Mohawk Industries Inc
🔔 Watch stock
Assessment
Our Rating
A journalistic assessment by our editorial team at the time of the deep dive — it rates the company, not the entry point. Not investment advice and not a solicitation to buy or sell.
The business works in principle, but one material question is open. As long as it stays open, our findings do not carry a quality verdict.
Why this colour
Yellow here stands for earnings and cycle risk, not a threat to substance. Against red: a 60.8 percent equity ratio, an Altman Z-score of 8.49, a Piotroski score of 8 out of 9, $1,056.2 million of operating cash flow in 2025, a $1,500 million credit facility running to 2031 with its coverage covenant over-covered tenfold, and a price below book value. Against green, equally documented: the third consecutive decline in sales, operating income down 29 percent in 2025, a quarterly increase built on shipping days and currency while volume fell by roughly $100 million, an effective tax rate of negative 8.2 percent in the first quarter of 2026, and a home segment running at a 0.4 percent operating margin.
What the thesis turns on
Assessment: Opportunities & Risks
Mohawk Industries is exceptionally solid financially and has not yet turned operationally. The balance sheet carries 60.8 percent equity, interest expense has been cut to a quarter in two years to $17.8 million, $1,056.2 million of operating cash came in during a poor year, and the stock trades below its own book value. Against that stands a quarterly increase that the filing itself explains three quarters of with shipping days, exchange rates and a year-earlier comparison, while volume fell by roughly $100 million and the earnings jump came from an effective tax rate of negative 8.2 percent. The leverage sits with the housing market and with Flooring North America, which managed an operating margin of just 0.4 percent in the first quarter of 2026. Not investment advice.
Balance sheet and funding
At April 4, 2026, $8,379.7 million of equity stands against total assets of $13,791.1 million — an equity ratio of 60.8 percent. Interest expense fell from $77.5 million (2023) through $48.5 million (2024) to $17.8 million (2025). On May 12, 2026 a $1,500 million unsecured facility maturing in 2031 replaced the 2019 agreement; the sole financial covenant is interest coverage of 3.50, and the company runs at roughly 37.
Earnings power
Sales fell three years running: $11,135.1 million (2023), $10,836.9 million (2024), $10,785.4 million (2025). Operating income dropped 29 percent to $489.8 million in 2025, net earnings from $514.7 million to $369.9 million and earnings per share from $8.09 to $5.93. The 2025 net margin was 3.4 percent.
Validity of the hook
The turnaround checklist scores 6 of 8 points at the July 27, 2026 measurement and rank 34 of 60 hits in the U.S. selection. The two missing points are the most telling ones: the net margin has not turned (4.3 percent in the first quarter of 2026 against 5.2 percent in the second quarter of 2025) and there is no net insider buying (zero purchases against twenty sales over twelve months). The mandatory pillars — a roughly 60 percent gap to the all-time closing high of $284.82 on December 1, 2017 and survival with an Altman Z of 8.49 — are met beyond argument.
Quality of the quarterly result
Of the $202.9 million sales increase in the first quarter of 2026, the quarterly report attributes roughly $143 million to more shipping days, roughly $127 million to exchange rates and $50 million to a year-earlier comparison; volume fell by roughly $100 million. The jump in net earnings to $117.1 million rests on an effective tax rate of negative 8.2 percent — at the 21.1 percent full-year 2025 rate, roughly $85 million would remain.
Segment picture
Flooring North America turned $880.0 million of first-quarter 2026 sales into just $3.8 million of operating income — a margin of 0.4 percent after 1.1 percent a year earlier. Across full-year 2025 the segment result nearly halved from $237.3 million to $113.6 million. Global Ceramic (4.7 percent) and Flooring Rest of the World (9.4 percent) carry the group.
Valuation and shareholder returns
At roughly $6.9 billion of market value (data as of July 27, 2026) the stock trades at a price-to-book of roughly 0.82, below book value of roughly $137 per share, and at an enterprise value to EBITDA of roughly 7.2. There is no dividend, but a $500 million repurchase program of which $64.3 million was deployed in the first quarter of 2026 alone and $355.0 million remains available.
Worth Noting
Hook: rank 34 of 60 hits in our in-house turnaround scanner with the U.S. market filter, 6 of 8 points on the checklist, Altman Z of 8.49. The scanner page shows only the 25 strongest hits — Mohawk is not among them. Measured July 27, 2026, underlying scanner run of July 26, 2026; the lists are recalculated daily.
Data basis: Form 10-K for fiscal 2025 (filed February 24, 2026), Form 10-Q for the quarter ended April 4, 2026 (filed May 1, 2026), current reports 8-K of April 30, May 13 and June 11, 2026, proxy statement DEF 14A of April 3, 2026; valuation metrics and analyst votes as of July 27, 2026.
On the gap to the all-time high: our data set carries negative 58.19 percent, while the price history gives roughly negative 60 percent (all-time closing high $284.82 on December 1, 2017 against $113.27 on July 24, 2026). Both clear the scanner threshold of at least 50 percent; the article uses the figure we measured ourselves.
Risk of confusion: the 2023 and 2024 figures here are stated as revised in the 2025 annual report after a correction of intercompany receivables (2023 net earnings −$449.0 million instead of −$439.5 million, 2024 $514.7 million instead of $517.7 million). Older data sets may still show the pre-revision values.
Mind the calendar: Mohawk's quarters end on a Saturday. The first quarter of 2026 ran through April 4, 2026 while the prior-year quarter ended March 29, 2025 — six extra shipping days that the filing puts at roughly $143 million of sales.
Stock Watch
This analysis is as of August 26, 2026. Stock Watch will tell you what's changed at MHK since then.
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Price history
Chart
Interactive price chart (TradingView).
52-week range: 94.30 $ to 140.10 $ · Last price: 128.40 $ (As of: September 17, 2026)
Key figures
Key figures at a glance
Every figure we hold for this stock, grouped by topic. The question mark next to a label explains what the number means.
Basics
Performance
Technical Indicators
Calculated from the price history · as of 09/18/2026
Valuation
Profitability
Balance Sheet & Safety
Growth
Dividend
This stock currently pays no dividend.
Quality & Screener
Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.
Comparison
Industry comparison
The stock alongside the largest companies in the same group. The median row is the middle value of the companies shown above — not of the whole industry.
Industry: Furnishings, Fixtures & Appliances
| Company | Market cap ($B) | P/E | EV/EBITDA | Gross Margin % | EBIT Margin % | Sales Growth (Year) % | Perf. 1Y % |
|---|---|---|---|---|---|---|---|
| Mohawk Industries Inc MHK | 7.9 | 19.4 | 8.2 | 25.6 | 5.5 | -0.5 | -2.2 |
| Haier Smart Home Co. Ltd HSHCY | 24.4 | 8.9 | 5.6 | 26.5 | 8.3 | 2.6 | -16.9 |
| SharkNinja, Inc. SN | 23.5 | 33.3 | 22.4 | 48.9 | 11.7 | 15.8 | 45.8 |
| Somnigroup International Inc. SGI | 13.7 | 27.4 | 16.6 | 44.7 | 10.6 | 51.6 | -22.8 |
| Alliance Laundry Holdings Inc. ALH | 4.3 | 31.6 | 14.1 | 37.7 | – | 13.3 | – |
| HNI Corp HNI | 3.3 | – | 16.6 | 41.9 | 1.4 | 12.4 | 7.2 |
| Whirlpool Corporation WHR | 2.1 | – | 9.1 | 13.6 | 1.3 | -6.5 | -60.8 |
| Interface Inc TILE | 2.0 | 15.9 | 9.5 | 40.5 | 9.5 | 5.4 | 18.3 |
| MillerKnoll Inc MLKN | 1.5 | 149.6 | 8.9 | 38.8 | 6.3 | 4.7 | 9.9 |
| Median of companies shown | 4.3 | 27.4 | 9.5 | 38.8 | 7.3 | 5.4 | 2.5 |
Based on the most recently reported figures. Only stocks from the same trading venue are lined up, so the market caps are counted in one currency. Compare in a chart →
Fiscal years
Annual Figures
Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.
Revenue, operating income and net income per fiscal year $M
Revenue Operating income Net income
| Fiscal Year | Revenue ($M) | EBIT ($M) | Net Income ($M) | EPS ($) | Operating Cash Flow ($M) | Equity ($M) | Total Assets ($M) |
|---|---|---|---|---|---|---|---|
| 2016 | 8,959 | 1,280 | 930 | 12.48 | 1,328 | 5,776 | 10,231 |
| 2017 | 9,491 | 1,354 | 972 | 12.98 | 1,194 | 7,059 | 12,095 |
| 2018 | 9,984 | 1,095 | 862 | 11.52 | 1,181 | 7,434 | 13,099 |
| 2019 | 9,971 | 827 | 744 | 10.30 | 1,419 | 8,120 | 13,387 |
| 2020 | 9,552 | 636 | 516 | 7.22 | 1,770 | 8,534 | 14,328 |
| 2021 | 11,201 | 1,335 | 1,033 | 14.94 | 1,309 | 8,421 | 14,225 |
| 2022 | 11,737 | 244 | 25 | 0.39 | 669 | 8,012 | 14,120 |
| 2023 | 11,135 | -288 | -440 | -6.90 | 1,324 | 7,623 | 13,560 |
| 2024 | 10,837 | 695 | 518 | 8.14 | 1,134 | 7,557 | 12,779 |
| 2025 | 10,785 | 510 | 370 | 5.93 | 1,056 | 8,373 | 13,687 |
Quarters
Quarterly Figures
Each bar is one quarter, the last one is the most recent. Use the switch to step through the individual figures.
Revenue & Profit
Cash Flow
Balance Sheet
Margins
Per Share
Click the chart or tab into it, then use ← and → to step through the periods.
None of the selected stocks reports this metric. Pick another metric or switch between annual and quarterly.
· Total · per year
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The figures could not be loaded right now.
Source: fundamental data
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($M) | Sales YoY (%) | Net Margin (%) | OCF ($M) | FCF ($M) |
|---|---|---|---|---|---|---|---|
| 2024: Q4 | 1.47 | -32.40 | 2,637 | 1.00 | 3.50 | 397 | 236 |
| 2025: Q1 | 1.15 | -29.60 | 2,526 | -5.70 | 2.90 | 4 | -85 |
| 2025: Q2 | 2.33 | -5.20 | 2,802 | 0.00 | 5.20 | 206 | 126 |
| 2025: Q3 | 1.74 | -31.90 | 2,758 | 1.40 | 3.90 | 387 | 310 |
| 2025: Q4 | 0.68 | -54.00 | 2,700 | 2.40 | 1.60 | 460 | 265 |
| 2026: Q1 | 1.90 | 64.40 | 2,729 | 8.00 | 4.30 | 110 | 8 |
| 2026: Q2 | 3.22 | 38.20 | 2,991 | 6.80 | 6.60 | 317 | 228 |
What Do These Terms Mean?
- EPS (Earnings Per Share):
- Quarterly profit divided by the total share count — how much of the profit works out to a single share.
- YoY (Year over Year):
- Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
- Sales:
- All revenue for the quarter, before any costs are deducted — the top line of the income statement.
- Net Margin:
- What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
- OCF (Operating Cash Flow):
- The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
- FCF (Free Cash Flow):
- Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.
Screening
Appears in These Scanners
This stock currently matches 9 of our scanner strategies — each hit links to the scanner.
Growth
Quality & Balance Sheet
Breakout & Setup
Momentum & Trend
Research
Value & GARP
Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. View all scanners
Outlook
Analysts & Price Target
Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.
Distribution of Recommendations
Estimates by Fiscal Year
| Fiscal Year | EPS Estimate ($) | EPS Range ($) | Revenue Estimate ($M) | Expected Growth | Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 9.84 | 9.55 – 10.00 | 11,158 | 9.8% | 15 |
| 12/31/2027 | 10.06 | 9.05 – 11.00 | 11,419 | 2.3% | 15 |
Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.
Valuation
What is priced in?
Instead of guessing what the stock is worth, we turn the question around: what free cash flow growth has to happen for today’s market value to add up? The assumptions behind it can be moved.
Today’s market value implies roughly -2.2% growth in free cash flow per year over ten years (assumptions: discount rate 10.0%, terminal growth 2.5%).
| Free cash flow (last twelve months) | $811.5M |
|---|---|
| Market cap | $7.92B |
| Free cash flow in year ten | $649.5M |
| Terminal value as a share of market value | 43.2% |
For comparison: over the past five years free cash flow shrank by 14.4% per year.
It shows which assumption is built into today’s price, not whether that assumption will hold. Every assumption can be changed with the sliders; the figures move with them.
A simplified model calculation — not a forecast and not a recommendation.
AI classification
AI Rating
Mohawk Industries beschreibt im Geschäftsbericht 2025 den operativen Einsatz von KI und maschinellem Lernen in Produktionsplanung, vorausschauender Instandhaltung, Qualitätskontrolle und Lieferkettensteuerung; ein KI-Produkt oder eine KI-Umsatzquelle wird in keinem der ausgewerteten Filings genannt.
View the full file — quotes, sources, reviewed filings
„The Company utilizes AI and machine learning technologies in various aspects of its operations, including production planning, predictive maintenance, quality control, and supply chain optimization."
Das Unternehmen setzt KI- und Machine-Learning-Technologien in verschiedenen Bereichen seiner Abläufe ein, unter anderem in der Produktionsplanung, der vorausschauenden Instandhaltung, der Qualitätskontrolle und der Optimierung der Lieferkette.
10-K · 2026-02-24 · View SEC filing
„The rapid development of new technologies such as artificial intelligence (“AI”) continues to transform the industry and markets within which the Company operates. The Company’s ability to remain competitive depends on its capacity to adapt to rapid technological changes and successfully integrate new technologies into its operations."
Die rasche Entwicklung neuer Technologien wie der künstlichen Intelligenz („KI“) verändert die Branche und die Märkte, in denen das Unternehmen tätig ist, weiterhin. Die Wettbewerbsfähigkeit des Unternehmens hängt von seiner Fähigkeit ab, sich an den raschen technologischen Wandel anzupassen und neue Technologien erfolgreich in seine Abläufe einzubinden.
10-K · 2026-02-24 · View SEC filing
„In addition, regulatory frameworks governing AI use are evolving rapidly. Future laws or regulations may impose restrictions, increase compliance costs, or limit certain applications of AI in manufacturing."
Darüber hinaus entwickeln sich die Regelwerke für den Einsatz von KI rasch weiter. Künftige Gesetze oder Vorschriften können Beschränkungen auferlegen, die Kosten der Regeleinhaltung erhöhen oder bestimmte Anwendungen von KI in der Fertigung begrenzen.
10-K · 2026-02-24 · View SEC filing
Filings Reviewed: 10-K 2026-02-24 · 10-K 2025-02-20 · 10-Q 2026-05-01 · 10-Q 2025-10-24 · 10-Q 2025-07-25 · 10-Q 2025-05-02
Rated on July 27, 2026 · How the Rating Is Built
Growth
Growth Score
Ten checks against the annual reports — each one passed counts a point.
- Revenue grows by more than 15% a year over three years -2.8%
- More than 10% revenue growth is expected for the coming year 3.2%
- Share count grows by less than 3% a year -0.9%
- Revenue growth plus cash-flow margin add up to at least 40 ("Rule of 40") 5.2%
- Gross margin at 40% or higher and without meaningful erosion 23.9%
- Goodwill from acquisitions does not grow faster than revenue 8.8%
- Net debt below twice EBITDA 1.4 x EBITDA
- Operating cash flow covers the profits of the last three years 3,066 m
- Return on capital at 15% or higher, or up versus two years ago 4.7%
- Insiders hold at least 10% or are net buyers 18.0%
A criterion without figures counts neither as passed nor as failed; a score is only produced from 7 judgeable criteria upwards. Source: fundamental data. All ten criteria in detail
Quality check
AAQS
3/10The AAQS (AlleAktien Quality Score) checks 10 quality criteria on growth, profitability, and balance-sheet strength — per the methodology developed and published by AlleAktien, calculated by us from our own fundamental data. A stock counts as a quality stock from 9 out of 10 points. Where a company has a shorter listing history, we calculate over the fiscal years available (at least five).
- Sales growth 10Y > 5% 2.1%
- Exp. sales growth 3Y > 5% 2.9%
- EBIT growth 10Y > 5% -9.7%
- Exp. EBIT growth 3Y > 5% 30.3%
- Net debt < 4x EBIT 3.1x
- EBIT positive, 10Y straight 9
- Max. EBIT decline < 50% 100.0%
- Return on equity > 15% 5.8%
- ROCE > 15% 4.6%
- Expected return > 10% 40.4%
View stocks with the full AAQS score · Read the methodology at AlleAktien
Source: fundamental data
Insiders
Insider Transactions
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character.
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 14, 2026 | Lorberbaum Jeffrey S | CHIEF EXECUTIVE OFFICER | Sell | 7,500 | 127.18 | 953,850 |
| Sep 14, 2026 | Lorberbaum Jeffrey S | CHIEF EXECUTIVE OFFICER | Sell | 38,250 | 127.18 | 4,864,635 |
| Sep 11, 2026 | Lorberbaum Jeffrey S | CHIEF EXECUTIVE OFFICER | Sell | 1 | 127.52 | 128 |
| Sep 11, 2026 | Lorberbaum Jeffrey S | CHIEF EXECUTIVE OFFICER | Sell | 315 | 126.84 | 39,955 |
| Sep 11, 2026 | Lorberbaum Jeffrey S | CHIEF EXECUTIVE OFFICER | Sell | 15 | 127.52 | 1,913 |
| Sep 11, 2026 | Lorberbaum Jeffrey S | CHIEF EXECUTIVE OFFICER | Sell | 3,419 | 126.84 | 433,666 |
| Sep 11, 2026 | Lorberbaum Jeffrey S | CHIEF EXECUTIVE OFFICER | Sell | 84 | 127.52 | 10,712 |
| Sep 11, 2026 | Lorberbaum Jeffrey S | CHIEF EXECUTIVE OFFICER | Sell | 19,041 | 126.84 | 2,415,160 |
| Aug 14, 2026 | Helen Suzanne L | Possible Member of Group | Sell | 1,000 | 139.48 | 139,480 |
| Aug 10, 2026 | Coni Claudio | Chief Information Officer | Other | 123 | 135.65 | 16,685 |
The company
About the Company
Mohawk Industries, Inc. entwirft, fertigt, bezieht, vertreibt und vermarktet Bodenbelagsprodukte für die Wohn- und Gewerberenovierung sowie für den Neubau in den USA, Europa, Lateinamerika und international.
- Employees
- 40,500
- Headquarters
- Calhoun, GA
- Address
- 160 South Industrial Boulevard, 30701 Calhoun, United States
- Phone
- 706 629 7721
- Website
- mohawkind.com
- IPO Date
- 04/01/1992
- ISIN
- US6081901042
- Stock Split
- 3:2 on 12/05/1997
- Stock Split
- 3:2 on 08/25/1993
Management
| Name | Title | Birth Year |
|---|---|---|
| Jeffrey S. Lorberbaum | CEO & Chairman | 1955 |
| Paul F. De Cock | President, COO & Interim President of Flooring Rest of World segment | 1973 |
| Mauro Vandini | President of Global Ceramic Segment | 1957 |
| Ken Walma | President of Flooring North America segment | 1978 |
| Nicholas P. Manthey | Chief Financial Officer | 1982 |
| David L. Repp | Senior Vice President, Chief Accounting Officer & Corporate Controller | 1975 |
| Claudio Coni | Chief Information Officer | 1968 |
| Joseph David Ahlersmeyer C.F.A. | Vice President of Finance & Investor Relations | – |
| Rodney David Patton | VP of Business Strategy, General Counsel & Secretary | 1971 |
| Clifford C. Suing | CFO of Global Ceramic Segment | 1965 |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Filings
Company Filings (8-K)
An 8-K is the filing a US company must use to disclose material events immediately — takeovers, changes at the top, major contracts or payment troubles, for instance. The links open the original document at the US Securities and Exchange Commission (SEC).
- 09/01/2026 MOHAWK INDUSTRIES INC (MHK): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Regulation FD Disclosure; Financial Statements and Exhibits SEC ↗
- 07/30/2026 MOHAWK INDUSTRIES INC (MHK): Results of Operations and Financial Condition; Financial Statements and Exhibits SEC ↗
Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.