MOHAWK INDUSTRIES INC (MHK) Form 8-K — Oct 29, 2026
$MHKForm 8-KItems 2.02, 7.01, 8.01, 9.01Filed Oct 29, 2026, 4:19 PM ET0000851968-26-000038Original filing
Mohawk Industries (NYSE: MHK) reported Q3 2026 net sales of $2.8 billion, up roughly 1% (approximately flat adjusted), with net earnings of $163 million and diluted EPS of $2.72, up about 2% on an adjusted basis. Free cash flow was a highlight at $390 million for the quarter and $626 million year-to-date, up 78%, while adjusted volumes declined roughly 4% on soft demand. The company returned $261 million via buybacks in Q3 and completed its prior $500 million repurchase program, retiring about 7% of shares at an average of ~$119.
Key figures
- Eps
- 2.72
- Revenue
- 2786000000
- Guidance
- Q4 2026 adjusted EPS of $1.35 to $1.45; low single-digit adjusted net sales growth expected
- Net Income
- 163100000
- Revenue Yoy
- up approximately 1% (approximately flat adjusted)
- Cash Position
- 816800000
- Gross Proceeds
- 0
- Shares Outstanding
- weighted-average diluted 60.0 million for Q3 2026
- Q3 buybacks
- 261000000
- Ytd fcf growth
- up 78%
- Free cash flow q3
- 390400000
- Adjusted ebitda q3
- 353400000
- Free cash flow ytd
- 626300000
- Q4 buybacks to date
- 34000000
- Shares repurchased q3
- 2.0 million
- Adjusted ebitda margin
- 12.7%
- Operating cash flow q3
- 471200000
- Long term leverage target
- up to 2.0x net debt to adjusted EBITDA
- Capex full year expectation
- 445000000
- Net debt to adjusted ebitda
- 0.7
- Baseline annual capex target
- 375000000
- Share repurchase authorization
- 500000000
- Prior program shares repurchased
- approximately 7% of shares outstanding at average price of approximately $119
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