Sector: Consumer Cyclicals | Industry: Home Furnishings |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 160 S INDUSTRIAL BLVD PO Box 12069 CALHOUN GA 30701 |
Tel: | 1-706-6242103 |
Website: | https://mohawkind.com |
IR: | See website |
Key People | ||
Jeffrey S. Lorberbaum Chairman of the Board, Chief Executive Officer | William Christopher Wellborn President, Chief Operating Officer, Director | James F. Brunk Chief Financial Officer |
Paul F. De Cock President - Flooring North America | Wim Messiaen President - Flooring Rest of the World Segment | Clifford C. Suing Interim Chief Accounting Officer, Corporate Controller | R. David Patton Vice President - Business Strategy, General Counsel, Secretary |
Business Overview |
Mohawk Industries, Inc. is a flooring manufacturer that creates products to enhance residential and commercial spaces around the world. The Company's segments include Global Ceramic, Flooring North America (Flooring NA) and Flooring Rest of the World (Flooring ROW). Its Global Ceramic segment designs, manufactures, sources, distributes and markets a line of ceramic, porcelain and natural stone tile products used for floor and wall applications in residential and commercial channels. Its Flooring NA segment designs, manufactures, sources, distributes and markets a range of floor covering products, including broadloom carpet, carpet tile, rugs and mats, carpet pad, laminate, medium-density fiberboard (MDF), wood flooring, LVT and sheet vinyl. Its Flooring ROW segment designs, manufactures, sources, distributes and markets a variety of laminate, LVT and sheet vinyl, wood flooring, broadloom carpet and carpet tile collections used in residential and commercial markets. |
Financial Overview |
For the fiscal year ended 31 December 2023, Mohawk Industries Inc revenues decreased 5% to $11.14B. Net loss before extraordinary items totaled $429.5M vs. income of $25.2M. Revenues reflect Flooring NA segment decrease of 9% to $3.83B, Flooring ROW segment decrease of 7% to $3.01B, Global Ceramic segment decrease of less than 1% to $4.3B, Rest of World segment decrease of 39% to $946.3M, United States segment decrease of 7% to $6.04B. |
Employees: | 43,300 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $9,175M as of Dec 31, 2023 |
Annual revenue (TTM): | $11,135M as of Dec 31, 2023 |
EBITDA (TTM): | $1,352M as of Dec 31, 2023 |
Net annual income (TTM): | -$429.52M as of Dec 31, 2023 |
Free cash flow (TTM): | $716.30M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $2,061M as of Dec 31, 2023 |
Shares outstanding: | 63,863,085 as of Mar 28, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |