Mohawk Industries, Inc. (MHK)

Over the past six months, Mohawk Industries' stock price has experienced a decline. Recent stock performance has been impacted by soft residential demand and pricing pressures, increased costs, supply chain disruptions, Flooring North America order system issues, global tariffs, and a strengthening U.S. dollar. In Q4 2024, net sales were approximately $2.6 billion, and adjusted EPS was $1.95. For Q1 2025, net sales were $2.5 billion, a 5.7% decrease, with adjusted EPS of $1.52.

Mohawk Industries experiences demand seasonality, with the first quarter typically being the lowest period. European summer holidays impact sales in the third quarter, and normal seasonal improvements are expected in the second quarter. Economic downturns can affect the seasonality of each segment.

Mohawk Industries, Inc. is the world's largest flooring company, engaged in the manufacture, design, and distribution of residential and commercial flooring products. The company operates within the Consumer Cyclicals sector, specifically in the Home Furnishings and Building Products industries. Mohawk's product portfolio includes ceramic products, soft flooring products, hard flooring products, and other products. The company sells its products through various channels, including home centers, independent specialty retailers, builders, mass merchants, and e-commerce.

Mohawk Industries has a significant global presence, with operations and sales spanning approximately 180 countries and manufacturing facilities in 19 countries. It holds key market positions in North America, Europe, Australia/New Zealand, and South America. The company generates a majority of its revenue from the United States, with substantial operations also in Europe, Latin America, Australia, Brazil, Canada, Malaysia, Mexico, New Zealand, and Russia.

Mohawk Industries is recognized as a leading global flooring manufacturer and a Fortune 500 company, known for its industry-leading innovation and diverse product offerings. The company's brands are among the most recognized in the industry. However, Mohawk Industries has faced criticism for continuing its business operations in Russia despite international sanctions.

Mohawk Industries' ownership is primarily institutional, with a significant portion also held by individuals. Key institutional shareholders include Vanguard Group Inc., JPMorgan Chase & Co., BlackRock, Inc., Dimensional Fund Advisors LP, State Street Corp, Invesco Ltd., Ariel Investments, LLC, and Select Equity Group, L.P. Notable individual owners include Jeffrey S. Lorberbaum (Chairman and CEO), Mark Lorberbaum, and Filip Balcaen. Jeffrey S. Lorberbaum is the largest individual shareholder, owning 37.29% of the company's shares.