Masco debt and dilution78

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

—

Cash & equivalents

USD millions

$548M

Net debt

USD millions

—

Debt / equity

—

Debt / assets

—

Net debt / EBITDA

× · TTM

—

Debt / FCF

× · TTM

—

Interest coverage

× · TTM

12.97×

Current ratio

1.86×

Diluted shares

Million shares

199M shares

Basic shares

Million shares

199M shares

Share count growth

-5.24%

Share repurchases

USD millions

$390M

Quarterly data

Masco capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal period	Ended	Total debtUSD millions	Cash & equivalentsUSD millions	Net debtUSD millions	Debt / equity×	Debt / assets%	Net debt / EBITDA×	Debt / FCF×	Interest coverage×	Current ratio×	Diluted sharesMillion shares	Basic sharesMillion shares	Share count growth%	Share repurchasesUSD millions
FY 2026 Q2	Jun 30, 2026	—	548	—	—	—	—	—	12.97×	1.86×	199	199	-5.24%	390
FY 2026 Q1	Mar 31, 2026	—	388	—	—	—	—	—	12.65×	1.75×	204	204	-3.77%	202
FY 2025 Q4	Dec 31, 2025	2,947	647	2,300	38.78×	56.66%	1.65×	3.4×	12.36×	1.81×	207.03	203.07	-5.56%	217
FY 2025 Q3	Sep 30, 2025	—	559	—	—	—	—	—	12.78×	1.88×	209	209	-3.69%	123
FY 2025 Q2	Jun 30, 2025	—	390	—	—	—	—	—	13.32×	1.82×	211	210	-4.11%	101
FY 2025 Q1	Mar 31, 2025	—	377	—	—	—	—	—	13.17×	1.75×	213	212	-4.07%	130
FY 2024 Q4	Dec 31, 2024	2,948	634	2,314	—	58.77%	1.53×	3.25×	13.77×	1.75×	216.02	215.02	-4.43%	269
FY 2024 Q3	Sep 30, 2024	—	646	—	—	—	—	—	13.19×	1.83×	218	217	-3.56%	192
FY 2024 Q2	Jun 30, 2024	—	398	—	—	—	—	—	13.32×	1.76×	220	219	-2.67%	145
FY 2024 Q1	Mar 31, 2024	—	368	—	—	—	—	—	13.12×	1.74×	221	221	-2.21%	145
FY 2023 Q4	Dec 31, 2023	2,948	634	2,314	30.08×	54.97%	1.55×	2.52×	12.72×	1.68×	226	225	-1.33%	227
FY 2023 Q3	Sep 30, 2023	—	560	—	—	—	—	—	11.91×	1.78×	226	225	-0.44%	45
FY 2023 Q2	Jun 30, 2023	—	380	—	—	—	—	—	11.3×	1.72×	226	225	-2.6%	28
FY 2023 Q1	Mar 31, 2023	—	510	—	—	—	—	—	11.34×	1.56×	227	226	-5.44%	53
FY 2022 Q4	Dec 31, 2022	3,151	452	2,699	—	60.75%	1.87×	5.12×	12.01×	1.56×	229.03	228.03	-6.18%	0
FY 2022 Q3	Sep 30, 2022	—	464	—	—	—	—	—	12.43×	1.47×	227	226	-8.13%	0
FY 2022 Q2	Jun 30, 2022	—	440	—	—	—	—	—	13.12×	1.36×	233	231	-8.33%	550
FY 2022 Q1	Mar 31, 2022	—	479	—	—	—	—	—	13.79×	1.6×	241	239	-6.64%	364
FY 2021 Q4	Dec 31, 2021	2,959	926	2,033	52.84×	53.08%	1.31×	3.69×	5.05×	1.76×	245.07	243.07	-6.88%	148
FY 2021 Q3	Sep 30, 2021	—	854	—	—	—	—	—	5.21×	1.81×	247	246	-5.75%	128
FY 2021 Q2	Jun 30, 2021	—	769	—	—	—	—	—	5.09×	1.83×	252	252	-3.82%	447
FY 2021 Q1	Mar 31, 2021	—	838	—	—	—	—	—	4.61×	1.83×	257	256	-6.23%	303
FY 2020 Q4	Dec 31, 2020	2,795	1,326	1,469	6.64×	48.38%	1.03×	3.33×	8.99×	1.8×	258.04	261.02	-7.13%	125
FY 2020 Q3	Sep 30, 2020	—	1,326	—	—	—	—	—	7.72×	2.01×	261	261	-8.74%	0
FY 2020 Q2	Jun 30, 2020	—	1,089	—	—	—	—	—	7.05×	1.5×	263	262	-9.34%	0
FY 2020 Q1	Mar 31, 2020	—	767	—	—	—	—	—	7.12×	1.83×	274	273	-6.83%	602
FY 2019 Q4	Dec 31, 2019	2,773	697	2,076	—	55.16%	1.66×	4.13×	6.84×	1.75×	282.07	281.07	-6.02%	456
FY 2019 Q3	Sep 30, 2019	—	475	—	—	—	—	—	7.77×	1.46×	287	286	-5.92%	151
FY 2019 Q2	Jun 30, 2019	—	325	—	—	—	—	—	7.72×	1.46×	290	289	-5.56%	173
FY 2019 Q1	Mar 31, 2019	—	316	—	—	—	—	—	7.65×	1.43×	294	293	-5.48%	116
FY 2018 Q4	Dec 31, 2018	2,979	559	2,420	43.17×	55.24%	1.77×	3.66×	7.76×	1.64×	301.07	299.07	-3.85%	300
FY 2018 Q3	Sep 30, 2018	—	569	—	—	—	—	—	7.42×	1.71×	306	304	-2.88%	89
FY 2018 Q2	Jun 30, 2018	—	384	—	—	—	—	—	7.16×	1.67×	309	306	-2.86%	115
FY 2018 Q1	Mar 31, 2018	—	370	—	—	—	—	—	4.17×	1.69×	313	310	-2.21%	150
FY 2017 Q4	Dec 31, 2017	3,085	1,194	1,891	17.53×	56.21%	1.43×	5.34×	4.29×	1.97×	315.03	311.03	-2.82%	19
FY 2017 Q3	Sep 30, 2017	—	1,141	—	—	—	—	—	3.97×	1.94×	316	313	-3.99%	178
FY 2017 Q2	Jun 30, 2017	—	992	—	—	—	—	—	3.88×	1.95×	319	315	-3.96%	47
FY 2017 Q1	Mar 31, 2017	—	689	—	—	—	—	—	4.96×	2.08×	321	317	-3.94%	87
FY 2016 Q4	Dec 31, 2016	2,997	990	2,007	—	58.34%	1.69×	5.49×	4.6×	2.01×	324.04	320.04	-3.62%	217
FY 2016 Q3	Sep 30, 2016	—	1,041	—	—	—	—	—	4.38×	2.07×	329	326	-2.69%	74
FY 2016 Q2	Jun 30, 2016	—	956	—	—	—	—	—	4.14×	1.87×	331	328	-3.53%	82
FY 2016 Q1	Mar 31, 2016	—	2,175	—	—	—	—	—	4.37×	1.52×	333	330	-15.7%	86
FY 2015 Q4	Dec 31, 2015	3,423	1,468	1,955	59.02×	60.26%	1.87×	6.33×	4.06×	1.33×	332.1	332.07	-15.67%	49
FY 2015 Q3	Sep 30, 2015	3,400	1,279	2,121	121.43×	59.37%	—	6.07×	3.97×	2.27×	338	335	-15.89%	200
FY 2015 Q2	Jun 30, 2015	3,400	1,297	2,103	25.95×	57.93%	—	6.34×	3.68×	2.26×	344	340	-14.39%	104
FY 2015 Q1	Mar 31, 2015	3,900	1,578	2,322	4.07×	52.22%	—	6.96×	3.59×	1.89×	394.89	391.47	-1.99%	103
FY 2014 Q4	Dec 31, 2014	3,400	1,383	2,017	3.01×	47.44%	2.11×	7.17×	3.5×	1.75×	397.2	393.79	-1.96%	119
FY 2014 Q3	Sep 30, 2014	3,400	1,282	2,118	2.5×	46.11%	—	7.07×	3.25×	1.66×	401.71	398.3	0.29%	0
FY 2014 Q2	Jun 30, 2014	3,400	1,195	2,205	3.77×	47.05%	—	6.46×	3.28×	1.54×	400.58	397.16	0%	0
FY 2014 Q1	Mar 31, 2014	3,400	906	2,494	4.24×	49.42%	—	6.94×	3×	1.99×	402.85	399.44	0.29%	39
FY 2013 Q4	Dec 31, 2013	3,400	1,223	2,177	4.46×	49.04%	2.53×	6.55×	2.86×	1.95×	400.58	401.68	1.14%	0
FY 2013 Q3	Sep 30, 2013	—	1,011	—	—	—	—	—	2.32×	1.85×	400.58	397.16	0%	0
FY 2013 Q2	Jun 30, 2013	—	1,223	—	—	—	—	—	1.83×	1.7×	400.58	397.16	0%	0
FY 2013 Q1	Mar 31, 2013	—	1,032	—	—	—	—	—	1.2×	1.74×	400.58	398.3	0.29%	35
FY 2012 Q4	Dec 31, 2012	3,628	1,351	2,277	6.79×	52.77%	4.69×	22.4×	1.07×	1.73×	393.77	397.16	0.29%	0
FY 2012 Q3	Sep 30, 2012	—	1,166	—	—	—	—	—	-1×	1.65×	398.3	397.16	0.29%	0
FY 2012 Q2	Jun 30, 2012	—	1,853	—	—	—	—	—	-1×	1.56×	397.16	397.16	0.29%	0
FY 2012 Q1	Mar 31, 2012	—	1,788	—	—	—	—	—	-0.84×	1.64×	398.3	397.16	0%	8
FY 2011 Q4	Dec 31, 2011	4,025	1,656	2,369	5.42×	55.16%	—	45.74×	-1.16×	1.45×	396.02	396.02	-0.29%	0
FY 2011 Q3	Sep 30, 2011	791	1,610	-819	0.53×	9.63%	—	4.68×	-2.31×	1.49×	396.02	396.02	-0.29%	0
FY 2011 Q2	Jun 30, 2011	—	1,611	—	—	—	—	—	-2.31×	2.13×	397.16	396.02	0%	0
FY 2011 Q1	Mar 31, 2011	—	1,505	—	—	—	—	—	-2.17×	2.21×	397.16	397.16	-0.29%	30
FY 2010 Q4	Dec 31, 2010	4,098	1,715	2,383	2.59×	50.34%	—	12.49×	-1.99×	2.33×	397.16	397.16	-0.57%	0
FY 2010 Q3	Sep 30, 2010	—	1,537	—	—	—	—	—	0.42×	2.4×	397.16	397.16	-0.29%	0
FY 2010 Q2	Jun 30, 2010	—	1,384	—	—	—	—	—	0.59×	2.27×	397.16	396.02	-1.13%	0
FY 2010 Q1	Mar 31, 2010	—	1,378	—	—	—	—	—	0.58×	2.4×	398.3	398.3	—	45
FY 2009 Q4	Dec 31, 2009	3,968	1,413	2,555	1.41×	43.25%	8.52×	6.79×	0.24×	1.94×	399.44	399.44	—	0
FY 2009 Q3	Sep 30, 2009	—	1,199	—	—	—	—	—	—	1.89×	399.44	398.3	—	0
FY 2009 Q2	Jun 30, 2009	—	926	—	—	—	—	—	—	1.82×	398.3	400.56	—	0

Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · MAS, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt: Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents: Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt: Total debt − cash and equivalents. Negative means net cash.
Debt / equity: Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets: Total debt / total assets × 100.
Net debt / EBITDA: Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF: Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage: TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio: Current assets / positive current liabilities.
Diluted shares: Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares: Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth: Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases: Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.