10-K 0000062996-26-000005 (2026-02-10) vs 10-K 0000062996-25-000004 (2025-02-11)
| Section | Compared text | Words now | Changed |
|---|
| Risk Factors | Item 1A | 4,723 |
4.3% |
| MD&A | Item 7 | 4,753 |
12.3% |
| Legal Proceedings | Item 3 | 30 |
not compared |
| Accounting Policies | Item 8 (note not found) | 0 |
not compared |
The redline: what was cut and what was added
In each section, the paragraph that changed most, marked against last year's 10-K:
cut words struck through, new words highlighted and underlined.
MD&A 131 words changed in this paragraph; it is 49% similar to last year's version.
We continue to leverage the Masco Operating System, our methodology to drive growth and productivity, and continuous improvement initiatives across our enterprise to identify additional opportunities to improve our business operations. From time to time, we may take actions to drive efficiency in the business focused on the strategic rationalization of our businesses, including business consolidations, plant closures, headcount reductions and other cost savings initiatives. In the fourth quarter of 2025, we began implementing various restructuring actions to further streamline our business, reduce headcount, and optimize operations. In connection with these actions, we incurred charges of approximately $18 million in the fourth quarter of 2025, and we expect to incur approximately $50 million in additional charges in 2026. Additionally, subsequent to December 31, 2025, we announced that we will implement an internal reorganization resulting in the integration of our Liberty Hardware (“Liberty”) business, a distributor of cabinet and other hardware and shower doors, into our Delta Faucet business. As a result of the integration, beginning with our Quarterly Report on Form 10-Q for the period ending March 31, 2026, Liberty will be included in our Plumbing Products segment rather than our Decorative Architectural Products segment.
Source: Item 7, 10-K 0000062996-26-000005 vs Item 7, 10-K 0000062996-25-000004
Risk Factors 124 words changed in this paragraph; it is 59% similar to last year's version.
We purchase substantial amounts of raw materials, components and finished products from outside sources, including international sources, and we manufacture certain of our products outside of the United States. Increases in the cost of the materials we purchase, including as a result of diminished availability, increased duties, tariffs and inflation or unfavorable fluctuations in currency exchange rates have increased and may in the future increase the prices for our products and negatively impact our results of operations and financial position. Further, our production has been In particular, we have experienced and may continue to experience significantly higher costs as a result of increased duties and tariffs, mainly in the future be impacted if we or our suppliers are unable to procure our requirements for various raw materials, including, among others, brass, copper, resins, titanium dioxide and zinc. Elevated energy prices have increased and may in the future increase our production and transportation costs. In addition, water is a significant component of our architectural coatings products and may be subject to shortages and restrictions on supply in certain regions, Plumbing Products segment, due to climate-related duties and tariffs related to China and other influences. These factors could adversely impact our results of operations and financial position. international jurisdictions as well as related to materials.
Source: Item 1A, 10-K 0000062996-26-000005 vs Item 1A, 10-K 0000062996-25-000004
Every change, by type
Sentences and paragraphs of MAS's Risk Factors and MD&A, 10-K 2026-02-10 against 10-K 2025-02-11.
Each links to the text at sec.gov.
No changes of this type found.
