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Side-by-side financial comparison of Mohawk Industries (MHK) and Ovintiv Inc. (OVV). Click either name above to swap in a different company.

Mohawk Industries is the larger business by last-quarter revenue ($2.7B vs $2.1B, roughly 1.3× Ovintiv Inc.). Ovintiv Inc. runs the higher net margin — 46.1% vs 4.3%, a 41.8% gap on every dollar of revenue. On growth, Mohawk Industries posted the faster year-over-year revenue change (8.0% vs -6.0%). Ovintiv Inc. produced more free cash flow last quarter ($489.0M vs $7.8M). Over the past eight quarters, Mohawk Industries's revenue compounded faster (-1.3% CAGR vs -7.2%).

Mohawk Industries is an American flooring manufacturer based in Calhoun, Georgia. Mohawk produces floor covering products for residential and commercial applications in North America and residential applications in Europe. The company manufacturing portfolio consists of soft flooring products, hard flooring products, laminate flooring, sheet vinyl and luxury vinyl tile, natural stone and quartz countertops. In Europe, the company also produces and sells insulation, panels and mezzanine flooring.

Ovintiv Inc. is a U.S. petroleum company based in Denver. The company was formed in 2020 through a restructuring of its Canadian predecessor, Encana.

MHK vs OVV — Head-to-Head

Bigger by revenue
MHK
MHK
1.3× larger
MHK
$2.7B
$2.1B
OVV
Growing faster (revenue YoY)
MHK
MHK
+14.0% gap
MHK
8.0%
-6.0%
OVV
Higher net margin
OVV
OVV
41.8% more per $
OVV
46.1%
4.3%
MHK
More free cash flow
OVV
OVV
$481.2M more FCF
OVV
$489.0M
$7.8M
MHK
Faster 2-yr revenue CAGR
MHK
MHK
Annualised
MHK
-1.3%
-7.2%
OVV

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MHK
MHK
OVV
OVV
Revenue
$2.7B
$2.1B
Net Profit
$117.1M
$946.0M
Gross Margin
23.5%
Operating Margin
4.1%
21.2%
Net Margin
4.3%
46.1%
Revenue YoY
8.0%
-6.0%
Net Profit YoY
61.3%
1676.7%
EPS (diluted)
$1.90
$3.64

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MHK
MHK
OVV
OVV
Q1 26
$2.7B
Q4 25
$2.7B
$2.1B
Q3 25
$2.8B
$2.0B
Q2 25
$2.8B
$2.2B
Q1 25
$2.5B
$2.4B
Q4 24
$2.6B
$2.2B
Q3 24
$2.7B
$2.2B
Q2 24
$2.8B
$2.2B
Net Profit
MHK
MHK
OVV
OVV
Q1 26
$117.1M
Q4 25
$42.0M
$946.0M
Q3 25
$108.8M
$148.0M
Q2 25
$146.5M
$307.0M
Q1 25
$72.6M
$-159.0M
Q4 24
$93.3M
$-60.0M
Q3 24
$162.0M
$507.0M
Q2 24
$157.4M
$340.0M
Gross Margin
MHK
MHK
OVV
OVV
Q1 26
23.5%
Q4 25
23.0%
Q3 25
23.7%
Q2 25
25.5%
Q1 25
23.1%
Q4 24
23.6%
Q3 24
25.5%
Q2 24
25.8%
Operating Margin
MHK
MHK
OVV
OVV
Q1 26
4.1%
Q4 25
2.5%
21.2%
Q3 25
5.0%
13.5%
Q2 25
6.7%
23.1%
Q1 25
3.8%
-3.7%
Q4 24
4.6%
0.1%
Q3 24
7.8%
24.2%
Q2 24
7.6%
25.4%
Net Margin
MHK
MHK
OVV
OVV
Q1 26
4.3%
Q4 25
1.6%
46.1%
Q3 25
3.9%
7.3%
Q2 25
5.2%
13.9%
Q1 25
2.9%
-6.7%
Q4 24
3.5%
-2.7%
Q3 24
6.0%
23.3%
Q2 24
5.6%
15.5%
EPS (diluted)
MHK
MHK
OVV
OVV
Q1 26
$1.90
Q4 25
$0.69
$3.64
Q3 25
$1.75
$0.57
Q2 25
$2.34
$1.18
Q1 25
$1.15
$-0.61
Q4 24
$1.49
$-0.22
Q3 24
$2.55
$1.92
Q2 24
$2.46
$1.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MHK
MHK
OVV
OVV
Cash + ST InvestmentsLiquidity on hand
$872.3M
$280.0M
Total DebtLower is stronger
$1.7B
$5.2B
Stockholders' EquityBook value
$8.4B
$11.2B
Total Assets
$13.8B
$20.4B
Debt / EquityLower = less leverage
0.21×
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MHK
MHK
OVV
OVV
Q1 26
$872.3M
Q4 25
$856.1M
$280.0M
Q3 25
$516.2M
$25.0M
Q2 25
$546.7M
$20.0M
Q1 25
$702.5M
$8.0M
Q4 24
$666.6M
$42.0M
Q3 24
$424.0M
$9.0M
Q2 24
$497.4M
$8.0M
Total Debt
MHK
MHK
OVV
OVV
Q1 26
$1.7B
Q4 25
$2.0B
$5.2B
Q3 25
$5.2B
Q2 25
$5.3B
Q1 25
$5.5B
Q4 24
$2.2B
$5.5B
Q3 24
$5.9B
Q2 24
$6.1B
Stockholders' Equity
MHK
MHK
OVV
OVV
Q1 26
$8.4B
Q4 25
$8.4B
$11.2B
Q3 25
$8.3B
$10.2B
Q2 25
$8.3B
$10.4B
Q1 25
$7.9B
$10.1B
Q4 24
$7.6B
$10.3B
Q3 24
$7.8B
$10.7B
Q2 24
$7.6B
$10.3B
Total Assets
MHK
MHK
OVV
OVV
Q1 26
$13.8B
Q4 25
$13.7B
$20.4B
Q3 25
$13.6B
$19.4B
Q2 25
$13.8B
$19.7B
Q1 25
$13.4B
$19.6B
Q4 24
$12.8B
$19.3B
Q3 24
$13.3B
$19.9B
Q2 24
$13.3B
$19.8B
Debt / Equity
MHK
MHK
OVV
OVV
Q1 26
0.21×
Q4 25
0.24×
0.46×
Q3 25
0.51×
Q2 25
0.51×
Q1 25
0.55×
Q4 24
0.30×
0.53×
Q3 24
0.55×
Q2 24
0.59×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MHK
MHK
OVV
OVV
Operating Cash FlowLast quarter
$110.1M
$954.0M
Free Cash FlowOCF − Capex
$7.8M
$489.0M
FCF MarginFCF / Revenue
0.3%
23.8%
Capex IntensityCapex / Revenue
3.7%
22.6%
Cash ConversionOCF / Net Profit
0.94×
1.01×
TTM Free Cash FlowTrailing 4 quarters
$709.4M
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MHK
MHK
OVV
OVV
Q1 26
$110.1M
Q4 25
$459.6M
$954.0M
Q3 25
$386.6M
$812.0M
Q2 25
$206.3M
$1.0B
Q1 25
$3.7M
$873.0M
Q4 24
$397.0M
$1.0B
Q3 24
$319.6M
$1.0B
Q2 24
$233.6M
$1.0B
Free Cash Flow
MHK
MHK
OVV
OVV
Q1 26
$7.8M
Q4 25
$265.2M
$489.0M
Q3 25
$310.3M
$268.0M
Q2 25
$126.1M
$492.0M
Q1 25
$-85.4M
$256.0M
Q4 24
$236.2M
$468.0M
Q3 24
$204.2M
$484.0M
Q2 24
$142.2M
$398.0M
FCF Margin
MHK
MHK
OVV
OVV
Q1 26
0.3%
Q4 25
9.8%
23.8%
Q3 25
11.3%
13.3%
Q2 25
4.5%
22.2%
Q1 25
-3.4%
10.8%
Q4 24
9.0%
21.4%
Q3 24
7.5%
22.2%
Q2 24
5.1%
18.1%
Capex Intensity
MHK
MHK
OVV
OVV
Q1 26
3.7%
Q4 25
7.2%
22.6%
Q3 25
2.8%
26.9%
Q2 25
2.9%
23.5%
Q1 25
3.5%
26.0%
Q4 24
6.1%
25.3%
Q3 24
4.2%
24.7%
Q2 24
3.3%
28.4%
Cash Conversion
MHK
MHK
OVV
OVV
Q1 26
0.94×
Q4 25
10.94×
1.01×
Q3 25
3.55×
5.49×
Q2 25
1.41×
3.30×
Q1 25
0.05×
Q4 24
4.26×
Q3 24
1.97×
2.02×
Q2 24
1.48×
3.00×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MHK
MHK

Global Ceramic$1.1B40%
Flooring NA$880.0M32%
Flooring ROW$751.3M28%

OVV
OVV

Product And Service Revenue$1.7B84%
Sales Of Purchased Product$338.0M16%

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