- Masco Corporation (MAS, Financial) reports a 6% decrease in net sales for Q1 2025, totaling $1,801 million.
- Operating profit margin stands at 15.9%, with adjusted margin at 16.0%.
- The company returns $196 million to shareholders through dividends and share repurchases.
Masco Corporation (MAS), a global leader in home improvement and building products, has announced its first quarter 2025 financial results. The company reported a 6% decline in net sales, amounting to $1,801 million. This decrease is primarily attributed to a 16% drop in Decorative Architectural Products sales and a 1% decrease in Plumbing Products sales. In local currency and excluding divestitures, net sales saw a decrease of 3%.
The operating profit for Q1 2025 decreased by 10% to $286 million compared to the previous year. The operating profit margin fell from 16.5% to 15.9%, while the adjusted operating profit margin was slightly higher at 16.0%. Masco's earnings per share also saw a decline, from $0.97 to $0.87.
Masco returned a total of $196 million to its shareholders during the quarter through dividends and share repurchases, including the repurchase of 1.8 million shares for $130 million. In the face of macroeconomic uncertainties and new tariffs, the company is refraining from providing full-year financial guidance for 2025.
"We are actively working to mitigate increased costs through pricing adjustments, cost-saving initiatives, and sourcing changes," said Keith Allman, President and CEO of Masco. The company remains focused on adapting to the evolving economic landscape to maintain shareholder value.
As of the end of the first quarter, Masco's liquidity stood at $1,246 million, which includes availability under its revolving credit facility. The company continues to leverage its strong brand portfolio and innovative product offerings to drive long-term success.
