Mohawk Industries, Inc. (MHK)

Mohawk Industries' stock price has been influenced by several factors over the past six months. As of September 26, 2025, the share price was $128.59, a 19.03% decline from the previous year. In Q1 2025, adjusted EPS was $1.52, lower than Q4 2024, due to seasonal trends, tariff preparations, and system challenges. Sales decreased by 5.7% to $2.5 billion, and the company repurchased 225,000 shares for $26 million. Q2 2025 earnings were $2.77 per share, beating estimates, with revenue at $2.802 billion, also exceeding estimates. Operational restructuring aims for $100 million in annual savings. The U.S. housing market showed weakness, but a Federal Reserve interest rate cut in September 2025 could benefit the construction and real estate sectors.

Mohawk Industries' products experience demand seasonality, with Q1 2025 EPS lower due to seasonal trends. The flooring industry is influenced by seasonal patterns in construction and remodeling, with demand increasing during warmer months. Macroeconomic conditions, such as the downturn in the U.S. housing market and weakening consumer confidence, have impacted demand. In Europe, the usual post-summer sales improvement was not observed in 2024 due to economic weakness.

Mohawk Industries, Inc. is a global flooring manufacturer that designs, manufactures, sources, distributes, and markets a wide array of flooring products. The company's core business segments include Carpet and Rugs, Ceramic and Stone Flooring, and Laminate, Wood, and Luxury Vinyl Flooring. It offers a diverse range of flooring solutions for residential and commercial applications, including carpets, tiles, rugs, and countertops. Headquartered in Calhoun, Georgia, Mohawk Industries has grown through strategic acquisitions to become a diversified flooring company.

Mohawk Industries has a significant global presence, operating in over 170 countries and employing approximately 43,000 people. The company has manufacturing facilities in 15 countries across North America, Europe, South America, Oceania, and Asia.

Mohawk Industries has been recognized for its industry presence and sustainability efforts, receiving awards at the Flooring Sustainability Summit and supporting rhino conservation through its SmartStrand carpet. The company supports charitable organizations and contributes to reforestation efforts. However, it has faced criticism for continuing business operations in Russia following the invasion of Ukraine.

Mohawk Industries is primarily owned by institutional shareholders (82.01%) and insiders (54.47%). Major institutional owners include Vanguard Group Inc., JPMorgan Chase & Co., and BlackRock, Inc. Jeffrey S. Lorberbaum, the Chairman and CEO, is the largest individual shareholder, owning 23.30 million shares, representing 37.50% of the company.