• Masco average return on tangible equity for 2024 was -106.89, a 31.82% decline from 2023.
• Masco average return on tangible equity for 2023 was -81.09, a 17.11% increase from 2022.
• Masco average return on tangible equity for 2022 was -69.24, a 12.03% increase from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.