Mohawk Industries (MHK) Expected to Announce Earnings on Thursday

Key Points

• Mohawk Industries is expected to report Q3 2026 results after Thursday’s close, with analysts projecting earnings of $2.58 per share on $2.82 billion in revenue. The company’s guidance calls for EPS of $2.38–$2.48.
• In the prior quarter, Mohawk reported $3.67 in EPS and $2.99 billion in revenue, exceeding analyst estimates, while revenue increased 6.8% year over year.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $133.75; insiders have sold approximately $22.4 million of stock over the past 90 days.

Mohawk Industries (NYSE:MHK - Get Free Report) is expected to be releasing its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect the company to announce earnings of $2.58 per share and revenue of $2.82 billion for the quarter. Mohawk Industries has set its Q3 2026 guidance at 2.380-2.480 EPS. Parties can check the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Friday, October 30, 2026 at 11:00 AM ET.

Mohawk Industries (NYSE:MHK - Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $3.67 EPS for the quarter, beating analysts' consensus estimates of $2.58 by $1.09. The company had revenue of $2.99 billion during the quarter, compared to analysts' expectations of $2.79 billion. Mohawk Industries had a return on equity of 7.50% and a net margin of 4.15%. The firm's revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter last year, the business posted $2.77 EPS. On average, analysts expect Mohawk Industries to post $9.85 EPS for the current fiscal year and $9.95 EPS for the next fiscal year.

Mohawk Industries Price Performance

Shares of MHK stock opened at $117.96 on Thursday. The stock has a market cap of $7.99 billion, a price-to-earnings ratio of 15.62, a PEG ratio of 1.69 and a beta of 1.16. The business's fifty day moving average is $126.72 and its 200 day moving average is $115.97. Mohawk Industries has a twelve month low of $92.99 and a twelve month high of $140.30. The company has a quick ratio of 1.13, a current ratio of 1.92 and a debt-to-equity ratio of 0.14.

Insider Buying and Selling

In other Mohawk Industries news, Director Bernard Thiers sold 13,393 shares of Mohawk Industries stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $134.98, for a total transaction of $1,807,787.14. Following the completion of the transaction, the director owned 93,633 shares in the company, valued at approximately $12,638,582.34. The trade was a 12.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jeffrey S. Lorberbaum sold 11,400 shares of the business's stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $128.21, for a total value of $1,461,594.00. Following the completion of the sale, the chief executive officer directly owned 59,299 shares in the company, valued at $7,602,724.79. This trade represents a 16.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 172,996 shares of company stock worth $22,433,248 in the last 90 days. Insiders own 17.90% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Robert W. Baird raised their price objective on Mohawk Industries from $112.00 to $132.00 and gave the company a "neutral" rating in a research report on Monday, August 3rd. Evercore set a $129.00 target price on shares of Mohawk Industries in a research report on Friday, September 25th. Weiss Ratings upgraded shares of Mohawk Industries from a "hold (c-)" rating to a "hold (c)" rating in a research note on Thursday, August 6th. Melius Research started coverage on shares of Mohawk Industries in a research note on Tuesday, October 6th. They issued a "buy" rating and a $188.00 price target for the company. Finally, Royal Bank Of Canada cut shares of Mohawk Industries from a "sector perform" rating to an "underperform" rating and lowered their price target for the company from $130.00 to $112.00 in a research report on Wednesday, October 7th. Three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $133.75.

Mohawk Industries Company Profile

Mohawk Industries, Inc is a global manufacturer and distributor of flooring products. The company serves residential and commercial customers through products sold to retailers, distributors, builders, contractors and other industry professionals.

Its product portfolio includes carpet, rugs, ceramic and porcelain tile, hardwood flooring, laminate, luxury vinyl tile and other resilient flooring products. Mohawk markets products under a range of well-known brands, including Mohawk, Karastan, Pergo, Quick-Step, Marazzi, Daltile, American Olean and Durkan.

The company traces its origins to a carpet mill established in 1878 and is headquartered in Calhoun, Georgia.

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