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Mohawk Industries, Inc.

mohawkind.com

What Do They Do?

Sells ceramic tile, carpet and other flooring to flooring retailers and home centers, builders and contractors, and commercial end users.

How Do They Make Money?

Customers buy flooring products when they ship or pick them up from Mohawk facilities, then typically pay within 90 days of the invoice.

revenue

Segment	Share	How money arrives
Ceramic & Stone Sold outright	39% FY2022: 37%	Sold outright
Carpet & Resilient Sold outright	35% FY2022: 36%	Sold outright
Laminate & Wood Sold outright	16% FY2022: 17%	Sold outright
Other Sold outright	10% FY2022: 10%	Sold outright

Who Are Their Customers?

Mohawk sells through home centers, flooring and tile retailers, and independent or company-operated distributors; it also serves builders, contractors and commercial end users. Products move through service centers, warehouses, company trucks, common carriers, rail and direct shipping.

Do Revenues Turn Into Profits?

Yes. It kept 3 cents of every revenue dollar as net income in FY2025 and turned 6 cents into free cash flow.

Operating income, FY2025

5% of revenue

▼ −29% vs FY2024 ($693.5M, 6%)

Net income, FY2025

3% of revenue

▼ −28% vs FY2024 ($514.7M, 5%)

Free cash flow, FY2025

6% of revenue

▼ −9% vs FY2024 ($679.5M, 6%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jul 4, 2026

Revenue: ▲ +7%; vs $2.8B in Q2 FY2025
Net income: ▲ +34%; vs $146.5M in Q2 FY2025

Ceramic & Stone share of revenue vs 39.3% in Q2 FY2025

Jul 30, 2026 Mohawk sets a third-quarter adjusted EPS outlook It expects adjusted EPS of $2.50 to $2.60, including approximately $0.12 from tariff refunds and excluding restructuring or other one-time charges.
Jun 11, 2026 Paul De Cock appointed CEO; Jeffrey Lorberbaum to retire as CEO De Cock is due to take over on September 30, 2026; Lorberbaum will remain chairman of the board.

Flat. Revenue was $10.8B in FY2025, about the same as the $11.2B of FY2021.

Hybrid flooring The latest Flooring North America product list includes hybrid flooring, which is not in the older list of the segment's products.

Revenue over time

Ceramic & Stone Carpet & Resilient Laminate & Wood Other

$20B$10B$0

FY2021 FY2022 FY2023 FY2024 FY2025