Mohawk Industries Inc (MHK)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 645,900 | 688,033 | -259,102 | -330,928 | -354,509 | -471,673 | -244,482 | -13,770 | 183,893 | 387,213 | 1,250,362 | 1,292,374 | 1,289,993 | 1,323,782 | 1,227,393 | 751,744 | 584,376 | 464,172 | 393,747 | 728,085 |
| Revenue (ttm) | US$ in thousands | 10,836,900 | 10,811,980 | 10,859,170 | 11,008,300 | 11,135,120 | 11,173,520 | 11,324,870 | 11,527,630 | 11,737,070 | 11,847,130 | 11,746,610 | 11,547,250 | 11,200,620 | 11,081,640 | 10,839,490 | 9,935,460 | 9,552,190 | 9,334,940 | 9,279,250 | 9,813,930 |
| Pretax margin | 5.96% | 6.36% | -2.39% | -3.01% | -3.18% | -4.22% | -2.16% | -0.12% | 1.57% | 3.27% | 10.64% | 11.19% | 11.52% | 11.95% | 11.32% | 7.57% | 6.12% | 4.97% | 4.24% | 7.42% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $645,900K ÷ $10,836,900K
= 5.96%
The pretax margin of Mohawk Industries Inc has shown some fluctuation over the given period. Starting at 7.42% on March 31, 2020, the margin dropped to 4.24% by June 30, 2020, before gradually increasing to 11.95% by September 30, 2021. Subsequently, the pretax margin remained relatively high, ranging between 10.64% and 11.52% until June 30, 2022. However, there was a significant decline in the pretax margin to 1.57% by December 31, 2022, and further dropping to negative figures in the subsequent quarters, reaching a low of -4.22% on September 30, 2023. The margin then showed signs of recovery, turning positive again at 6.36% on September 30, 2024, and stabilizing at 5.96% by December 31, 2024. These fluctuations in the pretax margin indicate the company's varying ability to generate profit before accounting for taxes, highlighting periods of profitability and challenges within the business operations.
Peer comparison
Dec 31, 2024