Grufity logoGrufity logo

MHK

102.09USD-0.81(-0.79%)Market Closed

Mohawk Industries Inc

Market Summary

USD102.09-0.81Market Closed
-0.79%

MHK Alerts

MHK Stock Price

RSI Chart

Valuation

Market Cap

6.9B

Price/Earnings

37.9

Price/Sales

0.58

Price/Cashflow

10.71

MarketCap/EBT

17.7

Price/Sales

Profitability

EBT Margin

3.27%

Return on Equity

2.31%

Return on Assets

1.31%

Fundamentals

Revenue

Revenue (TTM)

11.8B

Revenue Y/Y

3.57%

Revenue Q/Q

-7.47%

Earnings

Earnings (TTM)

180.9M

Earnings Y/Y

-297.05%

Earnings Q/Q

-290.41%

Price Action

52 Week Range

87.02192.00
(Low)(High)

Last 7 days

-0.8%

Last 30 days

12.8%

Last 90 days

-6.2%

Trailing 12 Months

-40.5%

Financial Health

Current Ratio

1.5

Debt/Equity

0.27

Debt/Cashflow

0.39

Investor Care

Buy Backs (1Y)

6.20%

Diluted EPS (TTM)

2.61

Peers (Alternatives to Mohawk Industries)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
27.1B
33.5B
14.85% -15.07%
4.87
0.85
20.54% 40.27%
17.0B
4.9B
11.58% -28.66%
17.6
3.44
0.06% -14.44%
MID-CAP
9.3B
15.4B
15.40% -14.25%
3.89
0.61
20.81% 39.34%
7.6B
20.6B
12.33% -31.39%
19.9
0.37
-6.15% -80.70%
6.9B
11.8B
12.84% -40.48%
37.9
0.58
6.91% -83.44%
6.2B
10.0B
1.01% -38.61%
11.02
0.62
-4.72% -6.30%
4.7B
5.1B
28.51% -27.46%
8.17
0.91
10.05% -10.72%
4.4B
5.3B
9.45% -12.94%
11.41
0.83
10.36% -5.87%
3.4B
2.7B
12.47% -34.84%
10.56
1.4
45.48% 178.76%
2.1B
2.1B
17.80% -24.58%
9.01
1.1
63.62% 143.44%
SMALL-CAP
1.1B
2.5B
3.81% -26.63%
6.65
0.45
18.24% 30.34%
171.5M
568.5M
14.05% -27.43%
48.54
0.3
-9.82% -90.06%
85.4M
502.3M
1.39% -46.53%
46.08
0.16
-1.78% -109.40%
17.0M
339.8M
-11.47% -82.28%
-2.25
0.05
0.23% -505.21%

Financials for Mohawk Industries

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue0.9%11,84711,74711,54711,20111,082
Gross Profit-3.8%3,1263,2503,2793,2693,269
  S&GA Expenses2.4%1,9941,9481,9411,9341,905
Earnings Before Taxes-69.0%3871,2501,2921,2901,324
Net Income-81.7%1819861,0421,0331,092
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-6.0%13,80114,68914,38714,22514,450
  Current Assets-1.5%5,8545,9415,5655,2385,646
    Cash Equivalents46.0%3272242312691,128
  Inventory2.6%2,9002,8262,5132,3922,216
  Net PPE-1.3%4,5254,5824,5534,6374,442
  Goodwill-27.9%1,8282,5362,5792,6082,612
Liabilities-1.8%5,9766,0836,0995,7965,698
  Current Liabilities-0.5%3,9053,9243,8722,9462,902
  Long Term Debt-2,333----
    LT Debt, Current2.9%1,5421,4991,546625589
    LT Debt, Non Current-3.0%1,0201,0521,0881,7001,710
Shareholder's Equity-9.0%7,8258,6018,2818,4218,746
  Retained Earnings-6.8%7,3767,9117,6317,6927,930
  Additional Paid-In Capital0.3%1,9201,9141,9111,903-
Accumulated Depreciation0.6%4,8184,7904,6884,6144,551
Shares Outstanding0.0%7171717369
Minority Interest-0.3%66777
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-30.0%6409141,1041,3091,505
  Share Based Compensation-5.0%2425252625
Cashflow From Investing-132.6%-1,045.08-449.33-338.99-556.75-210.13
Cashflow From Financing59.9%-400.25-999.28-1,103.08-1,232.22-954.10
  Buy Backs-22.1%7359431,084900593

Risks

What is the probability of a big loss on MHK?

93.5%


Probability that Mohawk Industries stock will be more than 20% underwater in next one year

66.2%


Probability that Mohawk Industries stock will be more than 30% underwater in next one year.

53.9%


Probability that Mohawk Industries stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does MHK drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Mohawk Industries was unfortunately bought at previous high price.

Returns

Cumulative Returns on MHK

1.8%


10-Year Cumulative Returns

-8.5%


7-Year Cumulative Returns

-18.5%


5-Year Cumulative Returns

-8.6%


3-Year Cumulative Returns

What are the long-term rolling returns for MHK?

FIve years rolling returns for Mohawk Industries.

Which funds bought or sold MHK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
NEW
-
272,000
272,000
0.28%
2022-11-23
Eagle Bay Advisors LLC
ADDED
25
29
4,000
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
449,000
449,000
-%
2022-11-22
CVA Family Office, LLC
SOLD OFF
-100
-6,000
-
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-3.05
-2,997,000
7,426,000
0.01%
2022-11-18
RIVER & MERCANTILE ASSET MANAGEMENT LLP
ADDED
1.12
-512,000
1,478,000
0.28%
2022-11-17
M&T Bank Corp
SOLD OFF
-100
-272,000
-
-%
2022-11-16
Front Row Advisors LLC
NEW
-
7,000
7,000
-%
2022-11-16
Retirement Systems of Alabama
ADDED
2.66
-520,000
1,597,000
0.01%
2022-11-16
GLENMEDE TRUST CO NA
ADDED
37.5
3,000
392,000
-%

1–10 of 44

Latest Funds Activity

Are funds buying MHK calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own MHK

Mohawk Industries News

Yahoo Finance

Reasons for Mohawk Industries (MHK)’s Underperformance in Q3.2 days ago

MHK Fair Value

Mohawk Industries fair value in different scenarios

The table shows the Fair Value estimates for Mohawk Industries for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

147.09

44.08%

194.35

90.37%

267.90

162.42%

324.33

217.69%

381.28

273.47%

Current Inflation

138.26

35.43%

179.26

75.59%

241.23

136.29%

289.60

183.67%

337.71

230.80%

Very High Inflation

127.24

24.64%

160.89

57.60%

209.71

105.42%

248.85

143.76%

287.01

181.13%

Historical Mohawk Industries Fair Value Estimates


Recent SEC filings of Mohawk Industries

View All Filings
Date Filed Form Type Document
Oct 28, 2022
10-Q
Quarterly Report
Oct 27, 2022
8-K
Current Report
Aug 24, 2022
4
Insider Trading

Latest Insider Trading transactions for MHK

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-08-23
HELEN SUZANNE L
SOLD
-707,491
112.3
-6,300
-
2022-08-17
Thiers Bernard
SOLD
-980,130
122.516
-8,000
President-Flooring ROW
2022-08-12
Thiers Bernard
SOLD
-1,010,000
126.25
-8,000
President-Flooring ROW
2022-03-04
Patton Rodney David
ACQUIRED
-
-
5,030
VP BUSINESS STRATEGY
2022-03-04
LORBERBAUM JEFFREY S
ACQUIRED
-
-
14,969
CHIEF EXECUTIVE OFFICER
2022-03-04
LEE STEVEN HYOSIG
ACQUIRED
-
-
942
CAO and Corporate Controller
2022-03-04
De Cock Paul F
SOLD (Taxes)
-321,124
137.35
-2,338
PRESIDENT FLOORING NA
2022-03-04
WELLBORN CHISTOPHER
SOLD (Taxes)
-485,807
137.35
-3,537
PRESIDENT AND COO
2022-03-04
Brunk James
SOLD (Taxes)
-57,824.4
137.35
-421
CFO - VP FINANCE
2022-03-04
WELLBORN CHISTOPHER
ACQUIRED
-
-
12,934
PRESIDENT AND COO

1–10 of 50

Jeffrey S. Lorberbaum
43000
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.

MHK Income Statement

2022-10-01
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Oct. 01, 2022
Oct. 02, 2021
Oct. 01, 2022
Oct. 02, 2021
Income Statement [Abstract]    
Net sales$ 2,917,539$ 2,817,017$ 9,086,390$ 8,439,876
Cost of sales2,203,8781,979,7026,697,4045,908,585
Gross profit713,661837,3152,388,9862,531,291
Selling, general and administrative expenses523,479477,3411,510,0761,449,378
Impairment of goodwill and indefinite-lived intangibles695,7710695,7710
Operating (loss) income(505,589)359,974183,1391,081,913
Interest expense13,79714,94837,33745,083
Other (income) expense, net(1,242)21(1,622)(13,374)
(Loss) earnings before income taxes(518,144)345,005147,4241,050,204
Income tax expense15,56973,821155,193205,756
Net (loss) earnings including noncontrolling interests(533,713)271,184(7,769)844,448
Net earnings attributable to noncontrolling interests256206440378
Net (loss) earnings attributable to Mohawk Industries, Inc.$ (533,969)$ 270,978$ (8,209)$ 844,070
Basic (loss) earnings per share attributable to Mohawk Industries, Inc.    
Basic (loss) earnings per share attributable to Mohawk Industries, Inc. (in usd per share)$ (8.40)$ 3.95$ (0.13)$ 12.16
Weighted-average common shares outstanding-basic (in shares)63,53468,54163,92369,389
Diluted (loss) earnings per share attributable to Mohawk Industries, Inc.    
Diluted (loss) earnings per share attributable to Mohawk Industries, Inc. (in usd per share)$ (8.40)$ 3.93$ (0.13)$ 12.11
Weighted-average common shares outstanding-diluted (in shares)63,53468,86463,92369,683

MHK Balance Sheet

2022-10-01
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 01, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 326,971$ 268,895
Short-term investments110,000323,000
Receivables, net2,003,2611,839,985
Inventories2,900,1162,391,672
Prepaid expenses495,226394,649
Other current assets18,75520,156
Total current assets5,854,3295,238,357
Property, plant and equipment9,342,8989,250,587
Less: accumulated depreciation4,818,3624,613,722
Property, plant and equipment, net4,524,5364,636,865
Right of use operating lease assets400,412389,967
Goodwill1,827,9682,607,909
Tradenames646,661694,905
Other intangible assets subject to amortization, net176,439205,075
Deferred income taxes and other non-current assets370,689451,439
Total assets13,801,03414,224,517
Current liabilities:  
Short-term debt and current portion of long-term debt1,542,139624,503
Accounts payable and accrued expenses2,256,0972,217,418
Current operating lease liabilities106,511104,434
Total current liabilities3,904,7472,946,355
Deferred income taxes430,888495,521
Long-term debt, less current portion1,019,9841,700,282
Non-current operating lease liabilities306,617297,390
Other long-term liabilities313,741356,753
Total liabilities5,975,9775,796,301
Commitments and contingencies (Note 17)
Stockholders’ equity:  
Preferred stock, $.01 par value; 60 shares authorized; no shares issued00
Common stock, $.01 par value; 150,000 shares authorized; 70,875 and 72,952 shares issued and outstanding in 2022 and 2021, respectively709729
Additional paid-in capital1,925,8941,911,131
Retained earnings7,376,3047,692,064
Accumulated other comprehensive loss(1,268,663)(966,952)
Stockholders' equity before treasury stock8,034,2448,636,972
Less: treasury stock at cost; 7,341 and 7,343 shares in 2022 and 2021, respectively215,491215,547
Total Mohawk Industries, Inc. stockholders’ equity7,818,7538,421,425
Nonredeemable noncontrolling interests6,3046,791
Total stockholders’ equity7,825,0578,428,216
Total liabilities and stockholders’ equity$ 13,801,034$ 14,224,517