.1%
7.7%
$77M
$2.0B
$413M
Mar '24
$1.5B
$43M
26.9%
8.6%
-$19M
$1.4B
$603M
Dec '23
$1.5B
$82M
27.5%
9.6%
$232M
$1.4B
$636M
Sep '23
$1.6B
$21M
26.8%
7.0%
$35M
$1.4B
$368M
Jul '23
$1.6B
$50M
27.2%
9.6%
$92M
$1.4B
$381M
Apr '23
$1.5B
$57M
27.0%
8.9%
-$24M
$1.4B
$292M
Dec '22
$1.6B
$39M
27.6%
6.3%
$88M
$1.4B
$326M
Oct '22
$1.6B
$63M
26.6%
9.6%
$27M
$1.4B
$252M
Jul '22
$1.7B
$94M
27.7%
11.0%
$30M
$1.4B
$251M
Apr '22
$1.5B
$87M
29.1%
11.4%
-$78M
$1.4B
$244M
Dec '21
$1.5B
$67M
27.6%
9.7%
$97M
$1.2B
$775M
Oct '21
$1.5B
$68M
28.1%
11.2%
$91M
$1.2B
$686M
Jul '21
$1.5B
$58M
26.1%
8.2%
—
$1.2B
$579M
Valuation over time
How the market has priced REZI against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 9.8× (Mar '23) to 43.1× (Nov '25).
The price-to-sales ratio has risen from 0.4× (Mar '23) to 0.7× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is REZI growing its revenue and profit?
Over the past 5 years, Resideo Technologies, Inc.'s revenue has grown 8.1% per year. These are computed facts, not advice.
How much debt does REZI have?
As of FY2025, Resideo Technologies, Inc. reported $3.2B of total debt against $661M of cash; operating income covered interest expense 4.5×.
What is REZI's profit margin?
In FY2025, gross margin was 29.4%, operating margin 8.1%, and net margin -7.1%.
What is REZI's P/E ratio?
As of Jun '26, Resideo Technologies, Inc. traded at a price-to-earnings ratio of about 43.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.