MASCO CORP /DE/ (MAS) Form 10-Q — Oct 28, 2026
Masco's Q3 2026 net sales rose 3% to $1,966 million and diluted EPS jumped 30% to $1.17, with operating profit up 12% to $338 million and gross margin expanding 240 bps to 36.6%. Results included roughly $90 million of net benefits from IEEPA tariff refunds recognized in the nine months, a $13 million gain on the divestiture of UK-based Bristan Group ($65 million purchase price), and a lower 25.5% effective tax rate. Masco deployed substantial capital: $861 million of nine-month buybacks (12.3 million shares) including a $300 million accelerated share repurchase, funded partly by a $300 million term loan at 4.517%, with about $1.2 billion remaining under its $2.0 billion authorization.
Key figures
- Eps
- 1.17
- Revenue
- 1966
- Net Income
- 230
- Total Debt
- 3245
- Revenue Yoy
- 3% (Q3); 2% (nine months)
- Total Assets
- 5338
- Cash Position
- 610
- Bristan gain
- 13
- Gross margin q3
- 36.6%
- Shares outstanding
- 192769103
- Operating profit q3
- 338
- Q3 2025 diluted eps
- 0.9
- Share repurchases 9m
- 861
- Effective tax rate q3
- 25.5%
- Nine month diluted eps
- 3.81
- Operating profit growth
- 12%
- Ieepa tariff refund benefit
- 90
- Net cash from operations 9m
- 788
- Remaining buyback authorization
- 1200
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