Masco(US:MAS)2020-10-30 18:32Financial Performance - Q3 2020 - Masco Corporation's revenue increased by 16% to $1983 million year-over-year[8] - Operating profit increased by $127 million to $425 million year-over-year[8] - Operating margin expanded by 400 bps to 214% year-over-year[8] - Adjusted EPS grew by 73% to $104[8] Segment Performance - Q3 2020 - Plumbing Products revenue increased by 13% to $1141 million year-over-year[11] - Plumbing Products operating margin increased by 510 bps to 238%[11] - Decorative Architectural Products revenue increased by 19% to $842 million year-over-year[13] - Decorative Architectural Products operating margin increased by 250 bps to 214%[13] Balance Sheet & Cash Flow - Cash and cash investments totaled $1326 million as of September 30 2020[16] - Adjusted free cash flow was $691 million[16] - Net leverage stood at 11x[16] Q4 2020 Outlook - The company anticipates sales growth of approximately 8-10% (excluding currency effects) for both Plumbing Products and Decorative Architectural Products[28] - The company anticipates an adjusted operating profit margin of approximately 190% for Plumbing Products and approximately 170% for Decorative Architectural Products[28]