Is the business good?
How good a business is MHK?
Mohawk Industries, Inc. earns 4.2% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
4.2%
Return on invested capital · cost of capital 9.0% · 4.9 points below what the capital costs: growth destroys value
- Operating margin
- 4.6%
Operating margin · Furnishings, Fixtures & Appliances median 5.7% · 12 months to Q1 2026
- Cash conversion
- 1.71×
Cash conversion · 1.03× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −1.9%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | 6.7% |
| FY2021 | 12% |
| FY2022 | 2.1% |
| FY2023 | −2.6% |
| FY2024 | 6.4% |
| FY2025 | 4.5% |
Details›
- Gross margin12 months to Q1 2026
- 24%
- Operating margin12 months to Q1 2026
- 4.6%
- Net margin12 months to Q1 2026
- 3.8%
- Free cash flow margin
- 6.5%
- Revenue, trailing twelve months
- $11.0B
- Free cash flow, trailing twelve months
- $709M
- Net income, trailing twelve months
- $414M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 4.2%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Furnishings, Fixtures & Appliances
Ranks #5 of 11 by Smart Score