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Mohawk Industries Inc   (NYSE: MHK)
Other Ticker:  
 
 
Price: $102.4800 $-4.57 -4.269%
Day's High: $106.23 Week Perf: -4.89 %
Day's Low: $ 102.32 30 Day Perf: -1.61 %
Volume (M): 386 52 Wk High: $ 164.29
Volume (M$): $ 39,598 52 Wk Avg: $128.43
Open: $105.64 52 Wk Low: $96.24



 Market Capitalization (Millions $) 6,446
 Shares Outstanding (Millions) 63
 Employees 43,300
 Revenues (TTM) (Millions $) 10,684
 Net Income (TTM) (Millions $) 485
 Cash Flow (TTM) (Millions $) 44
 Capital Exp. (TTM) (Millions $) 457

Mohawk Industries Inc
Mohawk Industries, Inc. is a prominent global flooring manufacturer recognized for producing a wide range of flooring products that enhance both residential and commercial spaces. The companys vertically integrated manufacturing and distribution processes give it a competitive edge in various flooring categories including carpets, rugs, ceramic tiles, laminates, hardwoods, stones, luxury vinyl tiles (LVT), and vinyl flooring. Mohawk is committed to industry-leading innovation, continuously developing products and technologies that distinguish its brands in the marketplace, thereby meeting the flooring needs for remodeling and new construction projects.

The company is home to several well-recognized brands in the flooring industry, including American Olean', Bigelow', Daltile', Durkan', IVC', Karastan', Lees', Marazzi', Mohawk', Pergo', Quick-Step', and Unilin'. Mohawk Industries has transitioned from being a domestic carpet manufacturer to the worlds largest flooring company, with operations spanning across numerous countries including Australia, Brazil, Canada, Europe, India, Malaysia, Mexico, New Zealand, Russia, and the United States.

In recent organizational changes, Mohawk has restructured its reporting segments into three main categories: Global Ceramic, Flooring North America (Flooring NA), and Flooring Rest of the World (Flooring ROW). This realignment reflects managements strategy to optimize its relationships and distribution capabilities. The Global Ceramic segment includes the company's ceramic, tile, and stone operations and remains unchanged, while the Flooring NA and Flooring ROW segments focus on the geographic organization of carpet, wood, laminate, LVT, and vinyl operations.

Global Ceramic Segment: This segment is responsible for designing, manufacturing, sourcing, distributing, and marketing a comprehensive line of ceramic and porcelain tile products, along with natural stone, aimed at both residential and commercial markets. The products are marketed under brands like American Olean, Daltile, KAI, Kerama Marazzi, Marazzi, and Ragno'. The Global Ceramic segment is vertically integrated, managing everything from raw material production to the final distribution of its tile products.

Flooring North America Segment: The Flooring NA segment designs and manufactures a broad array of floor covering products, including carpets, rugs, hardwood, laminate, and vinyl products including LVT. The segment caters to various markets through well-known brands such as Aladdin', Bigelow, Columbia Flooring', Durkan, Horizon', IVC, Karastan, Lees, Mohawk, Pergo, Portico', QuickStep, and SmartStrand'. These products are distributed through independent floor covering retailers, distributors, home centers, and mass merchandisers, among other channels.

Flooring Rest of the World Segment: This segment focuses on designing, manufacturing, sourcing, distributing, and marketing products such as laminate, hardwood flooring, roofing elements, insulation boards, MDF, chipboards, and vinyl flooring, primarily for residential and commercial applications. It also licenses certain patents related to flooring worldwide. Brands under the Flooring ROW segment include IVC, Moduleo, Pergo, Quick-Step, and Unilin, which are sold through various retail and distribution channels including wholesalers and home centers.

Overall, Mohawk Industries, Inc. stands out as a leader in the flooring industry, leveraging innovation and a diverse brand portfolio to meet a wide range of customer needs across multiple markets.


   Company Address: 160 S. Industrial Blvd. Calhoun 30701 GA
   Company Phone Number: 629-7721   Stock Exchange / Ticker: NYSE MHK


Customers Net Income grew by MHK's Customers Net Profit Margin grew to

96.65 %

7.13 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
DXYN   -23.1%    
TILE   -2.74%    
TTSH   -3.13%    
LIVE        7.74% 
• View Complete Report
   



Mohawk Industries Inc

Mohawk Industries Inc Reports Disappointing Earnings for Q3 2024: Challenges Persist

Mohawk Industries Inc.: Analyzing Recent Stock Movements and Financial PerformanceOver the past five days, shares of Mohawk Industries Inc. (NYSE: MHK) experienced a notable decline of 18.83%. However, this recent dip is juxtaposed with a significant annual performance, where the company's shares have surged by 66.68% over the past year. Currently, the stock is trading at 8.3% above its 52-week average, indicating a strong recovery compared to the broader market trends. Recent Financial PerformanceIn its latest earnings report for the period from July to September 2024, Mohawk Industries has showcased its ability to return to profitability amidst a challenging sales environment. The company reported earnings per share (EPS) of $2.55, which represents an improvement from the previous quarter's EPS of $2.46. Despite this positive momentum in profitability, Mohawk's revenue saw a decline of 1.71%, totaling $2.72 billion compared to the same quarter last year. This revenue contraction from the previous year and quarter?where it was $2.80 billion?highlights the company's struggle to maintain sales levels in several key segments.

Management Changes

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Mohawk Industries Inc

Mohawk Industries Inc: Strong Earnings Amidst Challenging Sales Trends in Q2 2024

Mohawk Industries Inc, a leading flooring manufacturer, has shown impressive performance in the past few months. The company's shares have experienced a significant increase of 24.96% in the past 5 days and a remarkable 40.25% over the past 90 days, reaching its 52-week high. This upward trend indicates positive investor sentiment and growth opportunities for the company.
In its recent financial results announcement, Mohawk Industries reported net earnings of $157 million and earnings per share (EPS) of $2.46 for the second quarter of 2024. Adjusted net earnings were even higher at $192 million, with an adjusted EPS of $3.00. Although the net sales for the quarter decreased by 5.1% as reported and 4.5% on an adjusted basis compared to the previous year, it is important to note that the company still managed to grow its earnings per share.

Stocks on the Move

Mohawk Industries Inc Shares Outperform Market Amidst Mixed Trading Sessions and Sustainability Progress

Published Fri, Jul 19 2024 6:42 PM UTC

During the current month, shares of Mohawk Industries Inc have been performing better than the market, with a 2.02% increase in performance. This is a positive trend for the company, indicating investor confidence and potential growth opportunities. Let s dissect the news articles that have contributed to this trend.On July 17, 2024, it was reported that Mohawk Industries In...







Mohawk Industries Inc's Segments
Ceramic Stone    38.65 % of total Revenue
Carpet Resilient    35.18 % of total Revenue
Laminate Wood    15.51 % of total Revenue
Other    8.26 % of total Revenue
United States    54.66 % of total Revenue
Europe    30.66 % of total Revenue
Latin America    6.44 % of total Revenue
Global Ceramic    39.35 % of total Revenue
Global Ceramic Ceramic Stone    38.65 % of total Revenue
Global Ceramic Carpet Resilient    0.7 % of total Revenue
Global Ceramic United States    21.49 % of total Revenue
Global Ceramic Europe    10.07 % of total Revenue
Global Ceramic Latin America    6.08 % of total Revenue
Global Ceramic Other    1.71 % of total Revenue
Flooring NA    34.15 % of total Revenue
Flooring NA Carpet Resilient    26.82 % of total Revenue
Flooring NA Laminate Wood    7.33 % of total Revenue
Flooring NA United States    33.09 % of total Revenue
Flooring NA Europe    0.02 % of total Revenue
Flooring NA Latin America    0.03 % of total Revenue
Flooring NA Other    1.02 % of total Revenue
Flooring ROW    26.52 % of total Revenue
Flooring ROW Carpet Resilient    7.65 % of total Revenue
Flooring ROW Laminate Wood    8.19 % of total Revenue
Flooring ROW Other    5.52 % of total Revenue
Flooring ROW United States    0.08 % of total Revenue
Flooring ROW Europe    20.58 % of total Revenue
Flooring ROW Latin America    0.34 % of total Revenue





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