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Middleby MIDD Free cash flow margin

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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$6.12B-3.3%
Enterprise value$7.84B+18.1%
P/S1.9×-0.2×

Profitability

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

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

Calculated from Middleby’s reported figures.

Based on trailing twelve months.

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

Filed
May 14, 2026, 4:05 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0000769520-26-000032

FAQ

What is Middleby's free cash flow margin?
Middleby (MIDD) reported free cash flow margin of 15.2% in Q1 2026.
How has Middleby's free cash flow margin changed year-over-year?
Middleby's free cash flow margin decreased by 25.5% year-over-year, from 20.4% to 15.2%.
What is the long-term trend for Middleby's free cash flow margin?
Over 5 years (2020 to 2025), Middleby's free cash flow margin has grown at a -2.2% compound annual growth rate (CAGR), from 19.5% to 17.5%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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