MBC - MasterBrand, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$16.00
DETAILS
HIGH:
$16.00
LOW:
$16.00
MEDIAN:
$16.00
CONSENSUS:
$16.00
UPSIDE:
107.79%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 2,734.7 | 2,700.4 | 2,726.2 | 3,275.5 | 2,855.3 | 2,469.3 | 2,388.7 |
| Cost of Revenue | 1,907.1 | 1,840.7 | 1,850.3 | 2,356.7 | 2,092.1 | 1,781.8 | 1,716.5 |
| Gross Profit | 827.6 | 859.7 | 875.9 | 918.8 | 763.2 | 687.5 | 672.2 |
| Operating Expenses | |||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 1.4 | 0 |
| SG&A Expenses | 667.8 | 603.1 | 567.3 | 648.5 | 526 | 472.2 | 476.3 |
| Other Expenses | 25.6 | 0 | 0 | 0 | 1.6 | 0 | 0 |
| Operating Expenses | 693.4 | 603.1 | 567.3 | 648.5 | 527.6 | 473.6 | 477.8 |
| Operating Income | |||||||
| Operating Income | 134.2 | 256.6 | 308.6 | 270.3 | 235.6 | 213.9 | 194.4 |
| Interest Expense | 74.1 | 74 | 65.2 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 10.7 | 4.6 | 2.4 | 0.1 |
| Profitability | |||||||
| EBITDA | 213.9 | 319.6 | 368.2 | 277.9 | 300.5 | 262 | 210.2 |
| EBIT | 120.4 | 242.3 | 303.9 | 213.4 | 238.3 | 196.2 | 135.2 |
| Income Before Tax | 46.3 | 168.3 | 238.7 | 213.4 | 238.3 | 196.2 | 135.2 |
| Income Tax Expense | 19.6 | 42.4 | 56.7 | 58 | 55.7 | 50.5 | 34.5 |
| Net Income | 26.7 | 125.9 | 182 | 155.4 | 182.6 | 145.7 | 100.7 |
| Per Share Data | |||||||
| EPS (Basic) | 0.21 | 0.99 | 1.42 | 1.21 | 1.43 | 1.14 | 0.79 |
| EPS (Diluted) | 0.21 | 0.96 | 1.40 | 1.20 | 1.43 | 1.14 | 0.79 |
| Shares Outstanding | 127 | 127.1 | 127.8 | 128 | 128.0 | 128.0 | 128.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Current Assets | ||||||
| Cash & Cash Equivalents | 183.3 | 120.6 | 148.7 | 101.1 | 141.4 | 154.3 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 150.4 | 191 | 203 | 289.6 | 305.3 | 233.8 |
| Inventory | 269.1 | 276.4 | 249.8 | 373.1 | 304.3 | 245.9 |
| Other Current Assets | 93.1 | 62.7 | 75.7 | 66.2 | 59 | 56.6 |
| Total Current Assets | 695.9 | 650.7 | 677.2 | 830 | 810 | 690.6 |
| Non-Current Assets | ||||||
| Property, Plant & Equipment | 692.2 | 547.9 | 416.7 | 404.9 | 399.9 | 368.5 |
| Goodwill | 1,127.5 | 1,125.8 | 925.1 | 924.2 | 926.2 | 926.1 |
| Intangible Assets | 547.7 | 571.3 | 335.5 | 349.8 | 415.7 | 433.3 |
| Long-Term Investments | 0.6 | 0 | (83.6) | 0 | 419.7 | 0 |
| Other Non-Current Assets | 36.5 | 34.1 | 110.8 | (66.8) | 33.4 | 294.1 |
| Total Non-Current Assets | 2,404.5 | 2,279.1 | 1,704.5 | 1,699.4 | 2,194.9 | 2,022 |
| Total Assets | 3,100.4 | 2,929.8 | 2,381.7 | 2,529.4 | 3,004.9 | 2,712.6 |
| Current Liabilities | ||||||
| Account Payables | 203.7 | 180.7 | 151.4 | 219.2 | 203.9 | 156.6 |
| Short-Term Debt | 24.3 | 0 | 17.6 | 17.5 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 109.1 | 0 | 0 | 0 | 0 | 143.2 |
| Total Current Liabilities | 415.7 | 395.4 | 349.4 | 411.1 | 364.1 | 312.1 |
| Non-Current Liabilities | ||||||
| Long-Term Debt | 1,149.7 | 1,007.8 | 690.2 | 961.5 | 50 | 0 |
| Deferred Tax Liabilities | 171.6 | 158.7 | 83.6 | 87.3 | 88.9 | 93.6 |
| Other Non-Current Liabilities | (156.4) | 18.2 | 18.4 | 19.6 | (1.9) | 64.2 |
| Total Non-Current Liabilities | 1,340.1 | 1,239.7 | 838.5 | 1,109.1 | 187 | 186.1 |
| Total Liabilities | 1,755.8 | 1,635.1 | 1,187.9 | 1,520.2 | 551.1 | 498.2 |
| Stockholders' Equity | ||||||
| Common Stock | 1.3 | 1.3 | 1.3 | 1.3 | 0 | 0 |
| Retained Earnings | 1,357.1 | 1,330.4 | 1,204.5 | 1,022.5 | 2,185.5 | 2,002.9 |
| Accumulated Other Comprehensive Income | 0.8 | (32.7) | (3.7) | (14.5) | (3.9) | (7.7) |
| Total Stockholders' Equity | 1,344.6 | 1,294.7 | 1,193.8 | 1,009.2 | 2,453.8 | 2,214.4 |
| Total Liabilities & Equity | 3,100.4 | 2,929.8 | 2,381.7 | 2,529.4 | 3,004.9 | 2,712.6 |
| Debt Metrics | ||||||
| Total Debt | 1,349.2 | 1,082.3 | 770.2 | 1,033.6 | 113.2 | 40.6 |
| Net Debt | 1,165.9 | 961.7 | 621.5 | 932.5 | (28.2) | (113.7) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | 26.7 | 125.9 | 182 | 155.4 | 182.6 | 145.7 | 100.7 |
| Depreciation & Amortization | 93.5 | 77.3 | 64.3 | 64.5 | 62.8 | 65.8 | 62.3 |
| Stock-Based Compensation | 16.1 | 21.9 | 17.8 | 10.9 | 9.3 | 9.7 | 7.1 |
| Change in Working Capital | 28.2 | 40.2 | 151.5 | (56.9) | (111.8) | (14) | (75.2) |
| Other Non-Cash Items | 18.4 | 22.1 | (4.3) | 59.4 | 13 | 7.4 | 60.4 |
| Operating Cash Flow | 195.7 | 292 | 405.6 | 235.6 | 148.2 | 204.6 | 148.6 |
| Investing Activities | |||||||
| Capital Expenditure | (78.2) | (80.9) | (57.3) | (55.9) | (51.6) | (27.3) | (30.9) |
| Acquisitions | 3.8 | (514.5) | 0 | 0 | 0.1 | 0.6 | 2.1 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 14.6 | 0.4 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (74.4) | (580.8) | (56.9) | (55.9) | (51.5) | (26.7) | (28.8) |
| Financing Activities | |||||||
| Net Debt Issuance | (35) | 307.5 | (272.5) | 730.1 | (152.9) | (230.9) | (134.9) |
| Stock Repurchased | (18.1) | (6.5) | (22) | (0.1) | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | (940) | 0 | 0 | 0 |
| Other Financing Activities | (12.6) | (31.4) | (5.4) | (5.3) | 43.2 | 51.7 | 51.3 |
| Financing Cash Flow | (65.7) | 269.6 | (299.9) | (215.3) | (109.7) | (179.2) | (83.6) |
| Cash Position | |||||||
| Net Change in Cash | 62.3 | (27.1) | 47.6 | (40.3) | (12.9) | (0.5) | 37.2 |
| Cash at Beginning | 121.6 | 148.7 | 101.1 | 141.4 | 154.3 | 154.8 | 117.6 |
| Cash at End | 183.9 | 121.6 | 148.7 | 101.1 | 141.4 | 154.3 | 154.8 |
| Free Cash Flow | 117.5 | 211.1 | 348.3 | 179.7 | 96.6 | 177.3 | 117.7 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 2,734.7 | 2,700.4 | 2,726.2 | 3,275.5 | 2,855.3 | 2,469.3 | 2,388.7 |
| Gross Profit | 827.6 | 859.7 | 875.9 | 918.8 | 763.2 | 687.5 | 672.2 |
| Operating Income | 134.2 | 256.6 | 308.6 | 270.3 | 235.6 | 213.9 | 194.4 |
| Net Income | 26.7 | 125.9 | 182 | 155.4 | 182.6 | 145.7 | 100.7 |
| EPS (Diluted) | 0.21 | 0.96 | 1.40 | 1.20 | 1.43 | 1.14 | 0.79 |
| Balance Sheet | |||||||
| Cash & Equivalents | 183.3 | 120.6 | 148.7 | 101.1 | 141.4 | 154.3 | |
| Total Assets | 3,100.4 | 2,929.8 | 2,381.7 | 2,529.4 | 3,004.9 | 2,712.6 | |
| Total Debt | 1,349.2 | 1,082.3 | 770.2 | 1,033.6 | 113.2 | 40.6 | |
| Stockholders' Equity | 1,344.6 | 1,294.7 | 1,193.8 | 1,009.2 | 2,453.8 | 2,214.4 | |
| Cash Flow | |||||||
| Operating Cash Flow | 195.7 | 292 | 405.6 | 235.6 | 148.2 | 204.6 | 148.6 |
| Capital Expenditure | (78.2) | (80.9) | (57.3) | (55.9) | (51.6) | (27.3) | (30.9) |
| Free Cash Flow | 117.5 | 211.1 | 348.3 | 179.7 | 96.6 | 177.3 | 117.7 |