Mohawk Industries, Inc. (MHK) AI Stock Analysis

Mohawk Industries, Inc. designs, manufactures, and distributes flooring products for residential and commercial spaces across global markets such as the United States, Europe, and Russia. The company operates through three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World. Its Global Ceramic segment provides ceramic, porcelain, and stone tiles under brands like American Olean, Daltile, and Marazzi. Flooring North America supplies carpets, rugs, hardwood, laminate, luxury vinyl tiles, and sheet vinyl under brands including Mohawk, Karastan, and Pergo. Flooring Rest of the World offers wood, vinyl, laminate flooring, roofing elements, and insulation boards under brands like Moduleo and Godfrey Hirst.

Mohawk's revenue contracted over recent fiscal years, moving from $11.20B in FY2021 to $11.74B in FY2022, before falling 5.1% to $11.14B in FY2023, 2.7% to $10.84B in FY2024, and 0.5% to $10.79B in FY2025, reflecting a 5-year revenue CAGR of 2.5%. Net income shifted from $1.03B in FY2021 to -$439.5M in FY2023, then recovered to $517.7M in FY2024 and $369.9M in FY2025. Gross margin declined from 29.2% in FY2021 to 23.9% in FY2025. However, performance improved in the latest quarter ending June 30, 2026, where quarterly revenue grew 6.8% year-over-year and quarterly earnings rose 37.6% year-over-year.

As of June 30, 2026, Mohawk held $849.6M in cash and short-term investments alongside total debt of $2.36B, resulting in net debt of $1.51B. Shareholders' equity stood at $8.54B against total assets of $13.82B, yielding a debt-to-equity ratio of 0.28 and a current ratio of 1.92. In FY2025, operating cash flow reached $1.06B and free cash flow was $616.2M. Capital deployment in FY2025 included $440.0M for capital expenditures and $149.8M directed toward share buybacks, contributing to a 5-year share count reduction of 9.8%.

Mohawk trades at a trailing P/E of 15.9x and a forward P/E of 11.7x, both below the US-listed Consumer Cyclical peers median of 18.0x and 14.1x, respectively. Its enterprise value of $9.61B corresponds to an EV-to-EBITDA multiple of 8.0x, compared to 11.1x for its peer group median. The company carries a PEG ratio of 0.64, a price-to-book of 0.9x, and a price-to-sales of 0.7x. Over the past year, the stock fell 5.3% while the S&P 500 gained 16.8%, and over five years the stock dropped 34.6% against an 83.0% gain for the index.

Wall Street analyst ratings consist of 5 Strong Buy, 10 Hold, and 1 Sell recommendations. The average price target of $136.47 implies upside of 13.4% from the last close of $120.29 on October 16, 2026. For the current fiscal year ending December 31, 2026, consensus estimates project EPS of $9.80, up 9.3%, on revenue of $11.14B. For the next fiscal year, 17 analysts forecast EPS of $9.96 on revenue of $11.38B. Mohawk beat EPS estimates in all 4 of the last 4 quarters, with its next earnings report scheduled for October 29, 2026.

This page is an AI-written research summary of Mohawk Industries, Inc. (MHK). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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