Masco Corporation (MAS) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$1.31	$1.64	+25.2%	—	—	—
Q3 26	$0.88	$1.04	+18.2%	—	—	—
Q2 26	$0.79	$0.82	+3.8%	—	—	—
Q1 26	$1.08	$1.3	+20.4%	—	—	—
Q4 25	$0.91	$0.87	-4.4%	—	—	—
Q3 25	$0.87	$0.89	+2.3%	—	—	—
Q2 25	$1.09	$1.08	-0.9%	—	—	—
Q1 25	$1.18	$1.2	+1.7%	—	—	—
Q4 24	$0.88	$0.93	+5.7%	—	—	—
Q3 24	$0.66	$0.83	+25.8%	—	—	—
Q2 24	$0.92	$1	+8.7%	—	—	—
Q1 24	$0.96	$1.19	+24.0%	—	—	—
Q4 23	$0.63	$0.87	+38.1%	—	—	—
Q3 23	$0.68	$0.65	-4.4%	—	—	—
Q2 23	$1.06	$0.98	-7.5%	—	—	—
Q1 23	$1.18	$1.14	-3.4%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$3.87	—	—	$7.6B	—
FY24	—	$3.87	—	—	$7.8B	—
FY23	—	$4.03	—	—	$8B	—
FY22	—	$3.75	—	—	$8.7B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$7.4B	$6B	$6.7B	$6.7B	$7.2B	$8.4B	$8.7B	$8B	$7.8B	$7.6B
YoY change	+3.07%	-18.3%	+10.6%	+0.8%	+7.17%	+16.5%	+3.64%	-8.21%	-1.74%	-3.4%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	7.4B	6B	6.7B	6.7B	7.2B	8.4B	8.7B	8B	7.8B	7.6B
Cost of revenue	4.9B	3.8B	4.3B	4.3B	4.6B	5.5B	6B	5.1B	5B	4.9B
Gross profit	2.5B	2.2B	2.3B	2.4B	2.6B	2.9B	2.7B	2.8B	2.8B	2.7B
Gross margin	33.4%	36.9%	35%	35.4%	36%	34.2%	31.3%	35.6%	36.2%	35.4%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.4B	1.2B	1.3B	1.3B	1.3B	1.8B	1.4B	1.5B	1.5B	1.4B
Operating expenses	1.4B	1.2B	1.3B	1.3B	1.3B	1.8B	1.4B	1.5B	1.5B	1.4B
Operating income	1.1B	1B	1.1B	1.1B	1.3B	1B	1.3B	1.4B	1.4B	1.3B
Operating margin	14.3%	16.7%	16%	16%	17.5%	12.2%	15.1%	17%	17.4%	16.6%
Non-operating income, net	2M	-10M	-5M	-6M	12M	-55M	-14M	-20M	-103M	-17M
Pretax income	832M	718M	907M	914M	1.1B	688M	1.2B	1.2B	1.2B	1.1B
Income tax	296M	245M	221M	230M	269M	210M	288M	278M	287M	277M
Net income	536M	580M	784M	980M	1.3B	478M	905M	960M	874M	858M
Net margin	7.28%	9.64%	11.8%	14.6%	17.8%	5.71%	10.4%	12%	11.2%	11.3%
EBITDA	1.2B	1.1B	1.2B	1.2B	1.4B	1.2B	1.5B	1.5B	1.5B	1.4B
EPS	1.54	1.72	2.5	3.39	4.74	1.7	3.75	4.03	3.87	3.87
Diluted EPS	1.47	1.66	2.37	3.22	4.59	1.62	3.63	4.02	3.76	3.86

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	2B	1.9B	1.9B	2.1B	2B	1.8B	1.8B	2.1B	1.9B	1.8B	1.9B	2B
Cost of revenue	1.2B	1.2B	1.2B	1.3B	1.3B	1.2B	1.2B	1.3B	1.3B	1.2B	1.2B	1.1B
Gross profit	744M	654M	685M	785M	725M	636M	644M	772M	656M	606M	686M	868M
Gross margin	37.6%	34.8%	35.6%	37.5%	36.6%	34.8%	35.8%	37.6%	34.2%	33.8%	35.8%	43.6%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	361M	391M	367M	388M	368M	345M	358M	361M	353M	354M	369M	397M
Operating expenses	361M	391M	367M	388M	368M	345M	358M	361M	353M	354M	369M	397M
Operating income	383M	263M	318M	397M	357M	291M	286M	411M	303M	252M	317M	471M
Operating margin	19.4%	14%	16.5%	19%	18%	15.9%	15.9%	20%	15.8%	14.1%	16.5%	23.6%
Non-operating income, net	-11M	-10M	-5M	-5M	-85M	-8M	-7M	-7M	-2M	-1M	1M	-2M
Pretax income	346M	233M	289M	366M	248M	258M	254M	378M	276M	227M	291M	440M
Income tax	86M	32M	60M	94M	68M	65M	56M	95M	76M	51M	63M	107M
Net income	260M	201M	229M	272M	180M	193M	198M	283M	200M	176M	228M	333M
Net margin	13.1%	10.7%	11.9%	13%	9.08%	10.6%	11%	13.8%	10.4%	9.82%	11.9%	16.7%
EBITDA	372M	266M	314M	392M	273M	282M	280M	404M	301M	251M	317M	468M
EPS	1.11	0.87	0.97	1.18	0.77	0.86	0.88	1.29	0.91	0.81	1.05	1.6
Diluted EPS	1.1	0.85	0.97	1.17	0.77	0.85	0.87	1.28	0.9	0.8	1.05	1.6

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	10.1B	13.6B	8.6B	13.2B	14.2B	16.9B	10.5B	15.1B	15.4B	13.3B	13.5B
Enterprise value	11.9B	15.4B	11B	15.5B	15.8B	19.2B	13.5B	17.6B	18B	15.8B	16.8B
Shares outstanding	318M	310.4M	293.9M	275.6M	258.2M	241.2M	225.3M	225M	212.5M	209M	209M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	18.8	23.5	11	13.5	11.1	35.4	11.6	15.7	17.6	15.5	15.8
P/S	1.37	2.27	1.29	1.97	1.97	2.02	1.21	1.89	1.97	1.75	1.78
P/B	-97.6	74.5	124.5	-236.2	33.7	217.1	-43.4	129.9	-291	176.8	-115.3
EV/EBITDA	9.97	13.6	8.99	12.5	11.2	16.1	9.3	11.7	12	11.4	11.1
EV/Sales	1.61	2.56	1.66	2.31	2.2	2.29	1.56	2.21	2.3	2.09	2.2
Earnings yield	5.33%	4.25%	9.12%	7.41%	9%	2.82%	8.61%	6.37%	5.67%	6.47%	6.32%
FCF yield	6.06%	4.24%	9.46%	5.07%	5.92%	4.74%	5.86%	7.76%	5.88%	6.53%	6.66%
PEG	—	—	—	—	—	—	—	—	—	—	0.66

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	33.4%	36.9%	35%	35.4%	36%	34.2%	31.3%	35.6%	36.2%	35.4%	43.6%
Operating margin	14.3%	16.7%	16%	16%	17.5%	12.2%	15.1%	17%	17.4%	16.6%	23.6%
Net margin	7.28%	9.64%	11.8%	14.6%	17.8%	5.71%	10.4%	12%	11.2%	11.3%	11.6%
ROE	-520.4%	316.9%	1.1K%	-1.8K%	303.1%	612.8%	-374%	827.6%	-1.6K%	1.1K%	5.9K%
ROA	10.4%	10.5%	14.5%	19.5%	22.1%	8.57%	17.4%	17.9%	17.4%	16.5%	15.9%
ROIC	39.9%	33.6%	32.2%	36.3%	46.2%	30.5%	36.2%	39.1%	40.6%	35.8%	36.1%
Return on tangible assets	16.9%	16.7%	20.7%	28.1%	32.4%	13%	26.5%	28.2%	25.8%	24.2%	24.8%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.01	1.96	1.64	1.75	1.8	1.76	1.56	1.68	1.75	1.81	1.86
Quick ratio	1.52	1.49	1.17	1.26	1.35	1.14	0.91	1.08	1.15	1.14	1.22
Debt / equity	-29.1	16.9	43.2	-53.1	7.09	40.6	-14.2	27.6	-60.6	42.9	-0.29
Debt / assets	0.58	0.56	0.55	0.59	0.52	0.57	0.66	0.6	0.64	0.62	0.65
Net debt / EBITDA	1.52	1.57	1.98	1.84	1.18	1.88	2.06	1.71	1.72	1.85	2.2
Interest coverage	4.63	3.57	6.81	6.75	8.85	3.47	12	12.7	12.7	12.2	13
Effective tax rate	35.6%	34.1%	24.4%	25.2%	23.8%	30.5%	24.1%	22.5%	24.7%	24.4%	24.1%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	23.1	19.4	22.6	24.3	27.8	34.7	38.5	35.4	36.8	36.2	37.4
EPS (basic)	1.54	1.72	2.5	3.39	4.74	1.7	3.75	4.03	3.87	3.87	3.87
EPS (diluted)	1.47	1.66	2.37	3.22	4.59	1.62	3.63	4.02	3.76	3.86	4.34
Book value per share	-0.32	0.59	0.23	-0.2	1.63	0.32	-1.07	0.52	-0.25	0.36	-1.85
FCF per share	1.92	1.86	2.77	2.43	3.25	3.33	2.73	5.2	4.27	4.14	5.66
Cash per share	3.75	4.19	1.88	2.53	5.14	3.84	2.01	2.82	2.98	3.1	2.78
Capex per share	0	0.08	0.05	0.12	0	0	0	—	—	0.75	0.83

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0%	0.4%	0.21%	0.51%	0.01%	0%	0.01%	—	—	2.06%	2.17%
Capex / operating cash flow	0%	3.95%	1.44%	2.87%	0.08%	0%	0.1%	—	—	15.3%	12.8%
Payout ratio	23.9%	22.2%	17.1%	14.7%	11.4%	44.1%	28.5%	26.8%	29.1%	30.4%	29%
Dividend yield	1.27%	0.95%	1.56%	1.09%	1.02%	1.25%	2.45%	1.71%	1.65%	1.97%	1.87%

Yield

1.87%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.32

ex-dividend Aug 24, 2026

Payout ratio

29%

of earnings

Dividend growth

9 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 24, 2026	$0.32
May 22, 2026	$0.32
Feb 20, 2026	$0.32

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$2B	$1.9B	$1.9B	$2.1B	$2B	$1.8B	$1.8B	$2.1B	$1.9B	$1.8B	$1.9B	$2B
YoY change	-10.2%	-2.13%	-2.68%	-1.69%	+0.2%	-2.87%	-6.49%	-1.91%	-3.33%	-1.91%	+6.5%	-2.88%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	1.2B	1.3B	552M	697M	1.3B	926M	452M	634M	634M	647M
Receivables	917M	1.1B	990M	997M	1.1B	1.2B	1.1B	1.1B	1B	1B
Inventory	712M	784M	798M	754M	876M	1.2B	1.2B	1B	938M	1B
Total current assets	2.9B	3.3B	2.8B	2.7B	3.5B	3.4B	2.9B	2.9B	2.7B	2.8B
Property, plant & equipment	348M	448M	415M	557M	552M	569M	662M	758M	721M	761M
Goodwill & intangibles	2B	2.1B	1.6B	1.5B	1.8B	1.9B	1.8B	2B	1.6B	1.7B
Total assets	5.1B	5.5B	5.4B	5B	5.8B	5.6B	5.2B	5.4B	5B	5.2B
Accounts payable	800M	824M	736M	697M	893M	1B	877M	840M	789M	810M
Short-term debt	2M	116M	8M	40M	42M	48M	244M	3M	46M	49M
Total current liabilities	1.5B	1.7B	1.7B	1.5B	1.9B	1.9B	1.9B	1.7B	1.6B	1.6B
Long-term debt	3B	3B	3B	2.9B	2.9B	3.1B	3.2B	3.2B	3.2B	3.2B
Total liabilities	5.2B	5.4B	5.3B	5.1B	5.4B	5.5B	5.4B	5.2B	5.1B	5.1B
Shareholders' equity	-103M	183M	69M	-56M	421M	78M	-242M	116M	-53M	75M
Total debt	3B	3.1B	3B	3B	3B	3.2B	3.4B	3.2B	3.2B	3.2B
Net debt	2B	1.9B	2.4B	2.3B	1.7B	2.2B	3B	2.6B	2.6B	2.6B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	560M	634M	368M	398M	646M	634M	377M	390M	559M	647M	388M	548M
Receivables	1.2B	1.1B	1.3B	1.3B	1.2B	1B	1.3B	1.3B	1.2B	1B	1.3B	1.3B
Inventory	1B	1B	1.1B	1.1B	1B	938M	1B	1.1B	1.1B	1B	1.1B	1.1B
Total current assets	3B	2.9B	2.9B	2.9B	3B	2.7B	2.8B	2.9B	3B	2.8B	2.9B	3.1B
Property, plant & equipment	1.3B	758M	1.4B	1.4B	1.4B	721M	1.4B	1.4B	1.4B	761M	1.4B	1.4B
Goodwill & intangibles	2B	2B	1.9B	1.9B	1.7B	1.6B	1.6B	1.7B	1.7B	1.7B	1.6B	1.6B
Total assets	5.4B	5.4B	5.3B	5.4B	5.3B	5B	5.1B	5.3B	5.3B	5.2B	5.2B	5.4B
Accounts payable	844M	840M	899M	924M	874M	789M	868M	871M	842M	810M	894M	890M
Short-term debt	66M	3M	52M	3M	3M	46M	133M	48M	2M	49M	129M	2M
Total current liabilities	1.7B	1.7B	1.6B	1.6B	1.6B	1.6B	1.6B	1.6B	1.6B	1.6B	1.7B	1.6B
Long-term debt	3.2B	3.2B	3.2B	3.2B	3.2B	3.2B	3.2B	3.2B	3.2B	3.2B	3.2B	3.5B
Total liabilities	5.2B	5.2B	5.2B	5.2B	5.2B	5.1B	5.1B	5.1B	5.1B	5.1B	5.2B	5.5B
Shareholders' equity	167M	116M	157M	182M	142M	-53M	-6M	149M	169M	75M	27M	-119M
Total debt	3.3B	3.2B	3.2B	3.2B	3.2B	3.2B	3.3B	3.2B	3.2B	3.2B	3.3B	3.5B
Net debt	2.7B	2.6B	2.9B	2.8B	2.5B	2.6B	2.9B	2.8B	2.6B	2.6B	2.9B	2.9B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	536M	580M	784M	980M	1.3B	478M	905M	960M	874M	858M
Depreciation & amortization	134M	127M	156M	159M	133M	151M	145M	149M	150M	148M
Stock-based compensation	29M	38M	27M	35M	45M	61M	49M	31M	39M	30M
Change in working capital	-169M	-218M	-57M	21M	-230M	-414M	-58M	275M	-35M	-62M
Operating cash flow	752M	607M	975M	1.2B	1.3B	236M	1B	1.4B	1.1B	1B
Capital expenditure	0	24M	14M	34M	1M	0	1M	—	—	-156M
Investing cash flow	56M	148M	-432M	744M	645M	116M	-5M	-140M	118M	-158M
Dividends paid	-128M	-129M	-134M	-144M	-145M	-211M	-258M	-257M	-254M	-261M
Share repurchases	-459M	-331M	-654M	-896M	-727M	-1B	-914M	-353M	-751M	-571M
Financing cash flow	-2.4B	-1.1B	-1.1B	-1.5B	-897M	-2.6B	-1.1B	-969M	-1.1B	-894M
Net change in cash	-1.6B	-357M	-605M	411M	1B	-2.3B	-36M	329M	119M	-30M
Free cash flow	609M	578M	813M	671M	839M	802M	616M	1.2B	907M	866M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	322M	6M	314M	334M	309M	-83M	262M	344M	290M	-38M	289M	416M
Depreciation & amortization	—	—	—	—	—	—	—	—	—	—	—	—
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	227M	196M	-302M	-6M	114M	159M	-327M	-77M	162M	180M	-337M	-12M
Operating cash flow	549M	202M	13M	326M	423M	83M	-66M	269M	456M	418M	-79M	496M
Capital expenditure	—	—	—	—	—	—	—	—	-41M	-47M	-34M	-43M
Investing cash flow	-136M	-2M	-2M	0	130M	-6M	-1M	-1M	-41M	-47M	-36M	-42M
Dividends paid	-64M	-64M	-64M	-64M	-63M	-63M	-66M	-66M	-65M	-64M	-65M	-64M
Share repurchases	-45M	-227M	-145M	-145M	-192M	-269M	-130M	-101M	-123M	-217M	-202M	-390M
Financing cash flow	-137M	-423M	-209M	-270M	-270M	-347M	-74M	-272M	-206M	-296M	-155M	-600M
Net change in cash	276M	-223M	-198M	56M	283M	-270M	-141M	-4M	209M	75M	-270M	-146M
Free cash flow	432M	423M	-125M	303M	378M	351M	-190M	270M	415M	371M	-113M	453M

Date	Ratio
Jul 1, 2015	1138:1000
Jul 13, 1998	2:1
May 20, 1986	2:1
Jul 3, 1984	105:100
Dec 30, 1982	2:1

Masco Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history