MASCO CORP /DE/

10-K & 10-Q Filings

Masco Corporation is a global leader in the design, manufacture, and distribution of branded home improvement and building products. The company's strategic business focus is on residential repair and remodeling activity and, to a lesser extent, new home construction. Masco's business segments include Plumbing Products and Decorative Architectural Products. The Plumbing Products segment includes faucets, showerheads, valves, bath hardware, acrylic tubs, spas, exercise pools, saunas, brass plumbing system components, and other non-decorative plumbing products. The Decorative Architectural Products segment primarily includes architectural coatings, cabinet and door hardware, functional hardware, wall plates, hook and hook rail products, and outdoor living hardware. Masco's website is www.masco.com, and its ticker symbol is MAS.

12 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$7745.00
8173.00
8521.00
7142.00
7357.00
7644.00
6707.00
7188.00
8375.00
8680.00
7967.00
1979.00
1926.00
0.26%-2.68%Cost of Revenue (-)
$5794.00
5918.00
6134.00
4889.00
4901.00
5033.00
5670.00
4336.00
4601.00
5512.00
5967.00
5131.00
1310.00
1241.00
-1.10%-5.27%Gross Profit (+)
$1951.00
2255.00
2387.00
2253.00
2456.00
2611.00
2689.00
2371.00
2587.00
2863.00
2713.00
2836.00
669.00
685.00
3.46%2.39%Selling, General & Administrative (-)
$1561.00
1582.00
1607.00
1339.00
1403.00
1442.00
1478.00
1274.00
1292.00
1413.00
1390.00
1473.00
354.00
367.00
-0.53%3.67%Non-recurring Operating Expenses (-)
$2.00
-9.00
9.00
45.00
26.00
15.00
20.10%Operating Expenses (-)
$1680.00
1582.00
1598.00
1339.00
1403.00
1442.00
1478.00
1283.00
1292.00
1458.00
1416.00
1488.00
354.00
367.00
-1.10%3.67%Costs & Expenses (Total) (-)
$7474.00
7500.00
7732.00
6228.00
6304.00
6475.00
7148.00
5619.00
5893.00
6970.00
7383.00
6619.00
1664.00
1608.00
-1.10%-3.37%Operating Income/Loss (+)
$271.00
673.00
788.00
914.00
1053.00
1169.00
1211.00
1088.00
1295.00
1405.00
1297.00
1348.00
315.00
318.00
15.70%0.95%Non-operating Income/Expense (+)
$-229.00
-239.00
-213.00
-225.00
-223.00
-284.00
-169.00
-174.00
-164.00
-717.00
-104.00
-110.00
-30.00
-30.00
0.00%Interest Expense (-)
$254.00
-235.00
225.00
225.00
229.00
278.00
156.00
159.00
144.00
278.00
108.00
106.00
28.00
25.00
-7.64%-10.71%Earnings before Tax (+)
$42.00
434.00
575.00
689.00
830.00
885.00
1042.00
914.00
1131.00
688.00
1193.00
1238.00
285.00
289.00
36.02%1.40%Tax Expense (-)
$83.00
111.00
-333.00
293.00
296.00
305.00
258.00
230.00
269.00
210.00
288.00
278.00
64.00
60.00
11.62%-6.25%Income/Loss (Continuing Operations) (+)
$-41.00
323.00
908.00
396.00
534.00
580.00
784.00
684.00
862.00
478.00
905.00
960.00
221.00
229.00
3.62%Income/Loss (Discontinued Operations) (+)
$-38.00
-10.00
-5.00
-2.00
296.00
414.00
Profit/Loss (+)
$-79.00
313.00
903.00
394.00
534.00
580.00
784.00
980.00
1276.00
478.00
905.00
221.00
Net Income/Loss (NCI) (-)
$35.00
41.00
47.00
39.00
43.00
47.00
50.00
45.00
52.00
68.00
61.00
52.00
16.00
14.00
3.66%-12.50%Net Income/Loss (+)
$-114.00
272.00
856.00
355.00
491.00
533.00
734.00
935.00
1224.00
410.00
844.00
908.00
205.00
215.00
4.88%Net Income/Loss (Common) (+)
$-114.00
272.00
856.00
355.00
491.00
533.00
734.00
935.00
1224.00
410.00
844.00
908.00
205.00
215.00
4.88%EPS (Basic)
$-0.33
0.76
2.40
1.03
1.49
1.68
2.38
3.24
4.60
1.63
3.65
4.03
0.91
0.97
6.59%EPS (Diluted)
$-0.33
0.76
2.38
1.02
1.47
1.66
2.37
3.22
4.59
1.62
3.63
4.02
0.90
0.97
7.78%Weighted Avg Shares (Basic)
356.57
356.40
349.54
333.93
320.32
313.39
294.49
277.74
257.14
239.93
225.20
219.76
225.09
220.24
-4.30%-2.15%Cash
$1351.00
1223.00
1383.00
1468.00
990.00
1194.00
559.00
697.00
1326.00
926.00
452.00
634.00
510.00
368.00
-6.65%-27.84%Short-term Investments
$
321.00
306.00
248.00
201.00
108.00
Receivables
$965.00
1004.00
1040.00
853.00
917.00
1021.00
1153.00
997.00
1138.00
1171.00
1149.00
1090.00
1329.00
1310.00
1.11%-1.43%Inventory
$792.00
765.00
819.00
687.00
712.00
796.00
946.00
754.00
876.00
1216.00
1236.00
1022.00
1196.00
1059.00
2.34%-11.45%Prepaid Expenses (Current)
$109.00
155.00
71.00
72.00
114.00
96.00
108.00
90.00
149.00
109.00
109.00
110.00
113.00
112.00
0.08%-0.88%Other Assets (Current)
$
244.00
173.00
Assets (Current)
$3217.00
3468.00
3863.00
3328.00
2934.00
3215.00
2766.00
2711.00
3489.00
3422.00
2946.00
2856.00
3148.00
2850.00
-1.08%-9.47%Property, Plant & Equipment (Net)
$1429.00
1252.00
1139.00
1027.00
1060.00
1129.00
1223.00
1054.00
1074.00
1083.00
1241.00
1389.00
1285.00
1373.00
-0.26%6.85%Goodwill & Intangibles
$2045.00
2052.00
2029.00
999.00
986.00
1028.00
1304.00
768.00
920.00
956.00
887.00
981.00
884.00
965.00
-6.46%9.16%Other Assets
$184.00
161.00
136.00
326.00
157.00
116.00
100.00
494.00
294.00
114.00
113.00
139.00
113.00
148.00
-2.52%30.97%Assets (Non-current)
$3658.00
3465.00
3304.00
2352.00
2203.00
2273.00
2627.00
2316.00
2288.00
2153.00
2241.00
2509.00
2282.00
2486.00
-3.37%8.94%Assets (Total)
$6875.00
6933.00
7167.00
5680.00
5137.00
5488.00
5393.00
5027.00
5777.00
5575.00
5187.00
5363.00
5430.00
5336.00
-2.23%-1.73%Accounts Payable
$1656.00
1776.00
1706.00
752.00
1458.00
1512.00
1676.00
700.00
1931.00
1929.00
1684.00
1692.00
1605.00
1589.00
0.20%-1.00%Debt (Current)
$206.00
6.00
505.00
1005.00
2.00
116.00
8.00
2.00
3.00
10.00
205.00
3.00
413.00
52.00
-31.92%-87.41%Other Liabilities (Current)
$
749.00
846.00
Liabilities (Current)
$1862.00
1782.00
2211.00
2506.00
1460.00
1628.00
1684.00
1548.00
1934.00
1939.00
1889.00
1695.00
2018.00
1641.00
-0.85%-18.68%Debt (Non-current)
$3422.00
3421.00
2919.00
2418.00
2995.00
2969.00
2971.00
2771.00
2941.00
2949.00
2946.00
2945.00
2946.00
2945.00
-1.36%-0.03%Other Liabilities
$1057.00
967.00
909.00
698.00
785.00
715.00
669.00
764.00
481.00
609.00
594.00
607.00
586.00
592.00
-4.92%1.02%Liabilities (Non-current)
$4479.00
4388.00
3828.00
3116.00
3780.00
3684.00
3640.00
3535.00
3422.00
3558.00
3540.00
3552.00
3532.00
3537.00
-2.09%0.14%Liabilities (Total)
$6341.00
6170.00
6039.00
5622.00
5240.00
5312.00
5324.00
5083.00
5356.00
5497.00
5429.00
5247.00
5550.00
5179.00
-1.71%-6.68%Retained Earnings
$-102.00
55.00
690.00
-300.00
-381.00
-305.00
-278.00
-332.00
79.00
-652.00
-947.00
-596.00
-847.00
-527.00
37.78%AOCI
$59.00
115.00
-111.00
-165.00
-235.00
-65.00
-127.00
-179.00
-142.00
232.00
226.00
249.00
243.00
231.00
13.99%-4.94%Shareholder's Equity
$534.00
763.00
1128.00
58.00
-103.00
176.00
69.00
-56.00
421.00
56.00
-262.00
98.00
-140.00
157.00
-14.28%212.14%Liabilities & Equity
$6875.00
6933.00
7167.00
5680.00
5137.00
5488.00
5393.00
5027.00
5777.00
5575.00
5187.00
5363.00
5430.00
5336.00
-2.23%-1.73%Net Income/Loss
$-79.00
313.00
903.00
394.00
534.00
580.00
784.00
980.00
1276.00
478.00
905.00
960.00
Depreciation & Amortization
$
186.00
167.00
133.00
134.00
127.00
156.00
159.00
133.00
151.00
145.00
149.00
Increase/Decrease in Working Capital
$-36.00
-256.00
93.00
5.00
88.00
150.00
-51.00
6.00
-102.00
224.00
283.00
-241.00
253.00
409.00
61.66%Share-based Compensation
$61.00
54.00
47.00
23.00
-49.00
27.00
35.00
45.00
61.00
49.00
31.00
-5.97%Adjustments to Reconcile Net Income
$360.00
332.00
-301.00
305.00
192.00
171.00
248.00
-147.00
-323.00
452.00
-65.00
448.00
-253.00
-409.00
2.01%-61.66%Net Cash (Operating)
$281.00
645.00
602.00
699.00
726.00
751.00
1032.00
833.00
953.00
930.00
840.00
1413.00
33.00
-94.00
15.82%-384.85%Capital Expenditure
$43.00
-177.00
114.00
181.00
180.00
110.00
754.00
-594.00
-530.00
180.00
223.00
379.00
61.00
31.00
21.88%-49.18%Net Cash (Investing)
$-27.00
-77.00
-100.00
-189.00
-124.00
-25.00
-651.00
582.00
531.00
-12.00
-230.00
-383.00
-59.00
-33.00
44.07%Increase/Decrease in Debt
$-396.00
208.00
-2.00
-3.00
-412.00
55.00
-115.00
-209.00
13.00
152.00
190.00
-205.00
207.00
48.00
-76.81%Increase/Decrease in Equity
$-8.00
39.00
-157.00
-457.00
-458.00
-331.00
-640.00
-871.00
-701.00
-1021.00
-913.00
-315.00
-44.00
-70.00
-59.09%Dividends Paid
$147.00
-141.00
151.00
162.00
159.00
164.00
223.00
186.00
168.00
254.00
326.00
306.00
65.00
64.00
6.89%-1.54%Net Cash (Financing)
$-576.00
-382.00
-297.00
-410.00
-1046.00
-577.00
-1020.00
-1291.00
-886.00
-1298.00
-1066.00
-854.00
78.00
-134.00
-271.79%Effect of Exchange Rate
$17.00
-3.00
-45.00
-15.00
-34.00
55.00
4.00
14.00
31.00
-20.00
-18.00
6.00
6.00
-6.00
-9.03%-200.00%Increase/Decrease in Cash
$-305.00
183.00
160.00
85.00
-478.00
204.00
-635.00
138.00
629.00
-400.00
-474.00
182.00
58.00
-266.00
-558.62%Cash (Beginning)
$1656.00
1040.00
1223.00
1383.00
1468.00
990.00
1194.00
559.00
697.00
1326.00
926.00
452.00
452.00
634.00
-11.13%40.27%Cash (Ending)
$1351.00
1223.00
1383.00
1468.00
990.00
1194.00
559.00
697.00
1326.00
926.00
452.00
634.00
510.00
368.00
-6.65%-27.84%NOPAT
$-264.55
500.87
1244.35
525.32
677.47
766.12
911.16
1361.79
1603.01
976.15
983.89
1045.30
244.26
251.98
3.16%Gross Margin %
25.19%
27.59%
28.01%
31.55%
33.38%
34.16%
35.35%
35.99%
34.19%
31.26%
35.60%
33.80%
35.57%
Operating Margin %
3.50%
8.23%
9.25%
12.80%
14.31%
15.29%
16.22%
18.02%
16.78%
14.94%
16.92%
15.92%
16.51%
NOPAT Margin %
-3.42%
6.13%
14.60%
7.36%
9.21%
10.02%
20.30%
22.30%
11.66%
11.34%
13.12%
12.34%
13.08%
Net Margin %
-1.47%
3.33%
10.05%
4.97%
6.67%
6.97%
13.94%
17.03%
4.90%
9.72%
11.40%
10.36%
11.16%
Tax Rate %
197.62%
25.58%
-57.91%
42.53%
35.66%
34.46%
24.76%
-25.16%
-23.78%
30.52%
24.14%
22.46%
22.46%
20.76%
ROA
-3.85%
7.22%
17.36%
9.25%
13.19%
13.96%
16.90%
27.09%
27.75%
17.51%
18.97%
19.49%
4.50%
4.72%
ROE
-49.54%
65.65%
110.32%
905.72%
-657.74%
435.30%
1320.52%
-2431.76%
380.76%
1743.12%
-375.53%
1066.63%
-174.47%
160.50%
ROIC
-5.93%
11.73%
29.32%
16.29%
22.09%
23.06%
36.06%
42.41%
54.44%
28.35%
29.02%
29.58%
7.18%
7.36%
Asset Turnover
1.13
1.18
1.19
1.26
1.43
1.39
1.33
1.24
1.50
1.67
1.49
0.36
0.36
Inventory Turnover
7.32
7.74
7.49
7.12
6.88
6.32
5.99
5.75
5.25
4.53
4.83
5.02
1.10
1.17
Equity Multiplier
12.87
9.09
6.35
97.93
-49.87
31.18
78.16
-89.77
13.72
99.55
-19.80
54.72
-38.79
33.99
Current Ratio
1.73
1.95
1.75
1.33
2.01
1.97
1.64
1.75
1.80
1.76
1.56
1.68
1.56
1.74
Quick Ratio
1.24
1.43
1.23
1.03
1.44
1.43
1.02
1.09
1.27
1.08
0.85
1.02
0.91
1.02
Debt/Equity Ratio
6.79
4.49
3.04
59.02
-29.10
17.53
43.17
-49.52
6.99
52.84
-12.03
30.08
-23.99
19.09
Working Capital/Sales
0.13
0.12
0.13
0.17
0.14
0.15
0.21
0.13
0.17
0.15
0.15
0.62
0.56
Dividend Payout Ratio %
55.57%
-28.15%
12.13%
30.84%
23.47%
21.41%
24.47%
13.66%
10.48%
26.02%
33.13%
29.27%
26.61%
25.40%
Total Payout
$551.00
-388.00
310.00
622.00
1029.00
440.00
978.00
1266.00
856.00
1123.00
1049.00
826.00
-98.00
86.00
3.75%187.76%Payout Ratio %
208.28%
-77.46%
24.91%
118.40%
151.89%
57.43%
107.34%
92.97%
53.40%
115.04%
106.62%
79.02%
-40.12%
34.13%