Masco Company profile
About Masco Corp
Masco Corporation is a designer, manufacturer and distributor of home improvement and building products. The Company’s segments include Plumbing Products and Decorative Architectural Products. Plumbing products include faucets, showerheads, handheld showers, valves, bath hardware and accessories, bathing units, shower bases and enclosures, shower drains, steam shower systems, sinks, kitchen accessories and toilets. Its faucet, bathing and showering products are sold primarily in North America, Europe and China under the brand names DELTA, BRIZO, PEERLESS, HANSGROHE, AXOR, KRAUS, EASY DRAIN, STEAMIST, NEWPORT BRASS, BRASSTECH and WALTEC. Decorative Architectural Products segment primarily includes architectural coatings, including paints, primers, specialty coatings, stains and waterproofing products. Its products are sold in North America, South America and China under the brand names BEHR, KILZ, WHIZZ, Elder & Jenks and other trademarks to do it yourself and professional customers.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Masco Corp revenues increased 17% to $8.38B. Net income applicable to common stockholders excluding extraordinary items decreased 50% to $406M. Revenues reflect Plumbing Products segment increase of 24% to $5.14B, Decorative Architectural Products segment increase of 6% to $3.24B, North America segment increase of 14% to $6.62B, International.
Equity composition
Common Stock $1 Par, 4/11, 1.4B auth., 358,100,000 issd. Insiders own 2.74%. PO: 11/63, 200K shares @ $17.50 by Smith Barney & Co. PO: 5/02, 22M shares @ $27.85 by Merrill Lynch & Co. 7/98, 2-for-1 stock split. FY'00-'01 financials are CLA. FY'02 Q's are and FY'03 Q's are restated; Summ. Q's reflect RES. 6/02 Q = 6 months.