- Furnishings, Fixtures & Appliances
- Consumer Cyclical
-
-5.64
EPS
-
-26.69
P/E
-
9.5B
MARKET CAP
-
0.00%
DIV YIELD
Company Overview
160 S INDUSTRIAL BLVD,CALHOUN GA 30701,706-624-2032
CEO
Mr. Jeffrey S. Lorberbaum
Employess
43300
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Website
https://www.mohawkind.com
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.
Next Earnings Date
Oct. 24, 2024
Ex Dividends date
--
Dividend Date
--
YTD Performance
42.81%
Fiscal Year End
12-31
IPO Date
1992-04-01
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 4.24% | 2.21% | 5.24% | -5.13% |
EPS | -9.24% | -9.80% | -25.00% | -1725.00% |
Equity | 5.48% | 0.49% | -3.72% | -4.92% |
Cash | 28.08% | 40.10% | -5.80% | 26.08% |
Return On Capital (ROIC) | 6.65% | 3.68% | 5.42% | 9.66% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 1,110 | 946 | 729 | 475 | 1,150 |
Long Term Debt | 1,650 | 2,270 | 2,000 | 2,590 | 1,750 |
LT Finance Leases | 393 | 401 | 402 | 333 | 330 |
Shares Outstanding | 63.7 | 63.8 | 68.9 | 71.2 | 72 |
Market Cap | 6,590 | 6,520 | 12,500 | 10,000 | 9,820 |
Price
News
Mohawk Industries (MHK) is a Top-Ranked Momentum Stock: Should You Buy?
2 monthsWondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
zacks.com2024's Big AI Winners Aren't Leading Now. This Dow Jones Giant Is.
2 monthsAI plays Super Micro Computer and Nvidia are still the top S&P 500 stocks in 2024, but this Dow giant is leading now.
investors.comEarnings and a Bullish Upgrade Sent This Flooring Company's Stock Flying
2 monthsShares of Mohawk Industries (MHK) surged Friday after the company reported second-quarter financial results — and got a bullish pat on the back from analysts at Bank of America.
investopedia.comMohawk's (MHK) Shares Up on Q2 Earnings Beat, Net Sales Miss
2 monthsMohawk's (MHK) second-quarter 2024 results reflect soft consumer demand due to ongoing inflation and market volatility. Yet, strategic restructuring plans and cost-effective initiatives bode well for the bottom line.
zacks.comHere's What Key Metrics Tell Us About Mohawk Industries (MHK) Q2 Earnings
2 monthsThe headline numbers for Mohawk Industries (MHK) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.comMohawk Industries (MHK) Q2 Earnings Top Estimates
2 monthsMohawk Industries (MHK) came out with quarterly earnings of $3 per share, beating the Zacks Consensus Estimate of $2.76 per share. This compares to earnings of $2.76 per share a year ago.
zacks.comMohawk Industries Reports Q2 Results
2 monthsCALHOUN, Ga., July 25, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced second quarter 2024 net earnings of $157 million and earnings per share (“EPS”) of $2.46; adjusted net earnings were $192 million, and adjusted EPS was $3.00. Net sales for the second quarter of 2024 were $2.8 billion, a decrease of 5.1% as reported and 4.5% on an adjusted basis versus the prior year. During the second quarter of 2023, the Company reported net sales of $3.0 billion, net earnings of $101 million and EPS of $1.58; adjusted net earnings were $176 million, and adjusted EPS was $2.76.
globenewswire.comMohawk Industries: Still Comfortable With A 'Hold' Rating As Earnings Near
2 monthsShares of Mohawk Industries have done quite well over the past year or so, but they have underperformed the broader market. Revenue for the company has declined, but bottom-line results are finally showing signs of improving. Cost-cutting initiatives have helped improve net income for the company, but revenue continues to decline, leading to a neutral stance as earnings near.
seekingalpha.comMohawk (MHK) Gears Up to Post Q2 Earnings: What's in Store?
2 monthsMohawk's (MHK) second-quarter results are most likely to reflect significant inflationary pressure and moderate housing demand.
zacks.comMohawk Highlights Sustainability Progress in 2023 Impact Report
2 monthsCALHOUN, Ga., July 16, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today published its 15th annual impact report, Surfaces with Purpose, which documents the Company's 2023 progress toward its sustainability goals and shares activities from around the globe that reflect Mohawk's commitment to people and the planet.
globenewswire.com3 Dirt-Cheap Stocks Trading at Half Their Worth
2 monthsIf you're looking for cheap stocks to buy, Canada's national newspaper, The Globe and Mail, had an article from the Contra Guys, Benj Gallander and Ben Stadelmann. The duo run an investment newsletter, Contra the Heard, which focuses on undervalued and unloved stocks.
investorplace.comMohawk Industries, Inc. Invites You to Join the Second Quarter 2024 Earnings Conference Call
3 monthsCALHOUN, Ga., June 28, 2024 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE: MHK) Second Quarter 2024 earnings release on Thursday, July 25, 2024, you are invited to listen to the conference call that will be broadcast live on Friday, July 26, 2024, at 11:00 am ET.
globenewswire.com