Masco (MAS) Q4 FY2025 earnings: revenue $1.8 billion, down 1.9% on the year
Masco Corp. (MAS) reported revenue of $1.8 billion for Q4 FY2025, the quarter ended 31 December 2025, down 1.9% on the same quarter a year earlier. Net income was $165 million, down 9.3% on the year, and diluted earnings per share $0.80. The figures are the company's own, from the 10-K it filed with the SEC on 10 February 2026.
Revenue
$1.8 billion
-1.9% on the year · -6.5% on the quarter
Q1 FY2024Q4 FY2025
Operating margin
13.8%
15.9% a year earlier
Q1 FY2024Q4 FY2025
Net income
$165 million
-9.3% on the year · -12.7% on the quarter
Q1 FY2024Q4 FY2025
Diluted EPS
$0.80
-5.9% on the year · -11.1% on the quarter
Q1 FY2024Q4 FY2025
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 6 new.
Quarter sales decreased 2 percent: Fourth-quarter net sales were $1,793 million, down 2 percent, or 3 percent in local currency, against $1,828 million a year earlier.
Adjusted EPS down 8 percent: Diluted EPS was $0.80 against $0.85; adjusted EPS was $0.82 against $0.89, down 8 percent, with adjusted operating profit of $259 million.
Plumbing sales grew in quarter: Plumbing Products net sales rose 5 percent in the quarter, or 3 percent in local currency, and 3 percent for the year to $4,992 million as reported.
$ million except per share. Read moreFourth quarters are the year less the first three quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q4 FY2025
Q3 FY2025
Q4 FY2024
On the quarter
On the year
Last 8 quarters
Operating cash flow
418
456
407
-8.3%
+2.7%
Capital expenditure
47.0
41.0
56.0
+14.6%
-16.1%
Free cash flow
371
415
351
-10.6%
+5.7%
Free cash flow margin
20.7%
21.6%
19.2%
Cash from investing
-33.0
-41.0
-62.0
Cash from financing
-296
-248
-344
Depreciation and amortisation
39.0
38.0
36.0
+2.6%
+8.3%
Buybacks
217
123
269
+76.4%
-19.3%
Dividends paid
64.0
65.0
63.0
-1.5%
+1.6%
Dividend per share
n/a
$0.31
n/a
Diluted shares, weighted
207m
209m
215m
-1.0%
-3.7%
Shares outstanding at period end
204m
208m
212m
-1.6%
-3.9%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q4 FY2025
Q3 FY2025
Q4 FY2024
On the quarter
On the year
Last 8 quarters
Shareholders' equity
-185
-78.0
-279
Non-controlling interest
261
246
226
+6.1%
+15.5%
Redeemable equity
n/a
n/a
0.0
Debt
2,947
2,945
2,948
+0.1%
-0.0%
Operating lease liabilities
221
226
223
-2.2%
-0.9%
Finance lease liabilities
12.0
n/a
14.0
-14.3%
Other liabilities
1,945
1,972
1,884
-1.4%
+3.2%
Total liabilities and equity
5,201
5,311
5,016
-2.1%
+3.7%
Goodwill
623
622
597
+0.2%
+4.4%
Intangible assets
205
213
220
-3.8%
-6.8%
Cash and equivalents
647
559
634
+15.7%
+2.1%
Receivables
1,028
1,181
1,035
-13.0%
-0.7%
Inventory
1,046
1,069
938
-2.2%
+11.5%
Other assets
1,652
1,667
1,592
-0.9%
+3.8%
Total assets
5,201
5,311
5,016
-2.1%
+3.7%
Questions
What was Masco's revenue in Q4 FY2025?
Masco (MAS) reported revenue of $1.8 billion for Q4 FY2025, the quarter ended 31 December 2025, down 1.9% on the same quarter a year earlier.
How much did Masco earn in Q4 FY2025?
Net income for Q4 FY2025 was $165 million, down 9.3% on the year, and diluted earnings per share $0.80.
When did Masco report Q4 FY2025 results?
Masco filed its 10-K for the year that ended with the quarter on 10 February 2026; the fourth quarter is the year less the first three.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-K for the period ended 31 December 2025, filed 10 February 2026: the filing.