MasterBrand, Inc.

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
NET SALES $2.9b $3.3b $2.7b $2.7b $2.7b
GROSS PROFIT $783.9m $940.5m $901.4m $877.0m $827.6m
OPERATING INCOME $234.3m $203.3m $306.3m $235.7m $119.0m
Amortization of intangible assets $17.8m $17.2m $15.3m $20.2m $25.6m
Restructuring charges $4.2m $25.1m $10.1m $18.0m $15.2m
Gain on sale of asset $0 $0 ($4.3m) $0
Basic (in shares) $1 $1 $1 $1 $0
Diluted (in shares) $1 $1 $1 $1 $0
INCOME BEFORE TAXES $238.3m $213.4m $238.7m $168.3m $46.3m
NET INCOME $182.6m $155.4m $182.0m $125.9m $26.7m
Cost of products sold $2.1b $2.3b $1.8b $1.8b $1.9b
Selling, general and administrative expenses $527.6m $648.5m $569.7m $603.1m $667.8m
Interest expense $0 $2.2m $65.2m $74.0m $74.1m
Other (income) expense, net $600k $600k $2.4m ($2.3m) ($1.4m)
Income tax expense $55.7m $58.0m $56.7m $42.4m $19.6m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.