Mohawk Industries (MHK) Gross Margin (2009 - 2026)
Mohawk Industries' Gross Margin came in at 26.58% for Q2 2026, up 1.08 percentage points from 25.50% a year earlier and up 3.06 percentage points from the prior quarter.
Mohawk Industries (MHK) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 4, 2026, Mohawk Industries reported Gross Margin of 24.28%, down 0.16 percentage points year-over-year; for FY2025, it was 23.87%, down 0.92 percentage points from FY2024.
- Gross Margin carries a five-year change of -1.57 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 24.79% in FY2024 (+0.49 pp), 24.30% in FY2023 (-0.78 pp), 25.08% in FY2022 (-4.11 pp) and 29.18% in FY2021 (+3.74 pp).
- The Q2 2026 figure represents the highest quarterly Gross Margin since Q2 2022.
- Year-over-year, Gross Margin increased in three of the last eight quarters, with an average year-over-year change of -0.33 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2023 (a gain of 3.51 percentage points), and the weakest in Q4 2022 (a drop of 5.80 percentage points).
- Business Quant data shows MHK's Gross Margin at 23.52% (Q1 2026), 23.05% (Q4 2025) and 23.75% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 102.75 Bn | 97.47 Bn | 2.26 Bn | 35.57% |
| 2 | Johnson Controls International | 90.01 Bn | 87.74 Bn | 2.47 Bn | 37.41% |
| 3 | Comfort Systems Usa | 51.61 Bn | 46.86 Bn | 844.23 Mn | 25.85% |
| 4 | Carrier Global | 45.80 Bn | 40.11 Bn | 1.94 Bn | 30.59% |
| 5 | Otis Worldwide | 27.26 Bn | 23.68 Bn | 1.14 Bn | 29.52% |
| 6 | James Hardie Industries | 14.86 Bn | 13.93 Bn | 548.70 Mn | 37.21% |
| 7 | Masco | 14.53 Bn | 12.38 Bn | 868.00 Mn | 43.57% |
| 8 | Allegion | 13.32 Bn | 12.03 Bn | 517.50 Mn | 44.94% |
| 9 | Carlisle Companies | 13.28 Bn | 9.63 Bn | 568.40 Mn | 36.20% |
| 10 | Mohawk Industries | 7.02 Bn | 3.93 Bn | 795.10 Mn | 26.58% |
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 26.58% |
| Apr 4, 2026 | 23.52% |
| Dec 31, 2025 | 23.05% |
| Sep 27, 2025 | 23.75% |
| Jun 28, 2025 | 25.50% |
| Mar 29, 2025 | 23.09% |
| Dec 31, 2024 | 23.53% |
| Sep 28, 2024 | 25.47% |
| Jun 29, 2024 | 25.84% |
| Mar 30, 2024 | 24.24% |
| Dec 31, 2023 | 24.43% |
| Sep 30, 2023 | 25.02% |
| Jul 1, 2023 | 24.81% |
| Apr 1, 2023 | 22.93% |
| Dec 31, 2022 | 20.92% |
| Oct 1, 2022 | 24.46% |
| Jul 2, 2022 | 27.69% |
| Apr 2, 2022 | 26.60% |
| Dec 31, 2021 | 26.71% |
| Oct 2, 2021 | 29.72% |
Mohawk Industries Gross Margin 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=gross-margin&ticker=MHK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MHK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MHK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();