MASMASCO CORP /DE/
Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures
- Revenue
- $7.6B
- 3.4% YoY
- Operating margin
- 16.5%
- 5.2% YoY
- EBITDA
- $1.4B
- 7.7% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 2.0×
- $2.8B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear126% of net incomeCash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear81% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear11% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $8.4B | $8.7B | $8.0B | $7.8B | $7.6B | 3.4% |
| Operating income | $1.4B | $1.3B | $1.3B | $1.4B | $1.2B | 8.4% |
| Net income | $410M | $844M | $908M | $822M | $810M | 1.5% |
| Operating cash flow | $930M | $840M | $1.4B | $1.1B | $1.0B | 4.9% |
| Capex | $128M | $224M | $243M | $168M | $156M | 7.1% |
| Stock-based comp | $61M | $49M | $31M | $39M | $30M | 23% |
| Buybacks | $1.0B | $914M | $353M | $751M | $571M | 24% |
| Dividends | $211M | $258M | $257M | $254M | $261M | 2.8% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 116 | 83 |
| FY2024 | — | — | 151 | 108 |
| FY2023 | — | — | 150 | 123 |
| FY2022 | — | — | 102 | 104 |
| FY2021 | — | — | 150 | 147 |