Mohawk Industries Inc. (MHK) financial statements: income statement, balance sheet and cash flow
Mohawk Industries Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Mohawk Industries Inc. reported revenue of $10.8B (-0.5% year on year) and net income of $369.9M (-28.5% year on year).
Income statement
Mohawk Industries Inc. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net sales
$10.8B
$10.8B
$11.1B
$11.7B
Cost of sales
$8.2B
$8.1B
$8.4B
$8.8B
Gross profit
$2.6B
$2.7B
$2.7B
$2.9B
Selling, general and administrative expenses
$2.1B
$2.0B
$2.1B
$2.0B
Impairment of goodwill and indefinite-lived intangibles
$19.9M
$8.2M
$877.7M
$695.8M
Operating income
$489.8M
$694.7M
($287.8M)
$244.2M
Interest expense
$17.8M
$48.5M
$77.5M
$51.9M
Other (income) and expense, net
$3.3M
$200.0K
($10.8M)
$8.4M
Earnings before income taxes
$468.7M
$646.0M
($354.5M)
$183.9M
Income tax expense
$98.8M
$128.2M
$84.9M
$158.1M
Net earnings including noncontrolling interests
$369.9M
$517.8M
($439.4M)
$25.8M
Less: net earnings attributable to noncontrolling interests
$0
$100.0K
$145.0K
$536.0K
Net earnings attributable to Mohawk Industries, Inc.
$369.9M
$517.7M
($439.5M)
$25.2M
Basic earnings per share attributable to Mohawk Industries, Inc. (in usd per share)
$5.96
$8.18
-$6.90
$0.40
Weighted-average common shares outstanding—basic (in shares)
62.1M
63.3M
63.7M
63.8M
Diluted earnings per share attributable to Mohawk Industries, Inc. (in usd per share)
$5.93
$8.14
-$6.90
$0.39
Weighted-average common shares outstanding—diluted (in shares)
62.4M
63.6M
63.7M
64.1M
Mohawk Industries Inc. income statement, quarters
Line item
Jul 4, 2026 · Q3
Apr 4, 2026 · Q2
Sep 27, 2025 · Q3
Jun 28, 2025 · Q2
Net sales
$3.0B
$2.7B
$2.8B
$2.8B
Cost of sales
$2.2B
$2.1B
$2.1B
$2.1B
Gross profit
$795.1M
$641.9M
$654.9M
$714.4M
Selling, general and administrative expenses
$541.4M
$530.1M
$518.2M
$525.7M
Operating income
$253.7M
$111.8M
$136.7M
$188.7M
Interest expense
$4.8M
$2.4M
$5.0M
$5.2M
Other (income) and expense, net
$400.0K
$1.2M
($400.0K)
$3.0M
Earnings before income taxes
$248.5M
$108.2M
$132.1M
$180.5M
Income tax expense
$52.3M
($8.9M)
$23.3M
$34.0M
Net earnings including noncontrolling interests
$196.2M
$117.1M
$108.8M
$146.5M
Less: net earnings attributable to noncontrolling interests
$100.0K
$0
$0
$0
Net earnings attributable to Mohawk Industries, Inc.
$196.1M
$117.1M
$108.8M
$146.5M
Basic earnings per share attributable to Mohawk Industries, Inc. (in usd per share)
$3.23
$1.91
$1.75
$2.35
Weighted-average common shares outstanding—basic (in shares)
60.7M
61.4M
62.0M
62.3M
Diluted earnings per share attributable to Mohawk Industries, Inc. (in usd per share)
$3.22
$1.90
$1.75
$2.34
Weighted-average common shares outstanding—diluted (in shares)
60.9M
61.7M
62.3M
62.6M
Balance sheet
Mohawk Industries Inc. balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$856.1M
$666.6M
$642.5M
$509.6M
Receivables, net
$1.9B
$1.8B
$1.9B
$1.9B
Inventories
$2.7B
$2.5B
$2.6B
$2.8B
Prepaid expenses
$512.2M
$490.2M
$515.8M
$498.2M
Other current assets
$13.0M
$22.3M
$19.3M
$30.7M
Total current assets
$6.0B
$5.5B
$5.6B
$5.9B
Property, plant and equipment, net
$4.8B
$4.6B
$5.0B
$4.7B
Right of use operating lease assets
$408.7M
$374.0M
$428.5M
$387.8M
Goodwill
$1.2B
$1.1B
$1.2B
$1.9B
Tradenames
$695.8M
$657.8M
$705.7M
$668.3M
Other intangible assets subject to amortization, net
$117.4M
$134.1M
$169.6M
$189.6M
Deferred income taxes and other non-current assets
$516.0M
$423.8M
$498.8M
$390.6M
Total assets
$13.7B
$12.8B
$13.6B
$14.1B
Short-term debt and current portion of long-term debt
$289.3M
$559.4M
$1.0B
$840.6M
Accounts payable and accrued expenses
$2.3B
$2.0B
$2.0B
$2.1B
Current operating lease liabilities
$122.4M
$108.5M
$108.9M
$105.3M
Total current liabilities
$2.7B
$2.7B
$3.1B
$3.1B
Deferred income taxes
$185.4M
$255.2M
$391.5M
$444.7M
Long-term debt, less current portion
$1.7B
$1.7B
$1.7B
$2.0B
Non-current operating lease liabilities
$304.4M
$283.0M
$337.5M
$296.1M
Other long-term liabilities
$355.5M
$333.8M
$354.0M
$312.9M
Total liabilities
$5.3B
$5.2B
$5.9B
$6.1B
Preferred stock, $.01 par value; 60,000 shares authorized; no shares issued
0
0
0
0
Common stock, $.01 par value; 150.0 shares authorized; 68.8 and 69.9 shares issued in 2025 and 2024, respectively
700.0K
700.0K
710.0K
709.0K
Additional paid-in capital
$2.0B
$2.0B
$1.9B
$1.9B
Retained earnings
$7.5B
$7.3B
$7.0B
$7.4B
Accumulated other comprehensive income (loss)
($907.9M)
($1.5B)
($1.1B)
($1.1B)
Shareholder's equity before treasury stock
$8.6B
$7.8B
$7.8B
$8.2B
Less: treasury stock at cost; 7.3 and 7.3 shares in 2025 and 2024, respectively
215.2M
215.3M
215.4M
215.5M
Total Mohawk Industries, Inc. stockholders’ equity
$8.4B
$7.6B
$7.6B
$8.0B
Noncontrolling interests
$5.4M
$5.5M
$6.1M
$6.4M
Total stockholders’ equity
$8.4B
$7.6B
$7.6B
$8.0B
Total liabilities and stockholders' equity
$13.7B
$12.8B
$13.6B
$14.1B
Mohawk Industries Inc. balance sheet, quarters
Line item
Jul 4, 2026
Apr 4, 2026
Sep 27, 2025
Jun 28, 2025
Cash and cash equivalents
$849.6M
$872.3M
$516.2M
$546.7M
Receivables, net
$2.3B
$2.1B
$2.2B
$2.3B
Inventories
$2.6B
$2.7B
$2.7B
$2.7B
Prepaid expenses
$545.7M
$544.0M
$516.1M
$534.8M
Other current assets
$8.7M
$10.7M
$32.8M
$18.7M
Total current assets
$6.3B
$6.2B
$6.0B
$6.1B
Property, plant, and equipment, at cost
$11.0B
$11.0B
$10.8B
$10.8B
Less: accumulated depreciation and amortization
$6.4B
$6.3B
$6.1B
$6.0B
Property, plant and equipment, net
$4.6B
$4.7B
$4.7B
$4.8B
Right of use operating lease assets
$425.3M
$394.6M
$401.1M
$409.9M
Goodwill
$1.2B
$1.2B
$1.2B
$1.2B
Tradenames
$691.1M
$690.6M
$710.6M
$712.5M
Other intangible assets subject to amortization, net
$101.3M
$109.3M
$123.6M
$131.0M
Deferred income taxes and other non-current assets
$536.9M
$537.9M
$500.1M
$481.4M
Total assets
$13.8B
$13.8B
$13.6B
$13.8B
Short-term debt and current portion of long-term debt
$761.4M
$381.1M
$175.6M
$458.8M
Accounts payable and accrued expenses
$2.4B
$2.4B
$2.4B
$2.3B
Current operating lease liabilities
$120.0M
$120.0M
$119.2M
$116.2M
Total current liabilities
$3.3B
$2.9B
$2.7B
$2.9B
Deferred income taxes
$166.4M
$171.1M
$215.9M
$239.5M
Long-term debt, less current portion
$1.2B
$1.7B
$1.7B
$1.7B
Non-current operating lease liabilities
$322.2M
$292.2M
$300.0M
$311.9M
Other long-term liabilities
$359.5M
$346.6M
$345.9M
$334.4M
Total liabilities
$5.3B
$5.4B
$5.3B
$5.5B
Preferred stock, $.01 par value; 60,000 shares authorized; no shares issued
0
0
0
0
Common stock, $.01 par value; 150.0 shares authorized; 67.8 and 68.8 shares issued in 2026 and 2025, respectively
700.0K
700.0K
700.0K
700.0K
Additional paid-in capital
$2.0B
$2.0B
$2.0B
$2.0B
Retained earnings
$7.7B
$7.6B
$7.5B
$7.5B
Accumulated other comprehensive income (loss)
($937.1M)
($959.3M)
($979.6M)
($947.6M)
Shareholder's equity before treasury stock
$8.8B
$8.6B
$8.6B
$8.5B
Less: treasury stock at cost; 7.3 shares in 2026 and 2025
215.0M
215.1M
215.2M
215.2M
Total Mohawk Industries, Inc. stockholders' equity
$8.5B
$8.4B
$8.3B
$8.3B
Noncontrolling interests
$4.0M
$4.1M
$5.4M
$5.5M
Total stockholders' equity
$8.5B
$8.4B
$8.3B
$8.3B
Total liabilities and stockholders' equity
$13.8B
$13.8B
$13.6B
$13.8B
Cash flow statement
Mohawk Industries Inc. cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net earnings including noncontrolling interests
$369.9M
$517.8M
($439.4M)
$25.8M
Restructuring, excluding accelerated depreciation
$100.8M
$60.0M
$82.7M
$47.7M
Impairment of goodwill and indefinite-lived intangibles
$19.9M
$8.2M
$877.7M
$695.8M
Depreciation and amortization
$652.6M
$638.3M
$630.3M
$595.5M
Deferred income taxes
($131.8M)
($58.2M)
($109.9M)
($51.1M)
(Gain) and loss on disposal of property, plant and equipment
($14.2M)
$13.8M
($102.0K)
$697.0K
Stock-based compensation expense
$30.0M
$27.5M
$21.0M
$22.4M
Receivables, net
($16.6M)
($49.2M)
$150.6M
($84.4M)
Inventories
($28.3M)
($79.1M)
$281.3M
($409.6M)
Accounts payable and accrued expenses
$71.5M
$43.8M
($194.0M)
($94.1M)
Other assets and prepaid expenses
($22.1M)
$56.8M
($14.4M)
($49.6M)
Other liabilities
$24.5M
($45.8M)
$43.5M
($29.9M)
Net cash provided by operating activities
$1.1B
$1.1B
$1.3B
$669.2M
Additions to property, plant and equipment
($440.0M)
($454.4M)
($612.9M)
($580.7M)
Divestitures
$5.0M
—
—
—
Acquisitions, net of cash acquired
($6.9M)
$0
($515.4M)
($209.6M)
Purchases of short-term investments
$0
$0
($775.0M)
($2.5B)
Redemption of short-term investments
$0
$0
$933.0M
$2.6B
Net cash used in investing activities
($441.9M)
($454.4M)
($970.3M)
($625.3M)
Payments on Senior Credit Facility
($526.8M)
($353.4M)
($1.0B)
($5.0M)
Proceeds from Senior Credit Facility
$526.3M
$287.5M
$1.1B
$5.0M
Payments on commercial paper
($8.0B)
($10.2B)
($16.4B)
($19.4B)
Proceeds from commercial paper
$7.7B
$10.7B
$15.6B
$19.6B
Proceeds from Senior Notes issuance
$0
$0
$600.0M
$0
Payments on Term Loan Facility
$0
($912.3M)
—
$0
Net payments of other financing activities
($39.1M)
($24.2M)
($39.1M)
($23.5M)
Debt issuance costs
$0
$0
($5.6M)
($2.5M)
Purchase of Mohawk common stock
($149.8M)
($162.8M)
$0
($307.6M)
Change in outstanding checks in excess of cash
$3.1M
($1.6M)
($626.0K)
($251.0K)
Net cash used in financing activities
($470.0M)
($629.5M)
($210.7M)
$194.3M
Effect of exchange rate changes on cash and cash equivalents
$45.2M
($26.0M)
($15.3M)
$2.6M
Net change in cash and cash equivalents
$189.5M
$24.0M
$132.9M
$240.7M
Cash and cash equivalents, beginning of year
$666.6M
$642.6M
$509.6M
$268.9M
Cash and cash equivalents, end of year
$856.1M
$666.6M
$642.5M
$509.6M
Mohawk Industries Inc. cash flow statement, quarters
Line item
Jul 4, 2026 · YTD
Apr 4, 2026 · Q2
Sep 27, 2025 · YTD
Jun 28, 2025 · YTD
Net earnings including noncontrolling interests
$313.3M
$117.1M
$327.9M
$219.0M
Restructuring, excluding accelerated depreciation
$36.6M
$7.7M
$75.6M
$45.2M
Depreciation and amortization
$341.1M
$181.8M
$476.3M
$306.0M
Deferred income taxes
($37.6M)
($38.9M)
($75.0M)
($48.0M)
(Gain) loss on disposal of property, plant and equipment
$3.1M
$1.4M
($4.8M)
($1.9M)
Stock-based compensation expense
$14.1M
$7.4M
$22.6M
$15.2M
Receivables, net
($366.3M)
($175.1M)
($313.3M)
($316.5M)
Inventories
$63.5M
($31.4M)
($75.2M)
($68.8M)
Accounts payable and accrued expenses
$171.0M
$80.3M
$161.2M
$81.0M
Other assets and prepaid expenses
($49.7M)
($21.4M)
($19.1M)
($45.6M)
Taxes payable
($75.0M)
—
—
—
Other liabilities
$12.5M
($18.8M)
$20.4M
$24.4M
Net cash provided by operating activities
$426.6M
$110.1M
$596.6M
$210.0M
Additions to property, plant and equipment
($190.6M)
($102.3M)
($245.6M)
($169.3M)
Divestitures
$3.3M
—
—
—
Net cash used in investing activities
($187.3M)
($102.3M)
($245.6M)
($169.3M)
Payments on Senior Credit Facility
($195.8M)
($166.5M)
($413.0M)
($234.8M)
Proceeds from Senior Credit Facility
$195.8M
$166.5M
$429.9M
$260.7M
Payments on commercial paper
($6.8B)
($2.9B)
($7.7B)
($6.3B)
Proceeds from commercial paper
$6.7B
$3.0B
$7.3B
$6.1B
Net payments of other financing activities
($15.0M)
($12.7M)
($28.0M)
($17.9M)
Purchase of Mohawk common stock
($124.6M)
($64.7M)
($108.7M)
($68.1M)
Shares redeemed for taxes
-6.7M
—
—
—
Change in outstanding checks in excess of cash
($2.7M)
($3.3M)
$2.8M
($500.0K)
Net cash used in financing activities
($247.9M)
$11.8M
($532.4M)
($205.1M)
Effect of exchange rate changes on cash and cash equivalents