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Middleby MIDD Assets Held for Sale

Assets Held for Sale at other companies

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SPX TechnologiesSPXC
$80.2M

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$6.03B-4.8%
Enterprise value$7.74B+16.7%
P/S1.8×-0.2×

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×

Where this comes from

Reported directly by Middleby in its filing.

Tagged under the XBRL concept us-gaap:AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent.

The source filing: Middleby’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 4:05 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0000769520-26-000032
Line itemApr 4, 2026Jan 3, 2026
Inventories, net728,388692,589
Prepaid expenses and other97,786111,176
Prepaid taxes25,70741,159
Current assets held for sale - discontinued operations10,8651,102,441
Total current assets1,647,8392,742,643
Property, plant and equipment, net of accumulated depreciation of $321,803 and $311,226424,961431,622
Goodwill1,794,0371,799,649
Other intangibles, net of amortization of $572,654 and $564,2241,044,9981,061,192

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Middleby's assets held for sale?
Middleby (MIDD) reported assets held for sale of $10.87M in Q1 2026.
What does assets held for sale mean?
Assets committed to a plan of sale, expected to be sold within one year, and carried at the lower of carrying amount or fair value less costs to sell.

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