Forensic Analysis · General / Diversified · as of Jun 27, 2026
RESIDEO TECHNOLOGIES, INC. (REZI)
A forensic read on RESIDEO TECHNOLOGIES, INC. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
C · Mixed — selective
Forensic grade
Grey Zone
Financial health
2.4
Altman Z-score
Clean
Earnings quality
4
Forensic signals
-17.6%
ROE
$4.7B
Market cap
0.75%
Dividend yield
RESIDEO TECHNOLOGIES, INC. earns a C (Mixed — selective) forensic quality grade, and its Altman Z-score is 2.4, placing it in the Grey zone. 4 forensic signals were flagged in its latest SEC filings, led by shareholder returns — halted.
What the filings flag
stoppedShareholder returns — halted.Capital returns have STOPPED — $1M of buybacks + dividends in FY2024, but ~$0 in FY2025. A halt usually means the company is conserving cash; understand why before reading it as neutral.
+16.6%Accruals ratio.Net operating assets grew +16.6% relative to their average in FY2025 — the accrual component of earnings. Accruals are building faster than is comfortable — part of profit sits in receivables, inventory or capitalized costs rather than cash. The cash-flow cross-check agrees: reported earnings ran ahead of operating cash by +12% of net operating assets.
8%Return on invested capital.Return on invested capital is 8% and steady — around its ~9% cost of capital, so growth is roughly value-neutral — watch the trend.
+0.0%/yrShare-count dilution.Diluted share count changed +0% over the last 3 years to FY2025 (+0.0%/yr). Roughly flat — buybacks are about offsetting stock comp, not shrinking the count. Per-share value isn't being meaningfully helped or hurt by the count.
Key fundamentals
Net Margin-7.1%
Debt / Equity1.09x
Free Cash Flow$-1.25B
Latest Revenue$7.47B
Return on Equity-18.1%
Revenue Growth YoY+10.5%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on RESIDEO TECHNOLOGIES, INC.:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about REZI's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown