Mohawk Industries, Inc. (MHK)

Mohawk Industries Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 28, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	10,684	10,837	11,135	11,737	11,201	9,552
Revenue Growth (YoY)	-1.61%	-2.68%	-5.13%	4.79%	17.26%	-4.20%
Cost of Revenue	7,982	8,070	8,317	8,726	7,913	7,019
Gross Profit	2,703	2,767	2,819	3,011	3,287	2,533
Selling, General & Admin	1,966	1,961	2,005	1,990	1,928	1,768
Operating Expenses	1,966	1,961	2,005	1,990	1,928	1,768
Operating Income	736.5	806.9	813.8	1,022	1,359	764.85
Interest Expense	-32.6	-48.5	-77.5	-51.9	-57.25	-52.38
Currency Exchange Gain (Loss)	-13	-11.2	-15.7	-15.4	-6.3	-7.82
Other Non Operating Income (Expenses)	10.6	11	26.5	14.3	18.53	12.17
EBT Excluding Unusual Items	701.5	758.2	747.1	968.7	1,314	716.82
Merger & Restructuring Charges	-99.5	-94.1	-136.1	-89	-23.64	-128.85
Impairment of Goodwill	-	-	-870.8	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	-	-3.6
Asset Writedown	-8.2	-8.2	-6.9	-695.8	-	-
Legal Settlements	-9.9	-9.9	-87.8	-	-	-
Pretax Income	583.9	646	-354.5	183.9	1,290	584.37
Income Tax Expense	109.6	128.2	84.9	158.1	256.45	68.65
Earnings From Continuing Operations	474.3	517.8	-439.4	25.8	1,034	515.73
Minority Interest in Earnings	-	-0.1	-0.1	-0.6	-0.39	-0.13
Net Income	474.3	517.7	-439.5	25.2	1,033	515.6
Net Income to Common	474.3	517.7	-439.5	25.2	1,033	515.6
Net Income Growth	-	-	-	-97.56%	100.38%	-30.72%
Shares Outstanding (Basic)	63	63	64	64	69	71
Shares Outstanding (Diluted)	63	64	64	64	69	71
Shares Change (YoY)	-1.26%	-0.16%	-0.62%	-7.30%	-3.16%	-1.19%
EPS (Basic)	7.56	8.18	-6.90	0.39	15.01	7.24
EPS (Diluted)	7.53	8.14	-6.90	0.39	14.94	7.22
EPS Growth	-	-	-	-97.39%	106.92%	-29.90%
Free Cash Flow	481.1	679.5	716.3	88.5	633	1,344
Free Cash Flow Per Share	7.64	10.68	11.24	1.38	9.15	18.83
Gross Margin	25.30%	25.54%	25.31%	25.66%	29.35%	26.52%
Operating Margin	6.89%	7.45%	7.31%	8.71%	12.13%	8.01%
Profit Margin	4.44%	4.78%	-3.95%	0.21%	9.22%	5.40%
Free Cash Flow Margin	4.50%	6.27%	6.43%	0.75%	5.65%	14.07%
EBITDA	1,355	1,445	1,444	1,617	1,950	1,372
EBITDA Margin	12.68%	13.34%	12.97%	13.78%	17.41%	14.37%
D&A For EBITDA	618.6	638.3	630.3	595.5	591.71	607.51
EBIT	736.5	806.9	813.8	1,022	1,359	764.85
EBIT Margin	6.89%	7.45%	7.31%	8.71%	12.13%	8.01%
Effective Tax Rate	18.77%	19.84%	-	85.97%	19.88%	11.75%
Advertising Expenses	-	143.7	135.2	126.9	139.54	105.97

Updated May 2, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q