The Middleby Corporation (MIDD) quarterly cash flow statement — complete operating, investing & financing history
The Middleby Corporation (MIDD) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 97.72M | 65.61M | 190.72M | 176.34M | 122M | 141.13M | 239.73M | 156.66M | 149.52M | 140.9M | 255.69M | 219.15M | 61.95M | 92M | 159.1M | 83.99M | 104.8M | -15.34M | 77.36M | 173.66M |
| Operating CF Margin % | 11.16% | 7.81% | 22.01% | 17.95% | 12.48% | 15.57% | 23.65% | 16.62% | 15.08% | 15.2% | 25.35% | 22.35% | 5.96% | 9.13% | 15.42% | 8.46% | 10.34% | -1.54% | 8.93% | 21.24% |
| Operating CF Growth % | -19.9% | -53.52% | -20.45% | 12.56% | -18.4% | 0.17% | -6.24% | -28.51% | 141.36% | 53.15% | 60.71% | 160.92% | -40.89% | 699.6% | 105.67% | -51.63% | -7% | -125.7% | -62.92% | 14.69% |
| Net Income | 54.21M | 85.28M | 36.94M | -512.98M | 113.25M | 92.35M | 112.3M | 114.17M | 115.39M | 86.57M | 76.29M | 108.65M | 116.85M | 99.09M | 133.2M | 104.37M | 113.25M | 85.75M | 102.68M | 175.97M |
| Depreciation & Amortization | 25.77M | 25.47M | 8.14M | 32.83M | 26.06M | 32.15M | 32.34M | 30.78M | 29.78M | 32.41M | 31.76M | 33.28M | 30.83M | 34.95M | 31.14M | 31.14M | 29.04M | 46.74M | 34.57M | 30.63M |
| Stock-Based Compensation | 7.25M | 10.07M | 4.85M | -104K | 6.42M | 2.49M | 6.01M | 8.67M | 7.65M | 13.82M | 15.74M | 13.18M | 9.9M | 12.23M | 15.73M | 15.76M | 13.16M | 13.72M | 15.19M | 10.2M |
| Deferred Taxes | 19.66M | 6.92M | 102.37M | -72.84M | 48.95M | -6.58M | 8.22M | 45.98M | -12.02M | -6.31M | 4.15M | -316K | -6.2M | -33K | -24.3M | 0 | -467K | 0 | 12.57M | 293K |
| Other Non-Cash Items | 19.97M | -24M | 10.46M | 707.54M | 6.35M | -1.47M | 33.83M | -14.97M | -1.85M | -2.99M | 79.97M | -7.08M | -5.21M | 4.67M | 9.89M | -82.67M | -21.59M | -7.87M | -8.87M | -17M |
| Working Capital Changes | -29.14M | -38.13M | 27.95M | 21.89M | -79.03M | 22.2M | 47.03M | -27.96M | 10.56M | 17.4M | 47.77M | 71.44M | -84.22M | -58.9M | -6.56M | 15.39M | -28.58M | -153.7M | -78.78M | -26.43M |
| Change in Receivables | 6.11M | -38.32M | -13.32M | 4.46M | -17.81M | 1.44M | -19.38M | 16.56M | -21.52M | 36.32M | -4.19M | 7.4M | 9.8M | -17.63M | -17.22M | 39.02M | 5.11M | -55.3M | -2.54M | -31.04M |
| Change in Inventory | -11.1M | -40.62M | 36.01M | -11.53M | 7.08M | -28.74M | 62.36M | 25.36M | 20.65M | -12.96M | 90.89M | 59.45M | 38.34M | -30.82M | 17.7M | -42.12M | -83.42M | -88.47M | -69.64M | -63.66M |
| Change in Payables | 9.27M | 10.56M | -10.58M | 10.99M | -307K | 19.06M | -8.23M | -27.43M | 5.92M | 7.8M | -181K | -7.37M | -50.38M | 8.56M | -480K | 0 | 18.3M | 0 | 50K | 19.77M |
| Cash from Investing | -11.65M | 554.95M | -16.33M | -51.3M | -24.42M | -34.84M | -114.54M | -13.68M | -14.23M | -16.09M | -16.52M | -53.96M | -48.82M | -36.45M | -90.45M | -150.61M | -83.13M | -24.13M | -596.18M | -388.46M |
| Capital Expenditures | -10.7M | -7.94M | 4.19M | -20.27M | -28.19M | -33.73M | -13.14M | -11.41M | -10.94M | -13.82M | -15.53M | -21.33M | -22.83M | -25.48M | -16.38M | -18.78M | -17.64M | -14.5M | -21.82M | -10.42M |
| CapEx % of Revenue | 1.22% | 0.95% | 0.48% | 2.06% | 2.88% | 3.72% | 1.3% | 1.21% | 1.1% | 1.49% | 1.54% | 2.18% | 2.2% | 2.53% | 1.59% | 1.89% | 1.74% | 1.46% | 2.52% | 1.27% |
| Acquisitions | -954K | 564.47M | 2.55M | -31.04M | -3.5M | 9K | -103.9M | -2.19M | -3.29M | -2.27M | -984K | -32.63M | -25.81M | -9.34M | -72.54M | -131.37M | -65.5M | -9.39M | -574.59M | -378.15M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -1.58M | -23.07M | 0 | 7.27M | -1.11M | 2.51M | -80K | 0 | -80K | 0 | 0 | -180K | -1.63M | -1.53M | -461K | 0 | -240K | 228K | 114K |
| Cash from Financing | -102.8M | -684.66M | -104.9M | -462.58M | -346.37M | -57.09M | -27.98M | -3.11M | -14.12M | -28.56M | -165.17M | -150.53M | -11.86M | -63.38M | -64.96M | 54.86M | 9.02M | 8.72M | 448.43M | 73.09M |
| Debt Issued (Net) | 106.72M | -298.69M | 105.45M | -307.11M | -11.25M | -11.37M | -11.52M | -489K | -11.49M | -11.51M | -161.47M | -149.46M | -1.85M | 4.32M | -39.81M | 55.9M | 85.69M | 188.51M | 475.22M | 73.66M |
| Equity Issued (Net) | -207.1M | -374.78M | -209.31M | -148.61M | -322.91M | -42.78M | -16.4M | -287K | -976K | -17M | -21K | 0 | -6.9M | -67.65M | -25.1M | -71K | -69.6M | -170.01M | -26.79M | -115K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -207.1M | -374.78M | -209.31M | -148.61M | -322.91M | -42.78M | -16.4M | -287K | -976K | -17M | -21K | 0 | -6.9M | -67.65M | -25.1M | -71K | -69.6M | -170.01M | -26.79M | -115K |
| Other Financing | -2.42M | -11.2M | -1.04M | -6.86M | -12.21M | -2.94M | -57K | -2.34M | -1.65M | -55K | -3.67M | -1.08M | -3.11M | -51K | -52K | -974K | -7.07M | -9.77M | 0 | -452K |
| Net Change in Cash | -17.73M | -66.66M | 47.11M | -336.37M | -233.64M | 55.61M | 83.53M | 146.55M | 118.44M | 93.52M | 80.31M | 9.91M | 755K | -5.48M | 17.08M | -21.67M | 19.91M | -33.69M | -71.11M | -144.09M |
| Free Cash Flow | 87.03M | 57.67M | 194.91M | 156.07M | 93.81M | 107.4M | 226.59M | 145.26M | 138.58M | 127.08M | 240.15M | 197.82M | 38.94M | 64.89M | 141.2M | 65.21M | 87.17M | -29.84M | 55.54M | 163.24M |
| FCF Margin % | 9.94% | 6.87% | 22.5% | 15.89% | 9.59% | 11.85% | 22.35% | 15.41% | 13.98% | 13.71% | 23.81% | 20.17% | 3.74% | 6.44% | 13.69% | 6.57% | 8.6% | -3% | 6.41% | 19.97% |
| FCF Growth % | -7.23% | -46.31% | -13.98% | 7.45% | -32.3% | -15.48% | -5.65% | -26.57% | 255.9% | 95.83% | 70.08% | 203.36% | -55.33% | 317.46% | 154.22% | -60.05% | -14.63% | -158.55% | -72.71% | 13.08% |
| FCF per Share | 1.92 | 1.22 | 3.90 | 3.09 | 1.76 | 1.97 | 4.17 | 2.69 | 2.56 | 2.34 | 4.47 | 3.65 | 0.72 | 1.19 | 2.60 | 1.20 | 1.59 | -0.53 | 0.97 | 2.87 |
| FCF Conversion (FCF/Net Income) | 1.78x | -1.31x | 5.16x | -0.34x | 1.15x | 1.53x | 2.13x | 1.37x | 1.30x | 1.63x | 3.35x | 2.02x | 0.53x | 0.93x | 1.19x | 0.80x | 0.93x | -0.18x | 0.75x | 0.99x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23.2M | 0 | 0 | 0 | 0 | 0 | 0 | 22.9M | 0 | 18.1M | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |