Claude Harmon shot a record-tying 279 (−9) and finished five strokes ahead of runner-up Cary Middlecoff, a future champion in 1955.

Harmon won $2,500 and his four-round score tied the record set by Ralph Guldahl in 1939.

[1] This was the final appearance as a player in the Masters for host Bobby Jones, then age 46.

[3] The five-stroke victory margin was matched by Ben Hogan in 1953; the record was raised to seven in 1955 by Cary Middlecoff, nine in 1965 by Jack Nicklaus, and twelve by Tiger Woods in 1997.

Jimmy Demaret (7,9), Ralph Guldahl (2), Herman Keiser (7,9), Byron Nelson (2,6,7,9), Henry Picard (6,9), Gene Sarazen (2,4,6), Horton Smith (9), Craig Wood (2) Billy Burke, Johnny Farrell, Bobby Jones (3,4,5), Lawson Little (3,5,9), Lloyd Mangrum (7,9,10,12), Lew Worsham (7,10,12) Dick Chapman (8,9,a), Skee Riegel (8,11,a) Denny Shute (6,9), Sam Snead (6,7,9,10) Jim Ferrier (9,10,12), Vic Ghezzi (9,10,12), Bob Hamilton, Ben Hogan (7,9,10) Herman Barron (9), Dutch Harrison (10) George Hamer (a), Fred Kammer (a), Bud Ward (3,10,11,a) Johnny Bulla, Fred Haas, Chandler Harper, Jug McSpaden, Dick Metz (10), Johnny Palmer (10), Toney Penna, Ellsworth Vines Sammy Byrd, Ed Furgol, Leland Gibson (12), Chick Harbert (12), Claude Harmon, Joe Kirkwood Sr., Gene Kunes, Jim McHale Jr. (a), Bill Nary, Al Smith, Harry Todd Bob Rosburg (a), Jack Selby (a), Felice Torza, Harvie Ward (a) Art Bell, Ky Laffoon Skip Alexander Cary Middlecoff Ed Dudley Henry Cotton (4), Bobby Locke (9,10) Thursday, April 8, 1948 Source:[4] Friday, April 9, 1948 Source:[5] Saturday, April 10, 1948 Source:[6] Sunday, April 11, 1948 Sources:[7][8] Cumulative tournament scores, relative to par