MasterBrand Full Year 2024 Earnings: EPS: US$0.99 (vs US$1.42 in FY 2023)

MasterBrand (NYSE:MBC) Full Year 2024 Results

Key Financial Results

• Revenue: US$2.70b (flat on FY 2023).
• Net income: US$125.9m (down 31% from FY 2023).
• Profit margin: 4.7% (down from 6.7% in FY 2023).
• EPS: US$0.99 (down from US$1.42 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

MasterBrand Earnings Insights

In the last 12 months, the only revenue segment was Furniture & Fixtures contributing US$2.70b. Notably, cost of sales worth US$1.82b amounted to 68% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$603.1m (80% of total expenses). Explore how MBC's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Building industry in the US.

Performance of the American Building industry.

The company's shares are down 8.0% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for MasterBrand that you should be aware of.

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