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Masco (MAS) Financials

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$77.52 +0.01 (+0.01%)
Closing price 08/7/2026 03:59 PM Eastern
Extended Trading
$77.51 -0.01 (-0.01%)
As of 08/7/2026 07:48 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
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Annual Income Statements for Masco

Annual Income Statements for Masco

This table shows Masco's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 355 493 533 734 935 1,224 410 844 908 822 810
Consolidated Net Income / (Loss)		 394 536 580 784 980 1,276 478 905 960 874 858
Net Income / (Loss) Continuing Operations		 396 536 473 686 684 862 478 905 960 874 858
Total Pre-Tax Income 		689 832 718 907 914 1,131 688 1,193 1,238 1,161 1,135
Total Operating Income		 914 1,087 1,029 1,077 1,088 1,295 1,405 1,297 1,348 1,363 1,248
Total Gross Profit		 2,253 2,462 2,220 2,327 2,371 2,587 2,863 2,713 2,836 2,831 2,679
Total Revenue		 7,142 7,361 6,014 6,654 6,707 7,188 8,375 8,680 7,967 7,828 7,562
Operating Revenue		 7,142 7,361 6,014 6,654 6,707 7,188 8,375 8,680 7,967 7,828 7,562
Total Cost of Revenue		 4,889 4,899 3,794 4,327 4,336 4,601 5,512 5,967 5,131 4,997 4,883
Operating Cost of Revenue		 4,889 4,899 3,794 4,327 4,336 4,601 5,512 5,967 5,131 4,997 4,883
Total Operating Expenses		 1,339 1,375 1,191 1,250 1,283 1,292 1,458 1,416 1,488 1,468 1,431
Selling, General & Admin Expense		 1,339 1,375 1,191 1,250 1,274 1,292 1,413 1,390 1,473 1,468 1,426
Impairment Charge		 - - 0.00 0.00 9.00 0.00 45 26 15 0.00 5.00
Total Other Income / (Expense), net		 -225 -255 -311 -170 -174 -164 -717 -104 -110 -202 -114
Interest Expense		 225 229 279 156 159 144 278 108 106 99 101
Other Income / (Expense), net		 0.00 -26 -32 -14 -15 -20 -439 4.00 -4.00 -103 -12
Income Tax Expense		 293 296 245 221 230 269 210 288 278 287 277
Net Income / (Loss) Attributable to Noncontrolling Interest		 39 43 47 50 45 52 68 61 52 52 48
Basic Earnings per Share		 $1.03 $1.49 $1.68 $2.38 $3.24 $4.60 $1.63 $3.65 $4.03 $3.77 $3.87
Weighted Average Basic Shares Outstanding		 338M 326M 314M 305M 277.74M 257.14M 239.93M 225.20M 219.76M 211.98M 203.61M
Diluted Earnings per Share		 $1.02 $1.48 $1.66 $2.37 $3.22 $4.59 $1.62 $3.63 $4.02 $3.76 $3.86
Weighted Average Diluted Shares Outstanding		 338M 326M 314M 305M 277.74M 257.14M 239.93M 225.20M 219.76M 211.98M 203.61M
Weighted Average Basic & Diluted Shares Outstanding		 338M 326M 314M 305M 277.74M 257.14M 239.93M 225.20M 219.76M 211.98M 203.61M
Cash Dividends to Common per Share		 $0.37 $0.39 $0.41 $0.44 $0.50 $0.55 $0.85 $1.12 $1.14 $1.16 $1.24

Quarterly Income Statements for Masco

This table shows Masco's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Income / (Loss) Attributable to Common Shareholders		 191 215 258 167 182 186 270 189 165 213 318
Consolidated Net Income / (Loss)		 201 229 272 180 193 198 283 200 177 228 333
Net Income / (Loss) Continuing Operations		 201 229 272 180 193 198 283 200 177 228 333
Total Pre-Tax Income 		233 289 366 248 258 254 378 276 227 291 440
Total Operating Income		 247 318 397 357 291 286 412 303 247 316 470
Total Gross Profit		 654 685 785 725 636 644 772 656 607 686 868
Total Revenue		 1,882 1,926 2,091 1,983 1,828 1,801 2,051 1,917 1,793 1,918 1,992
Operating Revenue		 1,882 1,926 2,091 1,983 1,828 1,801 2,051 1,917 1,793 1,918 1,992
Total Cost of Revenue		 1,228 1,241 1,306 1,258 1,192 1,157 1,278 1,261 1,187 1,232 1,124
Operating Cost of Revenue		 1,228 1,241 1,306 1,258 1,192 1,157 1,278 1,261 1,187 1,232 1,124
Total Operating Expenses		 407 367 388 368 345 358 361 353 359 369 397
Selling, General & Admin Expense		 392 367 388 368 345 358 361 353 354 369 397
Total Other Income / (Expense), net		 -14 -30 -31 -109 -32 -32 -33 -27 -22 -25 -30
Interest Expense		 24 25 26 25 23 26 26 25 24 26 28
Other Income / (Expense), net		 10 -5.00 -5.00 -85 -8.00 -7.00 -7.00 -2.00 4.00 1.00 -2.00
Income Tax Expense		 32 60 94 68 65 56 95 76 50 63 107
Net Income / (Loss) Attributable to Noncontrolling Interest		 10 14 14 13 11 12 13 11 12 15 15
Basic Earnings per Share		 $0.84 $0.97 $1.18 $0.77 $0.85 $0.87 $1.29 $0.91 $0.80 $1.05 $1.60
Weighted Average Basic Shares Outstanding		 219.76M 220.24M 218.25M 215.75M 211.98M 210.94M 209.36M 207.70M 203.61M 201.73M 197.19M
Diluted Earnings per Share		 $0.86 $0.97 $1.17 $0.77 $0.85 $0.87 $1.28 $0.90 $0.81 $1.05 $1.60
Weighted Average Diluted Shares Outstanding		 219.76M 220.24M 218.25M 215.75M 211.98M 210.94M 209.36M 207.70M 203.61M 201.73M 197.19M
Weighted Average Basic & Diluted Shares Outstanding		 219.76M 220.24M 218.25M 215.75M 211.98M 210.94M 209.36M 207.70M 203.61M 201.73M 197.19M

Annual Cash Flow Statements for Masco

This table details how cash moves in and out of Masco's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 85 -478 149 -639 138 629 -400 -474 182 -1.00 15
Net Cash From Operating Activities		 810 789 751 1,032 833 953 930 840 1,413 1,075 1,022
Net Cash From Continuing Operating Activities		 810 789 751 1,032 833 953 930 840 1,414 1,072 1,022
Net Income / (Loss) Continuing Operations		 394 536 580 784 980 1,276 478 905 960 874 858
Consolidated Net Income / (Loss)		 394 536 580 784 980 1,276 478 905 960 874 858
Depreciation Expense		 133 134 127 156 159 133 151 145 149 150 148
Non-Cash Adjustments To Reconcile Net Income		 56 54 157 16 -271 -557 577 112 96 150 28
Changes in Operating Assets and Liabilities, net		 207 40 -138 55 -47 99 -276 -322 209 -102 -12
Net Cash From Investing Activities		 -189 -124 -25 -651 582 531 -12 -230 -383 -50 -144
Net Cash From Continuing Investing Activities		 -189 -124 -25 -651 582 531 -12 -230 -383 -50 -145
Purchase of Property, Plant & Equipment		 -158 -180 -173 -219 -162 -114 -128 -224 -243 -168 -156
Acquisitions		 -41 0.00 -89 -549 0.00 -227 -57 0.00 -136 -4.00 0.00
Sale of Property, Plant & Equipment		 18 0.00 24 14 34 1.00 - - 3.00 1.00 14
Divestitures		 0.00 0.00 128 0.00 722 870 5.00 0.00 0.00 126 0.00
Other Investing Activities, net		 -44 -16 -34 -10 -13 -2.00 -3.00 -6.00 -7.00 -5.00 -3.00
Net Cash From Financing Activities		 -521 -1,109 -577 -1,020 -1,291 -886 -1,298 -1,066 -854 -1,017 -888
Net Cash From Continuing Financing Activities		 -521 -1,109 -577 -1,020 -1,291 -886 -1,298 -1,066 -855 -1,016 -889
Repayment of Debt		 -507 -1,341 -644 -115 -213 -407 -1,489 -310 -282 -3.00 -2.00
Repurchase of Common Equity		 -456 -459 -331 -654 -896 -727 -1,026 -914 -353 -766 -571
Payment of Dividends		 -225 -159 -164 -223 -186 -168 -254 -326 -306 -291 -306
Issuance of Debt		 501 889 595 0.00 - 415 1,481 500 77 0.00 0.00
Other Financing Activities, net		 -36 -40 -33 -28 4.00 1.00 -10 -16 9.00 44 -10
Effect of Exchange Rate Changes		 -15 -34 - - 14 31 -20 -18 6.00 -9.00 25

Quarterly Cash Flow Statements for Masco

This table details how cash moves in and out of Masco's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Change in Cash & Equivalents		 74 -266 30 248 -13 -257 14 168 90 -259 159
Net Cash From Operating Activities		 485 -94 346 416 407 -158 306 456 418 -79 496
Net Cash From Continuing Operating Activities		 486 -95 348 416 406 -157 304 457 418 -79 496
Non-Cash Adjustments To Reconcile Net Income		 -858 314 334 309 -804 262 344 290 -868 289 416
Changes in Operating Assets and Liabilities, net		 235 -409 14 107 186 -419 -40 167 280 -368 80
Net Cash From Investing Activities		 -62 -33 -47 92 -62 -33 -37 -41 -33 -36 -42
Net Cash From Continuing Investing Activities		 -62 -33 -46 91 -62 -32 -37 -42 -34 -36 -42
Purchase of Property, Plant & Equipment		 -62 -31 -43 -38 -56 -32 -36 -41 -47 -34 -43
Other Investing Activities, net		 - -2.00 1.00 -2.00 -1.00 0.00 -1.00 -1.00 -1.00 -2.00 1.00
Net Cash From Financing Activities		 -356 -134 -270 -269 -344 -72 -272 -248 -296 -137 -296
Net Cash From Continuing Financing Activities		 -357 -134 -270 -269 -343 -71 -274 -247 -297 -136 -293
Repayment of Debt		 -67 -1.00 - -1.00 -1.00 0.00 -1.00 - -1.00 -2.00 -2.00
Repurchase of Common Equity		 -227 -160 -145 -192 -269 -130 -101 -123 -217 -202 -390
Payment of Dividends		 -64 -64 -76 -76 -75 -66 -81 -80 -79 -65 -77
Issuance of Debt		 - 49 -49 - - 131 -85 - - 127 173
Other Financing Activities, net		 1.00 42 - - 2.00 -6.00 -6.00 2.00 - 6.00 3.00
Effect of Exchange Rate Changes		 7.00 -6.00 1.00 10 -14 6.00 16 1.00 2.00 -7.00 1.00

Annual Balance Sheets for Masco

This table presents Masco's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 5,664 5,137 5,534 5,393 5,027 5,777 5,575 5,187 5,363 5,016 5,201
Total Current Assets		 3,328 2,934 3,263 2,766 2,711 3,489 3,422 2,946 2,856 2,730 2,840
Cash & Equivalents		 1,468 990 1,194 552 697 1,326 926 452 634 634 647
Accounts Receivable		 853 917 1,066 990 997 1,138 1,171 1,149 1,090 1,035 1,028
Inventories, net		 687 712 784 798 754 876 1,216 1,236 1,022 938 1,046
Prepaid Expenses		 72 114 111 84 90 149 109 109 110 123 119
Plant, Property, & Equipment, net		 1,027 1,060 1,129 885 878 908 896 975 0.00 1,116 1,195
Total Noncurrent Assets		 1,309 1,143 1,142 1,742 1,438 1,380 1,257 1,266 2,509 1,171 1,166
Goodwill		 839 832 841 511 509 563 568 537 604 597 623
Intangible Assets		 160 154 187 288 259 357 388 350 377 220 205
Other Noncurrent Operating Assets		 310 157 114 90 315 460 301 379 1,528 354 338
Total Liabilities & Shareholders' Equity		 5,664 5,137 5,534 5,393 5,027 5,777 5,575 5,187 5,363 5,016 5,201
Total Liabilities		 5,606 5,240 5,351 5,324 5,083 5,356 5,497 5,429 5,247 5,069 5,125
Total Current Liabilities		 2,403 1,460 1,667 1,684 1,548 1,934 1,939 1,889 1,695 1,560 1,573
Short-Term Debt		 1,004 2.00 116 8.00 2.00 3.00 10 205 3.00 3.00 2.00
Accounts Payable		 749 800 824 736 697 893 1,045 877 840 789 810
Accrued Expenses		 650 658 727 645 700 1,038 884 807 852 767 761
Total Noncurrent Liabilities		 3,203 3,780 3,684 3,640 3,535 3,422 3,558 3,540 3,552 3,510 3,553
Long-Term Debt		 2,403 2,995 2,969 2,971 2,771 2,792 2,949 2,946 2,945 2,945 2,945
Other Noncurrent Operating Liabilities		 800 785 715 549 751 630 609 594 607 565 608
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 58 -103 183 69 -56 421 56 -262 98 -53 76
Total Preferred & Common Equity		 -135 -298 -53 -111 -235 195 -179 -480 -126 -279 -185
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 -135 -298 -53 -111 -235 195 -179 -480 -126 -280 -186
Common Stock		 330 318 310 294 276 258 241 241 221 212 204
Retained Earnings		 -300 -381 -298 -278 -332 79 -652 -947 -596 -693 -688
Accumulated Other Comprehensive Income / (Loss)		 -165 -235 -65 -127 -179 -142 232 226 249 201 298
Noncontrolling Interest		 193 195 236 180 179 226 235 218 224 227 261

Quarterly Balance Sheets for Masco

This table presents Masco's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026 6/30/2026
Total Assets		 5,371 5,363 5,336 5,365 5,296 5,016 5,107 5,288 5,311 5,233 5,401
Total Current Assets		 2,964 2,856 2,850 2,898 2,965 2,730 2,798 2,925 2,959 2,895 3,069
Cash & Equivalents		 560 634 368 398 646 634 377 390 559 388 548
Accounts Receivable		 1,245 1,090 1,310 1,314 1,152 1,035 1,258 1,318 1,181 1,320 1,342
Inventories, net		 1,046 1,022 1,059 1,057 1,013 938 1,047 1,097 1,069 1,068 1,060
Prepaid Expenses		 113 110 112 129 153 123 116 119 150 119 119
Plant, Property, & Equipment, net		 1,077 0.00 1,111 1,116 1,125 0.00 1,133 1,174 1,181 1,183 1,191
Total Noncurrent Assets		 1,330 2,509 1,375 1,351 1,206 2,287 1,175 1,190 1,172 1,154 1,142
Goodwill		 593 604 598 601 610 597 605 621 622 618 618
Intangible Assets		 395 377 367 359 230 220 218 219 213 198 194
Other Noncurrent Operating Assets		 342 1,528 410 391 366 1,470 352 350 337 338 330
Total Liabilities & Shareholders' Equity		 5,371 5,363 5,336 5,365 5,296 5,016 5,107 5,288 5,311 5,233 5,401
Total Liabilities		 5,204 5,247 5,179 5,183 5,154 5,069 5,113 5,138 5,143 5,205 5,519
Total Current Liabilities		 1,662 1,695 1,641 1,645 1,618 1,560 1,603 1,609 1,576 1,653 1,646
Short-Term Debt		 66 3.00 52 3.00 3.00 3.00 133 48 2.00 129 2.00
Accounts Payable		 844 840 899 924 874 789 868 871 842 894 890
Accrued Expenses		 752 852 690 718 742 767 602 690 732 630 754
Total Noncurrent Liabilities		 3,542 3,552 3,537 3,537 3,535 3,510 3,510 3,528 3,567 3,553 3,874
Long-Term Debt		 2,946 2,945 2,945 2,945 2,945 2,945 2,945 2,945 2,945 2,945 3,245
Other Noncurrent Operating Liabilities		 596 607 592 592 590 565 565 583 622 608 629
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 148 98 157 182 142 -53 -6.00 150 168 27 -118
Total Preferred & Common Equity		 -56 -126 -75 -26 -88 -279 -254 -84 -78 -242 -365
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 -56 -126 -76 -26 -88 -280 -254 -85 -77 -242 -366
Common Stock		 228 221 220 218 216 212 211 209 208 202 203
Retained Earnings		 -507 -596 -527 -467 -551 -693 -693 -583 -576 -722 -849
Accumulated Other Comprehensive Income / (Loss)		 223 249 231 223 247 201 228 289 291 278 280
Noncontrolling Interest		 204 224 232 208 230 227 248 234 246 269 247

Annual Metrics And Ratios for Masco

This table displays calculated financial ratios and metrics derived from Masco's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 1.94% 3.07% -18.30% 10.64% 0.80% 7.17% 16.51% 3.64% -8.21% -1.74% -3.40%
EBITDA Growth		 16.74% 14.34% -5.82% 7.92% 0.32% 13.34% -20.78% 29.45% 3.25% -5.56% -1.84%
EBIT Growth		 24.86% 16.08% -6.03% 6.62% 0.94% 18.83% -24.24% 34.68% 3.31% -6.25% -1.90%
NOPAT Growth		 -57.44% 33.31% -3.20% 20.17% -0.04% 21.22% -1.10% 0.79% 6.24% -1.84% -8.05%
Net Income Growth		 -56.37% 36.04% 8.21% 35.17% 25.00% 30.20% -62.54% 89.33% 6.08% -8.96% -1.83%
EPS Growth		 -57.14% 45.10% 12.16% 42.77% 35.87% 42.55% -64.71% 124.07% 10.74% -6.47% 2.66%
Operating Cash Flow Growth		 34.55% -2.59% -4.82% 37.42% -19.28% 14.41% -2.41% -9.68% 68.21% -23.92% -4.93%
Free Cash Flow Firm Growth		 -68.87% 17.28% -44.41% 156.60% -17.69% -14.29% 0.55% -15.53% 67.79% 11.75% -30.57%
Invested Capital Growth		 -5.97% -2.63% 15.44% -12.72% -3.61% 14.27% 11.69% 16.39% -1.02% -6.99% 5.00%
Revenue Q/Q Growth		 5.68% 0.66% -20.37% 4.85% 19.75% 3.17% 1.97% -1.13% -0.51% -0.69% -0.46%
EBITDA Q/Q Growth		 22.93% 15.42% -3.69% 37.93% 24.15% 15.29% 5.58% 8.48% 17.37% 14.26% 9.15%
EBIT Q/Q Growth		 5.30% 0.38% -16.43% 18.24% 7.09% 4.25% -8.70% -2.40% 5.66% 2.11% -2.52%
NOPAT Q/Q Growth		 -4.79% 6.01% -12.71% 12.05% 5.72% 3.65% -7.74% -1.31% 6.91% 0.19% -2.58%
Net Income Q/Q Growth		 -5.74% 4.48% -2.68% 17.37% 35.17% -16.49% -12.93% -1.52% 8.47% -0.91% -1.83%
EPS Q/Q Growth		 -9.73% 3.50% -5.68% 20.30% 40.61% 0.00% 0.00% -0.55% 9.54% -0.27% -1.03%
Operating Cash Flow Q/Q Growth		 12.81% -9.41% -2.85% 10.02% -15.26% 18.98% -4.62% -1.75% 13.22% -6.77% 1.09%
Free Cash Flow Firm Q/Q Growth		 -65.77% 6.22% -42.74% 2,319.87% -26.00% -44.05% 19.30% -15.84% 28.99% -0.33% -2.81%
Invested Capital Q/Q Growth		 -8.81% -9.22% 1.97% -34.28% -24.72% 4.59% -5.42% -0.57% -7.14% -7.41% -7.12%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 31.55% 33.45% 36.91% 34.97% 35.35% 35.99% 34.19% 31.26% 35.60% 36.17% 35.43%
EBITDA Margin		 14.94% 16.57% 19.11% 18.64% 18.55% 19.62% 13.34% 16.66% 18.74% 18.01% 18.30%
Operating Margin		 12.80% 14.77% 17.11% 16.19% 16.22% 18.02% 16.78% 14.94% 16.92% 17.41% 16.50%
EBIT Margin		 12.80% 14.41% 16.58% 15.98% 16.00% 17.74% 11.53% 14.99% 16.87% 16.10% 16.34%
Profit (Net Income) Margin		 5.52% 7.28% 9.64% 11.78% 14.61% 17.75% 5.71% 10.43% 12.05% 11.17% 11.35%
Tax Burden Percent		 57.18% 64.42% 80.78% 86.44% 107.22% 112.82% 69.48% 75.86% 77.54% 75.28% 75.59%
Interest Burden Percent		 75.38% 78.42% 72.02% 85.32% 85.18% 88.71% 71.22% 91.70% 92.11% 92.14% 91.83%
Effective Tax Rate		 42.53% 35.58% 34.12% 24.37% 25.16% 23.78% 30.52% 24.14% 22.46% 24.72% 24.41%
Return on Invested Capital (ROIC)		 29.11% 40.57% 36.95% 44.25% 48.32% 55.70% 48.80% 43.08% 42.76% 43.72% 40.69%
ROIC Less NNEP Spread (ROIC-NNEP)		 18.27% 31.18% 31.50% 42.46% 58.20% 73.88% 20.35% 39.74% 39.36% 37.15% 36.99%
Return on Net Nonoperating Assets (RNNOA)		 37.33% -2,422.79% 1,413.05% 577.98% 15,028.60% 643.48% 142.79% -1,146.74% -1,566.57% 2,730.89% 7,420.18%
Return on Equity (ROE)		 66.44% -2,382.22% 1,450.00% 622.22% 15,076.92% 699.18% 191.58% -1,103.66% -1,523.81% 2,774.60% 7,460.87%
Cash Return on Invested Capital (CROIC)		 35.26% 43.24% 22.62% 57.83% 52.00% 42.38% 37.75% 27.93% 43.78% 50.96% 35.82%
Operating Return on Assets (OROA)		 14.20% 19.65% 18.69% 19.46% 20.60% 23.60% 17.02% 24.18% 25.48% 24.28% 24.20%
Return on Assets (ROA)		 6.12% 9.93% 10.87% 14.35% 18.81% 23.62% 8.42% 16.82% 18.20% 16.84% 16.80%
Return on Common Equity (ROCE)		 44.20% -22,922.27% -6,361.88% -404.94% -401,278.11% -76.62% 6.14% -4,434.82% -7,328.80% -17,880.78% -151,163.71%
Return on Equity Simple (ROE_SIMPLE)		 -291.85% -179.87% -1,094.34% -706.31% -417.02% 654.36% -267.04% -188.54% -761.90% -313.26% 0.00%
Net Operating Profit after Tax (NOPAT)		 525 700 678 815 814 987 976 984 1,045 1,026 943
NOPAT Margin		 7.36% 9.51% 11.27% 12.24% 12.14% 13.73% 11.66% 11.34% 13.12% 13.11% 12.48%
Net Nonoperating Expense Percent (NNEP)		 10.84% 9.40% 5.45% 1.78% -9.88% -18.18% 28.45% 3.33% 3.40% 6.57% 3.70%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - 34.06% 34.32% 35.44% 31.21%
Cost of Revenue to Revenue		 68.45% 66.55% 63.09% 65.03% 64.65% 64.01% 65.81% 68.74% 64.40% 63.84% 64.57%
SG&A Expenses to Revenue		 18.75% 18.68% 19.80% 18.79% 19.00% 17.97% 16.87% 16.01% 18.49% 18.75% 18.86%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 18.75% 18.68% 19.80% 18.79% 19.13% 17.97% 17.41% 16.31% 18.68% 18.75% 18.92%
Earnings before Interest and Taxes (EBIT)		 914 1,061 997 1,063 1,073 1,275 966 1,301 1,344 1,260 1,236
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 1,067 1,220 1,149 1,240 1,244 1,410 1,117 1,446 1,493 1,410 1,384
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.00 0.00 69.76 0.00 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 1.18 1.27 2.09 1.24 1.91 1.89 1.96 1.18 1.86 2.00 1.74
Price to Earnings (P/E)		 23.84 18.95 23.60 11.20 13.69 11.11 40.11 12.08 16.31 19.05 16.27
Dividend Yield		 1.37% 1.35% 1.01% 1.62% 1.11% 1.31% 1.25% 2.48% 1.72% 1.60% 1.95%
Earnings Yield		 4.20% 5.28% 4.24% 8.93% 7.30% 9.00% 2.49% 8.28% 6.13% 5.25% 6.15%
Enterprise Value to Invested Capital (EV/IC)		 5.92 6.66 7.43 6.31 9.10 8.09 8.88 5.35 7.14 8.05 6.63
Enterprise Value to Revenue (EV/Rev)		 1.45 1.54 2.43 1.63 2.25 2.13 2.24 1.51 2.18 2.32 2.08
Enterprise Value to EBITDA (EV/EBITDA)		 9.70 9.30 12.71 8.73 12.10 10.85 16.77 9.08 11.63 12.91 11.37
Enterprise Value to EBIT (EV/EBIT)		 11.32 10.69 14.64 10.19 14.03 12.00 19.39 10.10 12.92 14.44 12.74
Enterprise Value to NOPAT (EV/NOPAT)		 19.69 16.20 21.54 13.30 18.49 15.50 19.19 13.35 16.61 17.74 16.69
Enterprise Value to Operating Cash Flow (EV/OCF)		 12.77 14.38 19.44 10.49 18.08 16.05 20.15 15.64 12.29 16.93 15.40
Enterprise Value to Free Cash Flow (EV/FCFF)		 16.26 15.20 35.19 10.17 17.19 20.37 24.81 20.59 16.22 15.21 18.96
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 58.74 -29.10 16.86 43.17 -49.52 6.64 37.94 -13.02 25.41 -55.62 38.78
Long-Term Debt to Equity		 41.43 -29.08 16.22 43.06 -49.48 6.63 37.81 -12.17 25.39 -55.57 38.75
Financial Leverage		 2.04 -77.71 44.86 13.61 258.23 8.71 7.02 -28.85 -39.80 73.51 200.61
Leverage Ratio		 10.85 -240.02 133.39 43.36 801.54 29.60 22.75 -65.62 -83.73 164.75 444.22
Compound Leverage Factor		 8.18 -188.22 96.06 37.00 682.76 26.26 16.20 -60.17 -77.13 151.80 407.92
Debt to Total Capital		 98.33% 103.56% 94.40% 97.74% 102.06% 86.91% 97.43% 108.32% 96.21% 101.83% 97.49%
Short-Term Debt to Total Capital		 28.98% 0.07% 3.55% 0.26% 0.07% 0.09% 0.33% 7.05% 0.10% 0.10% 0.07%
Long-Term Debt to Total Capital		 69.35% 103.49% 90.85% 97.47% 101.99% 86.82% 97.10% 101.27% 96.12% 101.73% 97.42%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 5.57% 6.74% 7.22% 5.91% 6.59% 7.03% 8.46% 8.18% 7.90% 7.84% 8.63%
Common Equity to Total Capital		 -3.90% -10.30% -1.62% -3.64% -8.65% 6.06% -5.89% -16.50% -4.11% -9.67% -6.15%
Debt to EBITDA		 3.19 2.46 2.68 2.40 2.23 1.98 2.65 2.18 1.97 2.09 2.13
Net Debt to EBITDA		 1.58 1.48 1.55 1.96 1.67 1.04 1.82 1.87 1.55 1.64 1.66
Long-Term Debt to EBITDA		 2.25 2.45 2.58 2.40 2.23 1.98 2.64 2.04 1.97 2.09 2.13
Debt to NOPAT		 6.49 4.28 4.55 3.66 3.41 2.83 3.03 3.20 2.82 2.87 3.12
Net Debt to NOPAT		 3.22 2.58 2.63 2.98 2.55 1.49 2.08 2.74 2.21 2.26 2.44
Long-Term Debt to NOPAT		 4.57 4.28 4.38 3.65 3.40 2.83 3.02 2.99 2.82 2.87 3.12
Altman Z-Score		 2.82 3.42 3.36 2.98 3.74 3.84 4.02 3.62 4.11 4.33 3.89
Noncontrolling Interest Sharing Ratio		 33.47% -862.22% 538.75% 165.08% 2,761.54% 110.96% 96.79% -301.83% -380.95% 744.44% 2,126.09%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.38 2.01 1.96 1.64 1.75 1.80 1.76 1.56 1.69 1.75 1.81
Quick Ratio		 1.07 1.44 1.42 0.92 1.09 1.27 1.08 0.85 1.02 1.07 1.06
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 636 746 415 1,065 876 751 755 638 1,070 1,196 830
Operating Cash Flow to CapEx		 578.57% 438.33% 504.03% 503.41% 650.78% 843.36% 726.56% 375.00% 581.48% 639.88% 719.72%
Free Cash Flow to Firm to Interest Expense		 2.83 3.26 1.49 6.82 5.51 5.22 2.72 5.91 10.10 12.08 8.22
Operating Cash Flow to Interest Expense		 3.60 3.45 2.69 6.62 5.24 6.62 3.35 7.78 13.33 10.86 10.12
Operating Cash Flow Less CapEx to Interest Expense		 2.98 2.66 2.16 5.30 4.43 5.83 2.88 5.70 11.04 9.16 8.71
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.11 1.36 1.13 1.22 1.29 1.33 1.48 1.61 1.51 1.51 1.48
Accounts Receivable Turnover		 8.54 8.32 6.07 6.47 6.75 6.73 7.25 7.48 7.12 7.37 7.33
Inventory Turnover		 6.99 7.00 5.07 5.47 5.59 5.65 5.27 4.87 4.54 5.10 4.92
Fixed Asset Turnover		 6.89 7.05 5.49 6.61 7.61 8.05 9.28 9.28 0.00 0.00 6.54
Accounts Payable Turnover		 6.65 6.33 4.67 5.55 6.05 5.79 5.69 6.21 5.98 6.14 6.11
Days Sales Outstanding (DSO)		 42.75 43.88 60.18 56.39 54.07 54.21 50.32 48.78 51.29 49.54 49.79
Days Inventory Outstanding (DIO)		 52.22 52.12 71.96 66.72 65.32 64.65 69.27 74.99 80.31 71.58 74.15
Days Payable Outstanding (DPO)		 54.87 57.70 78.12 65.80 60.31 63.07 64.17 58.78 61.07 59.49 59.76
Cash Conversion Cycle (CCC)		 40.10 38.30 54.02 57.32 59.08 55.79 55.41 64.99 70.53 61.63 64.18
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,749 1,703 1,966 1,716 1,654 1,890 2,111 2,457 2,432 2,262 2,375
Invested Capital Turnover		 3.96 4.26 3.28 3.61 3.98 4.06 4.19 3.80 3.26 3.34 3.26
Increase / (Decrease) in Invested Capital		 -111 -46 263 -250 -62 236 221 346 -25 -170 113
Enterprise Value (EV)		 10,346 11,343 14,599 10,830 15,058 15,298 18,735 13,136 17,361 18,198 15,741
Market Capitalization		 8,462 9,342 12,580 8,223 12,803 13,603 16,445 10,199 14,805 15,657 13,180
Book Value per Share		 ($0.40) ($0.91) ($0.17) ($0.36) ($0.82) $0.75 ($0.73) ($2.13) ($0.56) ($1.30) ($0.90)
Tangible Book Value per Share		 ($3.37) ($3.91) ($3.44) ($2.98) ($3.51) ($2.77) ($4.65) ($6.06) ($4.93) ($5.08) ($4.88)
Total Capital		 3,465 2,894 3,268 3,048 2,717 3,216 3,037 2,909 3,064 2,895 3,023
Total Debt		 3,407 2,997 3,085 2,979 2,773 2,795 2,959 3,151 2,948 2,948 2,947
Total Long-Term Debt		 2,403 2,995 2,969 2,971 2,771 2,792 2,949 2,946 2,945 2,945 2,945
Net Debt		 1,691 1,806 1,783 2,427 2,076 1,469 2,033 2,699 2,314 2,314 2,300
Capital Expenditures (CapEx)		 140 180 149 205 128 113 128 224 243 168 142
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 213 285 410 538 468 232 567 810 530 539 622
Debt-free Net Working Capital (DFNWC)		 1,929 1,476 1,712 1,090 1,165 1,558 1,493 1,262 1,164 1,173 1,269
Net Working Capital (NWC)		 925 1,474 1,596 1,082 1,163 1,555 1,483 1,057 1,161 1,170 1,267
Net Nonoperating Expense (NNE)		 131 164 98 31 -166 -289 498 79 85 152 85
Net Nonoperating Obligations (NNO)		 1,691 1,806 1,783 1,647 1,710 1,469 2,033 2,699 2,316 2,315 2,299
Total Depreciation and Amortization (D&A)		 153 159 152 177 171 135 151 145 149 150 148
Debt-free, Cash-free Net Working Capital to Revenue		 2.98% 3.87% 6.82% 8.09% 6.98% 3.23% 6.77% 9.33% 6.65% 6.89% 8.23%
Debt-free Net Working Capital to Revenue		 27.01% 20.05% 28.47% 16.38% 17.37% 21.68% 17.83% 14.54% 14.61% 14.98% 16.78%
Net Working Capital to Revenue		 12.95% 20.02% 26.54% 16.26% 17.34% 21.63% 17.71% 12.18% 14.57% 14.95% 16.75%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.03 $1.49 $1.68 $2.38 $3.24 $4.60 $1.63 $3.65 $4.03 $3.77 $3.87
Adjusted Weighted Average Basic Shares Outstanding		 333.93M 320.32M 313.39M 294.49M 277.74M 257.14M 239.93M 225.20M 219.76M 211.98M 203.61M
Adjusted Diluted Earnings per Share		 $1.02 $1.47 $1.66 $2.37 $3.22 $4.59 $1.62 $3.63 $4.02 $3.76 $3.86
Adjusted Weighted Average Diluted Shares Outstanding		 333.93M 320.32M 313.39M 294.49M 277.74M 257.14M 239.93M 225.20M 219.76M 211.98M 203.61M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 333.93M 320.32M 313.39M 294.49M 277.74M 257.14M 239.93M 225.20M 219.76M 211.98M 203.61M
Normalized Net Operating Profit after Tax (NOPAT)		 525 700 678 815 821 987 1,007 1,004 1,057 1,026 947
Normalized NOPAT Margin		 7.36% 9.51% 11.27% 12.24% 12.24% 13.73% 12.03% 11.56% 13.27% 13.11% 12.53%
Pre Tax Income Margin		 9.65% 11.30% 11.94% 13.63% 13.63% 15.73% 8.21% 13.74% 15.54% 14.83% 15.01%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 4.06 4.63 3.57 6.81 6.75 8.85 3.47 12.05 12.68 12.73 12.24
NOPAT to Interest Expense		 2.33 3.06 2.43 5.22 5.12 6.85 3.51 9.11 9.86 10.36 9.34
EBIT Less CapEx to Interest Expense		 3.44 3.85 3.04 5.50 5.94 8.07 3.01 9.97 10.39 11.03 10.83
NOPAT Less CapEx to Interest Expense		 1.71 2.27 1.90 3.91 4.32 6.07 3.05 7.04 7.57 8.67 7.93
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 57.11% 29.66% 28.28% 28.44% 18.98% 13.17% 53.14% 36.02% 31.88% 33.30% 35.66%
Augmented Payout Ratio		 172.84% 115.30% 85.34% 111.86% 110.41% 70.14% 267.78% 137.02% 68.65% 120.94% 102.21%

Quarterly Metrics And Ratios for Masco

This table displays calculated financial ratios and metrics derived from Masco's official financial filings.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
DEI Shares Outstanding		 - - - - - - - - - 201,734,437.00 197,187,430.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - 201,734,437.00 197,187,430.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - 1.06 1.61
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -2.13% -2.68% -1.69% 0.20% -2.87% -6.49% -1.91% -3.33% -1.91% 6.50% -2.88%
EBITDA Growth		 38.92% 0.00% -2.49% -26.88% 10.12% -10.86% 3.32% 10.66% -11.31% 13.62% 15.56%
EBIT Growth		 38.92% 0.00% -2.49% -26.88% 10.12% -10.86% 3.32% 10.66% -11.31% 13.62% 15.56%
NOPAT Growth		 45.34% 3.16% -1.51% -9.97% 2.16% -11.52% 4.55% -15.26% -11.53% 11.05% 15.32%
Net Income Growth		 59.52% 3.62% -2.16% -30.77% -3.98% -13.54% 4.04% 11.11% -8.29% 15.15% 17.67%
EPS Growth		 68.63% 7.78% 0.86% -30.00% -1.16% -10.31% 9.40% 16.88% -4.71% 20.69% 25.00%
Operating Cash Flow Growth		 51.56% -384.85% -16.63% -13.33% -16.08% -68.09% -11.56% 9.62% 2.70% 50.00% 62.09%
Free Cash Flow Firm Growth		 219.40% 25.58% 136.09% 211.23% 62.84% 61.53% 22.30% -75.74% -79.47% -27.10% 83.93%
Invested Capital Growth		 -1.02% 2.09% 2.24% -6.72% -6.99% -3.30% 0.77% 4.67% 5.00% 0.67% -6.28%
Revenue Q/Q Growth		 -4.90% 2.34% 8.57% -5.17% -7.82% -1.48% 13.88% -6.53% -6.47% 6.97% 3.86%
EBITDA Q/Q Growth		 -30.91% 21.79% 25.24% -30.61% 4.04% -1.41% 45.16% -25.68% -16.61% 26.29% 47.63%
EBIT Q/Q Growth		 -30.91% 21.79% 25.24% -30.61% 4.04% -1.41% 45.16% -25.68% -16.61% 26.29% 47.63%
NOPAT Q/Q Growth		 -25.96% 18.26% 17.09% -12.18% -15.99% 2.42% 38.35% -28.82% -12.28% 28.55% 43.67%
Net Income Q/Q Growth		 -22.69% 13.93% 18.78% -33.82% 7.22% 2.59% 42.93% -29.33% -11.50% 28.81% 46.05%
EPS Q/Q Growth		 -21.82% 12.79% 20.62% -34.19% 10.39% 2.35% 47.13% -29.69% -10.00% 29.63% 52.38%
Operating Cash Flow Q/Q Growth		 1.04% -119.38% 468.09% 20.23% -2.16% -138.82% 293.67% 49.02% -8.33% -118.90% 727.85%
Free Cash Flow Firm Q/Q Growth		 70.29% -18.10% 20.55% 85.12% -10.90% -18.76% -8.73% -63.28% -24.60% 188.45% 130.28%
Invested Capital Q/Q Growth		 -7.14% 14.56% -1.90% -10.61% -7.41% 19.10% 2.23% -7.15% -7.12% 14.19% -4.83%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 34.75% 35.57% 37.54% 36.56% 34.79% 35.76% 37.64% 34.22% 33.85% 35.77% 43.57%
EBITDA Margin		 13.66% 16.25% 18.75% 13.72% 15.48% 15.49% 19.75% 15.70% 14.00% 16.53% 23.49%
Operating Margin		 13.12% 16.51% 18.99% 18.00% 15.92% 15.88% 20.09% 15.81% 13.78% 16.48% 23.59%
EBIT Margin		 13.66% 16.25% 18.75% 13.72% 15.48% 15.49% 19.75% 15.70% 14.00% 16.53% 23.49%
Profit (Net Income) Margin		 10.68% 11.89% 13.01% 9.08% 10.56% 10.99% 13.80% 10.43% 9.87% 11.89% 16.72%
Tax Burden Percent		 86.27% 79.24% 74.32% 72.58% 74.81% 77.95% 74.87% 72.46% 77.97% 78.35% 75.68%
Interest Burden Percent		 90.66% 92.33% 93.37% 91.18% 91.17% 91.04% 93.33% 91.69% 90.44% 91.80% 94.02%
Effective Tax Rate		 13.73% 20.76% 25.68% 27.42% 25.19% 22.05% 25.13% 27.54% 22.03% 21.65% 24.32%
Return on Invested Capital (ROIC)		 36.90% 37.55% 41.12% 40.69% 39.72% 34.80% 42.01% 34.81% 35.03% 36.67% 51.01%
ROIC Less NNEP Spread (ROIC-NNEP)		 36.42% 36.71% 40.24% 37.36% 38.65% 33.86% 41.02% 33.97% 34.36% 35.94% 50.15%
Return on Net Nonoperating Assets (RNNOA)		 -1,449.49% 5,434.95% 995.58% 574.72% 2,841.25% 1,195.14% 636.91% 513.95% 6,892.58% 9,217.29% 8,311.32%
Return on Equity (ROE)		 -1,412.59% 5,472.50% 1,036.71% 615.41% 2,880.97% 1,229.94% 678.92% 548.75% 6,927.62% 9,253.97% 8,362.33%
Cash Return on Invested Capital (CROIC)		 43.78% 36.12% 36.57% 47.42% 50.96% 39.73% 36.05% 34.18% 35.82% 35.16% 44.56%
Operating Return on Assets (OROA)		 20.62% 23.89% 27.68% 20.27% 23.35% 22.85% 28.41% 22.49% 20.72% 24.55% 33.50%
Return on Assets (ROA)		 16.13% 17.48% 19.20% 13.41% 15.93% 16.22% 19.85% 14.94% 14.61% 17.66% 23.83%
Return on Common Equity (ROCE)		 -6,793.91% -67,296.93% -1,076.20% -286.79% -18,566.25% -2,687.95% -226.99% -292.08% -140,359.54% -218,569.88% -117,856.56%
Return on Equity Simple (ROE_SIMPLE)		 0.00% -1,290.67% -3,700.00% -1,002.27% 0.00% -331.89% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 213 252 295 259 218 223 308 220 193 248 356
NOPAT Margin		 11.32% 13.08% 14.11% 13.07% 11.91% 12.38% 15.04% 11.45% 10.74% 12.91% 17.86%
Net Nonoperating Expense Percent (NNEP)		 0.48% 0.84% 0.89% 3.33% 1.07% 0.94% 0.99% 0.83% 0.68% 0.73% 0.86%
Return On Investment Capital (ROIC_SIMPLE)		 7.00% - - - 7.52% 7.26% 9.81% 7.05% 6.37% 7.98% 11.37%
Cost of Revenue to Revenue		 65.25% 64.43% 62.46% 63.44% 65.21% 64.24% 62.31% 65.78% 66.20% 64.23% 56.43%
SG&A Expenses to Revenue		 20.83% 19.06% 18.56% 18.56% 18.87% 19.88% 17.60% 18.41% 19.74% 19.24% 19.93%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 21.63% 19.06% 18.56% 18.56% 18.87% 19.88% 17.60% 18.41% 20.02% 19.24% 19.93%
Earnings before Interest and Taxes (EBIT)		 257 313 392 272 283 279 405 301 251 317 468
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 257 313 392 272 283 279 405 301 251 317 468
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 1.86 2.24 1.86 2.32 2.00 1.91 1.77 1.94 1.74 1.60 2.15
Price to Earnings (P/E)		 16.31 19.29 16.08 22.05 19.05 18.59 16.86 17.82 16.27 14.69 18.55
Dividend Yield		 1.72% 1.09% 1.30% 1.04% 1.60% 1.70% 1.86% 1.73% 1.95% 2.07% 1.55%
Earnings Yield		 6.13% 5.18% 6.22% 4.54% 5.25% 5.38% 5.93% 5.61% 6.15% 6.81% 5.39%
Enterprise Value to Invested Capital (EV/IC)		 7.14 7.38 6.38 8.54 8.05 6.57 5.96 6.79 6.63 5.62 7.50
Enterprise Value to Revenue (EV/Rev)		 2.18 2.60 2.21 2.65 2.32 2.30 2.14 2.29 2.08 1.99 2.54
Enterprise Value to EBITDA (EV/EBITDA)		 11.63 15.30 13.07 16.90 12.91 14.43 13.25 13.70 11.37 11.97 14.48
Enterprise Value to EBIT (EV/EBIT)		 12.92 15.30 13.07 16.90 14.44 14.43 13.25 13.70 12.74 11.97 14.48
Enterprise Value to NOPAT (EV/NOPAT)		 16.61 19.54 16.63 20.36 17.74 17.75 16.25 17.94 16.69 15.75 19.07
Enterprise Value to Operating Cash Flow (EV/OCF)		 12.29 16.00 14.33 18.08 16.93 17.50 16.90 17.18 15.40 13.85 15.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 16.22 20.65 17.64 17.38 15.21 16.25 16.59 20.33 18.96 16.04 16.29
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 25.41 19.09 16.20 20.76 -55.62 -513.00 19.95 17.54 38.78 113.85 -27.52
Long-Term Debt to Equity		 25.39 18.76 16.18 20.74 -55.57 -490.83 19.63 17.53 38.75 109.07 -27.50
Financial Leverage		 -39.80 148.05 24.74 15.38 73.51 35.29 15.53 15.13 200.61 256.43 165.72
Leverage Ratio		 -83.73 290.97 50.82 34.52 164.75 69.16 32.09 34.22 444.22 492.38 334.03
Compound Leverage Factor		 -75.91 268.66 47.45 31.48 150.19 62.96 29.95 31.37 401.74 452.00 314.05
Debt to Total Capital		 96.21% 95.02% 94.19% 95.40% 101.83% 100.20% 95.23% 94.61% 97.49% 99.13% 103.77%
Short-Term Debt to Total Capital		 0.10% 1.65% 0.10% 0.10% 0.10% 4.33% 1.53% 0.06% 0.07% 4.16% 0.06%
Long-Term Debt to Total Capital		 96.12% 93.37% 94.09% 95.31% 101.73% 95.87% 93.70% 94.54% 97.42% 94.97% 103.71%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 7.90% 7.36% 6.65% 7.44% 7.84% 8.07% 7.45% 7.90% 8.63% 8.67% 7.89%
Common Equity to Total Capital		 -4.11% -2.41% -0.83% -2.85% -9.67% -8.27% -2.70% -2.47% -6.15% -7.80% -11.70%
Debt to EBITDA		 1.97 2.23 2.21 2.39 2.09 2.51 2.42 2.32 2.13 2.41 2.43
Net Debt to EBITDA		 1.55 1.96 1.91 1.87 1.64 2.20 2.10 1.88 1.66 2.11 2.02
Long-Term Debt to EBITDA		 1.97 2.19 2.21 2.39 2.09 2.40 2.38 2.32 2.13 2.31 2.43
Debt to NOPAT		 2.82 2.85 2.81 2.88 2.87 3.09 2.96 3.04 3.12 3.17 3.20
Net Debt to NOPAT		 2.21 2.50 2.43 2.25 2.26 2.71 2.58 2.47 2.44 2.77 2.66
Long-Term Debt to NOPAT		 2.82 2.80 2.81 2.88 2.87 2.96 2.92 3.04 3.12 3.04 3.20
Altman Z-Score		 3.44 3.86 3.57 3.95 3.69 3.51 3.43 3.50 3.26 3.18 3.58
Noncontrolling Interest Sharing Ratio		 -380.95% 1,329.73% 203.81% 146.60% 744.44% 318.54% 133.43% 153.23% 2,126.09% 2,461.90% 1,509.38%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.69 1.74 1.76 1.83 1.75 1.75 1.82 1.88 1.81 1.75 1.86
Quick Ratio		 1.02 1.02 1.04 1.11 1.07 1.02 1.06 1.10 1.06 1.03 1.15
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 238 195 235 435 388 315 287 106 80 230 529
Operating Cash Flow to CapEx		 782.26% -303.23% 804.65% 1,094.74% 726.79% -493.75% 850.00% 1,112.20% 889.36% -232.35% 1,153.49%
Free Cash Flow to Firm to Interest Expense		 9.92 7.80 9.04 17.40 16.86 12.11 11.06 4.22 3.32 8.83 18.88
Operating Cash Flow to Interest Expense		 20.21 -3.76 13.31 16.64 17.70 -6.08 11.77 18.24 17.42 -3.04 17.71
Operating Cash Flow Less CapEx to Interest Expense		 17.63 -5.00 11.65 15.12 15.26 -7.31 10.38 16.60 15.46 -4.35 16.18
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.51 1.47 1.48 1.48 1.51 1.48 1.44 1.43 1.48 1.49 1.43
Accounts Receivable Turnover		 7.12 6.00 5.87 6.58 7.37 6.00 5.82 6.51 7.33 5.96 5.73
Inventory Turnover		 4.54 4.49 4.55 4.89 5.10 4.67 4.54 4.70 4.92 4.69 4.45
Fixed Asset Turnover		 0.00 7.43 7.23 7.16 0.00 6.87 6.69 6.59 6.54 6.63 6.44
Accounts Payable Turnover		 5.98 5.59 5.32 5.86 6.14 5.56 5.44 5.70 6.11 5.63 5.46
Days Sales Outstanding (DSO)		 51.29 60.86 62.20 55.50 49.54 60.84 62.68 56.04 49.79 61.27 63.71
Days Inventory Outstanding (DIO)		 80.31 81.30 80.18 74.66 71.58 78.23 80.47 77.73 74.15 77.85 81.94
Days Payable Outstanding (DPO)		 61.07 65.33 68.56 62.30 59.49 65.64 67.06 64.07 59.76 64.86 66.90
Cash Conversion Cycle (CCC)		 70.53 76.83 73.82 67.87 61.63 73.43 76.10 69.71 64.18 74.26 78.75
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 2,432 2,786 2,733 2,443 2,262 2,694 2,754 2,557 2,375 2,712 2,581
Invested Capital Turnover		 3.26 2.87 2.91 3.11 3.34 2.81 2.79 3.04 3.26 2.84 2.86
Increase / (Decrease) in Invested Capital		 -25 57 60 -176 -170 -92 21 114 113 18 -173
Enterprise Value (EV)		 17,361 20,570 17,442 20,852 18,198 17,690 16,413 17,371 15,741 15,247 19,361
Market Capitalization		 14,805 17,709 14,684 18,320 15,657 14,741 13,576 14,737 13,180 12,292 16,415
Book Value per Share		 ($0.56) ($0.35) ($0.12) ($0.40) ($1.30) ($1.20) ($0.40) ($0.37) ($0.90) ($1.19) ($1.81)
Tangible Book Value per Share		 ($4.93) ($4.73) ($4.48) ($4.25) ($5.08) ($5.08) ($4.39) ($4.36) ($4.88) ($5.20) ($5.84)
Total Capital		 3,064 3,154 3,130 3,090 2,895 3,072 3,143 3,115 3,023 3,101 3,129
Total Debt		 2,948 2,997 2,948 2,948 2,948 3,078 2,993 2,947 2,947 3,074 3,247
Total Long-Term Debt		 2,945 2,945 2,945 2,945 2,945 2,945 2,945 2,945 2,945 2,945 3,245
Net Debt		 2,314 2,629 2,550 2,302 2,314 2,701 2,603 2,388 2,300 2,686 2,699
Capital Expenditures (CapEx)		 62 31 43 38 56 32 36 41 47 34 43
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 530 893 858 704 539 951 974 826 622 983 877
Debt-free Net Working Capital (DFNWC)		 1,164 1,261 1,256 1,350 1,173 1,328 1,364 1,385 1,269 1,371 1,425
Net Working Capital (NWC)		 1,161 1,209 1,253 1,347 1,170 1,195 1,316 1,383 1,267 1,242 1,423
Net Nonoperating Expense (NNE)		 12 23 23 79 25 25 25 20 16 20 23
Net Nonoperating Obligations (NNO)		 2,316 2,629 2,551 2,301 2,315 2,700 2,604 2,389 2,299 2,685 2,699
Total Depreciation and Amortization (D&A)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital to Revenue		 6.65% 11.28% 10.89% 8.93% 6.89% 12.35% 12.71% 10.87% 8.23% 12.80% 11.51%
Debt-free Net Working Capital to Revenue		 14.61% 15.93% 15.94% 17.13% 14.98% 17.24% 17.80% 18.23% 16.78% 17.85% 18.70%
Net Working Capital to Revenue		 14.57% 15.28% 15.91% 17.09% 14.95% 15.51% 17.17% 18.20% 16.75% 16.17% 18.67%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.84 $0.97 $1.18 $0.77 $0.85 $0.87 $1.29 $0.91 $0.80 $1.05 $1.60
Adjusted Weighted Average Basic Shares Outstanding		 219.76M 220.24M 218.25M 215.75M 211.98M 210.94M 209.36M 207.70M 203.61M 201.73M 197.19M
Adjusted Diluted Earnings per Share		 $0.86 $0.97 $1.17 $0.77 $0.85 $0.87 $1.28 $0.90 $0.81 $1.05 $1.60
Adjusted Weighted Average Diluted Shares Outstanding		 219.76M 220.24M 218.25M 215.75M 211.98M 210.94M 209.36M 207.70M 203.61M 201.73M 197.19M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 219.76M 220.24M 218.25M 215.75M 211.98M 210.94M 209.36M 207.70M 203.61M 201.73M 197.19M
Normalized Net Operating Profit after Tax (NOPAT)		 213 252 295 259 218 223 308 220 193 248 356
Normalized NOPAT Margin		 11.32% 13.08% 14.11% 13.07% 11.91% 12.38% 15.04% 11.45% 10.74% 12.91% 17.86%
Pre Tax Income Margin		 12.38% 15.01% 17.50% 12.51% 14.11% 14.10% 18.43% 14.40% 12.66% 15.17% 22.09%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 10.71 12.52 15.08 10.88 12.30 10.73 15.58 12.04 10.46 12.19 16.71
NOPAT to Interest Expense		 8.88 10.08 11.35 10.36 9.46 8.57 11.86 8.78 8.02 9.52 12.70
EBIT Less CapEx to Interest Expense		 8.13 11.28 13.42 9.36 9.87 9.50 14.19 10.40 8.50 10.88 15.18
NOPAT Less CapEx to Interest Expense		 6.29 8.84 9.69 8.84 7.03 7.34 10.48 7.14 6.07 8.21 11.17
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 31.88% 31.51% 27.86% 31.75% 33.30% 34.76% 34.89% 34.55% 35.66% 34.35% 32.09%
Augmented Payout Ratio		 68.65% 79.03% 87.84% 113.83% 120.94% 122.06% 115.93% 105.84% 102.21% 106.76% 131.45%

Financials Breakdown Chart

Key Financial Trends

Masco’s latest quarter shows a mixed picture: solid profitability, but weak cash flow and a very leveraged balance sheet. In Q1 2026, revenue rose modestly year over year, margins improved, and earnings were healthy. However, operating cash flow turned negative, and the company ended the quarter with negative common equity, which is a sign of heavy debt and accumulated buybacks rather than a necessarily immediate liquidity crisis.

  • Revenue grew year over year in Q1 2026. Sales increased to $1.918 billion from $1.793 billion in Q4 2025 and were slightly above Q1 2025 levels, showing the business is still generating demand.
  • Gross margin improved. Gross profit in Q1 2026 was $686 million, up from $607 million in Q4 2025, with gross margin improving to about 35.8% from 33.8%.
  • Operating income also improved sequentially. Operating income rose to $316 million in Q1 2026 from $247 million in Q4 2025.
  • Net income remained strong. Net income attributable to common shareholders was $213 million, or $1.05 per share, versus $165 million and $0.80 per share in Q4 2025.
  • SG&A stayed controlled. Selling, general and administrative expense was $369 million, below the Q4 2025 level of $354 million as a percentage of revenue, indicating reasonable cost discipline.
  • The company continues to generate meaningful non-cash earnings support. In Q1 2026, non-cash adjustments were $289 million, helping offset weak working capital performance.
  • Balance sheet size has been fairly stable. Total assets were $5.233 billion in Q1 2026, similar to recent quarters, suggesting no major asset shock.
  • Inventory levels were broadly steady. Inventories were $1.068 billion in Q1 2026 versus $1.069 billion in Q3 2025, pointing to stable stock levels rather than a sharp buildup.
  • The company kept returning cash to shareholders. Masco repurchased $202 million of stock and paid $65 million in dividends in Q1 2026.
  • Operating cash flow turned negative in Q1 2026. Cash from operations was -$79 million, down sharply from $418 million in Q4 2025 and $457 million in Q3 2025.
  • Working capital was a major drag. Changes in operating assets and liabilities reduced cash by $368 million in Q1 2026, a clear sign of pressure on short-term cash generation.
  • Cash declined materially during the quarter. Cash and equivalents fell to $388 million from $559 million at the end of Q3 2025.
  • Leverage remains high. Masco carried $3.074 billion of total debt at the end of Q1 2026, including $2.945 billion of long-term debt.
  • Shareholders’ equity is still negative. Total common equity was -$242 million in Q1 2026, reflecting a highly leveraged capital structure and the long-running impact of buybacks and retained losses.
  • Cash generation has been volatile over the last several years. Operating cash flow swung from strong positive levels in 2024-2025 to a loss in Q1 2026, which investors should watch closely.

Bottom line: Masco is still showing decent earnings power and margin resilience, but the latest quarter raised a red flag on cash generation. For retail investors, the key question is whether the negative Q1 2026 operating cash flow was a temporary working-capital issue or the start of a softer cash trend. Debt remains manageable only if operating cash flow rebounds.

08/10/26 12:27 AM ETAI Generated. May Contain Errors.

Masco Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Masco's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Masco's net income appears to be on an upward trend, with a most recent value of $858 million in 2025, rising from $394 million in 2015. The previous period was $874 million in 2024. Find out what analysts predict for Masco in the coming months.

Masco's total operating income in 2025 was $1.25 billion, based on the following breakdown:
  • Total Gross Profit: $2.68 billion
  • Total Operating Expenses: $1.43 billion

Over the last 10 years, Masco's total revenue changed from $7.14 billion in 2015 to $7.56 billion in 2025, a change of 5.9%.

Masco's total liabilities were at $5.13 billion at the end of 2025, a 1.1% increase from 2024, and a 8.6% decrease since 2015.

In the past 10 years, Masco's cash and equivalents has ranged from $452 million in 2022 to $1.47 billion in 2015, and is currently $647 million as of their latest financial filing in 2025.

Over the last 10 years, Masco's book value per share changed from -0.40 in 2015 to -0.90 in 2025, a change of 123.2%.


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Financial statements for NYSE:MAS last updated on 7/29/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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