MBCMasterBrand, Inc.
Wood Household Furniture, (no Upholstered)
- Revenue
- $2.7B
- 1.3% YoY
- Operating margin
- 4.4%
- 50% YoY
- EBITDA
- $187M
- 36% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 4.6×
- $853M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear733% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear9% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear29% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $2.9B | $3.3B | $2.7B | $2.7B | $2.7B | 1.3% |
| Operating income | $234M | $203M | $306M | $236M | $119M | 50% |
| Net income | $183M | $155M | $182M | $126M | $27M | 79% |
| Operating cash flow | $148M | $236M | $406M | $292M | $196M | 33% |
| Capex | $52M | $56M | $57M | $81M | $78M | 3.3% |
| Stock-based comp | $9M | $11M | $18M | $22M | $16M | 26% |
| Buybacks | $0 | $0 | $22M | $7M | $18M | 178% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $7M | $6M | 125 | 178 |
| FY2024 | $7M | $6M | 160 | 164 |
| FY2023 | $7M | $16M | 165 | 144 |
| FY2022 | $7M | $3M | 84 | 95 |