Q3 2026 Financial Results

Mohawk Industries reported Q3 2026 net sales of $2.8 billion, up approximately 1%.

Net Earnings and EBITDA

Net earnings were $163 million or 5.9% of net sales with adjusted EBITDA of $353 million.

Diluted EPS and Share Repurchases

Diluted EPS was $2.72, up approximately 2%, and the company returned $261 million to shareholders.

Cash Flow and Free Cash Flow

Net cash provided by operating activities was $471 million with free cash flow of $390 million.

Q4 2026 Expectations

Mohawk expects Q4 2026 adjusted EPS of $1.35 to $1.45.

CEO Commentary

CEO Paul De Cock noted strong cash flow despite weak demand and rising inflation.

“We delivered a solid third quarter in a weak demand environment. We grew net sales as we executed price increases in response to rising inflation, we offset inflation with price, mix and productivity, and we are efficiently converting our earnings to strong cash flow. We are returning cash to shareholders, and our share repurchases in the third quarter were more than double what we completed in the first half of the year. Although we expect demand conditions to remain challenging and higher costs to persist, our teams are focused on serving our customers and delivering solid fourth quarter results.”