Masco Corporation
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.56B | $7.83B | $7.97B | $8.68B | $8.38B | $7.19B | $6.71B | $6.65B |
| Cost of Revenue | $4.88B | $5.00B | $5.13B | $5.97B | $5.51B | $4.60B | $4.34B | $4.33B |
| Gross Profit | $2.68B | $2.83B | $2.84B | $2.71B | $2.86B | $2.59B | $2.37B | $2.33B |
| Gross Margin | 35.4% | 36.2% | 35.6% | 31.3% | 34.2% | 36.0% | 35.4% | 35.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.43B | $1.47B | $1.47B | $1.39B | $1.41B | $1.29B | $1.27B | $1.25B |
| Operating Income | $1.25B | $1.36B | $1.35B | $1.30B | $1.41B | $1.30B | $1.09B | $1.08B |
| Operating Margin | 16.5% | 17.4% | 16.9% | 14.9% | 16.8% | 18.0% | 16.2% | 16.2% |
| Interest Expense | — | — | $106.0M | $108.0M | $278.0M | $144.0M | $159.0M | $156.0M |
| Pretax Income | $1.14B | $1.16B | $1.24B | $1.19B | $688.0M | $1.13B | $914.0M | $907.0M |
| Income Tax Expense | $277.0M | $287.0M | $278.0M | $288.0M | $210.0M | $269.0M | $230.0M | $221.0M |
| Net Income | $810.0M | $822.0M | $908.0M | $844.0M | $410.0M | $1.22B | $935.0M | $734.0M |
| Net Margin | 10.7% | 10.5% | 11.4% | 9.7% | 4.9% | 17.0% | 13.9% | 11.0% |
| EPS (Basic) | $3.87 | $3.77 | $4.03 | $3.65 | $1.63 | $4.60 | $3.24 | $2.38 |
| EPS (Diluted) | $3.86 | $3.76 | $4.02 | $3.63 | $1.62 | $4.59 | $3.22 | $2.37 |
| Shares Outstanding (Basic) | 209.0M | 218.0M | 225.0M | 231.0M | 249.0M | 264.0M | 287.0M | 305.0M |
| Shares Outstanding (Diluted) | 210.0M | 219.0M | 226.0M | 232.0M | 251.0M | 264.0M | 288.0M | 307.0M |
| Dividends Per Share | $1.24 | $1.16 | $1.14 | $1.12 | $0.71 | $0.55 | $0.51 | $0.45 |