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Mohawk Industries MHK Interest Expense

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Other financials

Income statement

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Revenue$2.7B+8.0%
Gross profit$641.9M+10.0%
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

Reported directly by Mohawk Industries in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseNonoperating.

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
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
Income tax expense (benefit)(8.9)17.5
Net earnings including noncontrolling interests117.172.6

Item 1. Financial Statements (unaudited)

FAQ

What is Mohawk Industries's interest expense?
Mohawk Industries (MHK) reported interest expense of $2.4M in Q1 2026.
How has Mohawk Industries's interest expense changed year-over-year?
Mohawk Industries's interest expense decreased by 62.5% year-over-year, from $6.4M to $2.4M.
What is the long-term trend for Mohawk Industries's interest expense?
Over 4 years (2021 to 2025), Mohawk Industries's interest expense has grown at a -25.3% compound annual growth rate (CAGR), from $57.25M to $17.8M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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