MasterBrand Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 25, 2022	Dec '21 Dec 26, 2021
Net Income	26.7	125.9	182	155.4	182.6
Depreciation & Amortization	93.5	77.3	64.3	64.5	62.2
Other Amortization	2.7	8.9	2.2	-	-
Asset Writedown & Restructuring Costs	-1.7	10.5	-9.4	59.4	-0.4
Stock-Based Compensation	16.1	21.9	17.8	10.9	9.3
Provision & Write-off of Bad Debts	17.8	0.4	1.9	-	-
Other Operating Activities	12.4	7.3	-2.8	3.2	-7.5
Change in Accounts Receivable	24	21.3	86.2	13.5	-72.2
Change in Inventory	8	-10.7	123.6	-70.1	-58.5
Change in Accounts Payable	15.7	23.8	-69.4	18.3	44.7
Change in Other Net Operating Assets	-19.5	5.4	9.2	-19.5	-12
Operating Cash Flow	195.7	292	405.6	235.6	148.2
Operating Cash Flow Growth	-32.98%	-28.01%	72.16%	58.97%	-27.57%
Capital Expenditures	-78.2	-80.9	-57.3	-55.9	-51.6
Sale of Property, Plant & Equipment	3.8	14.6	0.4	-	0.1
Cash Acquisitions	-	-514.5	-	-	-
Investing Cash Flow	-74.4	-580.8	-56.9	-55.9	-51.5
Long-Term Debt Issued	240	1,170	255	3,740	2,614
Long-Term Debt Repaid	-275	-862.5	-527.5	-3,009	-2,767
Net Debt Issued (Repaid)	-35	307.5	-272.5	730.1	-152.9
Issuance of Common Stock	-	-	-	5.3	43.7
Repurchase of Common Stock	-26.4	-17.9	-26	-0.1	-
Common Dividends Paid	-	-	-	-940	-
Other Financing Activities	-4.3	-20	-1.4	-10.6	-0.5
Financing Cash Flow	-65.7	269.6	-299.9	-215.3	-109.7
Foreign Exchange Rate Adjustments	6.7	-7.9	-1.2	-4.7	0.1
Net Cash Flow	62.3	-27.1	47.6	-40.3	-12.9
Free Cash Flow	117.5	211.1	348.3	179.7	96.6
Free Cash Flow Growth	-44.34%	-39.39%	93.82%	86.02%	-45.52%
Free Cash Flow Margin	4.30%	7.82%	12.78%	5.49%	3.38%
Free Cash Flow Per Share	0.91	1.61	2.68	1.39	0.76
Cash Interest Paid	74.4	41.7	64	0.3	-
Cash Income Tax Paid	-	40.7	68.5	10.3	15.3
Levered Free Cash Flow	122.41	211.43	321.34	159.19	89.01
Unlevered Free Cash Flow	166.03	248.78	359.89	160.56	89.01
Change in Working Capital	28.2	39.8	149.6	-57.8	-98

Updated Dec 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q