MOHAWK INDUSTRIES INC financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data MOHAWK INDUSTRIES INC files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	8,959	9,491	9,984	9,971	9,552	11,201	11,737	11,135	10,837	10,785
Cost of revenue	6,146	6,495	7,146	7,295	7,122	7,932	8,794	8,430	8,150	8,211
Gross profit	2,813	2,996	2,838	2,676	2,431	3,269	2,943	2,706	2,687	2,575
Selling, general and administrative	1,533	1,642	1,743	1,849	1,795	1,934	2,003	2,120	1,985	2,065
Operating income	1,280	1,354	1,095	827	636	1,335	244	-292	694	490
Interest expense	40.5	31.1	38.8	41.3	52.4	57.3	51.9	77.5	48.5	17.8
Other non-operating income	1.73	-5.21	-7.3	-36.4	0.75	12.2	-8.4	5.4	-2	-3.3
Pre-tax income	1,241	1,318	1,049	750	584	1,290	184	-364	643	469
Income tax	308	343	184	4.97	68.6	256	158	84.9	128	98.8
Net income to minority interests	3.2	3.05	3.15	0.36	0.13	0.39	0.6	0.1	0.1	0
Net income	930	972	862	744	516	1,033	25.2	-449	515	370
EBITDA	1,689	1,801	1,617	1,404	1,244	1,927	840	338	1,332	1,142
EPS, basic	12.55	13.07	11.53	10.34	7.24	15.01	0.40	-7.05	8.13	5.96
EPS, diluted	12.48	12.98	11.47	10.30	7.22	14.94	0.39	-7.05	8.09	5.93
Shares, basic (weighted)	74.1	74.4	74.4	72	71.2	68.9	63.8	63.7	63.3	62.1
Shares, diluted (weighted)	74.6	74.8	74.8	72.3	71.4	69.1	64.1	63.7	63.6	62.4

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	122	84.9	119	135	769	269	510	643	667	856
Short-term investments				42.5	572	323	158	0	0	0
Receivables	1,376	1,558	1,606	1,527	1,709	1,840	1,905	1,875	1,762	1,924
Inventory	1,676	1,949	2,288	2,282	1,913	2,392	2,794	2,552	2,514	2,662
Other current assets	30.2	104	74.9	27.7	31.3	20.2	30.7	19.3	22.3	13
Total current assets	3,472	4,073	4,509	4,429	5,364	5,238	5,895	5,604	5,455	5,967
Property, plant and equipment	3,370	4,271	4,700	4,699	4,591	4,637	4,661	4,993	4,580	4,772
Lease right-of-use assets				323	323	390	388	429	374	409
Goodwill	2,274	2,471	2,521	2,570	2,651	2,608	1,928	1,160	1,112	1,210
Intangible assets	254	248	254	226	224	205	190	170	134	117
Other non-current assets	280	388	407	436	447	451	391	499	424	516
Total assets	10,231	12,095	13,099	13,387	14,328	14,225	14,120	13,521	12,737	13,687
Accounts payable	729	810	812	825	1,017	1,229	1,094	1,038	979	1,089
Accrued liabilities	193	207	198	193	222	256	238	270	258	280
Deferred revenue		29.1	34.5	35	39.5	65.7	72.6	68	63.4	74.3
Short-term debt	1,383	1,204	1,742	1,051	377	625	841	1,002	559	289
Total current liabilities	2,718	2,655	3,266	2,713	2,371	2,946	3,070	3,146	2,672	2,722
Long-term debt	1,129	1,560	1,516	1,518	2,357	1,700	1,979	1,702	1,677	1,741
Lease liabilities				228	235	297	296	338	283	304
Other non-current liabilities	215	455	463	327	330	357	313	354	334	356
Total liabilities	4,423	4,998	5,659	5,260	5,787	5,796	6,103	5,931	5,222	5,309
Total debt	2,511	2,764	3,263	2,573	2,745	2,333	2,826	2,715	2,245	2,037
Paid-in capital	1,792	1,828	1,852	1,868	1,885	1,911	1,931	1,948	1,969	1,993
Retained earnings	5,033	6,005	6,588	7,232	7,559	7,692	7,410	6,970	7,283	7,503
Treasury stock	-216	-216	-216	-216	-216	-216	-215	-215	-215	-215
Other comprehensive income	-833	-559	-792	-766	-695	-967	-1,114	-1,080	-1,528	-908
Shareholders' equity	5,776	7,059	7,434	8,120	8,534	8,421	8,012	7,623	7,509	8,373
Minority interests	7.04	7.85	6.25	6.61	6.84	6.79	6.41	6	5.5	5.4
Total equity	5,783	7,067	7,440	8,126	8,541	8,428	7,988	7,590	7,557	8,379
Total liabilities and equity	10,231	12,095	13,099	13,387	14,328	14,225	14,120	13,560	12,737	13,687
Shares outstanding					77.6	73	70.9	71

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	934	975	865	745	516	1,034	25.8	-449	515	370
Depreciation and amortization	409	447	522	576	608	592	596	630	638	653
Stock-based compensation	35.1	36.3	31.4	23.6	19.7	25.7	22.4	20.9	27.5	30
Deferred income tax	-34	-75.6	88.5	-108	22.3	-4.93	-51.1	-110	-58.2	-132
Change in inventory	-81.9	-153	-255	7.21	358	-519	-410	281	-79.1	-28.3
Change in payables	85.6	25.4	-69.8	-52.1	255	361	-94.1	-194	43.8	71.5
Cash from operations	1,345	1,194	1,181	1,419	1,770	1,309	669	1,329	1,134	1,056
Capital expenditures	-672	-906	-794	-545	-426	-676	-581	-613	-454	-440
Acquisitions	0	-251	-569	-81.1	0	-124	-210	-515	0	-6.9
Purchases of investments	0	-83.9	-664	-582	-1,188	-1,211	-2,481	-775	0	0
Cash from investing	-672	-1,241	-1,332	-616	-955	-557	-625	-970	-454	-442
Debt issued	0	0	0	0	1,062	0	0	600	0	0
Debt repaid	-646	0	0	0	-327	-932	-600	0	0
Stock issued	4.58	1.85	0	0
Share buybacks	0	0	-274	-100	-189	-900	-308	0	-163	-150
Cash from financing	-642	-7	198	-790	-188	-1,232	194	-211	-630	-470
Exchange rate effect	8.45	17.3	-13	2.9	6.98	-19.9	2.5	-15.3	-26	45.2
Net change in cash	40	-36.8	34.2	15.7	634	-500	241	133	24	190
Free cash flow	673	288	387	873	1,344	633	88.5	716	680	616
Interest paid	57.3	34	46.2	45.2	44.6	75.5	75.2	86.4	68.5	32.9
Income taxes paid	277	374	196	124	107	324	249	187	138	158

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to July 4, 2026; growth uses fiscal years. Valuation uses the share price of $125.16 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	24.3%	Gross profit / revenue.
Operating margin	5.1%	Operating income / revenue.
EBITDA margin	11.3%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	5.0%	Pre-tax income / revenue.
Net margin	4.2%	Net income / revenue.
FCF margin	7.3%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	11.4%	Cash from operations / revenue.
Effective tax rate	16.3%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	5.4%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	3.4%	Net income / average total assets.
Return on invested capital (ROIC)	5.0%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue	19.0%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	0.3%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	4.1%	Capital expenditures / revenue.
D&A / revenue	6.2%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	-0.5%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	-2.8%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	2.5%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	-4.2%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	-4.4%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	1.2%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	-29.4%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	26.1%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	-5.1%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	-14.2%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	10.8%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	-1.7%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	-28.1%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	144.8%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	-6.4%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	-26.7%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	147.7%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	-3.9%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	-6.9%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	16.4%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	-9.8%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	-9.3%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	91.0%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	-14.4%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	11.5%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	1.5%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	-0.4%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	7.5%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-1.0%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	-0.9%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	-1.9%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-0.9%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-2.7%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.92x	Current assets / current liabilities.
Quick ratio	0.96x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.26x	(Cash + short-term investments) / current liabilities.
Debt / equity	0.22x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	13.9%	Total debt / total assets.
Liabilities / assets	38.2%	Total liabilities / total assets.
Net debt	$1.07B	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	0.85x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage	42.6x	Operating income / interest expense.
Working capital	$3.00B	Current assets - current liabilities.
Goodwill and intangibles / assets	9.3%	(Goodwill + intangible assets) / total assets.
Tangible book value	$7.25B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.81x	Revenue / average total assets.
Fixed asset turnover	2.43x	Revenue / average property, plant and equipment.
Inventory turnover	3.27x	Cost of revenue / average inventory.
Days inventory	112 days	365 x average inventory / cost of revenue.
Receivables turnover	4.89x	Revenue / average receivables.
Days sales outstanding	75 days	365 x average receivables / revenue.
Days payables	53 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	133 days	Days inventory + days sales outstanding - days payables.
FCF conversion	174.9%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	36.2%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$7.62	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$183.54	Revenue / diluted weighted shares.
FCF per share	$13.33	Free cash flow / diluted weighted shares.
Operating cash flow per share	$20.90	Cash from operations / diluted weighted shares.
Book value per share	$140.24	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$119.02	Tangible book value / shares outstanding.
Cash per share	$13.95	(Cash + short-term investments) / shares outstanding.
Buybacks / FCF	25.4%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$8.48B	Share price x shares outstanding.
Enterprise value	$9.55B	Market cap + total debt - cash - short-term investments.
P/E	18.3x	Market cap / net income. Only when net income is positive.
P/S	0.76x	Market cap / revenue.
P/B	0.99x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	1.17x	Market cap / tangible book value, when positive.
P/FCF	10.4x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	6.66x	Market cap / cash from operations, when positive.
EV/Sales	0.85x	Enterprise value / revenue.
EV/EBIT	16.7x	Enterprise value / operating income, when both are positive.
EV/EBITDA	7.59x	Enterprise value / EBITDA, when both are positive.
EV/FCF	11.8x	Enterprise value / free cash flow, when both are positive.
FCF yield	9.6%	Free cash flow / market cap.
Earnings yield	5.5%	Net income / market cap (the inverse of P/E).
Shareholder yield	2.4%	(Dividends paid + share buybacks) / market cap.
PEG	0.12x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was MOHAWK INDUSTRIES INC's revenue in fiscal 2025?

MOHAWK INDUSTRIES INC reported revenue of $10.79B for fiscal 2025, 0.5% lower than the year before.

Was MOHAWK INDUSTRIES INC profitable in fiscal 2025?

Yes. Net income was $369.9M, a net margin of 3.4%.

How much free cash flow did MOHAWK INDUSTRIES INC generate in fiscal 2025?

Cash from operations of $1.06B minus capital expenditures of $440.0M left free cash flow of $616.2M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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