# Mohawk Industries, Inc. (MHK)

> Source: Nexqual · https://nexqual.com/MHK · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Mohawk Industries, Inc. (MHK), nexqual.com/MHK" · informational, not investment advice.

**Price:** USD 128.7 (+9.03% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 118.04 · day 116.91–128.97 · 52w 92.99–140.3 · market cap $8.72B · NYQ

## Key facts
- Last four reported quarters (through Jul 4, 2026): revenue $11.2B, net income $464M (4.2% margin), free cash flow $812M (SEC filings).
- Valuation: P/E 18.8x (avg 16.5x at the last 2 fiscal year-ends).
- 3 of 80 tracked superinvestors hold MHK (13F, Q2 2026): 0 new, 1 added, 2 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 14 Form 4 filings, $27.6M; 14 not under a Rule 10b5-1 plan ($27.6M); 5 by opportunistic insiders (5 outside 10b5-1 plans), 7 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 2.81 on a 1–5 scale) (16 analysts), mean target USD 136.47 (range 112–188).
- Total return with dividends: 1Y -0.2% vs S&P 500 +14.9%; 5Y -33.0% vs S&P 500 +80.3%.
- Next earnings: 2026-10-29, EPS estimate USD 2.58, revenue estimate $2.82B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $11.2B | $11.7B | $11.1B | $10.8B | $10.8B | $11.2B |
| Gross profit | $3.27B | $2.94B | $2.71B | $2.69B | $2.57B | — |
| Operating income | $1.34B | $244M | -$292M | $694M | $490M | $571M |
| Net income | $1.03B | $25.2M | -$449M | $515M | $370M | $464M |
| EPS (diluted) | $14.94 | $0.39 | -$7.05 | $8.09 | $5.93 | — |
| Free cash flow | $633M | $88.5M | $716M | $680M | $616M | $812M |
| Gross margin | 29.2% | 25.1% | 24.3% | 24.8% | 23.9% | — |
| Operating margin | 11.9% | 2.1% | -2.6% | 6.4% | 4.5% | 5.1% |
| Net margin | 9.2% | 0.2% | -4.0% | 4.7% | 3.4% | 4.2% |
| Revenue growth | +17.3% | +4.8% | -5.1% | -2.7% | -0.5% | — |
| Cash + short-term investments | $592M | $668M | $643M | $667M | $856M | — |
| Total debt | $2.33B | $2.83B | $2.71B | $2.25B | $2.04B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jul 4, 2026)
P/E 18.8x · P/S 0.8x · P/FCF 10.7x · P/B 1.0x · FCF yield 9.31% · Earnings yield 5.32% · Buyback yield (TTM) 2.37%
P/E at fiscal year-ends: Dec 2025 18.4x, Dec 2024 14.7x.

## Superinvestors (SEC 13F-HR, Q2 2026)
3 of 80 tracked investors hold MHK. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Harry Burn | Sound Shore | 2.37% | $77.0M | Reduced -1.3% |
| John Rogers | Ariel Investments | 2.13% | $213M | Added +0.7% |
| Richard Pzena | Pzena Investment Management | 0.41% | $139M | Reduced -0.9% |

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 14 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-18 | Helen Suzanne L |  | 800 | $100K | 0.5% | No | Routine (sold in Dec each year 2023–2025; this trade is outside those months) |
| 2026-09-15…2026-09-16 | Lorberbaum Jeffrey S | CHIEF EXECUTIVE OFFICER | 22,875 | $2.9M | 0.2% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-09-11…2026-09-14 | Lorberbaum Jeffrey S | CHIEF EXECUTIVE OFFICER | 68,625 | $8.7M | 0.7% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-14 | Helen Suzanne L |  | 1,000 | $139K | 0.7% | No | Routine (sold in Dec each year 2023–2025; this trade is outside those months) |
| 2026-08-05 | Thiers Bernard | Director | 13,393 | $1.8M | 6.2% | No | Too little history (no open-market trades in 2023 or 2024) |
| 2026-08-03 | Lorberbaum Jeffrey S | CHIEF EXECUTIVE OFFICER | 59,078 | $7.8M | 0.6% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-03 | Helen Suzanne L |  | 7,000 | $921K | 4.5% | No | Routine (sold in Dec each year 2023–2025; this trade is outside those months) |
| 2026-08-03 | Repp David Lee | SVP-CAO & CORPORATE CONTROLLER | 225 | $29K | 11.2% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-17…2026-06-18 | Helen Suzanne L |  | 21,600 | $2.4M | 12.2% | No | Routine (sold in Dec each year 2023–2025; this trade is outside those months) |
| 2026-06-12…2026-06-16 | Helen Suzanne L |  | 5,742 | $638K | 3.1% | No | Routine (sold in Dec each year 2023–2025; this trade is outside those months) |
| 2026-06-12…2026-06-15 | Lorberbaum Jeffrey S | CHIEF EXECUTIVE OFFICER | 5,000 | $559K | 0.1% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-09 | Helen Suzanne L |  | 6,575 | $697K | 3.5% | No | Routine (sold in Dec each year 2023–2025; this trade is outside those months) |
| 2026-06-03…2026-06-04 | Helen Suzanne L |  | 2,844 | $300K | 1.5% | No | Routine (sold in Dec each year 2023–2025; this trade is outside those months) |
| 2026-05-27 | Lorberbaum Jeffrey S | CHIEF EXECUTIVE OFFICER | 5,000 | $528K | 0.1% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Hold (mean 2.81 on a 1–5 scale), 16 analysts; mean target USD 136.47 (low 112, high 188).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-07 | RBC Capital | Downgrade | Sector Perform → Underperform | $130 → $112 |
| 2026-10-06 | Melius Research | Initiated | Buy | $188 |
| 2026-09-25 | Evercore ISI Group | Target lowered | In-Line | $132 → $129 |
| 2026-08-04 | Truist Securities | Target raised | Buy | $135 → $155 |
| 2026-08-03 | RBC Capital | Target raised | Sector Perform | $117 → $130 |
| 2026-08-03 | Evercore ISI Group | Target raised | In-Line | $110 → $132 |
| 2026-08-03 | Wells Fargo | Target raised | Equal-Weight | $115 → $125 |
| 2026-08-03 | Barclays | Target raised | Equal-Weight | $109 → $115 |
| 2026-08-03 | Baird | Target raised | Neutral | $112 → $132 |
| 2026-07-14 | Barclays | Target raised | Equal-Weight | $96 → $109 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -0.2% | -33.0% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -0.2% | -7.7% |
| Volatility (annualized) | 41.2% | 39.2% |
| Max drawdown | -31.1% (Feb 2026→May 2026) | -60.1% (Oct 2021→Oct 2023) |

## Peers (Furnishings, Fixtures & Appliances)
SGI (Somnigroup International Inc.) USD 65.99 +4.96% · ALH (Alliance Laundry Holdings Inc.) USD 21.44 +0.52% · HNI (HNI Corporation) USD 48.21 +6.99% · SN (SharkNinja, Inc.) USD 199.16 +0.80% · TILE (Interface, Inc.) USD 36.51 +4.11% · WHR (Whirlpool Corporation) USD 28.8 +8.56%

## More
Full page: https://nexqual.com/MHK · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by business segment (quarter ended 2026-07-04)

| Line | Revenue | Share | YoY | Operating income | Op. margin |
|---|---|---|---|---|---|
| Global Ceramic | $1.21B | 40.4% | +7.9% | $94.1M | 7.8% |
| Flooring NA | $976.1M | 32.6% | +3.1% | $97.8M | 10.0% |
| Flooring ROW | $805.6M | 26.9% | +9.7% | $78.7M | 9.8% |
| Total revenue | $2.99B | 100% | — | $270.6M | 9.0% |

## Revenue by product line (quarter ended 2026-07-04)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Ceramic & Stone | $1.19B | 39.8% | +8.2% |
| Carpet & Resilient | $18.1M | 0.6% | -6.7% |
| Total revenue | $2.99B | 100% | — |
The lines above cover 40.4% of total revenue.

## Revenue by region (quarter ended 2026-07-04)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| United States | $1.59B | 53.2% | +4.8% |
| Europe | $985.2M | 32.9% | +11.9% |
| Other | $213.6M | 7.1% | -4.9% |
| Other | $213.6M | 7.1% | -4.9% |
| Latin America | $200.6M | 6.7% | +12.4% |
| Total revenue | $2.99B | 100% | — |
The lines above cover 107.1% of total revenue.

## Company outlook (8-K filed 2026-07-30)

- "Our second-quarter reported EPS of $3.22 and adjusted EPS of $3.67 included a benefit of approximately $0.63 from tariff refunds, which were not included in our second quarter guidance."
- "In addition, we have initiated new projects focused on operational simplification, organizational realignment, warehouse consolidation and capacity optimization, all of which will reduce our costs approximately $60 million, with most completed by the end of 2027."
- "Given these factors, we expect our third quarter adjusted earnings per share, excluding any restructuring or other one-time charges, to be between $2.50 and $2.60, including approximately $0.12 from additional tariff refunds we have already received."
- "Excluding tariff refunds and any restructuring or other one-time charges, our outlook contemplates a baseline EPS range of between $2.38 and $2.48." # # # ABOUT MOHAWK INDUSTRIES Over the past two decades, Mohawk Industries has transformed its business into the world's largest flooring company with leading positions in North America, Europe, South America and Oceania."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $2.58 | $2.38 | +8.3% | $2.82B | 17 |
| Next quarter (ends 2026-12-31) | $1.65 | $1.71 | -3.5% | $2.61B | 17 |
| Current fiscal year (ends 2026-12-31) | $9.81 | $8.57 | +14.4% | $11.15B | 17 |
| Next fiscal year (ends 2027-12-31) | $9.96 | $9.82 | +1.4% | $11.38B | 17 |