Forensic Analysis · General / Diversified · as of Jun 27, 2026
MasterBrand, Inc. (MBC)
A forensic read on MasterBrand, Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
C · Mixed — selective
Forensic grade
Safe
Financial health
3.1
Altman Z-score
Clean
Earnings quality
2
Forensic signals
-0.1%
ROE
$1.3B
Market cap
MasterBrand, Inc. earns a C (Mixed — selective) forensic quality grade, and its Altman Z-score is 3.1, placing it in the Safe zone. 2 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
3%Return on invested capital.Return on invested capital is 3% and slipping from 7% — well below its ~9% cost of capital, so reinvested dollars may be destroying value, not building it.
+0.0%/yrShare-count dilution.Diluted share count changed +0% over the last 3 years to FY2025 (+0.0%/yr). Roughly flat — buybacks are about offsetting stock comp, not shrinking the count. Per-share value isn't being meaningfully helped or hurt by the count.
Key fundamentals
Net Margin1.0%
Debt / Equity0.72x
Free Cash Flow$117.5M
Latest Revenue$2.73B
Return on Equity2.0%
Revenue Growth YoY+1.3%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on MasterBrand, Inc.:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about MBC's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown