Mohawk Industries Inc (MHK)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 646,000 | -354,509 | 183,893 | 1,289,990 | 584,374 |
| Revenue | US$ in thousands | 10,836,900 | 11,135,100 | 11,737,100 | 11,200,600 | 9,552,200 |
| Pretax margin | 5.96% | -3.18% | 1.57% | 11.52% | 6.12% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $646,000K ÷ $10,836,900K
= 5.96%
The pretax margin of Mohawk Industries Inc has been fluctuating over the past five years. The trend shows an initial increase from 6.12% in December 2020 to 11.52% in December 2021, indicating improved profitability. However, there was a significant decline in December 2022 to 1.57%, followed by a negative pretax margin of -3.18% in December 2023, suggesting potential financial challenges during that period. The pretax margin recovered slightly to 5.96% in December 2024.
Overall, the pretax margin performance of Mohawk Industries Inc indicates volatility and inconsistency in profitability levels over the years, which may necessitate further investigation into the company's financial management and operational efficiency.
Peer comparison
Dec 31, 2024