Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for residential and commercial remodeling, and new construction channels in the United States, Europe, Latin America, and internationally. It operates through three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World. The company provides ceramic, porcelain, and natural stone tiles products for floor and wall applications; natural stones, porcelain slabs, and quartz countertops, as well as installation materials; floor covering products comprising broadloom carpets, carpet tiles, rugs and mats, carpet pads, laminates, medium-density fiberboards, wood floorings, vinyl tiles, and sheet vinyl; and roofing panels, insulation boards, mezzanine flooring products, medium-density fiberboard, decorative panels, and chipboards. It also licenses its intellectual property to flooring manufacturers. The company sells its products under the American Olean, Daltile, Decortiles, Eliane, Elizabeth, Lentex Flooring, EmilGroup, KAI, Kerama Marazzi, Marazzi, Ragno, Aladdin Commercial, Durkan, Foss, IVC Resilient Design, Karastan, Mohawk, Mohawk Group, Mohawk Home, Pergo, Portico, Quick-Step, Feltex, GH Commercial, Godfrey Hirst, Hycraft, IVC Home, Lentex, Leoline, Moduleo, Redbook, Unilin, and Vitromex brands. It offers its products to home centers, company-owned service centers and stores, floor covering retailers, ceramic tile specialists, e-commerce retailers, residential builders, independent distributors, commercial contractors, and commercial end users. The company was incorporated in 1988 and is headquartered in Calhoun, Georgia.
Market Headwinds | Mohawk Industries faces challenges amid softer demand, pricing pressures, and a shift towards lower-priced product mixes, impacting its near-term outlook |
Financial Resilience | Despite headwinds, Mohawk maintains a healthy EBITDA of $1.4 billion over the last twelve months, showcasing operational efficiency |
Analyst Projections | Price targets range from $111 to $146, with analysts cautious about a robust earnings recovery due to persistent macroeconomic challenges |
Strategic Positioning | Explore Mohawk's diverse product portfolio and strong market presence, positioning it to potentially capitalize on future industry improvements |
Metrics to compare | MHK | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipMHKPeersSector | |
|---|---|---|---|---|
P/E Ratio | 18.0x | 14.7x | 11.2x | |
PEG Ratio | −0.75 | 2.31 | 0.02 | |
Price/Book | 0.9x | 1.8x | 1.4x | |
Price / LTM Sales | 0.7x | 0.9x | 1.0x | |
Upside (Analyst Target) | 9.1% | 0.0% | 21.6% | |
Fair Value Upside | Unlock | 12.6% | 9.4% | Unlock |