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Masonite International Corporation DOOR
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Quarterly report 2024-Q1
added 05-16-2026

Masonite International Corporation Income Statement 2023-2011 | DOOR

Brief overview of income trends at Masonite International Corporation

The comparison covers a five-year financial horizon. According to figures from Masonite International Corporation, revenue changed from $2.2 billion to $2.8 billion over five years. Across the full period, sales moved by +30.4%; the average annual rate was 5.5%. Sales increased steadily, although without strong acceleration.

At the gross-profit level, the result moved from 435 million dollars to 666 million dollars, a change of +52.9%. Cost of revenue developed more favorably than sales, supporting gross profitability. Gross profit as a share of revenue changed from 20.1% to 23.5%. The margin shift points to a more favorable sales-and-cost structure.

The operating result measured by EBITDA moved from 250 million dollars to 335 million dollars, or +34.1%. Operating performance was consistent with the change in sales. At the operating-margin level, the figure shifted from 11.5% to 11.8%. Operating efficiency did not change materially.

Net profit was $92.7 million at the start and $118 million at the end. Net income reached a five-year high at the end of the interval.

The market value of the business moved from $1.2 billion to $2 billion, or +59.4%. The share-price trend was broadly consistent with improving results.

What the figures show

The financial trajectory looks strong and well balanced. The strongest signals are revenue expansion, a steady EBITDA margin and better sales economics. Further direction will depend on top-line growth, operating profitability, and net income.

Annual Income Statement Masonite International Corporation

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

1.96 B 2.15 B 2.9 B - 1.81 B 1.23 B 2.17 B 1.99 B - 1.82 B 1.7 B 914 M 708 M

Shares

22 M 24.2 M 24.6 M - 25.1 M 27.4 M 29.3 M 30.3 M - 29.6 M 28.3 M 27.7 M 27.2 M

Historical Prices

88.9 88.9 118 98.3 72.2 44.8 74.2 65.8 61.2 61.5 60 33 24

Net Income

118 M 94.5 M 69 M - 44.6 M 92.7 M 152 M 32 M - -37.3 M -11 M -23.2 M -6.53 M

Revenue

2.83 B 2.6 B 2.26 B - 2.18 B 2.17 B 2.03 B 1.87 B - 1.84 B 1.73 B 1.68 B 1.49 B

Cost of Revenue

2.16 B 1.99 B 1.68 B - 1.7 B 1.73 B 1.63 B - - - - - -

Gross Profit

666 M 612 M 573 M - 478 M 435 M 407 M 104 M - 265 M 226 M 216 M 185 M

Operating Income

211 M 219 M 144 M - 129 M 162 M 158 M 45.7 M - 12 M 5.81 M -3.18 M -

Interest Expense

2.09 M -15.6 M 5.22 M - -1.95 M 2.53 M 1.57 M 1.2 M - 587 K -2.32 M -528 K -

EBITDA

335 M 311 M 236 M - 229 M 250 M 240 M 129 M - 94.3 M 84.9 M 75.2 M 69.9 M

Operating Expenses

- - - - 363 M 278 M 257 M 347 M - 253 M 220 M 207 M 187 M

General and Administrative Expenses

412 M 308 M 367 M - 311 M 266 M 248 M 63 M - 224 M 207 M 207 M -

All numbers in USD currency

Quarterly Income Statement Masonite International Corporation

2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

21.9 M 21.8 M 22 M 22.1 M 22.2 M 22.2 M 22.3 M 22.5 M 23.1 M 24.4 M 24.1 M 24.5 M 24.5 M - 24.5 M 24.5 M 24.9 M 24.9 M 24.9 M 25.1 M 25.6 M 25.8 M 27.5 M 27.6 M 28.2 M 28.4 M 29.1 M 29.8 M 29.9 M 30.4 M 30.4 M 30.6 M 30.5 M - 30.4 M 30.2 M 30.1 M 30 M 29.7 M 29.5 M 29.2 M 29.1 M 28 M 28 M 28 M 27.9 M 27.8 M - - - - - -

Net Income

61.1 M - 41.5 M 48.2 M 38.5 M - 57 M 58.5 M 67.6 M 26.9 M 37.7 M 35 M 47 M - -21.8 M 34 M 29.9 M 1.6 M 15 M 24.2 M 3.79 M 12.3 M 24.8 M 34.7 M 20.8 M 71.8 M 29.5 M 26.9 M 23.6 M -13.2 M 32 M 33.4 M 17.8 M - -16.3 M 13.4 M -31.1 M -16.4 M -9.97 M 5.58 M -16.6 M -7.59 M 3.62 M -1.21 M -5.82 M -7.45 M -9.92 M -3.89 M -1.99 M - - - -

Revenue

668 M - 702 M 742 M 726 M - 728 M 762 M 726 M 619 M 652 M 662 M 646 M - 588 M 500 M 551 M 531 M 552 M 563 M 530 M 528 M 557 M 567 M 518 M 508 M 518 M 520 M 487 M - 1.41 M 852 K 428 K - 996 K 595 K 165 K - 839 K 574 K 242 K - 789 K 585 K 208 K - 479 K - - - - - -

Cost of Revenue

503 M - 537 M 564 M 555 M - 560 M 582 M 542 M 477 M 498 M 498 M 488 M - 427 M 363 M 417 M 420 M 427 M 434 M 418 M 433 M 446 M 443 M 412 M 408 M 414 M 412 M 392 M - - - - - - - - - - - - - - - - - - - - - - - -

Gross Profit

165 M - 166 M 178 M 170 M - 167 M 179 M 184 M 142 M 154 M 164 M 159 M - 160 M 136 M 134 M 111 M 126 M 129 M 112 M 95.4 M 111 M 124 M 105 M 100 M 104 M 107 M 95.6 M 95 M 104 M 111 M 98.2 M - 87.5 M 95 M 73.3 M 67.6 M 66.2 M 78.6 M 53 M 51.5 M 59 M 64.7 M 50.4 M 52.9 M 55.4 M 60.6 M 47.4 M - - - -

Operating Income

11.4 M - 65.2 M 76.6 M 65.1 M - 84.6 M 89.2 M 101 M 43.6 M 76.2 M 60.7 M 73.4 M - -11.4 M 59.7 M 52 M 22 M 46 M 46.3 M 15 M 26.9 M 46.3 M 51.8 M 37.2 M 40.4 M 43.8 M 44.2 M 30.4 M -4.04 M 45.7 M 43.7 M 33.3 M - -12.4 M 35.2 M 12.8 M -4.5 M 2.46 M 19.5 M -5.51 M -9.39 M 6.32 M 6.88 M 2 M -5.93 M -1.04 M 5.35 M -1.56 M - - - -

Interest Expense

85.2 M - 1.08 M 550 K -52 K - -211 K 400 K 1.42 M 1.87 M 1.47 M 1.59 M 1.34 M - 1.95 M 1.45 M -49 K -4.36 M 824 K 456 K 1.13 M 724 K 1.1 M 970 K 272 K 835 K 186 K 22 K 249 K -1.78 M 1.2 M 801 K -786 K - 1.72 M 635 K 1.18 M 1.67 M 404 K -1.31 M -181 K -3.09 M 255 K 363 K 158 K 669 K -80 K -1.26 M 142 K - - - -

EBITDA

39 M - 88.1 M 99.5 M 86.6 M - 102 M 106 M 118 M 43.6 M 93.5 M 77.9 M 91.6 M - 6.44 M 76.6 M 68 M 22 M 62.4 M 64.5 M 33.3 M 26.9 M 62 M 65.5 M 51.2 M 40.4 M 58 M 59.5 M 44.4 M -4.04 M 59.7 M 58.5 M 47.9 M - 2.17 M 49.6 M 28.1 M -4.5 M 18.3 M 34.1 M 9.94 M -9.39 M 21.8 M 22.5 M 18.5 M -5.93 M 14.8 M 5.35 M -1.56 M - - - -

General and Administrative Expenses

153 M - 98.6 M 98.7 M 102 M - 82.7 M 90.3 M 83.2 M 94.7 M 76.6 M 82.5 M 83.6 M - 118 M 73.4 M 80.3 M 76.8 M 77.6 M 78.1 M 78.1 M 61.6 M 64.5 M 71.9 M 68.2 M 59.9 M 58.8 M 63.6 M 64.8 M 67.6 M 63 M 69 M 64.9 M - 59.6 M 58.8 M 58.2 M 53.9 M 53.9 M 58.5 M 57.8 M 54.7 M 51.4 M 54.1 M 47 M 52.4 M 52.7 M 54.6 M 48.4 M - - - -

All numbers in USD currency

The income statement is one of the three key financial reports of a company Masonite International Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

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