MBC · Masterbrand, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $618.00M | - | $698.90M | $730.90M | $660.30M | - | $718.10M | $676.50M | $638.10M | - |
| Cost of Revenue | $461.40M | - | $480.70M | $491.20M | $458.10M | - | $480.10M | $445.50M | $433.40M | - |
| Gross Profit | $156.60M | - | $218.20M | $239.70M | $202.20M | - | $238.00M | $231.00M | $204.70M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $155.90M | - | $167.50M | $159.40M | $154.00M | - | $166.30M | $146.70M | $137.80M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $16.30M | - | - | - | $16.40M | - | - | - | $12.20M | - |
| Operating Income | ($18.50M) | - | $41.70M | $67.30M | $37.10M | - | $57.60M | $77.80M | $62.80M | - |
| Interest Expense | $18.40M | - | $18.20M | $18.90M | $19.40M | - | $20.00M | $20.60M | $14.10M | - |
| Income Tax | ($20.70M) | - | $5.30M | $11.70M | $4.00M | - | $10.30M | $14.80M | $11.50M | - |
| Net Income | ($15.40M) | - | $18.10M | $37.30M | $13.30M | - | $29.10M | $45.30M | $37.50M | - |
| EPS - Basic | ($0.12) | - | $0.14 | $0.29 | $0.10 | - | $0.23 | $0.36 | $0.30 | - |
| EPS - Diluted | ($0.12) | - | $0.14 | $0.29 | $0.10 | - | $0.22 | $0.35 | $0.29 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $138.40M | $183.30M | $114.80M | $120.10M | $113.50M | $120.60M | $108.40M | $189.40M | $153.70M | $148.70M |
| Accounts Receivable | $217.70M | $150.40M | $218.40M | $218.80M | $221.10M | $191.00M | $216.10M | $213.50M | $224.40M | $203.00M |
| Inventory | $271.70M | $269.10M | $272.40M | $277.00M | $288.70M | $276.40M | $299.40M | $270.00M | $247.90M | $249.80M |
| Accounts Payable | $175.10M | $203.70M | $182.50M | $176.70M | $182.40M | $180.70M | $175.30M | $173.60M | $163.60M | $151.40M |
| Current Assets | $734.90M | $695.90M | $690.00M | $689.70M | $689.10M | $650.70M | $686.90M | $745.30M | $702.50M | $677.20M |
| Total Assets | $3.12B | $3.10B | $3.00B | $2.96B | $2.96B | $2.93B | $2.96B | $2.43B | $2.40B | $2.38B |
| Current Liabilities | $353.90M | $415.70M | $369.90M | $368.60M | $362.50M | $395.40M | $378.40M | $332.20M | $340.40M | $349.40M |
| Long-term Debt | $1.08B | $974.50M | $954.10M | $998.70M | $1.06B | $1.01B | $1.06B | $688.90M | $681.10M | $690.20M |
| Total Liabilities | $1.80B | $1.76B | $1.62B | $1.60B | $1.65B | $1.64B | $1.67B | $1.17B | $1.17B | $1.19B |
| Stockholders' Equity | $1.32B | $1.34B | $1.38B | $1.36B | $1.31B | $1.29B | $1.29B | $1.26B | $1.23B | $1.19B |
| Retained Earnings | $1.34B | $1.36B | $1.40B | $1.38B | $1.34B | $1.33B | $1.32B | $1.29B | $1.24B | $1.20B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($133.00M) | - | - | - | ($31.40M) | - | - | - | $18.70M | - |
| Investing Cash Flow | ($13.00M) | - | - | - | ($9.80M) | - | - | - | ($7.00M) | - |
| Financing Cash Flow | $101.60M | - | - | - | $33.50M | - | - | - | ($7.10M) | - |
| CapEx | $13.20M | - | - | - | $9.80M | - | - | - | $7.00M | - |
| Free Cash Flow | ($146.20M) | - | - | - | ($41.20M) | - | - | - | $11.70M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 25.3% | - | 31.2% | 32.8% | 30.6% | - | 33.1% | 34.1% | 32.1% | - |
| Operating margin | -3.0% | - | 6.0% | 9.2% | 5.6% | - | 8.0% | 11.5% | 9.8% | - |
| EBITDA margin | -0.4% | - | - | - | 8.1% | - | - | - | 11.8% | - |
| Net margin | -2.5% | - | 2.6% | 5.1% | 2.0% | - | 4.1% | 6.7% | 5.9% | - |
| Free cash flow margin | -23.7% | - | - | - | -6.2% | - | - | - | 1.8% | - |
| FCF / Net income | 9.49 | - | - | - | -3.10 | - | - | - | 0.31 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 25.2% | - | 24.0% | 21.8% | 23.3% | - | 23.2% | 21.7% | 21.6% | - |
| Effective tax rate | - | - | 22.6% | 23.9% | 23.1% | - | 26.1% | 24.6% | 23.5% | - |
| Return on assets | -0.5% | - | 0.6% | 1.3% | 0.4% | - | 1.0% | 1.9% | 1.6% | - |
| Return on equity | -1.2% | - | 1.3% | 2.7% | 1.0% | - | 2.3% | 3.6% | 3.1% | - |
| Return on invested capital | -0.6% | - | 1.4% | 2.2% | 1.2% | - | 1.8% | 3.0% | 2.5% | - |
| Liquidity | ||||||||||
| Current ratio | 2.08 | 1.67 | 1.87 | 1.87 | 1.90 | 1.65 | 1.82 | 2.24 | 2.06 | 1.94 |
| Quick ratio | 1.31 | 1.03 | 1.13 | 1.12 | 1.10 | 0.95 | 1.02 | 1.43 | 1.34 | 1.22 |
| Cash ratio | 0.39 | 0.44 | 0.31 | 0.33 | 0.31 | 0.31 | 0.29 | 0.57 | 0.45 | 0.43 |
| Leverage | ||||||||||
| Debt / Equity | 0.82 | 0.72 | 0.69 | 0.73 | 0.81 | 0.78 | 0.83 | 0.55 | 0.55 | 0.58 |
| Debt / Assets | 0.35 | 0.31 | 0.32 | 0.34 | 0.36 | 0.34 | 0.36 | 0.28 | 0.28 | 0.29 |
| Debt / EBITDA | - | - | - | - | 19.78 | - | - | - | 9.08 | - |
| Interest coverage | -1.0x | - | 2.3x | 3.6x | 1.9x | - | 2.9x | 3.8x | 4.5x | - |
| Equity multiplier | 2.36 | 2.31 | 2.17 | 2.17 | 2.26 | 2.26 | 2.30 | 1.93 | 1.95 | 2.00 |
| Liabilities / Assets | 0.58 | 0.57 | 0.54 | 0.54 | 0.56 | 0.56 | 0.57 | 0.48 | 0.49 | 0.50 |
| Efficiency | ||||||||||
| Asset turnover | 0.20 | - | 0.23 | 0.25 | 0.22 | - | 0.24 | 0.28 | 0.27 | - |
| Inventory turnover | 1.70 | - | 1.76 | 1.77 | 1.59 | - | 1.60 | 1.65 | 1.75 | - |
| Days sales outstanding | 129d | - | 114d | 109d | 122d | - | 110d | 115d | 128d | - |
| Days inventory outstanding | 215d | - | 207d | 206d | 230d | - | 228d | 221d | 209d | - |
| Days payable outstanding | 139d | - | 139d | 131d | 145d | - | 133d | 142d | 138d | - |
| Cash conversion cycle | 205d | - | 182d | 184d | 207d | - | 204d | 194d | 199d | - |
| Valuation | ||||||||||
| P / E | - | - | 97.6x | 37.1x | 131.0x | - | 83.4x | 41.9x | 64.6x | - |
| P / B | 0.8x | - | 1.3x | 1.0x | 1.3x | - | 1.9x | 1.5x | 2.0x | - |
| P / S | 1.7x | - | 2.5x | 1.9x | 2.6x | - | 3.3x | 2.8x | 3.8x | - |
| EV / EBITDA | - | - | - | - | 49.7x | - | - | - | 39.6x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -6.4% | - | -2.7% | 8.0% | 3.5% | - | 6.0% | -20.9% | -17.9% | - |
| Revenue CAGR (3y) | -7.4% | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -22.6% | - | -8.3% | 3.8% | -1.2% | - | 0.2% | -7.5% | -3.0% | - |
| Operating income growth (YoY) | - | - | -27.6% | -13.5% | -40.9% | - | -22.9% | 49.9% | 2.1% | - |
| Net income growth (YoY) | - | - | -37.8% | -17.7% | -64.5% | - | -51.3% | -11.5% | 7.1% | - |
| EPS growth (YoY) | - | - | -36.4% | -17.1% | -65.5% | - | -52.2% | 9.4% | -21.6% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -254.9% | - | - | - | - | - | - | - | -77.1% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 1.1% | 3.9% | 7.4% | 8.1% | 6.3% | 8.5% | -52.4% | -51.8% | 17.5% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-28.
Business segments
$2.73B totalReportable Segment$2.73B · 100.0%
Product / service
$2.73B totalDealers$1.50B · 54.9%
Retail$878.40M · 32.1%
Builders$355.90M · 13.0%
Geographic
$2.73B totalUS$2.62B · 95.9%
CA$97.90M · 3.6%
MX$14.60M · 0.5%
Peer comparison
Same SIC group: Wood Household Furniture, (No Upholstered)
Comparing MasterBrand against the 2 most active filers in the same SIC group.