Latest Ratios: P/E Ratio 43.0x · EV/EBITDA 10.2x · ROE 2.0%. (2020–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Market Cap | $1.2B | $1.5B | $1.9B | $1.9B | $979M | — | — |
| Enterprise Value | $2.3B | $2.6B | $2.9B | $2.6B | $1.9B | — | — |
| P/E Ratio → | 42.95 | 53.67 | 15.04 | 10.61 | 6.32 | — | — |
| P/S Ratio | 0.42 | 0.53 | 0.70 | 0.71 | 0.30 | — | — |
| P/B Ratio | 0.87 | 1.08 | 1.46 | 1.62 | 0.97 | — | — |
| P/FCF | 9.82 | 12.39 | 8.95 | 5.54 | 5.45 | — | — |
| P/OCF | 5.90 | 7.44 | 6.47 | 4.76 | 4.15 | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.96 | 1.06 | 0.94 | 0.58 | — | — |
| EV / EBITDA | 10.19 | 11.52 | 8.54 | 6.84 | 5.71 | — | — |
| EV / EBIT | 17.29 | 21.78 | 11.77 | 8.39 | 8.96 | — | — |
| EV / FCF | — | 22.31 | 13.51 | 7.32 | 10.63 | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 30.3% | 30.3% | 31.8% | 32.1% | 28.1% | 26.7% | 27.8% |
| Operating Margin | 4.9% | 4.9% | 9.5% | 11.3% | 8.3% | 8.3% | 8.7% |
| Net Profit Margin | 1.0% | 1.0% | 4.7% | 6.7% | 4.7% | 6.4% | 5.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| ROE | 2.0% | 2.0% | 10.1% | 16.5% | 9.0% | 7.8% | 6.6% |
| ROA | 0.9% | 0.9% | 4.7% | 7.4% | 5.6% | 6.4% | 5.4% |
| ROIC | 4.2% | 4.2% | 9.5% | 12.3% | 9.3% | 7.8% | 7.6% |
| ROCE | 5.1% | 5.1% | 11.2% | 14.9% | 11.4% | 9.3% | 8.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.00 | 1.00 | 0.84 | 0.65 | 1.02 | 0.05 | 0.02 |
| Debt / EBITDA | 5.93 | 5.93 | 3.24 | 2.07 | 3.09 | 0.38 | 0.15 |
| Net Debt / Equity | — | 0.87 | 0.74 | 0.52 | 0.92 | -0.01 | -0.05 |
| Net Debt / EBITDA | 5.12 | 5.12 | 2.88 | 1.67 | 2.79 | -0.09 | -0.41 |
| Debt / FCF | — | 9.92 | 4.56 | 1.78 | 5.19 | -0.29 | -0.64 |
| Interest Coverage | 1.62 | 1.62 | 3.27 | 4.66 | — | — | — |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 1.67 | 1.67 | 1.65 | 1.94 | 2.02 | 2.22 | 2.21 |
| Quick Ratio | 1.03 | 1.03 | 0.95 | 1.22 | 1.11 | 1.39 | 1.42 |
| Cash Ratio | 0.44 | 0.44 | 0.31 | 0.43 | 0.25 | 0.39 | 0.49 |
| Asset Turnover | — | 0.88 | 0.92 | 1.14 | 1.29 | 0.95 | 0.91 |
| Inventory Turnover | 7.09 | 7.09 | 6.66 | 7.41 | 6.32 | 6.88 | 7.25 |
| Days Sales Outstanding | — | 20.07 | 25.82 | 27.18 | 32.27 | 39.03 | 34.56 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | 96.1% | — | — |
| Payout Ratio | — | — | — | — | 604.9% | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.3% | 1.9% | 6.6% | 9.4% | 15.8% | — | — |
| FCF Yield | 10.2% | 8.1% | 11.2% | 18.1% | 18.4% | — | — |
| Buyback Yield | 1.6% | 1.2% | 0.3% | 1.1% | 0.0% | — | — |
| Total Shareholder Yield | 1.6% | 1.2% | 0.3% | 1.1% | 96.1% | — | — |
| Shares Outstanding | — | $129M | $131M | $130M | $129M | $128M | $128M |
Cyclical housing market exposure
According to current market data, MasterBrand's TTM P/E of 47.05 appears disconnected from its recent negative earnings trajectory, suggesting that investors are pricing in a recovery that remains unsupported by the company's current fundamental performance as reported in recent quarterly financial statements and filings.
The forward P/E of 26.70 implies a significant expectation for margin expansion that may be overly optimistic given the current cyclical downturn. Investors should monitor whether this valuation premium is a result of the company's standalone status or a mispricing of the risks associated with its high-ticket cabinetry business model.
Based on reported financial figures, MasterBrand's ROIC has deteriorated from 3.3% in 2024Q2 to -0.6% in 2026Q1, indicating that the company is currently failing to generate returns that exceed its cost of capital during this period of significant operational and market-driven contraction.
The decline in ROIC is primarily driven by the compression of operating margins rather than asset turnover, which has remained relatively stable. This suggests that the company's manufacturing footprint is currently underutilized, and management's lean initiatives have yet to offset the impact of lower volume on capital productivity.
As reported in recent financial statements, the cash conversion cycle has expanded to 43 days in 2026Q1, reflecting a trend where inventory management is becoming increasingly difficult as the company struggles to align production levels with the softening demand in the residential cabinetry market.
The increase in DIO to 53 days suggests that finished goods are lingering in the supply chain longer than in previous periods, which ties up critical liquidity. Investors should monitor whether this inventory buildup is a strategic buffer or a sign of weakening sell-through at the dealer and retail levels.
Based on the latest quarterly data, MasterBrand's quick ratio has declined to 1.31 in 2026Q1, signaling that the company's ability to cover short-term obligations without relying on inventory liquidation is narrowing as the firm absorbs the impact of ongoing operational losses and rising debt service requirements.
While a current ratio of 2.08 appears adequate on the surface, the reliance on inventory to meet short-term liabilities is a concern in a cyclical industry where product demand can evaporate quickly. The thinning liquidity buffer warrants further investigation into the company's access to revolving credit facilities during this downturn.
The P/E ratio is frequently misapplied to MasterBrand, as it obscures the company's high operating leverage and the extreme volatility of its earnings during housing cycles, making EV/EBITDA a more reliable metric for assessing the firm's true valuation relative to its peers and historical performance.
Because MasterBrand's earnings are highly sensitive to small changes in revenue due to its fixed cost structure, the P/E ratio can swing wildly and provide a false signal of value or overvaluation. Analysts should instead focus on normalized EBITDA multiples to strip out the noise of non-recurring restructuring costs and cyclical margin compression.
Includes 30+ ratios · 6 years · Updated daily
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Quick answers to the most common questions about buying MBC stock.
MasterBrand, Inc.'s current P/E ratio is 43.0x. The historical average is 21.4x. This places it at the 75th percentile of its historical range.
MasterBrand, Inc.'s current EV/EBITDA is 10.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.2x.
MasterBrand, Inc.'s return on equity (ROE) is 2.0%. The historical average is 8.7%.
Based on historical data, MasterBrand, Inc. is trading at a P/E of 43.0x. This is at the 75th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
MasterBrand, Inc. has 30.3% gross margin and 4.9% operating margin.
MasterBrand, Inc.'s Debt/EBITDA ratio is 5.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.