Masco — Feb 10, 2026 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000062996-26-000004
Showing in the filing
Net income per common share
“$3.91”
Period
No period stated
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 11
Earnings per share for FY2026
“$3.91 - $4.11 per share”
Additional rationalization/restructuring cha… for FY2026
“approximately $50 million”
Sales for FY2026
“roughly flat to up low-single digits”
Sales growth, adjusted for currency for FY2026
“roughly flat to up low-single digits”
Adjusted earnings per share for FY2026
“$4.10 to $4.30 per share”
Quarterly dividend for FY2026
“$0.32 per share”
Share repurchase program authorization for FY2026
“$2.0 billion”
Share repurchase program
“$2.0 billion”
Net income per common share
“$3.91”
Rationalization charges
“0.19”
Net income per common share, as adjusted
“$4.10”
Exhibit 99.1 · the passage around this item
… earlier in the release
5 MASCO CORPORATION Exhibit A: Reconciliations - Unaudited For the Three Months and Years Ended December 31, 2025 and 2024 (in millions, except per common share data) Three Months Ended December 31, Year Ended December 31, 2025 2024 2025 2024 Income Per Common Share Reconciliations Income before income taxes, as reported $ 227 $ 258 $ 1,135 $ 1,161 Rationalization charges 6 1 19 9 Impairment charge for other intangible assets 5 — 5 — Loss on sale of business (1) — 8 — 88 Realized losses (gains) from private equity funds, net — — 4 (1) Income before income taxes, as adjusted 238 267 1,163 1,257 Tax at 24.5% rate (58) (65) (285) (308) Less: Net income attributable to noncontrolling interest 11 11 48 52 Net income, as adjusted $ 169 $ 191 $ 830 $ 897 Net income per common share, as adjusted $ 0.82 $ 0.89 $ 3.96 $ 4.10 Average diluted common shares outstanding 207 215 210 219 (1) Represents the loss for the three months and year ended December 31, 2024 from the sale of our Kichler Lighting business. Outlook for the Year Ended December 31, 2026 Year Ended December 31, 2026 Low End High End Income Per Common Share Reconciliation Net income per common share $ 3.91 $ 4.11 Rationalization charges 0.19 0.19 Net income per common share, as adjusted $ 4.10 $ 4.30 Historical information is available on our website. Amounts may not add due to rounding. 6 MASCO CORPORATION Condensed Consolidated Balance Sheets and Other Financial Data - Unaudited December 31, 2025 and 2024 (dollars in millions) December 31, 2025 December 31, 2024 Balance Sheet Assets Current assets: Cash and cash investments $ 647 $ 634 Receivables 1,028 1,035 Inventories 1,046 938 Prepaid expenses and other 119 123 Total current assets 2,840 2,730 Property and equipment, net 1,195 1,116 Goodwill 623 597 Other intangible assets, net 205 220 Operating lease right-of-use assets 233 231 Other assets 105 123 Total assets $ 5,201 $ 5,016 Liabilities Current liabilities: Accounts payable $ 810 $ 789 Notes payable 2 3 Accrued liabilities 761 767 Total current liabilities 1,573 1,560 Long-term debt 2,945 2,945 Noncurrent operating lease liabilities 221 223 Other liabilities 387 342 Total liabilities 5,125 5,069 Equity 76 (53) Total liabilities and equity $ 5,201 $ 5,016 As of December 31, 2025 2024 Other Financial Da
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.