What is Middleby's asset turnover?

Middleby (MIDD) reported asset turnover of 0.5× in Q1 2026.

How has Middleby's asset turnover changed year-over-year?

Middleby's asset turnover increased by 18.3% year-over-year, from 0.4× to 0.5×.

What is the long-term trend for Middleby's asset turnover?

Over 5 years (2020 to 2025), Middleby's asset turnover has grown at a -0.9% compound annual growth rate (CAGR), from 0.5× to 0.5×.

What does asset turnover mean?

Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.

Middleby MIDD Asset turnover

Asset turnover at other companies

Illinois Tool WorksITW

1×0.0×

TTC

Toro CompanyTTC

1.2×+0.1×

SPX TechnologiesSPXC

0.7×0.0×

EMCOR GroupEME

2×0.0×

PFG

Performance Food GroupPFGC

3.8×-0.3×

Hormel FoodsHRL

0.9×0.0×

Other financials

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

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Market cap$7.79B-7.9%

Enterprise value$9.51B+15.1%

P/S2.4×-0.4×

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 ratio2×-0.8×

Where this comes from

Calculated from Middleby’s reported figures.

total revenue/total assets=0.5×

Based on trailing twelve months.

The official record: Middleby’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Middleby's asset turnover?: Middleby (MIDD) reported asset turnover of 0.5× in Q1 2026.
How has Middleby's asset turnover changed year-over-year?: Middleby's asset turnover increased by 18.3% year-over-year, from 0.4× to 0.5×.
What is the long-term trend for Middleby's asset turnover?: Over 5 years (2020 to 2025), Middleby's asset turnover has grown at a -0.9% compound annual growth rate (CAGR), from 0.5× to 0.5×.
What does asset turnover mean?: Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.