MasterBrand, Inc. (MBC) Income Statement
MBC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsMBC revenue and net income
Where MBC's revenue goes
2025Each bar shows an amount and its share of revenue. MBC kept 1.0% of revenue as net income.
MBC profit margins
MBC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +1.3% | −5.8% | +2.1% | — |
| Gross profit | −3.7% | −3.4% | +3.8% | — |
| Operating income | −47.7% | −20.8% | −8.9% | — |
| Net income | −78.8% | −44.4% | −28.8% | — |
| EPS (diluted) | −34.1% | −17.4% | −4.8% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MBC quarterly EPS vs estimates
MasterBrand beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.03).
MBC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $2.73B | $2.70B | $2.73B | $3.28B | $2.86B | $2.47B | $2.39B |
| Cost of revenue | $1.91B | $1.84B | $1.85B | $2.36B | $2.09B | $1.78B | $1.72B |
| Gross profit | $827.6M | $859.7M | $875.9M | $918.8M | $763.2M | $687.5M | $672.2M |
| Research & development | — | — | — | — | $1.6M | $1.4M | $1.5M |
| Sales, general & admin | $667.8M | $607.2M | $570.2M | $647.2M | $525.6M | $474.2M | $477.8M |
| Total operating expenses | $693.4M | $603.1M | $567.3M | $648.5M | $527.6M | $473.6M | $477.8M |
| Operating income | $134.2M | $256.6M | $308.6M | $270.3M | $235.6M | $213.9M | $194.4M |
| Interest income | $74.1M | $72.0M | $68.4M | $12.9M | $4.6M | $2.4M | $100,000 |
| Interest expense | $74.1M | $74.0M | $65.2M | $2.2M | $4.4M | $16.9M | $112.7M |
| Income before taxes | $46.3M | $168.3M | $238.7M | $213.4M | $238.3M | $196.2M | $135.2M |
| Income taxes | $19.6M | $42.4M | $56.7M | $58.0M | $55.7M | $50.5M | $34.5M |
| Net income | $26.7M | $125.9M | $182.0M | $155.4M | $182.6M | $145.7M | $100.7M |
| EBITDA | $213.9M | $319.6M | $368.2M | $277.9M | $300.5M | $262.0M | $210.2M |
| EPS (diluted) | $0.89 | $1.35 | $1.50 | $1.58 | $1.43 | $1.14 | — |
| Gross margin | 30.3% | 31.8% | 32.1% | 28.1% | 26.7% | 27.8% | 28.1% |
| Operating margin | 4.9% | 9.5% | 11.3% | 8.3% | 8.3% | 8.7% | 8.1% |
| Net margin | 1.0% | 4.7% | 6.7% | 4.7% | 6.4% | 5.9% | 4.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $815.2M | $618.0M | $644.6M | $698.9M | $730.9M | $660.3M | $667.7M | $718.1M | $676.5M | $638.1M | $677.1M | $677.3M |
| Cost of revenue | $609.7M | $471.6M | $486.1M | $489.3M | $497.8M | $461.6M | $468.7M | $484.4M | $450.0M | $437.6M | $459.3M | $446.5M |
| Gross profit | $205.5M | $146.4M | $158.5M | $209.6M | $233.1M | $198.7M | $199.0M | $233.7M | $226.5M | $200.5M | $217.8M | $230.8M |
| Sales, general & admin | $216.7M | $155.9M | $176.7M | $167.5M | $159.4M | $154.0M | $149.3M | $166.3M | $146.7M | $137.8M | $152.3M | $140.3M |
| Total operating expenses | $233.3M | $155.9M | $186.9M | $167.5M | $159.4M | $152.4M | $152.3M | $166.3M | $146.7M | $137.8M | $152.3M | $140.2M |
| Operating income | −$27.8M | −$9.5M | −$28.4M | $42.1M | $73.7M | $46.3M | $46.7M | $67.4M | $79.8M | $62.7M | $65.5M | $90.6M |
| Interest income | — | — | $17.6M | $18.2M | $18.9M | $19.4M | $17.3M | $20.0M | — | — | $0 | $0 |
| Interest expense | $20.8M | $18.4M | $17.6M | $18.2M | $18.9M | $19.4M | $19.3M | $20.0M | $20.6M | $14.1M | $15.3M | $15.3M |
| Income before taxes | −$48.5M | −$36.1M | −$43.4M | $23.4M | $49.0M | $17.3M | $19.8M | $39.4M | $60.1M | $49.0M | $43.2M | $77.9M |
| Income taxes | $9.1M | −$20.7M | −$1.4M | $5.3M | $11.7M | $4.0M | $5.8M | $10.3M | $14.8M | $11.5M | $7.1M | $18.2M |
| Net income | −$57.6M | −$15.4M | −$42.0M | $18.1M | $37.3M | $13.3M | $14.0M | $29.1M | $45.3M | $37.5M | $36.1M | $59.7M |
| EBITDA | $6.5M | $5.0M | −$2.7M | $65.0M | $92.1M | $59.5M | $63.2M | $79.5M | $97.9M | $79.0M | $76.3M | $108.7M |
| EPS (diluted) | $0.05 | $0.06 | −$0.02 | $0.33 | $0.40 | $0.18 | $0.21 | $0.40 | $0.45 | $0.29 | $0.34 | $0.46 |
| Gross margin | 25.2% | 23.7% | 24.6% | 30.0% | 31.9% | 30.1% | 29.8% | 32.5% | 33.5% | 31.4% | 32.2% | 34.1% |
| Operating margin | −3.4% | −1.5% | −4.4% | 6.0% | 10.1% | 7.0% | 7.0% | 9.4% | 11.8% | 9.8% | 9.7% | 13.4% |
| Net margin | −7.1% | −2.5% | −6.5% | 2.6% | 5.1% | 2.0% | 2.1% | 4.1% | 6.7% | 5.9% | 5.3% | 8.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MBC's financial statements (latest annual report filed February 13, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MBC financial results
In fiscal year 2025 (ended December 31, 2025), MasterBrand reported revenue of $2.7 billion, up 1.3% from the year before. It had net income of $26.7 million (down 78.8%), a net profit margin of 1.0%. Diluted earnings per share came to $0.89. Over five years revenue grew at an average rate of 2.1% a year.
See the MBC stock overview for the latest quote and news, or the MBC chart for price history and technical indicators.
MBC income statement FAQ
What is MasterBrand's annual revenue?
MasterBrand reported total revenue of $2.7 billion for fiscal year 2025, which ended on December 31, 2025. That was up 1.3% from $2.7 billion the previous year.
Is MasterBrand profitable?
Yes. MasterBrand reported net income of $26.7 million in fiscal 2025, a net profit margin of 1.0%; its operating margin was 4.9%.
What is MasterBrand's gross margin?
MasterBrand's gross margin was 30.3% in fiscal 2025: for every $100 of revenue, MasterBrand kept $30 after the direct cost of its products and services.
How fast is MasterBrand growing?
Revenue grew 2.1% a year on average over the last five fiscal years, from $2.5 billion to $2.7 billion.
What are MasterBrand's earnings per share?
MasterBrand earned $0.89 per diluted share in fiscal 2025, compared with $1.35 a year earlier.
When will MasterBrand report its next earnings?
MasterBrand is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does MasterBrand's fiscal year end?
MasterBrand's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 13, 2026.