Masco Corporation (MAS)
NYSE:MAS
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Earnings Data
Report Date
Jul 23, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.32Last Year’s EPS
1.3Same Quarter Last Year
Moderate Buy
Based on 15 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call reflected solid operational and financial execution in Q1 — with revenue growth, improved margins, 13% operating profit growth and 20% EPS growth — driven largely by strong plumbing performance, cost-savings and disciplined capital returns (notably an increased share-repurchase program). Management remains cautious due to material headwinds: elevated commodity inflation (copper, oil/resins), tariff uncertainty and geopolitical risks that are expected to pressure costs and create near-term margin cadence headwinds (flat H1 margins and a Q2 contraction implied). Balance sheet strength and active mitigation levers (pricing, footprint, restructuring savings) underpin confidence in delivering full-year guidance, but the outlook is guarded.Company Guidance
Balance Sheet and Liquidity Strength
Gross debt-to-EBITDA was 2.1x at quarter end and liquidity totaled $1.3 billion (cash plus revolver availability). Management expects working capital to normalize from 19.5% of sales to ~16.5% by year-end.
Volume Recovery and Brand Recognition
Reported the strongest year-over-year first-quarter volume performance since the end of the pandemic. Delta Faucet received external recognition (USA Today, Newsweek) and BEHR PREMIUM PLUS Ecomix was named a 2026 Green Building Sustainable Product of the Year.
Revenue Growth
Net sales increased 6% year-over-year (4% in local currency), driven primarily by favorable pricing; North American sales up 5% in local currency. Gross margin expanded 10 basis points to 36%.
Operating Profit and EPS Expansion
Operating profit was $324 million, up 13% year-over-year; operating margin improved 90 basis points to 16.9%. Adjusted earnings per share were $1.04, a 20% increase for the quarter.
Plumbing Segment Outperformance
Plumbing sales grew 9% in the quarter (7% excluding currency), with pricing contributing ~6% and volumes up slightly. Plumbing operating profit rose 10% to $250 million and margin expanded 10 basis points to 18.3%. Delta Faucet delivered broad-based strength across trade, retail and e-commerce; Hansgrohe grew across many European markets.
Decorative Architectural Profit Improvement
Decorative Architectural sales were roughly flat vs. prior year, with Pro paint growing mid-single digits and DIY down low single digits. Segment operating profit increased 19% to $105 million and operating margin was 19%.
Restructuring Actions Driving Savings
Incurred approximately $8 million of restructuring charges in Q1 and expect about $50 million of restructuring charges in 2026; management reports realized savings contributing to margin expansion and funding future growth initiatives.
Strong Capital Allocation and Share Repurchases
Returned $267 million to shareholders in the quarter (including $202 million of share repurchases). Increased expected deployment to at least $800 million for share repurchases or acquisitions in 2026 (up from ~$600 million) and entered a 2-year delayed draw term loan up to $500 million to support opportunistic repurchases.
MAS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MAS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2026 | $66.76 | $73.96 | +10.78% |
Feb 10, 2026 | $71.30 | $77.49 | +8.67% |
Oct 29, 2025 | $67.80 | $64.62 | -4.69% |
Jul 31, 2025 | $64.83 | $67.20 | +3.65% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Masco Corporation (MAS) report earnings?
Masco Corporation (MAS) is schdueled to report earning on Jul 23, 2026, Before Open (Confirmed).
What is Masco Corporation (MAS) earnings time?
Masco Corporation (MAS) earnings time is at Jul 23, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MAS EPS forecast?
MAS EPS forecast for the fiscal quarter 2026 (Q2) is 1.32.