stockrow
Wednesday 4 November 2026
Export MHK’s income statement to Excel — free account
Mohawk Industries, Inc.
MHK Consumer Cyclical Furnishings Fixtures & Appliances
Mohawk Industries, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $10.8 billion, roughly unchanged from fiscal 2024.
- Revenue
- +1.02%
- EPS
- +56.0%
- Free cash flow
- +25.8%
- Total debt
- −7.10%
Quarter to September 2026, against a year earlier
153.65
8.29
+5.70%
Follow MHK
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 8,959 | 9,491 | 9,984 | 9,971 | 9,552 | 11,201 | 11,737 | 11,135 | 10,837 | 10,785 | 11,206 | +2.1% | 11,171 | 11,346 | 11,729 | +2.8% | |
| Gross margin, % | 31.40 | 31.57 | 28.43 | 26.84 | 25.45 | 29.18 | 25.08 | 24.30 | 24.79 | 23.87 | 24.71 | (7.5) pt | ||||||
| EBT | 1,241 | 1,318 | 1,049 | 750 | 584 | 1,290 | 184 | (364) | 643 | 469 | 606 | (10.3%) | ||||||
| EBT margin, % | 13.85 | 13.88 | 10.51 | 7.52 | 6.12 | 11.52 | 1.57 | (3.27) | 5.93 | 4.35 | 5.41 | (9.5) pt | ||||||
| Net income | 934 | 975 | 865 | 745 | 516 | 1,034 | 26 | (449) | 515 | 370 | 519 | (9.8%) | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 120.90 | 127.64 | 134.17 | 138.51 | 134.13 | 162.68 | 183.97 | 174.81 | 171.20 | 173.68 | 187.39 | +4.1% | |||||
| Earnings | 12.55 | 13.07 | 11.53 | 10.34 | 7.24 | 15.01 | 0.40 | (6.90) | 8.18 | 5.96 | 8.55 | (7.9%) | ||||||
| Cash flow | 18.15 | 16.05 | 15.88 | 19.71 | 24.85 | 19.01 | 10.49 | 20.87 | 17.91 | 17.01 | 22.70 | (0.7%) | ||||||
| Capex | (9.07) | (12.18) | (10.67) | (7.58) | (5.98) | (9.82) | (9.10) | (9.62) | (7.18) | (7.09) | (7.79) | (2.7%) | ||||||
| Free cash flow | 9.08 | 3.87 | 5.20 | 12.13 | 18.88 | 9.19 | 1.39 | 11.24 | 10.73 | 9.92 | 14.91 | +1.0% | ||||||
| Book value | 78.05 | 95.04 | 99.98 | 112.89 | 119.94 | 122.41 | 125.67 | 119.77 | 118.72 | 134.92 | 138.90 | +6.3% | ||||||
| Shares, m | 74 | 74 | 74 | 72 | 71 | 69 | 64 | 64 | 63 | 62 | 61 | (1.9%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 16.08 | 21.12 | 10.14 | 13.20 | 19.47 | 12.17 | 323.82 | 0.00 | 14.58 | 18.40 | 16.98 | 44.9 | |||||
| P/S | 1.67 | 2.16 | 0.87 | 0.98 | 1.05 | 1.12 | 0.58 | 0.60 | 0.70 | 0.63 | 0.77 | 1.0 | ||||||
| P/B | 2.59 | 2.90 | 1.17 | 1.21 | 1.18 | 1.49 | 0.85 | 0.88 | 1.00 | 0.81 | 1.05 | 1.4 | ||||||
| EV/Sales | 1.94 | 2.44 | 1.19 | 1.22 | 1.20 | 1.27 | 0.76 | 0.79 | 0.84 | 0.74 | 0.86 | 1.2 | ||||||
| EV/FCF | 25.76 | 80.67 | 30.58 | 13.98 | 8.50 | 22.55 | 101.35 | 12.24 | 13.41 | 12.92 | 10.82 | 32.2 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 1,345 | 1,194 | 1,181 | 1,419 | 1,770 | 1,309 | 669 | 1,329 | 1,134 | 1,056 | 1,357 | (2.7%) | |||||
| Capex | (672) | (906) | (794) | (545) | (426) | (676) | (581) | (613) | (454) | (440) | (466) | (4.6%) | ||||||
| Free cash flow | 673 | 288 | 387 | 873 | 1,344 | 633 | 89 | 716 | 680 | 616 | 892 | (1.0%) | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 753 | 1,418 | 1,243 | 1,717 | 2,992 | 2,292 | 2,825 | 2,458 | 2,783 | 3,245 | 2,892 | +17.6% | |||||
| Net debt | 2,390 | 2,679 | 3,139 | 2,393 | 1,394 | 1,733 | 2,152 | 2,061 | 1,570 | 1,174 | 966 | (7.6%) | ||||||
| Shareholders’ equity | 5,783 | 7,067 | 7,440 | 8,126 | 8,541 | 8,428 | 8,018 | 7,629 | 7,515 | 8,379 | 8,306 | +4.2% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 9.23 | 8.70 | 6.81 | 5.62 | 3.72 | 7.24 | 0.18 | (3.24) | 3.91 | 2.80 | 3.83 | (6.4) pt | |||||
| ROIC | 9.79 | 8.68 | 6.47 | 4.92 | 4.00 | 8.21 | 1.50 | (1.88) | 4.77 | 3.20 | 4.19 | (6.6) pt | ||||||
| ROE | 17.48 | 15.12 | 11.83 | 9.56 | 6.19 | 12.18 | 0.31 | (5.74) | 6.80 | 4.65 | 6.23 | (12.8) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 37,800 | 38,800 | 42,100 | 41,800 | 42,000 | 43,000 | 40,900 | 43,300 | 41,900 | 40,500 | — | +0.8% | |||||
| Revenue/emp, $m | 0.24 | 0.24 | 0.24 | 0.24 | 0.23 | 0.26 | 0.29 | 0.26 | 0.26 | 0.27 | — | +1.3% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 3 Nov 2026
Business profile
Where the money comes from and where it goes Fiscal 2025
| Global Ceramic | 4,289 | 39.77% |
|---|---|---|
| Flooring NA | 3,639 | 33.74% |
| Flooring ROW | 2,858 | 26.49% |
| Gross margin | 23.87% | |
| Operating margin | 4.54% | |
| Pre-tax margin | 4.35% |
Mohawk Industries, Inc. vs peers in Furnishings Fixtures & Appliances (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| SN SharkNinja, Inc. | $29.7B | 42.6× | 34.3× | +22.19% (above 0%: growing) | −7.07% (below 0%: shrinking) | +1,132.52% (above 0%: growing) | 48.73% | 10.16% | Compare |
| SGI Somnigroup International Inc. | $15.1B | 25.6× | 21.5× | −3.05% (below 0%: shrinking) | +12.77% (above 0%: growing) | +21.55% (above 0%: growing) | 44.81% | 11.06% | Compare |
| MHK Mohawk Industries, Inc. | $8.5B | 17.0× | 15.0× | +1.02% (above 0%: growing) | +55.95% (above 0%: growing) | +25.78% (above 0%: growing) | 25.47% | 6.74% | |
| ALH Alliance Laundry Holdings Inc. | $4.4B | 23.7× | 19.1× | +6.61% (above 0%: growing) | +92.52% (above 0%: growing) | +2,126.43% (above 0%: growing) | 39.83% | 22.16% | Compare |
| HNI HNI Corporation | $3.5B | 109× | 19.2× | +132.95% (above 0%: growing) | +36.67% (above 0%: growing) | +44.13% (above 0%: growing) | 42.60% | 8.58% | Compare |
| TILE Interface, Inc. | $2.2B | 15.2× | 15.3× | +5.37% (above 0%: growing) | +58.93% (above 0%: growing) | +14.82% (above 0%: growing) | 45.00% | 18.93% | Compare |
| WHR Whirlpool Corporation | $2.0B | — (loss-making) | — (loss-making) | −8.83% (below 0%: shrinking) | n/m | +267.31% (above 0%: growing) | 12.86% | 0.11% | Compare |
| MLKN MillerKnoll, Inc. | $1.5B | 15.2× | 12.8× | −3.38% (below 0%: shrinking) | +31.03% (above 0%: growing) | +177.93% (above 0%: growing) | 41.73% | 5.61% | Compare |
| MBC MasterBrand, Inc. | $1.4B | — (loss-making) | — | +11.53% (above 0%: growing) | n/m | +83.07% (above 0%: growing) | 25.21% | (3.41%) | Compare |
| Median of peers | $2.8B | 24.7× | 19.2× | +5.99% | +33.85% | +130.50% | 42.16% | 9.37% |
From the latest earnings call
- CEO Paul De Cock said demand weakened as the quarter ended and remained soft across most products and channels in October, particularly among builders.
- CFO Nick Manthey said Mohawk plans for market volumes to decline next year and expects pricing, product mix and productivity to offset inflation.
Largest institutional holders 13F, quarter to 30 June 2026
Held by institutions
79.71%
Held by the ten largest
45.54%
| Holder | Shares | Stake | Change |
|---|---|---|---|
| BlackRock | 6.41m | 9.46% | +40.16k |
| Vanguard | 5.30m | 7.82% | −216.50k |
| AQR Capital Management | 4.07m | 6.00% | −211.99k |
| Dimensional Fund Advisors | 3.29m | 4.85% | +65.91k |
| BRANDES INVESTMENT PARTNERS, LP | 2.80m | 4.13% | +179.10k |
| Fidelity (FMR) | 2.52m | 3.73% | +199.42k |
| ARIEL INVESTMENTS, LLC | 1.75m | 2.59% | +12.11k |
| State Street | 1.70m | 2.50% | −11.03k |
| MFS Investment Management | 1.54m | 2.28% | −18.56k |
| JPMorgan Chase | 1.48m | 2.18% | −580.22k |
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.
Pay and ownership Proxy statement filed 3 April 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2025 | 5.18m | 4.81m | 77.55 |
| 2024 | 4.78m | 6.03m | 84.52 |
| 2023 | 4.43m | 4.50m | 73.43 |
| 2022 | 4.26m | 2.40m | 72.52 |
| 2021 | 5.19m | 6.09m | 129.25 |
Ownership
Directors and executive officers, together
17.90%
Jeffrey S. Lorberbaum
16.50%
Aladdin Partners, L.P.
13.30%
BlackRock, Inc.
9.90%
Dimensional Fund Advisors LP
5.10%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement
Mohawk Industries, Inc. (MHK) Latest News
31 Oct
30 Oct
29 Oct
22 Oct
22 Sep
16 Sep
4 Aug
1 Aug
31 Jul
MHK metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
Mohawk Industries makes and distributes flooring and other surfaces for homes and commercial buildings. Its products are used both when buildings are constructed and when existing spaces are renovated. Founded in 1878 and headquartered in Calhoun, the company is led by CEO Paul De Cock.
The range includes ceramic and porcelain tile, carpet, rugs, laminate, wood, luxury vinyl tile and other vinyl flooring. Mohawk also sells countertops, porcelain slabs and installation materials. In Europe, it makes building products such as insulation boards, roofing panels and decorative panels.