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Earnings Data
Report Date
Jul 23, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.58Last Year’s EPS
2.77Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
Mixed/neutral: the company delivered solid operating improvements in Q1 — notably adjusted EPS up ~25%, margin expansion, segment profit improvement, a share buyback and a strong balance sheet — but material headwinds remain. Input-cost inflation tied to energy and transportation, uncertainty from the Middle East conflict, continued residential volume weakness (constant-currency sales decline), modest free cash flow, and potential for additional pricing or margin pressure balance the positives. Management is pursuing productivity, price increases and disciplined capital allocation, but outcomes hinge on the evolution of inflation and consumer confidence.Company Guidance
Adjusted EPS Growth
Adjusted EPS of $1.90 in Q1 2026, up approximately 25% versus the prior year.
Revenue
Net sales of approximately $2.7 billion in Q1, up 8% as reported and down 2.6% on a constant-currency basis.
Margin Expansion
Adjusted gross margin of 24.8% (23.5% reported), up ~70 basis points year-over-year; adjusted operating margin improved to 5.5% of sales (adjusted operating income $149 million), up 70 basis points versus prior year.
Segment Profitability Improvements
Global Ceramic adjusted operating income $55M (5.0% of sales, +20 bps); Flooring North America adjusted operating income $35M (4.0% of sales, +100 bps); Flooring Western World adjusted operating income $74M (9.8% of sales, +70 bps).
Productivity and Restructuring Benefits
Q1 benefits from productivity, restructuring and mix (various disclosures: productivity/res savings noted >$200M last year and additional $50–60M planned this year; quarter-level benefits cited in aggregate as tens of millions) materially offsetting some inflation in Q1.
Share Repurchase
Repurchased 607 thousand shares for $64 million during the quarter under the current buyback authorization.
Strong Balance Sheet
Cash and cash equivalents of $872 million, net debt ~$1.2 billion and net debt to EBITDA ratio of 0.9x, providing financial flexibility.
CapEx and Investment Plans
Quarterly CapEx of $102 million; full-year 2026 CapEx guidance of roughly $480 million focused on cost reduction, product innovation and maintenance.
Commercial End-Market Strength and New Products
Commercial channels continue to outperform residential globally; new premium collections, product innovations (e.g., allergen-certified carpets, LVT and premium ceramics) improving mix and pricing power.
Guidance
Q2 adjusted EPS guidance of $2.50–$2.60 (excl. restructuring/one-time charges); full-year tax rate guidance of 19–20%.
MHK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MHK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $105.56 | $99.93 | -5.33% |
Feb 12, 2026 | $133.48 | $132.60 | -0.66% |
Oct 23, 2025 | $128.90 | $119.90 | -6.98% |
Jul 24, 2025 | $116.00 | $120.90 | +4.22% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Mohawk (MHK) report earnings?
Mohawk (MHK) is schdueled to report earning on Jul 23, 2026, After Close (Confirmed).
What is Mohawk (MHK) earnings time?
Mohawk (MHK) earnings time is at Jul 23, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MHK EPS forecast?
MHK EPS forecast for the fiscal quarter 2026 (Q2) is 2.58.