Mohawk Industries Inc

Latest Results (12.05.2026):

Mohawk Industries Inc — Q1 2026: Mohawk reported consolidated net sales of $2,728.7 million in Q1 2026 (up from $2,525.8M year‑ago) and operating income of $111.8M. Net earnings were $117.1M versus $72.6M in Q1 2025, with diluted EPS of $1.90 (vs. $1.15). Results reflected reported sales growth driven partly by shipping-day and FX effects, while adjusted sales were lower year‑over‑year in several segments; management emphasized active cost management and preparation for an eventual industry rebound.

Key financials

For Q1 2026 Mohawk Industries Inc reported net sales of $2,728.7M, operating income $111.8M, net earnings $117.1M, basic EPS $1.91 and diluted EPS $1.90. Adjusted net earnings per diluted share was $1.90.

Profitability and margins

Mohawk Industries Inc Q1 2026 gross profit was $641.9M and adjusted gross profit $676.7M (adjusted gross margin 24.8%). Adjusted operating income was $149.5M (adjusted operating margin 5.5%).

Segment sales overview

In Q1 2026 Mohawk Industries Inc reported segment net sales of: Global Ceramic $1,097.4M, Flooring North America $880.0M and Flooring Rest of World $751.3M (consolidated net sales $2,728.7M). Adjustments for shipping days and FX reduce consolidated adjusted net sales to $2,458.9M.

Global Ceramic

Mohawk Industries Inc Q1 2026 Global Ceramic net sales rose 10.4% as reported to $1,097.4M but were essentially flat (-0.2%) on a constant‑days/FX basis (adjusted $991.8M). Reported operating margin was 4.7% (adjusted ~5.0%); operating income was $51.2M, with margin pressure from input costs partially offset by productivity and price mix.

Flooring North America

Mohawk Industries Inc Q1 2026 Flooring North America net sales increased 2.0% as reported to $880.0M but fell 4.1% on an adjusted basis (adjusted $826.8M). Reported operating income was $3.8M (0.4% margin) and adjusted segment operating margin improved to about 4.0%, helped by productivity gains but offset by higher input costs and competitive pricing.

Flooring Rest of World

Mohawk Industries Inc Q1 2026 Flooring Rest of World reported net sales of $751.3M (up 12.2% as reported; adjusted $640.4M, down ~4.4%). Operating income was $70.5M (reported margin 9.4%; adjusted ~9.8%), with pressure from competitive pricing noted.

Cash flow, capex and balance sheet

Mohawk Industries Inc Q1 2026 generated $110.1M of net cash from operating activities; capital expenditures were $102.3M, leaving free cash flow of $7.8M. Cash and equivalents were $872.3M, total debt $2,111.3M and net debt $1,239.0M (net debt to adjusted EBITDA ~0.9x).

Management commentary and outlook

Mohawk Industries Inc for Q1 2026 emphasized active management of controllable factors, adaptation to market disruptions, and readiness to benefit from higher housing starts and deferred remodeling demand over time; forward‑looking comments were accompanied by standard cautionary statements about risks and uncertainties.