Mohawk Industries (MHK) Projected to Announce Earnings on Thursday

Mohawk Industries (NYSE:MHKGet Free Report) is projected to announce its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to announce earnings of $2.57 per share and revenue of $2.7870 billion for the quarter. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. Investors may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Friday, July 31, 2026 at 11:00 AM ET.

Mohawk Industries (NYSE:MHKGet Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported $1.90 EPS for the quarter, topping the consensus estimate of $1.80 by $0.10. Mohawk Industries had a return on equity of 6.96% and a net margin of 3.77%.The company had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.74 billion. During the same period in the prior year, the firm posted $1.52 earnings per share. The firm’s revenue was up 8.0% on a year-over-year basis. On average, analysts expect Mohawk Industries to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Mohawk Industries Stock Up 2.0%

Shares of NYSE:MHK opened at $115.53 on Tuesday. The stock has a 50-day simple moving average of $109.80 and a 200-day simple moving average of $111.29. The stock has a market capitalization of $7.04 billion, a P/E ratio of 17.32, a PEG ratio of 2.81 and a beta of 1.18. Mohawk Industries has a 1 year low of $92.99 and a 1 year high of $143.13. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.23 and a current ratio of 2.16.

Insider Activity at Mohawk Industries

In other Mohawk Industries news, insider Suzanne L. Helen sold 16,600 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $112.97, for a total transaction of $1,875,302.00. Following the sale, the insider owned 14,132 shares in the company, valued at $1,596,492.04. This represents a 54.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Jeffrey S. Lorberbaum sold 4,500 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $112.08, for a total value of $504,360.00. Following the transaction, the chief executive officer directly owned 20,000 shares in the company, valued at approximately $2,241,600. This represents a 18.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 40,186 shares of company stock worth $4,460,321 in the last 90 days. 17.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Mohawk Industries

Several large investors have recently added to or reduced their stakes in MHK. Glenmede Investment Management LP lifted its position in shares of Mohawk Industries by 6.0% in the 3rd quarter. Glenmede Investment Management LP now owns 2,729 shares of the company’s stock worth $352,000 after buying an additional 154 shares during the last quarter. Evolve Private Wealth LLC acquired a new position in shares of Mohawk Industries in the 4th quarter valued at about $332,000. United Capital Financial Advisors LLC grew its position in shares of Mohawk Industries by 8.1% during the 3rd quarter. United Capital Financial Advisors LLC now owns 2,520 shares of the company’s stock valued at $325,000 after buying an additional 188 shares during the last quarter. CW Advisors LLC bought a new stake in shares of Mohawk Industries during the 2nd quarter valued at about $280,000. Finally, Mangrove Partners IM LLC acquired a new stake in Mohawk Industries during the fourth quarter worth about $236,000. 78.98% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on MHK. Wells Fargo & Company decreased their price objective on shares of Mohawk Industries from $125.00 to $105.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 8th. Barclays increased their price target on Mohawk Industries from $96.00 to $109.00 and gave the company an “equal weight” rating in a report on Tuesday, July 14th. Evercore set a $110.00 price objective on Mohawk Industries in a research report on Monday, May 4th. Wall Street Zen raised Mohawk Industries from a “hold” rating to a “buy” rating in a research report on Sunday, June 21st. Finally, Truist Financial dropped their target price on Mohawk Industries from $155.00 to $135.00 and set a “buy” rating on the stock in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $124.42.

Read Our Latest Research Report on Mohawk Industries

Mohawk Industries Company Profile

(Get Free Report)

Mohawk Industries, Inc is a global flooring manufacturer that designs, produces and distributes a broad range of floor covering products for both residential and commercial applications. Headquartered in Calhoun, Georgia, the company traces its roots to 1878 and has expanded through a series of strategic acquisitions and organic growth initiatives. Over the decades, Mohawk has built a vertically integrated platform encompassing yarn manufacturing, fiber production, wood and laminate finishing, and ceramic tile fabrication, enabling tight control over product quality and supply chain efficiency.

The company’s product portfolio includes residential and commercial carpet, ceramic and porcelain tile, laminate, wood and natural stone flooring, luxury vinyl, and innovative surface solutions.

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Earnings History for Mohawk Industries (NYSE:MHK)

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