---
schema_version: "secwatch.filing_event.v1"
accession: "0000062996-23-000039"
form_type: "8-K"
ticker: "MAS"
cik: "0000062996"
company_name: "MASCO CORP /DE/"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:07:15.315697+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Masco Q3 adjusted EPS $1.00 (+1%), sales down 10%; raises 2023 guidance

## Summary
- Net sales down 10% to $1,979M; adjusted operating margin up 170bps to 17.6%.
- Adjusted EPS grew 1% to $1.00; GAAP EPS $1.10 vs $0.97 last year.
- Raised 2023 adjusted EPS guidance to $3.65-$3.75 from $3.50-$3.65.
- Closed acquisition of Sauna360 Group for ~€124M; returned $109M to shareholders.
- Quarterly dividend $0.285 declared, payable Nov 27, record Nov 10.

## SEC filing metadata
- accession: 0000062996-23-000039
- form_type: 8-K
- ticker: MAS
- cik: 0000062996
- company_name: MASCO CORP /DE/
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/62996/000006299623000039/0000062996-23-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/62996/000006299623000039/mas-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000062996-23-000039
- JSON: https://secwatch.observer/filing/0000062996-23-000039.json
- Plain text: https://secwatch.observer/filing/0000062996-23-000039.txt

## Key facts
- Earnings Releases
  MASCO CORP /DE/ reported third quarter 2023 results: revenue $1,979 million, net income $1.10 per share, EPS $1.10 per share. Guidance raised.
  - Period: third quarter 2023
  - Revenue: $1,979 million
  - Net income: $1.10 per share
  - EPS: $1.10 per share
  - Guidance: raised
  - Result: reported results
  source text: and building products, reported its third quarter results. 2023 Third Quarter Results • On a reported basis, compared to third quarter 2022: • Net sales decreased 10 percent to $1,979 million; in local currency and excluding acquisitions, net sales decreased 11 percent • In local currency, North American sales decreased 11 percent and international sales decreased 11
  evidence_url: https://www.sec.gov/Archives/edgar/data/62996/000006299623000039/0000062996-23-000039-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.