Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $7,188 | $8,375 | $8,680 | $7,967 | $7,828 |
| Gross Profit | $2,587 | $2,863 | $2,713 | $2,836 | $2,831 |
| Operating Income | $1,295 | $1,405 | $1,297 | $1,348 | $1,363 |
| Net Income | $1,224 | $410 | $844 | $908 | $822 |
Over the five-year period, Masco Corporation’s revenue grew strongly from $7.19 billion in 2020 to a peak of $8.68 billion in 2022 before declining to $7.83 billion in 2024. Gross profit trends followed a similar trajectory, increasing from $2.59 billion in 2020 to a high of $2.86 billion in 2021, dipping slightly in 2022 to $2.71 billion, and then stabilizing around $2.83 billion in 2023 and 2024. Operating income rose steadily from $1.30 billion in 2020 to $1.41 billion in 2021, experienced a modest decline to $1.30 billion in 2022, before gently recovering to $1.36 billion by 2024. These trends suggest that while the company is able to generate strong topline revenue, pressures on margins as evidenced by the fluctuations in gross and operating income may be present. A notable outlier in the analysis is the steep drop in net income, which fell dramatically from $1.22 billion in 2020 to $410 million in 2021—a decline exceeding 66%—before rebounding to $844 million in 2022 and averaging around $865 million in the subsequent years. This substantial year-over-year swing in net income potentially highlights significant non-operational or one-time expenses, tax adjustments, or other exceptional factors impacting profitability during 2021. In the context of the home improvement and building products industry—where cost pressures, supply chain disruptions, and material price volatility can be common—the overall financial performance appears resilient. Despite revenue fluctuations and isolated dips in profitability, Masco Corporation’s underlying operating metrics suggest a sustainable business model with a capacity to navigate episodic challenges.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.