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Mohawk Industries MHK Flooring ROW — Restructuring costs

Other segment segments

Flooring NA
$31.3M+93.2%
Global Ceramic
$3.3M-51.5%

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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$8.97B+19.1%
Enterprise value$10.62B+10.5%
P/E21.7×+5.7×
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:RestructuringCharges.

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)Lease impairmentsAsset Write-Downs and (Gains) on Disposals, netSeverance
Restructuring costs
Global Ceramic1.21.50.43.3
Flooring NA29.30.131.3
Flooring ROW0.90.12.8
Total restructuring costs1.231.70.637.4
Cash proceeds (payments)5.3(13.0)(11.6)
Non-cash (expense) income(1.2)(37.0)2.2(36.0)
Balances as of April 4, 202617.017.0

Item 1. Financial Statements (unaudited)

FAQ

What is Mohawk Industries's flooring ROW — restructuring costs?
Mohawk Industries (MHK) reported flooring ROW — restructuring costs of $2.8M in Q1 2026.
How has Mohawk Industries's flooring ROW — restructuring costs changed year-over-year?
Mohawk Industries's flooring ROW — restructuring costs increased by 21.7% year-over-year, from $2.3M to $2.8M.
What is the long-term trend for Mohawk Industries's flooring ROW — restructuring costs?
Over 3 years (2022 to 2025), Mohawk Industries's flooring ROW — restructuring costs has grown at a 4.9% compound annual growth rate (CAGR), from $28.88M to $33.3M.
What does flooring ROW — restructuring costs mean?
Reflects expenses incurred to reorganize, consolidate, or streamline operations within the international flooring segment. Monitoring these costs helps investors assess the company's efforts to improve long-term operational efficiency and cost structure.

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