Mohawk Historical Income Statement
MHK Stock | USD 109.95 1.07 0.98% |
Historical analysis of Mohawk Industries income statement accounts such as Gross Profit of 1.7 B can show how well Mohawk Industries performed in making a profits. Evaluating Mohawk Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Mohawk Industries's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Mohawk Industries latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Mohawk Industries is a good buy for the upcoming year.
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About Mohawk Income Statement Analysis
Mohawk Industries Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Mohawk Industries shareholders. The income statement also shows Mohawk investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Mohawk Industries Income Statement Chart
Mohawk Industries Income Statement is one of the three primary financial statements used for reporting Mohawk's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Mohawk Industries revenue and expense. Mohawk Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Mohawk Industries' Depreciation And Amortization is quite stable compared to the past year. Income Tax Expense is expected to rise to about 110.5 M this year, although the value of Gross Profit will most likely fall to about 1.7 B. Add Fundamental
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts Mohawk Industries generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Mohawk Industries minus its cost of goods sold. It is profit before Mohawk Industries operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Mohawk Industries. It is also known as Mohawk Industries overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Mohawk Industries income statement and represents the costs associated with goods and services Mohawk Industries provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Mohawk Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Mohawk Industries current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mohawk Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more information on how to buy Mohawk Stock please use our How to buy in Mohawk Stock guide.At this time, Mohawk Industries' Depreciation And Amortization is quite stable compared to the past year. Income Tax Expense is expected to rise to about 110.5 M this year, although the value of Gross Profit will most likely fall to about 1.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 57.3M | 51.9M | 77.5M | 71.2M | Depreciation And Amortization | 591.7M | 595.5M | 630.3M | 661.8M |
Mohawk Industries income statement Correlations
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Mohawk Industries Account Relationship Matchups
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Mohawk Industries income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 576.5M | 607.5M | 591.7M | 595.5M | 630.3M | 661.8M | |
Interest Expense | 41.3M | 52.4M | 57.3M | 51.9M | 77.5M | 71.2M | |
Total Revenue | 10.0B | 9.6B | 11.2B | 11.7B | 11.1B | 6.4B | |
Gross Profit | 2.7B | 2.4B | 3.3B | 2.9B | 2.7B | 1.7B | |
Other Operating Expenses | 9.1B | 8.9B | 9.9B | 10.8B | 10.5B | 5.9B | |
Operating Income | 214.4M | 29.2M | 755.5M | 931.6M | (287.8M) | (273.4M) | |
Ebit | 214.4M | 29.2M | 755.5M | 931.6M | (287.8M) | (273.4M) | |
Ebitda | 790.8M | 636.8M | 1.3B | 1.5B | (287.8M) | (273.4M) | |
Cost Of Revenue | 7.3B | 7.1B | 7.9B | 8.8B | 8.4B | 4.7B | |
Total Operating Expenses | 1.8B | 1.8B | 1.9B | 2.0B | 2.1B | 1.3B | |
Income Before Tax | 749.5M | 584.4M | 1.3B | 183.9M | (354.5M) | (336.8M) | |
Total Other Income Expense Net | 535.2M | 555.1M | 534.5M | (747.7M) | (66.7M) | (63.4M) | |
Net Income | 744.2M | 515.6M | 1.0B | 25.2M | (439.5M) | (417.5M) | |
Income Tax Expense | 5.0M | 68.6M | 256.4M | 158.1M | 84.9M | 110.5M | |
Selling General Administrative | 1.7B | 1.7B | 1.8B | 1.9B | 2.1B | 1.3B | |
Net Income Applicable To Common Shares | 744.2M | 515.6M | 1.0B | 25.2M | 29.0M | 27.6M | |
Minority Interest | 360K | 132K | (389K) | (536K) | (301K) | (286.0K) | |
Net Income From Continuing Ops | 744.6M | 515.7M | 1.0B | 25.8M | (545.2M) | (518.0M) | |
Non Operating Income Net Other | (36.4M) | 751K | 12.2M | (8.4M) | (7.5M) | (7.9M) | |
Tax Provision | 5.0M | 68.6M | 256.4M | 158.1M | 73.6M | 135.9M | |
Interest Income | 34.1M | 52.4M | 57.3M | 51.9M | 46.7M | 40.6M | |
Net Interest Income | (41.3M) | (52.4M) | (57.3M) | (51.9M) | (74.7M) | (78.5M) | |
Reconciled Depreciation | 576.5M | 607.5M | 591.7M | 595.5M | 635.1M | 624.6M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mohawk Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more information on how to buy Mohawk Stock please use our How to buy in Mohawk Stock guide.Note that the Mohawk Industries information on this page should be used as a complementary analysis to other Mohawk Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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When running Mohawk Industries' price analysis, check to measure Mohawk Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mohawk Industries is operating at the current time. Most of Mohawk Industries' value examination focuses on studying past and present price action to predict the probability of Mohawk Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mohawk Industries' price. Additionally, you may evaluate how the addition of Mohawk Industries to your portfolios can decrease your overall portfolio volatility.
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Is Mohawk Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mohawk Industries. If investors know Mohawk will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mohawk Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.194 | Earnings Share (6.90) | Revenue Per Share 174.924 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0368 |
The market value of Mohawk Industries is measured differently than its book value, which is the value of Mohawk that is recorded on the company's balance sheet. Investors also form their own opinion of Mohawk Industries' value that differs from its market value or its book value, called intrinsic value, which is Mohawk Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mohawk Industries' market value can be influenced by many factors that don't directly affect Mohawk Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mohawk Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mohawk Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mohawk Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.