MAS Financials Masco

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 46 d ago Overview →

Growth & profitability

Revenue has grown 1.0% per year over the past 5 years.
Net income has grown slower than revenue (-7.9% vs 1.0% per year).
Operating margin has contracted, at 16.5% in the latest year.
Free cash flow has grown 0.6% per year over the past 5 years.

Financial health

Total debt ($2.9B) exceeds cash ($647M); net debt is $2.3B.
Total debt has grown in line with revenue (1.1% vs 1.0% per year).
Operating income covered interest expense 12× in the latest year.
Total debt is 2.1× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 32.2% of earnings and 30.1% of free cash flow.
The dividend has grown 12.5% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$7.6B	$810M	35.4%	16.5%	-437.8%	15.6%	$866M	$2.9B	$647M
2024	$7.8B	$822M	36.2%	17.4%	-294.6%	16.4%	$907M	$2.9B	$634M
2023	$8.0B	$908M	35.6%	16.9%	-720.6%	16.9%	$1.2B	$2.9B	$634M
2022	$8.7B	$844M	31.3%	14.9%	-175.8%	16.3%	$616M	$3.2B	$452M
2021	$8.4B	$410M	34.2%	16.8%	-229.1%	7.4%	$802M	$3.0B	$926M
2020	$7.2B	$1.2B	36.0%	18.0%	627.7%	21.2%	$839M	$2.8B	$1.3B
2019	$6.7B	$935M	35.4%	16.2%	-397.9%	18.6%	$671M	$2.8B	$697M
2018	$6.7B	$734M	35.0%	16.2%	-661.3%	13.6%	$813M	$3.0B	$552M
2017	$6.0B	$533M	36.9%	17.1%	-1005.7%	9.6%	$578M	$3.1B	$1.2B
2016	$7.4B	$493M	33.4%	14.8%	-165.4%	9.5%	$609M	$3.0B	$990M
2015	—	$355M	—	—	-263.0%	6.3%	$652M	$3.4B	$1.5B
2014	—	$856M	—	—	92.6%	11.9%	$474M	$3.4B	$1.4B
2013	—	$288M	—	—	51.5%	4.2%	$519M	$3.4B	$1.2B
2012	—	-$114M	—	—	-35.4%	-1.7%	$162M	$3.6B	$1.0B
2011	—	-$575M	—	—	-109.1%	-7.9%	$88M	$4.0B	$1.4B

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Mar '26	$1.9B	$213M	35.8%	16.5%	-88.0%	4.1%	-$113M	$2.9B	$388M
Dec '25	$1.8B	$165M	33.8%	13.8%	-89.2%	3.2%	$371M	$2.9B	$647M
Sep '25	$1.9B	$189M	34.2%	15.8%	-242.3%	3.6%	$415M	$2.9B	$559M
Jun '25	$2.1B	$270M	37.6%	20.1%	-321.4%	5.1%	$270M	$2.9B	$390M
Mar '25	$1.8B	$186M	35.8%	15.9%	-73.2%	3.6%	-$190M	$2.9B	$377M
Dec '24	$1.8B	$182M	34.8%	15.9%	-65.2%	3.6%	$351M	$2.9B	$634M
Sep '24	$2.0B	$167M	36.6%	18.0%	-189.8%	3.2%	$378M	$2.9B	$646M
Jun '24	$2.1B	$258M	37.5%	19.0%	-992.3%	4.8%	$303M	$2.9B	$398M
Mar '24	$1.9B	$215M	35.6%	16.5%	-286.7%	4.0%	-$125M	$2.9B	$368M
Dec '23	$1.9B	$191M	34.8%	13.1%	-151.6%	3.6%	$423M	$2.9B	$634M
Sep '23	$2.0B	$249M	37.6%	19.4%	-444.6%	4.6%	$432M	$2.9B	$560M
Jun '23	$2.1B	$263M	36.2%	18.9%	-137.0%	5.0%	$343M	$2.9B	$380M
Mar '23	$2.0B	$205M	33.8%	15.9%	-54.1%	3.8%	-$28M	$2.9B	$510M
Dec '22	$1.9B	$115M	28.3%	9.6%	-24.0%	2.2%	$233M	$3.2B	$452M
Sep '22	$2.2B	$218M	31.5%	15.9%	-35.3%	4.0%	$279M	$2.9B	$464M
Jun '22	$2.4B	$278M	32.7%	17.3%	-37.5%	5.1%	$358M	$2.9B	$440M
Mar '22	$2.2B	$233M	32.0%	16.0%	-62.8%	4.2%	-$254M	$2.9B	$479M
Dec '21	$2.0B	$132M	30.6%	10.8%	-73.7%	2.4%	$289M	$3.0B	$926M
Sep '21	$2.2B	$220M	34.2%	17.5%	-174.6%	3.9%	$327M	$3.0B	$854M
Jun '21	$2.2B	-$36M	36.3%	20.1%	23.4%	-0.7%	$305M	$3.0B	$769M

Valuation over time

How the market has priced MAS against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 11.9× (Mar '23) to 17.8× (Sep '26).
The price-to-sales ratio has risen from 1.2× (Mar '23) to 1.9× (Sep '26).
The dividend yield has fallen from 2.6% (Mar '23) to 1.8% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is MAS growing its revenue and profit?

Over the past 5 years, Masco's revenue has grown 1.0% per year, and net income declined 7.9% per year. These are computed facts, not advice.

How much debt does MAS have?

As of FY2025, Masco reported $2.9B of total debt against $647M of cash; operating income covered interest expense 12×.

What is MAS's profit margin?

In FY2025, gross margin was 35.4%, operating margin 16.5%, and net margin 10.7%.

What is MAS's P/E ratio?

As of Sep '26, Masco traded at a price-to-earnings ratio of about 17.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.