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Jun 30, 2022
Masco Q2 2022 Earnings Report
Masco's Q2 2022 earnings reflected sales growth and strategic capital deployment amidst a challenging environment.
Key Takeaways
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.
Sales increased 8 percent to $2,352 million.
Operating profit was $408 million and operating margin was 17.3 percent.
Earnings per share was $1.18; adjusted earnings per share matched prior year at $1.14.
Repurchased 10.4 million shares for $550 million.
Masco
Masco
Masco Revenue by Segment
Masco Revenue by Geographic Location
Forward Guidance
Masco anticipates 2022 adjusted earnings per share to be in the range of $4.15 to $4.25.
Revenue & Expenses
Visualization of income flow from segment revenue to net income