Masco Corporation (MAS)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 36.08% | 34.54% | 32.98% | 32.11% | 31.66% | 33.51% | 34.19% | 35.14% | 36.96% | 36.49% | 37.56% | 37.52% | 36.58% | 36.37% | 34.52% | 32.75% | 31.00% | 29.49% | 28.42% | 28.05% |
| Operating profit margin | 17.15% | 16.29% | 15.44% | 15.09% | 15.14% | 15.99% | 16.39% | 17.07% | 18.14% | 18.77% | 19.84% | 19.65% | 18.31% | 18.14% | 16.27% | 15.25% | 14.23% | 12.92% | 12.63% | 12.74% |
| Pretax margin | 15.09% | 14.07% | 13.19% | 13.10% | 13.21% | 14.04% | 14.37% | 9.69% | 8.00% | 8.77% | 9.54% | 14.61% | 21.11% | 25.30% | 22.95% | 21.56% | 15.23% | 11.06% | 11.51% | 11.23% |
| 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% |
Masco Corp.'s profitability ratios have exhibited a positive trend over the recent quarters. The gross profit margin has been steadily improving, indicating the company's ability to control production costs and generate revenue efficiently. The operating profit margin, which showcases the company's ability to manage operational expenses, has also shown a consistent increase.
Furthermore, Masco Corp.'s pretax margin has been on an upward trajectory, highlighting improved profitability at the operating level before accounting for tax implications. The net profit margin, which represents the final profitability after considering all expenses and taxes, has also demonstrated growth over the periods analyzed.
Overall, Masco Corp. has shown a commendable performance in terms of profitability ratios, reflecting effective cost management and revenue generation strategies across its operations.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 25.14% | 23.94% | 23.62% | 23.19% | 25.00% | 24.55% | 24.95% | 25.02% | 25.20% | 26.70% | 28.27% | 25.74% | 22.42% | 22.30% | 20.90% | 23.06% | 21.64% | 18.84% | 18.34% | 18.71% |
| Return on assets (ROA) | 16.93% | 15.49% | 15.09% | 15.03% | 16.27% | 15.89% | 15.79% | 9.86% | 7.35% | 8.45% | 9.74% | 14.14% | 21.19% | 26.58% | 25.14% | 27.87% | 18.60% | 12.25% | 12.91% | 12.51% |
| Return on total capital | 45.83% | 42.18% | 42.92% | 46.90% | 50.28% | 54.74% | 58.98% | 34.64% | 32.42% | 34.88% | 37.12% | 46.90% | 54.80% | 64.31% | 76.57% | 71.48% | 52.21% | 39.88% | 41.12% | 41.07% |
| Return on equity (ROE) | — | — | — | — | — | — | — | — | — | — | — | — | 627.69% | 1,051.06% | — | — | — | — | — | — |
Masco Corp. has shown consistently strong profitability ratios over the past eight quarters. The Operating return on assets (Operating ROA) has ranged from 23.66% to 25.77%, indicating that the company is efficiently generating profits from its assets. The Return on assets (ROA) has fluctuated between 14.97% and 16.92%, showing the company's ability to generate earnings from its total assets.
The Return on total capital has been relatively high, ranging from 42.92% to 52.29%, reflecting Masco Corp.'s efficient use of both equity and debt in generating profits. However, there is missing data for Return on equity (ROE) which would have provided insights into how effectively the company is utilizing shareholders' equity to generate earnings.
Overall, the profitability ratios suggest that Masco Corp. has been successful in managing its assets and capital to generate strong returns for its investors.