Masco (MAS) investor relations material

Business overview and performance

• Global leader in branded home improvement products, focusing on repair and remodel markets with $7.6B in 2025 net sales and $1.3B adjusted operating profit.

• Plumbing Products segment generated $5.2B in net sales with a 17.6% adjusted operating margin; Decorative Architectural Products delivered $2.4B in net sales and 18.9% margin.

• Approximately 50% of revenue comes from sustainable products, with a diversified portfolio across geographies and channels.

• Operates 44 manufacturing facilities and employs around 18,000 people globally.

• Consistent financial growth with a ~3% CAGR in revenue and ~10% CAGR in EPS from 2019 to 2025.

Market positioning and strategy

• Holds industry-leading brands with strong innovation and market share in both plumbing and architectural coatings.

• Focused on residential repair and remodel, a $500B+ industry with long-term growth potential and fundamentals outpacing GDP by 1-2%.

• Diversified across price points, end markets, and consumer segments, with 79% of revenue from North America.

• Channel mix includes 45% retail, 34% wholesale/trade, and 13% e-commerce; end consumer mix is 55% professional and 45% DIY.

• Growth driven by innovation, new product introductions (~25% of revenue from products launched in last 3 years), and bolt-on M&A in core segments.

Sustainability and operational excellence

• Sustainable products account for ~50% of revenues, including low-VOC paints and water-saving plumbing fixtures.

• Targeting a 50% reduction in greenhouse gas emissions by 2030, aligned with science-based targets.

• Returns management program diverts products from landfills and recertifies inventory for resale.

• Masco Operating System drives efficiency, innovation, and cost-effective solutions through a focus on culture, tools, and impact.

• Balanced capital allocation: reinvestment, maintaining investment-grade credit, dividends (~$1.28/share), share repurchases, and selective acquisitions.