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Mohawk Industries MHK Operating Income

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Segments

By segment

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Flooring ROW$70.5M+20.1%
Global Ceramic$51.2M+22.5%
Flooring NA$3.8M-59.1%

Other financials

Income statement

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

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
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
Income tax expense (benefit)(8.9)17.5

Item 1. Financial Statements (unaudited)

FAQ

What is Mohawk Industries's operating income?
Mohawk Industries (MHK) reported operating income of $111.8M in Q1 2026.
How has Mohawk Industries's operating income changed year-over-year?
Mohawk Industries's operating income increased by 16.5% year-over-year, from $96M to $111.8M.
What is the long-term trend for Mohawk Industries's operating income?
Over 3 years (2021 to 2025), Mohawk Industries's operating income has grown at a -28.4% compound annual growth rate (CAGR), from $1.34B to $489.7M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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