On October 28, 2026, Masco Corporation filed an 8-K reporting its financial results for the third quarter of 2026. The company reported net sales of $1.966 billion for the quarter, representing a 3 percent increase compared to the third quarter of 2025. When excluding the impact of a divestiture and currency fluctuations, net sales increased by 4 percent. The company also noted that in local currency, North American net sales increased by 5 percent, while International net sales decreased by 5 percent.
Masco’s financial performance showed improvement in profitability. Gross margin increased by 240 basis points to 36.6 percent, while operating profit rose by 12 percent to $338 million. Operating margin increased by 140 basis points to 17.2 percent. On an adjusted basis, which accounts for certain items and applies a normalized tax rate of 24.5 percent, operating margin expanded to 17.9 percent. Earnings per share (EPS) on a reported basis were $1.17, compared to $0.90 in the prior year.
The company returned $322 million to shareholders during the quarter through dividends and share repurchases. Additionally, the Board of Directors declared a quarterly dividend of $0.32 per share, payable on November 23, 2026, to shareholders of record on November 6, 2026. As of the end of the third quarter, the company reported liquidity of $1.61 billion, which includes availability under its revolving credit facility.
Masco updated its full-year 2026 guidance. The company now expects earnings per share in the range of $4.51 to $4.61 on a reported basis, and $4.65 to $4.75 on an adjusted basis. This guidance range is higher than the previous outlook of $4.40 to $4.60 on an adjusted basis.
