Middleby is undergoing a significant strategic reset following the separation of its Food Processing business, evidenced by a 26% contraction in total assets from $7.4B to $5.4B over the past year.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue has contracted for eight consecutive quarters, with a 10.5% year-over-year decline in Q2 2026, yet gross margins have held resiliently in the 38-39% range, suggesting effective pricing power amidst operational strain.
The Middleby Corporation has a narrow moat, indicating a competitive advantage in its industry, as highlighted in the moat analysis.
Top holder Vanguard Group owns 10% of MIDD, signaling confidence from major institutional investors.
MIDD's trailing P/E of 16.92 and forward P/E of 14.14 suggest the stock is reasonably priced relative to earnings.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 5, 2026 | $2.07+18.3% vs $1.75 | $653M+2.9% vs $634M |
Q3 2026 Aug 11, 2026 | $1.74-16.7% vs $2.09 | $631M-24.7% vs $837M |
Q2 2026 May 7, 2026 | $1.74-10.3% vs $1.94 | $840M+8.1% vs $777M |
Q1 2026 Feb 26, 2026 | $2.42+6.6% vs $2.27 | $866M-12.1% vs $986M |
Middleby NASDAQ: MIDD raised its 2026 earnings outlook after reporting record quarterly revenue for its commercial foodservice business and named President Steve Spittle to succeed Timothy FitzGerald as CEO next year.
The Middleby Corporation ( MIDD ) Q3 2026 Earnings Call November 5, 2026 10:00 AM EST Company Participants Timothy FitzGerald - CEO & Director Steve Spittle - Chief Commercial Officer Brittany Cerwin - CFO & Chief Accounting Officer James K. Pool - Chief Technology & Operations Officer Conference Call Participants Jeffrey Hammond - KeyBanc Capital Markets Inc., Research Division Mircea Dobre - Robert W.
Middleby (MIDD) came out with quarterly earnings of $2.07 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $2.37 per share a year ago.
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a global leader in commercial foodservice solutions, today reported net earnings for the third quarter of 2026. Tim FitzGerald, CEO of the Middleby Corporation said, “We delivered record third quarter net sales and strong organic growth across our commercial foodservice business. Adjusted EBITDA increased 10% from the prior year, and our performance exceeded the high end of our guidance ranges for net sales, Adjusted EBITDA.
Benchmark MIDD against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for The Middleby Corporation (MIDD)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $136.50 | $6.17B | -13.13 | -17.39% | -13.22% | -18.3% | — | |
| $280.95 | $80.83B | 24.83 | 0.92% | 19.39% | 103.35% | 2.17% | |
| $45.45 | $12.89B | 22.86 | 18.62% | 21.79% | 8.12% | 2.93% | |
| $304.34 | $12.54B | 24.99 | -4.98% | 6.31% | 13.97% | 4.11% | |
| $24.05 | $3.76B | 17.02 | 3.17% | 15.04% | 20.35% | 1.16% | |
| $185.39 | $15.76B | 22.86 | 7.82% | 15.74% | 32.68% | 1.09% |
The Middleby Corporation (MIDD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
The Middleby Corporation (MIDD) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 11, 2026·SEC
Jul 6, 2026·SEC
Jun 29, 2026·SEC
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The Middleby Corporation (MIDD) stock FAQ — growth, dividends, profitability & financials explained
The Middleby Corporation (MIDD) reported $3.56B in revenue over the trailing twelve months. Revenue was $3.20B in fiscal year 2025. That is 2465% more than the $124.8M of fiscal year 1996.
The Middleby Corporation (MIDD) revenue fell by 7.2% over the trailing twelve months, compared with the twelve months before.
No. The Middleby Corporation (MIDD) reported a net loss of $471.3M over the trailing twelve months.
The Middleby Corporation (MIDD) had a return on equity (ROE) of -18.3% over the trailing twelve months. A negative ROE means the company lost money over the period.
The Middleby Corporation (MIDD) generated $495.7M in free cash flow over the trailing twelve months.
