Masco Earnings: Plumbing Segment Sales Growth Returns and Margin Expansion Continues
Masco’s second-quarter financial performance was largely in line with our expectations, and we’ve maintained our $82 per share fair value estimate.
Masco Corp MAS
Bulls Say, Bears Say
Bulls
The R&R market is poised for long-term growth, driven by several secular tailwinds, including the aging housing stock and favorable demographics.
Bears
R&R spending and new-home construction weakness could persist due to challenging housing affordability conditions and elevated economic uncertainty, pressuring Masco’s sales growth and profitability.
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News
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Masco Corporation Reports Second Quarter 2024 Results
-
Why a Harris victory and GOP Senate takeover is the best outcome for consumer stocks
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Masco Corporation Announces Date for Earnings Release and Conference Call for 2024 Second Quarter
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Masco Corporation Recommends Shareholders Reject the Below-Market Mini-Tender Offer by TRC Capital Investment Corporation
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Behr Announces First-Ever Commercial Color Forecast
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Masco Corporation Declares Quarterly Dividend
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Masco Corporation to Participate in Fireside Chat at Investor Conference
Trading Information
- Previous Close Price
- $75.84
- Day Range
- $75.84–77.78
- 52-Week Range
- $47.66–78.94
- Bid/Ask
- $76.89 / $78.00
- Market Cap
- $16.90 Bil
- Volume/Avg
- 3.0 Mil / 1.8 Mil
Key Statistics
- Price/Earnings (Normalized)
- 19.55
- Price/Sales
- 2.20
- Dividend Yield (Trailing)
- 1.52%
- Dividend Yield (Forward)
- 1.53%
- Total Yield
- 4.91%
Company Profile
Masco manufactures a variety of home improvement and building products. The company’s $5-billion plumbing segment, led by the Delta and Hansgrohe brands, sells faucets, showerheads, and other related plumbing fixtures and components. The $3-billion decorative architectural segment primarily sells paints and other coatings under the Behr and Kilz brands, but it also sells builder hardware and lighting products.
- Sector
- Industrials
- Industry
- Building Products & Equipment
- Stock Style Box
- Mid Core
- Total Number of Employees
- 18,000
- Website
- https://www.masco.com
Competitors
Valuation
|
Metric
|
MAS
|
SHW
|
PPG
|
|---|---|---|---|
Price/Earnings (Normalized) | 19.55 | 31.99 | 15.82 |
Price/Book Value | — | 23.48 | 3.78 |
Price/Sales | 2.20 | 3.89 | 1.65 |
Price/Cash Flow | 14.56 | 23.27 | 15.15 |
Price/Earnings
MAS
SHW
PPG
Financial Strength
|
Metric
|
MAS
|
SHW
|
PPG
|
|---|---|---|---|
Quick Ratio | 1.04 | 0.44 | 0.96 |
Current Ratio | 1.76 | 0.81 | 1.49 |
Interest Coverage | 13.27 | 8.98 | 8.61 |
Quick Ratio
MAS
SHW
PPG
Profitability
|
Metric
|
MAS
|
SHW
|
PPG
|
|---|---|---|---|
Return on Assets (Normalized) | 16.47% | 11.41% | 8.66% |
Return on Equity (Normalized) | — | 72.16% | 24.25% |
Return on Invested Capital (Normalized) | 28.30% | 18.57% | 12.80% |
Return on Assets
MAS
SHW
PPG
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