Question 1

What is Mohawk Industries's P/E ratio?

Accepted Answer

Mohawk Industries (MHK) P/E ratio is 16.4× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Mohawk Industries?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Mohawk Industries specifically, the relevant sector benchmark is the current sector median of 21.7×.

Question 5

Is Mohawk Industries's P/E ratio high or low?

Accepted Answer

Mohawk Industries's P/E ratio of 16.4× is below its own 5-year average of 32.2× and below the sector median of 21.7×. That places the current reading at the 68th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Mohawk Industries's historical P/E ratio range?

Accepted Answer

In the available daily series, Mohawk Industries (MHK) P/E ratio has ranged from a low of 5.8× in 2022 to a high of 269.4× in 2023. The 5-year average is 32.2× and the 5-year median is 14.4×.

Question 7

What was Mohawk Industries's P/E ratio in 2025?

Accepted Answer

Mohawk Industries (MHK) P/E ratio at the end of 2025 was 18.2×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Mohawk Industries's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$6.73B	$370M	18.2×	+3.7×	Dec 31, 2025
2024	$7.48B	$518M	14.5×	—	Dec 31, 2024
2023	$6.59B	-$440M	—	—	Dec 31, 2023
2022	$6.49B	$25.5M	254.7×	+242.8×	Dec 31, 2022
2021	$12.2B	$1.03B	11.9×	-7.5×	Dec 31, 2021
2020	$10B	$516M	19.4×	+6.3×	Dec 31, 2020
2019	$9.77B	$744M	13.1×	+3.1×	Dec 31, 2019
2018	$8.64B	$862M	10.0×	-11.1×	Dec 31, 2018
2017	$20.5B	$972M	21.1×	+5.2×	Dec 31, 2017
2016	$14.8B	$930M	15.9×	-6.8×	Dec 31, 2016
2015	$14B	$615M	22.8×	+1.5×	Dec 31, 2015
2014	$11.3B	$532M	21.3×	-9.7×	Dec 31, 2014
2013	$10.8B	$349M	31.0×	+6.0×	Dec 31, 2013
2012	$6.25B	$250M	25.0×	+1.3×	Dec 31, 2012
2011	$4.12B	$174M	23.7×	+2.7×	Dec 31, 2011
2010	$3.89B	$185M	21.0×	—	Dec 31, 2010
2009	$3.26B	-$5.5M	—	—	Dec 31, 2009
2008	$2.94B	-$1.46B	—	—	Dec 31, 2008
2007	$5.08B	$707M	7.2×	-4.1×	Dec 31, 2007
2006	$5.07B	$448M	11.3×	-5.0×	Dec 31, 2006
2005	$5.85B	$358M	16.3×	-0.2×	Dec 31, 2005
2004	$6.09B	$369M	16.5×	+1.4×	Dec 31, 2004
2003	$4.67B	$310M	15.1×	+1.8×	Dec 31, 2003
2002	$3.78B	$284M	13.3×	—	Dec 31, 2002


Ulta Beauty (ULTA)	19.6×
Avery Dennison (AVY)	19.3×
Darden Restaurants (DRI)	19.1×
Williams-Sonoma (WSM)	19.1×
Expedia Group (EXPE)	18.9×
Domino's Pizza (DPZ)	17.7×
Etsy (ETSY)	16.9×
Ball (BALL)	16.8×
Royal Caribbean Cruises (RCL)	16.6×
GameStop (GME)	15.6×
D.R. Horton (DHI)	15.3×
Norwegian Cruise Line (NCLH)	15.0×
Hasbro (HAS)	15.0×
NVR (NVR)	14.8×
LKQ (LKQ)	14.5×
Deckers Outdoor (DECK)	13.8×
Lennar (LEN)	13.5×
Weyco Group (WEYS)	12.8×
Carnival Corporation (CCL)	12.4×
KB Home (KBH)	11.7×
Best Buy Co. (BBY)	11.1×
PDD Holdings (PDD)	10.7×
Toll Brothers (TOL)	10.5×
Lululemon Athletica (LULU)	10.2×
Leggett & Platt (LEG)	6.1×

P/E Ratio for Mohawk Industries (MHK) 2002-2026

P/E Ratio daily chart for Mohawk Industries (MHK)

Historical P/E Ratio for Mohawk Industries (MHK) from 2002 to 2025

About P/E Ratio at Mohawk Industries (MHK)

Mohawk Industries P/E Ratio by Year

Mohawk Industries P/E Ratio 2025: 18.2×

Mohawk Industries P/E Ratio 2024: 14.5×

Mohawk Industries P/E Ratio 2022: 254.7×

Mohawk Industries P/E Ratio 2021: 11.9×

Mohawk Industries P/E Ratio 2020: 19.4×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Mohawk Industries (MHK) Key Financials