Mohawk Industries, Inc.

DB:MWK Stock Report

Market Cap: €7.2b

Mohawk Industries Management

Management criteria checks 3/4

Mohawk Industries' CEO is Jeff Lorberbaum, appointed in Jan 2001, has a tenure of 23.92 years. total yearly compensation is $4.43M, comprised of 31.3% salary and 68.7% bonuses, including company stock and options. directly owns 15.04% of the company’s shares, worth €1.09B. The average tenure of the management team and the board of directors is 3 years and 13.6 years respectively.

Key information

Jeff Lorberbaum

Chief executive officer

US$4.4m

Total compensation

CEO salary percentage31.3%
CEO tenure23.9yrs
CEO ownership15.0%
Management average tenure3yrs
Board average tenure13.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jeff Lorberbaum's remuneration changed compared to Mohawk Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 28 2024n/an/a

US$564m

Jun 29 2024n/an/a

-US$359m

Mar 30 2024n/an/a

-US$415m

Dec 31 2023US$4mUS$1m

-US$440m

Sep 30 2023n/an/a

-US$546m

Jul 01 2023n/an/a

-US$319m

Apr 01 2023n/an/a

-US$140m

Dec 31 2022US$4mUS$1m

US$25m

Oct 01 2022n/an/a

US$181m

Jul 02 2022n/an/a

US$986m

Apr 02 2022n/an/a

US$1b

Dec 31 2021US$5mUS$1m

US$1b

Oct 02 2021n/an/a

US$1b

Jul 03 2021n/an/a

US$1b

Apr 03 2021n/an/a

US$642m

Dec 31 2020US$4mUS$1m

US$516m

Sep 26 2020n/an/a

US$532m

Jun 27 2020n/an/a

US$482m

Mar 28 2020n/an/a

US$733m

Dec 31 2019US$3mUS$1m

US$744m

Sep 28 2019n/an/a

US$706m

Jun 29 2019n/an/a

US$777m

Mar 30 2019n/an/a

US$771m

Dec 31 2018US$5mUS$1m

US$858m

Sep 29 2018n/an/a

US$872m

Jun 30 2018n/an/a

US$915m

Mar 31 2018n/an/a

US$979m

Dec 31 2017US$5mUS$1m

US$972m

Compensation vs Market: Jeff's total compensation ($USD4.43M) is above average for companies of similar size in the German market ($USD3.34M).

Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.

CEO

Jeff Lorberbaum (69 yo)

23.9yrs

Tenure

US$4,428,417

Compensation

Mr. Jeffrey S. Lorberbaum, also known as Jeff, has been the Chief Executive Officer of Mohawk Industries, Inc. since January 1, 2001. Mr. Lorberbaum is a co-owner of Helm Management Corporation and Cuddy H...

Leadership Team

NamePositionTenureCompensationOwnership
Jeffrey Lorberbaum
Chairman & CEO23.9yrsUS$4.43m15.04%
€ 1.1b
William Wellborn
President19.1yrsUS$6.69m0.25%
€ 18.2m
James Brunk
Chief Financial Officer3.7yrsUS$1.87m0.0042%
€ 304.3k
Paul De Cock
President of Flooring North America Segment6.1yrsUS$2.00m0.087%
€ 6.3m
William Harkins
Chief Accounting Officer & Corporate Controller2.3yrsno data0.00044%
€ 31.8k
Claudio Coni
Chief Information Officer1.4yrsno data0.0018%
€ 128.6k
Shailesh Bettadapur
VP of Investor Relations & Treasurer14.7yrsno datano data
Rodney Patton
VP of Business Strategy11.4yrsno data0.019%
€ 1.4m
Clifford Suing
CFO of Global Ceramic Segment2.3yrsno datano data
Malisa Maynard
Chief Sustainability Officer1.6yrsno data0.00078%
€ 56.4k
Wim Messiaen
President of Flooring Rest of the Worldless than a yearno data0.013%
€ 915.7k
Mauro Vandini
President of Global Ceramic segmentless than a yearno data0.051%
€ 3.7m

3.0yrs

Average Tenure

56yo

Average Age

Experienced Management: MWK's management team is considered experienced (3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jeffrey Lorberbaum
Chairman & CEO30.8yrsUS$4.43m15.04%
€ 1.1b
William Wellborn
President22.8yrsUS$6.69m0.25%
€ 18.2m
Bruce Bruckmann
Independent Director32.2yrsUS$277.17k0.46%
€ 33.2m
William Runge
Independent Director10.4yrsUS$297.17k0.015%
€ 1.1m
John Engquist
Lead Independent Director4.8yrsUS$277.17k0.0075%
€ 538.4k
Joseph Onorato
Independent Director16.8yrsUS$302.17k0.035%
€ 2.5m
Jerry Burris
Independent Director2.8yrsUS$277.17k0.00088%
€ 63.6k
Karen Smith Bogart
Independent Director13.6yrsUS$292.17k0.021%
€ 1.5m
Bernard Thiers
Directorless than a yearUS$2.01m0.32%
€ 23.0m

13.6yrs

Average Tenure

69yo

Average Age

Experienced Board: MWK's board of directors are seasoned and experienced ( 13.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 12:20
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/28
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mohawk Industries, Inc. is covered by 37 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Timothy WojsBaird
Ishan MajumdarBaptista Research
Stephen KimBarclays