UNITED STATES SECURITIES AND EXCHANGE COMMISSION OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 01-13697 MOHAWK INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Washington, D.C. 20549 FORM 10-K [Mark One] ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 | Delaware | | | 52-1604305 | | --- | --- | --- | ...

Mohawk Industries, Inc. (NYSE:MHK) Q4 2021 Earnings Conference Call February 11, 2022 11:00 AM ET Company Participants James Brunk - Chief Financial Officer Jeff Lorberbaum - Chairman & Chief Executive Officer Chris Wellborn - President & Chief Operating Officer Conference Call Participants Truman Patterson - Wolfe Research Eric Bosshard - Cleveland Research Adam Baumgarten - Zelman Susan Maklari - Goldman Sachs Mike Dahl - RBC Capital Markets Michael Rehaut - JPMorgan Phil Ng - Jefferies Keith Hughes - Tru ...

Financial Data and Key Metrics Changes - Net sales for Q3 2021 rose 9% year-over-year to approximately $2.8 billion, with adjusted EPS at $3.95 per share, reflecting strong performance despite supply chain challenges [7][22] - Gross margin increased to 29.7%, up from 28.3% last year, driven by improved pricing and mix, offsetting inflation [18][19] - Operating margin was reported at 12.8%, improving from 11.5% in the prior year, attributed to better pricing and productivity gains [20][22] Business Line Data and Key Metrics Changes - Global ceramic sales reached just under $1 billion, a 9.6% increase, with operating margin excluding charges at 11.9%, up 160 basis points [23][24] - Flooring North America sales exceeded $1 billion, a 6.9% increase, with operating margin at 11.4%, an increase of 320 basis points [25][26] - Flooring Rest of the World sales exceeded $760 million, a 12.7% increase, with operating margin at 17.4%, a decrease due to material constraints and COVID lockdowns [27][28] Market Data and Key Metrics Changes - The commercial sector showed improvement, although at a slower rate due to COVID concerns delaying project timelines [8] - European operations faced significant challenges with natural gas costs rising to about four times earlier levels, impacting margins [12][61] - Inventory levels increased by approximately 20% year-over-year, primarily due to higher material costs and transportation delays [30] Company Strategy and Development Direction - The company is focused on enhancing organizational flexibility, reducing operational complexity, and aligning pricing with costs to improve margins [9][10] - Investments are being made to expand production capacity in response to growing demand, particularly in laminate and LVT segments [39][92] - The company plans to continue implementing price increases to offset rising material and energy costs [66][81] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about long-term growth, citing robust new home construction and residential remodeling trends [67][68] - The company anticipates continued inflationary pressures but expects to align pricing with costs over time [66][130] - Management noted that the fourth quarter would see typical seasonal patterns, with operations running at high levels to improve service and inventory [64][101] Other Important Information - The company generated over $1.9 billion of EBITDA for the trailing 12 months, with a strong balance sheet supporting further investments and acquisitions [15][32] - A stock purchase program was increased by an additional $500 million, with approximately $250 million repurchased since the end of Q2 [15][32] Q&A Session Summary Question: Natural gas headwind impact - Management indicated that the $25 million headwind in Q4 is expected to be a significant factor going forward, with gas prices being highly volatile [71][72] Question: Flooring Rest of World profitability outlook - Management noted that margins are historically high, but inflation and material costs will continue to impact profitability [74][75] Question: Fourth quarter margin expectations - Management expects typical seasonality in Q4, with continued supply and labor constraints affecting margins [78][80] Question: Capital investments for 2022 - Planned capital expenditures for 2022 are estimated at approximately $800 million, focusing on expanding production capacity [91][92] Question: Competition and market share - Management believes they are performing well relative to imports, but inventory levels and distribution changes complicate the assessment [93][94] Question: Production constraints in North America - LVT production is the most constrained due to material shortages, while carpet production is less affected [96][97] Question: European ceramic pricing challenges - Management confirmed that Ceramic Europe is the most impacted by pricing pressures, while other segments have been able to push through price increases [134]

Mohawk Industries, Inc. (NYSE:MHK) Q2 2021 Earnings Conference Call July 30, 2021 11:00 AM ET Company Participants James Brunk - Chief Financial Officer Jeffrey Lorberbaum - Chairman and Chief Executive Officer Christopher Wellborn - President and Chief Operating Officer Conference Call Participants Eric Bosshard - Cleveland Research Company, LLC Michael Dahl - RBC Capital Markets Adam Baumgarten - Zelman & Associates Susan Maklari - Goldman Sachs Group, Inc. Michael Rehaut - JPMorgan Chase & Co. Keith Hugh ...

Financial Data and Key Metrics Changes - The company reported record sales of nearly $2.7 billion in Q1 2021, a 17% increase year-over-year, or 9% on a constant basis, with adjusted operating income of $329 million and an EPS of $3.49, marking a 110% improvement from the prior year [7][24] - Gross margin increased to 29.7% as reported, or 30.1% excluding charges, up from 27.5% in the prior year, driven by higher volume, productivity, and improved price mix [19][20] - SG&A expenses were reported at 17.8% of sales, down from 20.3% in the prior year, reflecting strong leverage on increased volume [21] Business Line Data and Key Metrics Changes - Global Ceramic sales reached $930 million, a 10% increase, with operating income excluding charges at 9.6%, up 400 basis points year-over-year [25] - Flooring North America reported sales of $969 million, a 14% increase, with operating income excluding charges at 9.3%, an increase of 410 basis points [26] - Flooring Rest of the World saw sales of $770 million, a 31% increase, with operating margin excluding charges at 20.9%, up 740 basis points [27] Market Data and Key Metrics Changes - The company noted strong geographic growth in Brazil, Mexico, and Russia, while the U.S. faced challenges due to severe weather impacting sales [25][26] - The order backlog remains robust, with most businesses operating at high production rates despite lower inventory levels [11][28] Company Strategy and Development Direction - The company is focused on restructuring plans that have achieved $75 million of anticipated savings, with a total target of $100 million to $110 million [16] - Investments in the U.S. trucking fleet and local delivery systems have improved service consistency and efficiency [13] - The company plans to increase capital investments to expand business and capacity, leveraging a strong balance sheet [17][56] Management's Comments on Operating Environment and Future Outlook - Management anticipates continued economic strengthening globally, supported by government actions and vaccination programs reducing COVID-related disruptions [14] - The company expects second quarter adjusted EPS to be between $3.57 and $3.67, with strong residential demand and improving commercial sales anticipated [55] - Supply limitations and rising costs in raw materials, energy, and transportation may necessitate further price increases [55][69] Other Important Information - The company purchased $123 million of its stock at an average price of $179, totaling $686 million since the program's initiation [16] - Cash and short-term investments are approximately $1.3 billion, with free cash flow in the quarter of $145 million [28][30] Q&A Session Summary Question: Anticipated volume and margin growth in the second half - Management believes residential sales will remain strong, with commercial demand expected to improve, although some sales may be constrained by capacity or supply limitations [59][60] Question: Growth in laminate sales and market share - The company is experiencing significant growth in laminate sales, which is seen as gaining share from other laminate producers and competing effectively with LVT [64][66] Question: Carpet and ceramic growth outlook - The flooring category is increasing overall, with carpet expected to lose share but still grow in a higher growth market, while commercial carpet is anticipated to improve as demand rises [68] Question: Updates on LVT facility and cost-cutting initiatives - The U.S. LVT facility is improving, but PVC supply limitations are currently affecting operations; significant progress has been made in cost-cutting initiatives, with expected savings impacting margins positively [72][73] Question: Inventory situation and channel inventory - The company acknowledges low inventory levels with customers, which should support near-term demand; efforts are being made to improve service levels [90][91]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Commission File Number 01-13697 MOHAWK INDUSTRIES, INC. Washington, D.C. 20549 FORM 10-K [Mark One] ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) ...

It's Essential Investor Presentation February 2021 Forward-looking Statements Certain of the statements in this presentation may include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, which are subject to various risks and uncertainties including, but not limited to, those set forth in our press releases and our periodic filings with the Securities & Exchange Commission. 2 Mohawk Highlights KERAMA MARAZZI PORCELAIN TILE Park Güell Collection • World's largest ...

Mohawk Industries, Inc. (NYSE:MHK) Q4 2020 Earnings Conference Call February 12, 2021 11:00 AM ET Company Participants Frank Boykin - Chief Financial Officer Jeff Lorberbaum - Chief Executive Officer Jim Brunk - Corporate Controller Chris Wellborn - President, Chief Operating Officer and President-Global Ceramic Conference Call Participants Susan Maklari - Goldman Sachs Mike Dahl - RBC Capital Markets Justin Speer - Zelman & Associates Michael Rehaut - JP Morgan Matthew Bouley - Barclays Keith Hughes - Tru ...

Mohawk Industries, Inc. (NYSE:MHK) Q3 2020 Results Conference Call October 30, 2020 11:00 AM ET Company Participants Frank Boykin - Chief Financial Officer Jeff Lorberbaum - Chief Executive Officer Chris Wellborn - President, Chief Operating Officer and President-Global Ceramic Conference Call Participants Stephen Kim - Evercore ISI Tim Wojs - Baird Sam Darkatsh - Raymond James Mike Dahl - RBC Capital Markets Keith Hughes - Truist Securities Eric Bosshard - Cleveland Research Phil Ng - Jefferies Kathryn Tho ...

Company Overview - Mohawk is the world's largest flooring manufacturer and a market leader in all flooring categories[4] - The company has a strong balance sheet with over $2.4 billion in liquidity, including cash and available revolver[5] - Mohawk has a global presence with manufacturing in over 170 countries and sales in over 160 countries[5,19] Financial Performance - In Q2 2020, net sales were $2050 million, a decrease of 21% compared to Q2 2019[41] - Adjusted EBITDA for Q2 2020 was $184 million, with an adjusted EBITDA margin of 9%, compared to $420 million and 16% in Q2 2019[41] - The company issued over $1 billion of new bonds to reinforce liquidity[12,40] Segment Performance - Global Ceramic segment sales for 2020 (TTM) were $3377 million, a decrease of 7%[43] - Flooring North America segment sales for 2020 (TTM) were $3587 million, a decrease of 7%[43] - Flooring Rest of the World segment sales for 2020 (TTM) were $2316 million, a decrease of 7%[43] Market Position and Strategy - Mohawk participates in 20% of the worldwide ceramic market, and has 2% of the global market share[21] - The company is executing restructuring initiatives to benefit results and better position the business for the long term[40] - The U S flooring industry is a $27.6 billion market, with carpet and area rugs accounting for 41%, LVT for 17%, and ceramic for 14%[45]