Capital investment and capacitynegative · 5 filings
“For the six months ended June 30, 2026, net cash used for investing activities was $78 million, primarily driven by $77 million of capital expenditures.”10-Q · Jul 29, 2026 ↗
Masco Corporation
MAS
Market read
Masco Corporation's move is being confirmed by its market group.
The latest filing is mixed. 8 of 19 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 5 directly disclosed connections are confirming.
What changed
- Revenue increased 6.5% versus the comparable filing period.
- Operating cash flow covered only -0.37x net income.
Company-1.5% todayVolume comparison unavailable
Market group8 of 19 activeConstruction Building Products · inactive
Disclosed network0 of 5 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- At least 13 of 19 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as FBIN begins moving with the group.
Invalidation: The live read weakens if participation falls to 6 of 19 members or fewer.
Research brief
The story so far
The latest filing is mixed. 8 of 19 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 5 directly disclosed connections are confirming.
Evidence that supports
- Revenue increased 6.5% versus the comparable filing period.
- Operating margin improved 0.6 percentage points.
Evidence that challenges
- Operating cash flow covered only -0.37x net income.
What would clarify the read
- At least 13 of 19 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as FBIN begins moving with the group.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations620
Usable filing statements82
Verified relationships7
Evidence supporting the case
No qualifying supportive evidence was identified.
Evidence challenging the case
- Latest annual revenue changed -3.4% year over year.
- Tariffs and trade policy has repeated adverse evidence across 5 filings.
- Energy and commodity prices has repeated adverse evidence across 3 filings.
Questions before a position
- P/E is 22% below the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 42% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Oct 7, 2026
68.866m+10.7%12m+0.1%24m-17.3%
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$8.4B+16.5%$1.62-4.9%
2022-12-31$8.7B+3.6%$3.63-7.6%
2023-12-31$8.0B-8.2%$4.02-2.6%
2024-12-31$7.8B-1.7%$3.76-3.1%
2025-12-31$7.6B-3.4%$3.86-4.1%
What management says matters
Persistent and emerging business drivers
Tariffs and trade policynegative · 5 filings
“Cash Flows For the six months ended June 30, 2026, net cash provided by operations was $417 million, primarily driven by operating profit, inclusive of the net tariff benefit from IEEPA tariff refunds, partially offset by changes in working capital.”10-Q · Jul 29, 2026 ↗
Energy and commodity pricesnegative · 3 filings
“Operating Results Operating profit in the Decorative Architectural Products segment for the three and six months ended June 30, 2026, was positively impacted by higher net selling prices and cost savings initiatives, offset by lower sales volume and higher co…”10-Q · Jul 29, 2026 ↗
Credit and interest ratesmixed · 2 filings
“For the three months ended March 31, 2026, net cash used for financing activities was $137 million, primarily due to $202 million for the repurchase and retirement of our common stock and $65 million for the payment of cash dividends, partially offset by $127…”10-Q · Apr 22, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 1.9× · EV/sales 2.2×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
68.86-1.5% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 7 Oct, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for MAS. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment · baseline
The latest filing presents a mixed picture
10-Q filed 2026-04-22 against the comparable filing from 2025-04-23.
OperationsconstructiveEvidence score +2
liquiditycautiousEvidence score -1
valuationdiscount
What improved
- Revenue increased 6.5% versus the comparable filing period.
- Operating margin improved 0.6 percentage points.
What weakened
- Operating cash flow covered only -0.37x net income.
Filing receipts
“For the three months ended March 31, 2026, net cash used for investing activities was $36 million, primarily driven by $34 million of capital expenditures.”
“For the three months ended March 31, 2026, net cash used for financing activities was $137 million, primarily due to $202 million for the repurchase and retirement of our common stock and $65 million for the payment of cash dividends, partially offset by $127 million of net proceeds from revolving credit loan borrowings.”
“Excluding the effect of currency translation, net sales increased four percent, primarily due to higher net selling prices across the entire company, which increased sales by five percent, partially offset by lower sales volume of paints and other coating products, which decreased sales by one percent.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Business ecosystem
The relationships behind MAS
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
HD38.0% of MAScustomerFeb 10, 2026 ▾
“Our BEHR products are sold through The Home Depot, our largest customer overall, as well as this segment’s largest customer.”
FBINFortune Brands Innovations, Inc.competitorFeb 10, 2026 ▾
“Competitors for these products include American Bath Group, LLC's Dreamline brand, Fortune Brands Innovations, Inc.'s Moen brand, Gatco Inc., Kohler Co.”
Depended on by
FBINFortune Brands Innovations, Inc.competitorFeb 23, 2026 ▾
“This segment’s chief competitors include Masco, Kohler, LIXIL Group, InSinkErator (owned by Whirlpool Corporation), Huida, Hgill, and Jomoo and imported private-label brands.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 2 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
MAS is currently a Participant in the organic co-movement group Construction Building Products. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.