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Middleby MIDD Debt-to-equity

Debt-to-equity at other companies

TTC
Toro CompanyTTC
0.8×0.0×
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0.3×-0.4×
EMCOR Group logo
EMCOR GroupEME
0.1×0.0×
PFG
Performance Food GroupPFGC
1.7×-0.1×
SharkNinja logo
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0.3×
Hormel Foods logo
Hormel FoodsHRL
0.4×0.0×

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
Current ratio-0.8×

Where this comes from

Calculated from Middleby’s reported figures.

Based on the most recent quarter.

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 debt-to-equity?
Middleby (MIDD) reported debt-to-equity of 0.8× in Q1 2026.
How has Middleby's debt-to-equity changed year-over-year?
Middleby's debt-to-equity increased by 262.4% year-over-year, from 0.2× to 0.8×.
What is the long-term trend for Middleby's debt-to-equity?
Over 5 years (2020 to 2025), Middleby's debt-to-equity has grown at a -2.3% compound annual growth rate (CAGR), from 0.9× to 0.8×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.