Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Masco.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.83B | $7.97B | $8.68B | $8.38B | $7.19B | $6.71B | $8.36B | $7.64B | $7.36B | $7.14B |
| Cost of Revenue | $5.00B | $5.13B | $5.97B | $5.51B | $4.60B | $4.34B | $5.67B | $5.03B | $4.90B | $4.89B |
| Gross Profit | $2.83B | $2.84B | $2.71B | $2.86B | $2.59B | $2.37B | $2.69B | $2.61B | $2.46B | $2.25B |
| Gross Profit Ratio | 36.17% | 35.60% | 31.26% | 34.20% | 35.99% | 35.35% | 32.17% | 34.16% | 33.38% | 31.55% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $1.48B | $1.39B | $1.41B | $1.29B | $1.27B | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $1.47B | $1.48B | $1.39B | $1.41B | $1.29B | $1.27B | $1.48B | $1.44B | $1.40B | $1.34B |
| Other Expenses | $- | $7.00M | $4.00M | $-439.00M | $-20.00M | $-15.00M | $-13.00M | $-6.00M | $6.00M | $3.00M |
| Operating Expenses | $1.47B | $1.49B | $1.39B | $1.41B | $1.29B | $1.27B | $1.48B | $1.44B | $1.40B | $1.34B |
| Cost and Expenses | $6.46B | $6.62B | $7.36B | $6.92B | $5.89B | $5.61B | $7.15B | $6.47B | $6.30B | $6.23B |
| Interest Income | $- | $9.00M | $2.00M | $1.00M | $3.00M | $3.00M | $5.00M | $3.00M | $4.00M | $3.00M |
| Interest Expense | $99.00M | $106.00M | $108.00M | $278.00M | $144.00M | $159.00M | $156.00M | $278.00M | $229.00M | $225.00M |
| Depreciation and Amortization | $150.00M | $149.00M | $145.00M | $151.00M | $135.00M | $171.00M | $177.00M | $152.00M | $159.00M | $133.00M |
| EBITDA | $1.41B | $1.49B | $1.49B | $1.19B | $1.41B | $1.24B | $1.24B | $1.31B | $1.22B | $1.04B |
| EBITDA Ratio | 18.01% | 18.74% | 15.29% | 12.07% | 17.74% | 16.13% | 14.33% | 15.21% | 14.39% | 12.80% |
| Operating Income | $1.36B | $1.35B | $1.30B | $860.00M | $1.29B | $1.09B | $1.21B | $1.17B | $1.05B | $914.00M |
| Operating Income Ratio | 17.41% | 16.92% | 14.94% | 10.27% | 18.02% | 16.22% | 14.49% | 15.29% | 14.31% | 12.80% |
| Total Other Income Expenses Net | $-202.00M | $-110.00M | $-104.00M | $-172.00M | $-164.00M | $-174.00M | $-170.00M | $-144.00M | $-221.00M | $-225.00M |
| Income Before Tax | $1.16B | $1.24B | $1.19B | $688.00M | $1.13B | $914.00M | $1.04B | $885.00M | $830.00M | $689.00M |
| Income Before Tax Ratio | 14.83% | 15.54% | 13.74% | 8.21% | 15.73% | 13.63% | 12.47% | 11.58% | 11.28% | 9.65% |
| Income Tax Expense | $287.00M | $278.00M | $288.00M | $210.00M | $269.00M | $230.00M | $258.00M | $305.00M | $296.00M | $293.00M |
| Net Income | $822.00M | $908.00M | $844.00M | $410.00M | $862.00M | $684.00M | $734.00M | $533.00M | $491.00M | $355.00M |
| Net Income Ratio | 10.50% | 11.40% | 9.72% | 4.90% | 11.99% | 10.20% | 8.78% | 6.97% | 6.67% | 4.97% |
| EPS | $0.00 | $4.04 | $3.65 | $1.63 | $3.27 | $2.38 | $2.50 | $1.72 | $1.54 | $1.03 |
| EPS Diluted | $0.00 | $4.02 | $3.63 | $1.62 | $3.27 | $2.38 | $2.39 | $1.66 | $1.47 | $1.02 |
| Weighted Average Shares Outstanding | 215.37M | 225.00M | 231.00M | 249.00M | 264.00M | 287.00M | 293.90M | 310.40M | 318.00M | 338.00M |
| Weighted Average Shares Outstanding Diluted | 216.50M | 226.00M | 232.00M | 251.00M | 264.00M | 288.00M | 307.00M | 318.00M | 330.00M | 341.00M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $634.00M | $634.00M | $452.00M | $926.00M | $1.33B | $697.00M | $559.00M | $1.19B | $990.00M | $1.47B |
| Short Term Investments | $- | $- | $452.00M | $- | $- | $- | $- | $108.00M | $201.00M | $248.00M |
| Cash and Short Term Investments | $634.00M | $634.00M | $452.00M | $926.00M | $1.33B | $697.00M | $559.00M | $1.30B | $1.19B | $1.72B |
| Net Receivables | $1.03B | $1.09B | $1.15B | $1.17B | $1.14B | $999.00M | $992.00M | $1.02B | $917.00M | $853.00M |
| Inventory | $938.00M | $1.02B | $1.24B | $1.22B | $876.00M | $754.00M | $946.00M | $796.00M | $712.00M | $687.00M |
| Other Current Assets | $123.00M | $107.00M | $216.00M | $108.00M | $149.00M | $263.00M | $426.00M | $156.00M | $114.00M | $72.00M |
| Total Current Assets | $2.73B | $2.86B | $2.95B | $3.42B | $3.49B | $2.71B | $2.77B | $3.21B | $2.93B | $3.33B |
| Property Plant Equipment Net | $1.35B | $1.39B | $1.24B | $1.08B | $1.07B | $1.05B | $1.22B | $1.13B | $1.06B | $1.03B |
| Goodwill | $597.00M | $604.00M | $537.00M | $568.00M | $563.00M | $509.00M | $898.00M | $841.00M | $832.00M | $839.00M |
| Intangible Assets | $220.00M | $377.00M | $350.00M | $388.00M | $357.00M | $259.00M | $406.00M | $187.00M | $154.00M | $160.00M |
| Goodwill and Intangible Assets | $817.00M | $981.00M | $887.00M | $956.00M | $920.00M | $768.00M | $1.30B | $1.03B | $986.00M | $999.00M |
| Long Term Investments | $- | $- | $22.00M | $25.00M | $157.00M | $11.00M | $12.00M | $13.00M | $18.00M | $48.00M |
| Tax Assets | $- | $- | $60.00M | $57.00M | $109.00M | $99.00M | $42.00M | $48.00M | $68.00M | $184.00M |
| Other Non-Current Assets | $123.00M | $137.00M | $31.00M | $32.00M | $28.00M | $384.00M | $46.00M | $55.00M | $71.00M | $94.00M |
| Total Non-Current Assets | $2.29B | $2.51B | $2.24B | $2.15B | $2.29B | $2.32B | $2.63B | $2.27B | $2.20B | $2.35B |
| Other Assets | $-1.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $5.02B | $5.36B | $5.19B | $5.58B | $5.78B | $5.03B | $5.39B | $5.49B | $5.14B | $5.68B |
| Account Payables | $789.00M | $840.00M | $877.00M | $1.04B | $893.00M | $697.00M | $736.00M | $824.00M | $800.00M | $749.00M |
| Short Term Debt | $46.00M | $3.00M | $244.00M | $48.00M | $42.00M | $40.00M | $8.00M | $116.00M | $2.00M | $1.00B |
| Tax Payables | $28.00M | $32.00M | $64.00M | $32.00M | $32.00M | $18.00M | $25.00M | $27.00M | $19.00M | $25.00M |
| Deferred Revenue | $45.00M | $- | $61.00M | $67.00M | $62.00M | $40.00M | $41.00M | $32.00M | $- | $- |
| Other Current Liabilities | $652.00M | $820.00M | $643.00M | $747.00M | $905.00M | $753.00M | $915.00M | $668.00M | $639.00M | $625.00M |
| Total Current Liabilities | $1.56B | $1.70B | $1.89B | $1.94B | $1.93B | $1.55B | $1.68B | $1.63B | $1.46B | $2.51B |
| Long Term Debt | $3.17B | $3.20B | $3.20B | $3.12B | $2.94B | $2.93B | $2.97B | $2.97B | $3.00B | $2.40B |
| Deferred Revenue Non-Current | $- | $- | $-27.00M | $-20.00M | $-20.00M | $-22.00M | $-25.00M | $-169.00M | $-20.00M | $-17.00M |
| Deferred Tax Liabilities Non-Current | $- | $- | $27.00M | $20.00M | $20.00M | $22.00M | $25.00M | $169.00M | $20.00M | $17.00M |
| Other Non-Current Liabilities | $341.00M | $349.00M | $339.00M | $437.00M | $481.00M | $602.00M | $669.00M | $715.00M | $785.00M | $783.00M |
| Total Non-Current Liabilities | $3.51B | $3.55B | $3.54B | $3.58B | $3.42B | $3.54B | $3.64B | $3.68B | $3.78B | $3.12B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $5.07B | $5.25B | $5.43B | $5.52B | $5.36B | $5.08B | $5.32B | $5.31B | $5.24B | $5.62B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $- | $221.00M | $225.00M | $241.00M | $258.00M | $276.00M | $294.00M | $310.00M | $318.00M | $330.00M |
| Retained Earnings | $-693.00M | $-596.00M | $-947.00M | $-652.00M | $79.00M | $-332.00M | $-278.00M | $-305.00M | $-381.00M | $-300.00M |
| Accumulated Other Comprehensive Income Loss | $- | $249.00M | $226.00M | $232.00M | $-142.00M | $-179.00M | $-127.00M | $-65.00M | $-235.00M | $-165.00M |
| Other Total Stockholders Equity | $693.00M | $- | $16.00M | $- | $- | $- | $- | $- | $- | $- |
| Total Stockholders Equity | $-693.00M | $-126.00M | $-262.00M | $56.00M | $421.00M | $-56.00M | $69.00M | $176.00M | $-103.00M | $58.00M |
| Total Equity | $-693.00M | $116.00M | $-242.00M | $291.00M | $647.00M | $123.00M | $249.00M | $412.00M | $92.00M | $251.00M |
| Total Liabilities and Stockholders Equity | $5.02B | $5.36B | $5.19B | $5.58B | $5.78B | $5.03B | $5.39B | $5.49B | $5.14B | $5.68B |
| Minority Interest | $- | $242.00M | $20.00M | $235.00M | $226.00M | $179.00M | $180.00M | $236.00M | $195.00M | $193.00M |
| Total Liabilities and Total Equity | $5.02B | $5.36B | $5.19B | $5.58B | $5.78B | $5.03B | $5.39B | $5.49B | $5.14B | $5.68B |
| Total Investments | $- | $-88.00M | $474.00M | $25.00M | $157.00M | $11.00M | $12.00M | $121.00M | $219.00M | $296.00M |
| Total Debt | $3.21B | $3.21B | $3.41B | $3.13B | $2.94B | $2.77B | $2.98B | $3.08B | $3.00B | $3.42B |
| Net Debt | $2.58B | $2.57B | $2.95B | $2.21B | $1.62B | $2.08B | $2.42B | $1.89B | $2.01B | $1.96B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $874.00M | $960.00M | $1.12B | $1.15B | $851.00M | $839.00M | $981.00M | $901.00M | $814.00M | $704.00M |
| Depreciation and Amortization | $150.00M | $149.00M | $145.00M | $151.00M | $133.00M | $159.00M | $156.00M | $127.00M | $134.00M | $133.00M |
| Deferred Income Tax | $63.00M | $-3.00M | $2.00M | $-53.00M | $22.00M | $-18.00M | $46.00M | $43.00M | $130.00M | $212.00M |
| Stock Based Compensation | $39.00M | $31.00M | $49.00M | $61.00M | $45.00M | $35.00M | $27.00M | $38.00M | $29.00M | $41.00M |
| Change in Working Capital | $-130.00M | $241.00M | $-283.00M | $-224.00M | $102.00M | $-6.00M | $51.00M | $-150.00M | $-88.00M | $-5.00M |
| Accounts Receivables | $15.10M | $42.00M | $-15.00M | $-64.00M | $-141.00M | $-37.00M | $-46.00M | $-140.00M | $-132.00M | $-104.00M |
| Inventory | $4.00M | $233.00M | $-43.00M | $-350.00M | $-89.00M | $58.00M | $-11.00M | $-76.00M | $-39.00M | $17.00M |
| Accounts Payables | $- | $-34.00M | $-225.00M | $190.00M | $332.00M | $-27.00M | $108.00M | $67.00M | $79.00M | $82.00M |
| Other Working Capital | $-149.10M | $- | $17.00M | $-3.00M | $20.00M | $-3.00M | $62.00M | $-74.00M | $-49.00M | $-22.00M |
| Other Non Cash Items | $79.00M | $35.00M | $-196.00M | $-159.00M | $-200.00M | $-176.00M | $-229.00M | $-208.00M | $-293.00M | $-386.00M |
| Net Cash Provided by Operating Activities | $1.07B | $1.41B | $840.00M | $930.00M | $953.00M | $833.00M | $1.03B | $751.00M | $726.00M | $699.00M |
| Investments in Property Plant and Equipment | $- | $-243.00M | $-224.00M | $-128.00M | $-114.00M | $-162.00M | $-219.00M | $-173.00M | $-180.00M | $-158.00M |
| Acquisitions Net | $- | $-136.00M | $1.00M | $-52.00M | $643.00M | $722.00M | $-549.00M | $39.00M | $180.00M | $-41.00M |
| Purchases of Investments | $- | $- | $-1.00M | $128.00M | $114.00M | $162.00M | $219.00M | $-99.00M | $-211.00M | $-254.00M |
| Sales Maturities of Investments | $- | $2.00M | $1.00M | $171.00M | $3.00M | $1.00M | $113.00M | $112.00M | $283.00M | $289.00M |
| Other Investing Activities | $-4.00M | $-6.00M | $-7.00M | $-131.00M | $-115.00M | $-141.00M | $-215.00M | $96.00M | $-196.00M | $-25.00M |
| Net Cash Used for Investing Activities | $- | $-383.00M | $-230.00M | $-12.00M | $531.00M | $582.00M | $-651.00M | $-25.00M | $-124.00M | $-189.00M |
| Debt Repayment | $-3.00M | $-205.00M | $190.00M | $152.00M | $13.00M | $-209.00M | $-115.00M | $55.00M | $-452.00M | $197.00M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $1.00M | $2.00M |
| Common Stock Repurchased | $-751.00M | $-353.00M | $-914.00M | $-1.03B | $-727.00M | $-896.00M | $-654.00M | $-331.00M | $-459.00M | $-456.00M |
| Dividends Paid | $-254.00M | $-257.00M | $-258.00M | $-211.00M | $-145.00M | $-144.00M | $-134.00M | $-129.00M | $-128.00M | $-126.00M |
| Other Financing Activities | $-9.00M | $-39.00M | $-84.00M | $-213.00M | $-27.00M | $-42.00M | $-117.00M | $-172.00M | $-71.00M | $-27.00M |
| Net Cash Used Provided by Financing Activities | $-1.02B | $-854.00M | $-1.07B | $-1.30B | $-886.00M | $-1.29B | $-1.02B | $-577.00M | $-1.05B | $-410.00M |
| Effect of Forex Changes on Cash | $- | $6.00M | $-18.00M | $-20.00M | $31.00M | $14.00M | $4.00M | $55.00M | $-34.00M | $-15.00M |
| Net Change in Cash | $- | $182.00M | $-474.00M | $-400.00M | $629.00M | $138.00M | $-635.00M | $204.00M | $-478.00M | $85.00M |
| Cash at End of Period | $634.00M | $634.00M | $452.00M | $926.00M | $1.33B | $697.00M | $559.00M | $1.19B | $990.00M | $1.47B |
| Cash at Beginning of Period | $634.00M | $452.00M | $926.00M | $1.33B | $697.00M | $559.00M | $1.19B | $990.00M | $1.47B | $1.38B |
| Operating Cash Flow | $1.07B | $1.41B | $840.00M | $930.00M | $953.00M | $833.00M | $1.03B | $751.00M | $726.00M | $699.00M |
| Capital Expenditure | $-168.00M | $-243.00M | $-224.00M | $-128.00M | $-114.00M | $-162.00M | $-219.00M | $-173.00M | $-180.00M | $-158.00M |
| Free Cash Flow | $907.00M | $1.17B | $616.00M | $802.00M | $839.00M | $671.00M | $813.00M | $578.00M | $546.00M | $541.00M |