| Market Capitalization (Millions $) |
8,138 |
| Shares
Outstanding (Millions) |
61 |
| Employees |
40,500 |
| Revenues (TTM) (Millions $) |
11,177 |
| Net Income (TTM) (Millions $) |
464 |
| Cash Flow (TTM) (Millions $) |
326 |
| Capital Exp. (TTM) (Millions $) |
461 |
Business Description
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
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101.36 %