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MARKETS / NYSE / MBC
NYSE · WOOD HOUSEHOLD FURNITURE, (NO UPHOLSTERED) · LARGE CAP

MasterBrand, Inc. MBC

5 fiscal years on record · USD · FY2025 reported · SEC filings only
$2.7B
▲ 1.3% YoY
$26.7M
▼ 78.8% YoY
$117.5M
▼ 44.3% YoY
In brief

What this company does

MasterBrand, Inc. manufactures residential cabinets that are sold throughout the United States and Canada to the remodeling and new construction markets through dealers, retailers and builders. The company offers a portfolio of residential cabinetry products for the kitchen, bathroom and other parts of the home. The Home Depot, Inc. comprised approximately 13 percent of the company's net sales for fiscal year 2025. As of December 28, 2025, the company had more than 12,000 full-time and part-time associates, excluding contract workers. MasterBrand, Inc. was founded over 70 years ago, in 1954, under the name United Cabinet Incorporated. On December 14, 2022, the company's former parent, Fortune Brands Innovations, Inc., completed a tax-free spin-off transaction that separated its Cabinets segment into a standalone, publicly traded company.

Written from the business description in MasterBrand, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 13 February 2026. Every sentence was checked against that document before publication.

Growth
USD 2.7B
Revenue, FY2025 · full 5-year series below
Revenue $B Net income $B
FY2025 · Revenue 2.7 · Net income 0.0
2B20212022202320242025
Compound annual growth
−5.8%
−44.4%
−44.1%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
1 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 4.4% · Net 1.0%
5%10%20212022202320242025
ROE
FY2025 · ROE 2.0%
5%10%15%20212022202320242025

Each USD of equity produced 2 cents of profit this year.

Cash & shareholders
USD 18.1M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 117.5
200M20212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 18.1
8M16M20212022202320242025

USD 18.1M in buybacks — 68% of the year's profit went back to shareholders.

Total assetsUSD 3.1B
EquityUSD 1.3B
CashUSD 183.3M
Gross debtUSD 974.5M
Net debtUSD 791.2M
Current ratio1.67×

Net debt stands at 59% of equity.

The 5-year record
5 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021
Revenue $B2.72.72.73.32.9
Operating income $B0.10.20.30.20.2
EBITDA $B0.20.30.40.30.3
Income tax $B0.00.00.10.10.1
Net income $B0.00.10.20.20.2
Free cash flow $B0.10.20.30.20.1
EPS, diluted $0.210.961.401.201.43
Dividend / sh $·····
Payout %·····
ROE %2.010.116.59.07.4
Shares out B0.130.130.130.13·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 23 reconciliationsAUDITED

Reconciled in 5 of 19 fiscal years. 72 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityWood Household Furniture, (No Upholstered)
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 28
Data on record since2021

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