Mohawk Industries (NYSE:MHK) Announces Quarterly Earnings Results

Mohawk Industries (NYSE:MHKGet Free Report) issued its quarterly earnings data on Thursday. The company reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.98 by $0.02, FiscalAI reports. The business had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.68 billion. Mohawk Industries had a net margin of 3.43% and a return on equity of 6.85%. The firm’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period last year, the business posted $1.95 earnings per share. Mohawk Industries updated its Q1 2026 guidance to 1.750-1.850 EPS.

Mohawk Industries Stock Performance

Shares of MHK stock opened at $132.34 on Friday. The company has a fifty day moving average price of $117.63 and a two-hundred day moving average price of $120.86. Mohawk Industries has a one year low of $96.24 and a one year high of $143.13. The stock has a market cap of $8.18 billion, a P/E ratio of 22.35, a P/E/G ratio of 3.72 and a beta of 1.23. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.25 and a quick ratio of 1.24.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on MHK. Jefferies Financial Group dropped their target price on Mohawk Industries from $134.00 to $128.00 and set a “hold” rating on the stock in a research report on Monday, December 15th. Wall Street Zen lowered shares of Mohawk Industries from a “buy” rating to a “hold” rating in a research report on Saturday, December 20th. Vertical Research initiated coverage on shares of Mohawk Industries in a report on Monday, October 20th. They set a “buy” rating for the company. Wolfe Research lowered shares of Mohawk Industries from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, January 7th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Mohawk Industries in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $129.78.

Read Our Latest Report on Mohawk Industries

Insider Activity

In related news, insider Suzanne L. Helen sold 2,700 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $109.00, for a total value of $294,300.00. Following the completion of the sale, the insider directly owned 67,893 shares in the company, valued at approximately $7,400,337. This trade represents a 3.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last quarter, insiders have sold 14,485 shares of company stock valued at $1,604,006. 17.40% of the stock is currently owned by corporate insiders.

Institutional Trading of Mohawk Industries

Institutional investors and hedge funds have recently bought and sold shares of the business. Kestra Advisory Services LLC bought a new stake in Mohawk Industries in the 4th quarter valued at $97,000. Transamerica Financial Advisors LLC increased its position in Mohawk Industries by 216.1% during the 4th quarter. Transamerica Financial Advisors LLC now owns 275 shares of the company’s stock worth $30,000 after buying an additional 188 shares during the period. CANADA LIFE ASSURANCE Co lifted its holdings in shares of Mohawk Industries by 252.8% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 45,908 shares of the company’s stock worth $5,016,000 after buying an additional 32,897 shares in the last quarter. Bridgewater Associates LP bought a new stake in shares of Mohawk Industries in the fourth quarter valued at about $1,179,000. Finally, Gendell Jeffrey L boosted its position in shares of Mohawk Industries by 136.3% in the fourth quarter. Gendell Jeffrey L now owns 445,669 shares of the company’s stock valued at $48,712,000 after acquiring an additional 257,100 shares during the period. Institutional investors own 78.98% of the company’s stock.

Mohawk Industries News Summary

Here are the key news stories impacting Mohawk Industries this week:

About Mohawk Industries

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Mohawk Industries, Inc is a global flooring manufacturer that designs, produces and distributes a broad range of floor covering products for both residential and commercial applications. Headquartered in Calhoun, Georgia, the company traces its roots to 1878 and has expanded through a series of strategic acquisitions and organic growth initiatives. Over the decades, Mohawk has built a vertically integrated platform encompassing yarn manufacturing, fiber production, wood and laminate finishing, and ceramic tile fabrication, enabling tight control over product quality and supply chain efficiency.

The company’s product portfolio includes residential and commercial carpet, ceramic and porcelain tile, laminate, wood and natural stone flooring, luxury vinyl, and innovative surface solutions.

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Earnings History for Mohawk Industries (NYSE:MHK)

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