Masco Corporation (MAS) Income Statement
MAS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsMAS revenue and net income
Where MAS's revenue goes
2025Each bar shows an amount and its share of revenue. MAS kept 10.7% of revenue as net income.
MAS profit margins
MAS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −3.4% | −4.5% | +1.0% | +0.6% |
| Gross profit | −5.3% | −0.3% | +0.8% | +1.8% |
| Operating income | −7.3% | −1.3% | −0.4% | +3.4% |
| Net income | −1.5% | −1.3% | +5.7% | +8.6% |
| EPS (diluted) | −3.4% | +2.1% | +5.1% | +12.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MAS quarterly EPS vs estimates
Masco beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: October 28, 2026 (estimate $1.01).
MAS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.56B | $7.83B | $8.01B | $8.68B | $8.38B | $7.19B | $6.71B | $6.65B | $7.64B | $7.36B |
| Cost of revenue | $4.88B | $4.99B | $5.28B | $5.97B | $5.51B | $4.60B | $4.35B | $4.35B | $5.05B | $4.93B |
| Gross profit | $2.69B | $2.84B | $2.73B | $2.71B | $2.86B | $2.58B | $2.36B | $2.31B | $2.59B | $2.43B |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $1.43B | $1.47B | $1.44B | $1.41B | $1.84B | $1.33B | $1.29B | $1.26B | $1.22B | $1.41B |
| Total operating expenses | $1.42B | $1.47B | $6.71B | $1.39B | $1.41B | $1.29B | $1.26B | $1.23B | $1.39B | $1.33B |
| Operating income | $1.27B | $1.37B | $908.0M | $1.32B | $1.45B | $1.29B | $1.10B | $1.08B | $1.20B | $1.10B |
| Interest income | $101.0M | $99.0M | $9.0M | $115.0M | $82.0M | $138.0M | $153.0M | $155.0M | $271.0M | $218.0M |
| Interest expense | $101.0M | $99.0M | $108.0M | $108.0M | $278.0M | $144.0M | $159.0M | $156.0M | $278.0M | $229.0M |
| Income before taxes | $1.14B | $1.16B | $908.0M | $1.19B | $688.0M | $1.13B | $914.0M | $907.0M | $884.0M | $832.0M |
| Income taxes | $277.0M | $287.0M | $278.0M | $288.0M | $210.0M | $269.0M | $230.0M | $221.0M | $304.0M | $296.0M |
| Net income | $810.0M | $822.0M | $908.0M | $842.0M | $406.0M | $613.0M | $631.0M | $727.0M | $528.0M | $487.0M |
| EBITDA | $1.38B | $1.41B | $908.0M | $1.45B | $951.0M | $1.41B | $1.23B | $1.22B | $1.29B | $1.20B |
| EPS (diluted) | $3.96 | $4.10 | $3.89 | $3.72 | $3.69 | $3.09 | $2.54 | $2.49 | $1.95 | $1.52 |
| Gross margin | 35.5% | 36.3% | 34.1% | 31.3% | 34.2% | 36.0% | 35.2% | 34.7% | 33.8% | 33.1% |
| Operating margin | 16.8% | 17.5% | 11.3% | 15.2% | 17.3% | 18.0% | 16.4% | 16.2% | 15.7% | 15.0% |
| Net margin | 10.7% | 10.5% | 11.3% | 9.7% | 4.8% | 8.5% | 9.4% | 10.9% | 6.9% | 6.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.99B | $1.92B | $1.79B | $1.92B | $2.05B | $1.80B | $1.83B | $1.98B | $2.09B | $1.93B | $1.88B | $1.98B |
| Cost of revenue | $1.12B | $1.23B | $1.19B | $1.26B | $1.28B | $1.16B | $1.19B | $1.26B | $1.31B | $1.24B | $1.22B | $1.24B |
| Gross profit | $868.0M | $686.0M | $604.0M | $656.0M | $773.0M | $644.0M | $637.0M | $725.0M | $785.0M | $685.0M | $661.0M | $744.0M |
| Sales, general & admin | $397.0M | $369.0M | $354.0M | $353.0M | $361.0M | $358.0M | $388.0M | $368.0M | $388.0M | $367.0M | $391.0M | $367.0M |
| Total operating expenses | $398.0M | $370.0M | $346.0M | $353.0M | $361.0M | $358.0M | $345.0M | $368.0M | $388.0M | $367.0M | $388.0M | $361.0M |
| Operating income | $470.0M | $316.0M | $258.0M | $303.0M | $412.0M | $286.0M | $292.0M | $357.0M | $397.0M | $318.0M | $273.0M | $383.0M |
| Interest income | — | — | $24.0M | $25.0M | $26.0M | $26.0M | $24.0M | $25.0M | — | — | $4.0M | $31.0M |
| Interest expense | $28.0M | $26.0M | $24.0M | $25.0M | $26.0M | $26.0M | $24.0M | $25.0M | $26.0M | $25.0M | $24.0M | $26.0M |
| Income before taxes | $440.0M | $291.0M | $227.0M | $276.0M | $378.0M | $254.0M | $258.0M | $248.0M | $366.0M | $289.0M | $233.0M | $346.0M |
| Income taxes | $107.0M | $63.0M | $51.0M | $76.0M | $95.0M | $56.0M | $65.0M | $68.0M | $94.0M | $60.0M | $32.0M | $86.0M |
| Net income | $318.0M | $213.0M | $165.0M | $189.0M | $270.0M | $186.0M | $182.0M | $167.0M | $258.0M | $215.0M | $191.0M | $249.0M |
| EBITDA | $509.0M | $355.0M | $290.0M | $339.0M | $441.0M | $314.0M | $320.0M | $310.0M | $430.0M | $351.0M | $300.0M | $409.0M |
| EPS (diluted) | $1.64 | $1.04 | $0.82 | $0.97 | $1.30 | $0.87 | $0.89 | $1.08 | $1.20 | $0.93 | $0.83 | $1.00 |
| Gross margin | 43.6% | 35.8% | 33.7% | 34.2% | 37.7% | 35.8% | 34.8% | 36.6% | 37.5% | 35.6% | 35.1% | 37.6% |
| Operating margin | 23.6% | 16.5% | 14.4% | 15.8% | 20.1% | 15.9% | 16.0% | 18.0% | 19.0% | 16.5% | 14.5% | 19.4% |
| Net margin | 16.0% | 11.1% | 9.2% | 9.9% | 13.2% | 10.3% | 10.0% | 8.4% | 12.3% | 11.2% | 10.1% | 12.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MAS's financial statements (latest annual report filed February 10, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MAS financial results
In fiscal year 2025 (ended December 31, 2025), Masco reported revenue of $7.6 billion, down 3.4% from the year before. It had net income of $810.0 million (down 1.5%), a net profit margin of 10.7%. Diluted earnings per share came to $3.96. Over five years revenue grew at an average rate of 1.0% a year.
See the MAS stock overview for the latest quote and news, or the MAS chart for price history and technical indicators.
MAS income statement FAQ
What is Masco's annual revenue?
Masco reported total revenue of $7.6 billion for fiscal year 2025, which ended on December 31, 2025. That was down 3.4% from $7.8 billion the previous year.
Is Masco profitable?
Yes. Masco reported net income of $810.0 million in fiscal 2025, a net profit margin of 10.7%; its operating margin was 16.8%.
What is Masco's gross margin?
Masco's gross margin was 35.5% in fiscal 2025: for every $100 of revenue, Masco kept $36 after the direct cost of its products and services.
How fast is Masco growing?
Revenue grew 1.0% a year on average over the last five fiscal years, from $7.2 billion to $7.6 billion.
What are Masco's earnings per share?
Masco earned $3.96 per diluted share in fiscal 2025, compared with $4.10 a year earlier.
When will Masco report its next earnings?
Masco is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 before the market opens.
When does Masco's fiscal year end?
Masco's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 10, 2026.