Mohawk Industries (MHK) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
10.8B
Gross Profit
2.7B
24.80%
Operating Income
702.9M
6.49%
Net Income
517.8M
4.78%
EPS (Diluted)
$8.14
Balance Sheet Metrics
Total Assets
12.8B
Total Liabilities
5.2B
Shareholders Equity
7.6B
Debt to Equity
0.69
Cash Flow Metrics
Operating Cash Flow
1.1B
Free Cash Flow
679.5M
Revenue & Profitability Trend
Mohawk Industries Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 10.8B | 11.1B | 11.7B | 11.2B | 9.6B |
| Cost of Goods Sold | 8.1B | 8.4B | 8.8B | 7.9B | 7.1B |
| Gross Profit | 2.7B | 2.7B | 2.9B | 3.3B | 2.4B |
| Operating Expenses | 2.0B | 2.1B | 2.0B | 1.9B | 1.8B |
| Operating Income | 702.9M | 589.9M | 940.0M | 1.3B | 636.0M |
| Pre-tax Income | 646.0M | -354.5M | 183.9M | 1.3B | 584.4M |
| Income Tax | 128.2M | 84.9M | 158.1M | 256.4M | 68.6M |
| Net Income | 517.8M | -439.4M | 25.8M | 1.0B | 515.7M |
| EPS (Diluted) | $8.14 | -$6.90 | $0.39 | $14.94 | $7.22 |
Income Statement Trend
Mohawk Industries Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 5.5B | 5.6B | 5.9B | 5.2B | 5.4B |
| Non-Current Assets | 7.3B | 8.0B | 8.2B | 9.0B | 9.0B |
| Total Assets | 12.8B | 13.6B | 14.1B | 14.2B | 14.3B |
| Liabilities | |||||
| Current Liabilities | 2.7B | 3.1B | 3.1B | 2.9B | 2.4B |
| Non-Current Liabilities | 2.5B | 2.8B | 3.0B | 2.8B | 3.4B |
| Total Liabilities | 5.2B | 5.9B | 6.1B | 5.8B | 5.8B |
| Equity | |||||
| Total Shareholders Equity | 7.6B | 7.6B | 8.0B | 8.4B | 8.5B |
Balance Sheet Composition
Mohawk Industries Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 517.8M | -439.4M | 25.8M | 1.0B | 515.7M |
| Operating Cash Flow | 1.1B | 645.6M | 66.8M | 942.9M | 1.5B |
| Investing Activities | |||||
| Capital Expenditures | -454.4M | -612.9M | -580.7M | -676.1M | -425.6M |
| Investing Cash Flow | -454.4M | -970.3M | -625.3M | -556.8M | -954.8M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -10.8B | -17.6B | -19.2B | -1.8B | -6.2B |
| Free Cash Flow | 679.5M | 716.3M | 88.4M | 633.0M | 1.3B |
Cash Flow Trend
Mohawk Industries Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
13.45
Forward P/E
9.23
Price to Book
0.82
Price to Sales
0.60
PEG Ratio
9.23
Profitability Ratios
Profit Margin
4.54%
Operating Margin
4.80%
Return on Equity
6.26%
Return on Assets
3.59%
Financial Health
Current Ratio
2.01
Debt to Equity
35.47
Beta
1.19
Per Share Data
EPS (TTM)
$7.65
Book Value per Share
$125.70
Revenue per Share
$169.51
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| mhk | 6.4B | 13.45 | 0.82 | 6.26% | 4.54% | 35.47 |
| SomniGroup | 13.8B | 42.39 | 5.03 | 17.90% | 5.14% | 252.30 |
| SharkNinja | 13.3B | 29.88 | 6.53 | 24.75% | 7.86% | 45.66 |
| Whirlpool | 5.2B | 724.35 | 2.01 | 0.96% | 0.04% | 283.56 |
| Patrick Industries | 3.0B | 21.90 | 2.68 | 12.87% | 3.74% | 142.99 |
| Hni | 2.2B | 16.95 | 2.75 | 17.22% | 5.35% | 68.60 |
Financial data is updated regularly. All figures are in the company's reporting currency.