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Mohawk Industries is a flooring manufacturer for residential and commercial spaces. Co. has three reporting segments: Global Ceramic, which designs, manufactures, sources and markets a line of ceramic tile, porcelain tile, natural stone and other products; Flooring North America, which designs, manufactures, sources and markets its floor covering product lines, including carpets, rugs, carpet pad, hardwood, laminate and vinyl products, including vinyl tile; and Flooring Rest of the World, which designs, manufactures, sources, licenses and markets laminate, hardwood flooring, roofing elements, insulation boards, medium-density fiberboard, chipboards, other wood products and vinyl products. According to our Mohawk Industries stock split history records, Mohawk Industries has had 2 splits.
Mohawk Industries stock split history picture
Mohawk Industries (MHK) has 2 splits in our Mohawk Industries stock split history database. The first split for MHK took place on August 25, 1993. This was a 3 for 2 split, meaning for each 2 shares of MHK owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. MHK's second split took place on December 05, 1997. This was a 3 for 2 split, meaning for each 2 shares of MHK owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split.

When a company such as Mohawk Industries splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business. Looking at the Mohawk Industries stock split history from start to finish, an original position size of 1000 shares would have turned into 2250 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Mohawk Industries shares, starting with a $10,000 purchase of MHK, presented on a split-history-adjusted basis factoring in the complete Mohawk Industries stock split history. Mohawk Industries split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 01/16/2009
End date: 01/15/2019
Start price/share: $37.39
End price/share: $124.04
Dividends collected/share: $0.00
Total return: 231.75%
Average Annual Total Return: 12.74%
Starting investment: $10,000.00
Ending investment: $33,183.56
Years: 10.00
Date Ratio
08/25/19933 for 2
12/05/19973 for 2
MHK is categorized under the Materials sector; below are some other companies in the same sector that also have a history of stock splits:

MIL Split History
MMX Split History
MNGA Split History
MON Split History
MPS Split History
MT Split History
MTX Split History
MYE Split History
NBR Split History
NCS Split History

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