Saturday 17 October 2026
Export MAS’s income statement to Excel — free account
Masco Corporation
MAS Industrials Building Products & Equipment
Masco Corporation’s revenue for fiscal 2025 (year ended December 2025) was $7.6 billion, down 3.40% from fiscal 2024. In the quarter to June 2026, revenue fell 2.88%, EPS grew 25.0%, free cash flow grew 67.8% and total debt rose 10.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.
72.87
0.29
+0.40%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 23.10 | 31.29 | 27.03 | 28.62 | 27.04 | 51.97 | 42.33 | 46.69 | 63.60 | 56.55 |
Analyst estimates 2026–2028 Powerpack |
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| High | 37.38 | 44.44 | 46.45 | 48.36 | 60.16 | 70.82 | 71.06 | 69.66 | 86.70 | 82.18 | |||||
| People | |||||||||||||||
| People | Employees | 26,000 | 26,000 | 26,000 | 18,000 | 18,000 | 20,000 | 19,000 | 18,000 | 18,000 | 18,000 | ||||
| Revenue/emp, $m | 0.28 | 0.23 | 0.26 | 0.37 | 0.40 | 0.42 | 0.46 | 0.44 | 0.43 | 0.42 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 7,361 | 6,014 | 6,654 | 6,707 | 7,188 | 8,375 | 8,680 | 7,967 | 7,828 | 7,562 | ||||
| Gross margin, % | 33.45 | 36.91 | 34.97 | 35.35 | 35.99 | 34.19 | 31.26 | 35.60 | 36.17 | 35.43 | |||||
| EBT | 832 | 718 | 907 | 914 | 1,131 | 688 | 1,193 | 1,238 | 1,161 | 1,135 | |||||
| EBT margin, % | 11.30 | 11.94 | 13.63 | 13.63 | 15.73 | 8.21 | 13.74 | 15.54 | 14.83 | 15.01 | |||||
| Net income | 536 | 580 | 784 | 980 | 1,276 | 478 | 905 | 960 | 874 | 858 | |||||
| Depreciation | 159 | 152 | 177 | 171 | 135 | 151 | 145 | 149 | 150 | 148 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 22.58 | 19.15 | 21.82 | 23.37 | 27.23 | 33.63 | 37.58 | 35.41 | 35.91 | 36.18 | ||||
| Earnings | 1.47 | 1.66 | 2.37 | 3.22 | 4.59 | 1.62 | 3.63 | 4.02 | 3.76 | 3.86 | |||||
| Cash flow | 2.42 | 2.39 | 3.38 | 2.90 | 3.61 | 3.73 | 3.64 | 6.28 | 4.93 | 4.89 | |||||
| Capex | (0.55) | (0.47) | (0.67) | (0.45) | (0.43) | (0.51) | (0.97) | (1.07) | (0.77) | (0.68) | |||||
| Free cash flow | 1.87 | 1.92 | 2.71 | 2.46 | 3.18 | 3.22 | 2.67 | 5.21 | 4.17 | 4.21 | |||||
| Book value | (0.32) | 0.58 | 0.23 | (0.20) | 1.59 | 0.22 | (1.13) | 0.44 | (0.24) | 0.36 | |||||
| Shares, m | 326 | 314 | 305 | 287 | 264 | 249 | 231 | 225 | 218 | 209 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 21.93 | 26.55 | 12.34 | 14.81 | 12.05 | 42.82 | 13.03 | 16.60 | 19.30 | 16.48 | ||||
| P/S | 1.43 | 2.29 | 1.34 | 2.05 | 2.02 | 2.09 | 1.26 | 1.88 | 2.02 | 1.75 | |||||
| P/B | 0.00 | 75.17 | 129.25 | 0.00 | 34.45 | 312.23 | 0.00 | 152.84 | 0.00 | 176.84 | |||||
| EV/Sales | 1.67 | 2.56 | 1.70 | 2.36 | 2.22 | 2.33 | 1.55 | 2.17 | 2.32 | 2.06 | |||||
| EV/FCF | 20.22 | 25.62 | 13.71 | 22.48 | 19.01 | 24.32 | 21.83 | 14.74 | 19.97 | 17.68 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 789 | 751 | 1,032 | 833 | 953 | 930 | 840 | 1,413 | 1,075 | 1,022 | ||||
| Capex | (180) | (149) | (205) | (128) | (113) | (128) | (224) | (240) | (167) | (142) | |||||
| Free cash flow | 609 | 602 | 827 | 705 | 840 | 802 | 616 | 1,173 | 908 | 880 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 1,474 | 1,596 | 1,082 | 1,163 | 1,555 | 1,483 | 1,057 | 1,161 | 1,170 | 1,267 | ||||
| Total debt | 2,995 | 2,969 | 2,971 | 2,771 | 2,792 | 2,949 | 2,946 | 2,945 | 2,945 | 2,945 | |||||
| Net debt | 1,804 | 1,667 | 2,419 | 2,074 | 1,466 | 2,023 | 2,494 | 2,311 | 2,311 | 2,298 | |||||
| Shareholders’ equity | (103) | 183 | 69 | (56) | 421 | 56 | (262) | 98 | (53) | 76 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 9.02 | 9.90 | 13.31 | 17.83 | 22.49 | 7.15 | 15.68 | 17.21 | 15.84 | 15.86 | ||||
| ROIC | 39.94 | 34.76 | 27.05 | 33.70 | 42.89 | 42.24 | 36.32 | 34.97 | 37.73 | 32.86 | |||||
| ROE | (2,164.44) | 1,320.00 | 576.98 | 14,292.31 | 665.75 | 170.23 | (819.42) | (1,107.32) | 3,653.33 | 7,363.64 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Masco Corporation vs peers in Building Products & Equipment (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| MAS Masco Corporation | $14.3B | 16.8× | 16.5× | −2.88% (below 0%: shrinking) | +25.00% (above 0%: growing) | +67.78% (above 0%: growing) | 43.57% | 23.64% | |
| CSL Carlisle Companies Incorporated | $13.3B | 19.0× | 18.5× | +8.33% (above 0%: growing) | +6.75% (above 0%: growing) | −22.53% (below 0%: shrinking) | 36.20% | 22.45% | Compare |
| LII Lennox International, Inc. | $12.4B | 16.1× | 20.8× | +2.96% (above 0%: growing) | −1.40% (below 0%: shrinking) | +133.39% (above 0%: growing) | 34.91% | 22.97% | Compare |
| WMS Advanced Drainage Systems, Inc. | $9.7B | 21.9× | 21.2× | +20.63% (above 0%: growing) | +18.92% (above 0%: growing) | −8.28% (below 0%: shrinking) | 40.76% | 25.43% | Compare |
| OC Owens Corning Inc | $9.0B | — (loss-making) | 13.4× | +0.33% (above 0%: growing) | −34.19% (below 0%: shrinking) | +61.87% (above 0%: growing) | 28.77% | 17.49% | Compare |
| SPXC SPX Technologies, Inc. | $8.4B | 29.5× | 34.3× | +22.92% (above 0%: growing) | +40.18% (above 0%: growing) | +96.84% (above 0%: growing) | 40.18% | 16.94% | Compare |
| AWI Armstrong World Industries, Inc. | $7.0B | 23.0× | 19.3× | +11.16% (above 0%: growing) | +12.44% (above 0%: growing) | +13.13% (above 0%: growing) | 41.31% | 28.35% | Compare |
| AAON AAON, Inc. | $6.4B | 37.8× | 57.5× | +101.23% (above 0%: growing) | +263.16% (above 0%: growing) | +52.96% (above 0%: growing) | 24.32% | 10.99% | Compare |
| BLDR Builders FirstSource, Inc. | $5.8B | 59.4× | 34.1× | −8.77% (below 0%: shrinking) | n/m | −87.35% (below 0%: shrinking) | 28.14% | 3.33% | Compare |
| Median of peers | $8.7B | 23.0× | 21.0× | +9.75% | +12.44% | +33.04% | 35.56% | 19.97% |
MAS metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
Masco Corporation (MAS) key facts
- Concern: Masco Corporation’s revenue for fiscal 2025 (year ended December 2025) was $7.6 billion, down 3.40% from fiscal 2024.
- Masco Corporation (MAS) is a Building Products & Equipment company in the Industrials sector, listed on the New York Stock Exchange.
- As of October 16, 2026, MAS traded at $72.87, a market capitalization of $14.3 billion.
- Masco Corporation pays an annual dividend of $1.27 per share, a yield of 1.74%, with a payout ratio of 29.2%.
- Return on equity was 7,363.6% and debt-to-equity -27.50.
- Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 3.91 (safe zone) for fiscal 2025.