MasterBrand, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $2.73B | $2.70B | $2.73B | $3.28B | $2.86B |
| Cost of Revenue | $1.91B | $1.82B | $1.82B | $2.34B | $2.07B |
| Gross Profit | $827.6M | $877.0M | $901.4M | $940.5M | $783.9M |
| Gross Margin | 30.3% | 32.5% | 33.1% | 28.7% | 27.5% |
| Operating Expenses | |||||
| Research & Development | — | — | — | — | — |
| SG&A Expense | $667.8M | $603.1M | $569.7M | $648.5M | $527.6M |
| Operating Income | $119.0M | $235.7M | $306.3M | $203.3M | $234.3M |
| Operating Margin | 4.4% | 8.7% | 11.2% | 6.2% | 8.2% |
| Interest Expense | — | — | $65.2M | $2.2M | $0 |
| Pretax Income | $46.3M | $168.3M | $238.7M | $213.4M | $238.3M |
| Income Tax Expense | $19.6M | $42.4M | $56.7M | $58.0M | $55.7M |
| Net Income | $26.7M | $125.9M | $182.0M | $155.4M | $182.6M |
| Net Margin | 1.0% | 4.7% | 6.7% | 4.7% | 6.4% |
| EPS (Basic) | $0.21 | $0.99 | $1.42 | $1.21 | $1.43 |
| EPS (Diluted) | $0.21 | $0.96 | $1.40 | $1.20 | $1.43 |
| Shares Outstanding (Basic) | 127.0M | 127.1M | 127.8M | 128.0M | 128.0M |
| Shares Outstanding (Diluted) | 129.2M | 130.9M | 129.9M | 129.1M | 128.0M |
| Dividends Per Share | — | — | — | — | — |