MAS
Masco Corporation64.77
-0.15-0.23%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
13.56BP/E (TTM)
16.57Basic EPS (TTM)
3.91Dividend Yield
0.02%Recent Filings
8-K
Appoints P&G exec to board
8-K
Ahmad exits; Nudi oversees DAP
8-K
Q3 sales down 3%
Masco reported Q3 2025 net sales down 3% to $1,917 million, with adjusted operating profit dropping 13% to $312 million amid weak demand. Plumbing Products grew 2%, but Decorative Architectural fell 12%. Full-year adjusted EPS guidance narrowed to $3.90-$3.95. Markets hurt. Yet share repurchases pressed on.
10-Q
Q3 FY2025 results
Masco posted Q3 net sales of $1,917M, down 3% y/y yet edging prior quarters on Plumbing Products pricing; operating profit fell 15% to $303M (15.8% margin) amid higher commodity and tariff costs, while gross margin slipped to 34.2%. YTD sales dropped 4% to $5,769M, but operating profit held at $1,001M (17.4% margin) and diluted EPS rose 5% to $3.06 on 211M shares. Plumbing (65% of sales) gained 2% y/y to $1,247M; Decorative Architectural dipped 12% post-Kichler sale (Q3 2024, $125M net). Cash fell to $559M after $604M operating cash flow and $357M buybacks, with $1B revolver fully available despite $2.9B debt. Share repurchases accelerate. Tariffs pressure costs.
10-Q
Q2 FY2025 results
Masco Corporation posted Q2 net sales of $2,051 million, down 2% y/y but flat excluding the Kichler divestiture and currency effects, driven by higher plumbing prices offsetting softer paints volume. Gross margin edged up to 37.6% from 37.5%, while operating profit climbed 4% y/y to $412 million, aided by lower SG&A expenses. For the half-year, sales fell 4% y/y to $3,852 million (down 1% adjusted), with operating profit dipping 2% to $698 million; diluted EPS held steady at $2.15 on 212 million shares. Plumbing Products surged 5% y/y in Q2 on pricing, while Decorative Architectural Products dropped 12% post-Kichler sale. Cash from operations generated $148 million, funding $231 million in share repurchases; quarter-end cash stood at $390 million against $2,993 million total debt, with $954 million revolver availability under covenants met. Free cash flow came in at $80 million (derived). Tariffs loom as a key risk, hiking costs in plumbing.
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