Masco Corporation (MAS)

Over the past six months, Masco Corporation's stock price has declined by 11.69%, with a 15.8% loss in the last three months due to weak demand and high expenses. The company's top line decreased by 3% in the first quarter of 2024. Masco reported its fourth-quarter and full-year 2024 results on February 11, 2025, showing a 3% decrease in net sales for Q4 2024. For the full year 2024, net sales decreased 2%, but operating profit increased 1% and adjusted EPS grew by 6%. In March 2025, Masco Corporation announced a CEO succession plan.

Demand for Masco's products has experienced a period of slowness, particularly in Europe and China, but the company anticipates that markets will stabilize towards the end of 2024 and return to typical growth rates in 2025 and 2026. There is more seasonality in the performance of DIY and PRO paint sales. In Q1 2025, DIY paint sales were down high-single digits, while PRO paint sales were up mid-single digits. The company expects sales to decline slightly in the first half of 2024 with modest growth in the latter half.

Masco Corporation is a global designer, manufacturer, and distributor of branded home improvement and building products, operating primarily within the Industrials sector. Its product portfolio is organized into Plumbing Products (Delta, Hansgrohe, Brizo) and Decorative Architectural Products (Behr, Kilz, Liberty, Kichler). Masco's products are distributed through home center retailers, online retailers, wholesalers, and direct sales, with a significant partnership with The Home Depot.

Masco Corporation has a global presence, with approximately 80% of its business concentrated in North America and the remaining 20% internationally. The company maintains manufacturing facilities and operations across North America, Europe, and Asia, with specific international operations located in China, Germany, and the United Kingdom.

Masco Corporation has a long-standing reputation for quality and innovation. Behr unveiled its Second Annual Commercial Color Forecast and a new Designer Council in June 2025. Behr Paint Company revealed its 2025 Exterior Stain Color of the Year, "Cedar," alongside its Annual Curb Appeal Collection in March 2025.

Masco Corporation's ownership structure includes institutional investors (76.76%), insiders (0.28%), and public companies and individual investors (22.96%). Major institutional owners include Vanguard Group Inc, BlackRock, Inc., and State Street Corp. Vanguard Group Inc is the largest individual Masco shareholder, holding 12.84% of the company's shares.