Masco said Q4 2024 net sales decreased 3% to $1,828 million, and operating margin rose 280 basis points to 15.9% from 13.1%. Adjusted operating margin rose 140 basis points to 15.9% from 14.5%.

1. 01

   Masco said Q4 2024 net sales decreased 3% to $1,828 million, and operating margin rose 280 basis points to 15.9% from 13.1%. Adjusted operating margin rose 140 basis points to 15.9% from 14.5%.

2. 02

   The company said full-year 2024 net sales decreased 2% to $7,828 million, operating profit was $1,363 million, and diluted earnings per share were $3.76, compared to $4.02 in the prior year. Adjusted earnings per share increased 6% to $3.86 from $4.10.

3. 03

   Masco said it returned $331 million to shareholders through dividends and share repurchases in Q4, and repurchased 3.3 million shares for $268 million during Q4. For the full year, the company returned $1.0 billion to shareholders through dividends and share repurchases combined.

4. 04

   Masco said it expects 2025 earnings per share in the range of $4.20 to $4.45, with the impact from recently enacted China tariffs included in the estimate. The Board declared a quarterly dividend of $0.31 per share, a 7% increase.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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