Mohawk Industries

MHK

Market cap $6.44B

Mohawk Industries is upgraded to a soft 'buy' after a 20% share price decline and improving fundamentals. Q1 2026 saw revenue rise 8% to $2.73B, with net income up to $117.1M and strong cash flow growth. Cost-cutting initiatives and attractive valuation multiples versus peers support the investment case, despite ongoing macro and geopolitical risks.

Mohawk Industries remains a Hold as demand recovery in housing is still unclear despite improved execution. Q1 showed better margins—adj. gross margin at 24.8% and EBIT margin at 5.5%—driven by pricing and premium product mix. Premiumization and expanded distribution are supporting margins, but order trends may reflect demand pulled forward, not true growth.

Mohawk Industries, Inc. (MHK) Q1 2026 Earnings Call Transcript

While the top- and bottom-line numbers for Mohawk Industries (MHK) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Mohawk Industries (MHK) came out with quarterly earnings of $1.9 per share, beating the Zacks Consensus Estimate of $1.8 per share. This compares to earnings of $1.52 per share a year ago.

CALHOUN, Ga., April 30, 2026 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced first quarter 2026 net earnings of $117 million and earnings per share (“EPS”) of $1.90; adjusted net earnings were $117 million, and adjusted EPS was $1.90. Net sales for the first quarter of 2026 were $2.7 billion, up 8.0% as reported and down 2.6% adjusted for constant days and exchange rates versus the prior year. During the first quarter of 2025, the Company reported net sales of $2.5 billion, net earnings of $73 million and earnings per share of $1.15; adjusted net earnings were $96 million, and adjusted EPS was $1.52.

Mohawk Industries (MHK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

DALTON, Ga.--(BUSINESS WIRE)-- #CommercialFlooring--Mohawk Group announces the addition of Hero Rubber made with Nike Grind to its commercial flooring portfolio.

Investors need to pay close attention to MHK stock based on the movements in the options market lately.

CALHOUN, Ga., April 02, 2026 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries' (NYSE: MHK) First Quarter 2026 earnings release on Thursday, April 30, 2026, you are invited to listen to the conference call that will be broadcast live on Friday, May 1, 2026, at 11:00 am ET.