Masco Corporation (MAS) Key Metrics

NYSE: MASValuation, returns, debt and efficiency ratios over 10 years.

MAS valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$14.37B
Enterprise value
$16.39B
P/E (TTM)
16.8
10-yr median 20.4
Forward P/E
14.7
PEG ratio
1.56
Price / sales
1.9
10-yr median 1.9
Price / book
160.2
10-yr median 130.3
EV / EBITDA
12.3
10-yr median 11.9
Dividend yield
1.76%
$1.28 a year
Beta
1.29

MAS key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

MAS valuation Price multiples at each fiscal year-end price.

P/E ratio−14.9%
16.5
2025 · hover or tap a bar for each year
2016: 21.4 (−21.2%)2017: 26.5 (+23.5%)2018: 12.3 (−53.3%)2019: 21.9 (+77.4%)2020: 23.7 (+8.0%)2021: 43.4 (+83.5%)2022: 12.9 (−70.4%)2023: 16.7 (+29.6%)2024: 19.3 (+16.0%)2025: 16.5 (−14.9%)
20162025
Price / sales−13.2%
1.8
2025 · hover or tap a bar for each year
2016: 1.4 (+5.0%)2017: 1.8 (+28.9%)2018: 1.3 (−26.2%)2019: 2.1 (+52.8%)2020: 2.0 (−2.1%)2021: 2.1 (+4.3%)2022: 1.2 (−40.7%)2023: 1.9 (+51.5%)2024: 2.0 (+7.4%)2025: 1.8 (−13.2%)
20162025
Price / book
177.7
2025 · hover or tap a bar for each year
2017: 102.02018: 130.1 (+27.6%)2020: 34.42021: 226.0 (+556.0%)2023: 130.52025: 177.7
20162025
EV / EBITDA−12.3%
11.5
2025 · hover or tap a bar for each year
2016: 10.2 (−5.4%)2017: 12.2 (+19.3%)2018: 9.3 (−23.5%)2019: 13.1 (+39.8%)2020: 11.5 (−12.3%)2021: 20.9 (+82.3%)2022: 9.6 (−54.3%)2023: 19.6 (+104.6%)2024: 13.1 (−33.0%)2025: 11.5 (−12.3%)
20162025
Price / free cash flow−12.2%
15.4
2025 · hover or tap a bar for each year
2016: 19.1 (+7.1%)2017: 24.2 (+26.5%)2018: 11.0 (−54.3%)2019: 20.6 (+86.6%)2020: 17.3 (−16.1%)2021: 22.0 (+27.1%)2022: 17.6 (−20.0%)2023: 12.9 (−26.4%)2024: 17.5 (+35.4%)2025: 15.4 (−12.2%)
20162025
Free cash flow yield+0.8 pts
6.5%
2025 · hover or tap a bar for each year
2016: 5.2% (−0.4 pts)2017: 4.1% (−1.1 pts)2018: 9.1% (+4.9 pts)2019: 4.9% (−4.2 pts)2020: 5.8% (+0.9 pts)2021: 4.6% (−1.2 pts)2022: 5.7% (+1.1 pts)2023: 7.7% (+2.0 pts)2024: 5.7% (−2.0 pts)2025: 6.5% (+0.8 pts)
20162025

MAS valuation history

Fiscal year-endToday10-year median

MAS returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

MAS debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

MAS cash returned to shareholders

DividendsBuybacksFree cash flow

MAS price vs earnings per share

Share price at year-endEPS (right axis)

MAS key metrics

2016–2025
Masco Corporation key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$13.33B$15.89B$15.14B$10.83B$17.63B$14.50B$13.82B$8.98B$13.97B$10.43B
Enterprise value$15.89B$18.47B$17.75B$13.82B$19.87B$16.16B$16.10B$11.40B$15.76B$12.24B
P/E ratio16.519.316.712.943.423.721.912.326.521.4
Price / sales1.82.01.91.22.12.02.11.31.81.4
Price / book177.7—130.5—226.034.4—130.1102.0—
Price / free cash flow15.417.512.917.622.017.320.611.024.219.1
Price / operating cash flow13.014.810.712.919.015.216.68.718.614.4
EV / sales2.12.42.21.62.42.22.41.72.11.7
EV / EBITDA11.513.119.69.620.911.513.19.312.210.2
EV / free cash flow18.420.415.222.424.819.324.014.027.322.4
Earnings yield6.1%5.2%6.0%7.8%2.3%4.2%4.6%8.1%3.8%4.7%
Free cash flow yield6.5%5.7%7.7%5.7%4.6%5.8%4.9%9.1%4.1%5.2%
Dividend yield2.0%1.6%1.7%2.4%1.2%1.0%1.0%1.5%0.9%1.2%
Shareholder yield (dividends + buybacks)6.2%6.3%4.0%10.8%7.0%6.0%7.5%8.8%3.3%5.6%
Share price at fiscal year-end$63.46$72.57$66.98$46.67$70.22$54.93$47.99$29.24$43.94$31.62
Per share
Revenue per share$36.01$35.74$35.43$37.41$33.37$27.23$23.29$21.67$24.04$22.29
Earnings per share$3.86$3.75$4.02$3.63$1.62$2.32$2.19$2.37$1.66$1.48
Operating cash flow per share$4.87$4.91$6.25$3.62$3.71$3.61$2.89$3.36$2.36$2.20
Free cash flow per share$4.12$4.14$5.18$2.66$3.20$3.18$2.33$2.65$1.82$1.65
Cash per share$3.08$2.89$2.81$1.95$3.69$5.02$2.42$1.82$4.09$3.61
Book value per share$0.36−$0.24$0.51−$1.04$0.31$1.59−$0.19$0.22$0.43−$0.31
Tangible book value per share−$3.59−$3.97−$3.82−$4.87−$3.50−$1.89−$2.86−$4.02−$2.80−$3.30
Dividends per share$1.24$1.16$1.14$1.11$0.84$0.55$0.50$0.44$0.41$0.39
Capex per share$0.74$0.77$1.08$0.97$0.51$0.43$0.56$0.71$0.54$0.55
Debt per share$15.31$14.68$14.38$14.85$12.63$11.30$10.32$9.70$9.70$9.08
Shares outstanding210.0M219.0M226.0M232.0M251.0M264.0M288.0M307.0M318.0M330.0M
Change in shares outstanding−4.1%−3.1%−2.6%−7.6%−4.9%−8.3%−6.2%−3.5%−3.6%−3.2%
Returns & profitability
Return on equity (ROE)————162.7%335.9%—705.8%——
Return on invested capital (ROIC)37.2%39.3%23.0%39.6%45.8%45.9%34.9%37.0%43.4%41.0%
Return on assets (ROA)15.9%15.8%17.2%15.6%7.2%11.3%12.1%13.4%9.9%9.0%
Return on tangible assets18.5%19.6%20.7%19.6%8.8%12.6%14.8%17.8%11.8%11.7%
Free cash flow margin11.5%11.6%14.6%7.1%9.6%11.7%10.0%12.2%7.6%7.4%
Income quality (OCF / net income)1.261.311.561.002.291.551.321.421.421.49
Financial health
Total debt$3.21B$3.21B$3.25B$3.44B$3.17B$2.98B$2.97B$2.98B$3.08B$3.00B
Cash & short-term investments$647.0M$634.0M$634.0M$452.0M$926.0M$1.33B$697.0M$559.0M$1.30B$1.19B
Net debt$2.57B$2.58B$2.62B$2.99B$2.24B$1.66B$2.28B$2.42B$1.78B$1.81B
Debt / equity42.87—28.03—40.637.09—43.1722.52—
Debt / assets0.620.640.610.660.570.520.590.550.560.58
Net debt / EBITDA1.861.832.882.072.361.181.851.991.381.51
Current ratio1.811.751.681.561.761.801.751.641.972.01
Quick ratio1.141.151.080.911.141.351.261.081.491.52
Interest coverage12.613.98.412.25.29.06.96.94.34.8
Working capital$1.27B$1.17B$1.16B$1.06B$1.48B$1.55B$1.16B$1.08B$1.59B$1.47B
Invested capital$2.64B$2.53B$2.73B$2.75B$2.32B$2.08B$2.22B$2.49B$1.92B$1.70B
Tangible asset value−$753.0M−$870.0M−$864.0M−$1.13B−$878.0M−$499.0M−$824.0M−$1.24B−$891.0M−$1.09B
Net current asset value−$2.29B−$2.34B−$2.39B−$2.48B−$2.08B−$1.87B−$2.37B−$2.56B−$2.14B−$2.31B
Graham number$5.57—$6.81—$3.36$9.13—$3.46$4.01—
Graham net-net per share−$15.17−$14.57−$14.53−$15.07−$12.29−$10.37−$11.32−$11.56−$8.97−$9.11
Capital allocation
Dividends paid$261.0M$254.0M$257.0M$258.0M$211.0M$145.0M$144.0M$134.0M$129.0M$128.0M
Share buybacks (net)$571.0M$751.0M$353.0M$914.0M$1.03B$727.0M$896.0M$654.0M$331.0M$459.0M
Dividend payout ratio32.2%30.9%28.3%30.6%52.0%23.7%22.8%18.4%24.4%26.3%
Dividends + buybacks / free cash flow96.1%110.8%52.1%190.3%154.2%103.9%155.0%96.9%79.6%107.5%
Capex / revenue2.1%2.1%3.0%2.6%1.5%1.6%2.4%3.3%2.3%2.4%
Capex / operating cash flow15.3%15.6%17.2%26.7%13.8%12.0%19.4%21.2%23.0%24.8%
Capex / depreciation1.051.121.631.540.850.861.021.401.361.34
Stock-based compensation / revenue0.4%0.5%0.4%0.6%0.7%0.6%0.5%0.4%0.5%0.4%
SG&A / revenue18.9%18.8%17.9%16.2%22.0%18.5%19.3%19.0%15.9%19.1%
Efficiency
Days sales outstanding49.849.551.048.850.354.254.156.447.343.9
Days of inventory on hand74.371.778.075.069.364.671.473.154.451.8
Days payables outstanding59.959.659.358.864.263.060.165.558.657.4
Cash conversion cycle (days)64.261.669.765.055.455.865.364.043.238.4
Receivables turnover7.337.377.157.487.256.736.756.477.718.31
Payables turnover6.106.136.156.215.695.796.075.576.236.36
Inventory turnover4.915.094.684.875.275.655.124.996.707.05
Asset turnover1.481.511.521.611.481.331.291.221.441.36
Average receivables$1.03B$1.06B$1.12B$1.16B$1.15B$1.07B$993.5M$1.03B$991.5M$885.0M
Average payables$799.5M$814.5M$858.5M$961.0M$969.0M$795.0M$716.5M$780.0M$812.0M$774.5M
Average inventory$992.0M$980.0M$1.13B$1.23B$1.05B$815.0M$850.0M$871.0M$754.0M$699.5M
Intangibles / total assets15.9%16.3%18.3%17.1%17.1%15.9%15.3%24.2%18.7%19.2%

Computed from MAS's annual financial statements (latest annual report filed February 10, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

MAS valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), Masco traded at 16.5 times earnings, against a 10-year median of 20.4. Based on the latest twelve months, the trailing P/E is 16.8 and the forward P/E is 14.7. Masco earned a return on invested capital of 37.2% in fiscal 2025. It ended the year with $3.2 billion of debt and $647.0 million in cash and short-term investments, net debt of $2.6 billion. It returned $832.0 million to shareholders: $261.0 million in dividends and $571.0 million in share buybacks, 96% of free cash flow. The share count fell 36.4% from 330.0M to 210.0M over 9 years.

See the MAS income statement, the MAS chart for price history, or the MAS stock overview for the latest quote and news.

MAS key metrics FAQ

What is Masco's P/E ratio?

Masco's trailing P/E ratio is 16.8 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 14.7. At the end of fiscal 2025 it was 16.5, compared with a 10-year median of 20.4.

What is Masco's EV/EBITDA?

Masco's enterprise value was 11.5 times EBITDA at the end of fiscal 2025 (enterprise value $15.9 billion, EBITDA $1.4 billion); the current EV/EBITDA is 12.3.

What is Masco's ROIC?

Masco's return on invested capital was 37.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Masco have?

Masco had total debt of $3.2 billion at the end of fiscal 2025, a debt-to-equity ratio of 42.87 and $2.6 billion of net debt (1.86 times EBITDA).

What is Masco's dividend yield?

Masco's forward dividend yield is 1.76%. Masco paid $261.0 million in dividends in fiscal 2025 ($1.24 per share), a payout ratio of 32.2%.

Does Masco buy back its shares?

Yes. Masco spent $571.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −4.1% over the year, to 210.0M..

What is Masco's free cash flow yield?

Masco generated $866.0 million of free cash flow in fiscal 2025, a free cash flow yield of 6.5% on its market value at year-end ($13.3 billion).

What is Masco's current ratio?

Masco's current ratio was 1.81 at the end of fiscal 2025: current assets were 1.81 times current liabilities.

Building Products & Equipment key metrics