← MasterBrand, Inc.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| NET INCOME | $182.6m | $155.4m | $182.0m | $125.9m | $26.7m | |
| Depreciation | $44.4m | $47.3m | $49.0m | $57.1m | $67.9m | |
| Amortization of intangibles | $17.8m | $17.2m | $15.3m | $20.2m | $25.6m | |
| Write-off and amortization of finance fees | $0 | $0 | $2.2m | $8.9m | $2.7m | |
| Deferred taxes | ($7.7m) | $2.3m | ($5.7m) | $4.6m | $12.8m | |
| Payments of employee taxes withheld from share-based awards | $0 | ($100k) | ($4.0m) | ($11.4m) | ($8.3m) | |
| Restructuring charges, net of cash payments | ($400k) | $13.0m | ($9.4m) | $10.5m | ($1.7m) | |
| Stock-based compensation | $9.3m | $10.9m | $17.8m | $21.9m | $16.1m | |
| Provision for bad debt | — | — | $1.9m | $400k | $17.8m | |
| Recognition of actuarial losses and settlement charges | ($200k) | ($900k) | ($2.9m) | $2.7m | ($400k) | |
| Accounts receivable | ($72.2m) | $13.5m | $88.1m | $21.7m | $24.0m | |
| Inventories | ($58.5m) | ($70.1m) | $123.6m | ($10.7m) | $8.0m | |
| Other current assets | ($1.7m) | ($5.3m) | $2.1m | ($5.7m) | ($22.4m) | |
| Accounts payable | $44.7m | $18.3m | ($69.4m) | $23.8m | $15.7m | |
| Accrued expenses and other current liabilities | $3.0m | $1.8m | $17.2m | $3.4m | $3.6m | |
| Other items | ($500k) | ($500k) | ($1.4m) | ($2.2m) | ($2.5m) | |
| Proceeds from the disposition of assets | $100k | $0 | $400k | $14.6m | $3.8m | |
| Proceeds from revolving credit facility borrowings | — | $235.0m | $255.0m | $470.0m | $240.0m | |
| Repayment of revolving credit facility borrowings | — | $0 | ($490.0m) | ($150.0m) | ($275.0m) | |
| Repayment of term loan | — | $0 | ($37.5m) | ($712.5m) | $0 | |
| Payment of financing fees | $0 | ($10.1m) | $0 | ($17.8m) | ($1.8m) | |
| Restricted cash included in other assets | — | $0 | $0 | $1.0m | $600k | |
| NET CASH PROVIDED BY OPERATING ACTIVITIES | $148.2m | $235.6m | $405.6m | $292.0m | $195.7m | |
| Capital expenditures | ($51.6m) | ($55.9m) | ($57.3m) | ($80.9m) | ($78.2m) | |
| Acquisition of business, net of cash acquired | — | $0 | $0 | ($514.5m) | $0 | |
| NET CASH USED IN INVESTING ACTIVITIES | ($51.5m) | ($55.9m) | ($56.9m) | ($580.8m) | ($74.4m) | |
| Issuance of long-term debt | $0 | $985.0m | $255.0m | $700.0m | $0 | |
| Repurchase of common stock | $0 | $0 | ($22.0m) | ($6.5m) | ($18.1m) | |
| NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES | ($109.7m) | ($215.3m) | ($299.9m) | $269.6m | ($65.7m) | |
| Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash | $100k | ($4.7m) | ($1.2m) | ($7.9m) | $6.7m | |
| NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | ($12.9m) | ($40.3m) | $47.6m | ($27.1m) | $62.3m | |
| Cash, cash equivalents, and restricted cash at beginning of period | $141.4m | $101.1m | $148.7m | $121.6m | $183.9m | |
| Cash and cash equivalents | — | $101.1m | $148.7m | $120.6m | $183.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.