MasterBrand Inc Financials
MasterBrand Inc (MBC) reported $2.7B in revenue for fiscal year 2025, up 1.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Steady sales are no longer covering an expanding cost and interest burden, leaving cash flow healthier than reported profit.
Cash earnings are holding up better than reported earnings: in FY2025, operating cash flow was$195.7M versus net income of$26.7M , helped by receivables shrinking since FY2023. That gap matters because the interest burden reached$74.1M , so financing costs and working-capital release now shape results more than top-line movement.
Sales have stayed clustered near
Short-term liquidity looks serviceable with a current ratio of 1.7x, so near-term obligations do not appear to be the main constraint. But
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of MasterBrand Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
MasterBrand Inc has an operating margin of 4.3%, meaning the company retains $4 of operating profit per $100 of revenue. This results in a moderate score of 63/100, indicating healthy but not exceptional operating efficiency. This is down from 8.7% the prior year.
MasterBrand Inc's revenue grew a modest 1.3% year-over-year to $2.7B. This slow but positive growth earns a score of 32/100.
MasterBrand Inc has elevated debt relative to equity (D/E of 0.72), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 16/100, reflecting increased financial risk.
MasterBrand Inc's current ratio of 1.67 indicates adequate short-term liquidity, earning a score of 48/100. The company can meet its near-term obligations, though with limited headroom.
MasterBrand Inc has a free cash flow margin of 4.3%, earning a moderate score of 57/100. The company generates positive cash flow after capital investments, but with room for improvement.
MasterBrand Inc's ROE of 2.0% shows moderate profitability relative to equity, earning a score of 62/100. This is down from 9.7% the prior year.
MasterBrand Inc scores 2.36, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
MasterBrand Inc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, MasterBrand Inc generates $7.33 in operating cash flow ($195.7M OCF vs $26.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
MasterBrand Inc earns $1.61 in operating income for every $1 of interest expense ($119.0M vs $74.1M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
MasterBrand Inc generated $2.7B in revenue in fiscal year 2025. This represents an increase of 1.3% from the prior year.
MasterBrand Inc's EBITDA was $212.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 32.1% from the prior year.
MasterBrand Inc reported $26.7M in net income in fiscal year 2025. This represents a decrease of 78.8% from the prior year.
MasterBrand Inc earned $0.21 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 78.1% from the prior year.
Cash & Balance Sheet
MasterBrand Inc generated $117.5M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 44.3% from the prior year.
MasterBrand Inc held $183.3M in cash against $974.5M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
MasterBrand Inc's gross margin was 30.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.2 percentage points from the prior year.
MasterBrand Inc's operating margin was 4.3% in fiscal year 2025, reflecting core business profitability. This is down 4.4 percentage points from the prior year.
MasterBrand Inc's net profit margin was 1.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 3.7 percentage points from the prior year.
MasterBrand Inc's ROE was 2.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 7.7 percentage points from the prior year.
Capital Allocation
MasterBrand Inc spent $18.1M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 178.5% from the prior year.
MasterBrand Inc invested $78.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 3.3% from the prior year.
Not reported for fiscal year 2025.
MBC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|---|
| Revenue | $2.8B | $2.7B+1.3% | $2.7B-0.9% | $2.7B-16.8% | $3.3B+14.7% | $2.9B |
| Cost of Revenue | $2.0B | $1.9B+4.6% | $1.8B-0.1% | $1.8B-21.9% | $2.3B+12.7% | $2.1B |
| Gross Profit | $747.8M | $827.6M-5.6% | $877.0M-2.7% | $901.4M-4.2% | $940.5M+20.0% | $783.9M |
| SG&A Expenses | $727.0M | $667.8M+10.7% | $603.1M+5.9% | $569.7M-12.2% | $648.5M+22.9% | $527.6M |
| Operating Income | -$31.7M | $119.0M-49.5% | $235.7M-23.0% | $306.3M+50.7% | $203.3M-13.2% | $234.3M |
| Interest Expense | $75.0M | $74.1M+0.1% | $74.0M+13.5% | $65.2M+2863.6% | $2.2M | $0 |
| Income Tax | -$7.7M | $19.6M-53.8% | $42.4M-25.2% | $56.7M-2.2% | $58.0M+4.1% | $55.7M |
| Net Income | -$96.9M | $26.7M-78.8% | $125.9M-30.8% | $182.0M+17.1% | $155.4M-14.9% | $182.6M |
| EPS (Diluted) | — | $0.21-78.1% | $0.96-31.4% | $1.40+16.7% | $1.20-16.1% | $1.43 |
Not reported in any period shown, so not listed: R&D Expenses.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
MBC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|
| Total Assets | $3.1B+5.8% | $2.9B+23.0% | $2.4B-5.8% | $2.5B | N/A |
| Current Assets | $695.9M+6.9% | $650.7M-3.9% | $677.2M-18.4% | $830.0M | N/A |
| Cash & Equivalents | $183.3M+52.0% | $120.6M-18.9% | $148.7M+47.1% | $101.1M-28.5% | $141.4M |
| Inventory | $269.1M-2.6% | $276.4M+10.6% | $249.8M-33.0% | $373.1M | N/A |
| Accounts Receivable | $150.4M-21.3% | $191.0M-5.9% | $203.0M-29.9% | $289.6M | N/A |
| Goodwill | $1.1B+0.2% | $1.1B+21.7% | $925.1M+0.1% | $924.2M-0.2% | $926.2M |
| Total Liabilities | $1.8B+7.4% | $1.6B+37.6% | $1.2B-21.9% | $1.5B | N/A |
| Current Liabilities | $415.7M+5.1% | $395.4M+13.2% | $349.4M-15.0% | $411.1M | N/A |
| Long-Term Debt | $974.5M-3.3% | $1.0B+46.0% | $690.2M-28.2% | $961.5M | N/A |
| Total Equity | $1.3B+3.9% | $1.3B+8.5% | $1.2B+18.3% | $1.0B-58.9% | $2.5B |
| Retained Earnings | $1.4B+2.0% | $1.3B+10.5% | $1.2B+17.8% | $1.0B | N/A |
MBC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $148.1M | $195.7M-33.0% | $292.0M-28.0% | $405.6M+72.2% | $235.6M+59.0% | $148.2M |
| Capital Expenditures | $73.7M | $78.2M-3.3% | $80.9M+41.2% | $57.3M+2.5% | $55.9M+8.3% | $51.6M |
| Free Cash Flow | $74.4M | $117.5M-44.3% | $211.1M-39.4% | $348.3M+93.8% | $179.7M+86.0% | $96.6M |
| Investing Cash Flow | -$403.5M | -$74.4M+87.2% | -$580.8M-920.7% | -$56.9M-1.8% | -$55.9M-8.5% | -$51.5M |
| Financing Cash Flow | $372.9M | -$65.7M-124.4% | $269.6M+189.9% | -$299.9M-39.3% | -$215.3M-96.3% | -$109.7M |
| Share Buybacks | $0 | $18.1M+178.5% | $6.5M-70.5% | $22.0M | $0 | $0 |
Not reported in any period shown, so not listed: Dividends Paid.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
MBC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|
| Gross Margin | 30.3%-2.2pp | 32.5%-0.6pp | 33.1%+4.3pp | 28.7%+1.3pp | 27.5% |
| Operating Margin | 4.3%-4.4pp | 8.7%-2.5pp | 11.2%+5.0pp | 6.2%-2.0pp | 8.2% |
| Net Margin | 1.0%-3.7pp | 4.7%-2.0pp | 6.7%+1.9pp | 4.7%-1.7pp | 6.4% |
| Return on Equity | 2.0%-7.7pp | 9.7%-5.5pp | 15.3%-0.2pp | 15.4%+8.0pp | 7.4% |
| Return on Assets | 0.9%-3.4pp | 4.3%-3.3pp | 7.6%+1.5pp | 6.1% | N/A |
| Current Ratio | 1.670.0x | 1.65-0.3x | 1.94-0.1x | 2.02 | N/A |
| Debt-to-Equity | 0.72-0.1x | 0.78+0.2x | 0.58-0.4x | 0.95 | N/A |
| FCF Margin | 4.3%-3.5pp | 7.8%-5.0pp | 12.8%+7.3pp | 5.5%+2.1pp | 3.4% |
Similar Companies
Where MasterBrand Inc Ranks
Frequently Asked Questions
What is MasterBrand Inc's annual revenue?
MasterBrand Inc (MBC) reported $2.7B in total revenue for fiscal year 2025. This represents a 1.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is MasterBrand Inc's revenue growing?
MasterBrand Inc (MBC) revenue grew by 1.3% year-over-year, from $2.7B to $2.7B in fiscal year 2025.
Is MasterBrand Inc profitable?
Yes, MasterBrand Inc (MBC) reported a net income of $26.7M in fiscal year 2025, with a net profit margin of 1.0%.
What is MasterBrand Inc's EBITDA?
MasterBrand Inc (MBC) had EBITDA of $212.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does MasterBrand Inc have?
As of fiscal year 2025, MasterBrand Inc (MBC) had $183.3M in cash and equivalents against $974.5M in long-term debt.
What is MasterBrand Inc's gross margin?
MasterBrand Inc (MBC) had a gross margin of 30.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is MasterBrand Inc's operating margin?
MasterBrand Inc (MBC) had an operating margin of 4.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is MasterBrand Inc's net profit margin?
MasterBrand Inc (MBC) had a net profit margin of 1.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is MasterBrand Inc's return on equity (ROE)?
MasterBrand Inc (MBC) has a return on equity of 2.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is MasterBrand Inc's free cash flow?
MasterBrand Inc (MBC) generated $117.5M in free cash flow during fiscal year 2025. This represents a -44.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is MasterBrand Inc's operating cash flow?
MasterBrand Inc (MBC) generated $195.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are MasterBrand Inc's total assets?
MasterBrand Inc (MBC) had $3.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What are MasterBrand Inc's capital expenditures?
MasterBrand Inc (MBC) invested $78.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is MasterBrand Inc's current ratio?
MasterBrand Inc (MBC) had a current ratio of 1.67 as of fiscal year 2025, which is generally considered healthy.
What is MasterBrand Inc's debt-to-equity ratio?
MasterBrand Inc (MBC) had a debt-to-equity ratio of 0.72 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is MasterBrand Inc's return on assets (ROA)?
MasterBrand Inc (MBC) had a return on assets of 0.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is MasterBrand Inc's Altman Z-Score?
MasterBrand Inc (MBC) has an Altman Z-Score of 2.36, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is MasterBrand Inc's Piotroski F-Score?
MasterBrand Inc (MBC) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are MasterBrand Inc's earnings high quality?
MasterBrand Inc (MBC) has an earnings quality ratio of 7.33x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can MasterBrand Inc cover its interest payments?
MasterBrand Inc (MBC) has an interest coverage ratio of 1.61x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is MasterBrand Inc?
MasterBrand Inc (MBC) scores 46 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.