Mohawk Industries, Inc.

117.53-1.23 (-1.04%)

Oct 29, 4:00:02 PM EDT · NYSE · MHK · USD

Upcoming Earnings

Report date

EPS

2.06 (1.70 ~ 2.47)

Revenue

2.75B (2.71B ~ 2.82B)

Key Stats

Market Cap

7.27B

P/E (TTM)

17.49

Basic EPS (TTM)

6.72

Dividend Yield

Recent Filings

8-K

Mohawk Q3 sales up, EPS dips

10/23/25Oct 23, 2025

Mohawk Industries reported Q3 2025 net sales of $2.8 billion, up 1.4% from last year, with adjusted EPS of $2.67 amid weakening economic conditions across regions. While input costs rose and plant shutdowns hit results, productivity gains and restructuring initiatives offset pressures, generating $310 million in free cash flow. New restructuring actions promise $32 million in annual savings at $20 million net cash cost. Markets stay soft; Q4 adjusted EPS guidance sits at $1.90-$2.00.

10-Q

Q2 FY2025 results

7/25/25Jul 25, 2025

Mohawk Industries held net sales steady at $2.8B for Q2 ended June 28, 2025, flat year-over-year but down from $2.7B in Q1 (derived), as favorable price mix and foreign exchange offset softer volumes across segments. Operating income dipped to $188.7M from $214.0M y/y, pressured by higher input costs and plant shutdowns, yet productivity gains cushioned the blow; diluted EPS fell to $2.34 from $2.46, aligning with 62.6M shares. YTD sales slid 2.8% to $5.3B with operating income at $284.8M versus $360.6M last year, while cash from operations generated $210M and free cash flow stood at $40.7M after $169.3M capex (derived). Total debt eased to $2.2B including $458.8M current, with $546.7M cash and $1.2B revolver availability. Restructuring charges hit $29.4M in Q2, targeting further cost cuts. Ongoing PFAS litigation poses environmental risks.

8-K

Q2 earnings flat, $500M buyback

7/24/25Jul 24, 2025

Mohawk Industries reported Q2 2025 net sales of $2.8 billion, flat year-over-year, with net earnings of $147 million and adjusted EPS of $2.77, reflecting operational improvements amid pricing pressures and higher input costs. The board approved a $500 million share repurchase program, adding to the $0.2 million remaining from 2022, signaling confidence in long-term growth. Restructuring actions should deliver $100 million in benefits this year. Tariffs pose risks, but 85% of U.S. sales are North American-made.

8-K

Annual meeting elects directors, ratifies auditors

5/23/25May 23, 2025

Mohawk Industries' stockholders convened their annual meeting on May 22, 2025, electing Joseph A. Onorato, William H. Runge III, and W. Christopher Wellborn to three-year board terms amid mixed support—Onorato and Runge drew strong backing, while Wellborn faced notable opposition. Shareholders ratified KPMG LLP as auditors for 2025 with overwhelming approval, 54.5 million votes for versus just 1.5 million against. The advisory vote on executive pay passed comfortably, signaling broad alignment on governance. Yet dissent lingers on board picks.

10-Q

Q1 FY2025 results

5/2/25May 2, 2025

Mohawk Industries posted Q1 net sales of $2.5B, down 5.7% y/y from $2.7B, hit by fewer shipping days, FX headwinds, and an order system conversion, yet price/mix gains cushioned the blow across segments. Gross profit slipped to $583M from $650M, with margins contracting to 23.1% from 24.2% amid higher input costs and restructuring charges of $25M, but productivity improvements offset some pain. Operating income fell to $96M from $147M, while net earnings dropped to $73M or $1.15 diluted EPS from $105M or $1.64, reconciled to 62.9M shares; lower interest expense to $6M from $15M narrowed the gap between operating and net results. Cash climbed to $703M with $3.7M operating cash flow minus $89M capex yielding negative FCF, backed by $921M revolver availability and total debt of $2.4B including $663M commercial paper. Restructuring continues, eyeing $145M annual savings by 2026. Ongoing PFAS litigation poses environmental risks.

About

Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for residential and commercial remodeling, and new construction channels in the United States, Europe, Latin America, and internationally. It operates through three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World. The company provides ceramic, porcelain, and natural stone tiles products for floor and wall applications; natural stones, porcelain slabs, and quartz countertops, as well as installation materials; floor covering products comprising broadloom carpets, carpet tiles, rugs and mats, carpet pads, laminates, medium-density fiberboards, wood floorings, vinyl tiles, and sheet vinyl; and roofing panels, insulation boards, mezzanine flooring products, medium-density fiberboard, decorative panels, and chipboards. It also licenses its intellectual property to flooring manufacturers. The company sells its products under the American Olean, Daltile, Decortiles, Eliane, Elizabeth, Lentex Flooring, EmilGroup, KAI, Kerama Marazzi, Marazzi, Ragno, Aladdin Commercial, Durkan, Foss, IVC Resilient Design, Karastan, Mohawk, Mohawk Group, Mohawk Home, Pergo, Portico, Quick-Step, Feltex, GH Commercial, Godfrey Hirst, Hycraft, IVC Home, Lentex, Leoline, Moduleo, Redbook, Unilin, and Vitromex brands. It offers its products to home centers, company-owned service centers and stores, floor covering retailers, ceramic tile specialists, e-commerce retailers, residential builders, independent distributors, commercial contractors, and commercial end users. The company was incorporated in 1988 and is headquartered in Calhoun, Georgia.

CEO

Mr. Jeffrey S. Lorberbaum

IPO

4/1/1992

Website

https://www.mohawkind.com

Employees

41,900

Sector

Consumer Cyclical

Industry

Furnishings, Fixtures & Appliances