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Mohawk Industries Inc Stock Research

MHK

96.49USD+1.95(+2.06%)Market Closed

Market Summary

USD96.49+1.95
Market Closed
2.06%

MHK Alerts

MHK Stock Price

MHK RSI Chart

MHK Valuation

Market Cap

6.8B

Price/Earnings (Trailing)

270.87

Price/Sales (Trailing)

0.58

EV/EBITDA

7.61

Price/Free Cashflow

77.35

MHK Price/Sales (Trailing)

MHK Profitability

EBT Margin

1.57%

Return on Equity

0.32%

Return on Assets

0.18%

Free Cashflow Yield

1.29%

MHK Fundamentals

MHK Revenue

Revenue (TTM)

11.7B

Revenue Y/Y

-3.99%

Revenue Q/Q

-9.15%

MHK Earnings

Earnings (TTM)

25.2M

Earnings Y/Y

-82.31%

Earnings Q/Q

106.27%

Price Action

52 Week Range

87.02159.00
(Low)(High)

Last 7 days

-6.9%

Last 30 days

-21.0%

Last 90 days

-5.9%

Trailing 12 Months

-31.6%

MHK Financial Health

Current Ratio

1.92

Debt/Equity

0.27

Debt/Cashflow

0.39

MHK Investor Care

Shares Dilution (1Y)

3.41%

Diluted EPS (TTM)

0.39

Peers (Alternatives to Mohawk Industries)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
33.7B
33.7B
-4.22% 20.48%
5.93
1
16.58% 25.40%
18.6B
4.9B
-1.90% -11.92%
19.15
3.84
-2.46% -10.04%
12.6B
16.2B
-4.83% 17.99%
4.83
0.78
16.53% 34.48%
MID-CAP
7.0B
19.7B
-12.75% -30.01%
-4.6
0.35
-10.28% -185.19%
6.8B
11.7B
-21.05% -31.64%
270.87
0.58
4.79% -97.56%
6.5B
4.9B
-7.96% 21.11%
14.27
1.32
-0.19% -27.03%
4.9B
9.5B
-17.34% -43.78%
24.69
0.51
-10.67% -68.33%
4.2B
5.1B
-10.73% -14.14%
13.49
0.81
1.46% -23.01%
3.4B
2.8B
-7.59% -3.00%
10.56
1.4
36.51% 120.80%
2.6B
2.2B
-3.68% 1.05%
10.37
1.18
52.07% 45.82%
SMALL-CAP
1.3B
2.5B
0.84% -0.49%
7.24
0.51
12.82% 32.93%
234.5M
586.6M
-4.45% 1.03%
24.44
0.4
-4.47% -60.39%
106.5M
453.7M
-1.29% 2.05%
13
0.23
-15.02% 8.77%
11.6M
303.6M
-25.27% -76.07%
-0.33
0.04
-11.04% -2270.73%

Financials for Mohawk Industries

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-0.9%11,73711,84711,74711,54711,201
Gross Profit-5.9%2,9433,1263,2503,2793,269
  S&GA Expenses0.5%2,0031,9941,9481,9411,934
EBITDA-18.2%8311,0171,8761,928-
EBITDA Margin-17.5%0.07*0.09*0.16*0.17*-
Earnings Before Taxes-52.5%1843871,2501,2921,290
EBT Margin-52.1%0.02*0.03*0.11*0.11*-
Interest Expenses4.9%52.0050.0051.0053.0057.00
Net Income-86.0%25.001819861,0421,033
Net Income Margin-85.9%0.00*0.02*0.08*0.09*-
Free Cahsflow196.9%88.00-91.21185414-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets2.3%14,12013,80114,68914,38714,225
  Current Assets0.7%5,8955,8545,9415,5655,238
    Cash Equivalents55.9%510327224231269
  Inventory-3.7%2,7942,9002,8262,5132,392
  Net PPE3.0%4,6614,5254,5824,5534,637
  Goodwill5.5%1,9281,8282,5362,5792,608
Liabilities2.1%6,1035,9766,0836,0995,796
  Current Liabilities-21.4%3,0703,9053,9243,8722,946
  Long Term Debt-2,333----
    LT Debt, Current-45.5%8411,5421,4991,546625
    LT Debt, Non Current94.0%1,9791,0201,0521,0881,700
Shareholder's Equity2.5%8,0127,8198,6078,2888,421
  Retained Earnings0.5%7,4107,3767,9117,6317,692
  Additional Paid-In Capital0.3%1,9311,9261,9201,9141,911
Accumulated Depreciation0.6%4,8184,7904,6884,614-
Shares Outstanding0%71.0071.0071.0071.0073.00
Minority Interest1.6%6.006.006.007.007.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations4.6%6696409141,1041,309
  Share Based Compensation-5.6%22.0024.0025.0025.0026.00
Cashflow From Investing40.2%-625-1,045-449-338-556
Cashflow From Financing148.6%194-400-999-1,103-1,232
  Buy Backs-58.1%3087359431,084900

Risks for MHK

What is the probability of a big loss on MHK?

99.2%


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

71.9%


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

56.9%


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.

Drawdowns

Returns for MHK

Cumulative Returns on MHK

-1.8%


10-Year Cumulative Returns

-9.0%


7-Year Cumulative Returns

-17.5%


5-Year Cumulative Returns

-0.7%


3-Year Cumulative Returns

What are the long-term rolling returns for MHK?

FIve years rolling returns for Mohawk Industries.

Annualized Returns

Which funds bought or sold MHK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-20.6
-120,048
973,952
-%
2023-03-06
Rockefeller Capital Management L.P.
added
143
21,000
31,000
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
sold off
-100
-
-
-%
2023-03-01
Lakewood Asset Management LLC
new
-
1,032,000
1,032,000
0.83%
2023-02-28
Voya Investment Management LLC
added
1.61
231,599
1,901,600
-%
2023-02-24
SRS Capital Advisors, Inc.
reduced
-10.00
39.00
34,039
-%
2023-02-24
NATIXIS
sold off
-100
-296,000
-
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
54,000
503,000
-%
2023-02-22
CVA Family Office, LLC
new
-
2,044
2,044
-%
2023-02-21
KB FINANCIAL PARTNERS, LLC
added
18.85
6,000
23,000
0.01%

1–10 of 45

Latest Funds Activity

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

Mohawk Industries News

MarketWatch

Mohawk Industries Inc. stock rises Thursday, outperforms market.

MarketWatch,
2 days ago

DirectorsTalk Interviews

U.S News & World Report Money

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
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
9.66%
6,136,576
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

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

115.35

19.55%

162.18

68.08%

203.39

110.79%

245.56

154.49%

279.15

189.30%
Current Inflation

109.48

13.46%

150.44

55.91%

185.42

92.16%

221.16

129.21%

249.56

158.64%
Very High Inflation

102.04

5.75%

136.04

40.99%

163.86

69.82%

192.32

99.32%

214.84

122.66%

Historical Mohawk Industries Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Mohawk Industries

View All Filings
Date Filed Form Type Document
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading

Latest Insider Trading transactions for MHK

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-04
Patton Rodney David
sold (taxes)
-132,186
106
-1,242
vp business strategy
2023-03-04
WELLBORN CHISTOPHER
sold (taxes)
-409,010
106
-3,843
president and coo
2023-03-04
Brunk James
sold (taxes)
-104,727
106
-984
cfo - vp finance
2023-03-04
De Cock Paul F
sold (taxes)
-191,361
106
-1,798
president flooring na
2023-03-04
LORBERBAUM JEFFREY S
sold (taxes)
-563,653
106
-5,296
chief executive officer
2023-02-28
WELLBORN CHISTOPHER
acquired
-
-
8,985
president and coo
2023-02-28
Brunk James
acquired
-
-
4,456
cfo - vp finance
2023-02-28
Thiers Bernard
acquired
-
-
4,359
president-flooring row
2023-02-28
Patton Rodney David
acquired
-
-
6,220
vp business strategy
2023-02-28
Harkins William Wayne II
acquired
-
-
1,199
cao and corporate controller

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

2022-12-31
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Net sales$ 11,737,065$ 11,200,613$ 9,552,197
Cost of sales8,793,6397,931,8797,121,507
Gross profit2,943,4263,268,7342,430,690
Selling, general and administrative expenses2,003,4381,933,7231,794,688
Impairment of goodwill and indefinite-lived intangibles695,77100
Operating income244,2171,335,011636,002
Interest expense51,93857,25252,379
Other expense (income), net8,386(12,234)(751)
Earnings before income taxes183,8931,289,993584,374
Income tax expense158,110256,44568,647
Net earnings including noncontrolling interests25,7831,033,548515,727
Net earnings attributable to noncontrolling interests536389132
Net earnings attributable to Mohawk Industries, Inc.$ 25,247$ 1,033,159$ 515,595
Basic earnings per share attributable to Mohawk Industries, Inc.   
Basic earnings per share attributable to Mohawk Industries, Inc. (usd per share)$ 0.40$ 15.01$ 7.24
Weighted-average common shares outstanding—basic (in shares)63,82668,85271,214
Diluted earnings per share attributable to Mohawk Industries, Inc.   
Diluted earnings per share attributable to Mohawk Industries, Inc. (usd per share)$ 0.39$ 14.94$ 7.22
Weighted-average common shares outstanding—diluted (in shares)64,06269,14571,401

MHK Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 509,623$ 268,895
Short-term investments158,000323,000
Receivables, net1,904,7861,839,985
Inventories2,793,7652,391,672
Prepaid expenses498,222394,649
Other current assets30,70320,156
Total current assets5,895,0995,238,357
Property, plant and equipment, net4,661,1784,636,865
Right of use operating lease assets387,816389,967
Goodwill1,927,7592,607,909
Tradenames668,328694,905
Other intangible assets subject to amortization, net189,620205,075
Deferred income taxes and other non-current assets390,632451,439
Total assets14,120,43214,224,517
Current liabilities:  
Short-term debt and current portion of long-term debt840,571624,503
Accounts payable and accrued expenses2,124,4482,217,418
Current operating lease liabilities105,266104,434
Total current liabilities3,070,2852,946,355
Deferred income taxes444,660495,521
Long-term debt, less current portion1,978,5631,700,282
Non-current operating lease liabilities296,136297,390
Other long-term liabilities312,874356,753
Total liabilities6,102,5185,796,301
Commitments and contingencies (Note 16)
Stockholders’ equity:  
Preferred stock, $.01 par value; 60 shares authorized; no shares issued00
Common stock, $.01 par value; 150,000 shares authorized; 70,875 and 72,952 shares issued and outstanding in 2022 and 2021, respectively709729
Additional paid-in capital1,930,7891,911,131
Retained earnings7,409,7607,692,064
Accumulated other comprehensive loss(1,114,258)(966,952)
Shareholder's equity before treasury stock8,227,0008,636,972
Less: treasury stock at cost; 7,341 and 7,343 shares in 2022 and 2021, respectively215,491215,547
Total Mohawk Industries, Inc. stockholders’ equity8,011,5098,421,425
Nonredeemable noncontrolling interests6,4056,791
Total stockholders’ equity8,017,9148,428,216
Total liabilities and stockholders' equity$ 14,120,432$ 14,224,517