ADI Global Distribution
B · 2.80Spinoff of Resideo (REZI) · Distribution · Expected August 3-4, 2026
Leading North American security/low-voltage distributor, but the amended Form 10 discloses a 6.6% adjusted EBITDA margin, a $261M FY2025 net loss and ~$1.0B of separation debt
Snapshot Across Reports
| Jul 31, 2026 | May 31, 2026 | |
|---|---|---|
| Status | Upcoming | Upcoming |
| Investment Grade | B (2.80) | B |
| Revenue | $4.784B | ~$4.8B |
| Adj. EBITDA | $318M | Not disclosed |
| Adj. EBITDA Margin | 6.6% | Not disclosed |
| Debt at Separation | ~$1.0B (3.14x gross) | Not disclosed |
| Expected Date | August 3-4, 2026 | Mid-Q3–Q4 2026 |
⚠ Auto-generated profile — not editorially reviewed.
This summary is compiled automatically from our tracked report data. A reviewed in-depth analysis is planned. For further detail ▸ read the Jul 31, 2026 report.