MasterBrand, Inc. Earnings Per Share Disclosure
| (U.S. Dollars presented in millions, except per share amounts) | 2025 | 2024 | 2023 | |||||||||||||||||
| Numerator: | ||||||||||||||||||||
| Numerator for basic and diluted earnings per share - Net income | $ | 26.7 | $ | 125.9 | $ | 182.0 | ||||||||||||||
| Denominator: | ||||||||||||||||||||
| Denominator for basic earnings per share - weighted average shares outstanding | 127.0 | 127.1 | 127.8 | |||||||||||||||||
| Effect of dilutive securities - stock-based awards | 2.2 | 3.8 | 2.1 | |||||||||||||||||
Denominator for diluted earnings per share - weighted average shares outstanding | 129.2 | 130.9 | 129.9 | |||||||||||||||||
| Earnings per share: | ||||||||||||||||||||
| Basic | $ | 0.21 | $ | 0.99 | $ | 1.42 | ||||||||||||||
| Diluted | $ | 0.21 | $ | 0.96 | $ | 1.40 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 13, 2026 | Showing above |
| 2024 | Feb 19, 2025 | |
| 2023 | Feb 27, 2024 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.