Below are the financial statements of Mohawk Industries, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 10,836.9a | 11,135.1a | 11,737.1a |
| Cost of sales | -8,149.2a | -8,425.5a | -8,793.7a |
| Gross profit | 2,687.7a | 2,709.6a | 2,943.4a |
| Selling, general and administrative expenses | -1,984.8a | -2,119.7a | -2,003.4a |
| Impairment of goodwill and indefinite-lived intangibles | -8.2a | -877.7a | -695.8a |
| Operating income (loss) | 694.7a | -287.8a | 244.2a |
| Interest expense | -48.5a | -77.5a | -51.9a |
| Other (income) and expense, net | 0.2a | -10.8a | 8.4a |
| Earnings (loss) before income taxes | 646a | -354.5a | 183.9a |
| Income tax expense | -128.2a | -84.9a | -158.1a |
| Net earnings (loss) including noncontrolling interests | 517.8a | -439.4a | 25.8a |
| Less: net earnings attributable to noncontrolling interests | 0.1a | 0.1a | 0.6a |
| Net earnings (loss) attributable to Mohawk Industries, Inc. | 517.7a | -439.5a | 25.2a |
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