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Middleby MIDD Interest Expense

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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
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:InterestPaid.

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

Cash paid for interest was $25.2 million and $24.7 million for the three months ended April 4, 2026 and March 29, 2025, respectively. Cash payments totaling $8.4 million and $6.1 million were made for income taxes for the three months ended April 4, 2026 and March 29, 2025, respectively.

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Middleby's interest expense?
Middleby (MIDD) reported interest expense of $25.2M in Q1 2026.
How has Middleby's interest expense changed year-over-year?
Middleby's interest expense increased by 2.0% year-over-year, from $24.7M to $25.2M.
What is the long-term trend for Middleby's interest expense?
Over 4 years (2021 to 2025), Middleby's interest expense has grown at a 13.2% compound annual growth rate (CAGR), from $57.16M to $93.83M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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