- Business
- Masco Corporation (NYSE: MAS; LSE: 0JZ1.L), founded in 1929 and headquartered in Livonia, Michigan, designs, manufactures, markets, and distributes branded home improvement and building products primarily for the residential repair, remodel, and new construction markets in North America, Europe, and select international regions. The company operates through two main segments: Plumbing Products, which offers faucets, plumbing fittings and valves, showerheads and handheld showers, bath hardware and accessories, bathtubs, shower bases and enclosures, toilets, spas, exercise pools, fitness systems, and water handling systems; and Decorative Architectural Products, which provides architectural coatings including paints, primers, stains, and waterproofing products, glass shower doors, shower accessories, and cabinet, door, and window hardware. With over 18,000 employees and approximately 38 manufacturing facilities worldwide, Masco serves professional contractors, retailers, distributors, and homeowners through industry-leading brands. In recent developments, the company increased its capital allocation for share buybacks or mergers and acquisitions from $450 million to $500 million as announced in its third quarter 2025 earnings, targets 3%-5% organic sales growth supplemented by bolt-on acquisitions in plumbing and coatings, and continues to focus on margin expansion amid tariff impacts through sourcing changes and cost reductions, while maintaining a portfolio streamlined from prior divestitures of installation, windows, cabinets, and lighting businesses.