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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›MBC›Financials
Annual statements · SEC XBRL · FY2021 – FY2025

MasterBrand, Inc. (MBC) financials

Income statement

MasterBrand, Inc. (MBC) income statement, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$2.86B$3.28B$2.73B$2.70B$2.73B
Revenue growth—14.7%-16.8%-0.9%1.3%
Gross profit$784M$941M$901M$877M$828M
Gross margin27.5%28.7%33.1%32.5%30.3%
Operating income$234M$203M$306M$236M$119M
Operating margin8.2%6.2%11.2%8.7%4.4%
Net income$183M$155M$182M$126M$26.7M
Net margin6.4%4.7%6.7%4.7%1.0%
EPS (diluted)$1.43$1.20$1.40$0.96$0.21

Cash flow

MasterBrand, Inc. (MBC) cash flow, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Operating cash flow$148M$236M$406M$292M$196M
Capital expenditures$51.6M$55.9M$57.3M$80.9M$78.2M
Free cash flow$96.6M$180M$348M$211M$118M
Share buybacks$0.00$0.00$22.0M$6.50M$18.1M

Balance sheet

MasterBrand, Inc. (MBC) balance sheet, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Cash & equivalents$141M$101M$149M$121M$183M
Total assets—$2.53B$2.38B$2.93B$3.10B
Total liabilities—$1.52B$1.19B$1.64B$1.76B
Long-term debt—$962M$690M$1.01B$975M
Shareholders' equity$2.45B$1.01B$1.19B$1.29B$1.34B
Retained earnings—$1.02B$1.20B$1.33B$1.36B
Shares (wtd avg diluted)128M129M130M131M129M

Every figure is extracted from MasterBrand, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is MasterBrand, Inc.'s annual revenue?
MasterBrand, Inc. (MBC) reported $2.73B of revenue for fiscal year 2025 — up 1.3% from $2.70B in FY2024, per its annual report filed with the SEC.
Is MasterBrand, Inc. profitable?
Yes — MBC earned $26.7M of net income in FY2025, a 1.0% net margin, per SEC filings.
What is MasterBrand, Inc.'s free cash flow?
$118M in FY2025 (operating cash flow $196M minus $78.2M of capital expenditures), from the SEC cash-flow statement.
Does MBC pay a dividend?
MasterBrand, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full MBC analysis — verdict, score & filings →Is MBC a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.