Earnings release
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Exhibit 99 MASCO CORPORATION REPORTS THIRD QUARTER 2025 RESULTS Highlights • Net sales decreased 3 percent to $1,917 million; in local currency and excluding divestitures, net sales decreased 2 percent • Operating profit margin decreased 220 basis points to 15.8 percent; adjusted operating profit margin decreased 190 basis points to 16.3 percent • Earnings per share was $0.90; adjusted earnings per share decreased 10 percent to $0.97 • Repurchased 1.8 million shares for $124 million • Expect 2025 earnings per share in the range of $3.84 - $3.89 per share, and on an adjusted basis, $3.90 - $3.95 per share LIVONIA, Mich. (October 29, 2025) - Masco Corporation (NYSE: MAS), one of the world’s leading manufacturers of branded home improvement and building products, reported its third quarter 2025 results. 2025 Third Quarter Results • On a reported basis, compared to the third quarter 2024: • Net sales decreased 3 percent to $1,917 million; in local currency and excluding divestitures, net sales decreased 2 percent ◦ Plumbing Products’ net sales increased 2 percent; in local currency net sales increased 1 percent ◦ Decorative Architectural Products’ net sales decreased 12 percent; in local currency and excluding divestitures, net sales decreased 6 percent ◦ In local currency, North American sales decreased 6 percent and International sales were in line with prior year • Gross margin decreased 240 basis points to 34.2 percent from 36.6 percent • Operating profit decreased 15 percent to $303 million from $357 million • Operating margin decreased 220 basis points to 15.8 percent from 18.0 percent • Net income increased 17 percent to $0.90 per share, compared to $0.77 per share • Compared to third quarter 2024, results for key financial measures, as adjusted for certain items (see Exhibit A) and with a normalized tax rate of 24.5 percent, were as follows: • Gross margin decreased 210 basis points to 34.6 percent from 36.7 percent • Operating profit decreased 13 percent to $312 million from $360 million • Operating margin decreased 190 basis points to 16.3 percent from 18.2 percent • Net income decreased 10 percent to $0.97 per share, compared to $1.08 per share • Liquidity at the end of the third quarter was $1,559 million (including availability under our revolving credit facility) “During the third quarter, we continued to navigate through a dynamic geopolitical and macroeconomic environment. While the near-term market conditions remained a headwind to our business, our teams continued to focus on execution to grow share and drive long-term success,” said Masco President and CEO, Jon Nudi. “We delivered adjusted operating profit of $312 million and adjusted earnings per share of $0.97 during the quarter. Additionally, our capital allocation strategy enabled us to return $188 million to shareholders through dividends and share repurchases.” “For the full year, we now anticipate our 2025 adjusted earnings per share to be in the range of $3.90 to $3.95, compared to our previous expectation of $3.90 to $4.10,” continued Nudi. “We remain committed to leveraging the strength of our industry leading brands, innovative product portfolio, and unmatched customer service, and we believe Masco is well positioned to continue to deliver long-term shareholder value.” 1
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Dividend Declaration Masco’s Board of Directors declared a quarterly dividend of $0.31 per share, payable on November 24, 2025 to shareholders of record on November 7, 2025. About Masco Headquartered in Livonia, Michigan, Masco Corporation 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 HotSpring spas. We leverage our powerful brands across product categories, sales channels and geographies to create value for our customers and shareholders. For more information about Masco Corporation, visit www.masco.com. The 2025 third quarter supplemental material, including a presentation in PDF format, is available on the Company’s website at www.masco.com. Conference Call Details A conference call regarding items contained in this release is scheduled for Wednesday, October 29, 2025 at 8:00 a.m. ET. Participants in the call are asked to register five to ten minutes prior to the scheduled start time by dialing 800-549-8228 or 289-819-1520. Please use the conference identification number 16464. The conference call will be webcast simultaneously and in its entirety through the Company’s website. Shareholders, media representatives and others interested in Masco may participate in the webcast by registering through the Investor Relations section on the Company’s website. A replay of the call will be available on Masco’s website or by phone by dialing 888-660-6264 or 289-819-1325. Please use the playback passcode 16464#. The telephone replay will be available approximately two hours after the end of the call and continue through November 29, 2025. Safe Harbor Statement This press release contains statements that reflect our views about our future performance and constitute “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “outlook,” “believe,” “anticipate,” “appear,” “may,” “will,” “should,” “intend,” “plan,” “estimate,” “expect,” “assume,” “seek,” “forecast,” and similar references to future periods. Our views about future performance involve risks and uncertainties that are difficult to predict and, accordingly, our actual results may differ materially from the results discussed in our forward-looking statements. We caution you against relying on any of these forward-looking statements. Our future performance may be affected by the levels of residential repair and remodel activity, and to a lesser extent, new home construction, our ability to maintain our strong brands, to develop innovative products and respond to changing consumer purchasing practices and preferences, our ability to maintain our public image and reputation, our ability to maintain our competitive position in our industries, our reliance on key customers, the cost and availability of materials, our dependence on suppliers and service providers, extreme weather events and changes in climate, risks associated with our international operations and global strategies, the impact on demand, pricing and product costs resulting from tariffs, our ability to achieve the anticipated benefits of our strategic initiatives, our ability to successfully execute our acquisition strategy and integrate businesses that we have acquired and may in the future acquire, our ability to attract, develop and retain a talented workforce, risks associated with cybersecurity vulnerabilities, threats and attacks and risks associated with our reliance on information systems and technology. These and other factors are discussed in detail in Item 1A. "Risk Factors" in our most recent Annual Report on Form 10-K, as well as in our Quarterly Reports on Form 10-Q and in other filings we make with the Securities and Exchange Commission. Any forward-looking statement made by us speaks only as of the date on which it was made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. Unless required by law, we undertake no obligation to update publicly any forward- looking statements as a result of new information, future events or otherwise. Investor Contact Robin Zondervan Vice President, Investor Relations and FP&A 313.792.5500 MascoInvestorRelations@mascohq.com # # # ® ® ® ® ® 2
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MASCO CORPORATION Condensed Consolidated Statements of Operations - Unaudited For the Three and Nine Months Ended September 30, 2025 and 2024 (in millions, except per common share data) Three Months Ended September30, Nine Months Ended September 30, 2025 2024 2025 2024 Net sales $ 1,917 $ 1,983 $ 5,769 $ 6,000 Cost of sales 1,261 1,258 3,696 3,805 Gross profit 656 725 2,073 2,195 Selling, general and administrative expenses 353 368 1,072 1,123 Operating profit 303 357 1,001 1,073 Other income (expense), net: Interest expense (25) (25) (77) (75) Other, net (2) (85) (16) (95) (27) (109) (93) (170) Income before income taxes 276 248 908 903 Income tax expense 76 68 226 222 Net income 200 180 682 681 Less: Net income attributable to noncontrolling interest 11 13 36 41 Net income attributable to Masco Corporation $ 189 $ 167 $ 645 $ 640 Income per common share attributable to Masco Corporation(diluted): Net income $ 0.90 $ 0.77 $ 3.06 $ 2.91 Average diluted common shares outstanding 209 218 211 220 Historical information is available on our website. Amounts may not add due to rounding. 3
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MASCO CORPORATION Exhibit A: Reconciliations - Unaudited For the Three and Nine Months Ended September 30, 2025 and 2024 (dollars in millions) Three Months Ended September 30, Nine Months Ended September 30, 2025 2024 2025 2024 Gross Profit, Selling, General and AdministrativeExpenses, and Operating Profit Reconciliations Net sales $ 1,917 $ 1,983 $ 5,769 $ 6,000 Gross profit, as reported $ 656 $ 725 $ 2,073 $ 2,195 Rationalization charges 7 2 10 6 Gross profit, as adjusted $ 663 $ 727 $ 2,082 $ 2,202 Gross margin, as reported 34.2 % 36.6 % 35.9 % 36.6 % Gross margin, as adjusted 34.6 % 36.7 % 36.1 % 36.7 % Selling, general and administrative expenses, asreported $ 353 $ 368 $ 1,072 $ 1,123 Rationalization charges 2 — 3 1 Selling, general and administrative expenses, asadjusted $ 352 $ 368 $ 1,069 $ 1,121 Selling, general and administrative expenses as apercent of net sales, as reported 18.4 % 18.6 % 18.6 % 18.7 % Selling, general and administrative expenses as apercent of net sales, as adjusted 18.4 % 18.6 % 18.5 % 18.7 % Operating profit, as reported $ 303 $ 357 $ 1,001 $ 1,073 Rationalization charges 8 2 12 8 Operating profit, as adjusted $ 312 $ 360 $ 1,013 $ 1,081 Operating margin, as reported 15.8 % 18.0 % 17.4 % 17.9 % Operating margin, as adjusted 16.3 % 18.2 % 17.6 % 18.0 % Historical information is available on our website. Amounts may not add due to rounding. 4
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MASCO CORPORATION Exhibit A: Reconciliations - Unaudited For the Three and Nine Months Ended September 30, 2025 and 2024 (in millions, except per common share data) Three Months Ended September30, Nine Months Ended September 30, 2025 2024 2025 2024 Income Per Common Share Reconciliations Income before income taxes, as reported $ 276 $ 248 $ 908 $ 903 Rationalization charges 8 2 12 8 Loss on sale of business (1) — 81 — 81 Realized (gains) losses from private equity funds, net — (1) 5 (1) Income before income taxes, as adjusted 284 330 925 990 Tax at 24.5% rate (70) (81) (227) (243) Less: Net income attributable to noncontrolling interest 11 13 36 41 Net income, as adjusted $ 204 $ 236 $ 662 $ 706 Net income per common share, as adjusted $ 0.97 $ 1.08 $ 3.14 $ 3.21 Average diluted common shares outstanding 209 218 211 220 (1) Represents the preliminary loss for the three and nine months ended September 30, 2024 from the sale of our Kichler Lighting business. Outlook for the Year Ended December 31, 2025 Year Ended December 31, 2025 Low End High End Income Per Common Share Reconciliation Net income per common share $ 3.84 $ 3.89 Rationalization charges 0.04 0.04 Realized losses from private equity funds, net 0.02 0.02 Net income per common share, as adjusted $ 3.90 $ 3.95 Historical information is available on our website. Amounts may not add due to rounding. 5
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MASCO CORPORATION Condensed Consolidated Balance Sheets and Other Financial Data - Unaudited September 30, 2025 and December 31, 2024 (dollars in millions) September 30, 2025 December 31, 2024 Balance Sheet Assets Current assets: Cash and cash investments $ 559 $ 634 Receivables 1,181 1,035 Inventories 1,069 938 Prepaid expenses and other 150 123 Total current assets 2,959 2,730 Property and equipment, net 1,181 1,116 Goodwill 622 597 Other intangible assets, net 213 220 Operating lease right-of-use assets 239 231 Other assets 98 123 Total assets $ 5,311 $ 5,016 Liabilities Current liabilities: Accounts payable $ 842 $ 789 Notes payable 2 3 Accrued liabilities 732 767 Total current liabilities 1,576 1,560 Long-term debt 2,945 2,945 Noncurrent operating lease liabilities 226 223 Other liabilities 396 342 Total liabilities 5,143 5,069 Equity 168 (53) Total liabilities and equity $ 5,311 $ 5,016 As of September 30, 2025 2024 Other Financial Data Working capital days Receivable days 53 50 Inventory days 84 78 Payable days 69 70 Working capital $ 1,408 $ 1,291 Working capital as a % of sales (LTM) 18.5 % 16.4 % Historical information is available on our website. Amounts may not add due to rounding. 6
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MASCO CORPORATION Condensed Consolidated Statements of Cash Flows and Other Financial Data - Unaudited For the Nine Months Ended September 30, 2025 and 2024 (dollars in millions) Nine Months Ended September 30, 2025 2024 Cash Flows From (For) Operating Activities: Cash provided by operating activities $ 896 $ 957 Working capital changes (292) (288) Net cash from operating activities 604 668 Cash Flows From (For) Financing Activities: Purchase of Company common stock (354) (482) Excise tax paid on the purchase of Company common stock (6) — Cash dividends paid (197) (191) Purchase of redeemable noncontrolling interest — (15) Dividends paid to noncontrolling interest (30) (25) Proceeds from the exercise of stock options 6 76 Employee withholding taxes paid on stock-based compensation (10) (34) Decrease in debt, net (1) (2) Net cash for financing activities (592) (673) Cash Flows From (For) Investing Activities: Capital expenditures (109) (112) Acquisition of business — (4) Proceeds from disposition of business, net of cash disposed — 131 Other, net (2) (3) Net cash (for) from investing activities (111) 12 Effect of exchange rate changes on cash and cash investments 23 5 Cash and Cash Investments: (Decrease) increase for the period (75) 12 At January 1 634 634 At September 30 $ 559 $ 646 As of September 30, 2025 2024 Liquidity Cash and cash investments $ 559 $ 646 Revolver availability 1,000 1,000 Total Liquidity $ 1,559 $ 1,646 Historical information is available on our website. Amounts may not add due to rounding. 7
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MASCO CORPORATION Segment Data - Unaudited For the Three and Nine Months Ended September 30, 2025 and 2024 (dollars in millions) Three Months Ended September 30, Nine Months Ended September 30, 2025 2024 Change 2025 2024 Change Plumbing Products Net sales $ 1,247 $ 1,219 2 % $ 3,744 $ 3,665 2 % Operating profit, as reported $ 196 $ 240 $ 688 $ 713 Operating margin, as reported 15.7 % 19.7 % 18.4 % 19.5 % Rationalization charges 8 2 11 7 Operating profit, as adjusted 204 242 700 720 Operating margin, as adjusted 16.4 % 19.9 % 18.7 % 19.6 % Depreciation and amortization 29 26 81 80 EBITDA, as adjusted $ 232 $ 269 $ 780 $ 799 Decorative Architectural Products Net sales $ 670 $ 764 (12)% $ 2,025 $ 2,336 (13)% Operating profit, as reported $ 128 $ 138 $ 381 $ 436 Operating margin, as reported 19.1 % 18.1 % 18.8 % 18.7 % Rationalization charges 1 — 1 1 Operating profit, as adjusted 128 138 381 437 Operating margin, as adjusted 19.1 % 18.1 % 18.8 % 18.7 % Depreciation and amortization 8 9 22 28 EBITDA, as adjusted $ 136 $ 147 $ 404 $ 465 Total Net sales $ 1,917 $ 1,983 (3)% $ 5,769 $ 6,000 (4)% Operating profit, as reported - segment $ 324 $ 378 $ 1,068 $ 1,149 General corporate expense, net (20) (21) (68) (76) Operating profit, as reported 303 357 1,001 1,073 Operating margin, as reported 15.8 % 18.0 % 17.4 % 17.9 % Rationalization charges - segment 8 2 12 8 Operating profit, as adjusted 312 360 1,013 1,081 Operating margin, as adjusted 16.3 % 18.2 % 17.6 % 18.0 % Depreciation and amortization -segment 36 36 103 108 Depreciation and amortization - other 2 2 6 5 EBITDA, as adjusted $ 349 $ 397 $ 1,121 $ 1,194 Historical information is available on our website. Amounts may not add due to rounding. 8