Masco(US:MAS)2025-10-29 12:00Financial Performance - Q3 2025 - Total company sales decreased by 3%[23], but only 2%[20] when excluding divestiture and currency impacts - Adjusted gross margin reached 34.6%[20] - Adjusted operating profit margin was 16.3%[20], a decrease of 190 bps year-over-year[22] - Adjusted EPS was $0.97[15], a 10% decrease year-over-year[22] Segment Performance - Q3 2025 - Plumbing Products segment sales increased by 2%[24], or 1% excluding currency impacts[26], with an operating margin of 16.4%[24] - Decorative Architectural Products segment sales decreased by 12%[27], or 6% excluding divestiture[28], with an operating margin of 19.1%[27] Full Year 2025 Outlook - The company updated its anticipated full-year adjusted EPS to a range of $3.90-$3.95[16] - Total Masco sales are forecasted to be down low single digits[32], with an adjusted operating profit margin of approximately 16.5%[32] - Plumbing Products sales are forecasted to be up low single digits with an adjusted operating profit margin of approximately 18%[32] - Decorative Architectural Products sales are forecasted to be down low double digits, or down mid-single digits excluding divestiture, with an adjusted operating profit margin of approximately 18%[32] Financial Position - The company has a strong balance sheet with $559 million in cash and cash investments[29] - Revolver availability is $1 billion, resulting in total liquidity of $1.559 billion[29] - Gross debt to EBITDA is 2.0x[29]