Financial Snapshot

Revenue
$2.710B
TTM
Gross Margin
33.08%
TTM
Net Earnings
$148.0M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
181.53%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.288B
Q3 2024
Cash
Q3 2024
P/E
14.72
Nov 29, 2024 EST
Free Cash Flow
$175.5M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $2.726B $3.276B $2.855B $2.469B $2.389B
YoY Change -16.77% 14.72% 15.63% 3.37%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $2.726B $3.276B $2.855B $2.469B $2.389B
Cost Of Revenue $1.825B $2.335B $2.071B $1.766B $1.697B
Gross Profit $901.4M $940.5M $783.9M $703.0M $691.8M
Gross Profit Margin 33.06% 28.71% 27.45% 28.47% 28.96%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $569.7M $648.5M $527.6M $473.6M $477.8M
YoY Change -12.15% 22.92% 11.4% -0.88%
% of Gross Profit 63.2% 68.95% 67.3% 67.37% 69.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $49.00M $64.50M $62.20M $65.80M $62.10M
YoY Change -24.03% 3.7% -5.47% 5.96%
% of Gross Profit 5.44% 6.86% 7.93% 9.36% 8.98%
Operating Expenses $569.7M $665.7M $545.4M $491.4M $495.6M
YoY Change -14.42% 22.06% 10.99% -0.85%
Operating Profit $306.3M $274.8M $238.5M $211.6M $196.2M
YoY Change 11.46% 15.22% 12.71% 7.85%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $65.20M $11.80M $6.000M $3.700M $900.0K
YoY Change 452.54% 96.67% 62.16% 311.11%
% of Operating Profit 21.29% 4.29% 2.52% 1.75% 0.46%
Other Income/Expense, Net -$2.400M -$1.700M -$2.000M -$3.500M -$10.20M
YoY Change 41.18% -15.0% -42.86% -65.69%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income $238.7M $213.4M $238.3M $196.2M $135.2M
YoY Change 11.86% -10.45% 21.46% 45.12%
Income Tax $56.70M $58.00M $55.70M $50.50M $34.50M
% Of Pretax Income 23.75% 27.18% 23.37% 25.74% 25.52%
Net Earnings $182.0M $155.4M $182.6M $145.7M $100.7M
YoY Change 17.12% -14.9% 25.33% 44.69%
Net Earnings / Revenue 6.68% 4.74% 6.4% 5.9% 4.22%
Basic Earnings Per Share $1.42 $1.21 $1.43
Diluted Earnings Per Share $1.40 $1.20 $1.43 $1.14 $0.79

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $148.7M $101.1M $141.4M $154.3M
YoY Change 47.08% -28.5% -8.36%
Cash & Equivalents $148.7M $101.1M $141.4M $154.3M
Short-Term Investments
Other Short-Term Assets $75.70M $66.20M $59.00M $56.60M
YoY Change 14.35% 12.2% 4.24%
Inventory $249.8M $373.1M $304.3M $245.9M
Prepaid Expenses
Receivables $203.0M $289.6M $305.3M $233.8M
Other Receivables $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $677.2M $830.0M $810.0M $690.6M
YoY Change -18.41% 2.47% 17.29%
Property, Plant & Equipment $416.7M $404.9M $399.9M $368.5M
YoY Change 2.91% 1.25% 8.52%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $27.20M $20.50M $33.40M $36.90M
YoY Change 32.68% -38.62% -9.49%
Total Long-Term Assets $1.705B $1.699B $2.195B $2.022B
YoY Change 0.3% -22.58% 8.55%
Total Assets $2.382B $2.529B $3.005B $2.713B
YoY Change
Accounts Payable $151.4M $219.2M $203.9M $156.6M
YoY Change -30.93% 7.5% 30.2%
Accrued Expenses $180.4M $174.4M $160.2M $155.5M
YoY Change 3.44% 8.86% 3.02%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $17.60M $17.50M
YoY Change 0.57%
Total Short-Term Liabilities $349.4M $411.1M $364.1M $312.1M
YoY Change -15.01% 12.91% 16.66%
Long-Term Debt $690.2M $961.5M $0.00 $0.00
YoY Change -28.22%
Other Long-Term Liabilities $64.70M $60.30M $98.10M $92.50M
YoY Change 7.3% -38.53% 6.05%
Total Long-Term Liabilities $754.9M $1.022B $98.10M $92.50M
YoY Change -26.12% 941.59% 6.05%
Total Liabilities $1.188B $1.520B $551.1M $498.2M
YoY Change -21.86% 175.85% 10.62%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 127.8M shares 128.0M shares 128.0M shares
Diluted Shares Outstanding 129.9M shares 129.1M shares 128.0M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $2.1786 Billion

About MasterBrand, Inc.

MasterBrand, Inc. engages in the business of manufacturing residential cabinets. The company is headquartered in Beachwood, Ohio and currently employs 12,000 full-time employees. The company went IPO on 2022-12-09. The firm's products are available in a variety of designs, finishes and styles and span various categories of the cabinets market, such as stock, semi-custom and premium cabinetry. The firm's products are sold throughout the United States and Canada to the remodeling and new construction markets through three primary channels: dealers, retailers and builders. Its retail sales occur in-store and through various e-commerce channels, including its retail channel partners' online presence. The firm partners with regional and large-scale builders for single-family construction throughout North America, serving them directly or through a distribution network, allowing it to customize its service to each builder's requirements. The firm's brands include Mantra, Diamond and Omega.

Industry: Wood Household Furniture, (No Upholstered) Peers: AMERICAN WOODMARK CORP APOGEE ENTERPRISES, INC. AZZ INC CARRIER GLOBAL Corp GIBRALTAR INDUSTRIES, INC. GRIFFON CORP Janus International Group, Inc. JELD-WEN Holding, Inc. MASONITE INTERNATIONAL CORP PGT Innovations, Inc.