Mohawk Total Operating Expenses vs Operating Income Analysis

MHK Stock

USD 139.92 5.11 3.52%

Mohawk Industries financial indicator trend analysis is infinitely more than just investigating Mohawk Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mohawk Industries is a good investment. Please check the relationship between Mohawk Industries Total Operating Expenses and its Operating Income accounts. 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.

Total Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mohawk Industries Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have very week relationship.

The correlation between Mohawk Industries' Total Operating Expenses and Operating Income is 0.23. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Mohawk Industries, assuming nothing else is changed. The correlation between historical values of Mohawk Industries' Total Operating Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Mohawk Industries are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Operating Expenses i.e., Mohawk Industries' Total Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

0.23

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Operating Income

Operating Income is the amount of profit realized from Mohawk Industries operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Mohawk Industries is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Mohawk Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mohawk Industries current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At this time, Mohawk Industries' Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.19 this year, although the value of Selling General Administrative will most likely fall to about 1.3 B.

	2021	2022	2023	2024 (projected)
Interest Expense	57.3M	51.9M	77.5M	71.2M
Depreciation And Amortization	649.8M	647.9M	630.3M	661.8M

Interest Expense Depreciation And Amortization

Mohawk Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.94	0.75	0.78	0.99	0.84	0.86	0.88	0.8	0.29	0.99	0.7	0.47	0.85	0.64	0.9	0.82	0.48	0.96	0.98	0.83	0.5	0.82	0.45	0.33	0.22
Short Long Term Debt Total	0.94		0.66	0.85	0.89	0.78	0.96	0.78	0.84	0.18	0.94	0.71	0.31	0.81	0.72	0.83	0.79	0.37	0.97	0.98	0.76	0.68	0.87	0.43	0.47	0.35
Other Current Liab	0.75	0.66		0.72	0.77	0.88	0.61	0.88	0.6	0.38	0.75	0.78	0.34	0.82	0.44	0.69	0.85	0.59	0.68	0.71	0.83	0.4	0.74	0.68	0.29	0.19
Total Current Liabilities	0.78	0.85	0.72		0.74	0.89	0.85	0.87	0.71	0.25	0.79	0.84	0.19	0.92	0.58	0.59	0.89	0.55	0.8	0.83	0.84	0.84	0.88	0.7	0.46	0.34
Total Stockholder Equity	0.99	0.89	0.77	0.74		0.83	0.81	0.88	0.77	0.31	0.98	0.68	0.5	0.83	0.6	0.9	0.8	0.48	0.93	0.95	0.82	0.43	0.78	0.43	0.28	0.18
Property Plant And Equipment Net	0.84	0.78	0.88	0.89	0.83		0.72	0.98	0.64	0.49	0.83	0.9	0.43	0.98	0.53	0.76	0.96	0.74	0.78	0.83	0.97	0.54	0.87	0.82	0.39	0.25
Net Debt	0.86	0.96	0.61	0.85	0.81	0.72		0.71	0.91	-0.05	0.89	0.65	0.07	0.75	0.71	0.71	0.73	0.22	0.93	0.92	0.66	0.77	0.85	0.35	0.48	0.41
Retained Earnings	0.88	0.78	0.88	0.87	0.88	0.98	0.71		0.64	0.5	0.87	0.86	0.5	0.97	0.51	0.78	0.93	0.72	0.79	0.84	0.96	0.51	0.84	0.73	0.31	0.21
Accounts Payable	0.8	0.84	0.6	0.71	0.77	0.64	0.91	0.64		-0.18	0.85	0.54	-0.06	0.65	0.75	0.65	0.64	0.03	0.88	0.81	0.55	0.65	0.79	0.24	0.52	0.51
Cash	0.29	0.18	0.38	0.25	0.31	0.49	-0.05	0.5	-0.18		0.2	0.52	0.85	0.48	0.13	0.44	0.46	0.79	0.18	0.25	0.63	-0.13	0.31	0.63	0.17	0.0
Non Current Assets Total	0.99	0.94	0.75	0.79	0.98	0.83	0.89	0.87	0.85	0.2		0.69	0.4	0.83	0.67	0.87	0.79	0.4	0.96	0.97	0.79	0.55	0.84	0.41	0.36	0.28
Non Currrent Assets Other	0.7	0.71	0.78	0.84	0.68	0.9	0.65	0.86	0.54	0.52	0.69		0.36	0.87	0.44	0.6	0.84	0.64	0.65	0.7	0.85	0.62	0.8	0.83	0.45	0.29
Cash And Short Term Investments	0.47	0.31	0.34	0.19	0.5	0.43	0.07	0.5	-0.06	0.85	0.4	0.36		0.43	0.12	0.61	0.35	0.67	0.33	0.41	0.56	-0.22	0.27	0.33	-0.05	-0.15
Net Receivables	0.85	0.81	0.82	0.92	0.83	0.98	0.75	0.97	0.65	0.48	0.83	0.87	0.43		0.58	0.78	0.97	0.75	0.81	0.86	0.98	0.57	0.89	0.79	0.42	0.29
Common Stock Shares Outstanding	0.64	0.72	0.44	0.58	0.6	0.53	0.71	0.51	0.75	0.13	0.67	0.44	0.12	0.58		0.65	0.58	0.05	0.78	0.67	0.55	0.47	0.84	0.24	0.86	0.86
Non Current Liabilities Total	0.9	0.83	0.69	0.59	0.9	0.76	0.71	0.78	0.65	0.44	0.87	0.6	0.61	0.78	0.65		0.76	0.53	0.87	0.89	0.81	0.19	0.78	0.43	0.37	0.27
Inventory	0.82	0.79	0.85	0.89	0.8	0.96	0.73	0.93	0.64	0.46	0.79	0.84	0.35	0.97	0.58	0.76		0.73	0.79	0.83	0.97	0.54	0.87	0.79	0.42	0.29
Other Current Assets	0.48	0.37	0.59	0.55	0.48	0.74	0.22	0.72	0.03	0.79	0.4	0.64	0.67	0.75	0.05	0.53	0.73		0.35	0.47	0.82	0.1	0.45	0.81	0.0	-0.19
Other Stockholder Equity	0.96	0.97	0.68	0.8	0.93	0.78	0.93	0.79	0.88	0.18	0.96	0.65	0.33	0.81	0.78	0.87	0.79	0.35		0.98	0.77	0.58	0.87	0.4	0.51	0.4
Total Liab	0.98	0.98	0.71	0.83	0.95	0.83	0.92	0.84	0.81	0.25	0.97	0.7	0.41	0.86	0.67	0.89	0.83	0.47	0.98		0.82	0.58	0.85	0.46	0.38	0.26
Total Current Assets	0.83	0.76	0.83	0.84	0.82	0.97	0.66	0.96	0.55	0.63	0.79	0.85	0.56	0.98	0.55	0.81	0.97	0.82	0.77	0.82		0.44	0.85	0.81	0.39	0.25
Short Term Debt	0.5	0.68	0.4	0.84	0.43	0.54	0.77	0.51	0.65	-0.13	0.55	0.62	-0.22	0.57	0.47	0.19	0.54	0.1	0.58	0.58	0.44		0.65	0.4	0.44	0.38
Intangible Assets	0.82	0.87	0.74	0.88	0.78	0.87	0.85	0.84	0.79	0.31	0.84	0.8	0.27	0.89	0.84	0.78	0.87	0.45	0.87	0.85	0.85	0.65		0.62	0.7	0.63
Property Plant And Equipment Gross	0.45	0.43	0.68	0.7	0.43	0.82	0.35	0.73	0.24	0.63	0.41	0.83	0.33	0.79	0.24	0.43	0.79	0.81	0.4	0.46	0.81	0.4	0.62		0.39	0.13
Common Stock Total Equity	0.33	0.47	0.29	0.46	0.28	0.39	0.48	0.31	0.52	0.17	0.36	0.45	-0.05	0.42	0.86	0.37	0.42	0.0	0.51	0.38	0.39	0.44	0.7	0.39		0.9
Common Stock	0.22	0.35	0.19	0.34	0.18	0.25	0.41	0.21	0.51	0.0	0.28	0.29	-0.15	0.29	0.86	0.27	0.29	-0.19	0.4	0.26	0.25	0.38	0.63	0.13	0.9

Click cells to compare fundamentals

Mohawk Industries Account Relationship Matchups

Mohawk Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.4B	14.3B	14.2B	14.1B	13.6B	7.0B
Short Long Term Debt Total	2.9B	3.1B	2.7B	3.2B	3.1B	1.8B
Other Current Liab	1.6B	879.1M	988.8M	1.0B	997.3M	1.0B
Total Current Liabilities	2.7B	2.4B	2.9B	3.1B	3.1B	3.3B
Total Stockholder Equity	8.1B	8.5B	8.4B	8.0B	7.6B	3.8B
Property Plant And Equipment Net	5.0B	4.9B	5.0B	5.0B	5.4B	5.7B
Net Debt	2.8B	2.3B	2.5B	2.7B	2.5B	1.7B
Retained Earnings	7.2B	7.6B	7.7B	7.4B	7.0B	7.3B
Accounts Payable	1.6B	1.0B	1.2B	1.1B	1.0B	756.1M
Cash	134.8M	768.6M	268.9M	509.6M	642.6M	674.7M
Non Current Assets Total	9.0B	9.0B	9.0B	8.2B	8.0B	4.4B
Non Currrent Assets Other	436.4M	447.3M	205.1M	390.6M	498.8M	523.8M
Cash And Short Term Investments	134.8M	1.3B	591.9M	667.6M	642.6M	329.8M
Net Receivables	1.5B	1.7B	1.8B	1.9B	1.9B	2.0B
Common Stock Shares Outstanding	72.3M	71.4M	69.1M	64.1M	63.7M	68.2M
Liabilities And Stockholders Equity	13.4B	14.3B	14.2B	14.1B	13.6B	7.0B
Non Current Liabilities Total	2.5B	3.4B	2.8B	3.0B	2.8B	1.8B
Inventory	2.3B	1.9B	2.4B	2.8B	2.6B	2.7B
Other Current Assets	70.2M	400.8M	414.8M	528.9M	535.2M	561.9M
Other Stockholder Equity	1.7B	1.7B	1.7B	1.7B	1.7B	994.2M
Total Liab	5.3B	5.8B	5.8B	6.1B	5.9B	3.2B
Total Current Assets	4.4B	5.4B	5.2B	5.9B	5.6B	5.9B
Short Term Debt	1.2B	475.3M	728.9M	945.8M	1.1B	1.2B
Intangible Assets	928.9M	951.6M	900.0M	857.9M	875.4M	1.0B
Property Plant And Equipment Gross	5.0B	4.9B	5.0B	5.0B	10.8B	11.4B
Accumulated Other Comprehensive Income	(765.8M)	(695.1M)	(967.0M)	(1.1B)	(1.1B)	(1.0B)
Common Stock Total Equity	790K	776K	729K	709K	815.4K	841.0K
Common Stock	790K	776K	729K	709K	710K	838.6K
Other Liab	801.1M	823.7M	852.3M	757.5M	871.2M	914.7M
Other Assets	436.4M	447.3M	451.4M	390.6M	449.2M	471.7M
Long Term Debt	1.5B	2.4B	1.7B	2.0B	1.7B	1.6B
Good Will	2.6B	2.7B	2.6B	1.9B	1.2B	2.0B
Treasury Stock	(215.7M)	(215.7M)	(215.6M)	(215.5M)	(247.9M)	(260.3M)
Property Plant Equipment	4.7B	4.6B	5.0B	5.0B	5.8B	6.1B
Current Deferred Revenue	(1.6B)	(1.9B)	65.7M	72.6M	68.0M	71.4M
Net Tangible Assets	4.6B	4.9B	4.9B	5.2B	6.0B	3.4B
Noncontrolling Interest In Consolidated Entity	6.6M	6.8M	6.8M	6.4M	7.4M	5.8M
Retained Earnings Total Equity	7.2B	7.6B	7.7B	7.4B	8.5B	5.5B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

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:

How To Invest In Mohawk

Details

Is Mohawk Stock a good investment?

Details

What is Mohawk Industries' Net Worth?

Details

Largest Household Durables Companies

View

Largest Furnishings, Fixtures & Appliances Companies

View

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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Mohawk Total Operating Expenses vs Operating Income Analysis

Total Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

Correlation Coefficient

Total Operating Expenses

Operating Income

Mohawk Industries fundamental ratios Correlations

Mohawk Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mohawk Industries fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.98	Short Long Term Debt Total
Non Current Assets Total	+ 0.98	Total Stockholder Equity
Retained Earnings	+ 0.98	Property Plant And Equipment Net

Short Term Debt	- 0.22	Cash And Short Term Investments
Common Stock	- 0.19	Other Current Assets
Cash	- 0.18	Accounts Payable
Common Stock	- 0.15	Cash And Short Term Investments
Short Term Debt	- 0.13	Cash
Cash And Short Term Investments	- 0.06	Accounts Payable