Feed / MHK

Mohawk Industries, Inc.

MHK

Consumer Cyclical · 125.22 +0.3% today

Participation confirmed · construction unavailableMarket checked 1 Oct, 15:55 GMT-4

Market read

Mohawk Industries, Inc.'s move is spreading beyond its market group.

The latest filing evidence is available. 6 of 15 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 4 directly disclosed connections are confirming.

What changed
  • Revenue increased 8.0% versus the comparable filing period.
Company+0.3% todayVolume comparison unavailable
Market group6 of 15 activeConstruction Building Products · inactive
Disclosed network0 of 4 confirmingNo filing-linked name is confirming now
What would change this read
  • At least 10 of 15 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • MBC remains aligned with the group in the next market snapshot.

Invalidation: The live read weakens if participation falls to 5 of 15 members or fewer.

Watch this read

Research brief

The story so far

Consumer Cyclical · Furnishings, Fixtures & Appliances

The latest filing evidence is available. 6 of 15 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 4 directly disclosed connections are confirming.

Evidence that supports
  • Revenue increased 8.0% versus the comparable filing period.
  • Net income increased 61.3% versus the comparable filing period.
  • Operating cash flow covered net income at 0.94x, improving versus the comparable period.
Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 10 of 15 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • MBC remains aligned with the group in the next market snapshot.

Company research

Understand the business, not just the ticker

As of Oct 2, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations342
Usable filing statements158
Verified relationships5
Evidence supporting the case
  • Operating cash flow covered net income at 2.86x in the latest annual period.
  • Foreign exchange has repeated favorable evidence across 5 filings.
Evidence challenging the case
  • Latest annual revenue changed -0.5% year over year.
  • Operating margin changed -1.9 percentage points in the latest annual period.
  • Net margin changed -1.3 percentage points in the latest annual period.
  • Credit and interest rates has repeated adverse evidence across 5 filings.
  • Demand and volume has repeated adverse evidence across 5 filings.
  • Input and raw-material costs has repeated adverse evidence across 5 filings.
  • Supply chain and availability has repeated adverse evidence across 5 filings.
  • Restructuring and cost reductions has repeated adverse evidence across 4 filings.
Questions before a position
  • P/E is 38% below the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 32% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Oct 1, 2026

125.22
6m+25.9%12m-2.9%24m—
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$11.2B+17.3%$14.94-3.2%
2022-12-31$11.7B+4.8%$0.39-7.3%
2023-12-31$11.1B-5.1%$-7.05-0.6%
2024-12-31$10.8B-2.7%$8.09-0.2%
2025-12-31$10.8B-0.5%$5.93-1.9%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 5 filings
“The change was primarily attributable to higher share repurchases of $56.5 million and lower net proceeds on the Senior Credit Facility of $25.9 million as compared to the first six months of 2025, offset by lower net repayments on Commercial Paper of $98.9 m…”
10-Q · Jul 31, 2026 ↗
Demand and volumenegative · 5 filings
“Further escalation or continuation of conflicts in the Middle East, Russia, Ukraine, and elsewhere could result in additional supply chain disruptions, higher energy and raw material prices, increased transportation barriers and decreased market demand.”
10-Q · Jul 31, 2026 ↗
Foreign exchangemixed · 5 filings
“The increase was primarily attributable to the favorable net impact of foreign exchange rates of approximately $96 million; more shipping days for the six months ended July 4, 2026, of approximately $41 million; the favorable net impact of price and product m…”
10-Q · Jul 31, 2026 ↗
Input and raw-material costsnegative · 5 filings
“The increase in operating income was primarily attributable to the favorable net impact of price and product mix of approximately $36 million; productivity gains of approximately $10 million, partially offset by higher input costs of approximately $17 million.”
10-Q · Jul 31, 2026 ↗

Valuation discipline

Descriptive valuation snapshot

Price/sales 0.7× · EV/sales 0.8×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

125.22+0.3% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 1 Oct, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for MHK. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Latest filing assessment · baseline

Fundamentals strengthened in the latest filing

10-Q filed 2026-05-01 against the comparable filing from 2025-05-02.

constructive
OperationsconstructiveEvidence score +2
liquidityconstructiveEvidence score +1
valuationmixed

What improved

  • Revenue increased 8.0% versus the comparable filing period.
  • Net income increased 61.3% versus the comparable filing period.
  • Operating cash flow covered net income at 0.94x, improving versus the comparable period.

What weakened

No thresholded deterioration was identified.

Filing receipts

“The increase was primarily attributable to more shipping days for the quarter ended April 4, 2026, of approximately $143 million; the favorable net impact of foreign exchange rates of approximately $127 million and the $50 million favorable current year comparative impact of the order management system conversion, partially offset by lower sales volume of approximately $100 million and the unfavorable net impact of price and product mix of approximately $15 million.”

“The increase was primarily attributable to more shipping days for the quarter ended April 4, 2026, of approximately $53 million and the $50 million favorable current year comparative impact of the order management system conversion, partially offset by lower sales volume of approximately $63 million and the unfavorable net impact of price and product mix of approximately $25 million.”

“The increase was primarily attributable to the favorable net impact of foreign exchange rates of approximately $57 million; more shipping days for the quarter ended April 4, 2026, of approximately $49 million and the favorable net impact of price and product mix of approximately $18 million, partially offset by lower sales volume of approximately $15 million.”

Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.

Business ecosystem

The relationships behind MHK

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

ZLDPFFiling-linked namepartnerFeb 24, 2026 ▾

“After initially extending its geographic footprint by acquiring national hard surface distributors in Australia and New Zealand, the Company acquired Godfrey Hirst, making the Company the largest manufacturer of carpet in both countries.”

ZLDPFFiling-linked namecompetitorFeb 24, 2026 ▾

“In Australia and New Zealand, the Company faces competition from a large number of domestic and foreign manufacturers, but believes it has a competitive advantage in its carpet and hard surface offering due to industry-leading design, patented technologies, b…”

Depended on by

CCThe Chemours CompanypartnerFeb 24, 2026 ▾

“F- 66 The Chemours Company Notes to the Consolidated Financial Statements (Dollars in millions, except per share amounts and par values) In September 2025, the Coosa Valley Water Supply District, Inc.”

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 1 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

MHK is currently a Participant in the organic co-movement group Construction Building Products. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.