MOHAWK INDUSTRIES, INC.
MHK · Consumer Discretionary · FY2025 filings · Shallow moat ·
Doesn't clear the bar
The four filters
Median gross margin 26.1% over 10y, stable.
Median ROIC 7.0%, above the 9% hurdle in 30% of years.
Net debt/EBITDA 1.0x, interest coverage 28x.
Owner earnings -5.1%/yr, share count shrinking (buybacks).
Margin of safety
- Owner earnings (normalized)
- $582.5M
- Est. intrinsic value / share
- —
- Recent price
- $111.50
- Discount to value
- No price data
Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).
19 years of fundamentals
The business, in plain English
MOHAWK INDUSTRIES, INC. booked $10.8B of revenue in FY2025 in the Consumer Discretionary sector and kept 23.9% of it as gross profit — a moderate-margin business by that measure. After every other cost, 3.4% of each revenue dollar reached the bottom line.
Across the filed record, revenue grew from $6.8B (FY2008) to $10.8B (FY2025) — about 2.7% a year compounded over 17 years.
It earned 4.0% on invested capital in FY2025, with a median of 6.8% across 18 filed years. The Returns on Capital filter above scores it 19/100.
The balance sheet carried $2.0B of total debt in FY2025 against $582.5M of owner earnings — roughly 3.5 years of owner earnings to retire it all. Balance-Sheet Safety scores it 86/100.
Put together: Balance-Sheet Safety is the strongest of the four filters (86/100) and Returns on Capital the weakest (19/100), which is how MHK lands at 42/100 — a Shallow moat.
This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.
Gaps in a line mean that item isn’t in MHK’s filings for that year — the series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.
Moat Score history
Score history begins Jul 17, 2026 — the record builds from here and can’t be backfilled.
Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars
None yet — MHK has read Shallow moat for every logged capture since Jul 17, 2026.
Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.
Consumer Discretionary context
#200 of 340 scored Consumer Discretionary companies, ranked by Moat Score.
Nearest peers by Moat Score
- #198ACI Albertsons Companies, Inc.42.1 out of 100, Shallow moatShallow moat
- #199AOUT American Outdoor Brands, Inc.42.0 out of 100, Shallow moatShallow moat
- #201NDLS NOODLES & COMPANY41.4 out of 100, Shallow moatShallow moat
- #202SCI SERVICE CORPORATION INTERNATIONAL41.3 out of 100, Shallow moatShallow moat
Compare MHK with its nearest peers →All Consumer Discretionary companies on the Index →
Common questions about MHK
- Does MOHAWK INDUSTRIES, INC. have an economic moat?
- Based on its FY2025 SEC filings, the Moat Index scores MOHAWK INDUSTRIES, INC. (MHK) 41.9 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 39, returns on capital 19, balance-sheet safety 86, capital discipline 37.
- How has MHK's Moat Score changed over time?
- The record logs 3 readings since Jul 17, 2026; the latest reads 41.9 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.