Risk Sleuth
MAS · 10-K filed 10 Feb 2026 · year to 31 Dec 2025

Masco

22 named things its latest annual report says its results depend on, each in the company's own words. 17 of them are also named by other companies we've read.

Read the filing on SEC.gov ↗

Customers

Lowe's

earns from · less than 10 percent of our consolidated net salesnamed as a risk
Although other retailers, dealers, distributors, wholesalers and homebuilders represent other channels of distribution for our products and services, we might not be able to quickly replace, or replace at all, the loss of a substantial portion of our sales to The Home Depot or the loss of all of our sales to either Ferguson or Lowe’s.Risk factors (Item 1A)

Also named by AOS, DE, HLMN, SMG, SWK, SYF, TREX, WHR

The Home Depot

earns from · $2.9 billion (approximately 38 percent of our consolidated net sales)named as a risk
In 2025, our net sales to The Home Depot were $2.9 billion (approximately 38 percent of our consolidated net sales), and our net sales to Ferguson and Lowe’s were each less than 10 percent of our consolidated net sales.Risk factors (Item 1A)

Also named by DE, HLMN, O, SMG, SWK, TREX

Ferguson

earns from · less than 10 percent of our consolidated net salesnamed as a risk
Although other retailers, dealers, distributors, wholesalers and homebuilders represent other channels of distribution for our products and services, we might not be able to quickly replace, or replace at all, the loss of a substantial portion of our sales to The Home Depot or the loss of all of our sales to either Ferguson or Lowe’s.Risk factors (Item 1A)

Partners and platforms

The Home Depot

named as a risk
The granting of exclusivity affects our ability to sell those products and brands to other customers, and the loss of this segment’s sales to The Home Depot would have a material adverse effect on this segment’s business and on our consolidated business as a whole.Business (Item 1)

Also named by DE, HLMN, O, SMG, SWK, TREX

Other companies

Architectural coatings

concentrated in · approximately 31 percent of our consolidated net sales in 2025
Net sales of architectural coatings comprised approximately 31 percent of our consolidated net sales in 2025 and 32 percent of our consolidated net sales in 2024 and 2023.Business (Item 1)

Competitors

The Sherwin-Williams Company

competes with
Our competitors in this segment include large national and international brands such as Benjamin Moore & Co., Pittsburgh Paints Co.'s Glidden, Olympic, Pittsburgh Paints and Stains and PPG Paints brands, RPM International Inc.'s Rust-Oleum and Zinsser brands, The Sherwin‑Williams Company's Minwax, Sherwin-Williams, Thompson’s Water Seal, Valspar and Purdy brands and the Wooster Brush Company, as well as many regional and other national brands.Business (Item 1)

Also named by PPG, RPM

Fortune Brands Innovations (Moen)

competes with
Competitors of the majority of our products in this segment include Dornbracht GmbH & Co. KG, Fortune Brands Innovations, Inc.'s Moen, Rohl and Riobel brands, Kohler Co., Lixil Group Corporation’s American Standard and Grohe brands, Spectrum Brands Holdings, Inc.'s Pfister faucets, Villeroy & Boch's Ideal Standard brand, Zurn Elkay Water Solutions Corporation, as well as private label and digitally native brands.Business (Item 1)

Places

Europe

earns from · 21 percent of our salesnamed as a risk
In 2025, 21 percent of our sales were made outside of North America (particularly in Europe) and transacted in currencies other than the U.S. dollar.Risk factors (Item 1A)

Also named by ADSK, AME, AMRC, ATR, BCSF, BKNG, BMI, BMY and 60 more

Mexico

operates innamed as a risk
In addition to our European operations, we manufacture products in other locations, including Asia and Mexico and source products and components from third parties globally.Risk factors (Item 1A)

Also named by AAP, AME, AMRC, ANET, AOS, ARES, AYI, AZO and 83 more

Asia

operates innamed as a risk
In addition to our European operations, we manufacture products in other locations, including Asia and Mexico and source products and components from third parties globally.Risk factors (Item 1A)

Also named by AAPL, AYI, CART, CB, CDW, CHD, CLS, COHR and 31 more

Commodities and inputs

Copper

exposed to its pricenamed as a risk
Many of our plumbing products contain brass, the major components of which are copper and zinc.Business (Item 1)

Also named by AAON, AGX, AMKR, APG, APH, APLD, BMI, BWA and 58 more

Crude oil

exposed to its pricenamed as a risk
In addition, the prices of crude oil, natural gas, propylene and certain petroleum by-products can impact our costs and results of operations in this segment.Business (Item 1)

Also named by AESI, ALK, APA, ARLP, BDX, CFR, CL, CLMT and 48 more

Natural gas

exposed to its pricenamed as a risk
In addition, the prices of crude oil, natural gas, propylene and certain petroleum by-products can impact our costs and results of operations in this segment.Business (Item 1)

Also named by AA, ADM, AEE, AEP, AES, AESI, AGX, ALB and 132 more

Euro

exposed to its pricenamed as a risk
Unfavorable currency exchange rates, particularly the euro, the Chinese renminbi, the Canadian dollar, the British pound sterling and the Mexican peso, have in the past adversely impacted us, and could adversely impact us in the future.Risk factors (Item 1A)

Also named by ABBV, ABNB, ABT, ADBE, ADI, AME, AMG, AMGN and 186 more

Chinese renminbi

exposed to its pricenamed as a risk
Unfavorable currency exchange rates, particularly the euro, the Chinese renminbi, the Canadian dollar, the British pound sterling and the Mexican peso, have in the past adversely impacted us, and could adversely impact us in the future.Risk factors (Item 1A)

Also named by AAOI, ALB, AOS, APD, BBW, BWA, CGNX, COHR and 15 more

Water

depends onnamed as a risk
In addition, water is a significant component of our architectural coatings products and may be subject to shortages and restrictions on supply in certain regions, due to climate-related and other influences.Risk factors (Item 1A)

Also named by ADM, BF/B, CDE, CELH, CNX, CRGY, DE, EOG and 9 more

Zinc

exposed to its pricenamed as a risk
Many of our plumbing products contain brass, the major components of which are copper and zinc.Business (Item 1)

Also named by CDE, FBIN, HL, HLMN, JBI, LFUS, LNN, MLI and 6 more

Brass

exposed to its pricenamed as a risk
We have encountered price volatility for brass, brass components and any components containing copper and zinc.Business (Item 1)

Also named by BMI, EMR, FBIN, LECO, MLI, WTS

Propylene

exposed to its pricenamed as a risk
In addition, the prices of crude oil, natural gas, propylene and certain petroleum by-products can impact our costs and results of operations in this segment.Business (Item 1)

Also named by EMN, OLN, SHW

Titanium dioxide

exposed to its pricenamed as a risk
The price for titanium dioxide can fluctuate as a result of global supply and demand dynamics and production capacity limitations, which can have a material impact on our costs and results of operations in this segment.Business (Item 1)

Also named by PPG, SHW

Acrylic resins

exposed to its pricenamed as a risk
The price of acrylic resins fluctuates based on the price of its components, which can have a material impact on our costs and results of operations in this segment.Business (Item 1)

Laws and programs

China tariffs

subject tonamed as a risk
In particular, we have experienced and may continue to experience significantly higher costs as a result of increased duties and tariffs, mainly in our Plumbing Products segment, due to duties and tariffs related to China and other international jurisdictions as well as related to materials.Risk factors (Item 1A)