The Middleby Corporation (MIDD) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MIDD Revenue Growth
Revenue Breakdown (FY 2025)
MIDD's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
MIDD Revenue Analysis (2014–2025)
As of May 8, 2026, The Middleby Corporation (MIDD) generated trailing twelve-month (TTM) revenue of $3.73 billion, reflecting significant decline in growth of -14.5% year-over-year. The most recent quarter (Q4 2025) recorded $866.4 million in revenue, down 11.8% sequentially.
Looking at the longer-term picture, MIDD's 5-year compound annual growth rate (CAGR) stands at +5.0%, indicating moderate growth over time. The company achieved its highest annual revenue of $4.04 billion in 2023.
Revenue diversification analysis shows MIDD's business is primarily driven by Commercial Foodservice Equipment Group (73%), and Food Processing Group (27%). With over half of revenue concentrated in Commercial Foodservice Equipment Group, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including ITW (+2.9% YoY), WTRG (+13.1% YoY), and WSO (-4.5% YoY), MIDD has underperformed the peer group in terms of revenue growth. Compare MIDD vs ITW →
MIDD Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MIDDCurrent | $3.7B | -14.5% | +5.0% | 18.4% | |
 ITW | $16.0B | +2.9% | +5.0% | 26.3% | |
 WTRG | $2.5B | +13.1% | +11.1% | 37.2% | |
 WSO | $7.2B | -4.5% | +7.4% | 9.6% | |
 MWA | $1.4B | +6.6% | +8.2% | 18.2% | |
 ALLE | $4.1B | +8.9% | +8.4% | 21.1% |
MIDD Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.20B | -17.4% | $1.25B | 39.1% | $588.8M | 18.4% |
| 2024 | $3.88B | -4.0% | $1.47B | 37.9% | $656.2M | 16.9% |
| 2023 | $4.04B | +0.1% | $1.53B | 38.0% | $634.9M | 15.7% |
| 2022 | $4.03B | +24.1% | $1.45B | 35.9% | $639.6M | 15.9% |
| 2021 | $3.25B | +29.3% | $1.19B | 36.8% | $630.0M | 19.4% |
| 2020 | $2.51B | -15.1% | $882.0M | 35.1% | $324.4M | 12.9% |
| 2019 | $2.96B | +8.7% | $1.10B | 37.3% | $514.0M | 17.4% |
| 2018 | $2.72B | +16.6% | $1.00B | 36.9% | $446.0M | 16.4% |
| 2017 | $2.34B | +3.0% | $912.7M | 39.1% | $410.3M | 17.6% |
| 2016 | $2.27B | +24.2% | $901.2M | 39.7% | $446.2M | 19.7% |
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Start ComparisonMIDD — Frequently Asked Questions
Quick answers to the most common questions about buying MIDD stock.
Is MIDD's revenue growth accelerating or slowing?
MIDD revenue declined -14.5% year-over-year, contrasting with the 5-year CAGR of +5.0%. TTM revenue fell to $3.7B. This reverses the prior growth trend.
What is MIDD's long-term revenue growth rate?
The Middleby Corporation's 5-year revenue CAGR of +5.0% reflects the variable expansion pattern. Current YoY growth of -14.5% is below this long-term average.
How is MIDD's revenue distributed by segment?
MIDD reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.