The Moat Index

MOHAWK INDUSTRIES, INC.

MHK · Consumer Discretionary · FY2025 filings · Shallow moat ·

Doesn't clear the bar

42/ 100
Shallow moat

The four filters

Pricing power39

Median gross margin 26.1% over 10y, stable.

Returns on capital19

Median ROIC 7.0%, above the 9% hurdle in 30% of years.

Balance-sheet safety86

Net debt/EBITDA 1.0x, interest coverage 28x.

Capital discipline37

Owner earnings -5.1%/yr, share count shrinking (buybacks).

Margin of safety

Above valueOn sale
No price data
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.

FY2007–FY2025 · 19 fiscal years, normalized from MHK’s SEC filings

RevenueSales, as filed$10.8B FY2025
$0$5B$10B2007201320192025
Gross marginRevenue kept after cost of goods23.9% FY2025
0%20%2007201320192025
Return on invested capitalOperating profit on the capital employed4.0% FY2025
−20%0%2007201320192025
Owner earningsCash an owner could take out$582.5M FY2025
−$1B$0$1B2007201320192025

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

3 logged readings since Jul 17, 2026 · append-only, never rewritten

Moat Score over timeLast scored reading of each day, on the 0–100 scale41.9 / 100
0406080100WideNarrowShallowNo moatJul 17, 2026

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

  1. #198ACI Albertsons Companies, Inc.42.1 out of 100, Shallow moatShallow moat
  2. #199AOUT American Outdoor Brands, Inc.42.0 out of 100, Shallow moatShallow moat
  3. #201NDLS NOODLES & COMPANY41.4 out of 100, Shallow moatShallow moat
  4. #202SCI SERVICE CORPORATION INTERNATIONAL41.3 out of 100, Shallow moatShallow moat

Compare MHK with its nearest peersAll 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.
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MOHAWK INDUSTRIES, INC. (MHK) Moat Score — The Moat Index · Buy Like Buffett