Mohawk 10-Q Details Q3 EPS of $2.72, $897.8M Nine-Month Operating Cash Flow, New $500M Buyback
MHK sits 48% above its 52-week low of $92.99.
Summary
Mohawk's Q3 10-Q confirms EPS of $2.72 on $2.79B sales, with operating income up 37% and nine-month operating cash flow of $897.8M funding $385.5M of buybacks — plus a new $500M repurchase authorization approved October 26.
Key Events · Earnings and Guidance · MHK
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Q3 EPS $2.72, Sales Up 1.0%
Net sales were $2,786.0M versus $2,757.9M a year ago; net earnings attributable to Mohawk were $163.1M, or $2.72 diluted EPS, versus $1.75.
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Operating Income Jumps 37.3%
Operating income rose to $187.7M from $136.7M, helped by price/mix and $62.0M of IEEPA tariff refunds credited to cost of sales year-to-date ($12.8M in Q3).
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Nine-Month Operating Cash Flow $897.8M
Cash from operations reached $897.8M versus $596.6M a year earlier, funding $271.5M of capex and $385.5M of share repurchases.
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New $500M Buyback Approved
The 2025 $500M program was exhausted October 20, 2026; the board approved a new $500M program on October 26, 2026. Q3 repurchases were 2.0M shares at an average $130.2.
Analysis · MHK · Manufacturing
The headline numbers were already out on October 29, but the full 10-Q confirms the quality of the quarter: operating income rose 37.3% to $187.7M on only 1.0% sales growth, driven by price/mix and $62.0M of IEEPA tariff refunds flowing through cost of sales. Cash generation is the bigger story — $897.8M from operations in nine months versus $596.6M a year ago — and management put it to work, buying back $385.5M of stock year-to-date versus $108.7M in 2025. The 2025 authorization was exhausted October 20 and a fresh $500M program was approved October 26, so the buyback continues at scale. Offsets: demand remains soft in residential markets, and the Belgian tax dispute (~€1.2 billion of assessments) is still unresolved.
How filings like this one have moved
In the 30 days to Oct 30, 2026, 30.6% of the 1552 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, MHK was trading at $137.91 on NYSE in the Manufacturing sector, with a market capitalization of approximately $8.3B. The 52-week trading range was $92.99 to $141.17. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.