Mohawk Industries Inc. (MHK) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q3 26	$2.58	$3.67	+42.2%	—	—	—
Q2 26	$1.81	$1.9	+5.0%	—	—	—
Q1 26	$2.61	$2.77	+6.1%	—	—	—
Q4 25	$1.41	$1.52	+7.8%	—	—	—
Q3 25	$1.85	$1.95	+5.4%	—	—	—
Q2 25	$2.89	$2.9	+0.3%	—	—	—
Q1 25	$2.75	$3	+9.1%	—	—	—
Q4 24	$1.68	$1.86	+10.7%	—	—	—
Q3 24	$1.86	$1.96	+5.4%	—	—	—
Q2 24	$2.65	$2.72	+2.6%	—	—	—
Q1 24	$2.65	$2.76	+4.2%	—	—	—
Q4 23	$1.3	$1.75	+34.6%	—	—	—
Q3 23	$1.32	$1.32	0.0%	—	—	—
Q2 23	$3.35	$3.34	-0.3%	—	—	—
Q1 23	$4.29	$4.41	+2.8%	—	—	—
Q4 22	$2.9	$3.78	+30.3%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$5.96	—	—	$10.8B	—
FY24	—	$8.18	—	—	$10.8B	—
FY23	—	-$6.9	—	—	$11.1B	—
FY22	—	$0.4	—	—	$11.7B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$9B	$9.5B	$10B	$10B	$9.6B	$11.2B	$11.7B	$11.1B	$10.8B	$10.8B
YoY change	+11%	+5.94%	+5.19%	-0.13%	-4.2%	+17.3%	+4.79%	-5.13%	-2.68%	-0.48%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	9B	9.5B	10B	10B	9.6B	11.2B	11.7B	11.1B	10.8B	10.8B
Cost of revenue	6.1B	6.5B	7.1B	7.3B	7.1B	7.9B	8.8B	8.4B	8.1B	8.2B
Gross profit	2.8B	3B	2.8B	2.7B	2.4B	3.3B	2.9B	2.7B	2.7B	2.6B
Gross margin	31.4%	31.6%	28.4%	26.8%	25.4%	29.2%	25.1%	24.3%	24.8%	23.9%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.5B	1.6B	1.7B	1.8B	1.8B	1.9B	2B	2.1B	2B	2.1B
Operating expenses	1.5B	1.6B	1.7B	1.8B	1.8B	1.9B	2B	2.1B	2B	2.1B
Operating income	1.3B	1.4B	1.1B	827.2M	636M	1.3B	940M	589.9M	702.9M	509.7M
Operating margin	14.3%	14.3%	11%	8.3%	6.66%	11.9%	8.01%	5.3%	6.49%	4.73%
Non-operating income, net	1.7M	-5.2M	-7.3M	-36.4M	751K	12.2M	-704.2M	-866.9M	-8.4M	-23.2M
Pretax income	1.2B	1.3B	1B	749.5M	584.4M	1.3B	183.9M	-354.5M	646M	468.7M
Income tax	307.6M	343.2M	184.3M	5M	68.6M	256.4M	158.1M	84.9M	128.2M	98.8M
Net income	933.6M	974.7M	864.9M	744.6M	515.7M	1B	25.8M	-439.4M	517.8M	369.9M
Net margin	10.4%	10.3%	8.66%	7.47%	5.4%	9.23%	0.22%	-3.95%	4.78%	3.43%
EBITDA	1.7B	1.8B	1.6B	1.4B	1.3B	1.9B	1.5B	1.2B	1.4B	1.2B
EPS	12.6	13.1	11.5	10.3	7.24	15	0.4	-6.9	8.18	5.96
Diluted EPS	12.5	13	11.5	10.3	7.22	14.9	0.39	-6.9	8.14	5.93

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	2.8B	2.6B	2.7B	2.8B	2.7B	2.6B	2.5B	2.8B	2.8B	2.7B	2.7B	3B
Cost of revenue	2.1B	2B	2B	2.1B	2B	2B	1.9B	2.1B	2.1B	2.1B	2.1B	2.2B
Gross profit	692M	642.3M	649.5M	723.8M	692.6M	621.8M	583.3M	714.4M	654.9M	622.2M	641.9M	795.1M
Gross margin	25%	24.6%	24.2%	25.8%	25.5%	23.6%	23.1%	25.5%	23.7%	23%	23.5%	26.6%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	549.6M	473.6M	502.9M	509.8M	480.3M	491.8M	487.3M	525.7M	518.2M	534M	530.1M	541.4M
Operating expenses	549.6M	473.6M	502.9M	509.8M	480.3M	491.8M	487.3M	525.7M	518.2M	534M	530.1M	541.4M
Operating income	142.4M	168.7M	146.6M	214M	212.3M	130M	96M	188.7M	136.7M	88.2M	111.8M	253.7M
Operating margin	5.15%	6.46%	5.47%	7.64%	7.81%	4.93%	3.8%	6.73%	4.96%	3.27%	4.1%	8.48%
Non-operating income, net	-867.6M	2.3M	1.1M	-1.6M	700K	-8.6M	500K	-3M	400K	-21M	-1.2M	-400K
Pretax income	-745.3M	153.6M	132.8M	199.8M	201.8M	111.5M	90.1M	180.5M	132.1M	66M	108.2M	248.5M
Income tax	15M	14.2M	27.8M	42.3M	39.8M	18.3M	17.5M	34M	23.3M	24M	-8.9M	52.3M
Net income	-760.3M	139.4M	105M	157.5M	162M	93.2M	72.6M	146.5M	108.8M	42M	117.1M	196.2M
Net margin	-27.5%	5.34%	3.92%	5.62%	5.96%	3.53%	2.87%	5.23%	3.95%	1.56%	4.29%	6.56%
EBITDA	300.4M	330.9M	304M	385.7M	372M	290.5M	247.6M	346.2M	310.4M	267.4M	293.6M	416.4M
EPS	-11.9	2.19	1.65	2.47	2.57	1.48	1.16	2.35	1.75	0.68	1.91	3.23
Diluted EPS	-11.9	2.18	1.64	2.46	2.55	1.48	1.15	2.34	1.75	0.68	1.9	3.22

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	14.8B	20.5B	8.7B	9.8B	10B	12.5B	6.5B	6.6B	7.5B	6.8B	8.4B
Enterprise value	17.2B	23.2B	11.8B	12.5B	11.8B	14.7B	9.1B	9.1B	9.5B	8.4B	9.1B
Shares outstanding	74.1M	74.4M	74.4M	72M	71.2M	68.9M	63.8M	63.7M	63.3M	62.1M	62.1M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	15.9	21	10.1	13.2	19.5	12.1	253	—	14.6	18.3	16.4
P/S	1.65	2.16	0.87	0.98	1.05	1.12	0.56	0.59	0.7	0.63	0.75
P/B	2.56	2.9	1.17	1.21	1.18	1.49	0.81	0.86	1	0.81	0.88
EV/EBITDA	10.1	12.8	7.29	8.83	9.37	7.55	5.86	7.3	7.03	7.16	6.04
EV/Sales	1.92	2.44	1.19	1.26	1.23	1.31	0.77	0.82	0.88	0.78	0.81
Earnings yield	6.31%	4.75%	9.94%	7.58%	5.14%	8.24%	0.4%	—	6.87%	5.45%	6.09%
FCF yield	4.55%	1.4%	4.45%	8.9%	13.4%	5.05%	1.36%	10.9%	9.01%	9.08%	11.5%
PEG	—	—	—	—	—	—	—	—	—	—	0.44

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	31.4%	31.6%	28.4%	26.8%	25.4%	29.2%	25.1%	24.3%	24.8%	23.9%	26.6%
Operating margin	14.3%	14.3%	11%	8.3%	6.66%	11.9%	8.01%	5.3%	6.49%	4.73%	9.78%
Net margin	10.4%	10.3%	8.66%	7.47%	5.4%	9.23%	0.22%	-3.95%	4.78%	3.43%	4.15%
ROE	16.1%	13.8%	11.6%	9.16%	6.04%	12.3%	0.32%	-5.76%	6.85%	4.41%	5.51%
ROA	9.13%	8.06%	6.6%	5.56%	3.6%	7.27%	0.18%	-3.24%	4.05%	2.7%	3.7%
ROIC	11.8%	10.3%	8.53%	7.57%	5.47%	10.1%	1.25%	5.82%	5.92%	4.03%	4.91%
Return on tangible assets	23.3%	18.2%	14.1%	11.7%	7.24%	14.3%	0.3%	-4.63%	5.77%	3.84%	4.71%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.28	1.53	1.38	1.63	2.26	1.78	1.92	1.78	2.06	2.19	1.92
Quick ratio	0.66	0.8	0.68	0.79	1.46	0.97	1.01	0.97	1.12	1.21	1.13
Debt / equity	0.43	0.39	0.44	0.36	0.36	0.32	0.4	0.41	0.35	0.29	0.28
Debt / assets	0.25	0.23	0.25	0.22	0.21	0.19	0.23	0.23	0.21	0.18	0.17
Net debt / EBITDA	1.41	1.48	1.93	1.92	1.37	1.1	1.65	2.01	1.45	1.37	1.17
Interest coverage	31.6	43.4	28	19.2	12.2	23.5	4.54	-3.57	14.3	27.3	42.4
Effective tax rate	24.8%	26%	17.6%	0.66%	11.7%	19.9%	86%	0%	19.8%	21.1%	16.3%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	120.9	127.6	134.2	138.5	134.1	162.7	183.9	174.9	171.2	173.7	182.2
EPS (basic)	12.6	13.1	11.5	10.3	7.24	15	0.4	-6.9	8.18	5.96	5.96
EPS (diluted)	12.5	13	11.5	10.3	7.22	14.9	0.39	-6.9	8.14	5.93	7.55
Book value per share	78	95	100	112.9	119.9	122.4	125.6	119.8	119.4	134.9	141.2
FCF per share	9.08	3.87	5.2	12.1	18.9	9.19	1.39	11.3	10.7	9.92	13.3
Cash per share	1.64	1.14	1.6	2.46	18.8	8.6	10.5	10.1	10.5	13.8	14.1
Capex per share	9.07	12.2	10.7	7.58	5.98	9.82	9.1	9.63	7.18	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	7.5%	9.55%	7.95%	5.47%	4.46%	6.04%	4.95%	5.5%	4.19%	—	—
Capex / operating cash flow	55.6%	77.8%	63.5%	38.7%	28.2%	71.7%	869.1%	94.9%	42.5%	—	—
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$2.8B	$2.6B	$2.7B	$2.8B	$2.7B	$2.6B	$2.5B	$2.8B	$2.8B	$2.7B	$2.7B	$3B
YoY change	-5.19%	-1.45%	-4.52%	-5.06%	-1.7%	+0.95%	-5.73%	+0.03%	+1.43%	+2.37%	+8.03%	+6.76%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	121.7M	84.9M	119M	177.3M	1.3B	591.9M	667.6M	642.5M	666.6M	856.1M
Receivables	1.4B	1.5B	1.6B	1.5B	1.6B	1.7B	1.7B	1.7B	1.7B	1.8B
Inventory	1.7B	1.9B	2.3B	2.3B	1.9B	2.4B	2.8B	2.6B	2.5B	2.7B
Total current assets	3.5B	4.1B	4.5B	4.4B	5.4B	5.2B	5.9B	5.6B	5.5B	6B
Property, plant & equipment	2.2B	2.9B	3.1B	3.2B	3.1B	3.2B	3.2B	3.3B	2.9B	2.9B
Goodwill & intangibles	6.2B	6.7B	7B	7B	7.2B	7B	5.6B	4.1B	3.8B	4B
Total assets	10.2B	12.1B	13.1B	13.4B	14.3B	14.2B	14.1B	13.6B	12.8B	13.7B
Accounts payable	729.4M	810M	811.9M	825M	1B	1.2B	1.1B	1B	978.5M	1.1B
Short-term debt	1.4B	1.2B	1.7B	1.2B	475.3M	728.9M	945.8M	1.1B	667.9M	411.7M
Total current liabilities	2.7B	2.7B	3.3B	2.7B	2.4B	2.9B	3.1B	3.1B	2.7B	2.7B
Long-term debt	1.1B	1.6B	1.5B	1.7B	2.6B	2B	2.3B	2B	2B	2B
Total liabilities	4.4B	5B	5.7B	5.3B	5.8B	5.8B	6.1B	5.9B	5.2B	5.3B
Shareholders' equity	5.8B	7.1B	7.4B	8.1B	8.5B	8.4B	8B	7.6B	7.6B	8.4B
Total debt	2.5B	2.8B	3.3B	2.9B	3.1B	2.7B	3.2B	3.1B	2.6B	2.5B
Net debt	2.4B	2.7B	3.1B	2.8B	2.3B	2.5B	2.7B	2.5B	2B	1.6B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	518.5M	642.5M	658.5M	497.4M	424M	666.6M	702.5M	546.7M	516.2M	856.1M	872.3M	849.6M
Receivables	1.8B	1.7B	1.9B	1.9B	1.9B	1.7B	2B	2.1B	2.1B	1.8B	1.9B	2.1B
Inventory	2.5B	2.6B	2.5B	2.6B	2.6B	2.5B	2.6B	2.7B	2.7B	2.7B	2.7B	2.6B
Total current assets	5.5B	5.6B	5.7B	5.6B	5.6B	5.5B	6B	6.1B	6B	6B	6.2B	6.3B
Property, plant & equipment	5.2B	3.3B	5.3B	5.2B	5.1B	2.9B	5B	5.2B	5.1B	2.9B	5.1B	5B
Goodwill & intangibles	4B	4.1B	4B	4B	4B	3.8B	3.9B	4.1B	4.1B	4B	4B	4B
Total assets	13.1B	13.6B	13.5B	13.3B	13.3B	12.8B	13.4B	13.8B	13.6B	13.7B	13.8B	13.8B
Accounts payable	1.1B	1B	1.1B	1.1B	1.1B	978.5M	1.1B	1.2B	1.2B	1.1B	1.2B	1.2B
Short-term debt	1B	1.1B	1B	827.9M	576.9M	667.9M	797.9M	575M	294.8M	411.7M	501.1M	881.4M
Total current liabilities	3.2B	3.1B	3.1B	2.9B	2.8B	2.7B	3B	2.9B	2.7B	2.7B	2.9B	3.3B
Long-term debt	2B	2B	2B	2B	2B	2B	2B	2.1B	2B	2B	2B	1.5B
Total liabilities	5.9B	5.9B	5.9B	5.6B	5.5B	5.2B	5.5B	5.5B	5.3B	5.3B	5.4B	5.3B
Shareholders' equity	7.3B	7.6B	7.6B	7.7B	7.9B	7.6B	7.9B	8.3B	8.3B	8.4B	8.4B	8.5B
Total debt	3B	3.1B	3.1B	2.8B	2.6B	2.6B	2.8B	2.6B	2.3B	2.5B	2.5B	2.4B
Net debt	2.5B	2.5B	2.4B	2.3B	2.2B	2B	2.1B	2.1B	1.8B	1.6B	1.7B	1.5B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	933.6M	974.7M	864.9M	744.6M	515.7M	1B	25.8M	-439.4M	517.8M	369.9M
Depreciation & amortization	409.5M	446.7M	521.8M	576.5M	607.5M	591.7M	595.5M	630.3M	638.3M	652.6M
Stock-based compensation	35.1M	36.3M	31.4M	23.6M	19.7M	25.7M	22.4M	21M	27.5M	30M
Change in working capital	-174.7M	-255.3M	-314.1M	82.2M	239.1M	-713.9M	-573.5M	460.9M	-117.3M	-42.5M
Operating cash flow	1.2B	1.2B	1.3B	1.4B	1.5B	942.9M	66.8M	645.6M	1.1B	1.1B
Capital expenditure	-672.1M	-906M	-794.1M	-545.5M	-425.6M	-676.1M	-580.7M	-612.9M	-454.4M	—
Investing cash flow	-672.1M	-1.2B	-1.3B	-616M	-954.8M	-556.8M	-625.3M	-970.3M	-454.4M	-1.9M
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	-13M	-13.9M	-284.1M	-100.1M	-188.6M	-900.3M	-307.6M	0	-162.8M	-149.8M
Financing cash flow	-21.6B	-16B	-17.4B	-16.4B	-6.2B	-1.8B	-19.2B	-17.6B	-10.8B	-9B
Net change in cash	-21B	-16.1B	-17.5B	-15.7B	-5.7B	-1.4B	-19.8B	-18B	-10.2B	-8B
Free cash flow	673.2M	287.6M	387.2M	873.3M	1.3B	633M	88.4M	716.3M	679.5M	616.2M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	-760.3M	139.4M	105M	157.5M	162.1M	93.2M	72.6M	146.4M	108.9M	42M	117.1M	196.2M
Depreciation & amortization	149.6M	154.2M	154.2M	171.5M	156.2M	156.4M	150.4M	155.6M	170.3M	176.3M	181.8M	159.3M
Stock-based compensation	5.3M	5.2M	6.8M	6.8M	7M	6.9M	7.6M	7.6M	7.4M	7.4M	7.4M	6.7M
Change in working capital	176.7M	172.1M	-159.2M	-118.1M	-17.5M	177.5M	-327M	-79.5M	19.3M	344.7M	-246.7M	-93.3M
Operating cash flow	-446.3M	487.5M	99.4M	217.4M	270M	481.3M	-108M	206.3M	386.6M	459.6M	110.1M	316.5M
Capital expenditure	-127.4M	-240.4M	-86.8M	-91.4M	-115.4M	-160.8M	-89.1M	—	—	—	—	—
Investing cash flow	-127.4M	-240.4M	-86.8M	-91.4M	-115.4M	-160.8M	-89.1M	—	—	—	—	—
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	0	0	—	—	-100K	-74.9M	-25.5M	-42.6M	-40.6M	-41.1M	-64.7M	-59.9M
Financing cash flow	-4.4B	-491.8M	-2.9B	-2.7B	-3B	-2.2B	-2.9B	-3.6B	-1.7B	-807.8M	-2.9B	-4.1B
Net change in cash	-5B	-244.7M	-2.9B	-2.6B	-2.9B	-1.9B	-3.1B	-3.4B	-1.3B	-348.2M	-2.8B	-3.8B
Free cash flow	384.6M	56M	96.9M	142.2M	204.2M	236.2M	-85.4M	126.1M	310.3M	265.2M	7.8M	228.2M

Mohawk Industries Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement