MASCO CORP /DE/
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 2,947 | 106.7 |
| Stockholders' equity | (185) | -6.7 |
| Total capitalization | 2,762 | 100.0 |
201,734,437 shares outstanding at 31 March 2026 (cover page of the 10-Q filed 22 April 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 2,947 |
| Long-term debt, noncurrent | 2,945 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 1,400,000,000 |
| Common shares issued | 204,300,000 |
| Par or stated value per share ($) | 1 |
| Preferred stock ($ millions) | 0 |
| Outstanding at 3/31/26 | 201,734,437 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | 1.24 | 32.1 |
| 2024 | 1.16 | 30.9 |
| 2023 | 1.14 | 28.4 |
| 2022 | 1.12 | 30.9 |
| 2021 | 0.84 | 52.2 |
HISTORY AND BUSINESS
HISTORY: Incorporated in Delaware.
BUSINESS: Classified by the SEC under Standard Industrial Classification 3430, Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures. Large accelerated filer. Principal executive office: 17450 College Parkway, Livonia, MI 48152. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 7,562 | 7,828 | 7,967 |
| Cost of revenues | 4,883 | 4,997 | 5,131 |
| Gross profit | 2,679 | 2,831 | 2,836 |
| Selling, general and administrative | 1,426 | 1,468 | 1,473 |
| Depreciation and amortization | 148 | 150 | 149 |
| Operating income | 1,248 | 1,363 | 1,348 |
| Interest expense | 101 | 99 | 106 |
| Income before income taxes | 1,135 | 1,161 | 1,238 |
| Income taxes | 277 | 287 | 278 |
| Net income | 810 | 822 | 908 |
| Earned per share, diluted ($) | 3.86 | 3.76 | 4.02 |
| Dividends per share ($) | 1.24 | 1.16 | 1.14 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Cash and equivalents | 647 | 634 |
| Receivables, net | 1,028 | 1,035 |
| Inventories | 1,046 | 938 |
| Total current assets | 2,840 | 2,730 |
| Property, plant and equipment, net | 1,195 | 1,116 |
| Goodwill | 623 | 597 |
| Total assets | 5,201 | 5,016 |
| Total current liabilities | 1,573 | 1,560 |
| Long-term debt | 2,945 | 2,945 |
| Total liabilities | 5,125 | 5,069 |
| Stockholders' equity | (185) | (279) |
| Total liabilities and equity | 5,201 | 5,016 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 7,562 | 1,248 | 810 | 10.7 | 3.86 | 1.24 | 1,022 | 156 | 866 | 5,201 | 5,125 | 2,947 | (185) | -437.8 | -15.93 |
| 12/31/24 | 7,828 | 1,363 | 822 | 10.5 | 3.76 | 1.16 | 1,075 | 168 | 907 | 5,016 | 5,069 | 2,948 | (279) | -294.6 | -10.57 |
| 12/31/23 | 7,967 | 1,348 | 908 | 11.4 | 4.02 | 1.14 | 1,413 | 243 | 1,170 | 5,363 | 5,247 | 2,948 | (126) | -720.6 | -23.40 |
| 12/31/22 | 8,680 | 1,297 | 844 | 9.7 | 3.63 | 1.12 | 840 | 224 | 616 | 5,187 | 5,429 | 3,151 | (480) | -175.8 | -6.56 |
| 12/31/21 | 8,375 | 1,405 | 410 | 4.9 | 1.62 | 0.84 | 930 | 128 | 802 | 5,575 | 5,497 | 2,959 | (179) | -229.1 | -16.53 |
| 12/31/20 | 7,188 | 1,295 | 1,224 | 17.0 | 4.59 | 0.55 | 953 | 114 | 839 | 5,777 | 5,356 | 2,795 | 195 | 627.7 | 14.33 |
| 12/31/19 | 6,707 | 1,088 | 935 | 13.9 | 3.22 | 0.51 | 833 | 162 | 671 | 5,027 | 5,083 | 2,773 | (235) | -397.9 | -11.80 |
| 12/31/18 | 6,654 | 1,077 | 734 | 11.0 | 2.37 | 0.45 | 1,032 | 219 | 813 | 5,393 | 5,324 | 2,979 | (111) | -661.3 | -26.84 |
| 12/31/17 | 6,014 | 1,029 | 533 | 8.9 | 1.66 | 0.41 | 751 | 173 | 578 | 5,534 | 5,351 | 3,085 | (53) | -1005.7 | -58.21 |
| 12/31/16 | 7,361 | 1,087 | 493 | 6.7 | 1.48 | 0.39 | 789 | 180 | 609 | 5,164 | 5,240 | 2,997 | (298) | -165.4 | -10.06 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
MASCO CORP /DE/
CIK 62996 · EIN 38-1794485
PRINCIPAL OFFICE:
17450 College Parkway, Livonia, MI 48152
Tel.: 3132747400
INCORPORATED:
Delaware
INDUSTRY (SEC SIC CODE):
3430 · Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 10 February 2026
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/10/26) · 10-K FY2024 (filed 2/11/25) · 10-K FY2023 (filed 2/8/24) · 10-K FY2022 (filed 2/9/23) · 10-K FY2021 (filed 2/8/22) · 10-K FY2020 (filed 2/9/21) · 10-K FY2019 (filed 2/11/20) · 10-K FY2018 (filed 2/7/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.