Is Mohawk Industries Inc. overvalued?

In our latest published analysis dated 2026-10-15, MHK trades close to fair value. The price recorded at analysis is USD 120 versus our fair value of USD 115; the high endpoint is presented separately as potential value of USD 139. That implies roughly 3.9% downside to fair value at that date.

What is MHK's fair value?

Our latest published report, analyzed 2026-10-15, gives MHK a fair value of USD 115 and a potential value of USD 139. The conclusion is triangulated across multiple valuation models and weighted by reliability for Mohawk Industries Inc.'s archetype; it is a dated research output, not a live price.

Should I buy MHK now?

Our latest published rating for MHK, analyzed 2026-10-15, is Hold. Mohawk Industries Inc. trades close to fair value at the analysis-date price of USD 120 versus fair value of USD 115; potential value is USD 139. This is research for educational purposes, not personalized investment advice.

What are the biggest risks for MHK?

The dedicated bear-case section in our report analyzed 2026-10-15 documents Mohawk Industries Inc.'s material risks, evidence, thresholds, and thesis-invalidation conditions. Scenario-specific explanations remain in that section so the report does not repeat or decontextualize them elsewhere.

What is MHK's rating?

Our latest published rating for MHK, analyzed 2026-10-15, is Hold, with a published moat assessment of 6.5/10 (Narrow). It reflects our fair value of USD 115, the potential value of USD 139, and the price recorded at analysis (USD 120).

What archetype is MHK?

In the latest published report analyzed 2026-10-15, Mohawk Industries Inc. is classified as a mature compounder stock. Archetype determines how every downstream parameter — discount rate, terminal growth, deceleration curve, terminal multiple, scenario probability weights, scorecard weights, and which valuation models are prioritized — is calibrated for MHK.

MHK stock analysis | StockMarketAgent.AI

StockMarketAgent researchAnalyzed 2026-10-15

Mohawk Industries Inc.

MHK

Hold

Fairly valued · 3.9% from fair value

Report-date price

$119.97

Recorded 2026-10-14

Fair value

$115.33

Potential value

$138.62

Upper valuation endpoint

Economic moat

Narrow6.5 / 10

§1 Executive summary

30-second answerHold

Price versus value

Price: $119.97
Fair value: $115.33
Potential value: $138.62
As of: 2026-10-14

Main upside reason

A faster-than-anticipated recovery in existing home turnover spurred by declining mortgage rates, unlocking substantial pent-up flooring replacement demand and generating powerful fixed-cost absorption across domestic tile and carpet facilities toward Potential value of $138.62.

Main risk

Severe input price/cost squeeze from cumulative natural gas, petrochemical resin, and transportation inflation outstripping customer price realization.

Mohawk Industries is rated Hold with the share price of $119.97 as of $119.97 (as of 2026-10-14) trading in close alignment with house Fair value of $115.33.

The house rating is Hold, indicating that the shares are fairly valued for ordinary investors at $119.97 as of $119.97 (as of 2026-10-14). While Mohawk exhibits sound balance sheet discipline and operational resilience, prospective returns reflect balanced valuation rather than compelling cyclical mispricing.

The report was prepared at a share price of $119.97 as of $119.97 (as of 2026-10-14), representing an implied return of -3.9% to the house Fair value of $115.33. Potential value of $138.62 reflects the upper boundary of intrinsic earnings power under an accelerated remodeling demand recovery, but the shares currently trade near the house midpoint.

The principal risk to this rating is a severe input cost squeeze where cumulative natural gas, petrochemical resin, and transportation inflation outstrips selling price realization. If customer resistance prevents further price increases, operating margins would compress below FY2025 trough levels of 4.54%, reducing cash generation and forcing a rating downgrade.

§2 Bear case

Under a severe cyclical stress test combining sustained input inflation with stagnant residential remodeling turnover, Mohawk's consolidated operating margin is restricted to 4.5% or lower, failing to recover toward the normalized 7.5% baseline assumption. With European consumer confidence depressed and customer pushback limiting further price hikes, operating cash flow would fall toward $750M-$800M. After accounting for maintenance and guided capital expenditures of $460M, free cash flow conversion would contract significantly from the $616.2M generated in FY2025, constraining share repurchases and balance sheet flexibility.

Bear scenario

Bear

Probability

25%

Return

-24.6%

Path target

$90.47

Prolonged stagnation in existing home sales and discretionary remodeling
Severe input cost squeeze where inflation outpaces selling price realization
Foreign import penetration eroding domestic hard surface market share

In the bear case, prolonged mortgage lock-in and weak existing home turnover suppress residential flooring replacement across North America and Europe. Escalating natural gas and chemical input costs flow through inventory faster than selling price realization can offset, triggering margin compression. Fixed overhead under-absorption and potential rejection of trade tariff remedies further depress domestic hard surface demand.

Ways this thesis can break

Severe input price/cost squeeze from cumulative natural gas, petrochemical resin, and freight inflation outstripping realization.

Management disclosed that underlying inflation stepped up by $35M in Q2 and will see an identical ~$35M step-up in Q3, with costs flowing through inventory into the second half. If consumer resistance prevents further pricing realization, operating margins will compress below FY2025 levels of 4.54%, triggering an operating margin drop below 4.5% within 12 months with an estimated fair value impact of -28.5%.^4,6

FV impact

Operating margin 3 points lower throughout

Early-warning signals to monitor

The five developments that would weaken our investment case.

Consolidated operating margin

Operating margin dropping below 4.50% would indicate that raw material, energy, and transportation inflation is completely outpacing pricing realization and productivity programs.

Current:4.54% in FY2025

Alert if< 4.50%

§3 Competitive moat

Narrow

Mohawk Industries possesses a narrow economic moat grounded in scale advantages across ceramic tile and hard surface manufacturing, reinforced by an extensive company-owned distribution network. In FY2025, the Global Ceramic segment generated $4,289.4M in revenue and $266.7M in operating income, reflecting global manufacturing density that lowers unit production costs across kilns and automated pressing facilities.

The company's competitive standing is supported by proprietary surface innovations, including Sublime Sync® and 3D Ink® texturing processes, as well as StepWise™ slip-resistant porcelain formulations. Large-scale European porcelain slab production is exported to North America to complement domestic quartz countertop offerings, providing commercial architects and residential builders with a comprehensive surface catalog that independent regional tile producers cannot replicate.

Mohawk's vertically integrated distribution infrastructure provides structural operational insulation. By managing regional warehousing and dedicated trucking fleets directly to independent dealers and home centers, Mohawk holds inventory close to end customers, dampening the volatility of channel prebuying. While returns on invested capital currently track close to the cost of equity (computed at 9.6246%) due to cyclical demand trough conditions, the company's manufacturing scale and distribution control sustain a narrow competitive moat.

Economic profit

In FY2025, Mohawk generated $489.8M in operating income on $10,785.4M of revenue, yielding an operating margin of 4.54%. Free cash flow reached $616.2M after $440.0M of capital expenditures. With a computed cost of equity of 9.6246%, economic profit generation is currently constrained by cyclical trough demand in residential remodeling, but normalized cash flow generation supports invested capital across the cycle.¹

6.5/ 10

Narrow

Sources of advantage

Scale Advantage in Ceramic Tile and Surface ManufacturingMohawk operates global manufacturing facilities producing large-scale porcelain slabs, commercial tiles, and residential flooring, generating $4,289.4M in Global Ceramic revenue in FY2025 with proprietary technologies including Sublime Sync®, 3D Ink®, and StepWise™.Moderate
Controlled Direct-to-Retailer Distribution NetworkManagement maintains dedicated distribution assets across primary geographic regions, holding inventory directly to service retail and builder partners, which dampens distributor prebuying bullwhip effects.Wide
Proprietary Product Formulations and Brand Intangibles

Known threats to the moat
Threat	Severity	Timeline	Mitigation
Low-cost Asian and Latin American ceramic and vinyl flooring import competition if trade tariff remedies are delayed or weakened.	medium	12 to 24 months	Expanding domestic manufacturing lines including a second countertop facility ahead of proposed 25% minimum ITC tariffs and differentiated product innovations.

§5 Sensitivity

Discount rate

Terminal growth

	2.0%	2.3%	2.5%	2.8%	3.0%
8.6%	$120.59	$121.97	$123.47	$125.09	$126.85
9.1%	$116.70	$117.88	$119.14	$120.50	$121.97
9.6%	$113.25	$114.26	$115.33	$116.49	$117.73
10.1%	$110.16	$111.03	$111.96	$112.95	$114.00
10.6%	$107.36	$108.12	$108.93	$109.78	$110.69

Rows: discount rate (Ke for earnings; WACC for cash flow). Columns: terminal growth.

Fair value

Duration change (years)

	-5	-2	0	+2	+5
Fair value	$115.03	$115.19	$115.33	$115.47	$115.65

Competitive-advantage duration: 5 years at the highlighted base. Other assumptions stay fixed.

Sensitivity reference

The highlighted cell is Fair value when every assumption sits at its base level ($115.33). Each row and column shows what Fair value becomes when one assumption moves.

FCF cliff

A free-cash-flow drop test is not available in this run; use the discount-rate and terminal-growth grid as the primary valuation pressure test.

§7 Earnings decision tree

Beat

Upgrade the rating; Re-examine capital allocation and verify that margin expansion is driven by structural volume recovery rather than discrete tariff recoveries.

Trigger: Consolidated operating margin expanding substantially year-over-year accompanied by constant-currency volume expansion across North American and European flooring.

A sustained beat driven by organic volume growth and core price realization confirms that price and productivity gains exceed input inflation without relying on discrete tariff refunds.

In-line

Maintain Hold; Maintain current allocation, re-examine input cost inflation trends, and monitor ongoing productivity programs.

Trigger: Operating performance aligning with management guidance ranges where price realization offsets underlying input cost headwinds.

An inline outcome validates that the business is navigating cyclical trough conditions with operational stability, but does not yet justify an upgraded valuation multiple while housing turnover remains subdued.

Miss

Downgrade the rating; Re-examine thesis durability, test downside sensitivity to residential turnover stagnation, and reduce position exposure if fundamental support weakens.

Trigger: Operating margin compressing year-over-year or constant-currency volume declines worsening across core ceramic and flooring lines.

A miss driven by cost inflation outstripping realization or accelerated volume losses indicates that customer resistance is limiting price execution, threatening earnings power.

Earnings quality

Earnings quality is supported by healthy cash conversion, where operating cash flow comfortably exceeds reported net income. Working capital requirements remain disciplined, and inventory balances are actively managed through controlled warehousing. However, investors must distinguish between recurring operational operating income and discrete items, such as periodic import tariff refunds, which temporarily flattered quarterly reported results.

Estimate momentum

Consensus earnings estimates remained flat following the second-quarter report before stabilizing into the second half as analysts balanced operational execution against persistent European inflation and high mortgage rates.

Metrics to watch into the print

Metric:
Price and Mix Realization vs Input Inflation
CurrentUnderlying inflation stepped up in Q2 and is expected to see a similar step-up in Q3 before flowing through inventory into the second half.
Why it matters
When selling price increases and productivity initiatives outpace energy and materials inflation, gross and operating profit expand, preserving cash generation per share.
Metric:
Flooring North America Unit Volumes and Market Share
CurrentConstant-currency net sales increased in Q2 with estimated market share gains in both hard and soft surface categories.
Why it matters
Unit volume growth absorbs fixed manufacturing overhead across domestic plants, driving operational leverage and expanding segment operating profits.

§8 Financial history

Income statement — last six periods
Period	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Trend
Revenue	$11.20B	$11.74B	$11.14B	$10.84B	$10.79B	-0.9%
Gross profit	$3.27B	$2.94B	$2.71B	$2.69B	$2.57B	-5.8%
Operating income	$1.34B	$244.2M	$-291.9M	$693.5M	$489.8M	-22.2%
Net income	$1.03B	$25.2M	$-449.0M	$514.7M	$369.9M	-22.6%
EPS (diluted)	$14.94	$0.39	$-7.05	$8.09	$5.93	-20.6%
EBITDA	$1.94B	$831.3M	$-287.8M	$1.33B	$1.14B	-12.5%
R&D	—	—	—	—	—	—
SG&A	$1.93B	$2.00B	$2.12B	$1.98B	$2.07B	+1.7%

Accepted annual forecast
Metric	2026	2027	2028	2029	2030
Revenue	$11.15B	$11.40B

Cash flow

Mohawk generated $1,056.2M in operating cash flow in FY2025. Subtracting capital expenditures of $440.0M resulted in free cash flow of $616.2M. Working capital management has been disciplined despite inventory carrying costs associated with owned distribution fleets and customer warehousing. For FY2026, planned capital investments of approximately $460M remain aligned with operational depreciation of $652.6M, ensuring free cash flow conversion remains durable across the cycle.^4,5,6

Capital allocation

Management balances capital allocation across three priorities: internal organic reinvestment, selective bolt-on capacity, and share repurchases. Capital reinvestment is strictly prioritized around high-return automation and domestic capacity expansion, exemplified by the ramp-up of a second domestic countertop manufacturing line. Mohawk does not pay a regular cash dividend, directing discretionary toward share buybacks to reduce diluted shares (62.4M diluted average shares in FY2025).

ROIC

The compression of returns on capital reflects severe fixed-cost under-absorption across tile and carpet manufacturing during the housing turnover downturn. Because current capital expenditures of $440.0M in FY2025 and guided ~$460M in 2026 remain below depreciation of $652.6M, invested capital is growing modestly, allowing operating leverage to drive return expansion as volumes rebound.

At cyclical trough conditions in FY2025, operating profit of $489.8M on $10,785.4M of revenue resulted in returns on capital lagging the computed cost of equity of 9.6246%. As operating margins normalize toward 6.8%-7.5% through FY2027-FY2030, ROIC is projected to recover above the cost of capital.

Flooring Rest of World Delivers Outsized Operating Profitability

In FY2025, Flooring Rest of World generated $212.9M of operating income on $2,857.5M of (7.45% margin), and reached an adjusted of 12.0% in Q2 2026 as price/mix of $41M exceeded cost inflation of $23M.

Latest revenue$10.8BRevenue CAGR +2.1%

Operating margin4.5%10 fiscal periods

Latest free cash flow$616.2MFY2025

Net debt$1.2BFY2025

Income statement breakdownHow business scale converts into reported profit.

StockMarketAgent.AI

Financial history data
Revenue	$10,785,400,000
Cost of revenue	$8,210,700,000
Gross profit	$2,574,700,000
Operating expenses	$2,084,900,000
Operating income	$489,800,000
Non-operating items and tax	-$119,900,000
Net income	$369,900,000

Balance sheet snapshotHow reported assets are held and financed at the selected period.

StockMarketAgent.AI

Balance sheet breakdown data
Total assets	$13,687,300,000
Cash	$856,100,000
Current assets	$5,967,100,000
Total liabilities	$5,308,600,000
Current liabilities	$2,722,100,000
Shareholders’ equity	$8,378,700,000

Cash-flow statement breakdownHow cash moved through operating, investing, and financing activities in FY2025.

StockMarketAgent.AI

$1.1B − $440MFree cash flow $616.2M

Cash-flow statement breakdown data
Net income	$369,900,000
Operating inflow	$1,056,200,000
Depreciation and amortization	$652,600,000
Stock-based compensation	$30,000,000
Other operating adjustments	$3,700,000
Operating cash flow	$1,056,200,000
Cash available	$1,768,000,000
Beginning cash	$666,600,000
Exchange-rate effect	$45,200,000
Investing outflow	$441,900,000
Capex	$440,000,000
Other investing activities	$1,900,000
Financing outflow	$470,000,000
Share repurchases	$149,800,000
Net debt repayment	$284,200,000
Other financing activities	$36,000,000
Ending cash	$856,100,000
Investing cash flow	-$441,900,000
Financing cash flow	-$470,000,000

Revenue by operating segmentShare of total revenue for 2025-12-31.

Revenue by operating segmentShare

Global Ceramic$4.3B39.8%+1.5% YoY

Flooring NA$3.6B33.7%−3.5% YoY

Flooring ROW$2.9B26.5%+0.6% YoY

Source: SEC EDGAR · Filed 2026-02-24 · SEC EDGAR

Revenue composition data: Revenue by operating segment
Revenue by operating segment	Revenue	Share	YoY
Global Ceramic	$4.3B	39.8%	1.5%
Flooring NA	$3.6B	33.7%	-3.5%
Flooring ROW	$2.9B	26.5%	0.6%

Revenue and earningsHow business scale converts into reported profit.

Cash and debtLiquidity available against total borrowing.

Cash generationOperating cash flow compared with free cash flow.

ProfitabilityGross, operating, and net margin progression.

Point-in-time financial data used in the 2026-10-15 analysis.

Financial history data
Period	Revenue	EBITDA	Net income	Operating cash flow	Free cash flow	Capex	Depreciation and amortization	Stock-based compensation	Share repurchases	Dividends paid	Net debt issuance	Investing cash flow	Financing cash flow	Beginning cash	Ending cash	Cash and investments	Total debt	Operating margin	ROIC	WACC	ROIC − WACC spread
2016-12-31	$9B	$1.7B	$930.4M	$1.3B	$673.2M	$672.1M	$409.5M	$35.1M	$0	$0	—	-$672.1M	-$641.6M	—	$121.7M	$121.7M	$2.5B	14.3%	—	6.2%	—
2017-12-31	$9.5B	$1.8B	$971.6M	$1.2B	$287.6M	$906M	$446.7M	$36.3M	$0	$0	—	-$1.2B	-$7M	$121.7M	$84.9M	$84.9M	$2.8B	14.3%	—	6.2%	—
2018-12-31	$10B	$1.6B	$861.7M	$1.2B	$387.2M	$794.1M	$521.8M	$31.4M	$274.1M	—	—	-$1.3B	$198M	$84.9M	$119.1M	$119.1M	$3.3B	11.0%	—	5.7%	—
2019-12-31	$10B	$1.4B	$744.2M	$1.4B	$873.3M	$545.5M	$576.5M	$23.6M	$100.1M	$1K	—	-$616M	-$789.9M	$119.1M	$134.8M	$177.3M	$2.6B	8.3%	—	5.2%	—
2020-12-31	$9.6B	$1.2B	$515.6M	$1.8B	$1.3B	$425.6M	$607.5M	$19.7M	$188.6M	—	—	-$954.8M	-$188.2M	$134.8M	$768.6M	$1.3B	$2.7B	6.7%	—	6.1%	—
2021-12-31	$11.2B	$1.9B	$1B	$1.3B	$633M	$676.1M	$591.7M	$25.7M	$900.3M	—	—	-$556.8M	-$1.2B	$768.6M	$268.9M	$591.9M	$2.3B	11.9%	—	6.8%	—
2022-12-31	$11.7B	$831.3M	$25.2M	$669.2M	$88.5M	$580.7M	$595.5M	$22.4M	$307.6M	—	$528.2M	-$625.3M	$194.3M	$268.9M	$509.6M	$667.6M	$2.8B	2.1%	—	7.5%	—
2023-12-31	$11.1B	-$287.8M	-$449M	$1.3B	$716.3M	$612.9M	$630.3M	$20.9M	$0	—	-$165.4M	-$970.3M	-$210.6M	$509.6M	$642.6M	$642.6M	$2.7B	-2.6%	—	—	—
2024-12-31	$10.8B	$1.3B	$514.7M	$1.1B	$679.5M	$454.4M	$638.3M	$27.5M	$162.8M	—	-$440.9M	-$454.4M	-$629.5M	$642.6M	$666.6M	$666.6M	$2.2B	6.4%	—	8.9%	—
2025-12-31	$10.8B	$1.1B	$369.9M	$1.1B	$616.2M	$440M	$652.6M	$30M	$149.8M	—	-$284.2M	-$441.9M	-$470M	$666.6M	$856.1M	$856.1M	$2B	4.5%	—	6.9%	—

§9 Peer valuation comparison

Mohawk Industries Inc.MHK

Price / fair value

Fair value$115.33Report-date price$119.97

AssessedOct 15, 2026

Economic moatNarrow

Investment scorecard65 / 100

Etsy Inc.ETSY

Price / fair value

Fair value$51.06Report-date price$82.93

AssessedOct 15, 2026

Economic moatNarrow

Investment scorecard

Rollins, Inc.ROL

Price / fair value

Fair value$28.87Report-date price$32.26

AssessedOct 12, 2026

Economic moatWide

Investment scorecard

Mohawk Industries Inc.MHK

Price / fair value

Fair value$115.33Report-date price$119.97

AssessedOct 15, 2026

Economic moatNarrow

Investment scorecard

Peer multiples and profitability
Ticker	Name	Mcap	P/E	P/S	EV/EBITDA

Mohawk Industries Inc. (MHK) trades at 11.7x forward earnings against a peer median of 14.4x. Its EV/EBITDA of 5.8x compares with a peer median of 17.1x. The comparison uses 4 peers: Etsy Inc., Deckers Outdoor Corporation, Rollins Inc. and Darden Restaurants Inc., as of 2026-10-15.

§10 Industry & cycle

Cycle phase

Trough

The building products industry exhibits a capex-to-revenue ratio of 5.9% and a capex-to-depreciation ratio of 1.11, indicating moderate capital reinvestment despite depressed end-market activity. For Mohawk, FY2025 capex of $440.0M and guided 2026 capex of approximately $460M compare against depreciation of $652.6M, reflecting disciplined capital rationing at cyclical lows.^4,6

Bull cycle

A cyclical upswing in residential flooring demand is catalyzed by easing mortgage rates and unfreezing existing home sales, unlocking multi-year deferred remodeling projects across North America and Europe. In this phase, capacity utilization increases, fixed overhead is absorbed over higher volume, and pricing discipline drives operating margins above the industry benchmark operating margin of 6.9%.

Bear cycle

A prolonged cyclical downturn occurs when elevated borrowing costs freeze housing turnover, delaying discretionary home renovation. As industry capex-to-depreciation stands at 1.11 with capex-to-revenue at 5.9%, industry capacity remains committed while demand softens. Manufacturers face fixed-cost deleverage and inventory absorption lags, driving industry net margins toward the benchmark level of 1.1%.

Secular trends
Trend	Impact	Note
Aging Housing Stock and Pent-Up Remodeling Demand	positive	The median age of housing in North America and Western Europe continues to rise, creating non-discretionary replacement needs for worn floor coverings that cannot be indefinitely deferred.
Hard Surface Substitution and Performance Ceramic Adoption	positive	Consumer preference trends favor hard surface flooring, high-durability porcelain slabs, and premium waterproof laminate over traditional broadloom carpet, favoring Mohawk's technology investments in Sublime Sync® and StepWise™.

Positioning

Mohawk is well positioned as an integrated global flooring leader with $10,785.4M in FY2025 revenue. Its geographic footprint spans North America ($5,813.9M), Europe ($3,366.6M), Latin America ($728.0M), and Rest of World ($876.9M). Controlled distribution assets and a second domestic countertop manufacturing line provide structural positioning to gain share as cyclical volume normalizes.^4,6,7

§11 Position management

Sizing

2-3%

Given the house rating of Hold and shares trading at $119.97 near Fair value of $115.33, existing investors should maintain a moderate allocation while new capital waits for an adequate margin of safety.

Risk

Risk management focuses on monitoring the duration of the residential housing turnover freeze and customer price elasticity. Portfolio sizing should reflect cyclical exposure to durable building products, with position limits strictly enforced until mortgage rate normalization catalyzes a sustainable remodeling recovery.

Entry tranches
Level	Action	Why
Disciplined entry below Fair value	Accumulate initial tranche	Provides an adequate margin of safety below Fair value, offering favorable downside protection.

Exit tranches
Level	Action
$138.62	Trim position and harvest gains

Quarterly checkpoints
Metric	Threshold	Action
Consolidated operating margin	Sustained below 4.5% compared to FY2025 operating income of $489.8M on $10,785.4M revenue	Downgrade rating and lower normalized operating margin assumption across .

§14 Final recommendation

Action

Hold

Mohawk Industries is rated Hold. The report was prepared with shares at $119.97 as of $119.97 (as of 2026-10-14), representing an implied return of -3.9% to the house Fair value of $115.33. While the business demonstrates operational resilience through price realization and international strength, current valuation appropriately captures near-term cyclical headwinds.

Long-term investors should hold existing positions and monitor residential turnover catalysts. A more attractive risk-reward entry would emerge if cyclical uncertainty temporarily pushes the shares into margin-of-safety territory below Fair value.

MHK	Mohawk Industries Inc.	$8.1B	11.7x	0.7x	5.8x	5.5%	—
ETSY	Etsy Inc.	$7.6B	12.0x	2.6x	20.3x	—	18.7%
DECK	Deckers Outdoor Corporation	$11.3B	9.9x	2.0x	7.7x	42.6%	15.2%
ROL	Rollins Inc.	$15.7B	25.4x	4.0x	19.3x	37.0%	18.8%
DRI	Darden Restaurants Inc.	$23.6B	16.8x	1.8x	14.9x	55.4%	9.9%

Is Mohawk Industries Inc. overvalued?

What is MHK's fair value?

Should I buy MHK now?

What are the biggest risks for MHK?

What is MHK's rating?

What archetype is MHK?

Mohawk Industries Inc.

Names readers of MHK also follow

Company overview

Consolidated operating margin

Narrow

Sources of advantage

Lenses that set Fair value

Discounted Earnings

Price and Mix Realization vs Input Inflation

Flooring North America Unit Volumes and Market Share

Sources

Flooring North America revenue growth

Free cash flow

Flooring Rest of World operating margin

Global Ceramic operating margin

Multi-stage Moat Fade

Forward Earnings

Owner Earnings

Checks and reference points

Reverse DCF

PEG-adjusted Peer

Flooring Rest of World Operating Margin

ITC Countertop Tariff Implementation and Domestic Ramp-Up

Working Capital Efficiency and Free Cash Flow Conversion