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Middleby

MIDD

Middleby Corp is a global leader in the design, manufacture, and service of advanced equipment for the commercial foodservice and food processing industries.

Market cap
$6.15B-20.5%
Revenue$3.3B+5.8%
Net income-$420.2M-197%
Free cash flow$502.5M-21.2%
EPS (diluted)-$8.41-205%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$839.2M
EPS estimate$2.18

Financials

Q1 2026

Income statement

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Revenue$839.9M+15.0%
Gross profit$323.2M+10.5%
Operating income$133.4M+3.0%
Net income-$50.1M-154%
EPS (diluted)-$1.06-163%

Balance sheet

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Cash & equivalents$177.1M-76.2%
Total debt$1.9B+131%
Total equity$2.4B-36.3%
Total assets$5.4B-26.7%

Cash flow

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Operating cash flow$65.6M-53.5%
CapEx$7.9M-70.0%
Free cash flow$57.7M-49.7%

Valuation & ratios

Valuation

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Market cap$6.15B-20.5%
Enterprise value$7.87B-2.4%
P/S1.9×-0.7×

Profitability

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Gross margin31.3%-0.4pp
Operating margin17.1%-3.2pp
Net margin-12.7%-26.6pp
FCF margin15.2%-5.2pp

Returns & leverage

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Return on equity-13.8%-26.1pp
Debt / equity0.8×+0.6×
Current ratio-0.8×

Segments

By geography

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United States and Canada$563.3M+11.1%
Europe and Middle East$169.5M+23.9%
Asia$57.6M+9.9%
Latin America$49.5M+43.7%

By segment

See full
Commercial Foodservice Equipment Group$615.5M+9.4%
Food Processing Group$224.4M+33.6%
Corporate Segment and Other Operating Segment-

Competitors

Profile

Middleby Corp is a global leader in the design, manufacture, and service of advanced equipment for the commercial foodservice and food processing industries. The company provides a comprehensive portfolio of cooking, warming, refrigeration, and automated processing solutions, integrated with IoT technology to enhance operational efficiency. Its value proposition centers on acquiring and scaling industry-leading brands to offer highly specialized, automated, and energy-efficient equipment for professional kitchens and industrial food production.

Competitive position

A leading global manufacturer with a dominant portfolio of over 100 specialized brands and a significant presence in both commercial kitchens and industrial food processing.

GeographiesUnited States, Europe, Asia, Latin America
Customer segmentsRestaurant chains, Institutional foodservice, Industrial food manufacturers
Business modelManufacturing, Aftermarket services, B2B
SuppliersStainless steel suppliers, Electrical component manufacturers, Hardware suppliers, Third-party engineering firms
CustomersIndependent dealers, Foodservice distributors, Multi-national restaurant chains, Global food conglomerates
Listed1987
Employees10.7K
CEOTimothy FitzGerald
FilingsSEC EDGAR

Questions, answered.

What is Middleby's market cap?
Middleby (MIDD) has a market capitalization of $6.1B and trades on NASDAQ.
What is Middleby's revenue and profitability?
Middleby generated $3.3B in trailing twelve-month revenue with a net loss of $420.2M, representing a net margin of -12.7%. Gross margin stands at 31.3%, with free cash flow of $502.5M. These figures are based on the Q2 2026 filing.
Who are Middleby's competitors?
Middleby's key competitors include Illinois Tool Works Inc., JBT Marel Corporation, SPX Technologies, Inc., and others. These companies compete in similar markets and product categories.
Who does Middleby partner with?
Middleby's notable partners include 26North Partners LP.
What subsidiaries does Middleby have?
Middleby's subsidiaries include Middleby Marshall Inc., Emery Thompson Machine & Supply Co., JC Ford, Inc., and others.
Where is Middleby headquartered?
Middleby is headquartered in United States of America and employs approximately 10,722 people. It has been publicly traded since 1987.