MasterBrand, Inc. (MBC)

MasterBrand Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 30, 2025	Dec 29, 2024	Dec 31, 2023	Dec 25, 2022	Dec 26, 2021	Dec 27, 2020
Revenue	2,723	2,700	2,726	3,276	2,855	2,469
Revenue Growth (YoY)	1.30%	-0.95%	-16.77%	14.72%	15.63%	3.37%
Cost of Revenue	1,847	1,823	1,832	2,326	2,071	1,766
Gross Profit	876.1	877	894	949.9	783.9	703
Selling, General & Admin	599.6	581.8	570.2	647.2	525.6	474.2
Operating Expenses	622.5	602	585.5	664.4	543.4	492
Operating Income	253.6	275	308.5	285.5	240.5	211
Interest Expense	-79.3	-74	-65.2	-2.2	-	-
Interest & Investment Income	-	-	-	12.9	4.6	2.4
Currency Exchange Gain (Loss)	1.7	2	-3.2	-1.1	-1.4	-1.3
Other Non Operating Income (Expenses)	4	4.4	3.7	-0.8	-1.2	-0.3
EBT Excluding Unusual Items	180	207.4	243.8	294.3	242.5	211.8
Merger & Restructuring Charges	-47.7	-43.4	-12.5	-25.1	-4.2	-6.1
Gain (Loss) on Sale of Assets	4.3	4.3	-	-	-	-
Asset Writedown	-	-	-	-46.4	-	-9.5
Other Unusual Items	-	-	-	-9.4	-	-
Pretax Income	136.6	168.3	238.7	213.4	238.3	196.2
Income Tax Expense	34.9	42.4	56.7	58	55.7	50.5
Net Income	101.7	125.9	182	155.4	182.6	145.7
Net Income to Common	101.7	125.9	182	155.4	182.6	145.7
Net Income Growth	-44.88%	-30.82%	17.12%	-14.90%	25.33%	44.69%
Shares Outstanding (Basic)	127	127	128	128	128	128
Shares Outstanding (Diluted)	131	131	130	129	128	128
Shares Change (YoY)	0.61%	0.77%	0.62%	0.86%	-	-
EPS (Basic)	0.80	0.99	1.42	1.21	1.43	1.14
EPS (Diluted)	0.77	0.96	1.40	1.20	1.43	1.14
EPS Growth	-45.72%	-31.43%	16.67%	-15.88%	25.33%	-
Free Cash Flow	158.2	211.1	348.3	179.7	96.6	177.3
Free Cash Flow Per Share	1.21	1.61	2.68	1.39	0.76	1.39
Gross Margin	32.18%	32.48%	32.79%	29.00%	27.45%	28.47%
Operating Margin	9.31%	10.18%	11.32%	8.72%	8.42%	8.54%
Profit Margin	3.74%	4.66%	6.68%	4.74%	6.40%	5.90%
Free Cash Flow Margin	5.81%	7.82%	12.78%	5.49%	3.38%	7.18%
EBITDA	337.8	352.3	372.8	350	302.7	276.8
EBITDA Margin	12.41%	13.05%	13.68%	10.69%	10.60%	11.21%
D&A For EBITDA	84.2	77.3	64.3	64.5	62.2	65.8
EBIT	253.6	275	308.5	285.5	240.5	211
EBIT Margin	9.31%	10.18%	11.32%	8.72%	8.42%	8.54%
Effective Tax Rate	25.55%	25.19%	23.75%	27.18%	23.37%	25.74%
Advertising Expenses	-	36	37.4	39.7	-	-

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q