![Masco Corp [MAS] reports annual net loss of $960.0 million](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FMAS.png&w=3840&q=75)
Masco Corp [MAS] reports annual net loss of $960.0 million
Company Reports Revenue of $8.0 billion
MASCO CORP /DE/ [MAS] has reported a net loss of $960.0 million for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $8.0 billion
Based in LIVONIA, Michigan, MASCO CORP /DE/ operates in the MANUFACTURING sector.
In the 12 months ended December 31, 2023, Masco Corporation reported net sales of $7,967 million, compared to $8,680 million in the same period in 2022 and $8,375 million in 2021. The cost of sales for the same periods was $5,131 million, $5,967 million, and $5,512 million, respectively.
Gross profit for 2023 stood at $2,836 million, while it was $2,713 million in 2022 and $2,863 million in 2021. Operating profit was $1,348 million in 2023, up from $1,297 million in 2022 and slightly lower than the $1,405 million reported in 2021.
