Resideo

OverviewSuggest Edit

Resideo Technologies is a provider of home comfort and security solutions. It operates through Products & Solutions and ADI Global Distribution segments. The Products & Solutions segment consists of comfort, security, residential thermal (RTS) products and solutions. Its offerings include temperature and humidity control, thermal and combustion solutions, water and air solutions, as well as security panels, sensors, peripherals, wire and cable, communications devices, video cameras, awareness solutions, cloud infrastructure, installation and maintenance tools and related software. The ADI Global Distribution segment is a wholesale distributor of low-voltage security products including intrusion, access control and video products. It participates in the related markets of smart home, fire, power, audio, ProAV, networking, communications, wire and cable, enterprise connectivity, and structured wiring products.

TypePublic
Founded2018
HQAustin, TX, US
Websiteresideo.com
Employee Ratings3.8
Overall CultureF

Latest Updates

Employees (est.) (Dec 2020)14,700(+14%)
Job Openings362
Revenue (FY, 2020)$5.1 B(+2%)
Share Price (Jun 2022)$19.9(+2%)
Cybersecurity ratingBMore
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Key People/Management at Resideo

Jay L. Geldmacher

Jay L. Geldmacher

President, Chief Executive Officer, Director
Anthony L. Trunzo

Anthony L. Trunzo

Chief Financial Officer
Jeannine Lane

Jeannine Lane

Executive Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer
Steve Kelly

Steve Kelly

Executive Vice President, Chief Human Resources Officer
Phillip Theodore

Phillip Theodore

President, Products & Solutions
AnnMarie Geddes

AnnMarie Geddes

Vice President and Controller and Chief Accounting Officer
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Resideo Office Locations

Resideo has offices in Austin, Brookfield, Golden Valley, Melville and in 15 other locations
Austin, TX, US (HQ)
901 E 6th St
Brookfield, WI, US
3400 Intertech Dr Ste 200
Golden Valley, MN, US
1985 Douglas Dr N
Melville, NY, US
2 Corporate Center Dr
Pleasant Prairie, WI, US
7701 95th St
San Diego, CA, US
2055 Dublin Dr
Show all (20)

Resideo Financials and Metrics

Resideo Revenue

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View revenue for all periods
Resideo's revenue was reported to be $5.07 b in FY, 2020 which is a 1.7% increase from the previous period.
USD

Revenue (Q1, 2021)

1.4b

Gross profit (Q1, 2021)

368.0m

Gross profit margin (Q1, 2021), %

25.9%

Net income (Q1, 2021)

49.0m

EBIT (Q1, 2021)

130.0m

Market capitalization (17-Jun-2022)

2.9b

Closing stock price (17-Jun-2022)

19.9

Cash (3-Apr-2021)

508.0m

EV

3.6b
Resideo's current market capitalization is $2.9 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

4.8b5.0b5.1b

Revenue growth, %

3%2%

Cost of goods sold

3.5b3.8b3.8b

Gross profit

1.4b1.2b1.3b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.2b1.2b1.2b1.2b1.0b1.4b1.4b

Cost of goods sold

903.0m946.0m937.0m895.0m793.0m992.0m1.1b

Gross profit

313.0m296.0m289.0m284.0m236.0m370.0m368.0m

Gross profit Margin, %

26%24%24%24%23%27%26%
Annual
USDFY, 2019FY, 2019FY, 2020

Cash

265.0m122.0m517.0m

Accounts Receivable

821.0m817.0m863.0m

Inventories

628.0m671.0m672.0m

Current Assets

1.8b1.8b2.2b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

212.0m142.0m132.0m338.0m362.0m260.0m508.0m

Accounts Receivable

838.0m835.0m845.0m820.0m704.0m884.0m875.0m

Inventories

701.0m722.0m729.0m671.0m614.0m618.0m681.0m

Current Assets

1.9b1.8b1.8b2.0b1.8b1.9b2.2b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

405.0m36.0m37.0m

Depreciation and Amortization

66.0m80.0m86.0m

Inventories

(172.0m)(44.0m)19.0m

Accounts Payable

231.0m(38.0m)(1.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

48.0m37.0m45.0m(21.0m)(97.0m)(22.0m)49.0m

Depreciation and Amortization

16.0m36.0m55.0m21.0m42.0m64.0m23.0m

Inventories

(72.0m)(95.0m)(109.0m)(6.0m)58.0m64.0m(10.0m)

Accounts Payable

70.0m25.0m(23.0m)(1.0m)(109.0m)(62.0m)(15.0m)
USDFY, 2018

Revenue/Employee

371.3k

Debt/Equity

0.8 x

Debt/Assets

0.2 x

Financial Leverage

3.2 x
Show all financial metrics

Resideo Operating Metrics

Resideo's Customers was reported to be 6.7 m in FY, 2020.
FY, 2018FY, 2019FY, 2020

Distributors

3 k3 k3 k

Original Equipment Manufacturers

1.2 k1.2 k1.2 k

Customers

5.6 m6.7 m6.7 m

Professional Contractors

110 k110 k110 k

Resideo Acquisitions / Subsidiaries

Company NameDateDeal Size
Shoreview Distribution IncMay 06, 2021
Norfolk Wire & ElectronicsApril 01, 2021
LifeWhereJune 27, 2019
Buoy LabsMarch 28, 2019
Ackermann Limited
Ademco 1 B.V.
Ademco 1 GmbH
ADEMCO 1 LIMITED
Ademco 2 B.V.
Ademco 2 GmbH
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Resideo Revenue Breakdown

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Resideo revenue breakdown by business segment: 58.2% from ADI Global Distribution and 41.8% from Products & Solutions

Resideo revenue breakdown by geographic segment: 69.9% from United States, 22.1% from Europe and 8.0% from Other International

Human Capital Metrics

Source: sec.report
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Resideo Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Resideo Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Resideo Online and Social Media Presence

Embed Graph

Resideo Company Culture

  • Overall Culture

    F

    42/100

  • CEO Rating

    F

    50/100

  • Compensation

    D

    55/100

Learn more on Comparably

Resideo News and Updates

CPower to Bolster Grid Stability with Resideo and Google Nest

Beginning This Summer, Consumers Receive Incentives For Helping Form Grid-Balancing, Virtual Power Plants Through Their Personal Thermostats BALTIMORE , April 21, 2022 /PRNewswire/ -- Leading national energy solutions provider CPower Energy Management ("CPower") today announced an...

Resideo Completes Acquisition of First Alert, Inc.

SCOTTSDALE, Ariz., April 1, 2022 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products, today announced that it has completed the...

Entwistle & Cappucci LLP and Labaton Sucharow LLP Announce a Notice of Pendency and Proposed Settlement of Class Action in Resideo Technologies, Inc.

SEATTLE, Nov. 26, 2021 /PRNewswire/ -- UNITED STATES DISTRICT COURT DISTRICT OF MINNESOTA IN RE RESIDEO TECHNOLOGIES, INC. SECURITIES LITIGATION Case No. 19-cv-02863 (WMW/KMM) SUMMARY NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF CLASS ACTION AND MOTION FOR ATTORNEYS' FEES AND EXPENSES...

Resideo (REZI) Alert: Shareholder Class Action Survives in Part Motion to Dismiss; Should Management be Held Accountable for Investors Losses? Contact Johnson Fistel

SAN DIEGO, Sept. 28, 2021 /PRNewswire/ -- Johnson Fistel, LLP is investigating potential claims on behalf of Resideo Technologies, Inc. (the "Company" or "Resideo") (NYSE: REZI) against certain of its officers. According to the class action lawsuit, certain officers at Resideo committed...

GeoArm Releases the All-New Resideo ProSeries Wireless Security System

WEST PALM BEACH, Fla., Aug. 16, 2021 /PRNewswire/ -- The all-new Resideo ProSeries PROA7 and PROA7PLUS wireless smart security systems have just been released for sale at GeoArm. The ProSeries is the next generation of all-in-one wireless encrypted security control panels currently being...

Resideo Announces Pricing Of 4.000% Senior Unsecured Notes Due 2029

AUSTIN, Texas, Aug. 10, 2021 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE:REZI) (the "Company" or "Resideo") today announced that Resideo Funding Inc. (the "Issuer"), a direct wholly-owned subsidiary of the Company, has priced its private offering of $300 million aggregate principal...
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Resideo Frequently Asked Questions

  • When was Resideo founded?

    Resideo was founded in 2018.

  • Who are Resideo key executives?

    Resideo's key executives are Jay L. Geldmacher, Anthony L. Trunzo and Jeannine Lane.

  • How many employees does Resideo have?

    Resideo has 14,700 employees.

  • What is Resideo revenue?

    Latest Resideo annual revenue is $5.1 b.

  • What is Resideo revenue per employee?

    Latest Resideo revenue per employee is $345 k.

  • Who are Resideo competitors?

    Competitors of Resideo include ecobee, ADT and Brink's.

  • Where is Resideo headquarters?

    Resideo headquarters is located at 901 E 6th St, Austin.

  • Where are Resideo offices?

    Resideo has offices in Austin, Brookfield, Golden Valley, Melville and in 15 other locations.

  • How many offices does Resideo have?

    Resideo has 20 offices.