Mohawk Industries Financials

MHK Stock  USD 139.06  1.57  1.14%   
Based on the key indicators related to Mohawk Industries' liquidity, profitability, solvency, and operating efficiency, Mohawk Industries may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Mohawk Industries' Non Currrent Assets Other are quite stable compared to the past year. Net Receivables is expected to rise to about 2 B this year, although the value of Total Stockholder Equity will most likely fall to about 3.8 B. Key indicators impacting Mohawk Industries' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.330.3474
Notably Down
Slightly volatile
Current Ratio2.231.7814
Significantly Up
Pretty Stable
The financial analysis of Mohawk Industries is a critical element in measuring its lifeblood. Investors should not minimize Mohawk Industries' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

315.47 Million

  
Understanding current and past Mohawk Industries Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Mohawk Industries' financial statements are interrelated, with each one affecting the others. For example, an increase in Mohawk Industries' assets may result in an increase in income on the income statement.

Mohawk Industries Earnings Geography

Mohawk Industries Stock Summary

Mohawk Industries competes with Bassett Furniture, Ethan Allen, Natuzzi SpA, Flexsteel Industries, and La Z. Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces in the United States, Europe, Russia, and internationally. Mohawk Industries, Inc. was incorporated in 1988 and is headquartered in Calhoun, Georgia. Mohawk Industries operates under Furnishings, Fixtures Appliances classification in the United States and is traded on New York Stock Exchange. It employs 43000 people.
Specialization
Consumer Discretionary, Furnishings, Fixtures & Appliances
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS6081901042
CUSIP608190104
LocationGeorgia; U.S.A
Business Address160 South Industrial
SectorHousehold Durables
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.mohawkind.com
Phone706 629 7721
CurrencyUSD - US Dollar

Mohawk Industries Key Financial Ratios

Mohawk Industries Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets13.4B14.3B14.2B14.1B13.6B7.0B
Other Current Liab1.6B879.1M988.8M1.0B997.3M1.0B
Net Debt2.8B2.3B2.5B2.7B2.5B1.7B
Retained Earnings7.2B7.6B7.7B7.4B7.0B7.3B
Accounts Payable1.6B1.0B1.2B1.1B1.0B756.1M
Cash134.8M768.6M268.9M509.6M642.6M674.7M
Net Receivables1.5B1.7B1.8B1.9B1.9B2.0B
Inventory2.3B1.9B2.4B2.8B2.6B2.7B
Other Current Assets70.2M400.8M414.8M528.9M535.2M561.9M
Total Liab5.3B5.8B5.8B6.1B5.9B3.2B
Total Current Assets4.4B5.4B5.2B5.9B5.6B5.9B
Short Term Debt1.2B475.3M728.9M945.8M1.1B1.2B
Intangible Assets928.9M951.6M900.0M857.9M875.4M1.0B
Common Stock790K776K729K709K710K838.6K
Other Liab801.1M823.7M852.3M757.5M871.2M914.7M
Other Assets436.4M447.3M451.4M390.6M449.2M471.7M
Long Term Debt1.5B2.4B1.7B2.0B1.7B1.6B
Good Will2.6B2.7B2.6B1.9B1.2B2.0B
Treasury Stock(215.7M)(215.7M)(215.6M)(215.5M)(247.9M)(260.3M)
Net Tangible Assets4.6B4.9B4.9B5.2B6.0B3.4B

Mohawk Industries Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense41.3M52.4M57.3M51.9M77.5M71.2M
Total Revenue10.0B9.6B11.2B11.7B11.1B6.4B
Gross Profit2.7B2.4B3.3B2.9B2.7B1.7B
Operating Income214.4M29.2M755.5M931.6M(287.8M)(273.4M)
Ebit214.4M636.8M1.3B235.8M(287.8M)(273.4M)
Ebitda790.8M1.4B2.0B883.7M(287.8M)(273.4M)
Cost Of Revenue7.3B7.1B7.9B8.8B8.4B4.7B
Income Before Tax749.5M584.4M1.3B183.9M(354.5M)(336.8M)
Net Income744.2M515.6M1.0B25.2M(439.5M)(417.5M)
Income Tax Expense5.0M68.6M256.4M158.1M84.9M110.5M
Minority Interest360K132K(389K)(536K)(301K)(286.0K)
Tax Provision5.0M68.6M256.4M158.1M73.6M135.9M
Interest Income34.1M52.4M57.3M51.9M46.7M40.6M
Net Interest Income(41.3M)(52.4M)(57.3M)(51.9M)(74.7M)(78.5M)

Mohawk Industries Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory7.2M357.5M(519.2M)(409.6M)281.3M295.3M
Change In Cash15.7M633.8M(499.7M)240.7M132.9M139.6M
Free Cash Flow873.3M1.3B633.0M88.4M716.3M752.1M
Depreciation576.5M607.5M591.7M595.5M630.3M661.8M
Other Non Cash Items151.9M110.0M16.2M744.2M960.5M1.0B
Capital Expenditures545.5M425.6M676.1M580.7M612.9M643.6M
Net Income744.6M515.7M1.0B25.8M(439.5M)(417.5M)
End Period Cash Flow134.8M768.6M268.9M509.6M642.6M674.7M
Change Receivables82.0M(55.0M)(207.0M)(84.4M)(75.9M)(79.7M)
Net Borrowings(681.0M)4.0M(320.2M)525.4M604.2M634.4M
Change To Netincome67.6M48.3M26.2M667.8M767.9M806.3M
Investments10.5M(529.2M)243.3M165M(981.0M)(931.9M)

Mohawk Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Mohawk Industries's current stock value. Our valuation model uses many indicators to compare Mohawk Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mohawk Industries competition to find correlations between indicators driving Mohawk Industries's intrinsic value. More Info.
Mohawk Industries is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.58  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Mohawk Industries is roughly  1.73 . At this time, Mohawk Industries' Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Mohawk Industries by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Mohawk Industries Systematic Risk

Mohawk Industries' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mohawk Industries volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Mohawk Industries correlated with the market. If Beta is less than 0 Mohawk Industries generally moves in the opposite direction as compared to the market. If Mohawk Industries Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mohawk Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mohawk Industries is generally in the same direction as the market. If Beta > 1 Mohawk Industries moves generally in the same direction as, but more than the movement of the benchmark.

Mohawk Industries Thematic Clasifications

Mohawk Industries is part of SRI Sustainable Growth investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Large and mid-sized companies that operate under the guidelines of socially responsible investing - SRI. Socially responsible investments that include companies making a positive, sustainable or social impact and exclude those making a negative impact
SRI Sustainable GrowthView
This theme covers Large and mid-sized companies that operate under the guidelines of socially responsible investing - SRI. Socially responsible investments that include companies making a positive, sustainable or social impact and exclude those making a negative impact. Get More Thematic Ideas
Today, most investors in Mohawk Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Mohawk Industries' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Mohawk Industries growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.007803

At this time, Mohawk Industries' Price Earnings To Growth Ratio is quite stable compared to the past year.

Mohawk Industries November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Mohawk Industries help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mohawk Industries. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mohawk Industries based on widely used predictive technical indicators. In general, we focus on analyzing Mohawk Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mohawk Industries's daily price indicators and compare them against related drivers.
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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mohawk Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy Mohawk Stock please use our How to buy in Mohawk Stock guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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
8.85
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.