Is the business good?
How good a business is MBC?
MasterBrand, Inc. earns 2.2% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
2.2%
Return on invested capital · cost of capital 9.0% · 6.8 points below what the capital costs: growth destroys value
- Operating margin
- 2.4%
Operating margin · Furnishings, Fixtures & Appliances median 5.7% · 12 months to Q1 2026
- Share count, year on year
- −2.5%
Share count, year on year · bought back, each share owns more of the company
- Gross margin
- 29%
Gross margin
| Year | Operating margin |
|---|---|
| FY2021 | 8.2% |
| FY2022 | 6.2% |
| FY2023 | 11% |
| FY2024 | 8.7% |
| FY2025 | 4.3% |
Details›
- Gross margin12 months to Q1 2026
- 29%
- Operating margin12 months to Q1 2026
- 2.4%
- Net margin12 months to Q1 2026
- −0.07%
- Free cash flow margin
- 0.46%
- Revenue, trailing twelve months
- $2.69B
- Free cash flow, trailing twelve months
- $13M
- Net income, trailing twelve months
- −$2.0M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 2.2%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Furnishings, Fixtures & Appliances
Ranks #8 of 11 by Smart Score