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Mohawk Industries Inc Stock Research

MHK

91.54USD-0.21(-0.23%)Market Closed
Watchlist

Market Summary

USD91.54-0.21
Market Closed
-0.23%

MHK Alerts

  • 1 major insider sales recently.
  • Big fall in earnings (Y/Y)

MHK Stock Price

MHK RSI Chart

MHK Valuation

Market Cap

6.5B

Price/Earnings (Trailing)

-20.38

Price/Sales (Trailing)

0.57

EV/EBITDA

12.81

Price/Free Cashflow

14.72

MHK Price/Sales (Trailing)

MHK Profitability

EBT Margin

-0.12%

Return on Equity

-1.73%

Return on Assets

-0.95%

Free Cashflow Yield

6.79%

MHK Fundamentals

MHK Revenue

Revenue (TTM)

11.3B

Revenue Y/Y

-6.43%

Revenue Q/Q

5.14%

MHK Earnings

Earnings (TTM)

-319.1M

Earnings Y/Y

-63.91%

Earnings Q/Q

26.15%

Price Action

52 Week Range

87.02130.63
(Low)(High)

Last 7 days

-0.3%

Last 30 days

-6%

Last 90 days

-8.9%

Trailing 12 Months

-8.9%

MHK Financial Health

Current Ratio

1.83

MHK Investor Care

Shares Dilution (1Y)

11.77%

Diluted EPS (TTM)

-5.04

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for MHK

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-14
LORBERBAUM JEFFREY S
sold
-1,012,240
101
-10,000
chief executive officer
2023-07-31
Patton Rodney David
sold
-277,571
106
-2,600
vp business strategy
2023-04-26
WELLBORN CHISTOPHER
acquired
-
-
30,000
president and coo
2023-03-04
LORBERBAUM JEFFREY S
sold (taxes)
-563,653
106
-5,296
chief executive officer
2023-03-04
Brunk James
sold (taxes)
-104,727
106
-984
cfo - vp finance
2023-03-04
WELLBORN CHISTOPHER
sold (taxes)
-409,010
106
-3,843
president and coo
2023-03-04
Patton Rodney David
sold (taxes)
-132,186
106
-1,242
vp business strategy
2023-03-04
De Cock Paul F
sold (taxes)
-191,361
106
-1,798
president flooring na
2023-02-28
De Cock Paul F
acquired
-
-
4,780
president flooring na
2023-02-28
WELLBORN CHISTOPHER
acquired
-
-
8,985
president and coo

1–10 of 50

Which funds bought or sold MHK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
unchanged
-
3,214
112,754
0.03%
2023-09-05
Delos Wealth Advisors, LLC
unchanged
-
9.00
310
-%
2023-08-28
Banco BTG Pactual S.A.
new
-
692,410
692,410
0.13%
2023-08-24
Alberta Investment Management Corp
added
446
5,467,920
6,650,520
0.06%
2023-08-23
WOLVERINE TRADING, LLC
reduced
-36.89
-442,199
928,801
-%
2023-08-21
BOKF, NA
reduced
-1.12
27,787
1,586,910
0.03%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-2.01
5,745
653,098
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
added
3.11
501,394
8,678,640
0.01%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-4.3
-8,000
486,000
-%
2023-08-17
Coppell Advisory Solutions LLC
new
-
621
621
-%

1–10 of 42

Latest Funds Activity

Are funds buying MHK calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MHK
No. of Funds

Schedule 13G FIlings of Mohawk Industries

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
boston partners
5.04%
3,204,140
SC 13G
Feb 09, 2023
vanguard group inc
9.66%
6,136,576
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 01, 2023
blackrock inc.
6.4%
4,048,820
SC 13G/A
Feb 10, 2022
vanguard group inc
8.67%
5,875,192
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 01, 2022
blackrock inc.
6.4%
4,327,188
SC 13G/A
Apr 12, 2021
fmr llc
-
0
SC 13G/A
Feb 10, 2021
vanguard group inc
8.49%
6,048,153
SC 13G/A
Feb 08, 2021
fmr llc
-
0
SC 13G

Recent SEC filings of Mohawk Industries

View All Filings
Date Filed Form Type Document
Sep 18, 2023
8-K
Current Report
Sep 13, 2023
8-K
Current Report
Sep 12, 2023
424B2
Prospectus Filed
Sep 11, 2023
FWP
Prospectus Filed
Sep 11, 2023
424B5
Prospectus Filed
Aug 14, 2023
4
Insider Trading
Aug 14, 2023
144
Notice of Insider Sale Intent
Aug 01, 2023
4
Insider Trading
Jul 31, 2023
144
Notice of Insider Sale Intent
Jul 28, 2023
10-Q
Quarterly Report

MHK Fair Value

Loading...

Peers (Alternatives to Mohawk Industries)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
38.3B
34.6B
-3.17% 55.41%
7.84
1.11
8.28% -12.38%
20.4B
4.9B
4.81% 21.86%
20.56
4.16
-1.64% -2.00%
17.0B
16.9B
-2.72% 90.39%
6.15
1.01
13.54% 23.01%
MID-CAP
7.6B
4.9B
4.50% 62.31%
18.32
1.53
-4.25% -28.27%
7.5B
19.1B
1.54% -5.71%
-4.83
0.39
-10.19% -317.37%
6.5B
11.3B
-6.00% -8.92%
-20.38
0.57
-3.59% -132.36%
3.9B
8.5B
-8.54% -41.54%
-12.54
0.46
-18.72% -142.43%
3.5B
4.9B
-8.61% -31.78%
14.89
0.7
-7.23% -40.28%
2.3B
2.0B
0.22% 28.13%
10.3
1.15
7.70% -1.28%
-
2.3B
2.85% 23.09%
-
-
-3.20% 4.23%
SMALL-CAP
1.4B
2.2B
1.72% 23.52%
9.68
0.61
-8.58% -14.82%
220.5M
557.6M
-6.88% 36.28%
-36.48
0.4
-3.54% -210.76%
100.9M
393.7M
-7.40% 28.87%
6.83
0.26
-27.67% 697.52%
10.3M
283.4M
-15.96% -43.18%
-0.33
0.04
-16.60% -306.93%

Mohawk Industries News

MarketWatch
Mohawk Industries Inc. stock falls Wednesday, still outperforms market.
MarketWatch,
5 hours ago
Stockhouse Publishing
InvestorsObserver
Simply Wall St

Returns for MHK

Cumulative Returns on MHK

-3.5%


10-Year Cumulative Returns

-10.9%


7-Year Cumulative Returns

-13.2%


5-Year Cumulative Returns

-3.2%


3-Year Cumulative Returns

Risks for MHK

What is the probability of a big loss on MHK?

100%


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

74.2%


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

56.1%


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.

Drawdowns

Financials for Mohawk Industries

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-1.8%11,32511,52811,73711,84711,74711,54711,20111,08210,8399,9359,5529,3359,2799,8149,9719,99510,02110,0149,9849,9049,807
Gross Profit-5.1%2,6432,7852,9433,1263,2503,2793,2693,2693,1382,6062,4312,3152,3012,6682,6762,7002,7282,7582,8382,9453,008
  S&GA Expenses3.6%2,1132,0402,0031,9941,9481,9411,9341,9051,8711,8041,7951,8071,8151,8541,8491,8141,7961,7661,7431,7201,690
EBITDA-100.0%-6688311,0171,8761,9281,9391,9901,8961,4241,2441,1161,0341,3521,367------
EBITDA Margin-100.0%-0.06*0.07*0.09*0.16*0.17*0.17*0.18*0.17*0.14*0.13*0.12*0.11*0.14*0.14*------
Interest Expenses18.7%68.0058.0052.0050.0051.0053.0057.0061.0061.0059.0052.0047.0042.0039.0041.0045.0044.0042.0039.0032.0030.00
Earnings Before Taxes-1675.5%-244-13.771843871,2501,2921,2901,3241,2277525844643947287507958949511,0491,1831,277
EBT Margin100.0%-0.00*0.02*0.03*0.11*0.11*0.12*0.12*0.11*0.08*0.06*0.05*0.04*0.07*0.08*------
Net Income-128.2%-319-13925.001819861,0421,0331,0921,026642516532482733744709780775862873916
Net Income Margin100.0%--0.01*0.00*0.02*0.08*0.09*0.09*0.10*0.09*0.06*0.05*0.06*0.05*0.07*0.07*------
Free Cashflow-100.0%-29288.00-91.211854146339691,1481,4101,3441,3971,155919873------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-1.2%14,58514,76314,12013,80114,68914,38714,22514,45014,79314,29014,32813,78413,36913,25713,38713,39313,80613,60513,09913,00112,894
  Current Assets-3.5%5,8516,0615,8955,8545,9415,5655,2385,6465,9515,5665,3645,1524,7464,6134,4294,7284,8084,6894,5094,5484,774
    Cash Equivalents-0.3%5715735103272242312691,12875455776978173826313511112810611991.00518
  Inventory-4.1%2,6192,7302,7942,9002,8262,5132,3922,2162,0821,9971,9131,8421,9222,1952,2822,3382,3682,3382,2882,2142,061
  Net PPE0.2%4,9574,9464,6614,5254,5824,5534,6374,4424,4594,4324,5914,4054,4354,4734,6994,6014,7144,6744,7004,5864,421
  Goodwill0.4%2,0312,0221,9281,8282,5362,5792,6082,6122,6092,5952,6512,5752,5422,5202,5702,5192,5662,5492,5212,52289.00
Liabilities-4.3%6,3736,6586,1035,9766,0836,0995,7965,6986,0195,7915,7875,6175,4455,4095,2605,6275,9856,0285,6595,3985,491
  Current Liabilities-0.9%3,2883,3183,0703,9053,9243,8722,9462,9023,1793,0072,3712,3871,8722,8712,7133,1153,7063,4343,2662,9572,736
    LT Debt, Current-1.7%1,0381,0568411,5421,4991,5466255899599543773561351,2111,0511,2731,8921,7631,7421,3341,147
    LT Debt, Non Current-11.1%2,0132,2651,9791,0201,0521,0881,7001,7101,7231,7192,3572,2832,5731,5141,5181,4841,1691,4981,5161,5291,884
Shareholder's Equity1.2%8,2068,1068,0127,8198,6078,2888,4288,7528,7748,4998,5418,1677,9257,8488,1267,7657,8227,5777,4407,5727,373
  Retained Earnings1.4%7,5917,4907,4107,3767,9117,6317,6927,9307,8687,6737,5597,4317,2267,2747,2326,9916,9036,7106,5886,6366,410
  Additional Paid-In Capital0.3%1,9371,9321,9311,9261,9201,9141,9111,9031,8961,8901,8851,8801,8751,8701,8681,8651,8591,8531,8521,8471,842
Accumulated Depreciation0.6%5,1805,1474,9874,8184,7904,6884,6144,5514,4654,3404,3144,0953,9713,7953,7973,7573,6833,6083,5273,4683,369
Shares Outstanding0.0%71.0071.0071.0071.0064.0065.0073.0069.0069.0070.0078.0071.0071.0072.00-72.0072.0072.00-75.0075.00
Minority Interest-5.1%6.006.006.006.006.007.007.007.007.007.007.006.006.006.007.007.007.006.006.008.008.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations13.3%9878716696409141,1041,3091,5051,6041,8341,7701,8031,6161,4441,4191,2651,1271,1681,1811,2141,401
  Share Based Compensation-1.4%21.0022.0022.0024.0025.0025.0026.0025.0022.0021.0020.0021.0022.0023.0024.0022.0021.0029.0031.0032.0034.00
Cashflow From Investing12.4%-1,006-1,149-625-1,045-449-338-556-210-1,072-1,154-954-772-472-537-616-778-1,200-1,302-1,332-1,363-1,050
Cashflow From Financing-38.2%393636194-400-999-1,103-1,232-954-526-395-188-348-521-729-789-463-31513819816844.00
  Buy Backs-61.4%0.001.003087359431,08490059338424318992.00160169100351283366274--

MHK Income Statement

2023-07-01
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 01, 2023
Jul. 02, 2022
Income Statement [Abstract]    
Net sales$ 2,950,428$ 3,153,188$ 5,756,651$ 6,168,851
Cost of sales2,218,5192,279,9914,381,3004,493,526
Gross profit731,909873,1971,375,3511,675,325
Selling, general and administrative expenses578,863505,2701,096,515986,597
Operating income153,046367,927278,836688,728
Interest expense22,85712,05939,99423,540
Other (income) expense, net2,215(2,818)1,649(380)
Earnings before income taxes127,974358,686237,193665,568
Income tax expense26,76078,17655,703139,624
Net earnings including noncontrolling interests101,214280,510181,490525,944
Less: net earnings (loss) attributable to noncontrolling interests(3)7935184
Net earnings attributable to Mohawk Industries, Inc.$ 101,217$ 280,431$ 181,455$ 525,760
Basic earnings per share attributable to Mohawk Industries, Inc. (in usd per share)$ 1.59$ 4.41$ 2.85$ 8.20
Weighted-average common shares outstanding-basic (in shares)63,68063,54063,63064,116
Diluted earnings per share attributable to Mohawk Industries, Inc. (in usd per share)$ 1.58$ 4.40$ 2.84$ 8.17
Weighted-average common shares outstanding-diluted (in shares)63,90063,79863,86464,374

MHK Balance Sheet

2023-07-01
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jul. 01, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 570,933$ 509,623
Short-term investments0158,000
Receivables, net2,087,0711,904,786
Inventories2,618,7112,793,765
Prepaid expenses552,162498,222
Other current assets22,45130,703
Total current assets5,851,3285,895,099
Property, plant and equipment10,136,9719,647,779
Less: accumulated depreciation5,179,7464,986,601
Property, plant and equipment, net4,957,2254,661,178
Right of use operating lease assets400,419387,816
Goodwill2,031,0341,927,759
Tradenames708,243668,328
Other intangible assets subject to amortization, net179,686189,620
Deferred income taxes and other non-current assets457,228390,632
Total assets14,585,16314,120,432
Current liabilities:  
Short-term debt and current portion of long-term debt1,038,032840,571
Accounts payable and accrued expenses2,143,8072,124,448
Current operating lease liabilities106,102105,266
Total current liabilities3,287,9413,070,285
Deferred income taxes405,159444,660
Long-term debt, less current portion2,013,3271,978,563
Non-current operating lease liabilities310,612296,136
Other long-term liabilities356,104312,874
Total liabilities6,373,1436,102,518
Commitments and contingencies (Note 17)
Stockholders’ equity:  
Preferred stock, $.01 par value; 60 shares authorized; no shares issued00
Common stock, $.01 par value; 150,000 shares authorized; 71,018 and 70,875 shares issued and outstanding in 2023 and 2022, respectively710709
Additional paid-in capital1,937,3201,930,789
Retained earnings7,591,2157,409,760
Accumulated other comprehensive loss(1,107,742)(1,114,258)
Less: treasury stock at cost; 7,338 and 7,341 shares in 2023 and 2022, respectively215,397215,491
Total Mohawk Industries, Inc. stockholders’ equity8,206,1068,011,509
Nonredeemable noncontrolling interests5,9146,405
Total stockholders’ equity8,212,0208,017,914
Total liabilities and stockholders’ equity$ 14,585,163$ 14,120,432
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.