Industrial - Machinery
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MIDD vs ALLE
Revenue, margins, valuation, and 5-year total return — side by side.
Security & Protection Services
MIDD vs ALLE — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Industrial - Machinery | Security & Protection Services |
| Market Cap | $7.38B | $11.76B |
| Revenue (TTM) | $3.73B | $4.16B |
| Net Income (TTM) | $-278M | $634M |
| Gross Margin | 37.9% | 45.0% |
| Operating Margin | -2.5% | 20.6% |
| Forward P/E | 17.0x | 15.6x |
| Total Debt | $2.17B | $2.28B |
| Cash & Equiv. | $222M | $356M |
MIDD vs ALLE — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| The Middleby Corpor… (MIDD) | 100 | 232.3 | +132.3% |
| Allegion plc (ALLE) | 100 | 137.2 | +37.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: MIDD vs ALLE
Each card shows where this stock fits in a portfolio — not just who wins on paper.
MIDD is the clearest fit if your priority is sleep-well-at-night.
- Lower volatility, beta 1.22, Low D/E 78.3%, current ratio 2.57x
- +20.2% vs ALLE's -1.0%
ALLE carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 12 yrs, beta 0.67, yield 1.5%
- Rev growth 7.8%, EPS growth 9.1%, 3Y rev CAGR 7.5%
- 127.3% 10Y total return vs MIDD's 46.1%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 7.8% revenue growth vs MIDD's -17.4% | |
| Value | Lower P/E (15.6x vs 17.0x) | |
| Quality / Margins | 15.2% margin vs MIDD's -7.4% | |
| Stability / Safety | Beta 0.67 vs MIDD's 1.22 | |
| Dividends | 1.5% yield; 12-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +20.2% vs ALLE's -1.0% | |
| Efficiency (ROA) | 12.3% ROA vs MIDD's -4.1%, ROIC 18.1% vs 8.7% |
MIDD vs ALLE — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
MIDD vs ALLE — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
ALLE leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
ALLE and MIDD operate at a comparable scale, with $4.2B and $3.7B in trailing revenue. ALLE is the more profitable business, keeping 15.2% of every revenue dollar as net income compared to MIDD's -7.4%. On growth, ALLE holds the edge at +9.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $3.7B | $4.2B |
| EBITDAEarnings before interest/tax | $26M | $959M |
| Net IncomeAfter-tax profit | -$278M | $634M |
| Free Cash FlowCash after capex | $559M | $704M |
| Gross MarginGross profit ÷ Revenue | +37.9% | +45.0% |
| Operating MarginEBIT ÷ Revenue | -2.5% | +20.6% |
| Net MarginNet income ÷ Revenue | -7.4% | +15.2% |
| FCF MarginFCF ÷ Revenue | +15.0% | +16.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | -14.5% | +9.7% |
| EPS Growth (YoY)Latest quarter vs prior year | -64.3% | -7.0% |
Valuation Metrics
MIDD leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
On an enterprise value basis, MIDD's 13.6x EV/EBITDA is more attractive than ALLE's 13.8x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $7.4B | $11.8B |
| Enterprise ValueMkt cap + debt − cash | $9.3B | $13.7B |
| Trailing P/EPrice ÷ TTM EPS | -29.41x | 18.39x |
| Forward P/EPrice ÷ next-FY EPS est. | 17.03x | 15.60x |
| PEG RatioP/E ÷ EPS growth rate | — | 1.08x |
| EV / EBITDAEnterprise value multiple | 13.56x | 13.83x |
| Price / SalesMarket cap ÷ Revenue | 2.30x | 2.89x |
| Price / BookPrice ÷ Book value/share | 2.94x | 5.72x |
| Price / FCFMarket cap ÷ FCF | 13.21x | 17.14x |
Profitability & Efficiency
ALLE leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
ALLE delivers a 32.1% return on equity — every $100 of shareholder capital generates $32 in annual profit, vs $-9 for MIDD. MIDD carries lower financial leverage with a 0.78x debt-to-equity ratio, signaling a more conservative balance sheet compared to ALLE's 1.10x. On the Piotroski fundamental quality scale (0–9), ALLE scores 6/9 vs MIDD's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -8.5% | +32.1% |
| ROA (TTM)Return on assets | -4.1% | +12.3% |
| ROICReturn on invested capital | +8.7% | +18.1% |
| ROCEReturn on capital employed | +10.1% | +20.8% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 |
| Debt / EquityFinancial leverage | 0.78x | 1.10x |
| Net DebtTotal debt minus cash | $2.0B | $1.9B |
| Cash & Equiv.Liquid assets | $222M | $356M |
| Total DebtShort + long-term debt | $2.2B | $2.3B |
| Interest CoverageEBIT ÷ Interest expense | -1.20x | 8.61x |
Total Returns (Dividends Reinvested)
ALLE leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ALLE five years ago would be worth $10,324 today (with dividends reinvested), compared to $8,654 for MIDD. Over the past 12 months, MIDD leads with a +20.2% total return vs ALLE's -1.0%. The 3-year compound annual growth rate (CAGR) favors ALLE at 9.9% vs MIDD's 2.8% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +4.9% | -14.6% |
| 1-Year ReturnPast 12 months | +20.2% | -1.0% |
| 3-Year ReturnCumulative with dividends | +8.6% | +32.6% |
| 5-Year ReturnCumulative with dividends | -13.5% | +3.2% |
| 10-Year ReturnCumulative with dividends | +46.1% | +127.3% |
| CAGR (3Y)Annualised 3-year return | +2.8% | +9.9% |
Risk & Volatility
Evenly matched — MIDD and ALLE each lead in 1 of 2 comparable metrics.
Risk & Volatility
ALLE is the less volatile stock with a 0.67 beta — it tends to amplify market swings less than MIDD's 1.22 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MIDD currently trades 93.4% from its 52-week high vs ALLE's 74.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.22x | 0.67x |
| 52-Week HighHighest price in past year | $169.44 | $183.11 |
| 52-Week LowLowest price in past year | $110.82 | $131.25 |
| % of 52W HighCurrent price vs 52-week peak | +93.4% | +74.7% |
| RSI (14)Momentum oscillator 0–100 | 52.2 | 38.5 |
| Avg Volume (50D)Average daily shares traded | 571K | 887K |
Analyst Outlook
ALLE leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates MIDD as "Buy" and ALLE as "Hold". Consensus price targets imply 26.1% upside for ALLE (target: $173) vs 11.7% for MIDD (target: $177). ALLE is the only dividend payer here at 1.48% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $176.67 | $172.50 |
| # AnalystsCovering analysts | 20 | 23 |
| Dividend YieldAnnual dividend ÷ price | — | +1.5% |
| Dividend StreakConsecutive years of raises | 3 | 12 |
| Dividend / ShareAnnual DPS | — | $2.03 |
| Buyback YieldShare repurchases ÷ mkt cap | +9.8% | +0.7% |
ALLE leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). MIDD leads in 1 (Valuation Metrics). 1 tied.
MIDD vs ALLE: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is MIDD or ALLE a better buy right now?
For growth investors, Allegion plc (ALLE) is the stronger pick with 7.
8% revenue growth year-over-year, versus -17. 4% for The Middleby Corporation (MIDD). Allegion plc (ALLE) offers the better valuation at 18. 4x trailing P/E (15. 6x forward), making it the more compelling value choice. Analysts rate The Middleby Corporation (MIDD) a "Buy" — based on 20 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — MIDD or ALLE?
On forward P/E, Allegion plc is actually cheaper at 15.
6x.
03Which is the better long-term investment — MIDD or ALLE?
Over the past 5 years, Allegion plc (ALLE) delivered a total return of +3.
2%, compared to -13. 5% for The Middleby Corporation (MIDD). Over 10 years, the gap is even starker: ALLE returned +127. 3% versus MIDD's +46. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — MIDD or ALLE?
By beta (market sensitivity over 5 years), Allegion plc (ALLE) is the lower-risk stock at 0.
67β versus The Middleby Corporation's 1. 22β — meaning MIDD is approximately 83% more volatile than ALLE relative to the S&P 500. On balance sheet safety, The Middleby Corporation (MIDD) carries a lower debt/equity ratio of 78% versus 110% for Allegion plc — giving it more financial flexibility in a downturn.
05Which is growing faster — MIDD or ALLE?
By revenue growth (latest reported year), Allegion plc (ALLE) is pulling ahead at 7.
8% versus -17. 4% for The Middleby Corporation (MIDD). On earnings-per-share growth, the picture is similar: Allegion plc grew EPS 9. 1% year-over-year, compared to -168. 1% for The Middleby Corporation. Over a 3-year CAGR, ALLE leads at 7. 5% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — MIDD or ALLE?
Allegion plc (ALLE) is the more profitable company, earning 15.
8% net margin versus -8. 7% for The Middleby Corporation — meaning it keeps 15. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ALLE leads at 21. 1% versus 18. 4% for MIDD. At the gross margin level — before operating expenses — ALLE leads at 45. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is MIDD or ALLE more undervalued right now?
On forward earnings alone, Allegion plc (ALLE) trades at 15.
6x forward P/E versus 17. 0x for The Middleby Corporation — 1. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ALLE: 26. 1% to $172. 50.
08Which pays a better dividend — MIDD or ALLE?
In this comparison, ALLE (1.
5% yield) pays a dividend. MIDD does not pay a meaningful dividend and should not be held primarily for income.
09Is MIDD or ALLE better for a retirement portfolio?
For long-horizon retirement investors, Allegion plc (ALLE) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
67), 1. 5% yield, +127. 3% 10Y return). Both have compounded well over 10 years (ALLE: +127. 3%, MIDD: +46. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between MIDD and ALLE?
Both stocks operate in the Industrials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
ALLE pays a dividend while MIDD does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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