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MAS

Masco Corporation

MAS

Masco Corporation • NYSE
$64.87 ▲ 0.70% (+0.45)
Market Cap $13.48 B
52w High $82.18
52w Low $56.55
Dividend Yield 1.24%
P/E 16.59
Volume 770.13K
Outstanding Shares 207.73M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.917B ▼ $353M ▼ $189M ▼ 9.859% ▼ $0.9 ▼ $301M ▼
Q2-2025 $2.051B ▲ $361M ▲ $270M ▲ 13.164% ▲ $1.29 ▲ $404M ▲
Q1-2025 $1.801B ▼ $358M ▲ $186M ▲ 10.328% ▲ $0.88 ▲ $280M ▼
Q4-2024 $1.828B ▼ $346M ▼ $182M ▲ 9.956% ▲ $0.86 ▲ $282M ▲
Q3-2024 $1.983B $368M $167M 8.422% $0.77 $273M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $559M ▲ $5.311B ▲ $5.143B ▲ $-78M ▲
Q2-2025 $390M ▲ $5.288B ▲ $5.139B ▲ $-85M ▲
Q1-2025 $377M ▼ $5.107B ▲ $5.113B ▲ $-254M ▲
Q4-2024 $634M ▼ $5.016B ▼ $5.069B ▼ $-280M ▼
Q3-2024 $646M $5.296B $5.154B $-88M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $189M ▼ $456M ▲ $-41M ▼ $-248M ▲ $169M ▲ $415M ▲
Q2-2025 $344M ▲ $306M ▲ $-37M ▼ $-272M ▼ $13M ▲ $270M ▲
Q1-2025 $186M ▲ $-157M ▼ $-33M ▲ $-72M ▲ $-257M ▼ $-189M ▼
Q4-2024 $182M ▲ $407M ▼ $-62M ▼ $-344M ▼ $-12M ▼ $351M ▼
Q3-2024 $167M $416M $92M $-269M $248M $378M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Decorative Architectural Products
Decorative Architectural Products
 $640.00M ▲$620.00M ▼$740.00M ▲$670.00M ▼
Plumbing Products
Plumbing Products
 $1.19Bn ▲$1.19Bn ▲$1.31Bn ▲$1.25Bn ▼

Five-Year Company Overview

Income Statement

Income Statement Sales have been fairly steady over the last several years, with a bump during the home‑improvement boom and then a slight step down more recently as demand normalized. Despite this, Masco has generally kept its profitability at a healthy level, which suggests good pricing power and cost control. Net earnings have been more up and down, reflecting one‑off items and a tougher environment at times, but the overall picture is of a business that remains clearly profitable rather than one struggling to make money.

Balance Sheet

Balance Sheet The balance sheet shows a business that relies meaningfully on debt and has negative reported equity, likely driven by heavy share buybacks and capital returns rather than operating losses. Cash on hand is solid relative to the size of the company, and total assets have only drifted slightly lower over time. The structure works as long as cash generation stays strong, but the thin equity cushion and reliance on borrowing do increase financial risk if the housing or remodeling cycles weaken sharply.

Cash Flow

Cash Flow Cash generation is a strong point. Masco has consistently produced cash from its operations and, after modest spending on plants and equipment, has regularly had money left over. This positive and repeatable free cash flow gives the company flexibility to service debt, pay dividends, and buy back shares. The one notable pattern is that cash flow does move with the cycle—stronger in better demand years, softer when the market slows—so it should not be viewed as guaranteed, but the long‑term record is solid.

Competitive Edge

Competitive Edge Masco holds a strong position in home improvement with several leading brands in faucets, showers, paints, and hardware. Names like Delta, Hansgrohe, Behr, and Kilz carry real recognition with both professionals and do‑it‑yourself customers, which supports premium pricing and shelf space. Its deep partnerships with big‑box retailers and broad distribution network make it hard for smaller rivals to match its reach. The heavy focus on repair and remodel, rather than new construction, adds resilience. The main competitive pressures come from other large branded players and growing private‑label offerings from major retailers.

Innovation and R&D

Innovation and R&D Innovation is a clear pillar of Masco’s strategy, even though formal R&D spending isn’t broken out in a detailed way. The company has a long history of product advances in faucets, water‑saving and comfort technologies, smart and touch‑activated fixtures, and higher‑performance paints. It is leaning into connected home plumbing, advanced water filtration, and more sustainable materials, and is using a corporate venture fund to back emerging technologies in water management and in‑home connectivity. The risk is that competitors are also investing heavily, so Masco needs to keep launching genuinely differentiated products to maintain its edge.

Summary

Masco looks like a mature, cash‑generative home‑improvement supplier with strong brands and good profitability, but operating in a cyclical end market. Revenues have flattened after a surge, yet margins have held up reasonably well. The capital structure is more aggressive, with negative equity and meaningful debt, which amplifies both returns and risk. Consistent free cash flow, deep retailer relationships, and a long record of product innovation are key strengths. Future performance will hinge on how the broader housing and remodeling environment evolves and on Masco’s ability to stay ahead in smart, water‑efficient, and sustainable home products.

NEWS

November 3, 2025 · 9:00 AM UTC

Behr Paint Company Launches BEHR PREMIUM PLUS® ECOMIX™ Plant-Based* Paint & Primer

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November 3, 2025 · 7:00 AM UTC

Masco Corporation to Participate in a Fireside Chat at an Investor Conference

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October 29, 2025 · 7:00 AM UTC

Masco Corporation Reports Third Quarter 2025 Results

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September 30, 2025 · 8:00 AM UTC

Masco Corporation Announces Date for Earnings Release and Conference Call for 2025 Third Quarter

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September 3, 2025 · 9:00 AM UTC

Further Partners with Behr Paint Company to Reduce Decision Fatigue with New AI-Powered Paint Color Selection Tool

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