MBC on NYSE
MasterBrand, Inc.
American wood household furniture company based in Jasper, active since 2022. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerMBC on NYSE2
- IndustryWood Household Furniture, (No Upholstered)2
- HeadquartersJasper, United States2
- Incorporated inDE3
- Business address3300 Enterprise Parkway, Suite 300, Beachwood, Oh 441223
- Filer categoryLarge accelerated filer3
- Legal formCorporation2
- LEI549300E0Y4BR5Z9RDZ642
- StatusActive2
- LEI statusIssued and current2
- Registered addressC/O Corporation Service Company, 19808 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 68357552
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Dealers brought in 55% of the revenue MasterBrand, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Dealers | $1.4B | $1.4B | $1.5B |
| Retail | $967.0M | $927.6M | $878.4M |
| Builders | $312.7M | $351.5M | $355.9M |
Regions
United States brought in 96% of the revenue MasterBrand, Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $2.6B | $2.6B | $2.6B |
| Canada | $125.7M | $106.4M | $97.9M |
| Mexico | $16.1M | $18.5M | $14.6M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue70¢$1.9B
- Selling, general and admin24¢$667.8M
- Other costs4¢$113.5M
- Income tax1¢$19.6M
- Profit1¢$26.7M
Out of $2.7B in revenue.4
Where each dollar of operating cash went, fiscal 2025
- Capital spending40¢$78.2M
- Share buybacks9¢$18.1M
- Kept or used elsewhere51¢$99.4M
Out of $195.7M of cash from operations.4
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| NET SALES | $2.7B | $2.7B | $2.7B |
| Cost of products sold | $1.9B | $1.8B | $1.8B |
| GROSS PROFIT | $827.6M | $877.0M | $901.4M |
| Selling, general and administrative expenses | $667.8M | $603.1M | $569.7M |
| Amortization of intangible assets | $25.6M | $20.2M | $15.3M |
| Restructuring charges | $15.2M | $18.0M | $10.1M |
| OPERATING INCOME | $119.0M | $235.7M | $306.3M |
| Interest expense | $74.1M | $74.0M | $65.2M |
| Gain on sale of asset | $0 | -$4.3M | $0 |
| Other (income) expense, net | -$1.4M | -$2.3M | $2.4M |
| INCOME BEFORE TAXES | $46.3M | $168.3M | $238.7M |
| Income tax expense | $19.6M | $42.4M | $56.7M |
| NET INCOME | $26.7M | $125.9M | $182.0M |
| Basic (in shares) | 127.0M shares | 127.1M shares | 127.8M shares |
| Diluted (in shares) | 129.2M shares | 130.9M shares | 129.9M shares |
| Basic (in dollars per share) | $0.21 | $0.99 | $1.42 |
| Diluted (in dollars per share) | $0.21 | $0.96 | $1.40 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $183.3M | $120.6M | $148.7M | |
| Accounts receivable, net | $150.4M | $191.0M | ||
| Inventories | $269.1M | $276.4M | ||
| Other current assets | $93.1M | $62.7M | ||
| TOTAL CURRENT ASSETS | $695.9M | $650.7M | ||
| Property, plant and equipment, net of accumulated depreciation | $503.1M | $481.5M | ||
| Operating lease right-of-use assets, net of accumulated amortization | $189.1M | $66.4M | ||
| Goodwill | $1.1B | $1.1B | $925.1M | |
| Other intangible assets, net of accumulated amortization | $547.7M | $571.3M | ||
| Other assets | $37.1M | $34.1M | ||
| TOTAL ASSETS | $3.1B | $2.9B | ||
| Accounts payable | $203.7M | $180.7M | ||
| Current operating lease liabilities | $24.3M | $19.5M | ||
| Other current liabilities | $187.7M | $195.2M | ||
| TOTAL CURRENT LIABILITIES | $415.7M | $395.4M | ||
| Long-term debt | $974.5M | $1.0B | ||
| Deferred income taxes | $171.6M | $158.7M | ||
| Pension and other postretirement plan liabilities | $3.9M | $3.2M | ||
| Operating lease liabilities | $175.2M | $55.0M | ||
| Other non-current liabilities | $14.9M | $15.0M | ||
| TOTAL LIABILITIES | $1.8B | $1.6B | ||
| Common stock (par value $0.01 per share; authorized 750.0 million shares; 132.6 million shares issued and 127.2 million outstanding as of December 28, 2025; 130.9 million shares issued and 127600000 million outstanding as of December 29, 2024) | $1.3M | $1.3M | ||
| Paid-in capital | $55.8M | $39.7M | ||
| Treasury stock, at cost | -$70.4M | -$44.0M | ||
| Accumulated other comprehensive income (loss) | $800.0K | -$32.7M | ||
| Retained earnings | $1.4B | $1.3B | ||
| TOTAL EQUITY | $1.3B | $1.3B | $1.2B | $1.0B |
| TOTAL LIABILITIES AND EQUITY | $3.1B | $2.9B | ||
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Common stock authorized (in shares) | 750.0M shares | 750.0M shares | ||
| Common stock issued (in shares) | 132.6M shares | 130.9M shares | ||
| Common stock outstanding (in shares) | 127.2M shares | 127.6M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $183.3M | $120.6M | $148.7M | |
| Accounts receivable, net | $150.4M | $191.0M | ||
| Inventories | $269.1M | $276.4M | ||
| Other current assets | $93.1M | $62.7M | ||
| TOTAL CURRENT ASSETS | $695.9M | $650.7M | ||
| Property, plant and equipment, net of accumulated depreciation | $503.1M | $481.5M | ||
| Operating lease right-of-use assets, net of accumulated amortization | $189.1M | $66.4M | ||
| Goodwill | $1.1B | $1.1B | $925.1M | |
| Other intangible assets, net of accumulated amortization | $547.7M | $571.3M | ||
| Other assets | $37.1M | $34.1M | ||
| TOTAL ASSETS | $3.1B | $2.9B | ||
| Accounts payable | $203.7M | $180.7M | ||
| Current operating lease liabilities | $24.3M | $19.5M | ||
| Other current liabilities | $187.7M | $195.2M | ||
| TOTAL CURRENT LIABILITIES | $415.7M | $395.4M | ||
| Long-term debt | $974.5M | $1.0B | ||
| Deferred income taxes | $171.6M | $158.7M | ||
| Pension and other postretirement plan liabilities | $3.9M | $3.2M | ||
| Operating lease liabilities | $175.2M | $55.0M | ||
| Other non-current liabilities | $14.9M | $15.0M | ||
| TOTAL LIABILITIES | $1.8B | $1.6B | ||
| Common stock (par value $0.01 per share; authorized 750.0 million shares; 132.6 million shares issued and 127.2 million outstanding as of December 28, 2025; 130.9 million shares issued and 127600000 million outstanding as of December 29, 2024) | $1.3M | $1.3M | ||
| Paid-in capital | $55.8M | $39.7M | ||
| Treasury stock, at cost | -$70.4M | -$44.0M | ||
| Accumulated other comprehensive income (loss) | $800.0K | -$32.7M | ||
| Retained earnings | $1.4B | $1.3B | ||
| TOTAL EQUITY | $1.3B | $1.3B | $1.2B | $1.0B |
| TOTAL LIABILITIES AND EQUITY | $3.1B | $2.9B | ||
| Common stock, par value (in dollars per share) | $0.01 | $0.01 | ||
| Common stock authorized (in shares) | 750.0M shares | 750.0M shares | ||
| Common stock issued (in shares) | 132.6M shares | 130.9M shares | ||
| Common stock outstanding (in shares) | 127.2M shares | 127.6M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| NET INCOME | $26.7M | $125.9M | $182.0M |
| Depreciation | $67.9M | $57.1M | $49.0M |
| Amortization of intangibles | $25.6M | $20.2M | $15.3M |
| Restructuring charges, net of cash payments | -$1.7M | $10.5M | -$9.4M |
| Write-off and amortization of finance fees | $2.7M | $8.9M | $2.2M |
| Stock-based compensation | $16.1M | $21.9M | $17.8M |
| Provision for bad debt | $17.8M | $400.0K | $1.9M |
| Recognition of actuarial losses and settlement charges | -$400.0K | $2.7M | $2.9M |
| Deferred taxes | $12.8M | $4.6M | -$5.7M |
| Accounts receivable | $24.0M | $21.3M | $86.2M |
| Inventories | $8.0M | -$10.7M | $123.6M |
| Other current assets | -$22.4M | -$5.7M | $2.1M |
| Accounts payable | $15.7M | $23.8M | -$69.4M |
| Accrued expenses and other current liabilities | $3.6M | $3.4M | $17.2M |
| Other items | -$700.0K | $7.7M | -$10.1M |
| NET CASH PROVIDED BY OPERATING ACTIVITIES | $195.7M | $292.0M | $405.6M |
| Capital expenditures | -$78.2M | -$80.9M | -$57.3M |
| Proceeds from the disposition of assets | $3.8M | $14.6M | $400.0K |
| Acquisition of business, net of cash acquired | $0 | -$514.5M | $0 |
| NET CASH USED IN INVESTING ACTIVITIES | -$74.4M | -$580.8M | -$56.9M |
| Proceeds from revolving credit facility borrowings | $240.0M | $470.0M | $255.0M |
| Issuance of long-term debt | $0 | $700.0M | $0 |
| Repayment of revolving credit facility borrowings | -$275.0M | -$150.0M | -$490.0M |
| Repayment of term loan | $0 | -$712.5M | -$37.5M |
| Payment of financing fees | -$1.8M | -$17.8M | $0 |
| Repurchase of common stock | -$18.1M | -$6.5M | -$22.0M |
| Payments of employee taxes withheld from share-based awards | -$8.3M | -$11.4M | -$4.0M |
| Other items | -$2.5M | -$2.2M | -$1.4M |
| NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES | -$65.7M | $269.6M | -$299.9M |
| Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash | $6.7M | -$7.9M | -$1.2M |
| NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | $62.3M | -$27.1M | $47.6M |
| Capital expenditures incurred but not yet paid | $9.2M | $3.4M | $2.3M |
No quarter-by-quarter statement was filed.
Leadership
Who has led MasterBrand, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
- Chief executive officerR. David Banyard Nov 30, 2022 to now9
- PresidentR. David Banyard Nov 30, 2022 to now9
- Chief financial officerAndrea Helen Simon Dec 19, 2022 to now10
Board members and other officers (19)
- EVP & Chief Operations OfficerKurt Wanninger May 17, 2023 to now11
- EVP & Chief HR OfficerBruce Alan Kendrick Dec 19, 2022 to now12
- EVP, SalesDoren Martin Scott Van Dec 19, 2022 to Dec 11, 202313
- VP, Chief Accounting OfficerMark A. Young Dec 19, 2022 to now14
- EVP, Chief Digital & Tech Off.Navneet Grewal Dec 19, 2022 to now15
- Board memberAndrew B. Cogan Jun 1, 2026 to now16
- Board memberDaniel T. Hendrix Jun 1, 2026 to now17
- Board memberPhilip D. Fracassa Jun 1, 2026 to now18
- Board memberPatrick S. Shannon Mar 27, 2024 to now19
- Board memberCatherine Courage Jun 10, 2024 to now20
- Board memberNicholas I. Fink Nov 30, 2022 to Nov 30, 202221
- Board memberPatrick D. Hallinan Nov 30, 2022 to Nov 30, 202222
- Board memberR. David Banyard Nov 30, 2022 to now9
- Board memberAnn F. Hackett Dec 19, 2022 to now23
- Board memberDavid D. Petratis Dec 19, 2022 to now24
- Board memberJeffery S. Perry Dec 19, 2022 to now25
- Board memberJuliana L. Chugg Dec 19, 2022 to now26
- Board memberRobert Crisci Dec 19, 2022 to now27
- General counselAndrean Horton Dec 19, 2022 to now28
Timeline
Filings
359 filings to the SEC since October 2021: 4 annual reports, 11 quarterly reports, 52 major events, 196 insider forms, 23 large holders, 73 other. The latest 20:
- Sep 24, 20268-K EDGAR
- Aug 26, 20264 EDGAR
- Aug 25, 2026144 EDGAR
- Aug 17, 2026SCHEDULE 13G/A EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 13, 20264 EDGAR
- Aug 11, 2026144 EDGAR
- Aug 6, 2026SCHEDULE 13G EDGAR
- Aug 5, 202610-Q EDGAR
- Aug 4, 20268-K EDGAR
- Aug 4, 2026SCHEDULE 13G/A EDGAR
- Jul 22, 2026SCHEDULE 13G EDGAR
- Jul 14, 2026SCHEDULE 13G/A EDGAR
- Jul 13, 20263/A EDGAR
- Jul 13, 20263/A EDGAR
- Jul 13, 20263/A EDGAR
- Jun 26, 20268-K/A EDGAR
- Jun 26, 202611-K EDGAR
- Jun 26, 202611-K EDGAR
- Jun 12, 20264 EDGAR
The 359 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
16 open-market trades by officers, directors and large owners since October 2021: 8 buys and 8 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 25, 2026 | Young Mark A.VP, Chief Accounting Officer | Sale | 6,000 | $9.15 | $54.9K | Form 4 |
| Aug 11, 2026 | Wanninger KurtEVP & Chief Operations Officer | Sale | 50,000 | $9.22 | $461.0K | Form 4 |
| Jun 11, 2026 | Fracassa Philip D.Director | Buy | 5,000 | $9.11 | $45.5K | Form 4 |
| Jun 10, 2026 | Kendrick Bruce AlanEVP & Chief HR Officer | Sale | 26,245 | $9.02 | $236.7K | Form 4 |
| Jun 8, 2026 | PETRATIS DAVID DDirector | Buy | 11,587 | $8.82 | $102.2K | Form 4 |
| Jun 4, 2026 | Simon Andrea HelenEVP & CFO | Buy | 5,000 | $8.56 | $42.8K | Form 4 |
| Jun 1, 2026 | Young Mark A.VP, Chief Accounting Officer | Sale | 11,765 | $8.60 | $101.2K | Form 4 |
| Jun 1, 2026 | Banyard R DavidCEO & President | Buy | 60,000 | $8.43 | $505.8K | Form 4 |
| Feb 28, 2025 | Crisci RobertDirector | Buy | 20,000 | $14.08 | $281.6K | Form 4 |
| Feb 24, 2025 | CHUGG JULIANA LDirector | Buy | 6,989 | $14.17 | $99.0K | Form 4 |
| Sep 13, 2024 | Young Mark A.VP, Chief Accounting Officer | Sale | 4,715 | $16.33 | $77.0K | Form 4 |
| Sep 11, 2024 | HACKETT ANN FDirector | Sale | 17,589 | $15.95 | $280.5K | Form 4 |
| Sep 9, 2024 | HACKETT ANN FDirector | Sale | 502 | $15.99 | $8.0K | Form 4 |
| Aug 9, 2024 | Crisci RobertDirector | Buy | 20,000 | $15.39 | $307.8K | Form 4 |
| Jan 23, 2023 | GOLDMAN SACHS GROUP INC10% owner | Buy | 1,481 | $8.51 | $12.6K | Form 4 |
| Jan 23, 2023 | GOLDMAN SACHS GROUP INC10% owner | Sale | 1,362 | $8.60 | $11.7K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Coliseum Capital Management, LLCSCHEDULE 13G/A, 4 filings Aug 18, 2025 to Aug 17, 202629
- Gates Capital ManagementSCHEDULE 13G/A, 5 filings Feb 14, 2023 to Aug 14, 202630
- FMR LLCSCHEDULE 13G, 1 filing Aug 6, 202631
- Boston PartnersSCHEDULE 13G/A, 4 filings May 9, 2025 to Aug 4, 202632
- PZENA INVESTMENT MANAGEMENT LLCSCHEDULE 13G, 1 filing Jul 22, 202633
- DIMENSIONAL FUND ADVISORS LPSCHEDULE 13G/A, 2 filings Jan 21, 2026 to Jul 14, 202634
- VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 30, 202635
- VANGUARD GROUP INCSCHEDULE 13G/A, 3 filings Feb 9, 2023 to Mar 27, 202636
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 31,554,598 | $324.7M | 0.0% | +12,201,947 |
| Pzena Investment Management LLC | 15,329,483 | $157.7M | 0.5% | +11,515,469 |
| Coliseum Capital Management, LLC | 13,200,117 | $135.8M | 11.7% | +505,407 |
| Gates Capital Management, Inc. | 13,186,754 | $135.7M | 4.5% | +2,839,890 |
| Fmr LLC | 10,370,825 | $106.7M | 0.0% | +6,030,575 |
| Redwood Capital Management, LLC | 9,821,896 | $101.1M | 11.0% | +8,535,799 |
| Dimensional Fund Advisors LP | 9,195,469 | $94.6M | 0.0% | +2,185,041 |
| Vanguard Capital Management LLC | 8,834,686 | $90.9M | 0.0% | +3,109,194 |
| State Street Corp | 8,195,786 | $84.3M | 0.0% | +3,304,720 |
| Pertento Partners LLP | 5,968,072 | $61.4M | 4.4% | +1,003,251 |
| Geode Capital Management, LLC | 5,131,400 | $52.8M | 0.0% | +2,032,899 |
| Sixth Street Partners Management Company, L.P. | 4,905,383 | $50.5M | 8.7% | No change |
| Diameter Capital Partners LP | 4,779,445 | $49.2M | 6.5% | +3,233,874 |
| Atlas FRM LLC | 4,624,400 | $47.6M | 2.0% | +3,324,400 |
| Paradigm Capital Management Inc/ny | 4,618,700 | $47.5M | 1.3% | +3,536,609 |
| Vanguard Portfolio Management LLC | 4,144,271 | $42.6M | 0.0% | +1,686,486 |
| Monarch Alternative Capital LP | 3,700,000 | $38.1M | 7.4% | +1,700,000 |
| ACK Asset Management LLC | 3,700,000 | $38.1M | 4.4% | No change |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 3,133,352 | $32.2M | 0.0% | −893 |
| Charles Schwab Investment Management Inc | 3,098,412 | $31.9M | 0.0% | +555,451 |
| Cooke & Bieler LP | 2,551,527 | $26.3M | 0.3% | −1,043,018 |
| Morgan Stanley | 2,542,550 | $26.2M | 0.0% | +1,395,053 |
| Franklin Resources Inc | 2,461,300 | $25.3M | 0.0% | +2,376,279 |
| Northern Trust Corp | 2,239,105 | $23.0M | 0.0% | +884,176 |
| Goldman Sachs Group Inc | 1,977,045 | $20.3M | 0.0% | −1,085,834 |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 13SEC EDGARDoren Martin Scott Van, EVP, Sales
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- 16SEC EDGARAndrew B. Cogan, Board member
- 17SEC EDGARDaniel T. Hendrix, Board member
- 18SEC EDGARPhilip D. Fracassa, Board member
- 19SEC EDGARPatrick S. Shannon, Board member
- 20SEC EDGARCatherine Courage, Board member
- 21SEC EDGARNicholas I. Fink, Board member
- 22SEC EDGARPatrick D. Hallinan, Board member
- 23SEC EDGARAnn F. Hackett, Board member
- 24SEC EDGARDavid D. Petratis, Board member
- 25SEC EDGARJeffery S. Perry, Board member
- 26SEC EDGARJuliana L. Chugg, Board member
- 27SEC EDGARRobert Crisci, Board member
- 28SEC EDGARAndrean Horton, General counsel
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