Masco Corporation reports its third quarter 2025 results.

On a reported basis, compared to the third quarter 2024, net sales decreased 3% to $1,917 million; in local currency and excluding divestitures, net sales decreased 2%.

Plumbing Products’ net sales increased 2%; in local currency, net sales increased 1% Decorative Architectural Products’ net sales decreased 12%; in local currency and excluding divestitures, net sales decreased 6%.

In local currency, North American sales decreased 6% and International sales were in line with prior year. Gross margin decreased 240 basis points to 34.2% from 36.6%, while operating profit decreased 15% to $303 million from $357 million.

“During the third quarter, we continued to navigate through a dynamic geopolitical and macroeconomic environment. While the near-term market conditions remained a headwind to our business, our teams continued to focus on execution to grow share and drive long-term success,” says Jon Nudi, Masco resident and CEO. “We delivered adjusted operating profit of $312 million and adjusted earnings per share of $0.97 during the quarter. Additionally, our capital allocation strategy enabled us to return $188 million to shareholders through dividends and share repurchases.”

“For the full year, we now anticipate our 2025 adjusted earnings per share to be in the range of $3.90 to $3.95, compared to our previous expectation of $3.90 to $4.10,” continues Nudi. “We remain committed to leveraging the strength of our industry leading brands, innovative product portfolio, and unmatched customer service, and we believe Masco is well positioned to continue to deliver long-term shareholder value.”