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Masco (MAS) Financials

Masco logo
$64.46 -1.07 (-1.63%)
Closing price 05/19/2026 03:59 PM Eastern
Extended Trading
$64.47 +0.01 (+0.02%)
As of 05/19/2026 05:30 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 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 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 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 249 191 215 258 167 182 186 270 189 165 213
Consolidated Net Income / (Loss)		 260 201 229 272 180 193 198 283 200 177 228
Net Income / (Loss) Continuing Operations		 260 201 229 272 180 193 198 283 200 177 228
Total Pre-Tax Income 		346 233 289 366 248 258 254 378 276 227 291
Total Operating Income		 383 247 318 397 357 291 286 412 303 247 316
Total Gross Profit		 744 654 685 785 725 636 644 772 656 607 686
Total Revenue		 1,979 1,882 1,926 2,091 1,983 1,828 1,801 2,051 1,917 1,793 1,918
Operating Revenue		 1,979 1,882 1,926 2,091 1,983 1,828 1,801 2,051 1,917 1,793 1,918
Total Cost of Revenue		 1,235 1,228 1,241 1,306 1,258 1,192 1,157 1,278 1,261 1,187 1,232
Operating Cost of Revenue		 1,235 1,228 1,241 1,306 1,258 1,192 1,157 1,278 1,261 1,187 1,232
Total Operating Expenses		 361 407 367 388 368 345 358 361 353 359 369
Selling, General & Admin Expense		 361 392 367 388 368 345 358 361 353 354 369
Total Other Income / (Expense), net		 -37 -14 -30 -31 -109 -32 -32 -33 -27 -22 -25
Interest Expense		 26 24 25 26 25 23 26 26 25 24 26
Other Income / (Expense), net		 -11 10 -5.00 -5.00 -85 -8.00 -7.00 -7.00 -2.00 4.00 1.00
Income Tax Expense		 86 32 60 94 68 65 56 95 76 50 63
Net Income / (Loss) Attributable to Noncontrolling Interest		 11 10 14 14 13 11 12 13 11 12 15
Basic Earnings per Share		 $1.11 $0.84 $0.97 $1.18 $0.77 $0.85 $0.87 $1.29 $0.91 $0.80 $1.05
Weighted Average Basic Shares Outstanding		 224.50M 219.76M 220.24M 218.25M 215.75M 211.98M 210.94M 209.36M 207.70M 203.61M 201.73M
Diluted Earnings per Share		 $1.10 $0.86 $0.97 $1.17 $0.77 $0.85 $0.87 $1.28 $0.90 $0.81 $1.05
Weighted Average Diluted Shares Outstanding		 224.50M 219.76M 220.24M 218.25M 215.75M 211.98M 210.94M 209.36M 207.70M 203.61M 201.73M
Weighted Average Basic & Diluted Shares Outstanding		 224.50M 219.76M 220.24M 218.25M 215.75M 211.98M 210.94M 209.36M 207.70M 203.61M 201.73M
Cash Dividends to Common per Share		 $0.29 - $0.29 $0.29 $0.29 - $0.31 $0.31 $0.31 - $0.32

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 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 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 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 180 74 -266 30 248 -13 -257 14 168 90 -259
Net Cash From Operating Activities		 480 485 -94 346 416 407 -158 306 456 418 -79
Net Cash From Continuing Operating Activities		 480 486 -95 348 416 406 -157 304 457 418 -79
Net Income / (Loss) Continuing Operations		 - 960 0.00 - - 874 0.00 - - 858 0.00
Non-Cash Adjustments To Reconcile Net Income		 322 -858 314 334 309 -804 262 344 290 -868 289
Changes in Operating Assets and Liabilities, net		 158 235 -409 14 107 186 -419 -40 167 280 -368
Net Cash From Investing Activities		 -184 -62 -33 -47 92 -62 -33 -37 -41 -33 -36
Net Cash From Continuing Investing Activities		 -184 -62 -33 -46 91 -62 -32 -37 -42 -34 -36
Purchase of Property, Plant & Equipment		 -48 -62 -31 -43 -38 -56 -32 -36 -41 -47 -34
Other Investing Activities, net		 - - -2.00 1.00 -2.00 -1.00 0.00 -1.00 -1.00 -1.00 -2.00
Net Cash From Financing Activities		 -112 -356 -134 -270 -269 -344 -72 -272 -248 -296 -137
Net Cash From Continuing Financing Activities		 -112 -357 -134 -270 -269 -343 -71 -274 -247 -297 -136
Repayment of Debt		 -11 -67 -1.00 - -1.00 -1.00 0.00 -1.00 - -1.00 -2.00
Repurchase of Common Equity		 -45 -227 -160 -145 -192 -269 -130 -101 -123 -217 -202
Payment of Dividends		 -64 -64 -64 -76 -76 -75 -66 -81 -80 -79 -65
Issuance of Debt		 - - 49 -49 - - 131 -85 - - 127
Other Financing Activities, net		 8.00 1.00 42 - - 2.00 -6.00 -6.00 2.00 - 6.00
Effect of Exchange Rate Changes		 -4.00 7.00 -6.00 1.00 10 -14 6.00 16 1.00 2.00 -7.00

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 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 6/30/2023 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
Total Assets		 5,308 5,371 5,363 5,336 5,365 5,296 5,016 5,107 5,288 5,311 5,233
Total Current Assets		 3,007 2,964 2,856 2,850 2,898 2,965 2,730 2,798 2,925 2,959 2,895
Cash & Equivalents		 380 560 634 368 398 646 634 377 390 559 388
Accounts Receivable		 1,371 1,245 1,090 1,310 1,314 1,152 1,035 1,258 1,318 1,181 1,320
Inventories, net		 1,144 1,046 1,022 1,059 1,057 1,013 938 1,047 1,097 1,069 1,068
Prepaid Expenses		 112 113 110 112 129 153 123 116 119 150 119
Plant, Property, & Equipment, net		 1,063 1,077 0.00 1,111 1,116 1,125 0.00 1,133 1,174 1,181 1,183
Total Noncurrent Assets		 1,238 1,330 2,509 1,375 1,351 1,206 2,287 1,175 1,190 1,172 1,154
Goodwill		 540 593 604 598 601 610 597 605 621 622 618
Intangible Assets		 337 395 377 367 359 230 220 218 219 213 198
Other Noncurrent Operating Assets		 361 342 1,528 410 391 366 1,470 352 350 337 338
Total Liabilities & Shareholders' Equity		 5,308 5,371 5,363 5,336 5,365 5,296 5,016 5,107 5,288 5,311 5,233
Total Liabilities		 5,280 5,204 5,247 5,179 5,183 5,154 5,069 5,113 5,138 5,143 5,205
Total Current Liabilities		 1,749 1,662 1,695 1,641 1,645 1,618 1,560 1,603 1,609 1,576 1,653
Short-Term Debt		 79 66 3.00 52 3.00 3.00 3.00 133 48 2.00 129
Accounts Payable		 958 844 840 899 924 874 789 868 871 842 894
Accrued Expenses		 712 752 852 690 718 742 767 602 690 732 630
Total Noncurrent Liabilities		 3,531 3,542 3,552 3,537 3,537 3,535 3,510 3,510 3,528 3,567 3,553
Long-Term Debt		 2,946 2,946 2,945 2,945 2,945 2,945 2,945 2,945 2,945 2,945 2,945
Other Noncurrent Operating Liabilities		 585 596 607 592 592 590 565 565 583 622 608
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		 7.00 148 98 157 182 142 -53 -6.00 150 168 27
Total Preferred & Common Equity		 -192 -56 -126 -75 -26 -88 -279 -254 -84 -78 -242
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		 -192 -56 -126 -76 -26 -88 -280 -254 -85 -77 -242
Common Stock		 238 228 221 220 218 216 212 211 209 208 202
Retained Earnings		 -671 -507 -596 -527 -467 -551 -693 -693 -583 -576 -722
Accumulated Other Comprehensive Income / (Loss)		 241 223 249 231 223 247 201 228 289 291 278
Noncontrolling Interest		 199 204 224 232 208 230 227 248 234 246 269

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 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 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 12/31/2025 3/31/2026
DEI Shares Outstanding		 - - - - - - - - - - 201,734,437.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 201,734,437.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - 1.06
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -10.21% -2.13% -2.68% -1.69% 0.20% -2.87% -6.49% -1.91% -3.33% -1.91% 6.50%
EBITDA Growth		 9.73% 38.92% 0.00% -2.49% -26.88% 10.12% -10.86% 3.32% 10.66% -11.31% 13.62%
EBIT Growth		 9.73% 38.92% 0.00% -2.49% -26.88% 10.12% -10.86% 3.32% 10.66% -11.31% 13.62%
NOPAT Growth		 9.09% 45.34% 3.16% -1.51% -9.97% 2.16% -11.52% 4.55% -15.26% -11.53% 11.05%
Net Income Growth		 11.59% 59.52% 3.62% -2.16% -30.77% -3.98% -13.54% 4.04% 11.11% -8.29% 15.15%
EPS Growth		 13.40% 68.63% 7.78% 0.86% -30.00% -1.16% -10.31% 9.40% 16.88% -4.71% 20.69%
Operating Cash Flow Growth		 38.73% 51.56% -384.85% -16.63% -13.33% -16.08% -68.09% -11.56% 9.62% 2.70% 50.00%
Free Cash Flow Firm Growth		 463.36% 219.40% 25.58% 136.09% 211.23% 62.84% 61.53% 22.30% -75.74% -79.47% -27.10%
Invested Capital Growth		 5.99% -1.02% 2.09% 2.24% -6.72% -6.99% -3.30% 0.77% 4.67% 5.00% 0.67%
Revenue Q/Q Growth		 -6.96% -4.90% 2.34% 8.57% -5.17% -7.82% -1.48% 13.88% -6.53% -6.47% 6.97%
EBITDA Q/Q Growth		 -7.46% -30.91% 21.79% 25.24% -30.61% 4.04% -1.41% 45.16% -25.68% -16.61% 26.29%
EBIT Q/Q Growth		 -7.46% -30.91% 21.79% 25.24% -30.61% 4.04% -1.41% 45.16% -25.68% -16.61% 26.29%
NOPAT Q/Q Growth		 -3.92% -25.96% 18.26% 17.09% -12.18% -15.99% 2.42% 38.35% -28.82% -12.28% 28.55%
Net Income Q/Q Growth		 -6.47% -22.69% 13.93% 18.78% -33.82% 7.22% 2.59% 42.93% -29.33% -11.50% 28.81%
EPS Q/Q Growth		 -5.17% -21.82% 12.79% 20.62% -34.19% 10.39% 2.35% 47.13% -29.69% -10.00% 29.63%
Operating Cash Flow Q/Q Growth		 15.66% 1.04% -119.38% 468.09% 20.23% -2.16% -138.82% 293.67% 49.02% -8.33% -118.90%
Free Cash Flow Firm Q/Q Growth		 40.43% 70.29% -18.10% 20.55% 85.12% -10.90% -18.76% -8.73% -63.28% -24.60% 188.45%
Invested Capital Q/Q Growth		 -2.02% -7.14% 14.56% -1.90% -10.61% -7.41% 19.10% 2.23% -7.15% -7.12% 14.19%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 37.59% 34.75% 35.57% 37.54% 36.56% 34.79% 35.76% 37.64% 34.22% 33.85% 35.77%
EBITDA Margin		 18.80% 13.66% 16.25% 18.75% 13.72% 15.48% 15.49% 19.75% 15.70% 14.00% 16.53%
Operating Margin		 19.35% 13.12% 16.51% 18.99% 18.00% 15.92% 15.88% 20.09% 15.81% 13.78% 16.48%
EBIT Margin		 18.80% 13.66% 16.25% 18.75% 13.72% 15.48% 15.49% 19.75% 15.70% 14.00% 16.53%
Profit (Net Income) Margin		 13.14% 10.68% 11.89% 13.01% 9.08% 10.56% 10.99% 13.80% 10.43% 9.87% 11.89%
Tax Burden Percent		 75.14% 86.27% 79.24% 74.32% 72.58% 74.81% 77.95% 74.87% 72.46% 77.97% 78.35%
Interest Burden Percent		 93.01% 90.66% 92.33% 93.37% 91.18% 91.17% 91.04% 93.33% 91.69% 90.44% 91.80%
Effective Tax Rate		 24.86% 13.73% 20.76% 25.68% 27.42% 25.19% 22.05% 25.13% 27.54% 22.03% 21.65%
Return on Invested Capital (ROIC)		 45.76% 36.90% 37.55% 41.12% 40.69% 39.72% 34.80% 42.01% 34.81% 35.03% 36.67%
ROIC Less NNEP Spread (ROIC-NNEP)		 44.72% 36.42% 36.71% 40.24% 37.36% 38.65% 33.86% 41.02% 33.97% 34.36% 35.94%
Return on Net Nonoperating Assets (RNNOA)		 -890.96% -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%
Return on Equity (ROE)		 -845.20% -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%
Cash Return on Invested Capital (CROIC)		 32.60% 43.78% 36.12% 36.57% 47.42% 50.96% 39.73% 36.05% 34.18% 35.82% 35.16%
Operating Return on Assets (OROA)		 27.91% 20.62% 23.89% 27.68% 20.27% 23.35% 22.85% 28.41% 22.49% 20.72% 24.55%
Return on Assets (ROA)		 19.50% 16.13% 17.48% 19.20% 13.41% 15.93% 16.22% 19.85% 14.94% 14.61% 17.66%
Return on Common Equity (ROCE)		 -2,114.56% -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%
Return on Equity Simple (ROE_SIMPLE)		 -1,580.36% 0.00% -1,290.67% -3,700.00% -1,002.27% 0.00% -331.89% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 288 213 252 295 259 218 223 308 220 193 248
NOPAT Margin		 14.54% 11.32% 13.08% 14.11% 13.07% 11.91% 12.38% 15.04% 11.45% 10.74% 12.91%
Net Nonoperating Expense Percent (NNEP)		 1.04% 0.48% 0.84% 0.89% 3.33% 1.07% 0.94% 0.99% 0.83% 0.68% 0.73%
Return On Investment Capital (ROIC_SIMPLE)		 - 7.00% - - - 7.52% 7.26% 9.81% 7.05% 6.37% 7.98%
Cost of Revenue to Revenue		 62.41% 65.25% 64.43% 62.46% 63.44% 65.21% 64.24% 62.31% 65.78% 66.20% 64.23%
SG&A Expenses to Revenue		 18.24% 20.83% 19.06% 18.56% 18.56% 18.87% 19.88% 17.60% 18.41% 19.74% 19.24%
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		 18.24% 21.63% 19.06% 18.56% 18.56% 18.87% 19.88% 17.60% 18.41% 20.02% 19.24%
Earnings before Interest and Taxes (EBIT)		 372 257 313 392 272 283 279 405 301 251 317
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 372 257 313 392 272 283 279 405 301 251 317
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)		 1.48 1.86 2.24 1.86 2.32 2.00 1.91 1.77 1.94 1.74 1.60
Price to Earnings (P/E)		 14.28 16.31 19.29 16.08 22.05 19.05 18.59 16.86 17.82 16.27 14.69
Dividend Yield		 2.15% 1.72% 1.09% 1.30% 1.04% 1.60% 1.70% 1.86% 1.73% 1.95% 2.07%
Earnings Yield		 7.00% 6.13% 5.18% 6.22% 4.54% 5.25% 5.38% 5.93% 5.61% 6.15% 6.81%
Enterprise Value to Invested Capital (EV/IC)		 5.56 7.14 7.38 6.38 8.54 8.05 6.57 5.96 6.79 6.63 5.62
Enterprise Value to Revenue (EV/Rev)		 1.82 2.18 2.60 2.21 2.65 2.32 2.30 2.14 2.29 2.08 1.99
Enterprise Value to EBITDA (EV/EBITDA)		 11.44 11.63 15.30 13.07 16.90 12.91 14.43 13.25 13.70 11.37 11.97
Enterprise Value to EBIT (EV/EBIT)		 11.44 12.92 15.30 13.07 16.90 14.44 14.43 13.25 13.70 12.74 11.97
Enterprise Value to NOPAT (EV/NOPAT)		 14.89 16.61 19.54 16.63 20.36 17.74 17.75 16.25 17.94 16.69 15.75
Enterprise Value to Operating Cash Flow (EV/OCF)		 11.66 12.29 16.00 14.33 18.08 16.93 17.50 16.90 17.18 15.40 13.85
Enterprise Value to Free Cash Flow (EV/FCFF)		 17.54 16.22 20.65 17.64 17.38 15.21 16.25 16.59 20.33 18.96 16.04
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 18.04 25.41 19.09 16.20 20.76 -55.62 -513.00 19.95 17.54 38.78 113.85
Long-Term Debt to Equity		 17.64 25.39 18.76 16.18 20.74 -55.57 -490.83 19.63 17.53 38.75 109.07
Financial Leverage		 -19.92 -39.80 148.05 24.74 15.38 73.51 35.29 15.53 15.13 200.61 256.43
Leverage Ratio		 -40.10 -83.73 290.97 50.82 34.52 164.75 69.16 32.09 34.22 444.22 492.38
Compound Leverage Factor		 -37.30 -75.91 268.66 47.45 31.48 150.19 62.96 29.95 31.37 401.74 452.00
Debt to Total Capital		 94.75% 96.21% 95.02% 94.19% 95.40% 101.83% 100.20% 95.23% 94.61% 97.49% 99.13%
Short-Term Debt to Total Capital		 2.08% 0.10% 1.65% 0.10% 0.10% 0.10% 4.33% 1.53% 0.06% 0.07% 4.16%
Long-Term Debt to Total Capital		 92.67% 96.12% 93.37% 94.09% 95.31% 101.73% 95.87% 93.70% 94.54% 97.42% 94.97%
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		 7.01% 7.90% 7.36% 6.65% 7.44% 7.84% 8.07% 7.45% 7.90% 8.63% 8.67%
Common Equity to Total Capital		 -1.76% -4.11% -2.41% -0.83% -2.85% -9.67% -8.27% -2.70% -2.47% -6.15% -7.80%
Debt to EBITDA		 2.37 1.97 2.23 2.21 2.39 2.09 2.51 2.42 2.32 2.13 2.41
Net Debt to EBITDA		 1.93 1.55 1.96 1.91 1.87 1.64 2.20 2.10 1.88 1.66 2.11
Long-Term Debt to EBITDA		 2.32 1.97 2.19 2.21 2.39 2.09 2.40 2.38 2.32 2.13 2.31
Debt to NOPAT		 3.08 2.82 2.85 2.81 2.88 2.87 3.09 2.96 3.04 3.12 3.17
Net Debt to NOPAT		 2.51 2.21 2.50 2.43 2.25 2.26 2.71 2.58 2.47 2.44 2.77
Long-Term Debt to NOPAT		 3.01 2.82 2.80 2.81 2.88 2.87 2.96 2.92 3.04 3.12 3.04
Altman Z-Score		 3.25 3.44 3.86 3.57 3.95 3.69 3.51 3.43 3.50 3.26 3.18
Noncontrolling Interest Sharing Ratio		 -150.19% -380.95% 1,329.73% 203.81% 146.60% 744.44% 318.54% 133.43% 153.23% 2,126.09% 2,461.90%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.78 1.69 1.74 1.76 1.83 1.75 1.75 1.82 1.88 1.81 1.75
Quick Ratio		 1.09 1.02 1.02 1.04 1.11 1.07 1.02 1.06 1.10 1.06 1.03
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 140 238 195 235 435 388 315 287 106 80 230
Operating Cash Flow to CapEx		 1,000.00% 782.26% -303.23% 804.65% 1,094.74% 726.79% -493.75% 850.00% 1,112.20% 889.36% -232.35%
Free Cash Flow to Firm to Interest Expense		 5.38 9.92 7.80 9.04 17.40 16.86 12.11 11.06 4.22 3.32 8.83
Operating Cash Flow to Interest Expense		 18.46 20.21 -3.76 13.31 16.64 17.70 -6.08 11.77 18.24 17.42 -3.04
Operating Cash Flow Less CapEx to Interest Expense		 16.62 17.63 -5.00 11.65 15.12 15.26 -7.31 10.38 16.60 15.46 -4.35
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.48 1.51 1.47 1.48 1.48 1.51 1.48 1.44 1.43 1.48 1.49
Accounts Receivable Turnover		 6.22 7.12 6.00 5.87 6.58 7.37 6.00 5.82 6.51 7.33 5.96
Inventory Turnover		 4.43 4.54 4.49 4.55 4.89 5.10 4.67 4.54 4.70 4.92 4.69
Fixed Asset Turnover		 8.09 0.00 7.43 7.23 7.16 0.00 6.87 6.69 6.59 6.54 6.63
Accounts Payable Turnover		 5.58 5.98 5.59 5.32 5.86 6.14 5.56 5.44 5.70 6.11 5.63
Days Sales Outstanding (DSO)		 58.68 51.29 60.86 62.20 55.50 49.54 60.84 62.68 56.04 49.79 61.27
Days Inventory Outstanding (DIO)		 82.42 80.31 81.30 80.18 74.66 71.58 78.23 80.47 77.73 74.15 77.85
Days Payable Outstanding (DPO)		 65.38 61.07 65.33 68.56 62.30 59.49 65.64 67.06 64.07 59.76 64.86
Cash Conversion Cycle (CCC)		 75.72 70.53 76.83 73.82 67.87 61.63 73.43 76.10 69.71 64.18 74.26
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 2,619 2,432 2,786 2,733 2,443 2,262 2,694 2,754 2,557 2,375 2,712
Invested Capital Turnover		 3.15 3.26 2.87 2.91 3.11 3.34 2.81 2.79 3.04 3.26 2.84
Increase / (Decrease) in Invested Capital		 148 -25 57 60 -176 -170 -92 21 114 113 18
Enterprise Value (EV)		 14,555 17,361 20,570 17,442 20,852 18,198 17,690 16,413 17,371 15,741 15,247
Market Capitalization		 11,880 14,805 17,709 14,684 18,320 15,657 14,741 13,576 14,737 13,180 12,292
Book Value per Share		 ($0.25) ($0.56) ($0.35) ($0.12) ($0.40) ($1.30) ($1.20) ($0.40) ($0.37) ($0.90) ($1.19)
Tangible Book Value per Share		 ($4.64) ($4.93) ($4.73) ($4.48) ($4.25) ($5.08) ($5.08) ($4.39) ($4.36) ($4.88) ($5.20)
Total Capital		 3,179 3,064 3,154 3,130 3,090 2,895 3,072 3,143 3,115 3,023 3,101
Total Debt		 3,012 2,948 2,997 2,948 2,948 2,948 3,078 2,993 2,947 2,947 3,074
Total Long-Term Debt		 2,946 2,945 2,945 2,945 2,945 2,945 2,945 2,945 2,945 2,945 2,945
Net Debt		 2,452 2,314 2,629 2,550 2,302 2,314 2,701 2,603 2,388 2,300 2,686
Capital Expenditures (CapEx)		 48 62 31 43 38 56 32 36 41 47 34
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 808 530 893 858 704 539 951 974 826 622 983
Debt-free Net Working Capital (DFNWC)		 1,368 1,164 1,261 1,256 1,350 1,173 1,328 1,364 1,385 1,269 1,371
Net Working Capital (NWC)		 1,302 1,161 1,209 1,253 1,347 1,170 1,195 1,316 1,383 1,267 1,242
Net Nonoperating Expense (NNE)		 28 12 23 23 79 25 25 25 20 16 20
Net Nonoperating Obligations (NNO)		 2,452 2,316 2,629 2,551 2,301 2,315 2,700 2,604 2,389 2,299 2,685
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		 10.09% 6.65% 11.28% 10.89% 8.93% 6.89% 12.35% 12.71% 10.87% 8.23% 12.80%
Debt-free Net Working Capital to Revenue		 17.08% 14.61% 15.93% 15.94% 17.13% 14.98% 17.24% 17.80% 18.23% 16.78% 17.85%
Net Working Capital to Revenue		 16.26% 14.57% 15.28% 15.91% 17.09% 14.95% 15.51% 17.17% 18.20% 16.75% 16.17%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.11 $0.84 $0.97 $1.18 $0.77 $0.85 $0.87 $1.29 $0.91 $0.80 $1.05
Adjusted Weighted Average Basic Shares Outstanding		 224.50M 219.76M 220.24M 218.25M 215.75M 211.98M 210.94M 209.36M 207.70M 203.61M 201.73M
Adjusted Diluted Earnings per Share		 $1.10 $0.86 $0.97 $1.17 $0.77 $0.85 $0.87 $1.28 $0.90 $0.81 $1.05
Adjusted Weighted Average Diluted Shares Outstanding		 224.50M 219.76M 220.24M 218.25M 215.75M 211.98M 210.94M 209.36M 207.70M 203.61M 201.73M
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		 224.50M 219.76M 220.24M 218.25M 215.75M 211.98M 210.94M 209.36M 207.70M 203.61M 201.73M
Normalized Net Operating Profit after Tax (NOPAT)		 288 213 252 295 259 218 223 308 220 193 248
Normalized NOPAT Margin		 14.54% 11.32% 13.08% 14.11% 13.07% 11.91% 12.38% 15.04% 11.45% 10.74% 12.91%
Pre Tax Income Margin		 17.48% 12.38% 15.01% 17.50% 12.51% 14.11% 14.10% 18.43% 14.40% 12.66% 15.17%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 14.31 10.71 12.52 15.08 10.88 12.30 10.73 15.58 12.04 10.46 12.19
NOPAT to Interest Expense		 11.07 8.88 10.08 11.35 10.36 9.46 8.57 11.86 8.78 8.02 9.52
EBIT Less CapEx to Interest Expense		 12.46 8.13 11.28 13.42 9.36 9.87 9.50 14.19 10.40 8.50 10.88
NOPAT Less CapEx to Interest Expense		 9.22 6.29 8.84 9.69 8.84 7.03 7.34 10.48 7.14 6.07 8.21
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 34.46% 31.88% 31.51% 27.86% 31.75% 33.30% 34.76% 34.89% 34.55% 35.66% 34.35%
Augmented Payout Ratio		 48.70% 68.65% 79.03% 87.84% 113.83% 120.94% 122.06% 115.93% 105.84% 102.21% 106.76%

Financials Breakdown Chart

Key Financial Trends

Masco (NYSE: MAS) has shown solid cash generation and consistent profitability in several 2025 quarters, but faces higher leverage and some revenue deceleration in late 2025. Below is a concise, investor-focused summary of the most material trends from the last four years of Masco’s quarterly financials, with a focus on 2025 results.

  • Strong operating cash flow in late 2025: Net cash from continuing operating activities was $418 million in Q4 2025, up from $457 million in Q3 2025 and $304 million in Q2 2025, signaling robust operating cash generation despite revenue fluctuations.
  • Stable gross margins in the low-to-mid 30s: Gross margins hovered around 34%–38% across 2025 quarters (Q4 2025: ~33.9%, Q3 2025: ~34.2%, Q2 2025: ~37.6%, Q1 2025: ~35.8%), indicating consistent gross profitability.
  • Net income to common shareholders positive each 2025 quarter: Q4 2025: $165M; Q3 2025: $189M; Q2 2025: $270M; Q1 2025: $186M (before noncontrolling interests).
  • Solid diluted earnings per share (EPS) through 2025: Q2 2025 diluted EPS $1.28, with other 2025 quarters delivering EPS around $0.9 or higher (Q3: $0.90, Q4: $0.81, Q1: $0.87).
  • Share repurchases returned capital to shareholders in 2025: Masco reduced shares via repurchases, including $217M in Q4 2025 and meaningful buys in Q3 and Q2 2025 (138–217M range noted per quarter for 2025 activity).
  • Dividends maintained as a cash return to holders: Cash dividends per share stood at $0.31, highlighting ongoing cash return to investors.
  • Healthy liquidity positioned in 2025: Cash & equivalents were around $559M at the end of Q3 2025, providing a liquidity buffer amid ongoing capital returns and debt service.
  • Debt load and leverage are meaningful but manageable concerns: Long-term debt around $2.945B (as of Q3 2025) with Total Liabilities near $5.14B, contributing to negative equity in recent quarters (Total Common Equity around -$77M in Q3 2025).
  • Balance sheet leverage and negative equity: The company’s equity remained negative in several periods (e.g., Q3 2025 Total Common Equity around -$77M), indicating a levering of the balance sheet that may constrain financial flexibility.
  • Cash outflows from financing activities persist: Net cash from financing activities was negative in several quarters (Q4 2025: -$296M; Q3 2025: -$247M; Q2 2025: -$274M; Q1 2025: -$71M), reflecting ongoing dividends, buybacks, and other equity/ debt activity that reduce cash on hand.
05/20/26 03:43 AM ETAI Generated. May Contain Errors.

Masco Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Masco's fiscal year ends in December. Their fiscal 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%.


Related Companies

Financial statements for NYSE:MAS last updated on 4/27/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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