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Mohawk Industries, Inc. (MHK) Tax Rate: 21.08%

Is Mohawk Industries, Inc.’s tax rate high or low?

Mohawk Industries, Inc.'s tax rate of 21.08% is in line with its 5-year average of 22.43%, around the middle of its 5-year range (-23.94%–85.98%).

3.01% above its 12-month average of 20.46%.

MHK Tax Rate Chart

MHK Tax Rate
21.08%+6.20% 1Y
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MHK Average Tax Rate Chart

MHK Current vs Average Tax Rate Chart

MHK Tax Rate Metrics

TAX RATE

21.08%

TAX RATE AVG TTM

20.46%

TAX RATE AVG 3Y

25.74%

TAX RATE AVG 5Y

22.43%

TAX RATE AVG 10Y

20.11%

TAX RATE AVG 15Y

18.03%

TAX RATE AVG 20Y

20.21%

CURRENT VS TTM AVG

+3.01%

CURRENT VS 3Y AVG

-18.11%

CURRENT VS 5Y AVG

-6.03%

CURRENT VS 10Y AVG

+4.80%

CURRENT VS 15Y AVG

+16.90%

CURRENT VS 20Y AVG

+4.32%

Mohawk Industries, Inc. Tax Rate Formula & Definition

Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Mohawk Industries, Inc. Tax Rate FAQ

What is the tax rate for Mohawk Industries, Inc. (MHK)?
The tax rate for MHK stock is 21.08%.
Is Mohawk Industries, Inc.'s tax rate high or low?
Mohawk Industries, Inc.'s tax rate of 21.08% is in line with its 5-year average of 22.43%, around the middle of its 5-year range (-23.94%–85.98%).
What is the TTM average tax rate for Mohawk Industries, Inc. (MHK)?
The TTM average tax rate for MHK stock is 20.46%.
What is the 3Y average tax rate for Mohawk Industries, Inc. (MHK)?
The 3Y average tax rate for MHK stock is 25.74%.
What is the 5Y average tax rate for Mohawk Industries, Inc. (MHK)?
The 5Y average tax rate for MHK stock is 22.43%.
What is the 10Y average tax rate for Mohawk Industries, Inc. (MHK)?
The 10Y average tax rate for MHK stock is 20.11%.
What is the 15Y average tax rate for Mohawk Industries, Inc. (MHK)?
The 15Y average tax rate for MHK stock is 18.03%.
What is the 20Y average tax rate for Mohawk Industries, Inc. (MHK)?
The 20Y average tax rate for MHK stock is 20.21%.

Mohawk Industries, Inc. Tax Rate History

DATETAX RATE
2025-12-3121.08%
2024-12-3119.85%
2023-12-31-23.94%
2022-12-3185.98%
2021-12-3119.88%
2020-12-3111.75%
2019-12-310.66%
2018-12-3117.57%
2017-12-3126.04%
2016-12-3124.78%
2015-12-3117.61%
2014-12-3119.83%
2013-12-3117.59%
2012-12-3117.60%
2011-12-3110.83%
2010-12-311.41%
2009-12-3198.69%
2008-12-31-14.15%
2007-12-31-17.00%
2006-12-3132.60%
2005-12-3135.69%
2004-12-3136.16%
2003-12-3136.50%
2002-12-3135.87%
2001-12-3135.28%
2000-12-3139.24%
1999-12-3139.52%
1998-12-3138.38%
1997-12-3133.76%
1996-12-3136.75%

About Mohawk Industries, Inc.

Mohawk Industries, Inc. is a global leader specializing in the manufacturing, sourcing, distribution, and marketing of diverse flooring solutions. The company serves both residential and commercial clients, addressing needs for new construction and renovation projects across the United States, Europe, Russia, and other international territories. Its operations are structured into three primary segments: 1. Global Ceramic: This division offers a wide range of ceramic, porcelain, and natural stone tiles, and also procures, markets, and distributes other related tile products. Key brands within this segment include American Olean, Daltile, Eliane, EmilGroup, KAI, Kerama Marazzi, Marazzi, and Ragno. 2. Flooring North America (Flooring NA): This segment presents an extensive collection of floor covering products, available in various colors, textures, and patterns. Offerings span carpets, carpet tiles, rugs, mats, carpet pads, hardwood, laminate, medium-density fiberboards, luxury vinyl tiles (LVT), and sheet vinyl products. Prominent brands here are Aladdin Commercial, Durkan, IVC, Karastan, Mohawk, Mohawk Group, Mohawk Home, Pergo, Portico, and Quick-Step. 3. Flooring Rest of the World (Flooring ROW): This unit supplies a broad array of floor and building materials, including wood flooring, vinyl flooring, laminates, roofing elements, sheet vinyl, LVT, insulation boards, medium-density fiberboards, chipboards, and various other wood products. Its portfolio features brands such as Feltex, Godfrey Hirst, Hycraft, IVC Commercial, IVC Home, Leoline, Moduleo, Pergo, Quick-Step, Unilin, and Xtratherm. Additionally, this segment licenses its proprietary intellectual property to other flooring manufacturers. Established in 1988, Mohawk Industries, Inc. maintains its corporate headquarters in Calhoun, Georgia.

Calhoun, GA
41,900 employees
Consumer Cyclical / Furnishings, Fixtures & Appliances
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
CEO
Jeffrey S. Lorberbaum