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Fortune Brands Home & Security
Fortune Brands Home & Security, headquartered in Deerfield, produces Moen, Master Lock, and Therma-Tru brands with over $4.6B in annual revenue.
Fortune Brands Home & Security
Fortune Brands Home & Security was spun off from Fortune Brands Inc. in 2011, focusing on home and security products. The company traces its roots to American Brands Inc., a conglomerate that restructured throughout the 20th century. Its wealth is generated from manufacturing and selling branded consumer goods to home improvement retailers, builders, and distributors worldwide. The firm allocates capital across three main segments: water (Moen, ROHL), outdoors (Therma-Tru Larson, Fiberon), and security (Master Lock, Yale under license). It targets residential and commercial construction markets, with revenue split roughly 50% from repair-remodel, 30% from new construction, and 20% from security products. Acquisitions are a primary deployment vector, including the purchase of Emtek, Schaub, and Yale residential locks for $115 million in 2020. With over 5,000 employees globally, the firm operates manufacturing and distribution facilities across North America, with a small European presence via the Yale brand. In 2023, it completed a $150 million share repurchase program, reflecting its capital-return posture alongside reinvestment. No philanthropic foundation is separately disclosed. Unlike pure investment vehicles, Fortune Brands Home & Security is an operating company that uses its cash flow to fund organic growth and acquisitions, with no external capital management mandate. Its structure as a traditional public corporation distinguishes it from family offices or asset managers.
General information
Firm type
other
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Deerfield
Corporate office
Deerfield, IL, United States
Additional offices
Menlo Park, CA, United States
Sector focus
Frequently asked questions
What products does Fortune Brands Home & Security produce?
The firm manufactures branded home and security products across three segments: water (Moen, ROHL), outdoor (Therma-Tru, Fiberon), and security (Master Lock, Yale under license). These are sold primarily through home improvement retailers, builders, and distributors.
Is Fortune Brands Home & Security a family office?
No, Fortune Brands Home & Security is a publicly traded operating company (NYSE: FBHS) with a market focus on home products. It is not structured as a family office or investment vehicle, though its capital allocation may resemble similar strategies.
How does the firm deploy capital?
The firm uses cash flow from operations to fund organic growth, strategic acquisitions, and share repurchases. For example, it acquired the Emtek and Schaub brands in 2020 for $115 million. It also returned capital to shareholders via a $150 million buyback program in 2023 (per public filings).
What sectors does Fortune Brands Home & Security serve?
It serves the residential construction, home improvement, and security sectors, with products ranging from plumbing fixtures and doors to locks and outdoor decking. The company is tied to US housing markets and economic cycles.
Where does the underlying wealth come from?
The company's wealth originates from its manufacturing and sales of branded consumer goods. As a public company, its value is derived from revenue generated by its portfolio of brands and operational efficiencies, not from a single family fortune.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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