Earnings Releases·Oct 28, 2026, 7:01 AM ET

Masco Corporation — Third Quarter 2026 Earnings Summary

Net sales rose 3% year-over-year to $1,966 million, while operating profit and adjusted operating profit grew 12% and 13% respectively to $338 million and $351 million, driven by a 240 basis point expansion in gross margin to 36.6%.
Full-year 2026 earnings per share guidance was raised to $4.51–$4.61 (previously $4.40–$4.60), with adjusted EPS guidance increased to $4.65–$4.75, reflecting strong operational execution despite a challenged near-term demand environment.
The company returned $322 million to shareholders in the third quarter via dividends and share repurchases, including $852 million in stock purchases and $191 million in dividends paid over the nine-month period.
Strategic progress included the divestiture of the Bristan Group, which generated a $13 million gain and $60 million in net proceeds, alongside a focus on expanding commercial capabilities and leveraging industry-leading brands.