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Tables in the 10-Q of MASCO CORP /DE/
32 tables with numbers, filed Jul 31, 2025. Each one downloads as a CSV for Excel or
Google Sheets, with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed.
Open the filing on sec.gov ↗
| | Page |
| PART I. FINANCIAL INFORMATION | |
| Item 1. | Financial Statements (Unaudited): | 1 |
| Condensed Consolidated Balance Sheets as of June 30, 2025 and December 31, 2024 | 1 |
| Condensed Consolidated Statements of Operations for the Three and Six Months Ended June 30, 2025 and 2024 | 2 |
| Condensed Consolidated Statements of Comprehensive Income (Loss) for the Three and Six Months Ended June 30, 2025 and 2024 | 3 |
| Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2025 and 2024 | 4 |
| Condensed Consolidated Statements of Shareholders' Equity for the Three and Six Months Ended June 30, 2025 and 2024 | 5 |
First 8 of 18 rows. The CSV has all of them.
Table 2 after “(In Millions, Except Share Data)”
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| June 30, 2025 | December 31, 2024 | |
| ASSETS | | | |
| Current assets: | | | |
| Cash and cash investments | $390 | | $634 |
| Receivables | 1,318 | | 1,035 |
| Inventories | 1,097 | | 938 |
| Prepaid expenses and other | 119 | | 123 |
| Total current assets | 2,925 | | 2,730 |
First 8 of 36 rows. The CSV has all of them.
Table 3 after “(In Millions, Except Per Common Share Data)”
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| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| 2025 | 2024 | | 2025 | 2024 | |
| Net sales | $2,051 | | $2,091 | | $3,852 | $4,017 |
| Cost of sales | 1,278 | | 1,306 | | 2,435 | 2,547 |
| Gross profit | 772 | | 785 | | 1,416 | 1,470 |
| Selling, general and administrative expenses | 361 | | 388 | | 719 | 755 |
| Operating profit | 412 | | 397 | | 698 | 715 |
| Other income (expense), net: | | | | | | |
First 8 of 21 rows. The CSV has all of them.
| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| 2025 | 2024 | | 2025 | 2024 | |
| Net income | $283 | | $272 | | $482 | $501 |
| Less: Net income attributable to noncontrolling interest | 13 | | 14 | | 25 | 28 |
| Net income attributable to Masco Corporation | $270 | | $258 | | $456 | $473 |
| Other comprehensive income (loss), net of tax: | | | | | | |
| Currency translation adjustment | $77 | | $(10) | | $112 | $(34) |
| Pension and other post-retirement benefits | — | | — | | 1 | 1 |
First 8 of 14 rows. The CSV has all of them.
| Six Months Ended June 30, | | |
| 2025 | 2024 | |
| CASH FLOWS FROM (FOR) OPERATING ACTIVITIES: | | | |
| Cash provided by operations | $606 | | $648 |
| Increase in receivables | (271) | | (265) |
| Increase in inventories | (133) | | (43) |
| Decrease in accounts payable and accrued liabilities, net | (55) | | (87) |
| Net cash from operating activities | 148 | | 252 |
First 8 of 29 rows. The CSV has all of them.
Table 6 after “(In Millions, Except Per Common Share Data)”
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| Total | Common Shares($1 par value) | | Paid-In Capital | Retained (Deficit) Earnings | Accumulated Other Comprehensive Income (Loss) | | Noncontrolling Interest | | |
| Balance, January 1, 2024 | $98 | | $221 | | $— | | $(596) | | $249 | $224 |
| Total comprehensive income (loss) | 205 | | — | | — | | 215 | | (18) | 8 |
| Shares issued | 56 | | 2 | | 54 | | — | | — | — |
| Shares retired: | | | | | | | | | | |
| Repurchased | (148) | | (2) | | (77) | | (68) | | — | — |
| Surrendered (non-cash) | (14) | | — | | — | | (13) | | — | — |
| Cash dividends declared | (64) | | — | | — | | (64) | | — | — |
First 8 of 18 rows. The CSV has all of them.
Table 7 after “(In Millions, Except Per Common Share Data)”
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| Total | Common Shares($1 par value) | | Paid-In Capital | Retained (Deficit) Earnings | Accumulated Other Comprehensive Income | | Noncontrolling Interest | | |
| Balance, January 1, 2025 | $(53) | | $212 | | $— | | $(693) | | $201 | $227 |
| Total comprehensive income | 234 | | — | | — | | 186 | | 27 | 21 |
| Shares issued | 2 | | — | | 1 | | — | | — | — |
| Shares retired: | | | | | | | | | | |
| Repurchased | (131) | | (2) | | (18) | | (111) | | — | — |
| Surrendered (non-cash) | (8) | | — | | — | | (8) | | — | — |
| Cash dividends declared | (66) | | — | | — | | (66) | | — | — |
First 8 of 17 rows. The CSV has all of them.
Table 8 after “Our revenues are derived from sales to customers in the following geographic areas: North America and International, which are particularly ”
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| Three Months Ended June 30, 2025 | | | | |
| Plumbing Products | Decorative Architectural Products | | Total | |
| Primary geographic areas: | | | | | |
| North America | $899 | | $738 | | $1,638 |
| International | 413 | | — | | 413 |
| Total | $1,312 | | $738 | | $2,051 |
| Six Months Ended June 30, 2025 | | | | |
| Plumbing Products | Decorative Architectural Products | | Total | |
First 8 of 12 rows. The CSV has all of them.
Table 9 after “Our revenues are derived from sales to customers in the following geographic areas: North America and International, which are particularly ”
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| Three Months Ended June 30, 2024 | | | | |
| Plumbing Products | Decorative Architectural Products | | Total | |
| Primary geographic areas: | | | | | |
| North America | $857 | | $838 | | $1,695 |
| International | 397 | | — | | 397 |
| Total | $1,253 | | $838 | | $2,091 |
| Six Months Ended June 30, 2024 | | | | |
| Plumbing Products | Decorative Architectural Products | | Total | |
First 8 of 12 rows. The CSV has all of them.
Table 10 after “Changes in the allowance for credit losses deducted from accounts receivable were as follows, in millions:”
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| Six Months Ended June 30, 2025 | Twelve Months Ended December 31, 2024 | |
| Balance at January 1 | $10 | | $11 |
| Provision for expected credit losses during the period | 3 | | 4 |
| Write-offs charged against the allowance | (2) | | (6) |
| Recoveries of amounts previously written off | 1 | | 2 |
| Balance at end of period | $13 | | $10 |
Table 11 after “The components of inventory were as follows, in millions:”
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| At June 30, 2025 | At December 31, 2024 | |
| Finished goods | $639 | | $541 |
| Raw materials | 352 | | 300 |
| Work in process | 106 | | 97 |
| Total | $1,097 | | $938 |
Table 12 after “Goodwill at June 30, 2025, by segment, was as follows, in millions:”
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| Gross Goodwill At June 30, 2025 | Accumulated Impairment Losses | | Net Goodwill At June 30, 2025 | |
| Plumbing Products | $691 | | $(301) | | $391 |
| Decorative Architectural Products | 305 | | (75) | | 230 |
| Total | $997 | | $(376) | | $621 |
Table 13 after “The changes in the carrying amount of goodwill for the six months ended June 30, 2025, by segment, were as follows, in millions:”
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| Gross Goodwill At December 31, 2024 | Accumulated Impairment Losses | | Net Goodwill At December 31, 2024 | | Foreign Currency Translation | Net Goodwill At June 30, 2025 | | |
| Plumbing Products | $667 | | $(301) | | $367 | | | $24 | $391 |
| Decorative Architectural Products | 305 | | (75) | | 230 | | | — | 230 |
| Total | $973 | | $(376) | | $597 | | | $24 | $621 |
Table 14 after “Information by segment was as follows, in millions:”
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| Three Months Ended June 30, 2025 | | | | |
| Plumbing Products | Decorative Architectural Products | | Total | |
| Net sales (A) | $1,312 | | $738 | | $2,051 |
| Operating expenses (B) | 1,030 | | 576 | | |
| Corporate expenses (C) | 8 | | 5 | | |
| Segment operating profit | $275 | | $157 | | $432 |
| General corporate expense, net (C) | | | | (20) | |
| Operating profit | | | | 412 | |
First 8 of 10 rows. The CSV has all of them.
Table 15 after “Information by segment was as follows, in millions:”
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| Six Months Ended June 30, 2025 | | | | |
| Plumbing Products | Decorative Architectural Products | | Total | |
| Net sales (A) | $2,497 | | $1,355 | | $3,852 |
| Operating expenses (B) | 1,987 | | 1,090 | | |
| Corporate expenses (C) | 18 | | 11 | | |
| Segment operating profit | $492 | | $253 | | $745 |
| General corporate expense, net (C) | | | | (47) | |
| Operating profit | | | | 698 | |
First 8 of 10 rows. The CSV has all of them.
Table 16 after “Information by segment was as follows, in millions:”
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| Three Months Ended June 30, 2024 | | | | |
| Plumbing Products | Decorative Architectural Products | | Total | |
| Net sales (A) | $1,253 | | $838 | | $2,091 |
| Operating expenses (B) | 996 | | 658 | | |
| Corporate expenses (C) | 11 | | 6 | | |
| Segment operating profit | $247 | | $174 | | $421 |
| General corporate expense, net (C) | | | | (24) | |
| Operating profit | | | | 397 | |
First 8 of 10 rows. The CSV has all of them.
Table 17 after “I. SEGMENT INFORMATION (Concluded)”
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| Six Months Ended June 30, 2024 | | | | |
| Plumbing Products | Decorative Architectural Products | | Total | |
| Net sales (A) | $2,445 | | $1,572 | | $4,017 |
| Operating expenses (B) | 1,950 | | 1,258 | | |
| Corporate expenses (C) | 23 | | 15 | | |
| Segment operating profit | $472 | | $299 | | $771 |
| General corporate expense, net (C) | | | | (55) | |
| Operating profit | | | | 715 | |
First 8 of 10 rows. The CSV has all of them.
Table 18 after “I. SEGMENT INFORMATION (Concluded)”
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| Property Additions | | | | | |
| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| 2025 | 2024 | | 2025 | 2024 | |
| Plumbing Products | $26 | | $32 | | $52 | $51 |
| Decorative Architectural Products | 9 | | 11 | | 15 | 23 |
| Corporate | 1 | | 1 | | 1 | 1 |
| Total | $36 | | $44 | | $68 | $74 |
Table 19 after “I. SEGMENT INFORMATION (Concluded)”
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| Depreciation and Amortization | | | | | |
| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| 2025 | 2024 | | 2025 | 2024 | |
| Plumbing Products | $27 | | $27 | | $52 | $53 |
| Decorative Architectural Products | 7 | | 9 | | 15 | 19 |
| Corporate | 2 | | 2 | | 4 | 4 |
| Total | $36 | | $38 | | $71 | $76 |
Table 20 after “I. SEGMENT INFORMATION (Concluded)”
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| Assets | | |
| At June 30, 2025 | At December 31, 2024 | |
| Plumbing Products | $3,461 | | $3,131 |
| Decorative Architectural Products | 1,590 | | 1,435 |
| Corporate | 237 | | 450 |
| Total | $5,288 | | $5,016 |
Table 21 after “Reconciliations of the numerators and denominators used in the computations of basic and diluted income per common share were as follows, in”
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| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| 2025 | 2024 | | 2025 | 2024 | |
| Numerator (basic and diluted): | | | | | | |
| Net income | $270 | | $258 | | $456 | $473 |
| Less: Allocation to unvested restricted stock awards | — | | — | | — | — |
| Net income attributable to common shareholders | $270 | | $258 | | $456 | $473 |
| Denominator: | | | | | | |
| Basic common shares (based upon weighted average) | 210 | | 219 | | 211 | 220 |
First 8 of 10 rows. The CSV has all of them.
Table 22 after “The following stock options, restricted stock units and performance restricted stock units were excluded from the computation of weighted-av”
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| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| 2025 | 2024 | | 2025 | 2024 | |
| Number of stock options | 403 | | 201 | | 355 | 150 |
| Number of restricted stock units | 295 | | — | | 120 | — |
| Number of performance restricted stock units | 47 | | — | | 47 | — |
Table 23 after “Changes in our warranty liability were as follows, in millions:”
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| Six Months Ended June 30, 2025 | Twelve Months Ended December 31, 2024 | |
| Balance at January 1 | $81 | | $83 |
| Accruals for warranties issued during the period | 18 | | 38 |
| Accruals related to pre-existing warranties | 6 | | 8 |
| Settlements made (in cash or kind) during the period | (20) | | (43) |
| Other, net (including currency translation and divestitures) | 2 | | (4) |
| Balance at end of period | $86 | | $81 |
Table 24 after “Below is a summary of our net sales, in millions, for the three and six months ended June 30, 2025 and 2024:”
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| Three Months Ended June 30, | Six Months Ended June 30, | | | | | | | | | |
| 2025 | 2024 | | Change | 2025 | 2024 | | Change | | | |
| Net sales, as reported | $2,051 | | $2,091 | | (2)% | | $3,852 | | | $4,017 | (4)% |
| Divestitures | — | | (66) | | | — | | | (124) | | |
| Net sales, excluding divestitures | 2,051 | | 2,026 | | 1% | | 3,852 | | | 3,893 | (1)% |
| Currency translation | (15) | | — | | | 3 | | | — | | |
| Net sales, excluding divestitures and the effect of currency translation | $2,036 | | $2,026 | | —% | | $3,855 | | | $3,893 | (1)% |
Table 25 after “Below is a summary of our results of operations for the three and six months ended June 30, 2025 and 2024:”
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| Three Months Ended June 30, | Six Months Ended June 30, | | | | | | | | | | |
| 2025 | 2024 | | Favorable / (Unfavorable) | 2025 | 2024 | | Favorable / (Unfavorable) | | | | |
| Net sales | $2,051 | | $2,091 | | (2)% | | $3,852 | | | $4,017 | | (4)% |
| Cost of sales | (1,278) | | (1,306) | | 2% | | (2,435) | | | (2,547) | | 4% |
| Gross profit | $772 | | $785 | | (2)% | | $1,416 | | | $1,470 | | (4)% |
| Gross margin | 37.6% | | 37.5% | | 10 bps | 36.8% | | | 36.6% | | 20 bps | |
| Selling, general and administrative expenses | $(361) | | $(388) | | 7% | | $(719) | | | $(755) | | 5% |
| Selling, general and administrative expenses as a percent of net sales | (17.6)% | | (18.6)% | | 100 bps | (18.7)% | | | (18.8)% | | 10 bps | |
First 8 of 10 rows. The CSV has all of them.
Table 26 after “Below is a summary of our other income (expense), net, in millions, for the three and six months ended June 30, 2025 and 2024:”
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| Three Months Ended June 30, | Six Months Ended June 30, | | | | | | | | |
| 2025 | 2024 | | Favorable / (Unfavorable) | 2025 | 2024 | | Favorable / (Unfavorable) | | |
| Interest expense | $(26) | | $(26) | | —% | | $(52) | | $(50) | (4)% |
| Other, net | (7) | | (5) | | (40)% | | (14) | | (10) | (40)% |
| Other income (expense), net | $(33) | | $(31) | | (6)% | | $(66) | | $(61) | (8)% |
Table 27 after “Below is a summary of our income tax expense, in millions, and our effective tax rate for the three and six months ended June 30, 2025 and 2”
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| Three Months Ended June 30, | Six Months Ended June 30, | | | | | | | |
| 2025 | 2024 | | Favorable / (Unfavorable) | 2025 | 2024 | Favorable / (Unfavorable) | | |
| Income tax expense | $(95) | $(94) | | (1)% | $(150) | $(154) | 3% | | |
| Effective tax rate | (25)% | | (26)% | | 100 bps | (24)% | | (24)% | — bps |
Table 28 after “Below is a summary of our net income, in millions, and diluted income per common share for the three and six months ended June 30, 2025 and ”
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| Three Months Ended June 30, | Six Months Ended June 30, | | | | | | | | |
| 2025 | 2024 | | Favorable / (Unfavorable) | 2025 | 2024 | | Favorable / (Unfavorable) | | |
| Net income | $270 | | $258 | | 5% | | $456 | | $473 | (4)% |
| Diluted income per common share | $1.28 | | $1.17 | | 9% | | $2.15 | | $2.14 | —% |
Table 29 after “The following tables set forth our net sales and operating profit information by business segment, dollars in millions.”
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| Three Months Ended June 30, | Percent Change | | Six Months Ended June 30, | Percent Change | | | | | |
| 2025 | 2024 | | 2025 vs. 2024 | 2025 | 2024 | | 2025 vs. 2024 | | |
| Net Sales: | | | | | | | | | | |
| Plumbing Products | $1,312 | | $1,253 | | 5% | | $2,497 | | $2,445 | 2% |
| Decorative Architectural Products | 738 | | 838 | | (12)% | | 1,355 | | 1,572 | (14)% |
| Total | $2,051 | | $2,091 | | (2)% | | $3,852 | | $4,017 | (4)% |
Table 30 after “The following tables set forth our net sales and operating profit information by business segment, dollars in millions.”
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| Three Months Ended June 30, | Percent Change | | Six Months Ended June 30, | Percent Change | | | | | |
| 2025 | 2024 | | 2025 vs. 2024 | 2025 | 2024 | | 2025 vs. 2024 | | |
| Operating Profit: | | | | | | | | | | |
| Plumbing Products | $275 | | $247 | | 11% | | $492 | | $472 | 4% |
| Decorative Architectural Products | 157 | | 174 | | (10)% | | 253 | | 299 | (15)% |
| Total | $432 | | $421 | | 3% | | $745 | | $771 | (3)% |
| General corporate expense, net | (20) | | (24) | | (17)% | | (47) | | (55) | (15)% |
| Total operating profit | $412 | | $397 | | 4% | | $698 | | $715 | (2)% |
Table 31 after “The following table provides information regarding the repurchase of our common stock for the three months ended June 30, 2025 under the 202”
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| Period | Total Number Of Shares Purchased | Average Price Paid Per Common Share | | Total Number Of Shares Purchased As Part Of Publicly Announced Plans or Programs | Maximum Value Of Shares That May Yet Be Purchased Under The Plans Or Programs | |
| 4/1/25 - 4/30/25 | 769,181 | | $62.41 | | 769,181 | $718,338,214 |
| 5/1/25 - 5/31/25 | 119,195 | | $62.93 | | 119,195 | $710,837,079 |
| 6/1/25 - 6/30/25 | 715,902 | | $62.87 | | 715,902 | $665,830,484 |
| Total for the quarter | 1,604,278 | | $62.65 | | 1,604,278 | $665,830,484 |
| 10.a | Severance and Release Agreement dated July 8, 2025 between Masco Corporation and Keith J. Allman. |
| 10.b | Aircraft Time Sharing Agreement dated July 25, 2025 between Jonathon J. Nudi and Masco Corporation. |
| 31.a | Certification by Chief Executive Officer required by Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934. |
| 31.b | Certification by Chief Financial Officer required by Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934. |
| 32 | Certifications required by Rule 13a-14(b) or Rule 15d-14(b) of the Securities Exchange Act of 1934 and Section 1350 of Chapter 63 of Title 18 of the United States Code. |
| 101 | The following financial information from Masco Corporation's Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, formatted in Inline XBRL: (i) the Condensed Consolidated Balance Sheets, (ii) the Condensed Consolidated Statements of Operations, (iii) the Condensed Consolidated Statements of Comprehensive Income (Loss), (iv) the Condensed Consolidated Statements of Cash Flows, (v) the Condensed Consolidated Statements of Shareholders' Equity, and (vi) Notes to Condensed Consolidated Financial Statements. |
| 104 | Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101). |