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MasterBrand (MasterBrand) Gross Margin %

: 32.95% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. MasterBrand's Gross Profit for the three months ended in Dec. 2023 was $223 Mil. MasterBrand's Revenue for the three months ended in Dec. 2023 was $677 Mil. Therefore, MasterBrand's Gross Margin % for the quarter that ended in Dec. 2023 was 32.95%.


The historical rank and industry rank for MasterBrand's Gross Margin % or its related term are showing as below:

MBC' s Gross Margin % Range Over the Past 10 Years
Min: 27.45   Med: 28.71   Max: 33.06
Current: 33.06


During the past 5 years, the highest Gross Margin % of MasterBrand was 33.06%. The lowest was 27.45%. And the median was 28.71%.

MBC's Gross Margin % is ranked better than
61.82% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.64 vs MBC: 33.06

MasterBrand had a gross margin of 32.95% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for MasterBrand was 0.00% per year.


MasterBrand Gross Margin % Historical Data

The historical data trend for MasterBrand's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MasterBrand Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
28.96 28.47 27.45 28.71 33.06

MasterBrand Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.41 30.23 33.98 35.07 32.95

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, MasterBrand's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MasterBrand Gross Margin % Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, MasterBrand's Gross Margin % distribution charts can be found below:

* The bar in red indicates where MasterBrand's Gross Margin % falls into.



MasterBrand Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

MasterBrand's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=901.4 / 2726.2
=(Revenue - Cost of Goods Sold) / Revenue
=(2726.2 - 1824.8) / 2726.2
=33.06 %

MasterBrand's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=223.1 / 677.1
=(Revenue - Cost of Goods Sold) / Revenue
=(677.1 - 454) / 677.1
=32.95 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


MasterBrand  (NYSE:MBC) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

MasterBrand had a gross margin of 32.95% for the quarter that ended in Dec. 2023 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


MasterBrand Gross Margin % Related Terms

Thank you for viewing the detailed overview of MasterBrand's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


MasterBrand (MasterBrand) Business Description

Traded in Other Exchanges
Address
One MasterBrand Cabinets Drive, Jasper, IN, USA, 47546
MasterBrand Inc operates as a residential cabinet manufacturer in North America. It offers a comprehensive portfolio of leading residential cabinetry products for the kitchen, bathroom, and other parts of the home. The firm sells its products throughout the United States and Canada through three primary channels: dealers, retailers, and builders.
Executives
Kurt Wanninger officer: EVP & Chief Operations Officer C/O NORCRAFT COMPANIES, INC., 3020 DENMARK AVENUE, SUITE 100, EAGAN MN 55121
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
David D Petratis director 1415 ROSELLE ROAD, PALATINE IL 60067
Ann F Hackett director
Juliana L Chugg director 1200 WILLOW LAKE BOULEVARD, PO BOX 64683, ST PAUL MN 55164-0683
Mark A. Young officer: VP, Chief Accounting Officer 701 LIMA AVENUE, FINDLAY OH 45840
Andrean Horton officer: EVP, CLO & Secretary 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
Jeffery S. Perry director 520 LAKE COOK ROAD, SUITE 300, DEERFIELD IL 60015
Bruce Alan Kendrick officer: EVP & Chief HR Officer 520 LAKE COOK ROAD, SUITE 300, DEERFIELD IL 60015
Van Doren Martin Scott officer: EVP, Sales 520 LAKE COOK ROAD, SUITE 300, DEERFIELD IL 60015
Andrea Helen Simon officer: EVP & CFO 520 LAKE COOK ROAD, SUITE 300, DEERFIELD IL 60015
Navneet Grewal officer: EVP, Chief Digital & Tech Off. 520 LAKE COOK ROAD, SUITE 300, DEERFIELD IL 60015
Robert Crisci director C/O ROPER TECHNOLOGIES, INC., 6901 PROFESSIONAL PARKWAY, SARASOTA FL 34240
Patrick D Hallinan director FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015