Masco
Masco returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | 35.94% | — | — | 16.56% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | 36.08% | — | — | 16.19% | — |
| FY 2025 Q4 | Dec 31, 2025 | 40.69% | 35.23% | -71.86% | — | 15.86% | 33 pp |
| FY 2025 Q3 | Sep 30, 2025 | — | 34.83% | — | — | 15.59% | — |
| FY 2025 Q2 | Jun 30, 2025 | — | 36.36% | — | — | 15.11% | — |
| FY 2025 Q1 | Mar 31, 2025 | — | 36.95% | — | — | 15.19% | — |
| FY 2024 Q4 | Dec 31, 2024 | 43.91% | 38.27% | — | — | 15.84% | 36.2 pp |
| FY 2024 Q3 | Sep 30, 2024 | — | 35.71% | — | — | 15.58% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | 36.96% | — | — | 17.11% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | 38.02% | — | — | 17.05% | — |
| FY 2023 Q4 | Dec 31, 2023 | 43.11% | 38.7% | — | — | 17.21% | 35.4 pp |
| FY 2023 Q3 | Sep 30, 2023 | — | 37.26% | — | — | 15.42% | — |
| FY 2023 Q2 | Jun 30, 2023 | — | 38.24% | — | — | 14.87% | — |
| FY 2023 Q1 | Mar 31, 2023 | — | 36.79% | — | — | 14.84% | — |
| FY 2022 Q4 | Dec 31, 2022 | 43.48% | 37.41% | 2.23% | — | 15.68% | 35.8 pp |
| FY 2022 Q3 | Sep 30, 2022 | — | 38.5% | — | — | 15.64% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | 41.05% | — | — | 15.85% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | 38.39% | — | — | 9.85% | — |
| FY 2021 Q4 | Dec 31, 2021 | 49.07% | 37.57% | -5.45% | 5,075% | 7.22% | 41.4 pp |
| FY 2021 Q3 | Sep 30, 2021 | — | 39.56% | — | 6,213.33% | 8.47% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | 45.13% | — | — | 9.85% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | 40.07% | — | — | 15.13% | — |
| FY 2020 Q4 | Dec 31, 2020 | 50.49% | 35.37% | — | — | 22.66% | 42.8 pp |
| FY 2020 Q3 | Sep 30, 2020 | — | 31.09% | — | — | 26.71% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | 30.67% | — | — | 24.34% | — |
| FY 2020 Q1 | Mar 31, 2020 | — | 31.47% | — | — | 25.84% | — |
| FY 2019 Q4 | Dec 31, 2019 | 36.12% | 30.27% | — | — | 17.95% | 28.4 pp |
| FY 2019 Q3 | Sep 30, 2019 | — | 32.89% | — | — | 12.15% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | 32.34% | — | — | 13.01% | — |
| FY 2019 Q1 | Mar 31, 2019 | — | 31.28% | — | — | 12.48% | — |
| FY 2018 Q4 | Dec 31, 2018 | 40% | 32% | 30.49% | — | 13.49% | 32.3 pp |
| FY 2018 Q3 | Sep 30, 2018 | — | 30.35% | — | — | 11.3% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | 30.37% | — | — | 10.77% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | 30.42% | — | — | 10.07% | — |
| FY 2017 Q4 | Dec 31, 2017 | 39.41% | 31.68% | 64.44% | — | 10.03% | 31.7 pp |
| FY 2017 Q3 | Sep 30, 2017 | — | 29.33% | — | — | 10.02% | — |
| FY 2017 Q2 | Jun 30, 2017 | — | 29.22% | — | — | 9.8% | — |
| FY 2017 Q1 | Mar 31, 2017 | — | 28.66% | — | — | 8.93% | — |
| FY 2016 Q4 | Dec 31, 2016 | 34.59% | 30.74% | — | — | 9.08% | 26.9 pp |
| FY 2016 Q3 | Sep 30, 2016 | — | 26.16% | — | — | 8.43% | — |
| FY 2016 Q2 | Jun 30, 2016 | — | 26.07% | — | — | 7.95% | — |
| FY 2016 Q1 | Mar 31, 2016 | — | 21.78% | — | 123.17% | 5.71% | — |
| FY 2015 Q4 | Dec 31, 2015 | 20.37% | 22.48% | — | 88.72% | 5.53% | 12.7 pp |
| FY 2015 Q3 | Sep 30, 2015 | — | 19.77% | — | 76.11% | 5.8% | — |
| FY 2015 Q2 | Jun 30, 2015 | — | 18.71% | — | 250.08% | 12.4% | — |
| FY 2015 Q1 | Mar 31, 2015 | — | 15.49% | — | 124.87% | 11.79% | — |
| FY 2014 Q4 | Dec 31, 2014 | — | 15.59% | — | 115.01% | 12.14% | — |
| FY 2014 Q3 | Sep 30, 2014 | — | 14.51% | — | 96.98% | 11.1% | — |
| FY 2014 Q2 | Jun 30, 2014 | — | 15.23% | — | 68.14% | 5.05% | — |
| FY 2014 Q1 | Mar 31, 2014 | — | 13.71% | — | 69.67% | 4.38% | — |
| FY 2013 Q4 | Dec 31, 2013 | 17.63% | 13.24% | — | 62.08% | 3.94% | 9.9 pp |
| FY 2013 Q3 | Sep 30, 2013 | — | 10.82% | — | 28.69% | 1.99% | — |
| FY 2013 Q2 | Jun 30, 2013 | — | 8.64% | — | 12.23% | 0.7% | — |
| FY 2013 Q1 | Mar 31, 2013 | — | 5.83% | — | -24.49% | -1.38% | — |
| FY 2012 Q4 | Dec 31, 2012 | — | 5.45% | — | -27.33% | -1.61% | — |
| FY 2012 Q3 | Sep 30, 2012 | — | -4.81% | — | -69.55% | -7.88% | — |
| FY 2012 Q2 | Jun 30, 2012 | — | -4.36% | — | -66.74% | -7.16% | — |
| FY 2012 Q1 | Mar 31, 2012 | — | -3.57% | — | -52.94% | -6.2% | — |
| FY 2011 Q4 | Dec 31, 2011 | — | -5.09% | — | -60.49% | -7.45% | — |
| FY 2011 Q3 | Sep 30, 2011 | — | -8.7% | — | -55.09% | -11.86% | — |
| FY 2011 Q2 | Jun 30, 2011 | — | -8.23% | — | -57.42% | -12.23% | — |
| FY 2011 Q1 | Mar 31, 2011 | — | -7.73% | — | -56.45% | -12.34% | — |
| FY 2010 Q4 | Dec 31, 2010 | — | -7.1% | — | -52.13% | -12.05% | — |
| FY 2010 Q3 | Sep 30, 2010 | — | 1.34% | — | -7.27% | -2.06% | — |
| FY 2010 Q2 | Jun 30, 2010 | — | 1.83% | — | -6.13% | -1.72% | — |
| FY 2010 Q1 | Mar 31, 2010 | — | — | — | — | — | — |
| FY 2009 Q4 | Dec 31, 2009 | — | — | — | — | — | — |
| FY 2009 Q3 | Sep 30, 2009 | — | — | — | — | — | — |
| FY 2009 Q2 | Jun 30, 2009 | — | — | — | — | — | — |
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.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · MAS, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.