Filing Flows › Masco (MAS) › Q1 2025
Masco (MAS) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 23, 2025
Masco (MAS) reported revenue of $1.8B for the first quarter 2025 (Q1 2025), -6% from a year earlier and -1% from the quarter before. Operating margin was 15.9%, net earnings $186M (10.3% of revenue).
Masco, Q1 2025: revenue $1.8B (-6% year over year), operating margin 15.9%, net earnings $186M, operating cash flow −$158M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | -1% | -6% |
| Gross profit | $644M | +1% | -6% |
| Operating profit | $286M | -1% | -10% |
| Net earnings | $186M | +2% | -13% |
| Operating cash flow | −$158M | — | — |
What changed
Revenue was $1.8B in Q1 2025, down 6% year over year and down 1% from the previous quarter. Plumbing Products was the largest line at 66% of revenue. Decorative Architectural Products lost $0.12B year over year (down 16%), 94% of the total change.
Gross margin was 35.8%, up 0.2 points from a year earlier. Operating profit was $0.29B, a 15.9% margin (down 0.6 points year over year). Operating expenses fell 2% while revenue fell 6%. Net earnings were $0.19B, down 13% year over year. The effective tax rate was 22.0%.
Operating cash flow was −$0.16B. Non-cash charges added back $0.04B of depreciation and amortization. Working capital and other items used $0.39B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$0.19B.
Questions
What was Masco's revenue in the first quarter 2025?
Masco (MAS) reported revenue of $1.8B for the first quarter 2025 (Q1 2025), -6% from a year earlier and -1% from the quarter before.
Was Masco profitable in the first quarter 2025?
Operating profit was $286M (15.9% of revenue) and net earnings $186M.
Source: Masco 10-Q on SEC EDGAR.