Fourth Quarter and Full Year 2022 Earnings Presentation
Decorative Architectural Products Segment
Quarter Highlights
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●
●
Total segment sales decreased 8%
Revenue of paints and other coating products
decreased mid-single digits
PRO paint sales grew mid-single digits
DIY paint sales declined low-double digits
Operating profit impacted by lower volumes and
higher material costs, partially offset by higher net
selling prices
MASCO
($ in Millions)
Revenue
Y-O-Y Change
Operating Profit*
Y-O-Y Change
Operating Margin*
Y-O-Y Change
* Excludes business rationalization charges for the fourth quarter and the full year 2022 of $8 million and $17
million, respectively, and for the fourth quarter and the full year 2021 of $2 million each. The fourth quarter and
full year of 2022 also excludes impairment charges for goodwill and other intangible assets of $26 million, and
the fourth quarter and full year of 2021 excludes a goodwill impairment charge of $45 million each.
Fourth
Quarter
2022
$727
(8%)
$101
($31)
Full
Year
2022
13.9%
(270) bps
$3,428
6%
$608
($20)
17.7%
(170) bps
CAR
INTERIDE EGGSHELL ENA
BEHR
ULTRA
SCUFF DEFENSE
BLOCKING PAINT & TE
LIFETIME WALBANTY
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