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The Middleby Corporation(MIDD)Earnings, Financials & Key Ratios
MIDD•NASDAQ
Price updated Jun 19, 2026
AboutThe Middleby Corporation designs, manufactures, markets, distributes, and services a range of foodservice, food processing, and residential kitchen equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; and soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment, fry dispensers, bottle filling and canning equipment, and IoT solutions. The company's Food Processing Equipment Group segment provides batch, baking, proofing, conveyor belt, and continuous processing ovens; frying and automated thermal processing systems; tumblers, massagers, grinders, slicers, reduction and emulsion systems, mixers, formers, and blenders; battering, breading, and seeding equipment; water cutting systems, food presses, food suspension equipment, filling and depositing solutions, and forming equipment; and food safety, food handling, freezing, and defrosting and packaging equipment for customers producing hot dog, dinner sausage, poultry, and lunchmeat, as well as muffin, cookie, and bread products. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising cookers, stoves, dishwashers, microwaves, cooktops, wine coolers, ice machines, and ventilation and outdoor equipment. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The company was founded in 1888 and is based in Elgin, Illinois.Show more
- Revenue$3.2B-17.4%
- EBITDA$688M-12.2%
- Net Income-$278M-164.8%
- EPS (Diluted)-5.38-168.1%
- Gross Margin39.11%+3.1%
- EBITDA Margin21.48%+6.3%
- Operating Margin18.39%+8.6%
- Net Margin-8.68%-178.5%
- ROE-8.66%-169.6%
MIDD Key Insights
The Middleby Corporation (MIDD) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓FCF machine: 17.4% free cash flow margin
- ✓Share count reduced 4.7% through buybacks
- ✓Trading near 52-week high
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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MIDD Price & Volume
The Middleby Corporation (MIDD) stock price & volume — 10-year historical chart
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MIDD Growth Metrics
The Middleby Corporation (MIDD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years5.77%
5 Years4.96%
3 Years-7.41%
TTM-4.89%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-196.76%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-206%
Return on Capital
10 Years12.22%
5 Years11.02%
3 Years10.4%
Last Year10.06%
MIDD Recent Earnings
The Middleby Corporation (MIDD) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 4/12 qtrs (33%)
Q2 2026Latest
May 7, 2026Metric
Actual
Est
EPS
$2.16+11.3%
$1.94
Rev
$840M+8.1%
$777M
Q1 2026
Feb 26, 2026Metric
Actual
Est
EPS
$2.42+6.6%
$2.27
Rev
$866M-12.1%
$986M
Q4 2025
Nov 6, 2025Metric
Actual
Est
EPS
$2.37+16.7%
$2.03
Rev
$982M-2.8%
$1.0B
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$2.35+6.8%
$2.20
Rev
$978M+1.0%
$968M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $2.16vs $1.94+11.3% | $840Mvs $777M+8.1% |
| Q1 2026 | Feb 26, 2026 | $2.42vs $2.27+6.6% | $866Mvs $986M-12.1% |
| Q4 2025 | Nov 6, 2025 | $2.37vs $2.03+16.7% | $982Mvs $1.0B-2.8% |
| Q3 2025 | Aug 6, 2025 | $2.35vs $2.20+6.8% | $978Mvs $968M+1.0% |
Based on last 12 quarters of dataView full earnings history →
MIDD Peer Comparison
The Middleby Corporation (MIDD) competitors in Food processing and commercial equipment — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 ITW | 76.11B | 264.09 | 25.18 | 0.92% | 19.32% | 97.35% | 2.78 | |
 WTRG | 10.41B | 36.70 | 16.68 | 18.62% | 21.82% | 8.16% | 1.22 | |
 WSO | 16.3B | 401.04 | 32.74 | -4.98% | 6.85% | 15.31% | 0.15 | |
 MWA | 4.09B | 26.13 | 21.42 | 8.75% | 14.17% | 20.74% | 0.46 | |
 ALLE | 11.48B | 133.57 | 17.95 | 7.82% | 15.24% | 32.08% | 1.10 | |
 RBC | 20.22B | 639.18 | 70.32 | 14.34% | 15.37% | 8.9% | 0.29 | |
 HBB | 274.28M | 20.43 | 10.48 | -7.31% | 4.73% | 16.21% | 0.23 | |
 TRMK | 2.63B | 44.67 | 12.07 | 34.75% | 19.32% | 10.77% | 0.53 |
Compare MIDD vs Peers
The Middleby Corporation (MIDD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MIDD Income Statement
The Middleby Corporation (MIDD) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Jan'26 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 2.34B | 2.72B | 2.96B | 2.51B | 3.25B | 4.03B | 4.04B | 3.88B | 3.2B | 3.67B |
Revenue Growth % | 2.98% | 16.59% | 8.69% | -15.08% | 29.35% | 24.06% | 0.09% | -4% | -17.39% | -4.89% |
Cost of Goods Sold | 1.42B | 1.72B | 1.86B | 1.63B | 2.06B | 2.59B | 2.5B | 2.4B | 1.95B | 2.27B |
COGS % of Revenue | 60.92% | 63.12% | 62.71% | 64.9% | 63.24% | 64.13% | 62% | 62.06% | 60.89% | - |
Gross Profit | 912.74M▲ 0% | 1B▲ 10.0% | 1.1B▲ 9.9% | 882.05M▼ 20.1% | 1.19B▲ 35.5% | 1.45B▲ 21.1% | 1.53B▲ 6.0% | 1.47B▼ 4.2% | 1.25B▼ 14.9% | 1.39B▲ 0% |
Gross Margin % | 39.08% | 36.88% | 37.29% | 35.1% | 36.76% | 35.87% | 38% | 37.94% | 39.11% | 37.97% |
Gross Profit Growth % | 1.28% | 10.01% | 9.89% | -20.07% | 35.46% | 21.06% | 6.05% | -4.15% | -14.86% | - |
Operating Expenses | 436.49M | 538.84M | 589.45M | 557.62M | 564.87M | 806.95M | 899.19M | 814.18M | 663.16M | 1.49B |
OpEx % of Revenue | 18.69% | 19.79% | 19.92% | 22.19% | 17.38% | 20.01% | 22.28% | 21.01% | 20.72% | - |
Selling, General & Admin | 436.49M | 538.84M | 593.81M | 491.9M | 667.98M | 797.23M | 794.44M | 762.5M | 663.16M | 780.34M |
SG&A % of Revenue | 18.69% | 19.79% | 20.06% | 19.57% | 20.55% | 19.77% | 19.68% | 19.68% | 20.72% | - |
Research & Development | 29.1M | 35.3M | 0 | 35.3M | 0 | 0 | 53.1M | 0 | 0 | 0 |
R&D % of Revenue | 1.25% | 1.3% | - | 1.4% | - | - | 1.32% | - | - | - |
Other Operating Expenses | -829K | 36.29M | -4.36M | 30.42M | -103.11M | 9.72M | 51.65M | 51.68M | 0 | 1000K |
Operating Income | 410.34M▲ 0% | 445.97M▲ 8.7% | 514.04M▲ 15.3% | 324.43M▼ 36.9% | 629.99M▲ 94.2% | 639.6M▲ 1.5% | 634.87M▼ 0.7% | 656.19M▲ 3.4% | 588.76M▼ 10.3% | -100.27M▲ 0% |
Operating Margin % | 17.57% | 16.38% | 17.37% | 12.91% | 19.38% | 15.86% | 15.73% | 16.93% | 18.39% | -2.73% |
Operating Income Growth % | -8.04% | 8.68% | 15.27% | -36.89% | 94.18% | 1.53% | -0.74% | 3.36% | -10.28% | - |
EBITDA | 480.12M | 543.2M | 617.47M | 432.52M | 755.24M | 777.66M | 760.27M | 783.36M | 687.76M | 13.36M |
EBITDA Margin % | 20.56% | 19.95% | 20.86% | 17.21% | 23.23% | 19.28% | 18.83% | 20.21% | 21.48% | 0.36% |
EBITDA Growth % | -4.42% | 13.14% | 13.67% | -29.95% | 74.61% | 2.97% | -2.24% | 3.04% | -12.2% | -98.3% |
D&A (Non-Cash Add-back) | 69.77M | 97.24M | 103.43M | 108.09M | 125.24M | 138.06M | 125.4M | 127.17M | 99M | 113.63M |
EBIT | 409.51M | 482.25M | 545.23M | 331.16M | 676.66M | 653.39M | 671.95M | 669.55M | 576.1M | -115.96M |
Net Interest Income | -25.98M | -58.74M | -82.61M | -78.62M | -57.16M | -88.98M | -120.35M | -92.23M | -93.83M | -99.91M |
Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense | 25.98M | 58.74M | 82.61M | 78.62M | 57.16M | 88.98M | 120.35M | 92.23M | 93.83M | 99.91M |
Other Income/Expense | 4.92M | -22.45M | -51.42M | -56.37M | -10.49M | -75.19M | -115.49M | -78.87M | -106.48M | -112.09M |
Pretax Income | 383.53M▲ 0% | 423.51M▲ 10.4% | 462.62M▲ 9.2% | 268.06M▼ 42.1% | 619.5M▲ 131.1% | 564.41M▼ 8.9% | 519.38M▼ 8.0% | 577.32M▲ 11.2% | 482.27M▼ 16.5% | -212.36M▲ 0% |
Pretax Margin % | 16.42% | 15.55% | 15.63% | 10.67% | 19.06% | 14% | 12.87% | 14.9% | 15.07% | -5.79% |
Income Tax | 85.4M | 106.36M | 110.38M | 60.76M | 131.01M | 127.85M | 118.5M | 148.89M | 115.01M | 23.29M |
Effective Tax Rate % | 22.27% | 25.11% | 23.86% | 22.67% | 21.15% | 22.65% | 22.81% | 25.79% | 23.85% | -10.97% |
Net Income | 298.13M▲ 0% | 317.15M▲ 6.4% | 352.24M▲ 11.1% | 207.29M▼ 41.1% | 488.49M▲ 135.7% | 436.57M▼ 10.6% | 400.88M▼ 8.2% | 428.43M▲ 6.9% | -277.73M▼ 164.8% | -420.16M▲ 0% |
Net Margin % | 12.76% | 11.65% | 11.9% | 8.25% | 15.03% | 10.83% | 9.93% | 11.06% | -8.68% | -11.46% |
Net Income Growth % | 4.89% | 6.38% | 11.06% | -41.15% | 135.65% | -10.63% | -8.17% | 6.87% | -164.82% | -196.76% |
Net Income (Continuing) | 298.13M | 317.15M | 352.24M | 207.29M | 488.49M | 436.57M | 400.88M | 428.43M | 367.27M | -235.65M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -645M | -2M |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | 5.26▲ 0% | 5.70▲ 8.4% | 6.33▲ 11.1% | 3.76▼ 40.6% | 8.62▲ 129.3% | 7.95▼ 7.8% | 7.41▼ 6.8% | 7.90▲ 6.6% | -5.38▼ 168.1% | -8.90▲ 0% |
EPS Growth % | 5.62% | 8.37% | 11.05% | -40.6% | 129.26% | -7.77% | -6.79% | 6.61% | -168.1% | -206% |
EPS (Basic) | 5.26 | 5.71 | 6.33 | 3.76 | 8.85 | 8.07 | 7.48 | 7.97 | -5.38 | - |
Diluted Shares Outstanding | 56.72M | 55.6M | 55.66M | 55.14M | 56.66M | 54.95M | 54.09M | 54.21M | 51.66M | 47.23M |
Basic Shares Outstanding | 56.72M | 55.58M | 55.65M | 55.09M | 55.22M | 54.09M | 53.58M | 53.74M | 51.66M | 47.23M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
MIDD Balance Sheet
The Middleby Corporation (MIDD) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Jan'26 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 931.89M | 1.06B | 1.21B | 1.27B | 1.71B | 2.01B | 1.97B | 2.33B | 2.74B | 1.65B |
Cash & Short-Term Investments | 89.65M | 71.7M | 94.5M | 268.1M | 180.36M | 162M | 247.5M | 689.53M | 222.24M | 177.06M |
Cash Only | 89.65M | 71.7M | 94.5M | 268.1M | 180.36M | 162M | 247.5M | 689.53M | 222.24M | 177.06M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 328.42M | 398.66M | 447.61M | 363.36M | 577.14M | 671.57M | 691.65M | 643.36M | 573.04M | 608.03M |
Days Sales Outstanding | 51.33 | 53.44 | 55.21 | 52.77 | 64.8 | 60.78 | 62.54 | 60.6 | 65.34 | 64.35 |
Inventory | 424.64M | 521.81M | 585.7M | 540.2M | 837.42M | 1.08B | 935.87M | 841.57M | 692.59M | 728.39M |
Days Inventory Outstanding | 108.94 | 110.81 | 115.19 | 120.87 | 148.67 | 152.1 | 136.5 | 127.73 | 129.69 | 129.56 |
Other Current Assets | 55.43M | 50.94M | 61.22M | 81.05M | 92.27M | 85.2M | 65.62M | 131.57M | 1.21B | 108.65M |
Total Non-Current Assets | 2.41B | 3.49B | 3.79B | 3.93B | 4.68B | 4.87B | 4.94B | 4.95B | 3.57B | 3.77B |
Property, Plant & Equipment | 281.92M | 314.57M | 352.14M | 344.48M | 380.98M | 443.53M | 620.27M | 525.97M | 431.62M | 424.96M |
Fixed Asset Turnover | 8.28x | 8.66x | 8.40x | 7.30x | 8.53x | 9.09x | 6.51x | 7.37x | 7.42x | 7.31x |
Goodwill | 1.26B | 1.74B | 1.85B | 1.93B | 2.24B | 2.41B | 2.49B | 2.52B | 1.8B | 1.79B |
Intangible Assets | 780.43M | 1.36B | 1.44B | 1.45B | 1.88B | 1.79B | 1.69B | 1.61B | 1.06B | 1.04B |
Long-Term Investments | 10.27M | 13.49M | 0 | 0 | 0 | 58.18M | 39.88M | 27.97M | 0 | 251.93M |
Other Non-Current Assets | 25.84M | 23.74M | 110.74M | 126.81M | 143.49M | 154.36M | 93.35M | 263.64M | 271.85M | 263.28M |
Total Assets | 3.34B▲ 0% | 4.55B▲ 36.2% | 5B▲ 9.9% | 5.2B▲ 4.0% | 6.38B▲ 22.7% | 6.87B▲ 7.7% | 6.91B▲ 0.5% | 7.28B▲ 5.5% | 6.32B▼ 13.3% | 5.42B▲ 0% |
Asset Turnover | 0.70x | 0.60x | 0.59x | 0.48x | 0.51x | 0.59x | 0.58x | 0.53x | 0.51x | 0.58x |
Asset Growth % | 14.49% | 36.23% | 9.94% | 4% | 22.7% | 7.7% | 0.46% | 5.45% | -13.29% | -47.37% |
Total Current Liabilities | 473.65M | 558.95M | 593.14M | 700.26M | 914.89M | 988.28M | 851.09M | 829.32M | 1.07B | 838.79M |
Accounts Payable | 146.33M | 188.3M | 173.69M | 182.77M | 304.74M | 271.37M | 227.08M | 208.91M | 206.67M | 215.39M |
Days Payables Outstanding | 37.54 | 39.99 | 34.16 | 40.9 | 54.1 | 38.3 | 33.12 | 31.71 | 38.7 | 36.74 |
Short-Term Debt | 5.15M | 3.21M | 2.89M | 22.94M | 27.29M | 45.58M | 44.82M | 43.95M | 44.42M | 44.15M |
Deferred Revenue (Current) | 31.07M | 57.91M | 74.51M | 93.87M | 133.31M | 185.82M | 118.68M | 0 | 0 | 314.12M |
Other Current Liabilities | 202.29M | 215.13M | 0 | 36.39M | 0 | 24.04M | 288.01M | 420.84M | 817.14M | 579.25M |
Current Ratio | 1.97x | 1.90x | 2.04x | 1.81x | 1.87x | 2.03x | 2.31x | 2.81x | 2.57x | 1.96x |
Quick Ratio | 1.07x | 0.97x | 1.05x | 1.04x | 0.95x | 0.94x | 1.21x | 1.79x | 1.92x | 1.10x |
Cash Conversion Cycle | 122.72 | 124.26 | 136.23 | 132.75 | 159.37 | 174.58 | 165.92 | 156.62 | 156.33 | 157.17 |
Total Non-Current Liabilities | 1.5B | 2.33B | 2.46B | 2.53B | 2.97B | 3.09B | 2.81B | 2.82B | 2.47B | 2.21B |
Long-Term Debt | 1.02B | 1.89B | 1.87B | 1.71B | 2.39B | 2.68B | 2.38B | 2.35B | 2.13B | 1.83B |
Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 80.24M | 87.55M | 98.04M | 0 | 0 |
Deferred Tax Liabilities | 87.81M | 113.9M | 133.5M | 147.22M | 186.94M | 220.2M | 216.14M | 252.06M | 156.72M | 885.08M |
Other Non-Current Liabilities | 393.37M | 322.83M | 458.45M | 671.69M | 400.5M | 99.15M | 105.92M | 94.25M | 185.4M | 183.08M |
Total Liabilities | 1.98B | 2.88B | 3.06B | 3.23B | 3.89B | 4.08B | 3.66B | 3.64B | 3.54B | 3.05B |
Total Debt | 1.03B | 1.89B | 1.89B | 1.75B | 2.44B | 2.83B | 2.54B | 2.52B | 2.17B | 1.87B |
Net Debt | 939.23M | 1.82B | 1.8B | 1.48B | 2.26B | 2.67B | 2.29B | 1.83B | 1.95B | 1.7B |
Debt / Equity | 0.76x | 1.14x | 0.97x | 0.89x | 0.98x | 1.01x | 0.78x | 0.69x | 0.78x | 0.79x |
Debt / EBITDA | 2.14x | 3.48x | 3.07x | 4.05x | 3.23x | 3.64x | 3.34x | 3.22x | 3.16x | 140.29x |
Net Debt / EBITDA | 1.96x | 3.35x | 2.92x | 3.43x | 2.99x | 3.43x | 3.01x | 2.34x | 2.84x | 127.04x |
Interest Coverage | 15.76x | 8.21x | 6.60x | 4.21x | 11.84x | 7.34x | 5.58x | 7.26x | 6.14x | -1.16x |
Total Equity | 1.36B▲ 0% | 1.67B▲ 22.3% | 1.95B▲ 16.9% | 1.98B▲ 1.5% | 2.49B▲ 26.2% | 2.8B▲ 12.2% | 3.25B▲ 16.2% | 3.64B▲ 12.0% | 2.78B▼ 23.7% | 2.37B▲ 0% |
Equity Growth % | 7.57% | 22.34% | 16.91% | 1.53% | 26.19% | 12.17% | 16.16% | 11.96% | -23.7% | -72.4% |
Book Value per Share | 24.00 | 29.95 | 34.98 | 35.85 | 44.02 | 50.92 | 60.09 | 67.12 | 53.75 | 50.28 |
Total Shareholders' Equity | 1.36B | 1.67B | 1.95B | 1.98B | 2.49B | 2.8B | 3.25B | 3.64B | 2.78B | 2.37B |
Common Stock | 145K | 145K | 145K | 147K | 147K | 147K | 148K | 148K | 0 | 0 |
Retained Earnings | 1.7B | 2.01B | 2.36B | 2.57B | 3.06B | 3.5B | 3.9B | 4.33B | 0 | 0 |
Treasury Stock | -445.12M | -445.12M | -451.26M | -537.13M | -566.4M | -831.18M | -906.03M | -940.69M | 0 | 0 |
Accumulated OCI | -266.42M | -276.48M | -350.93M | -488.43M | -359.08M | -278.47M | -223.2M | -269.39M | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
MIDD Cash Flow Statement
The Middleby Corporation (MIDD) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Jan'26 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 304.45M | 368.91M | 377.43M | 524.78M | 423.4M | 332.55M | 628.79M | 686.82M | 630.2M | 576.88M |
Operating CF Margin % | 13.04% | 13.55% | 12.75% | 20.88% | 13.02% | 8.25% | 15.58% | 17.72% | 19.69% | - |
Operating CF Growth % | 3.52% | 21.17% | 2.31% | 39.04% | -19.32% | -21.46% | 89.08% | 9.23% | -8.24% | -64.07% |
Net Income | 298.13M | 317.15M | 352.24M | 207.29M | 488.49M | 436.57M | 400.88M | 428.43M | -277.73M | -420.16M |
Depreciation & Amortization | 69.77M | 97.24M | 103.43M | 110.53M | 125.24M | 138.06M | 132.6M | 127.17M | 105.31M | 98M |
Stock-Based Compensation | 6.24M | 2.5M | 8.13M | 19.61M | 42.33M | 58.37M | 51.05M | 36.15M | 13.46M | 10.97M |
Deferred Taxes | -14.49M | 20.49M | 22.21M | 16.42M | 6.86M | -6.64M | -2.4M | 35.88M | 70.14M | 76.73M |
Other Non-Cash Items | 49.07M | 6.42M | -28.86M | -4M | -43.91M | -54.81M | 70.57M | 23.25M | 714.79M | 732.08M |
Working Capital Changes | -104.26M | -74.88M | -79.73M | 174.92M | -195.62M | -239M | -23.91M | 35.94M | 4.23M | -56.11M |
Change in Receivables | 26.18M | -25.35M | -27.75M | 90.4M | -99.89M | -28.39M | -4.62M | 11.98M | -14.47M | -54.23M |
Change in Inventory | -9.74M | -28.38M | -28.29M | 66.69M | -204.17M | -196.31M | 157.87M | 95.41M | 3.07M | -8.81M |
Change in Payables | -21.63M | 13.61M | -29.4M | -3.02M | 61.34M | -47.74M | -49.37M | -21.93M | 18.07M | 9.57M |
Cash from Investing | -345.47M | -1.24B | -327.67M | -106.76M | -1.01B | -348.32M | -155.74M | -158.53M | -126.89M | 464.48M |
Capital Expenditures | -54.49M | -41.44M | -46.61M | -41.9M | -51.55M | -69.52M | -85.18M | -49.31M | -70.73M | -37M |
CapEx % of Revenue | 2.33% | 1.52% | 1.57% | 1.67% | 1.59% | 1.72% | 2.11% | 1.27% | 2.21% | 1.01% |
Acquisitions | -305.25M | -1.2B | -281.06M | -79M | -963.6M | -278.8M | -68.76M | -111.65M | -31.98M | -31.98M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 14.28M | -5.4M | 0 | 14.15M | 6.29M | 0 | -1.8M | 2.43M | -24.18M | 533.46M |
Cash from Financing | 55.84M | 856.13M | -25.45M | -252.47M | 502.79M | 7.63M | -390.94M | -73.77M | -970.94M | -1.6B |
Debt Issued (Net) | 295.67M | 857.74M | -17.65M | -162.9M | 602.01M | 290.28M | -308.46M | -35.01M | -227.44M | -511.59M |
Equity Issued (Net) | -239.84M | 0 | -6.14M | -85.87M | -29.27M | -264.78M | -74.56M | -34.66M | -723.61M | -1.06B |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | -239.84M | 0 | -6.14M | -85.87M | -29.27M | -264.78M | -74.56M | -34.66M | -723.61M | -1.06B |
Other Financing | 0 | -1.61M | -1.65M | -3.7M | -69.96M | -17.87M | -7.91M | -4.1M | -19.89M | -31.31M |
Net Change in Cash | 21.17M▲ 0% | -17.95M▼ 184.8% | 22.8M▲ 227.0% | 173.6M▲ 661.5% | -87.74M▼ 150.5% | -18.36M▲ 79.1% | 85.5M▲ 565.6% | 442.04M▲ 417.0% | -416.53M▼ 194.2% | -568.08M▲ 0% |
Free Cash Flow | 249.96M▲ 0% | 327.48M▲ 31.0% | 330.82M▲ 1.0% | 482.88M▲ 46.0% | 371.85M▼ 23.0% | 263.03M▼ 29.3% | 541.81M▲ 106.0% | 637.51M▲ 17.7% | 558.35M▼ 12.4% | 452.07M▲ 0% |
FCF Margin % | 10.7% | 12.03% | 11.18% | 19.21% | 11.44% | 6.52% | 13.42% | 16.45% | 17.44% | 12.33% |
FCF Growth % | -7.18% | 31.01% | 1.02% | 45.97% | -22.99% | -29.26% | 105.99% | 17.66% | -12.42% | -26.83% |
FCF per Share | 4.41 | 5.89 | 5.94 | 8.76 | 6.56 | 4.79 | 10.02 | 11.76 | 10.81 | 9.57 |
FCF Conversion (FCF/Net Income) | 1.02x | 1.16x | 1.07x | 2.53x | 0.87x | 0.76x | 1.57x | 1.60x | -2.27x | -1.08x |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 119.2M | 0 | 0 | 0 |
Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
MIDD Key Ratios
The Middleby Corporation (MIDD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 22.7% | 20.96% | 19.5% | 10.57% | 21.85% | 16.5% | 13.26% | 12.44% | -8.66% | -14.35% |
Return on Invested Capital (ROIC) | 14.55% | 11.56% | 10.66% | 6.75% | 11.51% | 9.39% | 8.65% | 8.94% | 8.66% | -1.57% |
Gross Margin | 39.08% | 36.88% | 37.29% | 35.1% | 36.76% | 35.87% | 38% | 37.94% | 39.11% | 37.97% |
Net Margin | 12.76% | 11.65% | 11.9% | 8.25% | 15.03% | 10.83% | 9.93% | 11.06% | -8.68% | -11.46% |
Debt / Equity | 0.76x | 1.14x | 0.97x | 0.89x | 0.98x | 1.01x | 0.78x | 0.69x | 0.78x | 0.79x |
Interest Coverage | 15.76x | 8.21x | 6.60x | 4.21x | 11.84x | 7.34x | 5.58x | 7.26x | 6.14x | -1.16x |
FCF Conversion | 1.02x | 1.16x | 1.07x | 2.53x | 0.87x | 0.76x | 1.57x | 1.60x | -2.27x | -1.08x |
Revenue Growth | 2.98% | 16.59% | 8.69% | -15.08% | 29.35% | 24.06% | 0.09% | -4% | -17.39% | -4.89% |
Related:MIDD Dividend History·MIDD Revenue History·MIDD Price History·MIDD P/E History·MIDD Financial Ratios·MIDD Institutional Holders
MIDD SEC Filings & Documents
The Middleby Corporation (MIDD) SEC filings — annual & quarterly reports (10-K, 10-Q)
MIDD Frequently Asked Questions
The Middleby Corporation (MIDD) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
The Middleby Corporation (MIDD) reported $3.67B in revenue for fiscal year 2025. This represents a 2838% increase from $124.8M in 1996.
The Middleby Corporation (MIDD) saw revenue decline by 17.4% over the past year.
The Middleby Corporation (MIDD) reported a net loss of $420.2M for fiscal year 2025.
Dividend & Returns
The Middleby Corporation (MIDD) has a return on equity (ROE) of -8.7%. Negative ROE indicates the company is unprofitable.
The Middleby Corporation (MIDD) generated $452.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.