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Mohawk Industries MHK Standard Product Warranty Accrual

Standard Product Warranty Accrual at other companies

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$16.7M-0.6%

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:ProductWarrantyAccrualClassifiedCurrent.

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)April 4, 2026December 31, 2025
Outstanding checks in excess of cash$0.43.7
Accounts payable, trade1,205.41,088.9
Accrued expenses853.1896.7
Product warranties20.822.3
Accrued interest17.819.2
Accrued compensation and benefits272.7279.6
Total accounts payable and accrued expenses$2,370.22,310.4

Item 1. Financial Statements (unaudited)

FAQ

What is Mohawk Industries's standard product warranty accrual?
Mohawk Industries (MHK) reported standard product warranty accrual of $20.8M in Q1 2026.
How has Mohawk Industries's standard product warranty accrual changed year-over-year?
Mohawk Industries's standard product warranty accrual decreased by 27.8% year-over-year, from $28.8M to $20.8M.
What is the long-term trend for Mohawk Industries's standard product warranty accrual?
Over 5 years (2020 to 2025), Mohawk Industries's standard product warranty accrual has grown at a -16.4% compound annual growth rate (CAGR), from $54.69M to $22.3M.

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