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Middleby MIDD Commercial Foodservice Equipment Group — Depreciation

Other segment segments

Food Processing Group
$3.71M+28.2%
Corporate Segment and Other Operating Segment
$551K-33.2%

Similar metrics at other companies

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HRLFoodservice — D&A
$21.01M+7.6%
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ITWFood Equipment — Depreciation and Amortization and Impairment of Goodwill and Intangible Assets
$10M0.0%
PFG
PFGCFoodservice — D&A
$137.7M+14.3%
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HEIElectronic Technologies Group — Depreciation
$7.16M+18.2%
Lennox International logo
LIICommercial Heating and Cooling — D&A
$11.7M+48.1%
TTM Technologies logo
TTMICommercial — Depreciation
$18.15M+14.1%

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 ratio-0.8×

Where this comes from

Reported directly by Middleby in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

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 commercial foodservice equipment group — depreciation?
Middleby (MIDD) reported commercial foodservice equipment group — depreciation of $7.24M in Q1 2026.
How has Middleby's commercial foodservice equipment group — depreciation changed year-over-year?
Middleby's commercial foodservice equipment group — depreciation increased by 9.3% year-over-year, from $6.63M to $7.24M.
What is the long-term trend for Middleby's commercial foodservice equipment group — depreciation?
Over 4 years (2021 to 2025), Middleby's commercial foodservice equipment group — depreciation has grown at a 4.5% compound annual growth rate (CAGR), from $23.74M to $28.36M.
What does commercial foodservice equipment group — depreciation mean?
The systematic allocation of the cost of tangible fixed assets, such as machinery and equipment, over their useful lives. This reflects the wear and tear of assets used in the production of foodservice equipment.