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Masterbrand, Inc. (MBC) stock

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NYSE: MBC NYSE Building Products Next results ~November 5, 2026

C Fundamentals grade

Masterbrand, Inc. is a US-listed company in the building products industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: after-tax interest is 43% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

Price vs value

Under review: after-tax interest is 43% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy. We'll show the comparison once resolved.

Masterbrand, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders4 buying, 3 selling4 purchases and 5 sales by directors and officers, last 12 monthsInsider trades
  • Funds214 adding, 101 cuttingOf 46 active managers that changed their stake, 26 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Masterbrand files

Where Masterbrand stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $2.78bn, down 0.0% on a year earlier, a smaller fall than the 1.1% decline a quarter earlier. Free-cash-flow margin fell to 2.7% from 5.7% a year earlier. Operating margin narrowed to -1.1% from 7.2%. The diluted share count is up 3.0% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 1 of our 6 financial-health checks.

Our model value for Masterbrand is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

Masterbrand, Inc.'s trailing-twelve-month revenue fell 0.0% year on year, with a free-cash-flow margin of 2.7%. Where it stands out: days sales outstanding of 32 days ranks 2 of 34 building products companies we cover. Where it lags: change in share count of 3.0% ranks 38 of 44 building products companies we cover.

Our discounted-cash-flow model values the business at ~$15 per share in the base case (~$10–$22 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Balance sheet growing far ahead of sales: Total assets grew 51% year over year while revenue fell 0% — the balance sheet is expanding 51 points faster than the business it supports.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Masterbrand, Inc.'s latest figures clears our strength thresholds.

Things to watch

  • Results due soon. Results are expected around 3 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 0.0% over the last 12 months.
  • Loss-making. Operating margin is -1.1%: costs exceed revenue.
  • Margins narrowing. Operating margin is down 8.3 points on a year ago.
  • Share dilution. Diluted shares rose 3.0% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 55% and a beta of 1.1 against the S&P 500.

Latest results: FY2026 Q2

Filed August 5, 2026
Earnings per share
$0.05 against an average estimate of $0.07: missed by 28.6%
Revenue
$815m, up 11.5% on a year earlier
Share reaction
+2.5% in the first session after the results on August 4, 2026, against +1.6% for the S&P 500
Guidance given
net sales $2.05bn to $2.11bn (second half of 2026); adjusted EBITDA $129m to $149m (second half of 2026)
Next report
November 5, 2026; average EPS estimate $0.03

Masterbrand's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.5%
  • 1 week+10.3%
  • 1 month+5.0%
  • This year-33.2%
  • 1 year-41.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$2.8B
Operating margin
-1.1%
Net margin
-3.5%
EPS (TTM, diluted)
$-0.72

Growth

Revenue growth
−0.0%
Change in growth rate
+1.1 pts
Share count change
+3.0%

Cash

Free cash flow (TTM)
$74.4M
FCF margin
2.7%
Stock pay % of revenue
0.8%

Earnings

Last results
August 4, 2026
Next results (est.)
November 3, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Results
  3. Leadership
  4. Announcement
  5. Results
  6. Guidance
  7. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Masterbrand, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: after-tax interest is 43% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Masterbrand, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.5%: the 10-year Treasury yield (4.9%) plus a beta of 1.02 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. — Does not apply: This model is withheld pending its input or assumption review.
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$3.4 ~$3.1–$4.4 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$5.9 ~$3.8–$9.2 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$4.7 ~$4.1–$5.6 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Masterbrand, Inc. with Building Products in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 2022202320242025Now
Share price$7.58$14.85$14.44$11.27$7.37
Market value$979m$1.9bn$1.9bn$1.5bn$991m
+ Net debt (− = net cash)$878m$564m$899m$802m$1.1bn
Enterprise value$1.9bn$2.5bn$2.8bn$2.3bn$2.1bn
Multiples
Price / sales 0.3x0.7x0.7x0.5x0.4x
Price / earnings 6.3x10.6x15.0x54.5x—
Price / free cash flow 5.4x5.5x9.0x12.4x13.3x
EV / EBITDA 7.4x7.0x9.5x12.1x46.2x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 5, 2026, after the close. Analysts expect revenue of $1.1bn and EPS of $0.03 (range $0.02 to $0.04) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$0.04 −104% $3.5bn +28%
Next $0.22 +700% $4.2bn +19%

Next year's EPS estimate has moved −63.9% in 90 days, across 3 analysts.

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.07 $0.05 −28.6%
Mar 2026 −$0.04 $0.06 +271.4%
Dec 2025 $0.14 −$0.02 −114.3%
Sept 2025 $0.36 $0.33 −8.3%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 4, 2026
  • Net sales second half of 2026 $2.05bn to $2.11bn New
    “Net sales of $2.05 to $2.11 billion” source
  • Adjusted diluted earnings per share second half of 2026 $-0.05 to $0.03 Non-GAAP New
    “Adjusted diluted earnings per share 1,2 in the range of $(0.05) to $0.03” source
  • Gross tariff costs as a percentage of net sales full-year 2026 5% to 6%
    “Gross tariff costs of approximately 5-6% of full-year 2026 net sales; expected to be fully offset on a dollar-for-dollar run-rate basis by end of year” source
  • Adjusted EBITDA second half of 2026 $129m to $149m Non-GAAP New
    “Adjusted EBITDA 1,2 in the range of $129 to $149 million, with related adjusted EBITDA margin 1,2 in the range of 6.3% to 7.1%” source
  • Adjusted EBITDA margin second half of 2026 6.3% to 7.1% Non-GAAP New
    “Adjusted EBITDA 1,2 in the range of $129 to $149 million, with related adjusted EBITDA margin 1,2 in the range of 6.3% to 7.1%” source
  • Interest expense assumption second half of 2026 about $50m New
    “Reflects interest expense of approximately $50 million, reflecting the newly arranged $375 million delayed-draw Term Loan A used to retire American Woodmark's debt at close” source
Show 3 more items
  • Synergy capture included in outlook second half of 2026 about $15m New
    “This outlook reflects the combined company, with American Woodmark included for the full second half, and includes approximately $15 million of synergy capture and approximately $11 million of IEEPA duty refunds received and expected to be received over the period.” source
  • IEEPA duty refunds included in outlook second half of 2026 about $11m New
    “This outlook reflects the combined company, with American Woodmark included for the full second half, and includes approximately $15 million of synergy capture and approximately $11 million of IEEPA duty refunds received and expected to be received over the period.” source
  • Long-term annual run-rate cost synergy target by the end of year three post-close about $100m Raised
    “The Company now expects over $100 million in annual run-rate cost synergies by the end of year three post-close, exceeding its original synergy target.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

2 analysts, Oct 2026
Buy00%
Hold2100%
Sell00%

Monthly trend

  1. Oct 202622
  2. Sep 202622
  3. Aug 202622

Counts of recommendations published by analysts covering Masterbrand, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
11.2%
of tradable shares
Days to cover
6.1
at average volume
Short interest, 1 month
+21%
to September 30, 2026
Held by institutions
—
of shares
Held by insiders
1.6%
of shares
Employees
12,633
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −41.6%

$12.63 on October 31, 2025 to $7.37

ThenNowEffect
Revenue (last 12 months) $2.8bn $2.8bn 0.0%
P/S multiple 0.6x 0.4x −39.9%
Share count 131m 135m −3.0%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years −37.4%

$11.78 on November 3, 2023 to $7.37

ThenNowEffect
Revenue (last 12 months) $3.0bn $2.8bn −7.9%
P/S multiple 0.5x 0.4x −29.7%
Share count 130m 135m −3.4%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 2023202420252026 to date
Return
MBC+97%−2%−24%−33%
Industry peers (median)+44%+12%−11%+5%
S&P 500+26%+25%+18%+11%
Months that ended higher
MBC75%42%42%46%
S&P 50067%75%75%46%
Largest fall from a high during the year
MBC−29%−26%−47%−54%
S&P 500−10%−8%−19%−9%

Worst fall since December 9, 2022: 67% from October 18, 2024 to October 12, 2026. Getting back needed a 199% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$6.43 – $13.82
From 52-week high
−46.7%
vs 50-day average
+0.9%
vs 200-day average
−16.5%
Volatility (1 year)
55%
Beta vs S&P 500
1.15

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±7.1%
After a week
4 up, 8 down
typical move ±9.9%
After a month
5 up, 7 down
typical move ±14.5%
Results releasedNext dayS&P 500 next day5 days21 days
August 4, 2026 +2.5% +1.6% +3.4% −8.5%
May 5, 2026 −5.8% +2.2% −12.1% +1.8%
February 10, 2026 −10.3% −0.3% −10.6% −39.9%
November 4, 2025 −13.2% −0.8% −15.0% −9.9%
August 6, 2025 +5.7% +0.7% +17.2% +19.2%
May 6, 2025 −17.6% −0.4% −8.8% −15.6%
February 18, 2025 −9.5% +0.5% −14.9% −16.8%
November 5, 2024 +0.2% +3.7% −4.9% −5.4%
August 6, 2024 −4.4% +0.2% −5.9% +0.8%
May 7, 2024 −7.6% +0.1% −4.6% −10.1%
February 26, 2024 +7.7% −0.2% +12.6% +22.5%
November 7, 2023 +0.3% +0.4% +9.2% +23.4%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Masterbrand, Inc. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Masterbrand, Inc.
$2.7B $2.7B $2.8B $2.8B $2.9B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $2.8B Revenue (TTM), FY23 Q4: $2.7B Revenue (TTM), FY24 Q1: $2.7B Revenue (TTM), FY24 Q2: $2.7B Revenue (TTM), FY24 Q3: $2.7B Revenue (TTM), FY24 Q4: $2.7B Revenue (TTM), FY25 Q1: $2.7B Revenue (TTM), FY25 Q2: $2.8B Revenue (TTM), FY25 Q3: $2.8B Revenue (TTM), FY25 Q4: $2.7B Revenue (TTM), FY26 Q1: $2.7B Revenue (TTM), FY26 Q2: $2.8B $2.8B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $2.8B
FY23 Q4 $2.7B
FY24 Q1 $2.7B
FY24 Q2 $2.7B
FY24 Q3 $2.7B
FY24 Q4 $2.7B
FY25 Q1 $2.7B
FY25 Q2 $2.8B
FY25 Q3 $2.8B
FY25 Q4 $2.7B
FY26 Q1 $2.7B
FY26 Q2 $2.8B
Revenue growth, TTM YoY Masterbrand, Inc.
-20% -10% 0% 10% FY23 Q4 FY24 Q2 FY24 Q4 FY25 Q2 FY25 Q4 FY26 Q2 Revenue growth, TTM YoY, FY23 Q4: -16.8% Revenue growth, TTM YoY, FY24 Q1: -15.4% Revenue growth, TTM YoY, FY24 Q2: -11.5% Revenue growth, TTM YoY, FY24 Q3: -4.4% Revenue growth, TTM YoY, FY24 Q4: -0.9% Revenue growth, TTM YoY, FY25 Q1: 1.3% Revenue growth, TTM YoY, FY25 Q2: 4.0% Revenue growth, TTM YoY, FY25 Q3: 1.8% Revenue growth, TTM YoY, FY25 Q4: 1.3% Revenue growth, TTM YoY, FY26 Q1: -1.1% Revenue growth, TTM YoY, FY26 Q2: -0.0% -0.0%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 -16.8%
FY24 Q1 -15.4%
FY24 Q2 -11.5%
FY24 Q3 -4.4%
FY24 Q4 -0.9%
FY25 Q1 1.3%
FY25 Q2 4.0%
FY25 Q3 1.8%
FY25 Q4 1.3%
FY26 Q1 -1.1%
FY26 Q2 -0.0%
Operating margin (TTM) Masterbrand, Inc.
-5% 0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 9.2% Operating margin (TTM), FY23 Q4: 11.2% Operating margin (TTM), FY24 Q1: 11.3% Operating margin (TTM), FY24 Q2: 11.0% Operating margin (TTM), FY24 Q3: 9.6% Operating margin (TTM), FY24 Q4: 8.7% Operating margin (TTM), FY25 Q1: 7.7% Operating margin (TTM), FY25 Q2: 7.2% Operating margin (TTM), FY25 Q3: 6.7% Operating margin (TTM), FY25 Q4: 4.4% Operating margin (TTM), FY26 Q1: 2.4% Operating margin (TTM), FY26 Q2: -1.1% -1.1%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 9.2%
FY23 Q4 11.2%
FY24 Q1 11.3%
FY24 Q2 11.0%
FY24 Q3 9.6%
FY24 Q4 8.7%
FY25 Q1 7.7%
FY25 Q2 7.2%
FY25 Q3 6.7%
FY25 Q4 4.4%
FY26 Q1 2.4%
FY26 Q2 -1.1%
FCF margin (TTM) Masterbrand, Inc.
0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 14.4% FCF margin (TTM), FY23 Q4: 12.8% FCF margin (TTM), FY24 Q1: 11.2% FCF margin (TTM), FY24 Q2: 9.1% FCF margin (TTM), FY24 Q3: 6.5% FCF margin (TTM), FY24 Q4: 7.8% FCF margin (TTM), FY25 Q1: 5.8% FCF margin (TTM), FY25 Q2: 5.7% FCF margin (TTM), FY25 Q3: 4.9% FCF margin (TTM), FY25 Q4: 4.3% FCF margin (TTM), FY26 Q1: 0.5% FCF margin (TTM), FY26 Q2: 2.7% 2.7%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 14.4%
FY23 Q4 12.8%
FY24 Q1 11.2%
FY24 Q2 9.1%
FY24 Q3 6.5%
FY24 Q4 7.8%
FY25 Q1 5.8%
FY25 Q2 5.7%
FY25 Q3 4.9%
FY25 Q4 4.3%
FY26 Q1 0.5%
FY26 Q2 2.7%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Masterbrand took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $2.7B
  2. Cost of revenue $1.9B · 69.7%
  3. Gross profit $828M · 30.3%
  4. Selling, general and admin $668M · 24.4%
  5. Other operating costs $40.8M · 1.5%
  6. Operating income $119M · 4.4%
  7. Income tax $19.6M · 0.7%
  8. Interest and other $72.7M · 2.7%
  9. Net income $26.7M · 1.0%

Shares of revenue. Source: Masterbrand's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 2,855 3,276 2,726 2,700 2,735 2,777
Gross profit 784 941 901 877 828 748
EBITDA 279 251 355 293 187 46
Operating income 234 203 306 236 119 −32
Net income 183 155 182 126 27 −97
Diluted EPS $1.43 $1.20 $1.40 $0.96 $0.21 −$0.72
Growth (year on year)
Revenue — +14.7% −16.8% −0.9% +1.3% −0.0%
EBITDA — −10.1% +41.8% −17.6% −36.2% −83.3%
Operating income — −13.2% +50.7% −23.0% −49.5% −115.9%
Net income — −14.9% +17.1% −30.8% −78.8% −203.4%
Diluted EPS — −16.1% +16.7% −31.4% −78.1% −200.4%
Margins
Gross margin 27.5% 28.7% 33.1% 32.5% 30.3% 26.9%
EBITDA margin 9.8% 7.7% 13.0% 10.8% 6.8% 1.7%
Operating margin 8.2% 6.2% 11.2% 8.7% 4.4% −1.1%
Net margin 6.4% 4.7% 6.7% 4.7% 1.0% −3.5%
Free-cash-flow margin 3.4% 5.5% 12.8% 7.8% 4.3% 2.7%
Cash flow
Cash from operations 148 236 406 292 196 148
Capital spending 52 56 57 81 78 74
Free cash flow 97 180 348 211 118 74
Stock-based pay 9 11 18 22 16 21
Free cash flow after stock pay 87 169 331 189 101 53
Balance sheet
Cash 141 101 149 121 183 242
Total debt 0 979 713 1,020 985 1,390
Net debt (negative = net cash) −141 878 564 899 802 1,149
Diluted shares 128m 129m 130m 131m 129m 135m
Returned to shareholders
Buybacks 0 0 22 7 18 0
Total returned 0 0 22 7 18 0

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 6 checks passed · June 28, 2026
What it owns · $4.5bn
Short-term assets $1.1bnLonger-term assets $3.4bn
What it owes, and who funded it · $4.5bn
Short-term liabilities $604mLonger-term liabilities $1.9bnShareholders' equity $2.0bn
  • Short-term assets cover short-term liabilities $1.1bn of assets due within a year against $604m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $1.1bn short-term assets against $1.9bn of longer-dated liabilities.
  • More cash than debt $242m of cash against $1.4bn of debt.
  • Debt below 40% of shareholders' equity Debt is 71% of equity.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $148m of operating cash flow against $1.4bn of debt.
  • Operating profit covers interest at least five times over Operating income of −$32m against $75m of interest.

From Masterbrand, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$0
Returned to shareholders
0%
of free cash flow
Buybacks, last 3 fiscal years
$46.6M
Diluted share count
+3.0%
year over year
Total shareholder yield
0.0%
dividends 0.0% + buybacks 0.0% of market value
Sales & admin spending
26.2%
of revenue
Days sales outstanding
32 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in building products
Last 12 months unless stated MBC WTS SPXC JELD SSD WMS Median
Revenue, last 12 months $2.8bn $2.7bn $2.6bn $3.2bn $2.4bn $3.2bn $1.8bn
Revenue growth, last 12 months −0.0% 17.1% 20.2% −8.1% 6.5% 10.4% 3.7%
Revenue growth, 3-year average −2.7% 10.3% 15.2% −11.4% 3.9% 3.2% 3.6%
Revenue growth, latest quarter 11.5% 18.6% 20.5% −0.7% 6.3% 20.6% 8.0%
Gross margin 26.9% 48.9% 39.9% 15.5% 45.7% 38.6% 32.0%
Operating margin −1.1% 19.1% 16.1% −8.8% 20.6% 20.7% 7.0%
Operating margin, 3-year average 5.7% 17.9% 15.5% −5.6% 20.0% 22.3% 10.7%
Net margin −3.5% 14.3% 11.5% −16.4% 15.6% 14.0% 5.1%
Cash from operations / revenue 5.3% 14.9% 14.4% −1.8% 23.7% 25.0% 12.4%
Free-cash-flow margin 2.7% 13.1% 8.7% −5.1% 19.3% 17.1% 8.9%
Free-cash-flow margin, 3-year average 5.8% 13.6% 10.7% −2.5% 10.9% 16.2% 8.5%
Stock pay / revenue 0.8% 0.9% 0.7% 0.5% 0.9% 1.2% 0.7%
Change in share count 3.0% 0.0% 6.2% 1.1% −1.4% −0.1% −0.6%

Median of all 46 companies we cover in building products. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

46 building products companies
Measure Company Peer median Rank
Revenue growth Growth -0.0% 4.0% 32 of 46
Change in growth rate Growth +1.1pp +0.8pp 21 of 46
Gross margin Profitability 26.9% 32.1% 27 of 43
Operating margin Profitability -1.1% 7.2% 35 of 45
Net margin Profitability -3.5% 5.6% 35 of 46
Free-cash-flow margin Cash generation 2.7% 9.1% 33 of 46
Stock pay as % of revenue Cash generation 0.8% 0.7% 22 of 41
Long-term debt as % of assets Balance sheet 30.6% 25.7% 24 of 37
Change in share count Balance sheet 3.0% -0.6% 38 of 44
Days sales outstanding Balance sheet 32 days 53 days 2 of 34

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 28, 2025
Products and services
Line of business Revenue Share YoY
Dealers $1.5B 54.9% ▲ 5.6%
Retail $878M 32.1% ▼ 5.3%
Builders $356M 13.0% ▲ 1.3%
Geography
Region Revenue Share YoY
United States $2.6B 95.9% ▲ 1.8%
Canada $97.9M 3.6% ▼ 8.0%
Mexico $14.6M 0.5% ▼ 21.1%

From Masterbrand, Inc.'s 10-K filed February 13, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$2.3B
Institutions reporting
342
Shares held vs prior quarter
▲ 42.9%
Positions opened / closed
64 / 51

Top buyers and sellers, Q2 2026: 214 institutions bought and 101 sold ; the biggest buyer was Blackrock, Inc (+12.2M shares) and the biggest seller Boston Partners (−6.7M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $325M 31.6M 14.3% ▲ 63.1%
Pzena Investment Management LLC $158M 15.3M 6.9% ▲ 301.9%
Coliseum Capital Management, LLC $136M 13.2M 6.0% ▲ 4.0%
Gates Capital Management, Inc. $136M 13.2M 6.0% ▲ 27.4%
FMR LLC $107M 10.4M 4.7% ▲ 138.9%
Redwood Capital Management, LLC $101M 9.8M 4.5% ▲ 663.7%
Dimensional Fund Advisors LP $94.6M 9.2M 4.2% ▲ 31.2%
Vanguard Capital Management LLC $90.9M 8.8M 4.0% ▲ 54.3%
State Street Corp $84.3M 8.2M 3.7% ▲ 67.6%
Pertento Partners LLP $61.4M 6.0M 2.7% ▲ 20.2%
Geode Capital Management, LLC $52.8M 5.1M 2.3% ▲ 65.6%
Sixth Street Partners Management Company, L.P. $50.5M 4.9M 2.2% 0.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Masterbrand, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $696,347 4 trades by 4 insiders, last 12 months Insider sales History → $853,809 5 trades by 3 insiders · 0% under pre-set plans
Net ▼ $157,462 net selling
Insider Date Trade Shares Price Value
Young Mark A. VP, Chief Accounting Officer August 25, 2026 Sell 2,943 $9.15 $26,928
Young Mark A. VP, Chief Accounting Officer August 25, 2026 Sell 3,057 $9.15 $27,972
Wanninger Kurt EVP & Chief Operations Officer August 11, 2026 Sell 50,000 $9.22 $461,000
Fracassa Philip D. Director June 11, 2026 Buy 5,000 $9.11 $45,550
Kendrick Bruce Alan EVP & Chief HR Officer June 10, 2026 Sell 26,245 $9.02 $236,730
Petratis David D Director June 8, 2026 Buy 11,587 $8.82 $102,197
Simon Andrea Helen EVP & CFO June 4, 2026 Buy 5,000 $8.56 $42,800
Banyard R David CEO & President June 1, 2026 Buy 60,000 $8.43 $505,800
Young Mark A. VP, Chief Accounting Officer June 1, 2026 Sell 11,765 $8.60 $101,179

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 3, 2026 estimated from the company's past filing pattern, not announced

  • August 4, 2026
  • May 5, 2026
  • February 10, 2026
  • November 4, 2025
  • August 6, 2025
  • May 6, 2025

Recent SEC filings

Data status

When each part of this page on Masterbrand, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Masterbrand, Inc. in brief

What does Masterbrand, Inc. do?
Masterbrand, Inc. is a US-listed company in the building products industry. Its financial year ends in December.
What is Masterbrand, Inc.'s stock ticker?
Masterbrand, Inc. trades under the ticker MBC on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Masterbrand, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Masterbrand, Inc. reported revenue of $2.8B, 0.0% lower than a year earlier, according to its SEC filings.
What is Masterbrand, Inc.'s free cash flow?
Masterbrand, Inc.'s free-cash-flow margin is 2.7% of revenue over the trailing twelve months, ranking 33 of the 46 building products companies we cover.
Who are Masterbrand, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Pzena Investment Management LLC and Coliseum Capital Management, LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Masterbrand, Inc. buying back stock, and does it pay a dividend?
Masterbrand, Inc. spent $0 on share repurchases over the trailing twelve months, and its diluted share count still rose 3.0% over the year.
What is Masterbrand, Inc.'s market cap?
On November 2, 2026, Masterbrand, Inc.'s market capitalisation was about $991M and net debt of $1.1B. Market figures come from third-party market data and may be delayed.
How much debt does Masterbrand, Inc. have?
Masterbrand, Inc.'s debt-to-equity ratio is 70.6%, from its latest balance sheet. The financial health section below sets out its other solvency checks.
Who are Masterbrand, Inc.'s competitors?
In our Building Products peer group, the companies closest to Masterbrand, Inc. are Watts Water Technologies Inc, SPX Technologies, Inc., Jeld-wen Holding, Inc., Simpson Manufacturing Co., Inc. and Advanced Drainage Systems, Inc. The side-by-side comparison below sets their revenue, margins and growth against Masterbrand, Inc.'s.
Are insiders buying or selling Masterbrand, Inc. stock?
Over the last 12 months, Masterbrand, Inc.'s directors and officers reported 4 open-market purchases and 5 sales on Form 4. The insider trading page charts every trade.
When is Masterbrand, Inc.'s next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Masterbrand, Inc. announces its own schedule.