TacticScaleWhat Mohawk Industries Does & How It Makes Money (MHK)
Updated October 2026 · reflects Mohawk Industries's latest reported financials
Global flooring maker of tile, carpet, laminate, vinyl and wood floors. It earns most of its revenue by manufacturing and selling flooring and related building products through home centers, flooring retailers, distributors, builders, contractors and its own stores.
How Mohawk Industries makes money
It earns most of its revenue by manufacturing and selling flooring and related building products through home centers, flooring retailers, distributors, builders, contractors and its own stores. It also earns licensing income by letting other flooring manufacturers use its intellectual property.
What Mohawk Industries does
Mohawk Industries, based in Calhoun, Georgia and incorporated in 1988, is a large flooring manufacturer. It reports three segments: Global Ceramic (tile, stone, countertops), Flooring North America, and Flooring Rest of the World. Its product range covers ceramic and porcelain tile, natural stone, quartz countertops, carpet, rugs, laminate, wood, vinyl and sheet flooring, along with panels and boards such as MDF, chipboard, roofing panels and insulation. The company sells under many brands, including Daltile, Marazzi, American Olean, Mohawk, Karastan, Pergo, Quick-Step, IVC and Unilin. Customers include home centers, flooring retailers, tile specialists, e-commerce sellers, distributors, builders and commercial contractors. Because it serves both remodeling and new construction, its demand usually follows housing activity and renovation spending.
Products & services
- Daltile ceramic and porcelain tile
- Mohawk and Karastan carpets and rugs
- Pergo and Quick-Step laminate flooring
- IVC and Moduleo vinyl flooring
- Marazzi tile
- Quartz countertops and stone slabs
What is Mohawk Industries worth?
On an owner-earnings DCF, Mohawk Industries's most-likely value is about $224 versus a recent price near $118 (90% below fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$142) with a margin of safety — so the honest verdict here is “Deeply discounted.” Fair value earns its keep only at the extremes, not in the wide middle.
On the financials alone, $118 is below even the no-growth floor ($142); the market's discount — expectations and sentiment beyond the numbers — is pricing in ≈ -2.2%/yr. A bargain only if that pessimism is overdone.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
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