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Other financials

Income statement

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Revenue$2.7B+8.0%
Operating income$111.8M+16.5%
Net income$117.1M+61.3%
EPS (diluted)$1.90+65.2%

Balance sheet

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Cash & equivalents$872.3M+24.2%
Total debt$2.5B-9.5%
Total equity$8.4B+6.6%
Total assets$13.8B+2.9%

Cash flow

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Operating cash flow$110.1M+2,876%
CapEx$102.3M+14.8%
Free cash flow$7.8M+109%

Valuation

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Market cap$9.19B+22.1%
Enterprise value$10.84B+12.8%
P/E22.2×+6.2×
P/S0.8×+0.1×

Profitability

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Gross margin24%-0.6pp
Operating margin4.6%-1.4pp
Net margin3.8%-0.7pp
FCF margin6.5%+1.8pp

Returns & leverage

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Return on equity5.1%-1.1pp
Debt / equity0.3×-0.1×
Current ratio2.2×+0.1×

Where this comes from

Calculated from Mohawk Industries’s reported figures.

The source filing: Mohawk Industries’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 1:08 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000851968-26-000018
(In millions, except per share data)Three Months Ended / April 4, 2026Three Months Ended / March 29, 2025
Net sales$2,728.72,525.8
Cost of sales2,086.81,942.5
Gross profit641.9583.3
Selling, general and administrative expenses530.1487.3
Operating income111.896.0
Interest expense2.46.4
Other (income) and expense, net1.2(0.5)
Earnings before income taxes108.290.1

Item 1. Financial Statements (unaudited)

FAQ

What is Mohawk Industries's gross profit?
Mohawk Industries (MHK) reported gross profit of $641.9M in Q1 2026.
How has Mohawk Industries's gross profit changed year-over-year?
Mohawk Industries's gross profit increased by 10.0% year-over-year, from $583.3M to $641.9M.
What is the long-term trend for Mohawk Industries's gross profit?
Over 4 years (2021 to 2025), Mohawk Industries's gross profit has grown at a -5.8% compound annual growth rate (CAGR), from $3.27B to $2.57B.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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