Masco Q4 adj EPS $0.83 (+28% YoY); sales $1,882M (-2%); FY2024 guidance $4.00-$4.25

MASCO CORP /DE/

2023-FY EPS reported $4.02 revenue$7,967,000,000

Q4 net sales $1,882M (-2% YoY); adjusted operating profit +16% to $272M; adjusted EPS $0.83 (+28%).
FY2023 sales $7,967M (-8%); adjusted operating margin +120bps to 16.8%; adjusted EPS $3.86 (+2%).
Board declares quarterly dividend $0.29/share (+2% increase), payable Mar 11; record Feb 22.
FY2024 adjusted EPS guidance $4.00-$4.25; expects sales approximately flat in stabilizing market.
Returned $610M to shareholders in 2023 via share repurchases and dividends.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MASCO CORP /DE/ reported financial results for fourth quarter and full-year 2023.

Period: fourth quarter and full-year 2023
Result: reported results

Exact text from the filing

Attached and incorporated herein by reference as Exhibit 99 is a copy of the press release dated February 8, 2024 reporting Masco Corporation’s financial results for the fourth quarter and full-year 2023

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

MASCO CORP /DE/ filing history →

Source: SEC EDGAR

accession 0000062996-24-000004

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.