Reported Earnings • May 01
First quarter 2026 earnings released: EPS: US$1.91 (vs US$1.16 in 1Q 2025) First quarter 2026 results: EPS: US$1.91 (up from US$1.16 in 1Q 2025). Revenue: US$2.73b (up 8.0% from 1Q 2025). Net income: US$117.1m (up 61% from 1Q 2025). Profit margin: 4.3% (up from 2.9% in 1Q 2025). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annonce • Apr 07
Mohawk Industries, Inc., Annual General Meeting, May 21, 2026 Mohawk Industries, Inc., Annual General Meeting, May 21, 2026. Location: 160 south industrial boulevard, georgia 30701., calhoun United States Annonce • Apr 03
Mohawk Industries, Inc. to Report Q1, 2026 Results on Apr 30, 2026 Mohawk Industries, Inc. announced that they will report Q1, 2026 results on Apr 30, 2026 Recent Insider Transactions • Mar 20
Chairman & CEO recently sold US$416k worth of stock On the 17th of March, Jeffrey Lorberbaum sold around 4k shares on-market at roughly US$104 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$709k. Jeffrey has been a net seller over the last 12 months, reducing personal holdings by US$6.1m. Buy Or Sell Opportunity • Mar 03
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.8% to US$112. The fair value is estimated to be US$145, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Earnings per share has grown by 79%. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 23% per annum over the same time period. Reported Earnings • Feb 13
Full year 2025 earnings released: EPS: US$5.96 (vs US$8.18 in FY 2024) Full year 2025 results: EPS: US$5.96 (down from US$8.18 in FY 2024). Revenue: US$10.8b (flat on FY 2024). Net income: US$369.9m (down 28% from FY 2024). Profit margin: 3.4% (down from 4.8% in FY 2024). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annonce • Feb 13
Mohawk Industries, Inc. Reports Impairment Charges for the Fourth Quarter Ended December 31, 2025 Mohawk Industries, Inc. reported impairment charges for the fourth quarter ended December 31, 2025. For the quarter, the company reported impairment of goodwill and indefinite-lived intangibles of $19.9 million compared to $8.2 million a year ago. Annonce • Feb 07
Mohawk Industries, Inc. Announces Appointment of Paul De Cock as Interim President of Flooring Rest of World Segment, Effective February 5, 2026 Mohawk Industries, Inc. announced that Mr. Paul De Cock was named as President of the Company's Flooring Rest of World segment, effective February 5, 2026, on an interim basis until a permanent successor is found. Mr. De Cock will also continue to serve in his current role as the Company's Chief Operating Officer. Mr. De Cock, age 52, was appointed as the Company's Chief Operating Officer on February 1, 2025. Mr. De Cock had previously served as President of the Company's Flooring North America segment since November 2018. Prior to his promotion to President Flooring North America, Mr. De Cock served as President Flooring in the Company's Flooring Rest of World segment from 2008 to 2018 and as President Unilin North America from 2006 to 2008. He served in various leadership roles within Unilin Group from 1997 until 2005, when the Company acquired Unilin Group. Annonce • Jan 16
Mohawk Industries, Inc. to Report Q4, 2025 Results on Feb 12, 2026 Mohawk Industries, Inc. announced that they will report Q4, 2025 results on Feb 12, 2026 Recent Insider Transactions • Dec 19
Chairman & CEO recently sold US$902k worth of stock On the 17th of December, Jeffrey Lorberbaum sold around 8k shares on-market at roughly US$110 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jeffrey has been a net seller over the last 12 months, reducing personal holdings by US$6.1m. Annonce • Nov 06
Mohawk Industries, Inc. Announces Chief Financial Officer Changes Mohawk Industries, Inc. announced that James F. Brunk, the Company’s Chief Financial Officer, plans to retire, effective April 1, 2026 will continue in a senior advisory role after April 1, 2026 to ensure a smooth transition. Mr. Brunk joined the Company in 2006, serving in finance leadership positions in the Company’s Flooring North America segment, before being named Corporate Controller and Chief Accounting Officer in May 2009 and Chief Financial Officer in April 2021. As part of a coordinated transition, Nicholas P. Manthey, age 44, Vice President of Corporate Finance and Investor Relations, will succeed Mr. Brunk as Mohawk’s next chief financial officer. Mr. Brunk has worked closely with Mr. Manthey to ensure a smooth transition, and Mr. Brunk will support Mohawk in a senior advisory role following his retirement. Mr. Manthey joined Mohawk’s Flooring North America segment in 2020 as the segment’s chief financial officer and has since worked as Mohawk’s Vice President of Corporate Finance and Investor Relations. Prior to joining Mohawk, Mr. Manthey broadened his finance and leadership skills at Bridgestone and Intel, advancing in analytical and strategic operational positions, including leadership roles in both the U.S. and Latin America. Annonce • Oct 27
Mohawk Industries, Inc. Provides Earnings Guidance for the Fourth Quarter of 2025 Mohawk Industries, Inc. provided earnings guidance for the fourth quarter of 2025. For the quarter, the company expects EPS to be between $1.90 and $2 with 1 additional shipping day and excluding any restructuring or other onetime charges. Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: US$1.76 (vs US$2.57 in 3Q 2024) Third quarter 2025 results: EPS: US$1.76 (down from US$2.57 in 3Q 2024). Revenue: US$2.76b (up 1.4% from 3Q 2024). Net income: US$108.8m (down 33% from 3Q 2024). Profit margin: 3.9% (down from 6.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Annonce • Oct 02
Mohawk Industries, Inc. to Report Q3, 2025 Results on Oct 23, 2025 Mohawk Industries, Inc. announced that they will report Q3, 2025 results on Oct 23, 2025 Recent Insider Transactions • Aug 21
Director recently sold US$1.3m worth of stock On the 19th of August, Bernard Thiers sold around 10k shares on-market at roughly US$128 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.9m. Insiders have been net sellers, collectively disposing of US$8.7m more than they bought in the last 12 months. Recent Insider Transactions • Jul 31
Chairman & CEO recently sold US$1.9m worth of stock On the 28th of July, Jeffrey Lorberbaum sold around 16k shares on-market at roughly US$121 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jeffrey has been a net seller over the last 12 months, reducing personal holdings by US$6.5m. Reported Earnings • Jul 27
Second quarter 2025 earnings released: EPS: US$2.35 (vs US$2.48 in 2Q 2024) Second quarter 2025 results: EPS: US$2.35 (down from US$2.48 in 2Q 2024). Revenue: US$2.80b (flat on 2Q 2024). Net income: US$146.5m (down 6.9% from 2Q 2024). Profit margin: 5.2% (down from 5.6% in 2Q 2024). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Annonce • Jun 27
Mohawk Industries, Inc. to Report Q2, 2025 Results on Jul 24, 2025 Mohawk Industries, Inc. announced that they will report Q2, 2025 results on Jul 24, 2025 Reported Earnings • May 02
First quarter 2025 earnings released: EPS: US$1.16 (vs US$1.65 in 1Q 2024) First quarter 2025 results: EPS: US$1.16 (down from US$1.65 in 1Q 2024). Revenue: US$2.53b (down 5.7% from 1Q 2024). Net income: US$72.6m (down 31% from 1Q 2024). Profit margin: 2.9% (down from 3.9% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Annonce • Apr 08
Mohawk Industries, Inc., Annual General Meeting, May 22, 2025 Mohawk Industries, Inc., Annual General Meeting, May 22, 2025. Location: mohawk industries headquarters, 160 south industrial boulevard, United States Annonce • Apr 05
Mohawk Industries, Inc. to Report Q1, 2025 Results on May 01, 2025 Mohawk Industries, Inc. announced that they will report Q1, 2025 results on May 01, 2025 Recent Insider Transactions • Mar 16
President of Global Ceramic Segment recently sold US$529k worth of stock On the 10th of March, Mauro Vandini sold around 5k shares on-market at roughly US$117 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$7.0m more than they bought in the last 12 months. Board Change • Mar 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. Director Bernard Thiers was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Mar 01
Mohawk Industries, Inc. Announces Executive Changes On February 25, 2025, William W. Harkins informed Mohawk Industries, Inc. that he will be resigning to pursue another opportunity, effective March 14, 2025. In addition to his duties as Chief Financial Officer, James F. Brunk (age 59) will serve as Chief Accounting Officer and Corporate Controller of the Company on an interim basis, effective March 14, 2025, while the Company conducts a search for a permanent replacement. Mr. Brunk joined the Company in October 2006 as Chief Financial Officer of the Company’s Mohawk Home business. Mr. Brunk then served as Chief Accounting Officer and Corporate Controller of the Company from May 2009 until his appointment as the Company’s Chief Financial Officer in April 2021. Annonce • Feb 07
Mohawk Industries, Inc. Reports Impairment Charges for the Fourth Quarter Ended December 31, 2024 Mohawk Industries, Inc. reported impairment charges for the fourth quarter ended December 31, 2024. For the quarter, the company reported impairment of goodwill and indefinite-lived intangibles of $8.2 million compared to $1.6 million a year ago. Reported Earnings • Feb 07
Full year 2024 earnings released: EPS: US$8.18 (vs US$6.90 loss in FY 2023) Full year 2024 results: EPS: US$8.18 (up from US$6.90 loss in FY 2023). Revenue: US$10.8b (down 2.7% from FY 2023). Net income: US$517.7m (up US$957.2m from FY 2023). Profit margin: 4.8% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Annonce • Jan 07
Mohawk Industries, Inc. to Report Q4, 2024 Results on Feb 06, 2025 Mohawk Industries, Inc. announced that they will report Q4, 2024 results on Feb 06, 2025 Recent Insider Transactions • Dec 15
Chairman & CEO recently sold US$1.2m worth of stock On the 10th of December, Jeffrey Lorberbaum sold around 9k shares on-market at roughly US$131 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jeffrey has been a net seller over the last 12 months, reducing personal holdings by US$4.5m. Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: US$2.57 (vs US$11.94 loss in 3Q 2023) Third quarter 2024 results: EPS: US$2.57 (up from US$11.94 loss in 3Q 2023). Revenue: US$2.72b (down 1.7% from 3Q 2023). Net income: US$162.0m (up US$922.5m from 3Q 2023). Profit margin: 6.0% (up from net loss in 3Q 2023). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Annonce • Oct 11
Mohawk Industries, Inc. to Report Q3, 2024 Results on Oct 24, 2024 Mohawk Industries, Inc. announced that they will report Q3, 2024 results on Oct 24, 2024 Annonce • Sep 06
Mohawk Industries, Inc. Announces President Changes at Global Ceramic Segment, Effective September 15, 2024 On September 5, 2024, Mohawk Industries, Inc. announced that Mauro Vandini will succeed Christopher Wellborn as President of the Company’s Global Ceramic segment effective September 15, 2024. Following Mohawk’s acquisition of Marazzi, Mr. Vandini became head of the organization’s European ceramic business. Mr. Wellborn will continue his responsibilities as the Company’s President and Chief Operating Officer, and will assist Mr. Vandini in his transition to the Global Ceramic segment leadership role. Vandini’s career began with Marazzi Group in 1983, and he subsequently worked as Marazzi’s technical director and Vice President of International Operations before serving as CEO of Marazzi Group. Following Mohawk’s acquisition of Marazzi, Vandini became the head of the European ceramic business. Under Vandini’s direction, European ceramic operations were modernized, complementary businesses in Italy, Bulgaria and Poland were acquired and a successful entry into the rapidly growing porcelain slab market was completed. Recent Insider Transactions • Aug 01
Chairman & CEO recently sold US$2.3m worth of stock On the 30th of July, Jeffrey Lorberbaum sold around 14k shares on-market at roughly US$162 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jeffrey has been a net seller over the last 12 months, reducing personal holdings by US$6.6m. Reported Earnings • Jul 26
Second quarter 2024 earnings released: EPS: US$2.48 (vs US$1.59 in 2Q 2023) Second quarter 2024 results: EPS: US$2.48 (up from US$1.59 in 2Q 2023). Revenue: US$2.80b (down 5.1% from 2Q 2023). Net income: US$157.4m (up 56% from 2Q 2023). Profit margin: 5.6% (up from 3.4% in 2Q 2023). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Annonce • Jun 29
Mohawk Industries, Inc. to Report Q2, 2024 Results on Jul 25, 2024 Mohawk Industries, Inc. announced that they will report Q2, 2024 results on Jul 25, 2024 Recent Insider Transactions • Jun 23
Chairman & CEO recently sold US$201k worth of stock On the 14th of June, Jeffrey Lorberbaum sold around 2k shares on-market at roughly US$112 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$284k. Jeffrey has been a net seller over the last 12 months, reducing personal holdings by US$4.3m. Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: US$1.65 (vs US$1.26 in 1Q 2023) First quarter 2024 results: EPS: US$1.65 (up from US$1.26 in 1Q 2023). Revenue: US$2.68b (down 4.5% from 1Q 2023). Net income: US$105.0m (up 31% from 1Q 2023). Profit margin: 3.9% (up from 2.9% in 1Q 2023). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Annonce • Mar 20
Mohawk Industries, Inc. Announces Proposed Settlement Simpluris Inc. announces that a proposed settlement has been reached in a class action lawsuit known as Evans v. Mohawk Industries, Inc., Case No. N20C-01-259 KMM, and the Court in charge of the case is the Superior Court for the State of Delaware. This is a class action on behalf of all those who purchased or acquired Mohawk common stock in the Mohawk Industries Retirement Plan 1 and/or the Mohawk Industries Retirement Plan 2 (collectively ‘the Plan’) between April 27, 2017, and July 25, 2019, (the ‘Class Period’). Mohawk stock is traded on the New York Stock Exchange as MHK. The proposed Settlement calls for Mohawk to create a Settlement Fund of $1,000,000.00 to compensate Class Members. A portion of the Settlement Fund will be used to pay Plaintiff's attorneys' fees, the costs and expenses of the litigation, a case contribution award for the named Plaintiff, taxes, and the costs of administering this settlement. The money remaining in the Fund after these deductions have been made is called the Net Settlement Fund. The Net Settlement Fund will be distributed to Class Members who are entitled to a share of the Fund. The Court must approve the Settlement. The investor’s share of the Net Settlement Fund depends on: (i) the date(s) the investor purchased or acquired Mohawk stock and the date(s) the investor sold Mohawk stock in the Plan; (ii) the price(s) of the investor’s Mohawk stock purchased or sold in the Plan during the Class Period; (iii) and the total amount of the costs described above. Mohawk stock is traded on the New York Stock Exchange as MHK. Recent Insider Transactions • Mar 01
Chief Financial Officer recently sold US$471k worth of stock On the 28th of February, James Brunk sold around 4k shares on-market at roughly US$117 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$905k. This was James' only on-market trade for the last 12 months. Annonce • Feb 26
Mohawk Industries, Inc. announced that it has received $4.05 million in funding Ondas Holdings Inc. announced that it has entered into a Securities Purchase Agreement with certain purchasers for the purchase and sale of an aggregate of 3,616,071 shares at an issue price of 1.12 per share for the gross proceeds of $4,049,999.52, warrants to purchase an aggregate of 3,616,071 shares at an exercise price described in the OAH Warrant and exercisable commencing ninety days following the date of issuance through the fifth anniversary of the date of issuance on February 26, 2024. The issuance of the OAH Warrants were exempt from registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Section 4(2) of such Securities Act and Regulation D promulgated thereunder based upon the representations of each of the Ondas Purchasers and Networks Purchasers that it was an “accredited investor” (as defined under Rule 501 of Regulation D) and that it was purchasing such securities without a present view toward a distribution of the securities. Reported Earnings • Feb 26
Full year 2023 earnings released: US$6.90 loss per share (vs US$0.40 profit in FY 2022) Full year 2023 results: US$6.90 loss per share (down from US$0.40 profit in FY 2022). Revenue: US$11.1b (down 5.1% from FY 2022). Net loss: US$439.5m (down US$464.8m from profit in FY 2022). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Annonce • Feb 17
Mohawk Industries, Inc. Appoints Bernard P. Thiers as Director On February 15, 2024, the Board of Directors of Mohawk Industries, Inc. appointed Bernard P. Thiers to the Board to serve as a director in Class I for the Company. Mr. Thiers will serve with the other Class I directors for a term scheduled to expire at the Company’s Annual Meeting in 2026. He will not initially serve on any committees of the Board. As previously announced, effective February 1, 2024, Mr. Thiers retired from his role as President of the Company’s Flooring Rest of World business segment, a role he had held since January 2009 following the Company’s acquisition of Unilin Flooring (“Unilin”). Mr. Thiers joined Unilin in 1984 as a plant manager and served in roles of increasing management significance since that time. From 1996 to 2006, he served as Managing Director of Unilin and, from 2006 until his 2009 promotion, he served as President — Unilin. Mr. Thiers has served in a senior advisory role following his February 1, 2024 retirement to further ensure a successful transition of the business and its strategies. In connection with Mr. Thiers’ senior advisory role, the Compensation Committee of the Board of Directors of the Company has approved an annualized base salary of approximately $152,000, effective March 1, 2024. In addition, Mr. Thiers will remain eligible for the annual incentive awards and long-term incentive opportunities under the Company’s 2017 Incentive Plan. Mr. Thiers will not participate in the Company’s Non-Employee Director Compensation Plan. Annonce • Feb 09
Mohawk Industries, Inc. Reports Impairment Charges for the Fourth Quarter Ended December 31, 2023 Mohawk Industries, Inc. reported impairment charges for the fourth quarter ended December 31, 2023. For the period, the company reported impairment of goodwill and indefinite-lived intangibles of USD 1,636,000. Reported Earnings • Feb 09
Full year 2023 earnings released: US$6.90 loss per share (vs US$0.40 profit in FY 2022) Full year 2023 results: US$6.90 loss per share (down from US$0.40 profit in FY 2022). Revenue: US$11.1b (down 5.1% from FY 2022). Net loss: US$439.5m (down US$464.8m from profit in FY 2022). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Annonce • Jan 09
Mohawk Industries, Inc. to Report Q4, 2023 Results on Feb 08, 2024 Mohawk Industries, Inc. announced that they will report Q4, 2023 results on Feb 08, 2024 Recent Insider Transactions • Dec 18
Chairman & CEO recently sold US$905k worth of stock On the 14th of December, Jeffrey Lorberbaum sold around 9k shares on-market at roughly US$101 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$2.2m. Jeffrey has been a net seller over the last 12 months, reducing personal holdings by US$5.5m. Recent Insider Transactions • Nov 18
Chairman & CEO recently sold US$2.2m worth of stock On the 14th of November, Jeffrey Lorberbaum sold around 25k shares on-market at roughly US$86.34 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jeffrey has been a net seller over the last 12 months, reducing personal holdings by US$5.6m. Reported Earnings • Oct 27
Third quarter 2023 earnings released: US$11.94 loss per share (vs US$8.40 loss in 3Q 2022) Third quarter 2023 results: US$11.94 loss per share (further deteriorated from US$8.40 loss in 3Q 2022). Revenue: US$2.77b (down 5.2% from 3Q 2022). Net loss: US$760.5m (loss widened 42% from 3Q 2022). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Annonce • Oct 07
Mohawk Industries, Inc. to Report Q3, 2023 Results on Oct 26, 2023 Mohawk Industries, Inc. announced that they will report Q3, 2023 results on Oct 26, 2023 Annonce • Sep 18
Mohawk Industries, Inc.(NYSE:MHK) dropped from FTSE All-World Index (USD) Mohawk Industries, Inc.(NYSE:MHK) dropped from FTSE All-World Index (USD) Recent Insider Transactions • Aug 16
Chairman & CEO recently sold US$1.0m worth of stock On the 14th of August, Jeffrey Lorberbaum sold around 10k shares on-market at roughly US$101 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jeffrey has been a net seller over the last 12 months, reducing personal holdings by US$4.1m. Buying Opportunity • Jul 28
Now 23% undervalued Over the last 90 days, the stock is up 3.2%. The fair value is estimated to be US$143, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: US$1.59 (vs US$4.41 in 2Q 2022) Second quarter 2023 results: EPS: US$1.59 (down from US$4.41 in 2Q 2022). Revenue: US$2.95b (down 6.4% from 2Q 2022). Net income: US$101.2m (down 64% from 2Q 2022). Profit margin: 3.4% (down from 8.9% in 2Q 2022). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Annonce • Jul 07
Mohawk Industries, Inc. to Report Q2, 2023 Results on Jul 27, 2023 Mohawk Industries, Inc. announced that they will report Q2, 2023 results on Jul 27, 2023 Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: US$1.26 (vs US$3.79 in 1Q 2022) First quarter 2023 results: EPS: US$1.26 (down from US$3.79 in 1Q 2022). Revenue: US$2.81b (down 6.9% from 1Q 2022). Net income: US$80.2m (down 67% from 1Q 2022). Profit margin: 2.9% (down from 8.1% in 1Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 1.6% decline forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Recent Insider Transactions • Mar 06
Chairman & CEO recently sold US$439k worth of stock On the 27th of February, Jeffrey Lorberbaum sold around 4k shares on-market at roughly US$103 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$1.0m. Jeffrey has been a net seller over the last 12 months, reducing personal holdings by US$3.1m. Board Change • Mar 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Independent Director Jerry Burris was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Feb 20
Chairman & CEO recently sold US$622k worth of stock On the 13th of February, Jeffrey Lorberbaum sold around 5k shares on-market at roughly US$120 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth US$1.0m. Jeffrey has been a net seller over the last 12 months, reducing personal holdings by US$2.4m. Buying Opportunity • Feb 13
Now 20% undervalued Over the last 90 days, the stock is up 9.9%. The fair value is estimated to be US$147, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has declined by 3.8%. For the next 3 years, revenue is forecast to decline by 0.03% per annum. Earnings is forecast to grow by 26% per annum over the same time period. Reported Earnings • Feb 11
Full year 2022 earnings released: EPS: US$0.40 (vs US$15.01 in FY 2021) Full year 2022 results: EPS: US$0.40 (down from US$15.01 in FY 2021). Revenue: US$11.7b (up 4.8% from FY 2021). Net income: US$25.2m (down 98% from FY 2021). Profit margin: 0.2% (down from 9.2% in FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 1.3% decline forecast for the Consumer Durables industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 3% per year. Annonce • Jan 18
Mohawk Industries, Inc. Provides Litigation Update Mohawk Industries, Inc. announced that it has entered into an agreement with plaintiffs to resolve the previously disclosed securities class action lawsuit. Mohawk and certain of its executive officers were named as defendants in this lawsuit initially filed on January 3, 2020, in the United States District Court for the Northern District of Georgia (the "Securities Class Action"). Mohawk believes that this Securities Class Action is without merit and that it has substantive defenses to the claims of liability and damages; however, Mohawk has concluded that further litigation would be protracted, burdensome and expensive. In exchange for dismissal and a full release of claims against the defendants, the parties reached an agreement to settle the Securities Class Action for $60 million, of which a significant portion is covered by insurance. The settlement of the Securities Class Action is expected to be submitted for preliminary approval by the court. The settlement of this case is subject to the usual and customary final documentation, public notice, and court approval. Annonce • Jan 06
Mohawk Industries, Inc. to Report Q4, 2022 Results on Feb 09, 2023 Mohawk Industries, Inc. announced that they will report Q4, 2022 results on Feb 09, 2023 Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 16% share price gain to US$113, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 7x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$205 per share. Recent Insider Transactions • Dec 16
Chairman & CEO recently sold US$1.0m worth of stock On the 12th of December, Jeffrey Lorberbaum sold around 10k shares on-market at roughly US$103 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Jeffrey has been a net seller over the last 12 months, reducing personal holdings by US$1.7m. Reported Earnings • Oct 28
Third quarter 2022 earnings released: US$8.40 loss per share (vs US$3.95 profit in 3Q 2021) Third quarter 2022 results: US$8.40 loss per share (down from US$3.95 profit in 3Q 2021). Revenue: US$2.92b (up 3.6% from 3Q 2021). Net loss: US$534.0m (down 297% from profit in 3Q 2021). Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in the United Kingdom are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Aug 14
Insider recently sold US$1.0m worth of stock On the 12th of August, Bernard Thiers sold around 8k shares on-market at roughly US$126 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought US$274k more than they sold in the last 12 months. Reported Earnings • Jul 30
Second quarter 2022 earnings released: EPS: US$4.41 (vs US$4.84 in 2Q 2021) Second quarter 2022 results: EPS: US$4.41 (down from US$4.84 in 2Q 2021). Revenue: US$3.15b (up 6.7% from 2Q 2021). Net income: US$280.4m (down 17% from 2Q 2021). Profit margin: 8.9% (down from 11% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 4.1%, compared to a 12% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorated over the past week After last week's 17% share price decline to US$116, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Consumer Durables industry in the United Kingdom. Total loss to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improved over the past week After last week's 22% share price gain to US$153, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 8x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders of 16% over the past three years. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: US$3.79 (vs US$3.37 in 1Q 2021) First quarter 2022 results: EPS: US$3.79 (up from US$3.37 in 1Q 2021). Revenue: US$3.02b (up 13% from 1Q 2021). Net income: US$245.3m (up 3.6% from 1Q 2021). Profit margin: 8.1% (down from 8.9% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.2%, compared to a 10% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Feb 26
President recently bought US$1.4m worth of stock On the 24th of February, William Wellborn bought around 10k shares on-market at roughly US$136 per share. This was the largest purchase by an insider in the last 3 months. This was William's only on-market trade for the last 12 months. Recent Insider Transactions • Feb 17
VP of Business Strategy recently sold US$73k worth of stock On the 14th of February, Rodney Patton sold around 506 shares on-market at roughly US$145 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$4.3m more than they bought in the last 12 months. Reported Earnings • Feb 11
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$15.01 (up from US$7.24 in FY 2020). Revenue: US$11.2b (up 17% from FY 2020). Net income: US$1.03b (up 100% from FY 2020). Profit margin: 9.2% (up from 5.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 5.3%, compared to a 7.1% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Oct 29
Third quarter 2021 earnings released: EPS US$3.95 (vs US$2.88 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$2.82b (up 9.4% from 3Q 2020). Net income: US$271.0m (up 32% from 3Q 2020). Profit margin: 9.6% (up from 8.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year. Recent Insider Transactions • Aug 05
Chief Financial Officer recently sold US$185k worth of stock On the 3rd of August, James Brunk sold around 950 shares on-market at roughly US$195 per share. This was the largest sale by an insider in the last 3 months. James has been a seller over the last 12 months, reducing personal holdings by US$451k. Reported Earnings • Aug 03
Second quarter 2021 earnings released: EPS US$4.84 (vs US$0.68 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$2.95b (up 44% from 2Q 2020). Net income: US$336.3m (up US$384.5m from 2Q 2020). Profit margin: 11% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Board Change • Aug 03
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Independent Director John Engquist was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Executive Departure • May 27
Independent Director has left the company On the 20th of May, Filiep Balcaen's tenure as Independent Director ended after 5.3 years in the role. As of March 2021, Filiep personally held 1.12m shares (US$219m worth at the time). A total of 2 executives have left over the last 12 months. Recent Insider Transactions • May 05
VP of Business Strategy recently sold US$111k worth of stock On the 3rd of May, Rodney Patton sold around 506 shares on-market at roughly US$220 per share. In the last 3 months, there was an even bigger sale from another insider worth US$928k. Insiders have been net sellers, collectively disposing of US$7.7m more than they bought in the last 12 months. Reported Earnings • May 01
First quarter 2021 earnings released: EPS US$3.37 (vs US$1.55 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$2.67b (up 17% from 1Q 2020). Net income: US$236.8m (up 114% from 1Q 2020). Profit margin: 8.9% (up from 4.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Executive Departure • Apr 08
Chief Financial Officer has left the company On the 1st of April, Frank Boykin's tenure as Chief Financial Officer ended after less than a year in the role. As of December 2020, Frank personally held 18.11k shares (US$2.5m worth at the time). A total of 3 executives have left over the last 12 months. Recent Insider Transactions • Mar 09
Insider recently sold US$928k worth of stock On the 5th of March, Bernard Thiers sold around 5k shares on-market at roughly US$186 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$2.4m more than they bought in the last 12 months. Recent Insider Transactions • Feb 20
Chief Financial Officer recently sold US$702k worth of stock On the 18th of February, Frank Boykin sold around 4k shares on-market at roughly US$166 per share. This was the largest sale by an insider in the last 3 months. This was Frank's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment improved over the past week After last week's 16% share price gain to US$172, the stock is trading at a trailing P/E ratio of 23.6x, up from the previous P/E ratio of 20.4x. This compares to an average P/E of 19x in the Consumer Durables industry in the United Kingdom. Total return to shareholders over the past three years is a loss of 30%. Reported Earnings • Feb 12
Full year 2020 earnings released: EPS US$7.24 (vs US$10.34 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$9.55b (down 4.2% from FY 2019). Net income: US$515.6m (down 31% from FY 2019). Profit margin: 5.4% (down from 7.5% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 12
Revenue beats expectations Revenue exceeded analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 6.8%, compared to a 18% growth forecast for the Consumer Durables industry in the United Kingdom. Recent Insider Transactions • Nov 26
Senior VP recently sold US$266k worth of stock On the 23rd of November, James Brunk sold around 2k shares on-market at roughly US$130 per share. In the last 3 months, there was an even bigger sale from another insider worth US$1.4m. Insiders have been net sellers, collectively disposing of US$683k more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Nov 20
Market bids up stock over the past week After last week's 73% share price gain to US$216, the stock is trading at a trailing P/E ratio of 17x, up from the previous P/E ratio of 9.8x. This compares to an average P/E of 17x in the Consumer Durables industry in the United Kingdom. Total returns to shareholders over the past year are 54%. Recent Insider Transactions • Nov 14
Chairman & CEO recently sold US$1.4m worth of stock On the 10th of November, Jeffrey Lorberbaum sold around 11k shares on-market at roughly US$125 per share. This was the largest sale by an insider in the last 3 months. Jeffrey has been a seller over the last 12 months, reducing personal holdings by US$3.7m. Valuation Update With 7 Day Price Move • Nov 11
Market bids up stock over the past week After last week's 18% share price gain to US$125, the stock is trading at a trailing P/E ratio of 16.4x, up from the previous P/E ratio of 13.9x. This compares to an average P/E of 17x in the Consumer Durables industry in the United Kingdom. Total return to shareholders over the past year is a loss of 16%. Recent Insider Transactions • Nov 07
VP of Business Strategy recently sold US$115k worth of stock On the 3rd of November, Rodney Patton sold around 1k shares on-market at roughly US$115 per share. In the last 3 months, there was an even bigger sale from another insider worth US$136k. Despite this recent sale, insiders have collectively bought US$2.0m more than they sold in the last 12 months. 
