Global flooring manufacturer Mohawk Industries, Inc. has reported an increase in fourth quarter revenue.
According to its latest trading update for Q4 2025, net sales rose 2.4% to $2.7bn. Net earnings resulted at $90m.
For the 12 months ended 31 December 2025, net sales fell slightly by 0.5% to $10.8bn, while net earnings resulted at $370m.
Chairman and CEO Jeff Lorberbaum stated: “Our results for the quarter were in line with our expectations as our earnings benefited from productivity, restructuring initiatives, product mix and lower interest expense, partially offset by market pricing pressures and increased input costs.
“We managed the impact of U.S. tariffs, covering the cost as planned. Across our markets, commercial demand remained stable, though continued weakness in housing turnover and sluggish new home construction in the U.S. impacted our volume.
“For the year, we generated free cash flow of approximately $621 million and repurchased approximately 1.3 million shares of our stock for approximately $150 million as part of our current stock buyback authorization.
“Approximately 55% of our 2025 sales were in the U.S., 30% were in Europe and 15% were in other geographies.
“We took actions throughout 2025 to stimulate sales and enhance our mix in soft markets through innovative product introductions, marketing actions and promotional programs. Our premium product launches delivered differentiated design and performance features to incentivize remodeling, and our new commercial collections helped us gain momentum in both new construction and remodeling projects.
“To partially cover inflation, we took pricing actions in regions and product categories as market conditions allowed. We initiated numerous restructuring actions and operational improvements that lowered our cost position and will benefit our longer term performance, including the fourth quarter write-off of idle assets and the consolidation of inefficient operations and administrative costs.
“In 2025, our markets did not improve, and, in response, we reduced our capital spending to $435 million, about 30% below our depreciation levels. We continue to take the proper actions to manage the present environment, pursue profitable growth opportunities and strengthen our position when housing markets rebound.”
