Mohawk Industries Balance Sheet Health
Financial Health criteria checks 6/6
Mohawk Industries has a total shareholder equity of $8.4B and total debt of $1.9B, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are $13.7B and $5.3B respectively. Mohawk Industries's EBIT is $713.9M making its interest coverage ratio 40.1. It has cash and short-term investments of $856.1M.
Key information
23.25%
Debt to equity ratio
US$1.95b
Debt
| Interest coverage ratio | 40.1x |
| Cash | US$856.10m |
| Equity | US$8.38b |
| Total liabilities | US$5.31b |
| Total assets | US$13.69b |
Recent financial health updates
Does Mohawk Industries (NYSE:MHK) Have A Healthy Balance Sheet?
Feb 08
Is Mohawk Industries (NYSE:MHK) A Risky Investment?
Jul 02Recent updates
Cost Pressures And Remodeling Uncertainty Will Shape Future Benefits From Cost Savings Investments
Catalysts About Mohawk Industries Mohawk Industries is a global flooring manufacturer with operations across ceramic, carpet, laminate, vinyl, panels and insulation categories. What are the underlying business or industry changes driving this perspective?Mohawk Industries: No Reason For Major Optimism Yet
Feb 17Does Mohawk Industries (NYSE:MHK) Have A Healthy Balance Sheet?
Feb 08Mohawk Industries, Inc. (NYSE:MHK) Shares Could Be 23% Below Their Intrinsic Value Estimate
Jan 25Mohawk Industries' (NYSE:MHK) Soft Earnings Are Actually Better Than They Appear
Nov 06Returns Are Gaining Momentum At Mohawk Industries (NYSE:MHK)
Oct 15When Should You Buy Mohawk Industries, Inc. (NYSE:MHK)?
Sep 27Is Mohawk Industries (NYSE:MHK) A Risky Investment?
Jul 02Is It Too Late To Consider Buying Mohawk Industries, Inc. (NYSE:MHK)?
Jun 11Mohawk Industries: Cheap, But Not Cheap Enough Today
Apr 28Returns At Mohawk Industries (NYSE:MHK) Appear To Be Weighed Down
Apr 25
New Premium Product Launches And Cost Reductions Will Strengthen Future Prospects
Innovative product launches and marketing initiatives aim to stimulate sales and improve revenue as market conditions rebound.Mohawk Industries: Downgrade To Hold Due To Stubbornly High Mortgage Rates
Feb 13Mohawk Industries: Looking For A Floor
Oct 26Mohawk Industries: Stay Buy Rated Due To Positive Growth And Margin Expansion Outlook
Aug 08Mohawk Industries: Still Comfortable With A 'Hold' Rating As Earnings Near
Jul 23Mohawk Industries: Upgrade To Buy On Clearer View Of Recovery
May 13Mohawk Industries: Housing Market Still Suppressing The Flooring Industry
May 06Mohawk Industries: Staying Neutral For Now Until More Evidence Of Recovery
Feb 17Financial Position Analysis
Short Term Liabilities: MHK's short term assets ($6.0B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: MHK's short term assets ($6.0B) exceed its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: MHK's net debt to equity ratio (13%) is considered satisfactory.
Reducing Debt: MHK's debt to equity ratio has reduced from 31.5% to 23.2% over the past 5 years.
Debt Coverage: MHK's debt is well covered by operating cash flow (54.2%).
Interest Coverage: MHK's interest payments on its debt are well covered by EBIT (40.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/23 21:55 |
| End of Day Share Price | 2026/04/23 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Mohawk Industries, Inc. is covered by 29 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.
| Analyst | Institution |
|---|---|
| Timothy Wojs | Baird |
| Matthew Bouley | Barclays |
| Stephen Kim | Barclays |