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 Oct 31, 2026, 11:18 UTC 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
Sep '26	$2.0B	$230M	36.6%	17.2%	-51.3%	4.3%	$332M	$3.2B	$610M
Jun '26	$2.0B	$318M	43.6%	23.6%	-87.1%	5.9%	$453M	$3.2B	$548M
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

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 11.4× (Mar '23) to 19.6× (Nov '26).
The price-to-sales ratio has risen from 1.1× (Mar '23) to 2.1× (Nov '26).
The dividend yield has fallen from 2.7% (Mar '23) to 1.6% (Nov '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?

Masco's P/E (TTM) is 17.11 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the MAS stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 19.6× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.