Mohawk Industries Inc (MHK)
🔔 Watch stock
symbol.quality_heading
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.
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.
symbol.quality_note
The world's largest flooring manufacturer reported an 8.0 percent rise in first-quarter 2026 sales and a 61 percent jump in net earnings. Read the quarterly report down to the explanation and little of the turnaround survives: roughly $143 million of the increase came from additional shipping days, $127 million from exchange rates and $50 million from a year-earlier comparison — while the volume actually sold fell by roughly $100 million. The earnings jump, in turn, rests on an effective tax rate of negative 8.2 percent. Behind all that sits a remarkably solid company: a 60.8 percent equity ratio, interest expense cut to a quarter in two years and a share price below book value. Not investment advice — just the question of how much of this turn the calendar produced.
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Stock Watch
This analysis is as of July 27, 2026. Stock Watch will tell you what's changed at MHK since then.
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Appears in These Scanners
This stock currently matches 3 of our scanner strategies — each hit links to the scanner.
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
Trading Day
Key levels of the most recently completed trading day — not a live quote.
52-Week Range
Current price 123.10 $ — 63% of the range above the low.
Lowest and highest closing price over the last 52 weeks. The marker shows where the current price sits within that range: close to the high speaks for strength, close to the low for weakness.
Basics
Performance
Technical Indicators
Calculated from the price history · as of 08/03/2026
Valuation
Profitability
Balance Sheet & Safety
Growth
Dividend
This stock currently pays no dividend.
Quality & Screener
AI Rating
Uses AIMohawk 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.
„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.
„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.
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
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.
Analysts & Price Target
The price target sits 3.5% above the current price.
- Consensus
- Sell
- Analyst Ratings
- 18
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.
Estimates by Fiscal Year
| Fiscal Year | EPS Estimate ($) | EPS Range ($) | Revenue Estimate ($M) | Expected Growth | Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 8.98 | 8.46 – 9.94 | 11,139 | 0.3% | 13 |
| 12/31/2027 | 9.93 | 9.05 – 11.84 | 11,307 | 10.5% | 15 |
Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.
Revenue & Profit
Cash Flow
Balance Sheet
Margins
Per Share
Click the chart or tab into it, then use ← and → to step through the periods.
None of the selected stocks reports this metric. Pick another metric or switch between annual and quarterly.
· Total · per year
These companies report in different currencies — switch on “Indexed” or pick a margin for a fair comparison.
The figures could not be loaded right now.
Source: fundamental data
Quarterly Figures
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($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 |
- 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.
Annual Figures
| 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 |
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.
Assessment: Opportunities & Risks
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.
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.
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.
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.
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.
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.
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.
- 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.
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 | 1. Apr 1992 |
| ISIN | US6081901042 |
| Stock Split | 3:2 on 12/05/1997 |
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 |
| Rodney David Patton | VP of Business Strategy, General Counsel & Secretary | 1971 |
| Clifford C. Suing | CFO of Global Ceramic Segment | 1965 |
| Malisa M. Maynard | Chief Sustainability Officer | 1976 |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Insider Transactions
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| 28. Jul 2026 | De Cock Paul F | PRESIDENT AND COO | Other | 1,565 | 117.14 | 183,324 |
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.
View all insider transactions →Chart
Interactive price chart (TradingView).
Data as of: July 31, 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.