Middleby (MIDD)

Nasdaq Industrials Industrial Machinery & Supplies & Components S&P MidCap 400

$136.50

+6.36 (+4.89%)

Close of Nov 06, 2026 · end-of-day data

Source: Middleby's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2021	FY2022	FY2022	FY2023	FY2024	FY2026
Revenue	$2.27B	$2.34B	$2.72B	$2.96B	$2.51B	$3.25B	$4.03B	$3.24B	$3.15B	$3.20B
Cost of revenue	$1.37B	$1.42B	$1.72B	$1.86B	$1.63B	$2.06B	$2.59B	$1.96B	$1.90B	$1.95B
Gross profit	$901.18M	$912.74M	$1.00B	$1.10B	$882.05M	$1.19B	$1.45B	$1.28B	$1.25B	$1.25B
Research & development	$26.30M	$29.10M	$35.30M	$41.20M	$35.30M	$41.80M	$48.90M	$47.10M	$50.80M	$58.80M
Selling, general & admin	$471.64M	$468.22M	$538.84M	$593.81M	$531.90M	$667.98M	$797.23M	$624.93M	$590.12M	$663.16M
Operating income	$419.02M	$378.61M	$445.97M	$514.04M	$324.43M	$629.99M	$639.60M	$652.43M	$644.12M	$574.89M
Pre-tax income	$421.31M	$383.53M	$423.51M	$462.62M	$268.06M	$619.50M	$564.41M	$536.08M	$566.10M	$482.27M
Income tax	$137.09M	$85.40M	$106.36M	$110.38M	$60.76M	$131.01M	$127.85M	$123.08M	$145.12M	$115.01M
Net income	$284.22M	$298.13M	$317.15M	$352.24M	$207.29M	$488.49M	$436.57M	$400.88M	$428.43M	-$277.73M
EBITDA	$477.25M	$448.39M	$543.20M	$617.47M	$434.96M	$755.24M	$777.66M	$762.34M	$748.24M	$680.20M
EPS (basic)	$4.98	$5.26	$5.71	$6.33	$3.76	$8.85	$8.07	$7.48	$7.97	$-5.38
EPS (diluted)	$4.98	$5.26	$5.70	$6.33	$3.76	$8.62	$7.95	$7.41	$7.90	$-5.32
Diluted shares	57.09M	56.72M	55.60M	55.66M	55.14M	56.66M	54.95M	54.09M	54.21M	52.18M
Gross margin	39.7%	39.1%	36.9%	37.3%	35.1%	36.8%	35.9%	39.6%	39.7%	39.1%
Operating margin	18.5%	16.2%	16.4%	17.4%	12.9%	19.4%	15.9%	20.1%	20.4%	18.0%
Net margin	12.5%	12.8%	11.6%	11.9%	8.2%	15.0%	10.8%	12.4%	13.6%	-8.7%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2021	FY2022	FY2022	FY2023	FY2024	FY2026
Cash & equivalents	$68.48M	$89.65M	$71.70M	$94.50M	$268.10M	$180.36M	$162.00M	$247.50M	$638.77M	$222.24M
Receivables	$325.87M	$328.42M	$398.66M	$447.61M	$363.36M	$577.14M	$631.13M	$644.58M	$531.76M	$573.04M
Inventory	$368.24M	$424.64M	$521.81M	$585.70M	$540.20M	$837.42M	$1.08B	$935.87M	$655.94M	$692.59M
Total current assets	$811.70M	$931.89M	$1.06B	$1.21B	$1.27B	$1.71B	$2.01B	$1.97B	$2.33B	$2.74B
Goodwill	$1.09B	$1.26B	$1.74B	$1.85B	$1.93B	$2.24B	$2.41B	$1.70B	$1.74B	$1.80B
Total assets	$2.92B	$3.34B	$4.55B	$5.00B	$5.20B	$6.38B	$6.87B	$6.91B	$7.28B	$6.32B
Total current liabilities	$488.41M	$473.65M	$558.95M	$593.14M	$700.26M	$914.89M	$988.28M	$851.09M	$829.32M	$1.07B
Short-term debt	$5.88M	$5.15M	$3.21M	$2.89M	$22.94M	$27.29M	$45.58M	$44.82M	$43.95M	$44.42M
Long-term debt	$726.24M	$1.02B	$1.89B	$1.87B	$1.71B	$2.39B	$2.68B	$2.38B	$2.35B	$2.13B
Total debt	$732.13M	$1.03B	$1.89B	$1.87B	$1.73B	$2.41B	$2.72B	$2.43B	$2.40B	$2.17B
Total liabilities	$1.65B	$1.98B	$2.88B	$3.06B	$3.23B	$3.89B	$4.08B	$3.66B	$3.64B	$3.54B
Shareholders' equity	$1.27B	$1.36B	$1.67B	$1.95B	$1.98B	$2.49B	$2.80B	$3.25B	$3.64B	$2.78B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2021	FY2022	FY2022	FY2023	FY2024	FY2026
Operating cash flow	$294.11M	$304.45M	$368.91M	$377.43M	$524.78M	$423.40M	$332.55M	$628.79M	$686.82M	$630.20M
Capital expenditures	$24.82M	$54.49M	$36.04M	$46.61M	$34.85M	$46.55M	$67.29M	$59.17M	$36.69M	$70.73M
Free cash flow	$269.29M	$249.96M	$332.87M	$330.82M	$489.94M	$376.85M	$265.26M	$569.62M	$650.13M	$559.47M
Investing cash flow	-$235.74M	-$345.47M	-$1.24B	-$327.67M	-$106.76M	-$1.01B	-$348.32M	-$155.74M	-$158.53M	-$126.89M
Financing cash flow	-$41.37M	$55.84M	$856.13M	-$25.45M	-$252.47M	$502.79M	$7.63M	-$390.94M	-$73.77M	-$970.94M
Share buybacks	$4.42M	$239.84M	$0	$6.14M	$85.87M	$29.27M	$264.78M	$74.56M	$34.66M	$723.61M
Stock-based compensation	$27.91M	$6.24M	$2.50M	$8.13M	$19.61M	$42.33M	$58.37M	$45.16M	$31.90M	$13.46M
Depreciation & amortization	$58.23M	$69.77M	$97.24M	$103.43M	$110.53M	$125.24M	$138.06M	$109.92M	$104.11M	$105.31M

Income statement

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Jan 2026	Apr 2026	Jul 2026
Revenue	$980.65M	$214.06M	$753.03M	$798.78M	$769.59M	$828.84M	$730.62M	$796.80M	$807.36M	$866.42M	$839.91M	$875.55M
Cost of revenue	$605.33M	$77.28M	$580.57M	$611.90M	$587.38M	$118.57M	$438.05M	$480.70M	$620.83M	$161.20M	$516.72M	$540.47M
Gross profit	$375.32M	$136.78M	$295.20M	$322.64M	$302.64M	$331.34M	$292.58M	$316.10M	$307.01M	$336.22M	$323.19M	$335.08M
Selling, general & admin	$196.43M	$9.57M	$206.05M	$198.58M	$179.48M	$6.01M	$161.81M	$167.60M	$203.62M	$43.32M	$188.30M	$186.60M
Operating income	$174.44M	$132.19M	$137.13M	$175.71M	$173.44M	$157.84M	$129.52M	$147.82M	-$554.25M	$833.15M	$133.35M	$147.75M
Pre-tax income	$144.39M	$103.63M	$114.84M	$154.78M	$154.68M	$141.81M	$111.26M	$127.03M	-$578.95M	$806.78M	$112.92M	$126.38M
Income tax	$35.74M	$15.21M	$28.27M	$39.38M	$40.51M	$36.96M	$26.19M	$25.37M	-$65.97M	$124.84M	$27.64M	$43.27M
Net income	$108.65M	$76.29M	$86.57M	$115.39M	$114.17M	$112.30M	$92.35M	$105.96M	-$512.98M	$36.94M	-$50.07M	$54.81M
EBITDA	$207.72M	$143.05M	$169.54M	$207.35M	$204.22M	$167.12M	$155.87M	$173.88M	-$509.50M	$841.29M	$158.82M	$173.51M
EPS (basic)	$2.03	$1.42	$1.61	$2.15	$2.12	$2.09	$1.72	$2.01	$-10.15	$0.74	$-1.06	$1.21
EPS (diluted)	$2.01	$1.42	$1.59	$2.13	$2.11	$2.07	$1.69	$1.99	$-10.08	$0.74	$-1.06	$1.21
Diluted shares	54.16M	-106.00K	54.39M	54.07M	54.04M	54.33M	54.62M	53.15M	50.91M	50.03M	47.24M	45.34M
Gross margin	38.3%	63.9%	39.2%	40.4%	39.3%	40.0%	40.0%	39.7%	38.0%	38.8%	38.5%	38.3%
Operating margin	17.8%	61.8%	18.2%	22.0%	22.5%	19.0%	17.7%	18.6%	-68.6%	96.2%	15.9%	16.9%
Net margin	11.1%	35.6%	11.5%	14.4%	14.8%	13.5%	12.6%	13.3%	-63.5%	4.3%	-6.0%	6.3%

Balance sheet

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Jan 2026	Apr 2026	Jul 2026
Cash & equivalents	$167.19M	$247.50M	$341.02M	$459.46M	$606.00M	$638.77M	$745.14M	$511.50M	$175.13M	$222.24M	$177.06M	$159.18M
Receivables	$633.17M	$644.58M	$605.18M	$624.62M	$614.98M	$531.76M	$645.51M	$665.83M	$673.86M	$573.04M	$608.03M	$601.18M
Inventory	$1.02B	$935.87M	$943.68M	$920.10M	$905.87M	$655.94M	$877.73M	$888.67M	$919.55M	$692.59M	$728.39M	$737.63M
Total current assets	$1.96B	$1.97B	$2.02B	$2.14B	$2.29B	$2.33B	$2.41B	$2.26B	$1.97B	$2.74B	$1.65B	$1.64B
Goodwill	$2.45B	$1.70B	$2.47B	$2.47B	$2.51B	$1.74B	$2.54B	$2.59B	$2.03B	$1.80B	$1.79B	$1.79B
Total assets	$6.92B	$6.91B	$6.93B	$7.03B	$7.20B	$7.28B	$7.40B	$7.34B	$6.35B	$6.32B	$5.42B	$5.36B
Total current liabilities	$864.25M	$851.09M	$840.88M	$856.86M	$814.71M	$829.32M	$885.82M	$880.78M	$951.56M	$1.07B	$838.79M	$827.29M
Short-term debt	$44.33M	$44.82M	$44.54M	$44.25M	$44.06M	$43.95M	$43.88M	$44.01M	$42.11M	$44.42M	$44.15M	$44.10M
Long-term debt	$2.54B	$2.38B	$2.37B	$2.36B	$2.36B	$2.35B	$2.34B	$2.33B	$2.03B	$2.13B	$1.83B	$1.94B
Total debt	$2.58B	$2.43B	$2.41B	$2.40B	$2.41B	$2.40B	$2.39B	$2.38B	$2.07B	$2.17B	$1.87B	$1.98B
Total liabilities	$3.83B	$3.66B	$3.62B	$3.60B	$3.61B	$3.64B	$3.67B	$3.71B	$3.42B	$3.54B	$3.05B	$3.15B
Shareholders' equity	$3.10B	$3.25B	$3.31B	$3.42B	$3.59B	$3.64B	$3.73B	$3.62B	$2.94B	$2.78B	$2.37B	$2.21B

Cash flow

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Jan 2026	Apr 2026	Jul 2026
Operating cash flow	$219.15M	$255.69M	$140.90M	$149.52M	$156.66M	$239.73M	$141.13M	$122.00M	$176.34M	$190.72M	$65.61M	$97.72M
Capital expenditures	$21.33M	-$10.47M	$13.74M	$10.94M	$11.49M	$521.00K	$26.46M	$14.60M	$33.85M	-$4.19M	$7.94M	$10.70M
Free cash flow	$197.82M	$245.22M	$127.16M	$138.58M	$145.18M	$239.21M	$114.67M	$107.40M	$142.49M	$186.53M	$57.67M	$87.03M
Investing cash flow	-$53.96M	-$16.52M	-$16.09M	-$14.23M	-$13.68M	-$114.54M	-$34.84M	-$24.42M	-$51.30M	-$16.33M	$554.95M	-$11.65M
Financing cash flow	-$150.53M	-$165.17M	-$28.56M	-$14.12M	-$3.11M	-$27.98M	-$57.09M	-$346.37M	-$462.58M	-$104.90M	-$684.66M	-$102.80M
Share buybacks	$0	$21.00K	$17.00M	$976.00K	$287.00K	$16.40M	$42.78M	$322.91M	$148.61M	$209.31M	$374.78M	$207.10M
Stock-based compensation	$13.20M	$9.85M	$13.82M	$7.60M	$8.70M	$1.76M	$2.29M	$5.60M	-$100.00K	$4.85M	$10.07M	$7.30M
Depreciation & amortization	$33.28M	$10.86M	$32.41M	$31.65M	$30.78M	$9.28M	$26.35M	$26.06M	$44.75M	$8.14M	$25.47M	$25.77M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.