Mohawk Industries Inc

Industry: Textiles

Fortune Rank: 392

For the nine months ended 1 October 2005, Mohawk Industries Inc.'s revenues increased 9% to $4.81B. Net income increased 2% to $272.5M. Revenue reflects an increase in sales due to new residential construction & commercial channels. Net income was partially offset by an increase in cost of sales, higher selling, general and administrative expenses, a decrease in operating income. The company manufactures woven & tufted broadloom carpet.

Mohawk Industries, Inc. (Mohawk) is engaged in the production of floor covering products for residential and commercial applications in the United States through its three primary operating subsidiaries: Mohawk Carpet Corporation, Aladdin Manufacturing Corporation and Dal-Tile International Inc. The Company has two operating segments, the Mohawk segment and the Dal-Tile segment. The Mohawk segment designs, manufactures, sources, distributes and markets its floor covering product lines, which include carpet, rugs, ceramic tile, hardwood, resilient and laminate, in a range of colors, textures and patterns for residential and commercial applications. The Dal-Tile segment designs, manufactures, sources and markets a broad line of ceramic tile, porcelain tile and natural stone products used in the residential and commercial markets for both new construction and remodeling.

Mohawk Industries Inc

Mohawk Industries Inc achieved revenue of $5,344.00 million in 2010 but posted a loss of $-5.50 million.

Mohawk Industries Inc's rank changes

The company's ranking in 2010 was a decline from 2009 when it was ranked 367th on the Fortune 500. The Previous ranking was based on its 2009 revenue of $6,826 million (a change of -1 million compared to 2010) and profits of $-1,458 million (a change of -5 million compared to 2010).

Another point of view

To many investors, profits are more important than revenue a company earns, If the Fortune 500 was ranked by profits instead of revenue then Mohawk Industries Inc would be ranked 401st rather than 392nd due to the fact it made a loss of $-6 million in 2010.

Mohawk Industries Inc Revenue* Profit* Fortune Ranking
20105,344-6392
20096,826-1,458367
20087,586707328
20077,906456304
20066,620358327

* US$ Million

USPages Latest Business News At A Glance Business Shortcuts