NYSE$MAS
Masco Corp · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Masco's financial performance remained stable with net sales in line with the previous year, and adjusted operating margin expanded, driving adjusted earnings per share growth.
Masco Corporation reported third quarter 2024 results with net sales of $1,983 million, in line with the prior year. Adjusted operating profit increased by 3% to $360 million, and adjusted earnings per share grew by 8% to $1.08. The company repurchased 2.5 million shares for $192 million and expects 2024 adjusted earnings per share in the range of $4.05 to $4.15.
- Net sales were in line with the prior year at $1,983 million.
- Adjusted operating profit increased 3 percent to $360 million; adjusted operating profit margin increased 60 basis points to 18.2 percent.
- Adjusted earnings per share grew 8 percent to $1.08 per share.
- Repurchased 2.5 million shares for $192 million.
Headline financials
Revenue & EPS history
Masco · Revenue · Quarterly
$1.98B
Revenue by segment
Masco · $1.98B total across 2 segments · Q3 2023
- Plumbing Products Net Sales$1.19B-10.0%60.2%
- Decorative Architectural Products Net Sales$788M-10.5%39.8%
Forward guidance
Masco expects 2024 adjusted earnings per share to be in the range of $4.05 to $4.15.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
+0.9%
Avg return
Earnings day
+1.4%
Avg return
5 days after
+0.4%
Avg return
30 days after
58%
42 / 72 earnings
Positive
+14.0%
Q2 2015
Best reaction
-9.5%
Q2 2012
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.6% | +11.2% | +0.8% | |
| Q4 2025 | +8.7% | +6.4% | -15.3% | |
| Q3 2025 | -4.6% | -6.9% | -5.2% | |
| Q1 2025 | -3.4% | -1.5% | +0.6% | |
| Q4 2024 | +1.4% | +1.0% | -10.8% | |
| Q3 2024 | -1.6% | -1.8% | -1.5% | |
| Q2 2024 | +9.7% | +11.0% | +14.3% | |
| Q1 2024 | -4.3% | -4.0% | -5.4% | |
| Q4 2023 | +3.1% | +2.9% | +9.1% | |
| Q3 2023 | +5.6% | +7.8% | +22.5% | |
| Q2 2023 | -0.6% | -0.3% | -8.0% | |
| Q1 2023 | +5.3% | +6.2% | +1.1% | |
| Q4 2022 | +1.7% | +2.4% | -7.4% | |
| Q3 2022 | -4.8% | -4.3% | +5.4% | |
| Q2 2022 | +2.7% | -1.3% | -5.4% | |
| Q1 2022 | +4.4% | +0.4% | +9.7% | |
| Q4 2021 | +0.4% | -4.3% | -10.7% | |
| Q3 2021 | +7.2% | +5.8% | +9.8% | |
| Q2 2021 | +0.1% | +1.1% | +3.9% | |
| Q1 2021 | +2.2% | +2.5% | -5.1% | |
| Q4 2020 | -3.6% | -4.2% | -0.5% | |
| Q3 2020 | +0.7% | +2.2% | +1.3% | |
| Q2 2020 | +1.5% | +1.6% | +3.9% | |
| Q1 2020 | -1.6% | -4.5% | +11.8% | |
| Q4 2019 | -5.2% | -8.1% | -24.7% | |
| Q3 2019 | +3.6% | +3.4% | +4.3% | |
| Q2 2019 | +5.9% | +6.0% | -1.4% | |
| Q1 2019 | -3.8% | -2.3% | -6.8% | |
| Q4 2018 | +8.0% | +10.6% | +18.0% | |
| Q3 2018 | +9.3% | +14.1% | +14.0% | |
| Q2 2018 | +1.3% | +0.1% | -3.3% | |
| Q1 2018 | -5.8% | -3.6% | -4.9% | |
| Q4 2017 | -1.3% | +0.2% | -0.5% | |
| Q3 2017 | -1.1% | +0.1% | -0.4% | |
| Q2 2017 | +2.5% | +1.8% | -3.5% | |
| Q1 2017 | +6.9% | +5.7% | +6.0% | |
| Q4 2016 | -0.1% | -2.0% | +0.4% | |
| Q3 2016 | -8.8% | -8.5% | -3.5% | |
| Q2 2016 | +6.5% | +6.6% | +3.0% | |
| Q1 2016 | -1.7% | — | — | |
| Q4 2015 | +8.7% | — | — | |
| Q3 2015 | +6.0% | — | — | |
| Q2 2015 | +14.0% | — | — | |
| Q1 2015 | +1.9% | — | — | |
| Q4 2014 | +1.0% | — | — | |
| Q3 2014 | -4.0% | — | — | |
| Q2 2014 | +3.9% | — | — | |
| Q1 2014 | -6.2% | — | — | |
| Q4 2013 | +2.0% | — | — | |
| Q3 2013 | +2.3% | — | — | |
| Q2 2013 | +4.9% | — | — | |
| Q1 2013 | -5.7% | — | — | |
| Q4 2012 | +12.5% | — | — | |
| Q3 2012 | +3.3% | — | — | |
| Q2 2012 | -9.5% | — | — | |
| Q1 2012 | +2.0% | — | — | |
| Q4 2011 | -1.9% | — | — | |
| Q3 2011 | -6.1% | — | — | |
| Q2 2011 | -3.3% | — | — | |
| Q1 2011 | +0.4% | — | — | |
| Q4 2010 | -1.1% | — | — | |
| Q3 2010 | -0.1% | — | — | |
| Q2 2010 | +1.7% | — | — | |
| Q1 2010 | -1.3% | — | — | |
| Q1 2009 | -1.3% | — | — | |
| Q4 2007 | +1.0% | — | — | |
| Q4 2009 | +1.0% | — | — | |
| Q3 2008 | -3.2% | — | — | |
| Q3 2009 | -3.2% | — | — | |
| Q4 2008 | +0.5% | — | — | |
| Q2 2009 | +0.5% | — | — | |
| Q2 2008 | +0.5% | — | — |
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