Masco Earnings Reports

Masco's Q1 2025 performance reflected challenges from new tariffs and shifting economic conditions, with a 6% drop in revenue and a 10% decrease in net income, though adjusted margins remained strong.

Masco Corporation reported a 3% decline in net sales for Q4 2024, amounting to $1,828 million. However, adjusted earnings per share increased by 7% to $0.89, and adjusted operating profit margin expanded by 140 basis points to 15.9%. The company returned $331 million to shareholders through dividends and share repurchases.

Masco Corporation reported third quarter 2024 results with net sales of $1,983 million, in line with the prior year. Adjusted operating profit increased by 3% to $360 million, and adjusted earnings per share grew by 8% to $1.08. The company repurchased 2.5 million shares for $192 million and expects 2024 adjusted earnings per share in the range of $4.05 to $4.15.

Masco Corporation reported a 2% decrease in net sales to $2,091 million for Q2 2024. However, the company achieved a strong adjusted operating profit margin of 19.1% and a 1% increase in adjusted earnings per share to $1.20. The company also repurchased 2.0 million shares for $143 million.

Masco Corporation reported a 3% decrease in net sales to $1,926 million for Q1 2024. However, the company saw a 1% increase in operating profit to $318 million, with adjusted operating profit rising by 3% to $322 million. EPS increased to $0.97, and adjusted EPS grew by 8% to $0.93. The company repurchased 2.1 million shares for $148 million and maintains its full-year EPS guidance of $4.00 - $4.25.

Masco Corporation reported a 2% decrease in net sales to $1,882 million for the fourth quarter of 2023. However, the company saw a 34% increase in operating profit to $247 million and earnings per share increased to $0.85. Adjusted earnings per share grew 28% to $0.83.

Masco Corporation reported a decrease in net sales by 10% to $1,979 million. Despite the sales decrease, the company's operating profit increased by 9% to $383 million, and adjusted earnings per share grew by 1% to $1.00. The company returned $109 million to shareholders through share repurchases and dividends and raised its expected 2023 earnings per share to $3.65 - $3.75.

Masco Corporation reported a decrease in net sales by 10% to $2,127 million, but managed to expand its adjusted operating profit margin by 140 basis points to 19.0%. The company's earnings per share increased by 3% to $1.19 on an adjusted basis. Masco also announced an agreement to acquire Sauna360 Group Oy and raised its expected 2023 adjusted earnings per share to $3.50 - $3.65.

Masco Corporation reported a 10% decrease in net sales to $1,979 million for Q1 2023. Despite the sales decrease, the company improved adjusted gross margin by 150 basis points. Earnings per share was $0.90, and adjusted earnings per share was $0.87. The company repurchased 1.1 million shares for $56 million and reaffirmed its full-year earnings per share guidance.

Masco Corporation reported a 5% decrease in net sales to $1,923 million for the fourth quarter of 2022. Earnings per share were $0.51, with adjusted earnings per share at $0.65. The company anticipates a challenging near-term demand environment in 2023 but remains confident in the long-term fundamentals of its markets.

Masco Corporation reported flat sales of $2,204 million for Q3 2022 compared to Q3 2021, with a 3 percent increase in local currency. EPS increased to $0.97, while adjusted EPS decreased to $0.98. The company authorized a new $2.0 billion share repurchase program and anticipates lower market demand in Q4, leading to a revised full-year adjusted EPS guidance of $3.70 - $3.80.

Masco Corporation reported an 8% increase in sales, reaching $2,352 million. The company's earnings per share was $1.18, with adjusted earnings per share matching the prior year at $1.14. Masco executed its capital deployment strategy by repurchasing 10.4 million shares for $550 million.

Masco Corporation reported a 12% increase in net sales to $2,201 million and a 7% increase in adjusted earnings per share to $0.95. The company anticipates 2022 adjusted earnings per share to be in the range of $4.15 to $4.35.

Masco Corporation reported a 9% increase in sales for the fourth quarter, reaching $2,022 million. The company's adjusted earnings per share from continuing operations was $0.67. Masco expects earnings per share to be in the range of $4.06 - $4.26 per share for 2022, and on an adjusted basis, to be in the range of $4.10 - $4.30 per share.

Masco Corporation reported an 11 percent increase in sales to $2,204 million. The company's operating profit was $385 million, and adjusted earnings per share were $0.99. Masco returned $186 million to shareholders through dividends and share repurchases.

Masco Corporation reported a strong second quarter in 2021, marked by a 24% increase in sales to $2,179 million. The company experienced a 29% rise in operating profit, reaching $437 million, and an adjusted EPS of $1.14, a 34% increase. Masco also repurchased 6.6 million shares for $447 million and raised its 2021 earnings per share guidance.

Masco Corporation reported a 25% increase in sales to $1,970 million and a 62% increase in operating profit to $365 million. Adjusted earnings per share increased by 89% to $0.89. The company also repurchased 5.5 million shares for $303 million and anticipates 2021 adjusted earnings per share in the range of $3.50 - $3.70.

Masco Corporation reported a 13% increase in sales for the fourth quarter, reaching $1,860 million. Operating profit increased by 20% to $307 million, and earnings per share from continuing operations rose by 30% to $0.73. The company anticipates continued strong demand and expects 2021 adjusted earnings per share to be in the range of $3.25 to $3.45.