Masco Corporation (MAS)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 908,000 | 832,000 | 801,000 | 816,000 | 844,000 | 861,000 | 863,000 | 549,000 | 410,000 | 473,000 | 528,000 | 788,000 | 1,224,000 | 1,482,000 | 1,333,000 | 1,349,000 | 935,000 | 676,000 | 730,000 | 701,000 |
| Revenue (ttm) | US$ in thousands | 7,861,000 | 7,896,000 | 8,121,000 | 8,341,000 | 8,568,000 | 8,318,000 | 8,321,000 | 8,159,000 | 7,747,000 | 7,958,000 | 7,728,000 | 7,303,000 | 7,072,000 | 6,851,000 | 6,811,000 | 7,316,000 | 7,648,000 | 8,050,000 | 8,210,000 | 8,228,000 |
| Net profit margin | 11.55% | 10.54% | 9.86% | 9.78% | 9.85% | 10.35% | 10.37% | 6.73% | 5.29% | 5.94% | 6.83% | 10.79% | 17.31% | 21.63% | 19.57% | 18.44% | 12.23% | 8.40% | 8.89% | 8.52% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $908,000K ÷ $7,861,000K
= 11.55%
Masco Corp.'s net profit margin has shown a generally stable trend over the past eight quarters, ranging from 6.41% to 11.40%. The company experienced a notable increase in profitability in Q4 2023, with a net profit margin of 11.40%, which is the highest among the quarters analyzed. This improvement may indicate effective cost management or increased revenue generation during that period.
Overall, Masco Corp.'s net profit margins have been consistently above 9%, reflecting the company's ability to efficiently convert revenue into profits. However, it is essential to monitor future quarters to assess whether the trend of increasing profitability observed in Q4 2023 will be sustained or if there are factors affecting the company's margins.
Peer comparison
Dec 31, 2023