Mohawk Industries, Inc. (MHK) Balance Sheet
MHK balance sheet, 2025
December 31, 2025 · U.S. dollars$13.69B assets = $5.31B liabilities + $8.38B equity
Both columns are drawn to the same scale: what MHK owns equals what it owes plus shareholders’ equity. Hover a block for its value.
MHK financial health
Descriptive bands, not a rating. Fiscal 2025.
MHK balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $10.23B2016 | $13.69B2025 | +3.3%/yr | |
| Total liabilities | $4.45B2016 | $5.31B2025 | +2.0%/yr | |
| Shareholders’ equity | $5.78B2016 | $8.37B2025 | +4.2%/yr | |
| Cash & short-term investments | $121.7M2016 | $856.1M2025 | +24.2%/yr | |
| Total debt | $2.51B2016 | $2.46B2025 | −0.2%/yr | |
| Net cash (debt) | −$2.39B2016 | −$1.60B2025 | +$788.6M | |
| Working capital | $753.2M2016 | $3.25B2025 | +$2.5B | |
| Book value per share | $77.472016 | $134.192025 | +6.3%/yr | |
| Current ratio | 1.282016 | 2.192025 | +0.92 | |
| Debt / equity | 0.432016 | 0.292025 | −0.14 | |
| Shares outstanding | 74.6M2016 | 62.4M2025 | −2.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
MHK assets
MHK liabilities and equity
MHK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
MHK balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $856.1M | $666.6M | $642.6M | $667.6M | $591.9M | $1.34B | $177.3M | $119.0M | $84.9M | $121.7M |
| Cash & equivalents | $856.1M | $666.6M | $642.6M | $509.6M | $268.9M | $768.6M | $134.8M | $119.0M | $84.9M | $121.7M |
| Short-term investments | — | — | $0 | $158.0M | $323.0M | $571.7M | $42.5M | — | $0 | $0 |
| Receivables | $1.92B | $1.80B | $1.87B | $1.90B | $1.84B | $1.71B | $1.53B | $1.61B | $1.56B | $1.38B |
| Inventory | $2.66B | $2.51B | $2.55B | $2.79B | $2.39B | $1.91B | $2.28B | $2.29B | $1.95B | $1.68B |
| Other current assets | $525.2M | $0 | $535.1M | $528.9M | $414.8M | $400.8M | $443.2M | $496.5M | $481.3M | $297.9M |
| Total current assets | $5.97B | $4.34B | $5.60B | $5.90B | $5.24B | $5.36B | $4.43B | $4.51B | $4.07B | $3.47B |
| Property, plant & equipment (net) | $5.18B | $4.95B | $5.42B | $5.05B | $5.03B | $4.91B | $5.02B | $4.70B | $4.27B | $3.37B |
| Goodwill & intangible assets | $2.02B | $1.90B | $2.04B | $2.79B | $3.51B | $3.60B | $3.50B | $3.48B | $3.36B | $3.11B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $516.0M | $1.58B | $498.8M | $390.6M | $451.4M | $447.3M | $436.4M | $407.1M | $387.9M | $279.7M |
| Total assets | $13.69B | $12.78B | $13.56B | $14.12B | $14.22B | $14.33B | $13.39B | $13.10B | $12.09B | $10.23B |
| Liabilities | ||||||||||
| Accounts payable | $1.09B | $978.5M | $1.04B | $1.09B | $1.23B | $1.02B | $825.0M | $811.9M | $810.0M | $729.4M |
| Short-term debt | $411.7M | $494.1M | $1.11B | $945.8M | $728.9M | $475.3M | $1.15B | $1.74B | $1.20B | $1.38B |
| Deferred revenue | — | — | $68.0M | $72.6M | $65.7M | −$1.90B | −$1.56B | −$712.0M | −$641.6M | −$606.2M |
| Total current liabilities | $2.72B | $2.67B | $3.15B | $3.07B | $2.95B | $2.37B | $2.71B | $3.27B | $2.66B | $2.72B |
| Long-term debt | $1.74B | $1.68B | $1.70B | $1.98B | $1.70B | $2.36B | $1.52B | $1.52B | $1.56B | $1.13B |
| Lease obligations | $426.8M | $391.5M | $446.4M | $401.4M | $401.8M | $332.8M | $330.1M | — | — | — |
| Other long-term liabilities | $845.3M | $0 | $1.08B | $1.05B | $1.15B | $1.06B | $1.03B | $877.2M | $812.6M | $600.0M |
| Total liabilities | $5.31B | $5.22B | $5.93B | $6.10B | $5.80B | $5.79B | $5.26B | $5.66B | $5.03B | $4.45B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $700,000 | $700,000 | $700,000 | $709,000 | $729,000 | $776,000 | $790,000 | $797,000 | $1.83B | $1.79B |
| Retained earnings (deficit) | $7.50B | $7.33B | $6.97B | $7.41B | $7.69B | $7.56B | $7.23B | $6.59B | $6.00B | $5.03B |
| Treasury stock | — | — | — | — | −$215.5M | −$215.6M | −$215.7M | −$215.7M | −$215.8M | −$215.8M |
| Accumulated other comprehensive income | −$907.9M | −$1.53B | −$1.08B | −$1.11B | −$967.0M | −$695.1M | −$765.8M | −$791.6M | −$558.5M | −$833.0M |
| Minority interest | $5.4M | $5.5M | $6.0M | $6.4M | $6.8M | $6.8M | $6.6M | $6.2M | $7.8M | $7.0M |
| Total shareholders' equity | $8.37B | $7.56B | $7.62B | $8.01B | $8.42B | $8.53B | $8.12B | $7.43B | $7.06B | $5.78B |
| Key figures | ||||||||||
| Total debt | $2.46B | $555.9M | $3.15B | $3.22B | $2.73B | $3.07B | $2.90B | $3.26B | $2.76B | $2.51B |
| Net cash (debt) | −$1.60B | $110.7M | −$2.51B | −$2.55B | −$2.13B | −$1.73B | −$2.72B | −$3.14B | −$2.68B | −$2.39B |
| Working capital | $3.25B | $1.67B | $2.46B | $2.82B | $2.29B | $2.99B | $1.72B | $1.24B | $1.42B | $753.2M |
| Tangible book value | $6.35B | $5.65B | $5.59B | $5.23B | $4.91B | $4.93B | $4.62B | $3.95B | $3.70B | $2.67B |
| Book value per share | $134.19 | $118.82 | $119.75 | $125.06 | $121.79 | $119.53 | $112.36 | $99.42 | $94.32 | $77.47 |
| Shares outstanding | 62.4M | 63.6M | 63.7M | 64.1M | 69.1M | 71.4M | 72.3M | 74.8M | 74.8M | 74.6M |
| Current ratio | 2.19 | 1.62 | 1.78 | 1.92 | 1.78 | 2.26 | 1.63 | 1.38 | 1.53 | 1.28 |
| Quick ratio | 1.02 | 0.92 | 0.80 | 0.84 | 0.83 | 1.29 | 0.63 | 0.53 | 0.62 | 0.55 |
| Debt / equity | 0.29 | 0.07 | 0.41 | 0.40 | 0.32 | 0.36 | 0.36 | 0.44 | 0.39 | 0.43 |
| Equity / assets | 61.2% | 59.1% | 56.2% | 56.7% | 59.2% | 59.6% | 60.7% | 56.8% | 58.4% | 56.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $849.6M | $872.3M | $856.1M | $516.2M | $546.7M | $702.5M | $666.6M | $424.0M | $497.4M | $658.5M | $642.6M | $518.5M |
| Cash & equivalents | $849.6M | $872.3M | $856.1M | $516.2M | $546.7M | $702.5M | $666.6M | $424.0M | $497.4M | $658.5M | $642.6M | $518.5M |
| Short-term investments | — | — | — | — | — | — | — | — | — | — | $0 | $0 |
| Receivables | $2.28B | $2.09B | $1.92B | $2.25B | $2.25B | $2.13B | $1.80B | $2.04B | $2.02B | $2.01B | $1.87B | $1.94B |
| Inventory | $2.59B | $2.68B | $2.66B | $2.69B | $2.71B | $2.61B | $2.51B | $2.61B | $2.58B | $2.53B | $2.55B | $2.52B |
| Other current assets | $554.4M | $554.7M | $525.2M | $548.9M | $553.5M | $535.3M | $512.5M | $541.9M | $545.5M | $528.3M | $535.1M | $523.0M |
| Total current assets | $6.27B | $6.20B | $5.97B | $6.01B | $6.06B | $5.98B | $5.50B | $5.62B | $5.64B | $5.72B | $5.60B | $5.50B |
| Property, plant & equipment (net) | $5.03B | $5.06B | $5.18B | $5.08B | $5.19B | $5.03B | $4.95B | $5.14B | $5.16B | $5.30B | $5.42B | $5.19B |
| Goodwill & intangible assets | $1.98B | $2.00B | $2.02B | $2.03B | $2.04B | $1.95B | $1.90B | $2.02B | $1.98B | $1.99B | $2.04B | $1.98B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $536.9M | $537.9M | $516.0M | $500.1M | $481.4M | $448.5M | $423.8M | $529.6M | $504.8M | $517.1M | $498.8M | $461.0M |
| Total assets | $13.82B | $13.79B | $13.69B | $13.62B | $13.78B | $13.41B | $12.78B | $13.31B | $13.28B | $13.53B | $13.56B | $13.14B |
| Liabilities | ||||||||||||
| Accounts payable | $1.22B | $1.21B | $1.09B | $1.19B | $1.17B | $1.12B | $978.5M | $1.06B | $1.08B | $1.10B | $1.04B | $1.08B |
| Short-term debt | $881.4M | $501.1M | $411.7M | $298.2M | $575.0M | $797.9M | $667.9M | $576.9M | $827.9M | $1.04B | $1.11B | $1.03B |
| Deferred revenue | — | — | — | $78.0M | — | — | — | $67.5M | $74.5M | $72.3M | $68.0M | −$1.08B |
| Total current liabilities | $3.28B | $2.87B | $2.72B | $2.67B | $2.85B | $2.97B | $2.67B | $2.77B | $2.94B | $3.12B | $3.15B | $3.19B |
| Long-term debt | $1.16B | $1.73B | $1.74B | $1.74B | $1.74B | $1.70B | $1.68B | $1.72B | $1.69B | $1.69B | $1.70B | $1.68B |
| Lease obligations | $442.2M | $412.2M | $426.8M | $419.2M | $428.1M | $402.1M | $391.5M | $409.6M | $411.5M | $431.1M | $446.4M | $421.4M |
| Other long-term liabilities | $848.1M | $809.9M | $845.3M | $861.8M | $885.8M | $876.1M | $872.0M | $970.1M | $997.9M | $1.07B | $1.08B | $1.00B |
| Total liabilities | $5.28B | $5.41B | $5.31B | $5.28B | $5.48B | $5.55B | $5.22B | $5.46B | $5.63B | $5.88B | $5.93B | $5.87B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $700,000 | $700,000 | $700,000 | $700,000 | $700,000 | $700,000 | $700,000 | $700,000 | $700,000 | $700,000 | $700,000 | $710,000 |
| Retained earnings (deficit) | $7.69B | $7.56B | $7.50B | $7.54B | $7.48B | $7.37B | $7.33B | $7.31B | $7.14B | $7.08B | $6.97B | $6.83B |
| Accumulated other comprehensive income | −$937.1M | −$959.3M | −$907.9M | −$979.6M | −$947.6M | −$1.27B | −$1.53B | −$1.20B | −$1.24B | −$1.17B | −$1.08B | −$1.29B |
| Minority interest | $4.0M | $4.1M | $5.4M | $5.4M | $5.5M | — | — | — | — | — | — | — |
| Total shareholders' equity | $8.54B | $8.38B | $8.37B | $8.34B | $8.29B | $7.86B | $7.56B | $7.85B | $7.65B | $7.64B | $7.62B | $7.27B |
| Key figures | ||||||||||||
| Total debt | $2.36B | $2.52B | $2.46B | $2.34B | $2.63B | $2.79B | $950.9M | $2.59B | $2.82B | $3.06B | $3.15B | $3.02B |
| Net cash (debt) | −$1.51B | −$1.65B | −$1.60B | −$1.82B | −$2.08B | −$2.09B | −$284.3M | −$2.17B | −$2.32B | −$2.40B | −$2.51B | −$2.50B |
| Working capital | $3.00B | $3.33B | $3.25B | $3.33B | $3.21B | $3.01B | $2.82B | $2.85B | $2.70B | $2.60B | $2.46B | $2.32B |
| Tangible book value | $6.56B | $6.38B | $6.35B | $6.30B | $6.25B | $5.91B | $5.65B | $5.83B | $5.67B | $5.65B | $5.59B | $5.29B |
| Book value per share | $140.31 | $135.75 | $135.27 | $133.16 | $132.25 | $124.90 | $119.57 | $123.81 | $119.66 | $119.40 | $119.23 | $114.09 |
| Shares outstanding | 60.9M | 61.7M | 61.9M | 62.6M | 62.7M | 62.9M | 63.2M | 63.4M | 63.9M | 64.0M | 63.9M | 63.7M |
| Current ratio | 1.92 | 2.16 | 2.19 | 2.25 | 2.13 | 2.01 | 2.06 | 2.03 | 1.92 | 1.83 | 1.78 | 1.73 |
| Quick ratio | 0.96 | 1.03 | 1.02 | 1.03 | 0.98 | 0.95 | 0.92 | 0.89 | 0.86 | 0.85 | 0.80 | 0.77 |
| Debt / equity | 0.28 | 0.30 | 0.29 | 0.28 | 0.32 | 0.35 | 0.13 | 0.33 | 0.37 | 0.40 | 0.41 | 0.42 |
| Equity / assets | 61.8% | 60.7% | 61.2% | 61.2% | 60.2% | 58.6% | 59.1% | 59.0% | 57.6% | 56.5% | 56.2% | 55.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 24, 2026); data from EODHD.
MHK financial position
At the end of fiscal 2025 (December 31, 2025), Mohawk Industries had total assets of $13.7 billion (up 7.1% from a year earlier), total liabilities of $5.3 billion and shareholders' equity of $8.4 billion. It held $856.1 million in cash and short-term investments against $2.5 billion of debt, net debt of $1.6 billion. Its current ratio was 2.19. In the latest quarter (ended June 30, 2026) total assets were $13.8 billion and equity $8.5 billion.
Related: MHK income statement, MHK cash flow statement, MHK key metrics. See the MHK stock overview for the latest quote and news.
MHK balance sheet FAQ
What are Mohawk Industries's total assets?
Mohawk Industries reported total assets of $13.7 billion at the end of fiscal 2025 (December 31, 2025), compared with $12.8 billion a year earlier.
How much debt does Mohawk Industries have?
Mohawk Industries had $2.5 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.29.
How much cash does Mohawk Industries have?
Mohawk Industries held $856.1 million in cash and short-term investments at the end of fiscal 2025; with $2.5 billion of debt that is net debt of $1.6 billion.
What is Mohawk Industries's book value?
Mohawk Industries's shareholders' equity (book value) was $8.4 billion at the end of fiscal 2025, or $134.19 per share.
What is Mohawk Industries's current ratio?
Mohawk Industries had current assets of $6.0 billion and current liabilities of $2.7 billion, a current ratio of 2.19 (it can cover its short-term obligations).
How much goodwill does Mohawk Industries have?
Mohawk Industries carried $2.0 billion of goodwill and intangible assets, 14.8% of total assets, at the end of fiscal 2025.