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Masco — Jul 29, 2026 release

Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000062996-26-000026
Open on SEC.gov ↗
Showing in the filing
Adjusted earnings per share
“$4.40 - $4.60 per share”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 8
Earnings per share for FY2026
“$4.21 - $4.41 per share”
Adjusted earnings per share for FY2026
“$4.40 - $4.60 per share”
Anticipated full year net benefit from IEEPA… for FY2026
“approximately $85 million”
Net income per common share for FY2026
“$4.21” – “$4.41”
Net income per common share
“$4.21”
Rationalization charges
“0.19”
Net income per common share, as adjusted for FY2026
“$4.40” – “$4.60”
Net income per common share, as adjusted
“$4.40”
Exhibit 99.1 · the passage around this item
… earlier in the release
hare grew 26 percent to $1.64 per share • Returned $454 million to shareholders through dividends and share repurchases • Expect 2026 earnings per share in the range of $4.21 - $4.41 per share, and on an adjusted basis, $4.40 - $4.60 per share LIVONIA, Mich. (July 29, 2026) - Masco Corporation (NYSE: MAS), one of the world’s leading manufacturers of branded home improvement and building products, reported its second quarter 2026 results. 2026 Second Quarter Results • On a reported basis, compared to the second quarter 2025: • Net sales decreased 3 percent to $1,992 million; currency had a minimal impact ◦ Plumbing Products’ net sales decreased 3 percent ◦ Decorative Architectural Products’ net sales decreased 4 percent ◦ In local currency, North American sales decreased 5 percent and International sales increased 4 percent • Gross margin increased 600 basis points to 43.6 percent from 37.6 percent • Operating profit increased 14 percent to $470 million from $412 million • Operating margin increased 350 basis points to 23.6 percent from 20.1 percent • Net income per common share increased 25 percent to $1.60, compared to $1.28 • Compared to the second quarter 2025, results for key financial measures, as adjusted for certain items (see Exhibit A) and applying a normalized tax rate of 24.5 percent, were as follows: • Gross margin increased 610 basis points to 43.8 percent from 37.7 percent • Operating profit increased 17 p
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.