What is Mohawk Industries's work in process?

Mohawk Industries (MHK) reported work in process of $141.9M in Q1 2026.

How has Mohawk Industries's work in process changed year-over-year?

Mohawk Industries's work in process decreased by 0.8% year-over-year, from $143M to $141.9M.

What is the long-term trend for Mohawk Industries's work in process?

Over 5 years (2020 to 2025), Mohawk Industries's work in process has grown at a 0.6% compound annual growth rate (CAGR), from $126.23M to $129.8M.

What does work in process mean?

Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.

Mohawk Industries MHK Work in process

Work in process at other companies

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$376M+198%

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$43M+10.3%

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$6.85B-15.3%

Enterprise value$8.5B-16.6%

P/E16.5×-0.2×

P/S0.6×-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

See full

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:InventoryWorkInProcess.

The official record: Mohawk Industries’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mohawk Industries's work in process?: Mohawk Industries (MHK) reported work in process of $141.9M in Q1 2026.
How has Mohawk Industries's work in process changed year-over-year?: Mohawk Industries's work in process decreased by 0.8% year-over-year, from $143M to $141.9M.
What is the long-term trend for Mohawk Industries's work in process?: Over 5 years (2020 to 2025), Mohawk Industries's work in process has grown at a 0.6% compound annual growth rate (CAGR), from $126.23M to $129.8M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.