NYSE$MAS
Masco Corp · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Masco's Q4 2022 earnings decreased due to softened demand in North America and increased operational costs, while international markets remained strong.
Masco Corporation reported a 5% decrease in net sales to $1,923 million for the fourth quarter of 2022. Earnings per share were $0.51, with adjusted earnings per share at $0.65. The company anticipates a challenging near-term demand environment in 2023 but remains confident in the long-term fundamentals of its markets.
- Sales decreased by 5% to $1,923 million in Q4 2022.
- Operating profit was $185 million, with an adjusted operating profit of $234 million.
- Earnings per share were $0.51, and adjusted earnings per share was $0.65.
- The board declared a quarterly dividend of $0.285 per share, a 2% increase.
Headline financials
Revenue & EPS history
Masco · Revenue · Quarterly
$1.92B
Revenue by segment
Masco · $1.92B total across 2 segments · Q4 2022
- Plumbing Products Net Sales$1.2B-2.6%62.2%
- Decorative Architectural Products Net Sales$727M-8.4%37.8%
Forward guidance
Masco anticipates adjusted earnings per share to be in the range of $3.10 to $3.40 for 2023, with volumes expected to be down in the low double-digit range.
Tailwinds
- Long-term fundamentals of repair and remodel markets remain strong.
- Focused on capitalizing on positive long-term demand trends.
- Aiming to improve margins and invest in growth opportunities.
- Strong balance sheet.
- Disciplined capital allocation.
Headwinds
- Near-term demand environment expected to remain challenging.
- Volumes overall expected to be down in the low double-digit range.
- Soften demand.
- Higher operational costs
- Foreign currency
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 Q4 2022
+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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