Masco (MAS) Revenue — Quarter Ended Dec 31, 2023
Masco Corporation reported a decline in revenue for the fourth quarter compared to both the prior quarter and the same period a year ago. The company’s results reflect ongoing challenges in the home improvement and building products market.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Masco Corporation reported a decline in revenue for the fourth quarter compared to both the prior quarter and the same period a year ago. The company’s results reflect ongoing challenges in the home improvement and building products market.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.9B
Revenue reported for this quarter.
Quarter-over-quarter
-4.9%
Change from the immediately preceding quarter.
Year-over-year
-2.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $2B | -10.1% |
| Jun 30, 2023 | $2.1B | -9.6% |
| Sep 30, 2023 | $2B | -10.2% |
| Dec 31, 2023 | $1.9B | -2.1% |
Revenue performance
Revenue decreased from the immediately preceding quarter, continuing a trend of sequential declines observed throughout the fiscal year.
Quarterly comparison
Compared to the same quarter in the prior year, revenue also contracted, albeit at a slower pace than the sequential drop.
What to watch
Monitor whether the company’s strategic pillars and acquisitions can stabilize revenue in upcoming quarters.