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

Wabtec is the larger business by last-quarter revenue ($3.0B vs $2.7B, roughly 1.1× Mohawk Industries). Wabtec runs the higher net margin — 12.3% vs 1.6%, a 10.7% gap on every dollar of revenue. On growth, Wabtec posted the faster year-over-year revenue change (13.0% vs 2.4%). Over the past eight quarters, Wabtec's revenue compounded faster (5.6% CAGR vs 0.4%).

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.

Westinghouse Air Brake Technologies Corporation, commonly known as Wabtec, is an American company formed by the merger of the Westinghouse Air Brake Company (WABCO) and MotivePower in 1999. It is headquartered in Pittsburgh, Pennsylvania.

MHK vs WAB — Head-to-Head

Bigger by revenue
WAB
WAB
1.1× larger
WAB
$3.0B
$2.7B
MHK
Growing faster (revenue YoY)
WAB
WAB
+10.7% gap
WAB
13.0%
2.4%
MHK
Higher net margin
WAB
WAB
10.7% more per $
WAB
12.3%
1.6%
MHK
Faster 2-yr revenue CAGR
WAB
WAB
Annualised
WAB
5.6%
0.4%
MHK

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MHK
MHK
WAB
WAB
Revenue
$2.7B
$3.0B
Net Profit
$42.0M
$363.0M
Gross Margin
23.0%
36.0%
Operating Margin
2.5%
17.5%
Net Margin
1.6%
12.3%
Revenue YoY
2.4%
13.0%
Net Profit YoY
-55.0%
11.0%
EPS (diluted)
$0.69
$2.12

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
WAB
WAB
Q1 26
$3.0B
Q4 25
$2.7B
$3.0B
Q3 25
$2.8B
$2.9B
Q2 25
$2.8B
$2.7B
Q1 25
$2.5B
$2.6B
Q4 24
$2.6B
$2.6B
Q3 24
$2.7B
$2.7B
Q2 24
$2.8B
$2.6B
Net Profit
MHK
MHK
WAB
WAB
Q1 26
$363.0M
Q4 25
$42.0M
$202.0M
Q3 25
$108.8M
$310.0M
Q2 25
$146.5M
$336.0M
Q1 25
$72.6M
$322.0M
Q4 24
$93.3M
$212.0M
Q3 24
$162.0M
$283.0M
Q2 24
$157.4M
$289.0M
Gross Margin
MHK
MHK
WAB
WAB
Q1 26
36.0%
Q4 25
23.0%
32.6%
Q3 25
23.7%
34.7%
Q2 25
25.5%
34.7%
Q1 25
23.1%
34.5%
Q4 24
23.6%
30.9%
Q3 24
25.5%
33.0%
Q2 24
25.8%
33.1%
Operating Margin
MHK
MHK
WAB
WAB
Q1 26
17.5%
Q4 25
2.5%
12.0%
Q3 25
5.0%
17.0%
Q2 25
6.7%
17.4%
Q1 25
3.8%
18.2%
Q4 24
4.6%
12.9%
Q3 24
7.8%
16.3%
Q2 24
7.6%
16.3%
Net Margin
MHK
MHK
WAB
WAB
Q1 26
12.3%
Q4 25
1.6%
6.8%
Q3 25
3.9%
10.7%
Q2 25
5.2%
12.4%
Q1 25
2.9%
12.3%
Q4 24
3.5%
8.2%
Q3 24
6.0%
10.6%
Q2 24
5.6%
10.9%
EPS (diluted)
MHK
MHK
WAB
WAB
Q1 26
$2.12
Q4 25
$0.69
$1.18
Q3 25
$1.75
$1.81
Q2 25
$2.34
$1.96
Q1 25
$1.15
$1.88
Q4 24
$1.49
$1.24
Q3 24
$2.55
$1.63
Q2 24
$2.46
$1.64

Balance Sheet & Financial Strength

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

Metric
MHK
MHK
WAB
WAB
Cash + ST InvestmentsLiquidity on hand
$856.1M
Total DebtLower is stronger
$2.0B
$4.7B
Stockholders' EquityBook value
$8.4B
$11.1B
Total Assets
$13.7B
$23.2B
Debt / EquityLower = less leverage
0.24×
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MHK
MHK
WAB
WAB
Q1 26
Q4 25
$856.1M
Q3 25
$516.2M
Q2 25
$546.7M
Q1 25
$702.5M
Q4 24
$666.6M
Q3 24
$424.0M
Q2 24
$497.4M
Total Debt
MHK
MHK
WAB
WAB
Q1 26
$4.7B
Q4 25
$2.0B
$5.5B
Q3 25
$5.3B
Q2 25
$4.8B
Q1 25
$4.0B
Q4 24
$2.2B
$4.0B
Q3 24
$4.0B
Q2 24
$4.0B
Stockholders' Equity
MHK
MHK
WAB
WAB
Q1 26
$11.1B
Q4 25
$8.4B
$11.1B
Q3 25
$8.3B
$11.0B
Q2 25
$8.3B
$10.8B
Q1 25
$7.9B
$10.4B
Q4 24
$7.6B
$10.1B
Q3 24
$7.8B
$10.3B
Q2 24
$7.6B
$10.5B
Total Assets
MHK
MHK
WAB
WAB
Q1 26
$23.2B
Q4 25
$13.7B
$22.1B
Q3 25
$13.6B
$21.5B
Q2 25
$13.8B
$20.4B
Q1 25
$13.4B
$19.1B
Q4 24
$12.8B
$18.7B
Q3 24
$13.3B
$18.6B
Q2 24
$13.3B
$18.9B
Debt / Equity
MHK
MHK
WAB
WAB
Q1 26
0.42×
Q4 25
0.24×
0.50×
Q3 25
0.48×
Q2 25
0.44×
Q1 25
0.39×
Q4 24
0.30×
0.39×
Q3 24
0.39×
Q2 24
0.38×

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
WAB
WAB
Operating Cash FlowLast quarter
$459.6M
$199.0M
Free Cash FlowOCF − Capex
$265.2M
FCF MarginFCF / Revenue
9.8%
Capex IntensityCapex / Revenue
7.2%
Cash ConversionOCF / Net Profit
10.94×
0.55×
TTM Free Cash FlowTrailing 4 quarters
$616.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MHK
MHK
WAB
WAB
Q1 26
$199.0M
Q4 25
$459.6M
$992.0M
Q3 25
$386.6M
$367.0M
Q2 25
$206.3M
$209.0M
Q1 25
$3.7M
$191.0M
Q4 24
$397.0M
$723.0M
Q3 24
$319.6M
$542.0M
Q2 24
$233.6M
$235.0M
Free Cash Flow
MHK
MHK
WAB
WAB
Q1 26
Q4 25
$265.2M
$870.0M
Q3 25
$310.3M
$312.0M
Q2 25
$126.1M
$170.0M
Q1 25
$-85.4M
$147.0M
Q4 24
$236.2M
$639.0M
Q3 24
$204.2M
$496.0M
Q2 24
$142.2M
$189.0M
FCF Margin
MHK
MHK
WAB
WAB
Q1 26
Q4 25
9.8%
29.3%
Q3 25
11.3%
10.8%
Q2 25
4.5%
6.3%
Q1 25
-3.4%
5.6%
Q4 24
9.0%
24.7%
Q3 24
7.5%
18.6%
Q2 24
5.1%
7.1%
Capex Intensity
MHK
MHK
WAB
WAB
Q1 26
Q4 25
7.2%
4.1%
Q3 25
2.8%
1.9%
Q2 25
2.9%
1.4%
Q1 25
3.5%
1.7%
Q4 24
6.1%
3.3%
Q3 24
4.2%
1.7%
Q2 24
3.3%
1.7%
Cash Conversion
MHK
MHK
WAB
WAB
Q1 26
0.55×
Q4 25
10.94×
4.91×
Q3 25
3.55×
1.18×
Q2 25
1.41×
0.62×
Q1 25
0.05×
0.59×
Q4 24
4.26×
3.41×
Q3 24
1.97×
1.92×
Q2 24
1.48×
0.81×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MHK
MHK

Other$1.1B41%
Flooring NA Segment$869.8M32%
Other Products$270.0M10%
Other Geographical Areas$222.0M8%
Laminateand Wood$204.2M8%
Carpet And Resilient$13.3M0%
Flooring ROW Segment$4.9M0%

WAB
WAB

Segment breakdown not available.

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