Mohawk Industries, Inc. (MHK)

Mohawk Industries Income Statement

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

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

Updated Feb 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q