Mohawk Industries, Inc. (MHK)

Over the past six months, Mohawk Industries' stock price has fluctuated due to market conditions, earnings reports, and analyst adjustments. As of January 7, 2026, the share price was $106.87, a 9.65% decrease from January 8, 2025. Key events include the Q3 2025 earnings report, which reported adjusted EPS of $2.67, slightly missing estimates, and net sales of $2.8 billion, up 1.4%. The company anticipated Q4 2025 adjusted EPS to be between $1.90 and $2.00. Several brokerages adjusted their ratings and price targets for MHK. The company has been navigating challenging market conditions, including soft consumer demand, pricing pressures, and ongoing inflation concerns. New global tariffs, including a 45% U.S. tariff on Chinese LVT imports, are expected to incur annualized costs of approximately $50 million.

Mohawk Industries experiences demand seasonality, with the Global Ceramic and Flooring North America segments typically seeing higher net sales in the second and third quarters, while the Flooring Rest of the World segment typically experiences higher net sales in the first and second quarters. Fourth-quarter sales are typically lower than the third quarter. Economic downturns can affect the seasonality of each segment. The company anticipates challenging market conditions to persist.

Mohawk Industries, Inc., based in Calhoun, Georgia, is a global flooring manufacturer operating in the Home Furnishings sector. The company designs, manufactures, sources, distributes, and markets a comprehensive portfolio of flooring products for residential and commercial applications, including tile, carpets, flooring, countertops, and other products like insulation and panels.

Mohawk Industries has a significant global presence with 71 production sites worldwide as of the end of 2024, located across 19 countries, and sells products in approximately 170 nations. In 2024, net sales were distributed as follows: 54.8% in the United States, 29.5% in Europe, 6.9% in Latin America, and 8.8% in other regions. The company operates in North America, Europe, Latin America, and Australasia.

In the past year, Mohawk Industries faced a lawsuit filed in December 2024 against chemical companies over PFAS contamination in its carpet products. An older class-action lawsuit alleging a fraudulent scheme to fabricate revenues was settled in December 2023 for $60 million, with Mohawk not admitting fault. Additionally, Mohawk Industries has continued its business operations in Russia despite international sanctions, which could be a point of reputational concern.

Mohawk Industries, Inc. has significant institutional ownership, with institutions holding approximately 71.01% of the company's shares. Individual investors hold about 17.39% of the shares. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Dimensional Fund Advisors Lp.