Company profile

Ticker
MAS
Exchange
Website
CEO
Keith J. Allman
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
381794485

MAS stock data

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FINRA relative short interest over last month (20 trading days) ?

Calendar

11 Feb 20
30 Mar 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 1.64B 1.72B 1.84B 1.51B
Net income 453M 126M 240M 116M
Diluted EPS 1.59 0.44 0.82 0.39
Net profit margin 27.64% 7.34% 13.05% 7.67%
Operating income 170M 316M 392M 211M
Net change in cash 222M 150M
Cash on hand 697M 475M 325M
Cost of revenue 523M 1.28B 1.49B 1.31B
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 6.71B 6.65B 7.64B 7.36B
Net income 935M 734M 533M 493M
Diluted EPS 3.22 2.37 1.66 1.48
Net profit margin 13.94% 11.03% 6.97% 6.70%
Operating income 1.09B 1.08B 1.03B 1.09B
Net change in cash 145M -642M 204M -478M
Cash on hand 697M 552M 1.19B 990M
Cost of revenue 4.34B 4.33B 3.79B 4.9B

Financial data from Masco earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
6 Mar 20 Richard A Manoogian Common Stock Sell Dispose S 42.5565 99,180 4.22M 207,333
2 Mar 20 Richard A Manoogian Common Stock Sell Dispose S 42.701 50,000 2.14M 356,513
2 Mar 20 Richard A Manoogian Common Stock Sell Dispose S 41.5321 50,000 2.08M 306,513
13 Feb 20 Scott E. McDowell Common Stock Sell Dispose S 46.4673 4,314 200.46K 17,021
13 Feb 20 Scott E. McDowell Common Stock Sell Dispose S 46.5074 3,000 139.52K 21,335
13 Feb 20 Scott E. McDowell Common Stock Sell Dispose S 46.5741 1,688 78.62K 24,335
13 Feb 20 Scott E. McDowell Common Stock Option exercise Aquire M 30 3,000 90K 26,023
13 Feb 20 Scott E. McDowell Common Stock Option exercise Aquire M 35.52 4,314 153.23K 23,023
13 Feb 20 Scott E. McDowell Employee Stock Option Common Stock Option exercise Dispose M 30 3,000 90K 12,000
13 Feb 20 Scott E. McDowell Employee Stock Option Common Stock Option exercise Dispose M 35.52 4,314 153.23K 17,256
94.7% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 651 630 +3.3%
Opened positions 90 71 +26.8%
Closed positions 69 55 +25.5%
Increased positions 219 229 -4.4%
Reduced positions 254 234 +8.5%
13F shares
Current Prev Q Change
Total value 183.63B 198.72B -7.6%
Total shares 263.07M 260.83M +0.9%
Total puts 3.24M 1.58M +105.4%
Total calls 3.57M 3.37M +5.7%
Total put/call ratio 0.9 0.5 +94.4%
Largest owners
Shares Value Change
Vanguard 32.11M $1.54B +2.2%
BLK BlackRock 22.65M $1.09B -0.6%
STT State Street 12.74M $611.22M +0.3%
Fiduciary Management 12.08M $579.87M +0.1%
Capital Research Global Investors 11.05M $530.12M +6.0%
NTRS Northern Trust 7.51M $360.5M -0.6%
APG Asset Management 7.38M $315.34M -1.8%
Capital World Investors 7.09M $340.12M +0.0%
Massachusetts Financial Services 4.89M $234.83M +7.7%
Geode Capital Management 4.43M $212.03M +3.8%
Largest transactions
Shares Bought/sold Change
Norges Bank 3.27M +3.27M NEW
WFC Wells Fargo & Co. 3.58M +2.18M +155.5%
Ubs Global Asset Management Americas 2.78M -1.43M -34.0%
Aqr Capital Management 3.4M -1.13M -25.0%
Millennium Management 1.27M +1.09M +603.9%
Lord, Abbett & Co. 865.91K -1.03M -54.4%
State Of Michigan Retirement System 1.03M +955.6K +1372.9%
MNGPF Man 609.71K -944.04K -60.8%
BMO Bank Of Montreal 3.19M +881.6K +38.2%
Artemis Investment Management 1.46M -825.49K -36.1%

Financial report summary

?
Risks
  • Our business relies on residential repair and remodeling activity and, to a lesser extent, on new home construction activity, both of which are impacted by a number of economic factors and the housing market.
  • We could lose market share if we do not maintain our strong brands, develop innovative products or respond to changing purchasing practices and consumer preferences or if our reputation is damaged.
  • We face significant competition and operate in an evolving competitive landscape.
  • Our sales are concentrated with two significant customers.
  • Variability in the cost of our raw materials, component parts and finished goods, including the imposition of tariffs could affect our results of operations and financial position.
  • We are dependent on third-party suppliers.
  • There are risks associated with our international operations and global strategies.
  • We may not achieve all of the anticipated benefits of our strategic initiatives.
  • We may not be able to successfully execute our acquisition strategy or integrate businesses that we acquire.
  • The long-term performance of our businesses relies on our ability to attract, develop and retain talented personnel.
  • We rely on information systems and technology, and a breakdown of these systems could adversely affect our results of operations and financial position.
  • Claims and litigation could be costly.
  • Compliance with laws, government regulation and industry standards is costly, and our failure to comply could adversely affect our results of operations and financial position.
  • We may not be able to adequately protect or prevent the unauthorized use of our intellectual property.
  • Restrictive covenants in our credit agreement could limit our financial flexibility.
Management Discussion
  • Net sales were positively impacted by increased net selling prices across our two segments and the acquisition of The L.D. Kichler Co. ("Kichler") in March 2018. Such increases were partially offset by a decrease in volume, primarily in our Decorative Architectural Products segment and unfavorable foreign currency translation.
  • Our Plumbing Products segment was negatively impacted by an increase in other expenses (such as salaries, marketing spend and severance charges), an increase in commodity costs, unfavorable foreign currency translation, and higher depreciation expense. These negative impacts were partially offset by increased net selling prices and the benefits associated with cost savings initiatives. Our Decorative Architectural Products segment was positively impacted by increased net selling prices across the segment, the absence of the recognition of the inventory step-up adjustment established as part of the 2018 Kichler acquisition, and the benefits associated with cost savings initiatives. These positive impacts were partially offset by an increase in commodity costs and lower sales volume across the segment, an increase in strategic growth investments and a non-cash impairment charge related to an other indefinite-lived intangible asset for a trademark associated with lighting products.
  • Our discussion and analysis of our financial condition and results of operations is based upon our consolidated financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP"). The preparation of these financial statements requires us to make certain estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of any contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. We regularly review our estimates and assumptions, which are based upon historical experience, as well as current economic conditions and various other factors that we believe to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of certain assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates and assumptions.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Good
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