earnings
confidence high
sentiment positive
materiality 0.75
Masco Q4 adjusted EPS up 7% to $0.89, raises dividend 7% to $0.31, guides 2025 EPS $4.20-$4.45
MASCO CORP /DE/
2024-FY EPS reported
$3.76
revenue$7,828,000,000
- Q4 net sales $1,828M (-3% YoY); adjusted operating margin up 140bps to 15.9%; adjusted EPS $0.89 (+7%).
- Full-year 2024: net sales $7,828M (-2%); adjusted operating margin 17.5% (+70bps); adjusted EPS $4.10 (+6%).
- 2025 adjusted EPS guidance $4.20-$4.45; expects sales flat to up low-single digits; includes China tariff impact.
- Board declared quarterly dividend $0.31 per share, a 7% increase; payable March 10; record date Feb 21.
- Director Donald Parfet to retire at May 2025 annual meeting; departure not due to any disagreement.