Masco Corporation
- Open
- 71.97
- Day high
- 72.34
- Day low
- 71.16
- Prev close
- 70.94
- Volume
- 100K
- Mkt cap
- $14.0B
- P/E (TTM)
- 16.4
- EPS (TTM)
- $4.35
- P/B
- -38.5
- P/S
- 1.8
- Yield
- 1.78%
- Per share
- $1.27
Masco Corporation (MAS) is a Industrials company listed on NYSE. The stock is down 1% over the past year. Drillr has 1 published research article covering MAS.
Masco Corporation (MAS) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 8 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
MAS earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Jul 29, 2026 | $1.32 | $1.64 | +24.2% | $2.0B | -4.4% |
| Apr 22, 2026 | $0.88 | $1.04 | +18.2% | $1.9B | +4.6% |
| Oct 29, 2025 | $1.02 | $0.97 | -4.9% | $1.9B | +5.3% |
| Jul 31, 2025 | $1.09 | $1.30 | +19.3% | $2.1B | +2.7% |
| Apr 23, 2025 | $0.92 | $0.87 | -4.9% | $1.8B | -2.0% |
| Jul 25, 2024 | $1.18 | $1.20 | +1.7% | $2.1B | -0.5% |
| Feb 8, 2024 | $0.66 | $0.83 | +25.8% | $1.9B | +5.2% |
| Oct 26, 2023 | $0.91 | $1.00 | +9.9% | $2.0B | +0.3% |
| Jul 27, 2023 | $0.96 | $1.19 | +24.0% | $2.1B | +2.7% |
| Feb 9, 2023 | $0.67 | $0.65 | -3.0% | $1.9B | +0.1% |
| Oct 26, 2022 | $1.06 | $0.98 | -7.5% | $2.2B | -1.6% |
| Jul 28, 2022 | $1.19 | $1.14 | -4.2% | $2.4B | -0.5% |
MAS insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| May 12, 2026 | Stevens Charles K. IIIdirector | Grant | 2,650 | — |
| May 12, 2026 | Alexander Mark R.director | Grant | 2,650 | — |
| May 12, 2026 | Ffolkes Marie Adirector | Grant | 2,650 | — |
| May 12, 2026 | Denari Ainedirector | Grant | 2,650 | — |
| May 12, 2026 | Coombe Gary Adirector | Grant | 2,650 | — |
| May 12, 2026 | Sandeep Reddydirector | Grant | 2,650 | — |
| May 12, 2026 | O'HERLIHY CHRISTOPHER Adirector | Grant | 2,650 | — |
| May 12, 2026 | PLANT JOHN Cdirector | Grant | 2,650 | — |
| May 12, 2026 | PAYNE LISA Adirector | Grant | 2,650 | — |
| Mar 10, 2026 | PAYNE LISA Adirector | Sell | 14,729 | $63.66 |
| Mar 10, 2026 | PAYNE LISA Adirector | Sell | 2,006 | $63.66 |
| Mar 10, 2026 | Shah Jaiofficer: Group President | Tax | 4,410 | $63.66 |
| Feb 27, 2026 | Stone Jennifer Aofficer: VP, Chief HR Officer | Tax | 4,767 | $71.86 |
| Feb 27, 2026 | Cole Kenneth G.officer: VP, General Counsel and Sec. | Tax | 1,671 | $71.86 |
| Feb 27, 2026 | Eisman Heath Mofficer: VP, Controller and CAO | Tax | 379 | $71.86 |
Source: MAS SEC Form 4 filings, latest May 12, 2026. For informational purposes only — not investment advice.
See the full MAS insider & 13F page →Masco Corporation company profile
Overview
Masco Corporation (NYSE:MAS) is a leading manufacturer and distributor of home improvement and building products founded in 1929 and headquartered in Livonia, Michigan. The company has evolved from its early industrial roots into a focused home improvement products company through strategic acquisitions and divestitures over nearly a century. Today, Masco operates two primary business segments serving the North American, European, and international markets with well-known brands in plumbing fixtures and decorative architectural products. The company went public in 1980 and has established itself as a major player in the repair and remodel market, which represents the majority of its business focus.
Business
Masco Corporation operates in the home improvement and building products industry, focusing primarily on the repair and remodel market rather than new construction. The company's business is organized into two main segments that together generate approximately $7.8 billion in annual revenue. Plumbing Products Segment (approximately 60% of total revenue): This segment manufactures and distributes a comprehensive range of plumbing fixtures and related products. The portfolio includes faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, sinks, toilets, and acrylic tubs. The segment also produces brass, copper, and composite plumbing system components, connected water products (smart home technology), and specialized PEX tubing products. Notable brands include DELTA, BRIZO, PEERLESS, HANSGROHE, AXOR, KRAUS, HOT SPRING, CALDERA, and ENDLESS POOLS. The segment serves both residential and commercial markets through wholesale distributors, home centers, and online retailers. Decorative Architectural Products Segment (approximately 40% of total revenue): This segment focuses on interior and exterior decorative products for homes. The primary product categories include paints, primers, specialty coatings, stains, and waterproofing products, along with paint applicators and accessories. The segment also produces cabinet and door hardware, functional hardware, wall plates, closet organization systems, decorative bath hardware, mirrors, shower accessories, and decorative lighting fixtures and ceiling fans. Key brands include BEHR (paint), KILZ, LIBERTY, BRAINERD, FRANKLIN BRASS, and KICHLER. The paint business represents the largest portion of this segment, with both do-it-yourself (DIY) and professional painter markets served primarily through Home Depot and other major retailers. The repair and remodel market, which represents the majority of Masco's addressable market, is driven by homeowners improving existing properties rather than new home construction. This market is influenced by factors such as home equity levels, demographic trends, housing stock age, and consumer confidence in home improvement spending.
Revenue model
Masco generates revenue primarily through product sales to a diverse customer base that includes wholesale distributors, home centers, online retailers, hardware stores, and mass merchandisers. The company operates a traditional manufacturing and distribution business model where it designs, manufactures, and sells physical products rather than providing services or subscriptions. Revenue Generation: The company's revenue comes from selling manufactured products at markup over production costs. In the Plumbing segment, products are sold through plumbing, heating, and hardware wholesalers, as well as directly to home centers and online retailers. The Decorative Architectural segment sells primarily through major home improvement retailers like Home Depot, which represents a significant portion of paint sales, along with hardware stores and other mass merchandisers. Customer Segmentation: Masco serves both consumer and professional markets. The DIY market consists of homeowners purchasing products for self-installation, while the professional market includes contractors, plumbers, painters, and other trade professionals. The professional paint market has shown particular strength, growing to represent approximately one-third of the paint business and demonstrating higher resilience during market downturns. Margin Drivers: Several factors influence Masco's profitability. Positive margin drivers include operational efficiency improvements through continuous improvement programs, pricing discipline in both segments, product innovation that commands premium pricing, and the company's strong brand portfolio that provides pricing power. The professional market segments typically offer better margins due to less price sensitivity and stronger customer relationships. Margin Pressures: The company faces margin pressure from commodity cost inflation, particularly in raw materials used in manufacturing, tariff impacts on products sourced from China, competitive pricing pressure in certain market segments, and volume leverage effects during market downturns. The repair and remodel market's cyclical nature can create temporary margin compression during economic slowdowns, though the company has demonstrated ability to maintain profitability through operational efficiency and cost management during challenging periods.
Competitive moat
Masco possesses a moderate but meaningful competitive moat built primarily around its strong brand portfolio, distribution relationships, and market positioning, though the moat faces ongoing competitive pressures and is not impregnable. Brand Strength and Market Position: The company's strongest moat element is its collection of well-established brands, particularly DELTA in plumbing fixtures, BEHR in paint, and HANSGROHE in premium plumbing products. These brands have achieved significant market share and consumer recognition, with BEHR being voted "most trusted paint brand" and DELTA maintaining leadership in the North American faucet market. Brand strength provides pricing power and customer loyalty, particularly important in the professional market where contractors develop preferences for reliable products. Distribution Network and Relationships: Masco has built strong relationships with key retailers, most notably Home Depot, which represents a significant portion of its paint sales. The company also maintains extensive wholesale distribution networks in plumbing that would be difficult for new entrants to replicate quickly. These relationships create switching costs and provide preferred shelf space and marketing support. Scale and Operational Efficiency: The company's manufacturing scale allows for cost advantages and the ability to invest in continuous improvement programs, automation, and innovation. This scale also provides negotiating power with suppliers and the ability to weather market downturns better than smaller competitors. Competitive Vulnerabilities: The moat faces several challenges. The home improvement products industry is highly competitive with numerous established players and private label alternatives. Commodity-like nature of some products limits differentiation potential. Large retailers like Home Depot have significant bargaining power and could potentially develop private label alternatives. Additionally, the company faces ongoing pressure from tariffs on Chinese-sourced products and must continuously invest in innovation to maintain differentiation. New technologies and direct-to-consumer models could potentially disrupt traditional distribution channels, though this risk appears manageable in the near term given the nature of plumbing and paint products requiring professional installation or local availability.
Risks & safety
Masco presents a moderate margin of safety with solid financial fundamentals but some areas of concern, particularly around debt levels and recent negative equity position. • Liquidity and Solvency: Current ratio of 1.75 indicates adequate short-term liquidity. Cash and short-term investments of $634 million provide reasonable cushion. However, total liabilities of $5.07 billion exceed total assets of $5.02 billion, creating a negative equity position of -$54 million, which represents a notable concern for financial stability. • Cash Flow Generation: Strong operational cash flow generation of $1.075 billion in 2024 and free cash flow of $907 million demonstrate the company's ability to generate cash from operations. However, Q1 2025 showed negative operating cash flow of -$157 million and free cash flow of -$190 million, indicating potential seasonal volatility. • Valuation Metrics: Trading at P/E ratio of approximately 19.8x based on recent earnings, which appears reasonable for a mature industrial company. EV/EBITDA of approximately 13.0x suggests moderate valuation levels. Graham Net-Net ratio of -14.6 indicates the stock trades above conservative asset-based valuations. • Debt Considerations: The negative equity position raises questions about debt levels and capital structure, though strong cash flow generation provides some comfort. The company has maintained dividend payments and share repurchase programs, indicating management confidence in financial stability. • Other Considerations: Exposure to tariff impacts (estimated $675 million annual impact) creates near-term uncertainty, though management has outlined mitigation strategies. Cyclical nature of repair and remodel market adds earnings volatility risk.
Recent development
Over the past few years, Masco has pursued several strategic initiatives focused on portfolio optimization, operational efficiency, and market positioning. The company completed the divestiture of Kichler Lighting in 2024 to streamline its portfolio and focus on core plumbing and decorative architectural products. This strategic move allowed management to concentrate resources on higher-growth, higher-margin opportunities while generating proceeds for capital allocation. Operational Excellence and Margin Expansion: Management has implemented comprehensive operational improvement programs, including Kaizen events and continuous improvement initiatives across manufacturing facilities. These efforts have contributed to significant margin expansion, with the company achieving its highest operating margins in recent years despite challenging market conditions. The company has set ambitious long-term margin targets of 20% for the Plumbing segment and 19-20% for the Decorative Architectural segment by 2026. Supply Chain Diversification: In response to tariff pressures and supply chain risks, Masco has actively reduced its China sourcing exposure by 45% since 2018. The company continues to diversify its supplier base and has increased domestic manufacturing capabilities. Management has developed comprehensive mitigation strategies for the estimated $675 million annual tariff impact, targeting $200-250 million in cost savings through sourcing changes, supplier negotiations, and operational efficiencies. Professional Market Focus: The company has significantly expanded its professional painter business, which now represents approximately one-third of its paint sales and has grown over 25% in recent years. This segment has demonstrated greater resilience during market downturns and typically offers better margins than DIY markets. Masco has invested in dedicated professional products, services, and distribution channels to capture this opportunity. Innovation and Product Development: Recent product launches include Delta's Tankless Reverse Osmosis Water Filtration System, connected water products with smart home technology, and FreshWater IQ smart monitoring system for spas. The company has also integrated the Sauna360 acquisition to expand into the wellness market and continues to invest in innovation across both business segments to maintain competitive differentiation.
MAS company profile · for informational purposes only — not investment advice.
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