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MASCO   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2025202420232022202120202019201820172016
Period End Date12/31/202512/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net Sales7,562.007,828.007,967.008,680.008,375.007,188.006,707.008,359.007,644.007,357.00
Total Revenue7,562.007,828.007,967.008,680.008,375.007,188.006,707.008,359.007,644.007,357.00
Cost of sales4,883.004,997.005,131.005,967.005,512.004,601.004,336.005,670.005,033.004,901.00
Gross Profit2,679.002,831.002,836.002,713.002,863.002,587.002,371.002,689.002,611.002,456.00
Amortization of acquired goodwill--------------------
Goodwill impairment charge--------------------
Selling, general and administrative expenses1,426.001,468.001,473.001,390.001,413.001,292.001,274.001,478.001,442.001,403.00
(Income) regarding litigation settlement--------------------
Income from planned disposition of a business--------------------
Impairment charges for other intangible assets(5.00)--(15.00)(26.00)(45.00)--(9.00)------
Operating (loss) profit1,248.001,363.001,348.001,297.001,405.001,295.001,088.001,211.001,169.001,053.00
Interest expense101.0099.00106.00108.00278.00144.00159.00156.00278.00229.00
Impairment charge for investments--------------------
Impairment charge for:Securities of Furnishings International Inc--------------------
Other, net(12.00)(103.00)(4.00)4.00(439.00)(20.00)(15.00)(13.00)(6.00)6.00
Income from cash and cash investments--------------------
Other interest income--------------------
Income from financial investments, net--------------------
Loss on early retirement of debt--------------------
Gain from sale of equity investment--------------------
Other items, net--------------------
Equity earnings, other affiliates--------------------
Total Non Operating income (expense)(114.00)(202.00)--(104.00)(717.00)(164.00)(174.00)(169.00)(284.00)(223.00)
Pre-Tax Income - Foreign4.00----------------216.00
Income from continuing operations before income taxes and minority interest1,135.001,161.001,238.001,193.00688.001,131.00914.001,042.00885.00830.00
Pre-Tax Income - U.S--------------------
Deferred- U.S. Federal51.0014.000.00--(57.00)(9.00)(23.00)12.0010.00140.00
Currently payable:Foreign74.0080.00----93.0069.0070.0074.0068.0069.00
Foreign----74.00------(3.00)----(12.00)
Currently payable: U.S. Federal123.00153.00189.00--145.00170.00155.00144.00196.0073.00
Currently payable: State and local17.0026.0047.00--40.0033.0046.0036.0031.0024.00
Deferred: State and local8.009.00(39.00)--(10.00)11.00(15.00)--(1.00)2.00
Income taxes277.00287.00278.00288.00210.00269.00230.00258.00305.00296.00
Deferred: Foreign--5.007.00--(1.00)(5.00)--(8.00)1.00--
Minority interest--------------------
Income from Continuing Operations------905.00478.00862.00684.00--580.00534.00
Adjusted income (loss) from continuing operations (For computation of EPS)--------------------
Income (loss) from discontinued operations, net of income taxes----------414.00296.00--0.00--
Cumulative effect of accounting change, net--------------------
Consolidated Net Income (loss)858.00874.00960.00905.00478.001,276.00980.00784.00580.00534.00
Net income attributable to noncontrolling interest48.0052.0052.0061.0068.0052.0045.0050.0047.0043.00
Allocation to unvested restricted stock awards (From EPS Notes)--------2.006.004.007.005.006.00
Discontinued Operations: Allocation to Unvested Restricted Stock Awards------4.00--3.002.00------
Allocation to redeemable noncontrolling interest------(2.00)2.00----------
Net Income (Loss) Available to Common Shareholders810.00822.00908.00842.00406.001,215.00929.00727.00528.00485.00
Continuing Operations- (Basic)------3.651.633.052.21--1.681.49
EPS (BASIC): Income (loss) from discontinued operations, net of income taxes----------1.551.03------
EPS (BASIC): Cumulative effect of accounting change, net--------------------
Net Earnings Per Share (Basic)3.873.774.033.651.634.603.242.381.681.49
Continuing Operations- (Diluted)------3.631.623.042.20--1.661.47
EPS (DILUTED): Income (loss) from discontinued operations, net of income taxes----------1.551.02------
EPS (DILUTED): Cumulative effect of accounting change, net--------------------
Net Earnings Per Share (Diluted)3.863.764.023.631.624.593.222.371.661.47
Basic weighted average shares209.00218.00225.00231.00249.00264.00287.00305.00314.00326.00
Diluted weighted average shares210.00219.00226.00232.00251.00264.00288.00307.00318.00330.00