Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for residential and commercial remodeling, and new construction channels in the United States, Europe, Latin America, and internationally. It operates through three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World. The company provides ceramic, porcelain, and natural stone tiles products for floor and wall applications; natural stones, porcelain slabs, and quartz countertops, as well as installation materials; floor covering products comprising broadloom carpets, carpet tiles, rugs and mats, carpet pads, laminates, medium-density fiberboards, wood floorings, vinyl tiles, and sheet vinyl; and roofing panels, insulation boards, mezzanine flooring products, medium-density fiberboard, decorative panels, and chipboards. It also licenses its intellectual property to flooring manufacturers. The company sells its products under the American Olean, Daltile, Decortiles, Eliane, Elizabeth, Lentex Flooring, EmilGroup, KAI, Kerama Marazzi, Marazzi, Ragno, Aladdin Commercial, Durkan, Foss, IVC Resilient Design, Karastan, Mohawk, Mohawk Group, Mohawk Home, Pergo, Portico, Quick-Step, Feltex, GH Commercial, Godfrey Hirst, Hycraft, IVC Home, Lentex, Leoline, Moduleo, Redbook, Unilin, and Vitromex brands. It offers its products to home centers, company-owned service centers and stores, floor covering retailers, ceramic tile specialists, e-commerce retailers, residential builders, independent distributors, commercial contractors, and commercial end users. The company was incorporated in 1988 and is headquartered in Calhoun, Georgia.
Recovery Potential | Explore the dichotomy between company-specific challenges and positive industry outlook, with potential catalysts including cost inflation moderation and favorable foreign exchange movements. |
Operational Strengths | Delve into how Mohawk's productivity advantages and operational efficiency could offset market challenges, potentially maintaining healthier margins despite volume declines. |
Financial Projections | Analysts project EPS of $8.85 for FY2025 and $10.68 for FY2026, with an average price target of $117.33 across major institutions despite downward revisions. |
Market Headwinds | Mohawk Industries navigates tepid demand, pricing pressures, and inflation concerns while analysts maintain cautiously neutral stance on the flooring manufacturer's prospects. |
Metrics to compare | MHK | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipMHKPeersSector | |
|---|---|---|---|---|
P/E Ratio | 22.2x | 14.7x | 11.2x | |
PEG Ratio | −0.82 | −4.95 | 0.02 | |
Price / Book | 1.0x | 1.5x | 1.4x | |
Price / LTM Sales | 0.8x | 0.8x | 1.0x | |
Upside (Analyst Target) | 1.1% | 0.0% | 21.7% | |
Fair Value Upside | Unlock | −1.2% | 9.7% | Unlock |