Masco — Apr 22, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000062996-26-000013
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 · 7
Earnings per share for FY2026
“$3.91 - $4.11 per share”
Net income per common share for FY2026
“$3.91 - $4.11”
Adjusted earnings per share for FY2026
“$4.10 - $4.30 per share”
Net income per common share, as adjusted for FY2026
“$4.10 - $4.30”
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
4 MASCO CORPORATION Exhibit A: Reconciliations - Unaudited For the Three Months Ended March 31, 2026 and 2025 (in millions, except per common share data) Three Months Ended March 31, 2026 2025 Income Per Common Share Reconciliations Income before income taxes, as reported $ 291 $ 254 Rationalization charges 8 2 Realized losses from private equity funds, net — 5 Income before income taxes, as adjusted 300 261 Tax at 24.5% rate (73) (64) Less: Net income attributable to noncontrolling interest 15 12 Net income, as adjusted $ 211 $ 184 Net income per common share, as adjusted $ 1.04 $ 0.87 Average diluted common shares outstanding 204 213 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. 5 MASCO CORPORATION Condensed Consolidated Balance Sheets and Other Financial Data - Unaudited March 31, 2026 and December 31, 2025 (dollars in millions) March 31, 2026 December 31, 2025 Balance Sheet Assets Current assets: Cash and cash investments $ 388 $ 647 Receivables 1,320 1,028 Inventories 1,068 1,046 Prepaid expenses and other 119 119 Total current assets 2,895 2,840 Property and equipment, net 1,183 1,195 Goodwill 618 623 Other intangible assets, net 198 205 Operating lease right-of-use assets 238 233 Other assets 100 105 Total assets $ 5,233 $ 5,201 Liabilities Current liabilities: Accounts payable $ 894 $ 810 Notes payable 129 2 Accrued liabilities 630 761 Total current liabilities 1,653 1,573 Long-term debt 2,945 2,945 Noncurrent operating lease liabilities 228 221 Other liabilities 380 387 Total liabilities 5,205 5,125 Equity 27 76 Total liabilities and equity $ 5,233 $ 5,201 As of March 31, 2026 2025 Other Finan
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.