Masco Q2 2026: EPS beat on tariff refunds, sales fall 3%
Masco beat the earnings estimate but the beat came mostly from a tariff refund, not from better operations, and revenue fell 3% to $1.99 billion. Adjusted EPS rose 26% to $1.64 against a $1.3331 consensus, while adjusted operating margin jumped to 24.2%. Read the margin jump as a one-time refund rather than a durable improvement, and watch whether the sales decline reflects a soft market or lost share.
1 · Expected vs. Actual
Free preview belowGAAP earnings per share of $1.60 came in 20.0% above the $1.3331 consensus, and adjusted EPS of $1.64 was up 26% from $1.30 a year ago. But management tied a chunk of that gain to a roughly $95 million IEEPA tariff refund recognized in the quarter. Without that refund, the growth rate would look far more ordinary.
Revenue fell 3.0% to $1.99 billion from $2.05 billion a year ago, and both segments shrank: Plumbing Products declined 3% to $1.34 billion and Decorative Architectural Products fell 4% to $655 million. In local currency, North American sales dropped 5% while International sales rose 4%, so the weakness is concentrated in the home market.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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