MHK · Mohawk Industries Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $10.79B | $10.84B | $11.14B | $11.74B | $11.20B | $9.55B |
| Cost of Revenue | $8.21B | $8.15B | $8.43B | $8.79B | $7.93B | $7.12B |
| Gross Profit | $2.57B | $2.69B | $2.71B | $2.94B | $3.27B | $2.43B |
| R&D | - | - | - | - | - | - |
| SG&A | $2.06B | $1.98B | $2.12B | $2.00B | $1.93B | $1.79B |
| Total Operating Expenses | $58.50M | - | - | - | - | - |
| D&A | $652.60M | $638.30M | $630.33M | $595.46M | $591.71M | $607.51M |
| Operating Income | $489.80M | $694.70M | ($287.81M) | $244.22M | $1.34B | $636.00M |
| Interest Expense | $17.80M | $48.50M | $77.51M | $51.94M | $57.25M | $52.38M |
| Income Tax | $98.80M | $128.20M | $84.86M | $158.11M | $256.44M | $68.65M |
| Net Income | $369.90M | $517.70M | ($439.52M) | $25.25M | $1.03B | $515.60M |
| EPS - Basic | $5.96 | $8.18 | ($6.90) | $0.40 | $15.01 | $7.24 |
| EPS - Diluted | $5.93 | $8.14 | ($6.90) | $0.39 | $14.94 | $7.22 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $856.10M | $666.60M | $642.55M | $509.62M | $268.89M | $768.63M |
| Accounts Receivable | $1.92B | $1.80B | $1.87B | $1.90B | $1.84B | $1.71B |
| Inventory | $2.66B | $2.51B | $2.55B | $2.79B | $2.39B | $1.91B |
| Accounts Payable | $1.09B | $978.50M | $1.04B | $1.09B | $1.23B | $1.02B |
| Current Assets | $5.97B | $5.50B | $5.60B | $5.90B | $5.24B | $5.36B |
| Total Assets | $13.69B | $12.78B | $13.56B | $14.12B | $14.22B | $14.33B |
| Current Liabilities | $2.72B | $2.67B | $3.15B | $3.07B | $2.95B | $2.37B |
| Long-term Debt | $1.74B | $1.68B | $1.70B | $1.98B | $1.70B | $2.36B |
| Total Liabilities | $5.31B | $5.22B | $5.93B | $6.10B | $5.80B | $5.79B |
| Stockholders' Equity | $8.37B | $7.55B | $7.62B | $8.01B | $8.42B | $8.53B |
| Retained Earnings | $7.50B | $7.33B | $6.97B | $7.41B | $7.69B | $7.56B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.06B | $1.13B | $1.33B | $669.15M | $1.31B | $1.77B |
| Investing Cash Flow | ($441.90M) | ($454.40M) | ($970.34M) | ($625.34M) | ($556.75M) | ($954.80M) |
| Financing Cash Flow | ($470.00M) | ($629.50M) | ($210.68M) | $194.35M | ($1.23B) | ($188.19M) |
| CapEx | $440.00M | $454.40M | $612.93M | $580.74M | $676.12M | $425.56M |
| Free Cash Flow | $616.20M | $679.50M | $716.30M | $88.41M | $633.00M | $1.34B |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 23.9% | 24.8% | 24.3% | 25.1% | 29.2% | 25.4% |
| Operating margin | 4.5% | 6.4% | -2.6% | 2.1% | 11.9% | 6.7% |
| EBITDA margin | 10.6% | 12.3% | 3.1% | 7.2% | 17.2% | 13.0% |
| Net margin | 3.4% | 4.8% | -3.9% | 0.2% | 9.2% | 5.4% |
| Free cash flow margin | 5.7% | 6.3% | 6.4% | 0.8% | 5.7% | 14.1% |
| FCF / Net income | 1.67 | 1.31 | -1.63 | 3.50 | 0.61 | 2.61 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 19.1% | 18.3% | 19.0% | 17.1% | 17.3% | 18.8% |
| Effective tax rate | 21.1% | 19.8% | - | 86.2% | 19.9% | 11.7% |
| Return on assets | 2.7% | 4.1% | -3.2% | 0.2% | 7.3% | 3.6% |
| Return on equity | 4.4% | 6.9% | -5.8% | 0.3% | 12.3% | 6.0% |
| Return on invested capital | 3.8% | 6.0% | -2.4% | 1.2% | 10.6% | 5.2% |
| Liquidity | ||||||
| Current ratio | 2.19 | 2.06 | 1.78 | 1.92 | 1.78 | 2.26 |
| Quick ratio | 1.21 | 1.12 | 0.97 | 1.01 | 0.97 | 1.46 |
| Cash ratio | 0.31 | 0.25 | 0.20 | 0.17 | 0.09 | 0.32 |
| Leverage | ||||||
| Debt / Equity | 0.21 | 0.22 | 0.22 | 0.25 | 0.20 | 0.28 |
| Debt / Assets | 0.13 | 0.13 | 0.13 | 0.14 | 0.12 | 0.16 |
| Debt / EBITDA | 1.52 | 1.26 | 4.97 | 2.36 | 0.88 | 1.90 |
| Interest coverage | 27.5x | 14.3x | -3.7x | 4.7x | 23.3x | 12.1x |
| Equity multiplier | 1.63 | 1.69 | 1.78 | 1.76 | 1.69 | 1.68 |
| Liabilities / Assets | 0.39 | 0.41 | 0.44 | 0.43 | 0.41 | 0.40 |
| Efficiency | ||||||
| Asset turnover | 0.79 | 0.85 | 0.82 | 0.83 | 0.79 | 0.67 |
| Inventory turnover | 3.08 | 3.24 | 3.30 | 3.15 | 3.32 | 3.72 |
| Days sales outstanding | 65d | 61d | 61d | 59d | 60d | 65d |
| Days inventory outstanding | 118d | 113d | 111d | 116d | 110d | 98d |
| Days payable outstanding | 48d | 44d | 45d | 45d | 57d | 52d |
| Cash conversion cycle | 135d | 130d | 127d | 130d | 113d | 111d |
| Valuation | ||||||
| P / E | 18.4x | 14.6x | - | 262.1x | 12.2x | 19.5x |
| P / B | 0.8x | 1.0x | 0.9x | 0.8x | 1.5x | 1.2x |
| P / S | 0.6x | 0.7x | 0.6x | 0.6x | 1.1x | 1.1x |
| EV / EBITDA | 6.7x | 6.4x | 22.3x | 9.5x | 7.3x | 9.4x |
| Growth | ||||||
| Revenue growth (YoY) | -0.5% | -2.7% | -5.1% | 4.8% | 17.3% | -4.2% |
| Revenue CAGR (3y) | -2.8% | -1.1% | 5.2% | 5.6% | 7.7% | - |
| Revenue CAGR (5y) | 2.5% | 1.7% | 4.4% | - | - | - |
| Gross profit growth (YoY) | -4.2% | -0.8% | -7.9% | -10.0% | 34.5% | -9.2% |
| Operating income growth (YoY) | -29.5% | - | - | -81.7% | 109.9% | -23.1% |
| Net income growth (YoY) | -28.5% | - | - | -97.6% | 100.4% | -30.7% |
| EPS growth (YoY) | -27.1% | - | - | -97.4% | 106.9% | -29.9% |
| EPS CAGR (3y) | 147.7% | -18.3% | - | -66.4% | 9.2% | -17.8% |
| EPS CAGR (5y) | -3.9% | -4.6% | - | -50.4% | 3.7% | - |
| FCF growth (YoY) | -9.3% | -5.1% | 710.2% | -86.0% | -52.9% | 53.9% |
| FCF CAGR (5y) | -14.4% | -4.9% | 13.1% | -21.0% | -0.7% | 26.9% |
| Book value growth (YoY) | 10.9% | -0.9% | -4.8% | -4.9% | -1.3% | 5.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$10.79B totalGlobal Ceramic Segment$4.29B · 39.8%
Flooring NASegment$3.64B · 33.7%
Flooring ROWSegment$2.86B · 26.5%
Product / service
$6.16B totalCeramic And Stone$4.22B · 68.5%
Other Products$1.08B · 17.5%
Laminateand Wood$795.80M · 12.9%
Carpet And Resilient$69.30M · 1.1%
Geographic
$5.17B totalUS$2.26B · 43.7%
Europe$1.17B · 22.7%
Rest Of World$876.90M · 17.0%
Latin America$685.70M · 13.3%
Other Geographical Areas$174.80M · 3.4%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.19
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Carpets & Rugs
Comparing MOHAWK INDUSTRIES INC against the 2 most active filers in the same SIC group.