MHK Stock - Mohawk Industries, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $10.84B | $11.14B | $11.74B | $11.20B | $9.55B |
| Gross Profit | $2.69B | $2.71B | $2.94B | $3.27B | $2.43B |
| Gross Margin | 24.8% | 24.3% | 25.1% | 29.2% | 25.4% |
| Operating Income | $694.70M | $-287,800,000 | $244.20M | $1.34B | $636.00M |
| Net Income | $517.70M | $-439,516,000 | $25.25M | $1.03B | $515.60M |
| Net Margin | 4.8% | -3.9% | 0.2% | 9.2% | 5.4% |
| EPS | $8.18 | $-6.90 | $0.40 | $15.01 | $7.24 |
Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces in the United States, Europe, Russia, and internationally. It operates through three segments: Global Ceramic, Flooring North America (Flooring NA), and Flooring Rest of the World (Flooring ROW). The Global Ceramic segment provides a range of ceramic tile, porcelain tile, and natural stone products; and sources, markets, and distributes other tile related products. This segment markets and distributes its products under the American Olean, Daltile, Eliane, EmilGroup, KAI, Kerama Marazzi, Marazzi, and Ragno brands. The Flooring NA segment offers floor covering product lines in a range of colors, textures, and patterns, including carpets, carpet tiles, rugs and mats, carpet pads, hardwood, laminate, medium-density fiberboards, luxury vinyl tiles (LVT), and sheet vinyl products. This segment markets and distributes its flooring products under the Aladdin Commercial, Durkan, IVC, Karastan, Mohawk, Mohawk Group, Mohawk Home, Pergo, Portico, and Quick-Step brands. The Flooring ROW segment provides wood flooring and vinyl flooring, as well as laminates, roofing elements, sheet vinyl, LVT, insulation boards, medium-density fiberboards, chipboards, and other woods products under the Feltex, Godfrey Hirst, Hycraft, IVC Commercial, IVC Home, Leoline, Moduleo, Pergo, Quick-Step, and Unilin and Xtratherm brands; and licenses its intellectual property to flooring manufacturers. Mohawk Industries, Inc. was incorporated in 1988 and is headquartered in Calhoun, Georgia.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| October 20th 2025 | Vertical Research | Initiation | Buy | - |
| April 1st 2025 | Deutsche Bank | Initiation | Hold | $121 |
| January 10th 2025 | JP Morgan | Upgrade | Overweight | $161 |
| January 8th 2025 | Wolfe Research | Upgrade | Outperform | $150 |
| October 21st 2024 | Robert W. Baird | Upgrade | Outperform | $196← $160 |
| October 7th 2024 | Wells Fargo | Upgrade | Equal Weight | $160← $140 |
| July 26th 2024 | BofA Securities | Upgrade | Buy | $177← $120 |
| June 10th 2024 | Raymond James | Upgrade | Strong Buy | $140 |
| February 12th 2024 | Deutsche Bank | Upgrade | Buy | $152← $98 |
| January 12th 2024 | RBC Capital Mkts | Upgrade | Sector Perform | $101← $80 |
| December 13th 2023 | Barclays | Upgrade | Equal Weight | $100← $80 |
| October 17th 2023 | Wells Fargo | Initiation | Underweight | $85 |
| April 11th 2023 | Loop Capital | Upgrade | Buy | $115 |
| October 18th 2022 | BofA Securities | Downgrade | Underperform | $100← $140 |
| August 18th 2022 | Deutsche Bank | Initiation | Hold | $122 |
Earnings History & Surprises
MHKEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 29, 2026 | — | — | — | — |
Q1 2026 | Feb 5, 2026 | $1.98 | — | — | — |
Q4 2025 | Oct 23, 2025 | $2.68 | $2.67 | -0.4% | ✗ MISS |
Q3 2025 | Jul 24, 2025 | $2.62 | $2.77 | +5.7% | ✓ BEAT |
Q2 2025 | May 1, 2025 | $1.41 | $1.52 | +7.8% | ✓ BEAT |
Q1 2025 | Feb 6, 2025 | $1.85 | $1.95 | +5.4% | ✓ BEAT |
Q4 2024 | Oct 24, 2024 | $2.89 | $2.90 | +0.3% | ✓ BEAT |
Q3 2024 | Jul 25, 2024 | $2.75 | $3.00 | +9.1% | ✓ BEAT |
Q2 2024 | Apr 25, 2024 | $1.68 | $1.86 | +10.7% | ✓ BEAT |
Q1 2024 | Feb 8, 2024 | $1.86 | $1.96 | +5.4% | ✓ BEAT |
Q4 2023 | Oct 26, 2023 | $2.65 | $2.72 | +2.6% | ✓ BEAT |
Q3 2023 | Jul 27, 2023 | $2.64 | $2.76 | +4.5% | ✓ BEAT |
Q2 2023 | Apr 27, 2023 | $1.28 | $1.75 | +36.7% | ✓ BEAT |
Q1 2023 | Feb 9, 2023 | $1.29 | $1.32 | +2.3% | ✓ BEAT |
Q4 2022 | Oct 27, 2022 | $3.34 | $3.34 | 0.0% | = MET |
Q3 2022 | Jul 28, 2022 | $4.29 | $4.41 | +2.8% | ✓ BEAT |
Q2 2022 | Apr 28, 2022 | $2.90 | $3.78 | +30.3% | ✓ BEAT |
Q1 2022 | Feb 10, 2022 | $2.87 | $2.95 | +2.8% | ✓ BEAT |
Q4 2021 | Oct 28, 2021 | $3.81 | $3.95 | +3.7% | ✓ BEAT |
Q3 2021 | Jul 29, 2021 | $3.68 | $4.45 | +20.9% | ✓ BEAT |
Latest News
Jefferies Maintains Hold on Mohawk Industries, Lowers Price Target to $128
➖ NeutralWells Fargo Maintains Equal-Weight on Mohawk Industries, Lowers Price Target to $110
➖ NeutralShares of household durable stocks are trading higher after the Fed cut rates by 25 basis points.
📈 PositivePrimoris Services, Casella Waste Systems, Indivior, Hawaiian Electric, LKQ, Solstice Advanced Materials, Mohawk Industries, Under Armour, Power Integrations, Perrigo, Iridium Communications, Marriott Vacations Worldwide And Insperity Added To S&P SmallCap 600
📈 PositiveCRH, Carvana And Comfort Systems USA To Join The S&P 500 On December 22, 2025; LKQ, Solstice Advanced Materials And Mohawk Industries Dropping Out Of S&P 500, Moving To Smallcap 600
📈 PositiveWells Fargo Maintains Equal-Weight on Mohawk Industries, Lowers Price Target to $125
➖ NeutralEvercore ISI Group Maintains In-Line on Mohawk Industries, Lowers Price Target to $118
➖ NeutralMohawk Industries Announces CFO Succession Plan With Nicholas P. Manthey Effective April 1, 2026
➖ NeutralBarclays Maintains Equal-Weight on Mohawk Industries, Lowers Price Target to $122
➖ NeutralMohawk Industries Sees Q4 Adj EPS $1.90-$2.00 vs $2.14 Est
📉 NegativeMohawk Industries Q3 Adj. EPS $2.67 Beats $2.64 Estimate, Sales $2.758B Beat $2.731B Estimate
📈 PositiveRaymond James Reiterates Strong Buy on Mohawk Industries, Raises Price Target to $150
📈 PositiveWells Fargo Maintains Equal-Weight on Mohawk Industries, Raises Price Target to $140
➖ NeutralFrequently Asked Questions about MHK
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