Mohawk Industries
MHK
#2035
Rank
$7.24 B
Marketcap
$113.44
Share price
3.17%
Change (1 day)
15.53%
Change (1 year)

Operating Margin for Mohawk Industries (MHK)

Operating Margin as of April 2024 (TTM): -2.15%

According to Mohawk Industries 's latest financial reports and stock price the company's current Operating Margin is -2.15%. At the end of 2022 the company had an Operating Margin of 2.01%.

Operating Margin history for Mohawk Industries from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20222.01%-83.3%
202112.03%80.44%
20206.67%-15.95%
20197.93%-27.22%
201810.90%-23.32%
201714.21%-0.65%
201614.31%40.83%
201510.16%4.02%
20149.77%33.45%
20137.32%11.71%
20126.55%22.61%
20115.34%-11.55%
20106.04%620.02%
20090.84%-104.98%
2008-16.86%-270.54%
20079.89%-6.83%
200610.61%12.01%
20059.48%-12.34%
200410.81%-0.19%
200310.83%-5.66%
200211.48%20.91%
20019.49%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
13.45%-725.58%๐Ÿ‡บ๐Ÿ‡ธ USA
21.72%-1,110.23%๐Ÿ‡บ๐Ÿ‡ธ USA
8.12%-477.67%๐Ÿ‡บ๐Ÿ‡ธ USA
6.05%-381.40%๐Ÿ‡บ๐Ÿ‡ธ USA
21.63%-1,106.05%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.