MAS · Masco Corp /De/ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $7.56B | $7.83B | $7.97B | $8.68B | $8.38B | $7.19B |
| Cost of Revenue | $4.88B | $5.00B | $5.13B | $5.97B | $5.51B | $4.60B |
| Gross Profit | $2.68B | $2.83B | $2.84B | $2.71B | $2.86B | $2.59B |
| R&D | - | - | - | - | - | - |
| SG&A | $1.43B | $1.47B | $1.47B | $1.39B | $1.41B | $1.29B |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $148.00M | $150.00M | $149.00M | $145.00M | $151.00M | $133.00M |
| Operating Income | $1.25B | $1.36B | $1.35B | $1.30B | $1.41B | $1.29B |
| Interest Expense | $101.00M | $99.00M | $106.00M | $108.00M | $278.00M | $144.00M |
| Income Tax | $277.00M | $287.00M | $278.00M | $288.00M | $210.00M | $269.00M |
| Net Income | $810.00M | $822.00M | $908.00M | $844.00M | $410.00M | $1.22B |
| EPS - Basic | $3.87 | $3.77 | $4.03 | $3.65 | $1.63 | $4.60 |
| EPS - Diluted | $3.86 | $3.76 | $4.02 | $3.63 | $1.62 | $4.59 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $647.00M | $634.00M | $634.00M | $452.00M | $926.00M | $1.33B |
| Accounts Receivable | $1.03B | $1.03B | $1.09B | $1.15B | $1.17B | $1.14B |
| Inventory | $1.05B | $938.00M | $1.02B | $1.24B | $1.22B | $876.00M |
| Accounts Payable | $810.00M | $789.00M | $840.00M | $877.00M | $1.04B | $893.00M |
| Current Assets | $2.84B | $2.73B | $2.86B | $2.95B | $3.42B | $3.49B |
| Total Assets | $5.20B | $5.02B | $5.36B | $5.19B | $5.58B | $5.78B |
| Current Liabilities | $1.57B | $1.56B | $1.70B | $1.89B | $1.94B | $1.93B |
| Long-term Debt | $2.94B | $2.94B | $2.94B | $2.95B | $2.95B | $2.79B |
| Total Liabilities | $5.13B | $5.07B | $5.25B | $5.43B | $5.50B | $5.36B |
| Stockholders' Equity | ($185.00M) | ($279.00M) | ($126.00M) | ($480.00M) | ($179.00M) | $195.00M |
| Retained Earnings | ($688.00M) | ($693.00M) | ($596.00M) | ($947.00M) | ($652.00M) | $79.00M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.02B | $1.07B | $1.41B | $840.00M | $930.00M | $953.00M |
| Investing Cash Flow | ($144.00M) | ($50.00M) | ($383.00M) | ($230.00M) | ($12.00M) | $531.00M |
| Financing Cash Flow | ($888.00M) | ($1.02B) | ($854.00M) | ($1.07B) | ($1.30B) | ($886.00M) |
| CapEx | $156.00M | $168.00M | $243.00M | $224.00M | $128.00M | $114.00M |
| Free Cash Flow | $866.00M | $907.00M | $1.17B | $616.00M | $802.00M | $839.00M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 35.4% | 36.2% | 35.6% | 31.3% | 34.2% | 36.0% |
| Operating margin | 16.5% | 17.4% | 16.9% | 14.9% | 16.8% | 18.0% |
| EBITDA margin | 18.5% | 19.3% | 18.8% | 16.6% | 18.6% | 19.9% |
| Net margin | 10.7% | 10.5% | 11.4% | 9.7% | 4.9% | 17.0% |
| Free cash flow margin | 11.5% | 11.6% | 14.7% | 7.1% | 9.6% | 11.7% |
| FCF / Net income | 1.07 | 1.10 | 1.29 | 0.73 | 1.96 | 0.69 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 18.9% | 18.8% | 18.5% | 16.0% | 16.9% | 18.0% |
| Effective tax rate | 25.5% | 25.9% | 23.4% | 25.4% | 33.9% | 18.0% |
| Return on assets | 15.6% | 16.4% | 16.9% | 16.3% | 7.4% | 21.2% |
| Return on equity | -437.8% | -294.6% | -720.6% | -175.8% | -229.1% | 627.7% |
| Return on invested capital | 33.7% | 37.9% | 36.6% | 39.2% | 33.5% | 35.5% |
| Liquidity | ||||||
| Current ratio | 1.81 | 1.75 | 1.68 | 1.56 | 1.76 | 1.80 |
| Quick ratio | 1.14 | 1.15 | 1.08 | 0.91 | 1.14 | 1.35 |
| Cash ratio | 0.41 | 0.41 | 0.37 | 0.24 | 0.48 | 0.69 |
| Leverage | ||||||
| Debt / Equity | -15.92 | -10.56 | -23.37 | -6.14 | -16.47 | 14.32 |
| Debt / Assets | 0.57 | 0.59 | 0.55 | 0.57 | 0.53 | 0.48 |
| Debt / EBITDA | 2.11 | 1.95 | 1.97 | 2.04 | 1.90 | 1.96 |
| Interest coverage | 12.4x | 13.8x | 12.7x | 12.0x | 5.1x | 9.0x |
| Equity multiplier | -28.11 | -17.98 | -42.56 | -10.81 | -31.15 | 29.63 |
| Liabilities / Assets | 0.99 | 1.01 | 0.98 | 1.05 | 0.99 | 0.93 |
| Efficiency | ||||||
| Asset turnover | 1.45 | 1.56 | 1.49 | 1.67 | 1.50 | 1.24 |
| Inventory turnover | 4.67 | 5.33 | 5.02 | 4.83 | 4.53 | 5.25 |
| Days sales outstanding | 50d | 48d | 50d | 48d | 51d | 58d |
| Days inventory outstanding | 78d | 69d | 73d | 76d | 81d | 69d |
| Days payable outstanding | 61d | 58d | 60d | 54d | 69d | 71d |
| Cash conversion cycle | 67d | 59d | 63d | 70d | 62d | 56d |
| Valuation | ||||||
| P / E | 16.4x | 19.3x | 16.7x | 12.9x | 43.3x | 12.0x |
| P / B | - | - | - | - | - | 74.4x |
| P / S | 1.8x | 2.0x | 1.9x | 1.2x | 2.1x | 2.0x |
| EV / EBITDA | 11.2x | 12.0x | 11.7x | 9.2x | 12.6x | 11.2x |
| Growth | ||||||
| Revenue growth (YoY) | -3.4% | -1.7% | -8.2% | 3.6% | 16.5% | 7.2% |
| Revenue CAGR (3y) | -4.5% | -2.2% | 3.5% | 9.0% | 4.4% | -2.0% |
| Revenue CAGR (5y) | 1.0% | 3.1% | 1.6% | 2.6% | 2.6% | 0.1% |
| Gross profit growth (YoY) | -5.4% | -0.2% | 4.5% | -5.2% | 10.7% | 9.1% |
| Operating income growth (YoY) | -8.4% | 1.1% | 3.9% | -7.7% | 8.5% | 19.0% |
| Net income growth (YoY) | -1.5% | -9.5% | 7.6% | 105.9% | -66.5% | 30.9% |
| EPS growth (YoY) | 2.7% | -6.5% | 10.7% | 124.1% | -64.7% | 42.5% |
| EPS CAGR (3y) | 2.1% | 32.4% | -4.3% | 4.1% | -11.9% | 40.4% |
| EPS CAGR (5y) | -3.4% | 3.1% | 11.1% | 16.9% | 2.0% | 35.1% |
| FCF growth (YoY) | -4.5% | -22.5% | 89.9% | -23.2% | -4.4% | 25.0% |
| FCF CAGR (5y) | 0.6% | 6.2% | 7.6% | 1.3% | 8.0% | 9.2% |
| Book value growth (YoY) | 33.7% | -121.4% | 73.8% | -168.2% | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$7.56B totalPlumbing Products$4.99B · 66.0%
Decorative Architectural Products$2.57B · 34.0%
Geographic
$10.67B totalUS$5.67B · 53.2%
North America$3.38B · 31.7%
Non Us$1.61B · 15.1%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.24
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures
Comparing MASCO CORP /DE/ against the 2 most active filers in the same SIC group.
Dividends
$1.26/share trailing 12 months · +5.0% YoY
| Ex-date | Per share |
|---|---|
| May 22, 2026 | $0.3200 |
| Feb 20, 2026 | $0.3200 |
| Nov 7, 2025 | $0.3100 |
| Aug 8, 2025 | $0.3100 |
| May 23, 2025 | $0.3100 |
| Feb 21, 2025 | $0.3100 |
| Nov 8, 2024 | $0.2900 |
| Aug 2, 2024 | $0.2900 |
| May 23, 2024 | $0.2900 |
| Feb 21, 2024 | $0.2900 |
| Nov 9, 2023 | $0.2850 |
| Aug 10, 2023 | $0.2850 |
| May 25, 2023 | $0.2850 |
| Feb 22, 2023 | $0.2850 |
| Nov 9, 2022 | $0.2800 |
| Aug 11, 2022 | $0.2800 |
| May 26, 2022 | $0.2800 |
| Feb 24, 2022 | $0.2800 |
| Nov 10, 2021 | $0.2350 |
| Aug 12, 2021 | $0.2350 |
| May 27, 2021 | $0.2350 |
| Jan 7, 2021 | $0.1400 |
| Oct 8, 2020 | $0.1400 |
| Jul 9, 2020 | $0.1350 |