/
Masco Corporation and its subsidiaries (the Company ) is a global leader in the design, manufacture and distribution of branded home improvement and building products. Our portfolio of industry-leading brands includes BEHR paint; DELTA and HANSGROHE faucets, bath and shower fixtures; LIBERTY branded decorative and functional hardware; and HOT SPRING spas.
16.50% operating margin is respectable but not wide. ROIC at 32.39%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue declined 3.4% YoY. The question is whether this is cyclical or a structural shift.
ROIC dropped from 35.30% to 32.39%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
$7.68B
▼ -3.4% YoY
Net Income (TTM)
$837M
▼ -1.5% YoY
Op. Margin
16.64%
▼ -0.9pp YoY
ROIC
30.75%
▼ -2.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$943M
▼ -4.5% YoY
Op. Cash Flow (TTM)
$1.10B
▼ -4.9% YoY
Net Debt
$2.91B
Cash & Equiv.
$388M
5Y CAGR: +1.0%
5Y CAGR: +0.6%
Continue Research