Mohawk Industries MHK
NYSE MHK
$115.66 -4.63 (-3.85%)
As of: Oct 19, 2026 · 3:59 PM EDT

Mohawk Industries (MHK) Debt Ratio (2009 - 2026)

Updated

Mohawk Industries' (MHK) Debt Ratio stood at 0.14 in Q2 2026, down 13.2% from 0.16 a year earlier and down 9.4% from the prior quarter.

Analysis

Mohawk Industries (MHK) Debt Ratio (2009 - 2026) Analysis & Trends

For FY2025, Mohawk Industries' Debt Ratio came in at 0.15, down 15.5% from FY2024.

  • Across earlier years, Debt Ratio came in at 0.18 in FY2024 (-12.2%), 0.20 in FY2023 (+0.2%), 0.20 in FY2022 (+22.2%) and 0.16 in FY2021 (-14.4%).
  • The Q2 2026 figure is the lowest quarterly Debt Ratio in data going back to Q4 2009.
  • On a year-over-year basis, Debt Ratio has declined for ten consecutive quarters, with an average decline of 13.3% over the last eight quarters.
  • Peak year-over-year performance for Debt Ratio in the last five years was growth of 22.8% in Q1 2023, against a decline of 17.1% in Q3 2024 at the low end.
  • Per Business Quant, the preceding three quarters came in at 0.15 (Q1 2026), 0.15 (Q4 2025) and 0.14 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Trane Technologies 102.75 Bn 97.47 Bn 2.26 Bn 0.19
2 Johnson Controls International 90.01 Bn 87.74 Bn 2.47 Bn 0.24
3 Comfort Systems Usa 51.61 Bn 46.86 Bn 844.23 Mn 0.01
4 Carrier Global 45.80 Bn 40.11 Bn 1.94 Bn 0.32
5 Otis Worldwide 27.26 Bn 23.68 Bn 1.14 Bn 0.76
6 James Hardie Industries 14.86 Bn 13.93 Bn 548.70 Mn 0.32
7 Masco 14.53 Bn 12.38 Bn 868.00 Mn 0.60
8 Allegion 13.32 Bn 12.03 Bn 517.50 Mn 0.38
9 Carlisle Companies 13.28 Bn 9.63 Bn 568.40 Mn 0.46
10 Mohawk Industries 7.02 Bn 3.93 Bn 795.10 Mn 0.14
Historic Data

Historic Data

Download Data
DateValue
Jul 4, 2026 0.14
Apr 4, 2026 0.15
Dec 31, 2025 0.15
Sep 27, 2025 0.14
Jun 28, 2025 0.16
Mar 29, 2025 0.18
Dec 31, 2024 0.18
Sep 28, 2024 0.16
Jun 29, 2024 0.18
Mar 30, 2024 0.19
Dec 31, 2023 0.20
Sep 30, 2023 0.20
Jul 1, 2023 0.21
Apr 1, 2023 0.22
Dec 31, 2022 0.20
Oct 1, 2022 0.19
Jul 2, 2022 0.17
Apr 2, 2022 0.18
Dec 31, 2021 0.16
Oct 2, 2021 0.16
API Access

Mohawk Industries Debt Ratio API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=debt-ratio&ticker=MHK&period=max&api_key=YOUR_API_KEY