Analyst Report: Masco Corp.

Argus

•

Mar 04, 2025

Summary

Masco manufactures location betterment and gathering products. Following the spinoff of the installation concern successful 2015, and the caller merchantability of the Cabinet and Window businesses, Masco has 2 segments, which had 2024 income of $7.8 billion: Plumbing Products, including Delta Faucets (62%) and Decorative Architectural Products, including Behr overgarment (38%). Approximately 20% of the company's income are from extracurricular North America, dominated by Hansgrohe plumbing fixtures successful the UK and Europe. Plumbing has the astir planetary exposure, astir 32%. About 97% of Decorative Architectural gross is linked to repair and remodel and 3% to caller construction. MAS is 1 of the biggest suppliers to Home Depot & Lowe's. Some 38% of Masco's 2024 income were to HD, wherever Behr overgarment is simply a large brand. Lowe'

Chris Graja, CFA

Senior Analyst: Retail

Chris covers the Consumer assemblage for Argus. He was the #1 Stock Picker successful the Household Durables sector, winning the 2019 StarMine U.S. Analyst grant from Refinitiv. He was the #1 Stock Picker successful Food and Staples Retailing, winning back-to-back U.S. Analyst Awards successful 2015 and 2016. He received a prestigious Volunteer of the Year grant from the New York Society of Security Analysts successful 2000. Prior to Argus, Chris spent 16 years astatine Bloomberg Financial Markets. He was the Director of Training and a Senior Researcher for Bloomberg’s probe part earlier joining the caller Bloomberg mag arsenic Technical Studies Editor successful 1993. He roseate to Executive Markets Editor of the publishing group. Chris co-authored the publication “Investing successful Small-Cap Stocks,” which was published successful 3 U.S. editions, an audio book, and 2 Chinese editions. Chris earned an MBA from Rutgers University. He is simply a CFA charterholder.