MASCO CORP /DE/
Business
Masco Corporation is a global designer, manufacturer and distributor of branded home improvement and building products. The company offers plumbing fixtures and faucets under DELTA, HANSGROHE, BRIZO and other brands; acrylic bathing units and spas under HOT SPRING and related brands; architectural coatings under BEHR, KILZ and WHIZZ; and decorative and functional hardware under LIBERTY and FRANKLIN BRASS. Products are sold primarily through home center retailers, online retailers, wholesalers and distributors in North America, Europe, China and other regions across two reportable segments: Plumbing Products and Decorative Architectural Products.
Summary from 10-K filed 2026-02-10
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 7,562 | 7,828 | 7,967 | 8,680 | 8,375 | |
| Cost of sales | 4,883 | 4,997 | 5,131 | 5,967 | 5,512 | |
| Gross profit | 2,679 | 2,831 | 2,836 | 2,713 | 2,863 | |
| Selling, general and administrative expenses | 1,426 | 1,468 | 1,473 | 1,390 | 1,413 | |
| Impairment charges for other intangible assets | 5 | 0 | 15 | 26 | 45 | |
| Operating profit | 1,248 | 1,363 | 1,348 | 1,297 | 1,405 | |
| Interest expense | −101 | −99 | −106 | −108 | — | |
| Other, net | −12 | −103 | −4 | 4 | −439 | |
| Nonoperating income (expense) | −114 | −202 | −110 | −104 | −717 | |
| Income before income taxes | 1,135 | 1,161 | 1,238 | 1,193 | 688 | |
| Income tax expense | 277 | 287 | 278 | 288 | 210 | |
| Net income | 858 | 874 | 960 | 905 | 478 | |
| Less: Net income attributable to noncontrolling interest | 48 | 52 | 52 | 61 | 68 | |
| Net income attributable to Masco Corporation | 810 | 822 | 908 | 844 | 410 | |
| Net income, basic (in dollars per share) | 3.87 | 3.77 | 4.03 | 3.65 | 1.63 | |
| Net income, diluted (in dollars per share) | 3.86 | 3.76 | 4.02 | 3.63 | 1.62 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash investments | 647 | 634 | 634 | 452 | 926 | |
| Receivables | 1,028 | 1,035 | 1,090 | 1,149 | 1,171 | |
| Inventories | 1,046 | 938 | 1,022 | 1,236 | 1,216 | |
| Prepaid expenses and other | 119 | 123 | 110 | 109 | 109 | |
| Total current assets | 2,840 | 2,730 | 2,856 | 2,946 | 3,422 | |
| Property and equipment, net | 1,195 | 1,116 | 1,121 | — | — | |
| Goodwill | 623 | 597 | 604 | 537 | 568 | |
| Other intangible assets, net | 205 | 220 | 377 | 350 | 388 | |
| Operating lease right-of-use assets | 233 | 231 | 268 | 266 | 187 | |
| Other assets | 105 | 123 | 139 | 113 | 114 | |
| Total assets | 5,201 | 5,016 | 5,363 | 5,187 | 5,575 | |
| Accounts payable | 810 | 789 | 840 | 877 | 1,045 | |
| Notes payable | 2 | 3 | 3 | 205 | 10 | |
| Accrued liabilities | 761 | 767 | 852 | 807 | 884 | |
| Total current liabilities | 1,573 | 1,560 | 1,695 | 1,889 | 1,939 | |
| Long-term debt | 2,945 | 2,945 | 2,945 | 2,946 | 2,949 | |
| Noncurrent operating lease liabilities | 221 | 223 | 258 | 255 | 172 | |
| Other liabilities | 387 | 342 | 349 | 339 | 437 | |
| Total liabilities | 5,125 | 5,069 | 5,247 | 5,429 | 5,497 | |
| Commitments and contingencies (Note R) | — | — | — | — | — | |
| Common shares, par value $1 per share Authorized shares: 1,400,000,000; Issued and outstanding: 2025 204,300,000; 2024 212,500,000 | 204 | 212 | 221 | 225 | 241 | |
| Preferred shares authorized: 1,000,000; Issued and outstanding: 2025 and 2024 None | 0 | 0 | 0 | 0 | 0 | |
| Paid-in capital | 0 | 0 | 0 | 16 | 0 | |
| Retained deficit | −688 | −693 | −596 | −947 | −652 | |
| Accumulated other comprehensive income | 298 | 201 | 249 | 226 | 232 | |
| Total Masco Corporation's shareholders' deficit | −185 | −279 | −126 | −480 | −179 | |
| Noncontrolling interest | 261 | 227 | 224 | — | — | |
| Total equity | 76 | −53 | 98 | −262 | 56 | |
| Total liabilities and equity | 5,201 | 5,016 | 5,363 | 5,187 | 5,575 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 148 | 150 | 149 | 145 | 151 | |
| Deferred income taxes | 64 | 28 | −32 | −15 | −68 | |
| Employee withholding taxes paid on stock-based compensation | 10 | 35 | 29 | 17 | 15 | |
| Loss on disposition of business, net | 0 | 80 | 0 | 1 | 18 | |
| (Gain) loss on disposition of property and equipment | −5 | 3 | 6 | — | — | |
| Pension and other post-retirement benefits | −8 | −7 | −6 | −3 | 312 | |
| Impairment charges for other intangible assets | 5 | 0 | 15 | — | — | |
| Stock-based compensation | 30 | 39 | 31 | 49 | 61 | |
| Decrease (increase) in receivables | 19 | −39 | 42 | −15 | −64 | |
| (Increase) decrease in inventories | −81 | 4 | 233 | −43 | −350 | |
| Decrease in accounts payable and accrued liabilities, net | −14 | −95 | −34 | −225 | 190 | |
| Other, net | −4 | 3 | 21 | 22 | −3 | |
| Net cash from operating activities | 1,022 | 1,075 | 1,413 | 840 | 930 | |
| Purchase of Company common stock | −571 | −751 | −353 | −914 | −1,026 | |
| Excise tax paid on the purchase of Company common stock | −6 | −3 | 0 | 0 | — | |
| Cash dividends paid | −261 | −254 | −257 | −258 | −211 | |
| Purchase of redeemable noncontrolling interest | 0 | −15 | 0 | 0 | — | |
| Dividends paid to noncontrolling interest | −45 | −37 | −49 | −68 | −43 | |
| Proceeds from short-term borrowings | 0 | 0 | 77 | 0 | 0 | |
| Payment of short-term borrowings | 0 | 0 | −77 | 0 | 0 | |
| Payment of term loan | 0 | 0 | −200 | −300 | 0 | |
| Proceeds from the exercise of stock options | 6 | 79 | 38 | 1 | 5 | |
| Employee withholding taxes paid on stock-based compensation | −10 | −35 | −29 | −17 | −15 | |
| Payment of debt | −2 | −3 | −5 | −10 | −3 | |
| Net cash for financing activities | −888 | −1,017 | −854 | −1,066 | −1,298 | |
| Capital expenditures | −156 | −168 | −243 | −224 | −128 | |
| Acquisition of businesses, net of cash acquired | 0 | −4 | −136 | 0 | −57 | |
| Business, net of cash disposed | 0 | 126 | 0 | — | — | |
| Property and equipment | 14 | 1 | 3 | 1 | 0 | |
| Other, net | −3 | −5 | −7 | −6 | −3 | |
| Net cash for investing activities | −144 | −50 | −383 | −230 | −12 | |
| Effect of exchange rate changes on cash and cash investments | 25 | −9 | 6 | −18 | −20 | |
| Increase (decrease) for the year | 14 | −1 | 182 | −474 | −400 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is MASCO CORP /DE/'s CIK number?
MASCO CORP /DE/'s SEC CIK number is 0000062996 (62996). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find MASCO CORP /DE/'s SEC filings?
All of MASCO CORP /DE/'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did MASCO CORP /DE/ last report earnings?
MASCO CORP /DE/ (MAS) most recently filed an earnings 8-K with the SEC on Apr 22, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000062996-26-000013). This is MASCO CORP /DE/'s most recent earnings filing of record — not a forecast of its next earnings date.
What is MASCO CORP /DE/'s most recent earnings 8-K?
MASCO CORP /DE/'s latest earnings 8-K (Item 2.02) was filed Apr 22, 2026 under accession 0000062996-26-000013. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View MASCO CORP /DE/'s latest earnings 8-K →
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