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Makes building products—Delta and Hansgrohe plumbing fixtures, Behr paints—sold through home-improvement retail and plumbing wholesale.
Makes building products—Delta and Hansgrohe plumbing fixtures, Behr paints—sold through home-improvement retail and plumbing wholesale.
Behr paint is sold exclusively through Home Depot, which makes that retailer its largest customer, while Delta and Hansgrohe faucets reach homes through plumbing wholesalers, builders and home centers. Repair and remodeling usually drives more demand than new building.
Moat: narrow (brand, distribution). Strong brand recognition (Behr, Delta) and entrenched big-box retail relationships support shelf space and pricing.
Headquarters: Livonia, Michigan, US · Founded: 1929 · Employees: 18,000
Size Masco (MAS) is a United States Industrials company (Building Products) with a market value of $15.8B, the 577th largest of 3,117 United States companies the cockpit tracks. Shares closed at $82.22 on 6 Nov 2026.
Performance Over six months the shares gained 15.2%, against +4.3% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd highest of 13 in its peer set.
Growth Revenue grew 0.9% over the last twelve months (peer median +2.0%); the operating margin is 18.1% (peer median 14.0%).
Valuation It trades at 18.0× forward earnings against a peer median of 17.8× (7th cheapest of 13).
Price implies For today's price to make sense, revenue must grow about 5% a year for seven years (Req g). Recent delivered growth is +1%, so the hurdle is +4 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 27.3 points above its cost of capital (9.9% WACC).
Credit Masco has 8 bonds outstanding ($2.93B), rated BBB by the agencies and trading like BBB+ at a weighted spread of 81 bp.
Short interest Short interest is 4.4% of the free float (15 Oct 2026).
Next results Next results expected around 9 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $7.67B | $7.56B | $7.83B | $7.97B | $8.68B |
| Revenue growth | — | -3% | -2% | -8% | — |
| Gross profit | $2.88B | $2.69B | $2.84B | $2.81B | $2.71B |
| EBITDA | $1.54B | $1.42B | $1.52B | $1.49B | $1.47B |
| Net income | $925M | $810M | $822M | $908M | $842M |
| Free cash flow | $1.04B | $866M | $907M | $1.17B | $616M |
| Capital expenditure | $163M | $156M | $168M | $243M | $224M |
| Total debt | $3.48B | $3.21B | $3.21B | $3.25B | $3.44B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Masco MAS | $15.8B | +15% | +1% | 18% | 18.0× | 4.9% |
| Fortune Brands Innovations FBIN | $5.74B | +27% | -3% | 14% | 19.7× | 5.3% |
| Sherwin-Williams SHW | $83.1B | +9% | +7% | 16% | 26.8× | 14.9% |
| LIXIL 5938.T | $3.07B | +4% | +2% | 2% | 38.8× | 17.3% |
| PPG Industries PPG | $27.0B | +12% | +6% | 13% | 14.6× | 7.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | MAS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +18.3% | +11.5% | 2nd highest of 13 |
| 6-month return | +15.2% | +4.3% | 3rd highest of 13 |
| Distance from 52-week high | -6.4% | -19.8% | highest of 13 |
| Revenue growth (TTM) | +0.9% | +2.0% | 6th lowest of 13 |
| Operating margin | 18.1% | 14.0% | 5th highest of 12 |
| Forward P/E | 18.0× | 17.8× | 7th cheapest of 13 |
| Growth the price implies (Req g, 7 yrs) | 4.9% | 5.8% | 4th least demanding of 12 |
| Growth delivered (Del g) | +1.0% | +5.0% | 2nd lowest of 12 |
| Hurdle (Req g minus delivered) | +3.9 pp | +1.1 pp | 3rd most demanding of 12 |
| ROIC minus cost of capital | +27.3 pp | +7.8 pp | 2nd highest of 12 |
| EV / EBITDA | 12.4× | 11.9× | 6th most expensive of 12 |
| Net debt / EBITDA | 1.9× | 0.6× | 5th most indebted of 12 |
| Bond spread | 81 bp | 79 bp | 2nd widest of 4 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Masco MAS | United States | $15.8B | +15% | +1% | 18% | 18.0× | 4.9% | +1.0% |
| Carlisle Companies CSL | United States | $14.5B | +4% | +4% | 20% | 15.9× | 3.7% | +4.8% |
| SPIC Industry-Finance 000958.SZ | China | $14.0B | -14% | +102% | n/a | 22.2× | n/a | n/a |
| Watsco WSO | United States | $12.7B | -28% | 0% | 9% | 24.3× | 13.2% | +7.4% |
| A. O. Smith AOS | United States | $8.67B | +10% | -1% | 18% | 17.3× | 4.5% | +5.8% |
| Simpson Manufacturing SSD | United States | $8.07B | +4% | +5% | 20% | 20.9× | 13.2% | +13.0% |
| KONE KNEBV.HE | Finland | $33.8B | +15% | +2% | 12% | 27.1× | 5.8% | +2.5% |
| SPX Technologies SPXC | United States | $7.15B | -30% | +20% | 17% | 15.3× | 15.7% | +15.0% |
| Compagnie de Saint-Gobain SGO.PA | France | $40.7B | -3% | -2% | 10% | 12.1× | 5.1% | +4.0% |
| Fortune Brands Innovations FBIN | United States | $5.74B | +27% | -3% | 14% | 19.7× | 5.3% | -6.0% |
| Toto 5332.T | Japan | $5.40B | -1% | +5% | 8% | 18.2× | 7.8% | +5.0% |
| Sanwa 5929.T | Japan | $5.10B | +8% | +2% | 11% | 14.8× | -2.6% | +9.1% |
| Griffon GFF | United States | $4.58B | +15% | -12% | 20% | 17.1× | 7.5% | +4.0% |
Masco has 8 bonds outstanding with $2.93B face value. The agencies rate it BBB; its bonds trade like BBB+. Weighted yield 5.49%, a spread of 81 bp over government bonds.