Mohawk Industries Balance Sheet Health
Financial Health criteria checks 6/6
Mohawk Industries has a total shareholder equity of $8.3B and total debt of $2.1B, which brings its debt-to-equity ratio to 25.4%. Its total assets and total liabilities are $13.8B and $5.5B respectively. Mohawk Industries's EBIT is $736.5M making its interest coverage ratio 22.6. It has cash and short-term investments of $546.7M.
Key information
25.44%
Debt to equity ratio
US$2.11b
Debt
| Interest coverage ratio | 22.6x |
| Cash | US$546.70m |
| Equity | US$8.30b |
| Total liabilities | US$5.48b |
| Total assets | US$13.78b |
Recent financial health updates
Is Mohawk Industries (NYSE:MHK) A Risky Investment?
Jul 02
Mohawk Industries (NYSE:MHK) Seems To Use Debt Quite Sensibly
Jan 26Does Mohawk Industries (NYSE:MHK) Have A Healthy Balance Sheet?
Oct 19Recent updates
Is 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 25There's Reason For Concern Over Mohawk Industries, Inc.'s (NYSE:MHK) Price
Mar 19We Like The Quality Of Mohawk Industries' (NYSE:MHK) Earnings
Mar 01
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 (NYSE:MHK) Seems To Use Debt Quite Sensibly
Jan 26Is It Time To Consider Buying Mohawk Industries, Inc. (NYSE:MHK)?
Jan 08The Returns At Mohawk Industries (NYSE:MHK) Aren't Growing
Dec 03Risks To Shareholder Returns Are Elevated At These Prices For Mohawk Industries, Inc. (NYSE:MHK)
Nov 13Mohawk Industries: Looking For A Floor
Oct 26Does Mohawk Industries (NYSE:MHK) Have A Healthy Balance Sheet?
Oct 19Mohawk Industries, Inc. (NYSE:MHK) Shares Could Be 50% Below Their Intrinsic Value Estimate
Oct 01Investors Met With Slowing Returns on Capital At Mohawk Industries (NYSE:MHK)
Aug 23Mohawk 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 17Mohawk Industries: Underappreciated Margins Hidden Behind Macro Woes
Jan 05Mohawk Industries: Macro Headwinds Not Going Away Yet
Nov 21Mohawk Industries: Poorly Managed With Serious Headwinds Ahead
Oct 24Mohawk Industries: The 'Floor' Isn't In Yet For Stock Price
Oct 16Mohawk Industries: Remain Hold As Q2 Margin Is Not Improving As Much I Expected
Jul 28Mohawk Industries: Continue To Observe How Margins Improve
Jun 02Financial Position Analysis
Short Term Liabilities: MHK's short term assets ($6.1B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: MHK's short term assets ($6.1B) exceed its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: MHK's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: MHK's debt to equity ratio has reduced from 33.7% to 25.4% over the past 5 years.
Debt Coverage: MHK's debt is well covered by operating cash flow (43.9%).
Interest Coverage: MHK's interest payments on its debt are well covered by EBIT (22.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/28 20:07 |
| End of Day Share Price | 2025/07/28 00:00 |
| Earnings | 2025/06/28 |
| Annual Earnings | 2024/12/31 |
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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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 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.
| Analyst | Institution |
|---|---|
| Timothy Wojs | Baird |
| Stephen Kim | Barclays |
| Matthew Bouley | Barclays |