Masco Corp (MAS) financial statements: income statement, balance sheet and cash flow
Masco Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Masco Corp reported revenue of $7.6B (-3.4% year on year) and net income of $858.0M (-1.8% year on year).
Income statement
Masco Corp income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net sales
$7.6B
$7.8B
$8.0B
$8.7B
Cost of sales
$4.9B
$5.0B
$5.1B
$6.0B
Gross profit
$2.7B
$2.8B
$2.8B
$2.7B
Selling, general and administrative expenses
$1.4B
$1.5B
$1.5B
$1.4B
Impairment charges for other intangible assets
$5.0M
—
$15.0M
$26.0M
Operating profit
$1.2B
$1.4B
$1.3B
$1.3B
Interest expense
($101.0M)
($99.0M)
($106.0M)
($108.0M)
Other, net
($12.0M)
($103.0M)
($4.0M)
$4.0M
Nonoperating income (expense)
($114.0M)
($202.0M)
($110.0M)
($104.0M)
Income before income taxes
$1.1B
$1.2B
$1.2B
$1.2B
Income tax expense
$277.0M
$287.0M
$278.0M
$288.0M
Net income
$858.0M
$874.0M
$960.0M
$905.0M
Less: Net income attributable to noncontrolling interest
$48.0M
$52.0M
$52.0M
$61.0M
Net income attributable to Masco Corporation
$810.0M
$822.0M
$908.0M
$844.0M
Net income, basic (in dollars per share)
$3.87
$3.77
$4.03
$3.65
Net income, diluted (in dollars per share)
$3.86
$3.76
$4.02
$3.63
Masco Corp income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Net sales
$2.0B
$1.9B
$1.9B
$2.1B
Cost of sales
$1.1B
$1.2B
$1.3B
$1.3B
Gross profit
$868.0M
$686.0M
$656.0M
$772.0M
Selling, general and administrative expenses
$397.0M
$369.0M
$353.0M
$361.0M
Operating profit
$470.0M
$316.0M
$303.0M
$412.0M
Interest expense
($28.0M)
($26.0M)
($25.0M)
($26.0M)
Other, net
($2.0M)
$1.0M
($2.0M)
($7.0M)
Nonoperating income (expense)
($30.0M)
($25.0M)
($27.0M)
($33.0M)
Income before income taxes
$440.0M
$291.0M
$276.0M
$378.0M
Income tax expense
$107.0M
$63.0M
$76.0M
$95.0M
Net income
$333.0M
$228.0M
$200.0M
$283.0M
Less: Net income attributable to noncontrolling interest
$15.0M
$15.0M
$11.0M
$13.0M
Net income attributable to Masco Corporation
$318.0M
$213.0M
$189.0M
$270.0M
Net income (in dollars per share)
$1.60
$1.05
$0.91
$1.29
Balance sheet
Masco Corp balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash investments
$647.0M
$634.0M
$634.0M
$452.0M
Receivables
$1.0B
$1.0B
$1.1B
$1.1B
Inventories
$1.0B
$938.0M
$1.0B
$1.2B
Prepaid expenses and other
$119.0M
$123.0M
$110.0M
$109.0M
Total current assets
$2.8B
$2.7B
$2.9B
$2.9B
Property and equipment, net
$1.2B
$1.1B
$1.1B
$975.0M
Goodwill
$623.0M
$597.0M
$604.0M
$537.0M
Other intangible assets, net
$205.0M
$220.0M
$377.0M
$350.0M
Operating lease right-of-use assets
$233.0M
$231.0M
$268.0M
$266.0M
Other assets
$105.0M
$123.0M
$139.0M
$113.0M
Total assets
$5.2B
$5.0B
$5.4B
$5.2B
Accounts payable
$810.0M
$789.0M
$840.0M
$877.0M
Notes payable
$2.0M
$3.0M
$3.0M
$205.0M
Accrued liabilities
$761.0M
$767.0M
$852.0M
$807.0M
Total current liabilities
$1.6B
$1.6B
$1.7B
$1.9B
Long-term debt
$2.9B
$2.9B
$2.9B
$2.9B
Noncurrent operating lease liabilities
$221.0M
$223.0M
$258.0M
$255.0M
Other liabilities
$387.0M
$342.0M
$349.0M
$339.0M
Total liabilities
$5.1B
$5.1B
$5.2B
$5.4B
Common shares, par value $1 per share Authorized shares: 1,400,000,000; Issued and outstanding: 2025 – 204,300,000; 2024 – 212,500,000
$204000000.00
$212000000.00
$221000000.00
$225000000.00
Preferred shares authorized: 1,000,000; Issued and outstanding: 2025 and 2024 – None
0
0
0
0
Paid-in capital
$0
$0
$0
$16.0M
Retained deficit
($688.0M)
($693.0M)
($596.0M)
($947.0M)
Accumulated other comprehensive income
$298.0M
$201.0M
$249.0M
$226.0M
Total Masco Corporation's shareholders' deficit
($185.0M)
($279.0M)
($126.0M)
($480.0M)
Noncontrolling interest
$261.0M
$227.0M
$224.0M
$218.0M
Total equity
$76.0M
($53.0M)
$98.0M
($262.0M)
Total liabilities and equity
$5.2B
$5.0B
$5.4B
$5.2B
Masco Corp balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash investments
$548.0M
$388.0M
$559.0M
$390.0M
Receivables
$1.3B
$1.3B
$1.2B
$1.3B
Inventories
$1.1B
$1.1B
$1.1B
$1.1B
Prepaid expenses and other
$119.0M
$119.0M
$150.0M
$119.0M
Total current assets
$3.1B
$2.9B
$3.0B
$2.9B
Property and equipment, net
$1.2B
$1.2B
$1.2B
$1.2B
Goodwill
$618.0M
$618.0M
$622.0M
$621.0M
Other intangible assets, net
$194.0M
$198.0M
$213.0M
$219.0M
Operating lease right-of-use assets
$253.0M
$238.0M
$239.0M
$244.0M
Other assets
$77.0M
$100.0M
$98.0M
$106.0M
Total assets
$5.4B
$5.2B
$5.3B
$5.3B
Accounts payable
$890.0M
$894.0M
$842.0M
$871.0M
Notes payable
$2.0M
$129.0M
$2.0M
$48.0M
Accrued liabilities
$754.0M
$630.0M
$732.0M
$690.0M
Total current liabilities
$1.6B
$1.7B
$1.6B
$1.6B
Long-term debt
$3.2B
$2.9B
$2.9B
$2.9B
Noncurrent operating lease liabilities
$246.0M
$228.0M
$226.0M
$231.0M
Other liabilities
$383.0M
$380.0M
$396.0M
$352.0M
Total liabilities
$5.5B
$5.2B
$5.1B
$5.1B
Common shares, par value $1 per share Authorized shares: 1,400,000,000; Issued and outstanding: 2026 – 197,200,000; 2025 – 204,300,000
$197000000.00
$202000000.00
$208000000.00
$209000000.00
Preferred shares authorized: 1,000,000; Issued and outstanding: 2026 and 2025 – None
0
0
0
0
Paid-in capital
$6.0M
$0
$0
$0
Retained deficit
($849.0M)
($722.0M)
($576.0M)
($583.0M)
Accumulated other comprehensive income
$280.0M
$278.0M
$291.0M
$289.0M
Total Masco Corporation's shareholders' deficit
($365.0M)
($242.0M)
($78.0M)
($84.0M)
Noncontrolling interest
$247.0M
$269.0M
$246.0M
$234.0M
Total equity
($118.0M)
$27.0M
$168.0M
$150.0M
Total liabilities and equity
$5.4B
$5.2B
$5.3B
$5.3B
Cash flow statement
Masco Corp cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income
$858.0M
$874.0M
$960.0M
$905.0M
Depreciation and amortization
$148.0M
$150.0M
$149.0M
$145.0M
Deferred income taxes
$64.0M
$28.0M
($32.0M)
($15.0M)
Employee withholding taxes paid on stock-based compensation
$10.0M
$35.0M
$29.0M
$17.0M
Loss on disposition of business, net
$0
$80.0M
$0
$1.0M
(Gain) loss on disposition of property and equipment
($5.0M)
—
—
—
Pension and other post-retirement benefits
($8.0M)
($7.0M)
($6.0M)
($3.0M)
Impairment charges for other intangible assets
$5.0M
—
—
—
Stock-based compensation
$30.0M
$39.0M
$31.0M
$49.0M
Decrease (increase) in receivables
$19.0M
($39.0M)
$42.0M
($15.0M)
(Increase) decrease in inventories
($81.0M)
$4.0M
$233.0M
($43.0M)
Decrease in accounts payable and accrued liabilities, net
($14.0M)
($95.0M)
($34.0M)
($225.0M)
Other, net
($4.0M)
$6.0M
$27.0M
$17.0M
Net cash from operating activities
$1.0B
$1.1B
$1.4B
$840.0M
Purchase of Company common stock
($571.0M)
($751.0M)
($353.0M)
($914.0M)
Excise tax paid on the purchase of Company common stock
($6.0M)
($3.0M)
—
—
Cash dividends paid
($261.0M)
($254.0M)
($257.0M)
($258.0M)
Purchase of redeemable noncontrolling interest
$0
($15.0M)
—
—
Dividends paid to noncontrolling interest
($45.0M)
($37.0M)
($49.0M)
($68.0M)
Proceeds from short-term borrowings
$0
$0
$77.0M
—
Payment of short-term borrowings
$0
$0
($77.0M)
—
Payment of term loan
$0
$0
($200.0M)
$300.0M
Proceeds from the exercise of stock options
$6.0M
$79.0M
$38.0M
$1.0M
Employee withholding taxes paid on stock-based compensation
($10.0M)
($35.0M)
($29.0M)
($17.0M)
Payment of debt
($2.0M)
($3.0M)
($5.0M)
($10.0M)
Net cash for financing activities
($888.0M)
($1.0B)
($854.0M)
($1.1B)
Capital expenditures
($156.0M)
($168.0M)
($243.0M)
($224.0M)
Acquisition of businesses, net of cash acquired
$0
($4.0M)
($136.0M)
$0
Business, net of cash disposed
$0
—
—
—
Property and equipment
$14.0M
—
—
$1.0M
Other, net
($3.0M)
($4.0M)
($6.0M)
($8.0M)
Net cash for investing activities
($144.0M)
($50.0M)
($383.0M)
($230.0M)
Effect of exchange rate changes on cash and cash investments
$25.0M
($9.0M)
$6.0M
($18.0M)
Increase (decrease) for the year
$14.0M
($1.0M)
$182.0M
($474.0M)
At January 1
$634.0M
$634.0M
$452.0M
$926.0M
At December 31
$647.0M
$634.0M
$634.0M
$452.0M
Masco Corp cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Cash provided by operations
$705.0M
$289.0M
$896.0M
$606.0M
Increase in receivables
($327.0M)
($308.0M)
($136.0M)
($271.0M)
Increase in inventories
($22.0M)
($29.0M)
($106.0M)
($133.0M)
Increase (decrease) in accounts payable and accrued liabilities, net
$61.0M
($31.0M)
($50.0M)
($55.0M)
Net cash from operating activities
$417.0M
($79.0M)
$604.0M
$148.0M
Purchase of common stock
($592.0M)
($202.0M)
($354.0M)
($231.0M)
Excise tax paid on the purchase of common stock
($5.0M)
—
($6.0M)
($6.0M)
Cash dividends paid
($129.0M)
($65.0M)
($197.0M)
($132.0M)
Dividends paid to noncontrolling interest
($13.0M)
—
($30.0M)
($15.0M)
Proceeds from revolving credit borrowings, net
$0
$127.0M
—
$46.0M
Proceeds from term loan
$300.0M
—
—
—
Proceeds from the exercise of stock options
$23.0M
$18.0M
$6.0M
$2.0M
Employee withholding taxes paid on stock-based compensation
($14.0M)
($12.0M)
($10.0M)
($8.0M)
Payment of debt
($1.0M)
—
($1.0M)
($1.0M)
Debt financing costs
($3.0M)
($2.0M)
—
—
Net cash for financing activities
($433.0M)
($137.0M)
($592.0M)
($344.0M)
Capital expenditures
($77.0M)
($34.0M)
($109.0M)
($68.0M)
Other, net
($1.0M)
($2.0M)
($2.0M)
($1.0M)
Net cash for investing activities
($78.0M)
($36.0M)
($111.0M)
($70.0M)
Effect of exchange rate changes on cash and cash investments