InsiderClue
Stocks · Consumer discretionary · Wood Household Furniture, (No Upholstered)

MasterBrand, Inc.

MBC Clue Score39
United States Fiscal year ends December CIK 0001941365
$6.61 -4.62% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $6.61 −42.62% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 9 Dec 2022. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2021Revenue2,855.3Operating income234.3Net income182.6EPS, diluted1.43Fiscal year 2022Revenue3,275.5 +14.7%Operating income203.3Net income155.4 −14.9%EPS, diluted1.20 −16.1%Fiscal year 2023Revenue2,726.2 −16.8%Operating income306.3Net income182.0 +17.1%EPS, diluted1.40 +16.7%Fiscal year 2024Revenue2,700.4 −0.9%Operating income235.7Net income125.9 −30.8%EPS, diluted0.96 −31.4%Fiscal year 2025Revenue2,734.7 +1.3%Operating income119.0Net income26.7 −78.8%EPS, diluted0.21 −78.1%
FY2021FY2022FY2023FY2024FY2025
Revenue 2,855.3 3,275.5 2,726.2 2,700.4 2,734.7
Growth +14.7% −16.8% −0.9% +1.3%
Operating income 234.3 203.3 306.3 235.7 119.0
Net income 182.6 155.4 182.0 125.9 26.7
Growth −14.9% +17.1% −30.8% −78.8%
EPS, diluted 1.43 1.20 1.40 0.96 0.21
Growth −16.1% +16.7% −31.4% −78.1%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2021Gross margin27.5%Operating margin8.2%Net margin6.4%Free cash flow margin3.4%Fiscal year 2022Gross margin28.7%Operating margin6.2%Net margin4.7%Free cash flow margin5.5%Fiscal year 2023Gross margin33.1%Operating margin11.2%Net margin6.7%Free cash flow margin12.8%Fiscal year 2024Gross margin32.5%Operating margin8.7%Net margin4.7%Free cash flow margin7.8%Fiscal year 2025Gross margin30.3%Operating margin4.4%Net margin1.0%Free cash flow margin4.3%
FY2021FY2022FY2023FY2024FY2025
Gross margin 27.5% 28.7% 33.1% 32.5% 30.3%
Operating margin 8.2% 6.2% 11.2% 8.7% 4.4%
Net margin 6.4% 4.7% 6.7% 4.7% 1.0%
Free cash flow margin 3.4% 5.5% 12.8% 7.8% 4.3%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2021Operating cash flow148.2Capital expenditure−51.6Free cash flow96.6Buybacks0.0Fiscal year 2022Operating cash flow235.6Capital expenditure−55.9Free cash flow179.7 +86.0%Buybacks0.0Fiscal year 2023Operating cash flow405.6Capital expenditure−57.3Free cash flow348.3 +93.8%Buybacks−22.0Fiscal year 2024Operating cash flow292.0Capital expenditure−80.9Free cash flow211.1 −39.4%Buybacks−6.5Fiscal year 2025Operating cash flow195.7Capital expenditure−78.2Free cash flow117.5 −44.3%Buybacks−18.1
FY2021FY2022FY2023FY2024FY2025
Operating cash flow 148.2 235.6 405.6 292.0 195.7
Capital expenditure −51.6 −55.9 −57.3 −80.9 −78.2
Free cash flow 96.6 179.7 348.3 211.1 117.5
Growth +86.0% +93.8% −39.4% −44.3%
Buybacks 0.0 0.0 −22.0 −6.5 −18.1

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2021Cash141.4Shareholders’ equity2,453.8Fiscal year 2022Cash101.1Total debt979.0Net cash (debt)−877.9Shareholders’ equity1,009.2Debt to equity0.97Fiscal year 2023Cash148.7Total debt707.8Net cash (debt)−559.1Shareholders’ equity1,193.8Debt to equity0.59Fiscal year 2024Cash120.6Total debt1,007.8Net cash (debt)−887.2Shareholders’ equity1,294.7Debt to equity0.78Fiscal year 2025Cash183.3Total debt974.5Net cash (debt)−791.2Shareholders’ equity1,344.6Debt to equity0.72
FY2021FY2022FY2023FY2024FY2025
Cash 141.4 101.1 148.7 120.6 183.3
Total debt n/a 979.0 707.8 1,007.8 974.5
Net cash (debt) n/a −877.9 −559.1 −887.2 −791.2
Shareholders’ equity 2,453.8 1,009.2 1,193.8 1,294.7 1,344.6
Debt to equity n/a 0.97 0.59 0.78 0.72

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2021 26 Dec 2021 FY2022 25 Dec 2022 FY2023 31 Dec 2023 FY2024 29 Dec 2024 FY2025 28 Dec 2025
Revenue and profit
2,855.3 3,275.5 2,726.2 2,700.4 2,734.7
Growth +14.7% −16.8% −0.9% +1.3%
2,071.4 2,335.0 1,824.8 1,823.4 1,907.1
783.9 940.5 901.4 877.0 827.6
Growth +20.0% −4.2% −2.7% −5.6%
527.6 648.5 569.7 603.1 667.8
234.3 203.3 306.3 235.7 119.0
Growth −13.2% +50.7% −23.0% −49.5%
238.3 213.4 238.7 168.3 46.3
55.7 58.0 56.7 42.4 19.6
182.6 155.4 182.0 125.9 26.7
Growth −14.9% +17.1% −30.8% −78.8%
Per share
1.43 1.21 1.42 0.99 0.21
1.43 1.20 1.40 0.96 0.21
Growth −16.1% +16.7% −31.4% −78.1%
128.0 128.0 127.8 127.1 127.0
128.0 129.1 129.9 130.9 129.2
Growth +0.9% +0.6% +0.8% −1.3%

Five years in brief

Worked out from the figures above, not from a press release
  • Profitable in every one of the 5 years on file.