MAS MASCO CORP /DE/

Overview and Growth

Fiscal 2025 results for MASCO CORP /DE/ combined $7.56B of revenue with net income of $810.00M and an operating cash inflow of $1.02B. At $7.56B, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line contracted 3.4% from $7.83B in fiscal 2024; this top-line contraction left the company with a smaller revenue base. Diluted earnings per share were $3.86, translating the period’s attributable earnings into the amount reported for each diluted share. The per-share result recorded a 2.7% increase from fiscal 2024 diluted EPS of $3.76.

Profitability

The first profit layer was $2.68B of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross profit represented 35.4% of revenue, showing how much of the top line remained after direct costs. The reported operating result was $1.25B, capturing profitability after direct costs and the operating expenses reflected in the statements. The operating result equaled 16.5% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. The bottom-line result was net income of $810.00M, after the operating, financing, tax, and other items recognized for the period. Net margin was 10.7%, meaning that this portion of revenue remained as net income after all recognized expenses. The earnings statement records $1.14B of pretax income, the profit base against which the reported tax provision can be assessed. Pretax income represented 15.0% of revenue, placing earnings before tax in the context of the company’s operating scale. The company recognized $277.00M of income tax for the period, completing the transition from pretax income to net income. The income-tax provision equaled 24.4% of pretax income, showing the tax burden absorbed by the year’s earnings.

Liquidity and Capital Structure

The company held $5.20B of assets against $5.12B of liabilities and $76.00M of equity, revealing how the asset base was financed. Current assets were $2.84B against $1.57B of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. Current assets covered current liabilities by 1.81x, leaving a positive buffer for near-term obligations. Cash and equivalents totaled $647.00M, identifying the most liquid reported component available within the broader current-asset balance. Measured only with cash and equivalents, coverage of current liabilities was 41.1%, excluding receivables and other current assets. Total debt was $2.94B, establishing the amount of borrowing carried within the company’s capital structure. Against book equity, debt measured 38.75x, placing the company’s financial leverage in clear balance-sheet terms. Debt represented 56.6% of total assets, placing borrowing in the context of the company’s full resource base. Relative to total assets, liabilities measured 98.5%, complementing the separate equity-based view of the company’s capital structure. Cash and equivalents equaled 12.4% of total assets, showing the liquid cash component within the company’s broader resource base.

Cash Flow and Earnings Quality

The company reported $1.02B of operating cash flow, a cash inflow that shows the cash generated by operations. Operating cash flow equaled 1.26x of net income, showing how strongly accounting earnings converted into cash from operations. The cash-flow statement records $156.00M of capital expenditures, the investment amount considered after operating cash generation. Capital expenditures represented 15.3% of operating cash flow, leaving the remainder available as free cash flow. The combination of operating cash flow and capital spending produced $866.00M of positive free cash flow for the period. Relative to revenue, free cash flow equaled 11.5%, showing how much sales converted into cash after investment. Measured against total assets, free cash flow represented 16.7%, showing the cash productivity of the company’s assets.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.