Mohawk Tax Provision from 2010 to 2025

MHK Stock  USD 125.94  1.55  1.25%   
Mohawk Industries Tax Provision yearly trend continues to be quite stable with very little volatility. The value of Tax Provision is projected to decrease to about 62.9 M. Tax Provision is the amount set aside by Mohawk Industries to cover any estimated taxes for the current period. It reflects Mohawk Industries' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
42.3 M
Current Value
39.8 M
Quarterly Volatility
39.4 M
 
Covid
Check Mohawk Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mohawk Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 761.1 M, Interest Expense of 71.2 M or Total Revenue of 6.4 B, as well as many indicators such as Price To Sales Ratio of 0.69, Dividend Yield of 0.0015 or PTB Ratio of 0.94. Mohawk financial statements analysis is a perfect complement when working with Mohawk Industries Valuation or Volatility modules.
  
Check out the analysis of Mohawk Industries Correlation against competitors.
For more information on how to buy Mohawk Stock please use our How to buy in Mohawk Stock guide.

Latest Mohawk Industries' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Mohawk Industries over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Mohawk Industries' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mohawk Industries' overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Pretty Stable
   Tax Provision   
       Timeline  

Mohawk Tax Provision Regression Statistics

Arithmetic Mean144,824,523
Geometric Mean109,611,574
Coefficient Of Variation62.87
Mean Deviation65,687,798
Median131,875,000
Standard Deviation91,050,494
Sample Variance8290.2T
Range338.2M
R-Value(0.22)
Mean Square Error8469.4T
R-Squared0.05
Significance0.42
Slope(4,123,555)
Total Sum of Squares124352.9T

Mohawk Tax Provision History

202562.9 M
202466.2 M
202373.6 M
2022158.1 M
2021256.4 M
202068.6 M
2019M

About Mohawk Industries Financial Statements

Mohawk Industries investors utilize fundamental indicators, such as Tax Provision, to predict how Mohawk Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision66.2 M62.9 M

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When determining whether Mohawk Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mohawk Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mohawk Industries Stock. Highlighted below are key reports to facilitate an investment decision about Mohawk Industries Stock:
Check out the analysis of Mohawk Industries Correlation against competitors.
For more information on how to buy Mohawk Stock please use our How to buy in Mohawk Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mohawk Industries. If investors know Mohawk will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mohawk Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.557
Earnings Share
8.87
Revenue Per Share
170.048
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0432
The market value of Mohawk Industries is measured differently than its book value, which is the value of Mohawk that is recorded on the company's balance sheet. Investors also form their own opinion of Mohawk Industries' value that differs from its market value or its book value, called intrinsic value, which is Mohawk Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mohawk Industries' market value can be influenced by many factors that don't directly affect Mohawk Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mohawk Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mohawk Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mohawk Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.