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Masco — Feb 10, 2026 release

Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000062996-26-000004
Open on SEC.gov ↗
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.