What is Mohawk Industries Debt-to-Equity?
Mohawk Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,111 Mil. Mohawk Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,039 Mil. Mohawk Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7,623 Mil.
Mohawk Industries's debt to equity for the quarter that ended in Dec. 2023 was 0.41.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Mohawk Industries's Debt-to-Equity or its related term are showing as below:
MHK'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.41 Max: 0.66
Current: 0.41
During the past 13 years, the highest Debt-to-Equity Ratio of Mohawk Industries was 0.66. The lowest was 0.32. And the median was 0.41.
Mohawk Industries Debt-to-Equity Historical Data
The historical data trend for Mohawk Industries's Debt-to-Equity 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.
Mohawk Industries Debt-to-Equity Chart
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Mohawk Industries Annual Data
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Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
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0.36 |
0.36 |
0.32 |
0.40 |
0.41 |
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Mohawk Industries Quarterly Data
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Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
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0.40 |
0.46 |
0.42 |
0.42 |
0.41 |
Competitive Comparison of Mohawk Industries's Debt-to-Equity
For the Furnishings, Fixtures & Appliances subindustry, Mohawk Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mohawk Industries's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Mohawk Industries's Debt-to-Equity falls into.
Mohawk Industries Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Mohawk Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Mohawk Industries's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as
* 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 (Mohawk Industries) 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.
Executives
| Suzanne L Helen |
other: Possible Group Member |
C/O MOHAWK INDUSTRIES INC, 2001 ANTIOCH ROAD, DALTON GA 30721 |
| Rodney David Patton |
officer: General Counsel - VP |
5855 RIVERMOND DRIVE, ATLANTA GA 30328 |
| Jeffrey S Lorberbaum |
director, officer: President and CEO |
MOHAWK INDUSTRIES INC, P O BOX 12069, CALHOUN GA 30703 |
| Bernard Thiers |
director |
NESTOR DE TIERESTRAAT 128, EINE C9 9700 |
| Harkins William Wayne Ii |
officer: CAO and Corporate Controller |
160 SOUTH INDUSTRIAL BLVD, CALHOUN GA 30701 |
| Clifford Charles Suing |
officer: CAO and Corporate Controller |
160 SOUTH INDUSTRIAL BLVD, CALHOUN GA 30701 |
| Chistopher Wellborn |
director, officer: President-Dal-Tile |
MOHAWK INDUSTRIES INC, P O BOX 12069, CALHOUN GA 30703 |
| Jerry W Burris |
director |
5500 WAYZATA BLVD., SUITE 600, GOLDEN VALLEY MN 55416 |
| James Brunk |
director, officer: Corporate Controller and CAO |
251 MISTY HILL TRAIL, DALLAS GA 30132 |
| Steven Hyosig Lee |
officer: CAO and Corporate Controller |
160 SOUTH INDUSTRIAL BLVD, CALHOUN GA 30701 |
| Frank H Boykin |
director, officer: Vice President-Finance & CFO |
2042 OLD FORGE WAY, MARIETTA GA 30068 |
| De Cock Paul F |
officer: President-Flooring NA |
ALPHONSE RENARDSTRAAT 41, ELSENE C9 1050 |
| Filip Balcaen |
director |
PAULINE VAN POTTELSBERGHELAAN 10, 9051 SINT-DENIJS-WESTREM, GENT C9 9051 |
| John Engquist |
director |
H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816 |
| Bruce Bruckmann |
director |
C/O MOHAWK INDUSTRIES INC, P O BOX 12069, CALHOUN GA 30703 |
Mohawk Industries (Mohawk Industries) Headlines
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