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Mohawk Industries

DB:MWK
Snowflake Description

Flawless balance sheet and undervalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MWK
DB
$11B
Market Cap
  1. Home
  2. DE
  3. Consumer Durables
Company description

Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces worldwide. The last earnings update was 13 days ago. More info.


Add to Portfolio Compare Print
  • Mohawk Industries has significant price volatility in the past 3 months.
MWK Share Price and Events
7 Day Returns
-2.2%
DB:MWK
-1.1%
DE Consumer Durables
0.1%
DE Market
1 Year Returns
25.8%
DB:MWK
2.9%
DE Consumer Durables
8.8%
DE Market
MWK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mohawk Industries (MWK) -2.2% 17.7% 33.5% 25.8% -28.3% 15.4%
DE Consumer Durables -1.1% 3.5% 4.1% 2.9% -5.9% 11.6%
DE Market 0.1% 5.9% 15% 8.8% 14.5% 21%
1 Year Return vs Industry and Market
  • MWK outperformed the Consumer Durables industry which returned 2.9% over the past year.
  • MWK outperformed the Market in Germany which returned 8.8% over the past year.
Price Volatility
MWK
Industry
5yr Volatility vs Market

MWK Value

 Is Mohawk Industries undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Mohawk Industries to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Mohawk Industries.

DB:MWK Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 16 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.2%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:MWK
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.815 (1 + (1- 21%) (29.4%))
1.002
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.002 * 5.96%)
6.2%

Discounted Cash Flow Calculation for DB:MWK using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Mohawk Industries is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:MWK DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.2%)
2020 772.67 Analyst x11 727.55
2021 893.29 Analyst x5 791.99
2022 893.19 Analyst x3 745.65
2023 987.69 Analyst x3 776.38
2024 1,038.68 Est @ 5.16% 768.78
2025 1,076.93 Est @ 3.68% 750.54
2026 1,105.43 Est @ 2.65% 725.40
2027 1,126.66 Est @ 1.92% 696.15
2028 1,142.58 Est @ 1.41% 664.75
2029 1,154.67 Est @ 1.06% 632.55
Present value of next 10 years cash flows $7,279.00
DB:MWK DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $1,154.67 × (1 + 0.23%) ÷ (6.2% – 0.23%)
$19,369.42
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $19,369.42 ÷ (1 + 6.2%)10
$10,610.94
DB:MWK Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $7,279.00 + $10,610.94
$17,889.94
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $17,889.94 / 71.62
$249.78
DB:MWK Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:MWK represents 0.90409x of NYSE:MHK
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.90409x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 249.78 x 0.90409
€225.82
Value per share (EUR) From above. €225.82
Current discount Discount to share price of €133.00
= -1 x (€133.00 - €225.82) / €225.82
41.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Mohawk Industries is available for.
Intrinsic value
41%
Share price is €133 vs Future cash flow value of €225.82
Current Discount Checks
For Mohawk Industries to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Mohawk Industries's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Mohawk Industries's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Mohawk Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mohawk Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:MWK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-28) in USD $9.71
NYSE:MHK Share Price ** NYSE (2019-11-14) in USD $147.11
Germany Consumer Durables Industry PE Ratio Median Figure of 8 Publicly-Listed Consumer Durables Companies 17.05x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 19.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Mohawk Industries.

DB:MWK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:MHK Share Price ÷ EPS (both in USD)

= 147.11 ÷ 9.71

15.15x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mohawk Industries is good value based on earnings compared to the DE Consumer Durables industry average.
  • Mohawk Industries is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Mohawk Industries's expected growth come at a high price?
Raw Data
DB:MWK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.15x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 16 Analysts
13%per year
Germany Consumer Durables Industry PEG Ratio Median Figure of 5 Publicly-Listed Consumer Durables Companies 0.97x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

DB:MWK PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.15x ÷ 13%

1.16x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mohawk Industries is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Mohawk Industries's assets?
Raw Data
DB:MWK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-28) in USD $107.99
NYSE:MHK Share Price * NYSE (2019-11-14) in USD $147.11
Germany Consumer Durables Industry PB Ratio Median Figure of 12 Publicly-Listed Consumer Durables Companies 1.69x
Germany Market PB Ratio Median Figure of 577 Publicly-Listed Companies 1.83x
DB:MWK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:MHK Share Price ÷ Book Value per Share (both in USD)

= 147.11 ÷ 107.99

1.36x

* Primary Listing of Mohawk Industries.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mohawk Industries is good value based on assets compared to the DE Consumer Durables industry average.
X
Value checks
We assess Mohawk Industries's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Durables industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Durables industry average (and greater than 0)? (1 check)
  5. Mohawk Industries has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MWK Future Performance

 How is Mohawk Industries expected to perform in the next 1 to 3 years based on estimates from 16 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Mohawk Industries expected to grow at an attractive rate?
  • Mohawk Industries's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Mohawk Industries's earnings growth is expected to exceed the Germany market average.
  • Mohawk Industries's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:MWK Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:MWK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 16 Analysts 13%
DB:MWK Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 16 Analysts 2%
Germany Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 15%
Germany Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 4.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:MWK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:MWK Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 10,830 1,588 1,047 4
2022-12-31 10,601 1,477 999 5
2021-12-31 10,334 1,450 860 7
2020-12-31 10,130 1,315 759 16
2019-12-31 9,972 1,317 626 16
2019-11-14
DB:MWK Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-28 9,995 1,265 706
2019-06-29 10,021 1,127 777
2019-03-30 10,014 1,168 771
2018-12-31 9,984 1,181 858
2018-09-29 9,904 1,214 872
2018-06-30 9,807 1,401 915
2018-03-31 9,683 1,211 979
2017-12-31 9,491 1,194 972
2017-09-30 9,305 1,219 965
2017-07-01 9,150 1,194 965
2017-04-01 9,008 1,359 959
2016-12-31 8,959 1,345 930
2016-10-01 8,775 1,255 888

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Mohawk Industries's earnings are expected to grow by 13% yearly, however this is not considered high growth (20% yearly).
  • Mohawk Industries's revenue is expected to grow by 2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:MWK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below

All data from Mohawk Industries Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:MWK Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 14.05 14.29 13.80 2.00
2022-12-31 13.65 15.47 12.51 3.00
2021-12-31 11.92 13.72 11.26 6.00
2020-12-31 10.53 11.40 9.59 13.00
2019-12-31 8.66 8.90 8.23 11.00
2019-11-14
DB:MWK Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-28 9.71
2019-06-29 10.62
2019-03-30 10.43
2018-12-31 11.53
2018-09-29 11.69
2018-06-30 12.29
2018-03-31 13.16
2017-12-31 13.07
2017-09-30 12.99
2017-07-01 13.00
2017-04-01 12.93
2016-12-31 12.55
2016-10-01 11.99

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Mohawk Industries is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Mohawk Industries's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Mohawk Industries has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MWK Past Performance

  How has Mohawk Industries performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Mohawk Industries's growth in the last year to its industry (Consumer Durables).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Mohawk Industries's year on year earnings growth rate has been positive over the past 5 years.
  • Mohawk Industries's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Mohawk Industries's 1-year earnings growth is negative, it can't be compared to the DE Consumer Durables industry average.
Earnings and Revenue History
Mohawk Industries's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Mohawk Industries Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:MWK Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-28 9,994.78 705.97 1,795.35
2019-06-29 10,021.39 776.79 1,769.43
2019-03-30 10,013.92 770.94 1,738.97
2018-12-31 9,983.63 857.81 1,711.16
2018-09-29 9,904.11 871.77 1,694.68
2018-06-30 9,806.82 915.40 1,669.37
2018-03-31 9,682.85 979.50 1,653.61
2017-12-31 9,491.29 971.59 1,629.33
2017-09-30 9,304.76 964.89 1,604.79
2017-07-01 9,150.39 964.74 1,593.06
2017-04-01 9,007.69 959.25 1,574.25
2016-12-31 8,959.09 930.24 1,562.66
2016-10-01 8,774.52 888.12 1,541.54
2016-07-02 8,631.04 833.17 1,522.27
2016-04-02 8,362.43 764.31 1,473.79
2015-12-31 8,071.56 615.11 1,421.59
2015-10-03 8,025.01 570.42 1,393.33
2015-07-04 7,865.01 506.81 1,362.12
2015-04-04 7,871.53 473.23 1,357.10
2014-12-31 7,803.45 531.97 1,361.02
2014-09-27 7,776.10 495.73 1,370.82
2014-06-28 7,746.98 464.08 1,366.19
2014-03-29 7,675.03 397.27 1,371.84
2013-12-31 7,348.75 366.68 1,311.09
2013-09-28 6,860.31 322.44 1,241.48
2013-06-29 6,372.27 273.12 1,177.78
2013-03-30 5,865.76 260.38 1,103.13
2012-12-31 5,787.98 250.26 1,106.80

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Mohawk Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Mohawk Industries used its assets more efficiently than the DE Consumer Durables industry average last year based on Return on Assets.
  • Mohawk Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Mohawk Industries's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Durables industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Mohawk Industries has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MWK Health

 How is Mohawk Industries's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Mohawk Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Mohawk Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Mohawk Industries's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Mohawk Industries's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Mohawk Industries Company Filings, last reported 1 month ago.

DB:MWK Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-28 7,765.28 2,744.07 111.30
2019-06-29 7,821.59 3,054.98 128.10
2019-03-30 7,577.05 3,255.00 105.67
2018-12-31 7,440.06 3,257.97 119.05
2018-09-29 7,603.00 2,862.40 91.35
2018-06-30 7,403.48 3,030.53 518.23
2018-03-31 7,376.93 2,917.57 114.84
2017-12-31 7,096.47 2,763.58 84.88
2017-09-30 6,826.11 2,717.45 84.50
2017-07-01 6,481.21 2,928.52 130.24
2017-04-01 6,089.03 2,630.25 188.44
2016-12-31 5,807.18 2,511.49 121.67
2016-10-01 5,697.43 2,713.83 112.11
2016-07-02 5,409.27 2,956.28 112.05
2016-04-02 5,180.01 3,249.78 98.31
2015-12-31 4,882.82 3,191.97 81.69
2015-10-03 4,778.03 3,190.99 110.72
2015-07-04 4,636.19 3,475.87 171.09
2015-04-04 4,223.80 2,412.26 107.04
2014-12-31 4,422.81 2,253.44 97.88
2014-09-27 4,576.52 2,390.32 105.57
2014-06-28 4,673.30 2,426.84 70.04
2014-03-29 4,493.44 2,466.66 72.65
2013-12-31 4,470.31 2,260.01 54.07
2013-09-28 4,333.63 2,346.42 63.58
2013-06-29 4,104.29 2,533.76 168.75
2013-03-30 3,724.58 2,306.52 1,120.17
2012-12-31 3,719.62 1,382.94 477.67
  • Mohawk Industries's level of debt (35.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (52.2% vs 35.3% today).
  • Debt is well covered by operating cash flow (46.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 21.8x coverage).
X
Financial health checks
We assess Mohawk Industries's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Mohawk Industries has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MWK Dividends

 What is Mohawk Industries's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Mohawk Industries dividends. Estimated to be 0% next year.
If you bought €2,000 of Mohawk Industries shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Mohawk Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Mohawk Industries's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:MWK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 16 Analyst Estimates (S&P Global) See Below
Germany Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 3.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:MWK Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00
2019-11-14

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Mohawk Industries has not reported any payouts.
  • Unable to verify if Mohawk Industries's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Mohawk Industries's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Mohawk Industries has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Mohawk Industries's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Mohawk Industries's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Mohawk Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Mohawk Industries has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MWK Management

 What is the CEO of Mohawk Industries's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jeff Lorberbaum
COMPENSATION $4,631,485
AGE 64
TENURE AS CEO 18.8 years
CEO Bio

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 Holdings LP. He is a co-owner of Aladdin Partners, L.P. He served as the President of Mohawk Industries Inc. from January 24, 1995 to January 2001. He served as the Chief Operating Officer of Mohawk Industries from January 24, 1995 to January 2001. He was a co-owner of SJL Management Co., LLC. Mr. Lorberbaum joined Aladdin in 1976 and served as its Vice President of Operations from 1986 to February 25, 1994 and served as its President and Chief Executive Officer. He has been the Chairman of Mohawk Industries Inc. since May 2004. Mr. Lorberbaum serves as the Chairman Of The Board of Aladdin Manufacturing Corporation. He has been a Director of Mohawk Industries since March 28, 1994. He has been a Director of The Carpet And Rug Institute Inc. since November 2012.

CEO Compensation
  • Jeff's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Jeff's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Mohawk Industries management team in years:

9.6
Average Tenure
63
Average Age
  • The average tenure for the Mohawk Industries management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Jeff Lorberbaum

TITLE
Chairman & CEO
COMPENSATION
$5M
AGE
64
TENURE
18.8 yrs

Chris Wellborn

TITLE
President
COMPENSATION
$4M
AGE
63
TENURE
10 yrs

Bernard Thiers

TITLE
President of Unilin - Flooring Rest of World
COMPENSATION
$3M
AGE
63
TENURE
10.8 yrs

Paul De Cock

TITLE
President of Flooring North America Segment
COMPENSATION
$6M
TENURE
1 yrs

Frank Boykin

TITLE
Senior Consultant
COMPENSATION
$2M
AGE
64
TENURE
0.6 yrs

Glenn Landau

TITLE
Executive VP & CFO
AGE
50
TENURE
0.6 yrs

James Brunk

TITLE
Senior VP
AGE
54
TENURE
10.5 yrs

Kenneth Huelskamp

TITLE
Vice President of Investor Relations

Dave Patton

TITLE
VP of Business Strategy
AGE
48
TENURE
6.3 yrs

Shailesh Bettadapur

TITLE
VP & Treasurer
TENURE
9.6 yrs
Board of Directors Tenure

Average tenure and age of the Mohawk Industries board of directors in years:

10.1
Average Tenure
65
Average Age
  • The average tenure for the Mohawk Industries board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Chris Wellborn

TITLE
President
COMPENSATION
$4M
AGE
63
TENURE
17.7 yrs

Bruce Bruckmann

TITLE
Independent Director
COMPENSATION
$180K
AGE
66
TENURE
27.1 yrs

Jeff Lorberbaum

TITLE
Chairman & CEO
COMPENSATION
$5M
AGE
64
TENURE
15.5 yrs

Joseph Onorato

TITLE
Independent Director
COMPENSATION
$185K
AGE
70
TENURE
11.8 yrs

Pilkington Smith Bogart

TITLE
Independent Director
COMPENSATION
$180K
AGE
62
TENURE
8.5 yrs

Rick Ill

TITLE
Independent Director
COMPENSATION
$170K
AGE
76
TENURE
8.5 yrs

William Runge

TITLE
Independent Director
COMPENSATION
$170K
AGE
67
TENURE
5.3 yrs

Filip Balcaen

TITLE
Independent Director
COMPENSATION
$170K
AGE
59
TENURE
3.8 yrs
Who owns this company?
Recent Insider Trading
  • Mohawk Industries individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
08. Nov 19 Sell Jeffrey Lorberbaum Individual 07. Nov 19 07. Nov 19 -26,316 €137.71 €-3,623,976
04. Nov 19 Sell Jeffrey Lorberbaum Individual 01. Nov 19 01. Nov 19 -10,600 €127.75 €-1,354,105
13. Jun 19 Sell Jeffrey Lorberbaum Individual 10. Jun 19 10. Jun 19 -4,200 €130.87 €-549,647
13. Feb 19 Sell Jeffrey Lorberbaum Individual 11. Feb 19 12. Feb 19 -14,247 €126.37 €-1,768,019
28. Nov 18 Sell Jeffrey Lorberbaum Individual 26. Nov 18 26. Nov 18 -10,642 €113.60 €-1,208,956
29. Oct 19 Sell Paul De Cock Individual 28. Oct 19 28. Oct 19 -1,489 €130.83 €-194,755
13. Sep 19 Sell Paul De Cock Individual 12. Sep 19 12. Sep 19 -800 €114.49 €-91,590
18. Dec 18 Buy Floorenter NV Company 14. Dec 18 14. Dec 18 24,937 €104.17 €2,597,731
14. Dec 18 Buy Floorenter NV Company 12. Dec 18 13. Dec 18 52,546 €105.11 €5,500,290
12. Dec 18 Buy Floorenter NV Company 10. Dec 18 11. Dec 18 43,400 €105.53 €4,575,933
10. Dec 18 Buy Floorenter NV Company 06. Dec 18 07. Dec 18 22,900 €105.22 €2,400,666
06. Dec 18 Buy Floorenter NV Company 03. Dec 18 04. Dec 18 78,200 €110.90 €8,563,420
03. Dec 18 Buy Floorenter NV Company 29. Nov 18 29. Nov 18 10,000 €112.03 €1,120,263
20. Aug 19 Buy Floorenter NV Company 15. Aug 19 15. Aug 19 12,500 €99.04 €1,238,056
07. Aug 19 Buy Bruce Bruckmann Individual 06. Aug 19 06. Aug 19 2,000 €105.73 €210,237
14. Jun 19 Sell Bernard Thiers Individual 12. Jun 19 12. Jun 19 -2,800 €132.39 €-370,699
05. Jun 19 Sell Jeffrey Lorberbaum Individual 04. Jun 19 04. Jun 19 -6,000 €129.01 €-774,039
30. May 19 Sell Jeffrey Lorberbaum Individual 28. May 19 28. May 19 -18,000 €128.57 €-2,299,310
14. Mar 19 Sell Rodney Patton Individual 13. Mar 19 13. Mar 19 -2,260 €118.09 €-266,893
28. Dec 18 Buy Floorenter NV Company 26. Dec 18 26. Dec 18 9,000 €96.20 €865,821
17. Dec 18 Buy Bruce Bruckmann Individual 13. Dec 18 14. Dec 18 1,000 €104.92 €104,256
13. Dec 18 Buy Bruce Bruckmann Individual 11. Dec 18 11. Dec 18 500 €105.09 €52,544
04. Dec 18 Sell Rodney Patton Individual 30. Nov 18 04. Dec 18 -763 €112.66 €-84,180
X
Management checks
We assess Mohawk Industries's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Mohawk Industries has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MWK News

Simply Wall St News

MWK Company Info

Description

Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces worldwide. It operates through three segments: Global Ceramic, Flooring North America (Flooring NA), and Flooring Rest of the World (Flooring ROW). The Global Ceramic segment provides a range of ceramic tile, porcelain tile, and natural stone products; and sources, markets, and distributes other tile related products. This segment markets and distributes its products under the American Olean, Daltile, Eliane, EmilGroup, KAI, Kerama Marazzi, Marazzi, and Ragno brands. The Flooring NA segment offers floor covering product lines in a range of colors, textures, and patterns, including carpets, carpet tiles, rugs and mats, carpet pads, hardwood, laminate, medium-density fiberboards, luxury vinyl tiles, and sheet vinyl products. This segment markets and distributes its flooring products under the Aladdin Commercial, Durkan, IVC, Karastan, Mohawk, Mohawk Group, Mohawk Home, Pergo, Portico, Quick-Step, and SmartStrand brands. The Flooring ROW segment provides hardwood flooring and vinyl flooring, as well as roofing elements, insulation boards, and chipboards products under the Balterio, Feltex, Godfrey Hirst, Hycraft, Itec, IVC, Leoline, Moduleo, Pergo, Quick-Step, and Unilin and Xtratherm brands; and licenses patents related to flooring manufacturers. The company sells its products through independent distributors, home centers, company-operated service centers and stores, floor covering retailers, ceramic specialists, commercial contractors, commercial end users, mass merchandisers, department stores, e-commerce retailers, shop at home, buying groups, retailers, and wholesalers, as well as private labeling programs. Mohawk Industries, Inc. was founded in 1988 and is headquartered in Calhoun, Georgia.

Details
Name: Mohawk Industries, Inc.
MWK
Exchange: DB
Founded: 1988
$9,568,056,702
71,622,235
Website: http://www.mohawkind.com
Address: Mohawk Industries, Inc.
160 South Industrial Boulevard,
Calhoun,
Georgia, 30701,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE MHK Common Stock New York Stock Exchange US USD 01. Apr 1992
DB MWK Common Stock Deutsche Boerse AG DE EUR 01. Apr 1992
LSE 0K2F Common Stock London Stock Exchange GB USD 01. Apr 1992
Number of employees
Current staff
Staff numbers
42,100
Mohawk Industries employees.
Industry
Home Furnishings
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/14 21:26
End of day share price update: 2019/11/14 00:00
Last estimates confirmation: 2019/11/14
Last earnings filing: 2019/11/01
Last earnings reported: 2019/09/28
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.