Mohawk Industries, Inc. (MHK) Income Statement
MHK 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsMHK revenue and net income
Where MHK's revenue goes
2025Each bar shows an amount and its share of revenue. MHK kept 3.4% of revenue as net income.
MHK profit margins
MHK growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −0.5% | −2.8% | +2.5% | +2.9% |
| Gross profit | −4.2% | −4.4% | +1.2% | +0.7% |
| Operating income | −26.6% | +27.8% | −4.3% | −4.8% |
| Net income | −28.5% | +144.7% | −6.4% | −5.0% |
| EPS (diluted) | −7.7% | −11.3% | +0.3% | −1.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MHK quarterly EPS vs estimates
Mohawk Industries beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 29, 2026 (estimate $2.57).
MHK income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.79B | $10.84B | $11.14B | $11.74B | $11.20B | $9.55B | $9.97B | $9.98B | $9.49B | $8.96B |
| Cost of revenue | $8.21B | $8.15B | $8.43B | $8.79B | $7.93B | $7.12B | $7.29B | $7.15B | $6.49B | $6.15B |
| Gross profit | $2.57B | $2.69B | $2.71B | $2.94B | $3.27B | $2.43B | $2.68B | $2.84B | $3.00B | $2.81B |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $2.06B | $1.96B | $2.14B | $2.00B | $1.93B | $1.79B | $1.85B | $1.74B | $1.64B | $1.53B |
| Total operating expenses | $2.06B | $1.99B | $2.12B | $2.70B | $1.93B | $1.79B | $1.85B | $1.74B | $1.64B | $1.53B |
| Operating income | $509.7M | $694.7M | −$287.8M | $244.2M | $1.34B | $636.0M | $827.2M | $1.10B | $1.35B | $1.28B |
| Interest income | $30.5M | $59.7M | $93.2M | $51.9M | $57.3M | $52.4M | $34.1M | $48.4M | $39.5M | $41.6M |
| Interest expense | $17.8M | $48.5M | $77.5M | $51.9M | $57.3M | $52.4M | $41.3M | $38.8M | $31.1M | $40.5M |
| Income before taxes | $468.7M | $646.0M | −$354.5M | $183.9M | $1.29B | $584.4M | $749.5M | $1.05B | $1.32B | $1.24B |
| Income taxes | $98.8M | $128.2M | $84.9M | $158.1M | $256.4M | $68.6M | $5.0M | $184.3M | $343.2M | $307.6M |
| Net income | $369.9M | $517.7M | −$439.5M | $25.2M | $1.03B | $515.6M | $744.2M | $861.7M | $971.6M | $930.4M |
| EBITDA | $1.14B | $1.33B | −$287.8M | $831.3M | $1.94B | $1.24B | $1.37B | $1.61B | $1.80B | $1.69B |
| EPS (diluted) | $8.96 | $9.71 | $9.19 | $12.85 | $14.84 | $8.83 | $10.02 | $12.34 | $13.61 | $12.61 |
| Gross margin | 23.9% | 24.8% | 24.3% | 25.1% | 29.2% | 25.4% | 26.8% | 28.4% | 31.6% | 31.4% |
| Operating margin | 4.7% | 6.4% | −2.6% | 2.1% | 11.9% | 6.7% | 8.3% | 11.0% | 14.3% | 14.3% |
| Net margin | 3.4% | 4.8% | −3.9% | 0.2% | 9.2% | 5.4% | 7.5% | 8.6% | 10.2% | 10.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.99B | $2.73B | $2.70B | $2.76B | $2.80B | $2.53B | $2.64B | $2.72B | $2.80B | $2.68B | $2.61B | $2.77B |
| Cost of revenue | $2.20B | $2.09B | $2.04B | $2.10B | $2.09B | $1.94B | $2.02B | $2.03B | $2.08B | $2.03B | $1.97B | $2.07B |
| Gross profit | $795.1M | $641.9M | $663.2M | $654.8M | $714.4M | $583.3M | $621.8M | $692.6M | $723.8M | $649.5M | $642.3M | $692.0M |
| Sales, general & admin | $541.4M | $530.1M | $534.0M | $518.2M | $525.7M | $487.3M | $491.8M | $480.3M | $509.8M | $502.9M | $482.1M | $545.2M |
| Total operating expenses | $541.4M | $530.1M | $563.1M | $518.0M | $525.7M | $487.3M | $500.0M | $480.3M | $509.8M | $502.9M | $475.2M | $1.43B |
| Operating income | $253.7M | $111.8M | $100.1M | $136.8M | $188.7M | $96.0M | $121.8M | $212.3M | $214.0M | $146.6M | $167.1M | −$733.7M |
| Interest income | — | — | $5.2M | $8.0M | $5.2M | $7.1M | $14.4M | $14.0M | — | — | — | $20.0M |
| Interest expense | $4.8M | $2.2M | $1.2M | $5.0M | $5.2M | $6.4M | $9.9M | $11.2M | $12.6M | $14.9M | $17.4M | $20.1M |
| Income before taxes | $248.5M | $108.2M | $66.0M | $132.1M | $180.5M | $90.1M | $111.5M | $201.8M | $199.8M | $132.8M | $153.6M | −$745.3M |
| Income taxes | $52.3M | −$8.9M | $24.0M | $23.3M | $34.0M | $17.5M | $18.3M | $39.8M | $42.3M | $27.8M | $14.2M | $15.0M |
| Net income | $196.1M | $117.1M | $42.0M | $108.9M | $146.4M | $72.6M | $93.2M | $162.0M | $157.4M | $105.0M | $139.5M | −$760.5M |
| EBITDA | $412.6M | $292.2M | $243.5M | $307.4M | $341.3M | $246.9M | $277.8M | $369.2M | $383.9M | $301.9M | $325.2M | −$575.6M |
| EPS (diluted) | $3.67 | $1.90 | $2.00 | $2.67 | $2.77 | $1.52 | $1.95 | $2.90 | $3.00 | $1.86 | $1.96 | $2.72 |
| Gross margin | 26.6% | 23.5% | 24.6% | 23.7% | 25.5% | 23.1% | 23.6% | 25.5% | 25.8% | 24.2% | 24.6% | 25.0% |
| Operating margin | 8.5% | 4.1% | 3.7% | 5.0% | 6.7% | 3.8% | 4.6% | 7.8% | 7.6% | 5.5% | 6.4% | −26.5% |
| Net margin | 6.6% | 4.3% | 1.6% | 3.9% | 5.2% | 2.9% | 3.5% | 6.0% | 5.6% | 3.9% | 5.3% | −27.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MHK's financial statements (latest annual report filed February 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MHK financial results
In fiscal year 2025 (ended December 31, 2025), Mohawk Industries reported revenue of $10.8 billion, down 0.5% from the year before. It had net income of $369.9 million (down 28.5%), a net profit margin of 3.4%. Diluted earnings per share came to $8.96. Over five years revenue grew at an average rate of 2.5% a year.
See the MHK stock overview for the latest quote and news, or the MHK chart for price history and technical indicators.
MHK income statement FAQ
What is Mohawk Industries's annual revenue?
Mohawk Industries reported total revenue of $10.8 billion for fiscal year 2025, which ended on December 31, 2025. That was down 0.5% from $10.8 billion the previous year.
Is Mohawk Industries profitable?
Yes. Mohawk Industries reported net income of $369.9 million in fiscal 2025, a net profit margin of 3.4%; its operating margin was 4.7%.
What is Mohawk Industries's gross margin?
Mohawk Industries's gross margin was 23.9% in fiscal 2025: for every $100 of revenue, Mohawk Industries kept $24 after the direct cost of its products and services.
How fast is Mohawk Industries growing?
Revenue grew 2.5% a year on average over the last five fiscal years, from $9.6 billion to $10.8 billion.
What are Mohawk Industries's earnings per share?
Mohawk Industries earned $8.96 per diluted share in fiscal 2025, compared with $9.71 a year earlier.
When will Mohawk Industries report its next earnings?
Mohawk Industries is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 after the market closes.
When does Mohawk Industries's fiscal year end?
Mohawk Industries's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 24, 2026.