NYSE$MBC
MasterBrand INC · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
MasterBrand reported a decline in revenue and net income for Q4 2024, impacted by volume declines and lower selling prices, partially offset by contributions from the Supreme acquisition.
MasterBrand's Q4 2024 net sales decreased 1% year-over-year to $667.7 million, driven by a 6% volume decline and a 4% lower average selling price, partially offset by a 9% increase from the Supreme acquisition. Net income dropped 61% to $14.0 million, primarily due to lower gross profit margins, higher interest expenses, and acquisition-related costs. Adjusted EBITDA declined to $74.6 million, with an adjusted EBITDA margin of 11.2%. Adjusted diluted EPS stood at $0.21, down from $0.35 in Q4 2023.
- Net sales declined by 1% year-over-year to $667.7 million.
- Net income fell by 61% to $14.0 million due to lower gross profit margin and increased costs.
- Adjusted EBITDA declined to $74.6 million, with an 11.2% margin.
- Adjusted diluted EPS decreased to $0.21 from $0.35 in Q4 2023.
Headline financials
Revenue & EPS history
MasterBrand · Revenue · Quarterly
$668M
Forward guidance
MasterBrand expects mid-single-digit net sales growth in FY 2025, driven by contributions from the Supreme acquisition and new product offerings. Adjusted EBITDA is projected to range between $380M and $410M, with an adjusted EBITDA margin of 13.5% to 14.3%. Adjusted diluted EPS is expected to be between $1.40 and $1.57.
Tailwinds
- Net sales are expected to grow mid-single digits in 2025.
- Supreme acquisition will contribute to sales expansion.
- New product launches and channel-specific offerings to support growth.
- Previously implemented price increases to take effect.
- Cost reduction initiatives expected to improve margins.
Headwinds
- Continued softness in the housing market could impact demand.
- Inflationary pressures on raw materials and labor remain a concern.
- Higher interest expenses may affect profitability.
- Uncertainty in tariff policies could impact costs.
- Market headwinds may limit near-term margin expansion.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 17 quarterly earnings reports · overlaid with Q4 2024
-0.6%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+1.3%
Avg return
30 days after
53%
9 / 17 earnings
Positive
+18.6%
Q1 2022
Best reaction
-15.9%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -8.2% | -14.0% | +0.2% | |
| Q4 2025 | -12.7% | -14.7% | -41.0% | |
| Q3 2025 | -14.4% | -15.4% | -11.8% | |
| Q1 2025 | -15.9% | -7.8% | -13.2% | |
| Q4 2024 | -5.9% | -9.4% | -17.7% | |
| Q3 2024 | +0.2% | -3.4% | -5.4% | |
| Q2 2024 | -4.4% | -4.1% | +0.8% | |
| Q1 2024 | -7.6% | -5.1% | -10.1% | |
| Q4 2021 | +8.0% | +14.6% | +21.3% | |
| Q4 2023 | +7.7% | +15.0% | +22.4% | |
| Q3 2022 | +1.7% | +4.1% | +24.7% | |
| Q3 2023 | +0.3% | +5.5% | +23.4% | |
| Q2 2022 | +5.0% | +0.0% | -1.8% | |
| Q2 2023 | +1.3% | +3.9% | -0.7% | |
| Q1 2022 | +18.6% | +24.3% | +23.8% | |
| Q1 2023 | +18.5% | +22.1% | +29.0% | |
| Q4 2022 | -2.8% | -6.0% | -22.2% | |
| Q3 2021 | — | — | — | |
| Q2 2021 | — | — | — | |
| Q1 2021 | — | — | — |
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