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DCF valuation

What is Masco Corp worth?

With the base-case assumptions below, a discounted cash flow model on Masco Corp's reported free cash flow gives $47.79 per share. The share price was $68.85 on September 25, 2026, 44% above that value.

Inputs from the filings

Free cash flow, fiscal 2025
$866M
Average free cash flow, last 5 years
$872.2M
Cash
$388M
balance sheet of March 31, 2026
Debt
$2.95B
balance sheet of March 31, 2026
Diluted shares, fiscal 2025
210,000,000
Revenue growth per year, last 5 years
1.0%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear-4.0%-1.0%2.0%10.0%$25.20-63%
Base1.0%2.0%2.5%9.0%$47.79-31%
Bull6.0%4.5%3.0%8.0%$89.98+31%

Sensitivity: base case value per share

Discount rate down the side, growth after year 10 across the top. Everything else as in the base case.

1.5%2.0%2.5%3.0%3.5%
7.0%$63.53$68.26$74.05$81.28$90.57
8.0%$51.84$54.91$58.54$62.89$68.21
9.0%$43.27$45.37$47.79$50.62$53.95
10.0%$36.72$38.21$39.90$41.84$44.07
11.0%$31.55$32.65$33.87$35.24$36.80

Where the presets come from

Base: years 1 to 5 grow at Masco Corp's revenue growth rate over the last 5 fiscal years (1.0% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.

Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.

Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.

This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.

Adjust the assumptions

Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.

Adjust the assumptions

Masco Corp company page