Mohawk Industries, Inc. (MHK) Net Income
The annual net income for Mohawk Industries, Inc. (MHK) is $414.40 Million with a year-over-year change of (14.59%). Net income represents the company's bottom line profit after all expenses, taxes, and interest.
Annual Net Income (TTM)
$414.40M
$414.40 Million
Year-over-Year Change
(14.59%)
vs. $517.70M prior year
Net Income CAGR
(8.38%)
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
(14.59%)
3 Year
+135.31%
5 Year
(8.38%)
10 Year
(5.94%)
15 Year
+5.39%
20 Year
+0.72%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2025 | $369.90M | ($147.80M) | (28.55%) |
| 2024 | $517.70M | +$957.22M | — |
| 2023 | ($439.52M) | ($464.76M) | (1840.86%) |
| 2022 | $25.25M | ($1.01B) | (97.56%) |
| 2021 | $1.03B | +$517.56M | +100.38% |
| 2020 | $515.60M | ($228.62M) | (30.72%) |
| 2019 | $744.21M | ($117.49M) | (13.63%) |
| 2018 | $861.70M | ($109.93M) | (11.31%) |
| 2017 | $971.64M | +$41.28M | +4.44% |
| 2016 | $930.36M | +$315.06M | +51.20% |
Net Income Growth Summary
TTM Growth
(14.59%)
3-Year Avg Growth
+135.31%
5-Year Avg Growth
(8.38%)
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.
- Sector
- Consumer Cyclical
- Industry
- Furnishings, Fixtures & Appliances
- CEO
- Jeffrey S. Lorberbaum