MHK - Mohawk Industries Inc
Company Overview
Name
Mohawk Industries Inc
Tickers
MHK
Exchanges
NYSE
Employees
43300
Founded
2000
Sector Information
Other Information
CIK
851968
Category
Large accelerated filer
1-Line Summary
Mohawk Industries is a leading global flooring manufacturer offering a wide range of products for residential and commercial spaces.
Company summary
Mohawk Industries, Inc. is one of the world's leading manufacturers of flooring products, catering to both residential and commercial markets. The company operates through three major segments: Global Ceramic, Flooring North America (Flooring NA), and Flooring Rest of the World (Flooring ROW). Mohawk's extensive product range includes ceramic tiles, laminate, wood, stone, luxury vinyl tile (LVT), and sheet vinyl flooring, which they market under a broad array of well-known brands such as Daltile, Karastan, Pergo, and Quick-Step. With a robust network of manufacturing operations across various countries, Mohawk combines vertical integration with innovative design to provide customers with high-quality flooring solutions.
The company's business model emphasizes optimization and continuous improvement of their operations while maintaining a strong emphasis on sustainability. Mohawk has successfully transformed from a national carpet manufacturer to a global flooring giant, generating significant revenue from international markets. Their market strategy is supported by ongoing investments in product innovation and manufacturing technology, enabling them to adapt to changing consumer preferences and to capitalize on emerging markets. With an annual revenue of $11.1 billion, Mohawk’s presence is felt in over 170 countries, making it a key player in the global flooring industry.
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