$MAS · MASCO CORP /DE/
Masco reported Q3 2026 results with net sales of $1,966M (+3% YoY), adjusted EPS of $1.19 (+23% YoY), and adjusted operating margin of 17.9% (+160 bps). The company raised full-year 2026 adjusted EPS guidance to $4.65-$4.75 from the prior $4.40-$4.60 range, citing strong operational execution and momentum.
- Q3 net sales rose 3% YoY to $1,966M; 4% growth excluding Bristan divestiture and currency
- Adjusted EPS of $1.19 grew 23% YoY from $0.97, beating prior-year comparable
- Adjusted operating margin expanded 160 bps to 17.9% from 16.3%
- Full-year 2026 adjusted EPS guidance raised to $4.65-$4.75 from prior $4.40-$4.60
- Returned $322M to shareholders in Q3 via dividends and share repurchases
Extended-hours trading shows MAS at $80.00, up 6.44% vs the $75.16 regular close, indicating strong positive reaction to the beat and guidance raise. Markets closed — no regular-session reaction yet.
A 23% adjusted EPS jump, 160 bps margin expansion, and a guidance raise in a challenged R&R market signal strong execution and pricing power.
Masco's 23% adjusted EPS growth and 160 bps margin expansion stand out in the home-improvement sector, where peers face persistent R&R demand headwinds. Plumbing Products led with 5% organic growth.
Management flagged near-term demand challenges in the repair and remodel market, plus tariff exposure and raw material cost volatility as ongoing risks.