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Mohawk Industries (LTS:0K2F) Net Margin % : 3.92% (As of Mar. 2024)


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What is Mohawk Industries Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Mohawk Industries's Net Income for the three months ended in Mar. 2024 was $105 Mil. Mohawk Industries's Revenue for the three months ended in Mar. 2024 was $2,679 Mil. Therefore, Mohawk Industries's net margin for the quarter that ended in Mar. 2024 was 3.92%.

The historical rank and industry rank for Mohawk Industries's Net Margin % or its related term are showing as below:

LTS:0K2F' s Net Margin % Range Over the Past 10 Years
Min: -3.95   Med: 7.54   Max: 10.38
Current: -3.95


LTS:0K2F's Net Margin % is ranked worse than
82.86% of 420 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.03 vs LTS:0K2F: -3.95

Mohawk Industries Net Margin % Historical Data

The historical data trend for Mohawk Industries's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mohawk Industries Net Margin % Chart

Mohawk Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.46 5.40 9.22 0.22 -3.95

Mohawk Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.86 3.43 -27.49 5.34 3.92

Competitive Comparison of Mohawk Industries's Net Margin %

For the Furnishings, Fixtures & Appliances subindustry, Mohawk Industries's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mohawk Industries's Net Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mohawk Industries's Net Margin % distribution charts can be found below:

* The bar in red indicates where Mohawk Industries's Net Margin % falls into.



Mohawk Industries Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Mohawk Industries's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-439.516/11135.115
=-3.95 %

Mohawk Industries's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=105/2679.4
=3.92 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mohawk Industries  (LTS:0K2F) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Mohawk Industries Net Margin % Related Terms

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Mohawk Industries (LTS:0K2F) Business Description

Traded in Other Exchanges
Address
160 South Industrial Boulevard, Calhoun, GA, USA, 30701
Mohawk Industries Inc manufactures a wide range of flooring products, including carpets, rugs, ceramic tile, laminate, wood, luxury vinyl tile, and vinyl flooring. Its operating segments include Global Ceramic, Flooring NA, and Flooring ROW. The company generates maximum revenue from the Global Ceramic segment. Geographically, it derives a majority of its revenue from the United States.

Mohawk Industries (LTS:0K2F) Headlines

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