Masco (MAS) risk factors, FY2025 10-K

Strategic Risks

1. 01Our business strategy is focused on residential repair and remodeling activity and, to a lesser extent, on new home construction activity, both of which are impacted by a number of economic and other factors
2. 02We may not achieve all of the anticipated benefits of our strategic initiatives
3. 03We may not be able to successfully execute our acquisition strategy or integrate businesses that we acquire

Business and Operational Risks

1. 04Variability in the cost and availability of our raw materials, components and finished products could impact our results of operations and financial position
2. 05We are dependent on suppliers and service providers
3. 06There are risks associated with our international operations and global strategies
4. 07We have been and may in the future be negatively impacted by adverse changes or uncertainty involving one or more of the factors listed above
5. 08The long-term performance of our businesses relies on our ability to attract, develop and retain a talented and workforce
6. 09Extreme weather events and changes in climate could adversely impact our results of operations and financial position
7. 10Restrictive covenants in our credit agreement could limit our financial flexibility
8. 11We could lose market share if we do not maintain our strong brands, develop innovative products or respond to changing consumer purchasing practices and preferences
9. 12Damage to our public image and reputation could adversely impact our results of operations and financial position33% rewritten
10. 13We face significant competition and operate in an evolving competitive landscape
11. 14In addition, we face competitive pricing pressure in the marketplace, including sales promotion programs, that could impact our market share or result in price reductions, which could adversely impact our results of operations and financial position
12. 15If we are unable to maintain our competitive position in our industries, our results of operations and financial position could be adversely impacted32% rewritten

Technology and Intellectual Property Risks

1. 16We are subject to cybersecurity attacks, which could adversely impact our results of operations and financial position
2. 17We rely on information systems and technology, and a breakdown or interruption of these systems could adversely impact our results of operations and financial position29% rewritten
3. 18We may not be able to adequately protect or prevent the unauthorized use of our intellectual property
4. 19Claims and litigation could be costly
5. 20Our failure to comply with laws, government regulations and other requirements could adversely impact our results of operations and financial position
6. 21In addition to complying with current requirements and known future requirements, we will be subject to new or more stringent requirements in the future