Global flooring manufacturer Mohawk Industries, Inc. has reported a decline in half year sales while Q2 revenues were flat as well as publishing its latest Impact Report.
According to its latest trading update, net sales for the second quarter of 2025 were $2.8 billion, essentially flat as reported and a decrease of 0.8% adjusted for constant days and exchange rates versus the prior year. Net earnings resulted at $147 million.
For the six months ended June 2025, total sales were down 2.8% to $5.3 billion, while net earnings were $219 million.
Commenting on the Company’s second quarter, Chairman and CEO Jeff Lorberbaum stated: “In challenging conditions across our regions, our results reflect the impact of our ongoing operational improvements, cost containment actions and market development initiatives.
“Our premium residential and commercial products and new collections introduced during the past 24 months benefited our performance. Our restructuring actions are on schedule and delivering the expected savings as we have closed high-cost operations, eliminated inefficient assets, streamlined distribution and leveraged technology to improve our administrative and operational costs.
“Our global operations teams continue to identify productivity initiatives to lower our costs through enhancements to equipment, conserving energy, optimizing our supply chain and re-engineering products.
“Our industry faced continued pricing pressure from lower market volumes, which we are mitigating through strengthening product and channel mix.”
Mohawk has also published its 16th annual impact report, which highlights progress toward the Company’s sustainability goals, new environmentally friendly residential and commercial products, and activities that benefit the Company’s people and communities as well as the planet.
“At Mohawk, we invest in what works—solutions that reduce our environmental impact, strengthen our business and benefit our customers,” said Chairman and Chief Executive Officer Jeff Lorberbaum. “We engineer our products to reduce carbon emissions, increase recycled content, achieve circular design and extend their useful life. Our mission is to deliver eco-friendly products that captivate and inspire architects, designers, builders and, of course, consumers.”
As the world’s largest flooring company, Mohawk offers a comprehensive portfolio of residential and commercial products marketed in approximately 180 countries. These include a broad selection of sustainable products in ceramic tile, carpet, resilient, laminate and wood, as well as panels and insulation materials.
“For our customers, this report details the impact of our people, products and processes,” said Chief Sustainability Officer Malisa Maynard. “We showcase initiatives that demonstrate our sustainability leadership along with the data used to measure our progress. The impact report spotlights our global team and their actions to improve the world we all share. I am proud of their important work.”
Highlights of Mohawk’s 2024 impact report include:
SUSTAINABLE PRODUCT LEADERSHIP
- Products reflecting Mohawk’s sustainable leadership include SolidTech® R, a high performance waterproof, PVC-free flooring alternative made with recycled, single-use plastics and natural stone; biophilic-inspired Mohawk Group carpet tile collections that provide a 5% additional carbon offset beyond its emissions; PETPremier® carpet for active homes with up to 63 recycled plastic bottles in each square yard; and beautiful North American ceramic tile collections, 99%+ of which contain recycled content.
- Beyond billions of plastic bottles recycled into flooring, during 2024, the Company repurposed almost 1.5 billion pounds of waste wood into chipboards and upcycled almost 50 million pounds of discarded tires into decorative mats.
CARBON REDUCTION & RESOURCE CONSERVATION
- In 2024, Mohawk exceeded its Scope 1, 2 and biogenic emissions intensity goal with a reduction of 30% from its 2010 baseline, leading to recognition as one of America’s climate leaders.
- Last year, Mohawk increased its renewable energy consumption by 117%, with a 53% increase in solar energy generated through rooftop panels.
- Mohawk’s 2024 global water withdrawal intensity improved 45% from its 2010 baseline, reflecting millions of gallons of wastewater reused in or eliminated from manufacturing processes, particularly in its global ceramic tile operations.
HIGH PERFORMANCE WORKFORCE
- Among Mohawk’s 41,900 associates around the world, 10.5% have worked with the Company for 25 or more years, contributing to Mohawk’s recognition as one of America’s top large employers.
- Through safety initiatives and employee engagement, Mohawk’s global recordable incident rate has dropped approximately 35% compared to its 2010 baseline.
