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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
Net income per common share
“$4.21”
Period
No period stated
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.