Masco — Jul 29, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000062996-26-000026
Showing in the filing
Net income per common share
“$4.21” – “$4.41”
Period
FY2026
Measure
GAAP-tied
Source
Guidance table
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
5 MASCO CORPORATION Exhibit A: Reconciliations - Unaudited For the Three and Six Months Ended June 30, 2026 and 2025 (in millions, except per common share data) Three Months Ended June 30, Six Months Ended June 30, 2026 2025 2026 2025 Income Per Common Share Reconciliations Income before income taxes, as reported $ 440 $ 378 $ 731 $ 632 Rationalization charges 12 2 20 4 Realized losses from private equity funds, net — — — 5 Income before income taxes, as adjusted 452 380 751 640 Tax at 24.5% rate (111) (93) (184) (157) Less: Net income attributable to noncontrolling interest 15 13 30 25 Net income, as adjusted $ 326 $ 274 $ 537 $ 458 Net income per common share, as adjusted $ 1.64 $ 1.30 $ 2.67 $ 2.16 Average diluted common shares outstanding 199 211 201 212 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 $ 4.21 $ 4.41 Rationalization charges 0.19 0.19 Net income per common share, as adjusted $ 4.40 $ 4.60 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 June 30, 2026 and December 31, 2025 (dollars in millions) June 30, 2026 December 31, 2025 Balance Sheet Assets Current assets: Cash and cash investments $ 548 $ 647 Receivables 1,342 1,028 Inventories 1,060 1,046 Prepaid expenses and other 119 119 Total current assets 3,069 2,840 Property and equipment, net 1,191 1,195 Goodwill 618 623 Other intangible assets, net 194 205 Operating lease right-of-use assets 253 233 Other assets 77 105 Total assets $ 5,401 $ 5,201 Liabilities Current liabilities: Accounts payable $ 890 $ 810 Notes payable 2 2 Accrued liabilities 754 761 Total current liabilities 1,646 1,573 Long-term debt 3,245 2,945 Noncurrent operating lease liabilities 246 221 Other liabilities 383 387 Total liabilities 5,519 5,125 Equity (118) 76 Total liabilities and equity $ 5,401 $ 5,201 As of June 30, 2026 2025 Other Financial
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.