MasterBrand, Inc. is a holding company that was initially organized as a Delaware corporation in July 2022. Our principal operating subsidiaries include MasterBrand Cabinets, LLC (“MBC LLC”), Norcraft Companies, L.P., Kitchen Craft of Canada and Woodcrafters Home Products, S. de R.L. de C.V. As a holding company, we are a legal entity separate and distinct from our subsidiaries. Accordingly, our right, and thus the rights of our creditors (including holders of debt and other obligations) and stockholders to participate in any distribution of the assets or earnings of any subsidiary is subject to the claims of creditors of the subsidiary, except to the extent that our claims as a creditor of such subsidiary may be recognized, in which event our claims may in certain circumstances be subordinate to certain claims of others. In addition, as a holding company, the source of our unconsolidated revenues and funds is dividends and other payments from subsidiaries. Our subsidiaries have financial obligations that must be satisfied before funding us. These obligations include debt service and obligations to trade creditors, among others.
Company profile
Ticker
MBC
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
MasterBrand Cabinets LLC • Norcraft Holding LLC • Norcraft Companies, Inc. • Norcraft Companies LLC • Norcraft Holdings, L.P. • Norcraft Intermediate GP, L.L.C. • Norcraft Capital Corp. • Norcraft Intermediate Holdings, L.P. • Norcraft Companies, L.P. • Norcraft Finance Corp. ...
IRS number
883479920
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
22 Apr 24
DEF 14A
Definitive proxy
22 Apr 24
8-K
MasterBrand Adds Patrick Shannon to Board of Directors
27 Mar 24
8-K
Regulation FD Disclosure
27 Feb 24
10-K
2023 FY
Annual report
27 Feb 24
8-K
MasterBrand Reports Fourth Quarter and Full Year 2023 Financial Results
26 Feb 24
8-K
Q3 2023 Investor Presentation
8 Nov 23
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
MasterBrand Reports Third Quarter 2023 Financial Results
7 Nov 23
8-K
Q2 2023 Investor Presentation
21 Sep 23
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | |
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Revenue | ||
Cost of revenue | ||
Operating income | ||
Operating margin | ||
Net income | ||
Net profit margin | ||
Cash on hand | ||
Change in cash | ||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 122.50 mm | 122.50 mm | 122.50 mm | 122.50 mm | 122.50 mm | 122.50 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 1.07 mm | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | n/a | 7.61 mm | n/a |
Cash remaining | n/a | n/a | n/a | n/a | 114.89 mm | n/a |
Runway (months of cash) | n/a | n/a | n/a | n/a | 107.7 | n/a |
Institutional ownership, Q3 2023
85.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 325 |
Opened positions | 31 |
Closed positions | 43 |
Increased positions | 77 |
Reduced positions | 115 |
13F shares | Current |
---|---|
Total value | 1.32 tn |
Total shares | 109.18 mm |
Total puts | 2.00 k |
Total calls | 1.40 k |
Total put/call ratio | 1.4 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 19.83 mm | $240.94 bn |
Vanguard | 10.16 mm | $123.39 bn |
Gates Capital Management | 9.49 mm | $115.28 bn |
STT State Street | 4.88 mm | $59.25 bn |
Wellington Management | 4.73 mm | $57.43 bn |
Pzena Investment Management | 3.59 mm | $43.62 bn |
MS Morgan Stanley | 3.52 mm | $42.82 bn |
Thrivent Financial For Lutherans | 3.49 mm | $42.29 bn |
Dimensional Fund Advisors | 2.79 mm | $33.90 bn |
Mangrove Partners | 2.69 mm | $32.65 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
25 Mar 24 | Patrick S Shannon | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 18.56 | 1,435 | 26.63 k | 1,435 |
13 Mar 24 | Kurt Wanninger | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 17.91 | 13,959 | 250.01 k | 230,754 |
13 Mar 24 | Horton Andrean | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 17.91 | 18,146 | 324.99 k | 141,133 |
13 Mar 24 | Young Mark A. | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 17.91 | 9,771 | 175.00 k | 51,165 |