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Middleby MIDD Commercial Foodservice Equipment Group — Goodwill

Other segment segments

Food Processing Group
$498.7M+6.1%

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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:Goodwill.

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 itemCommercial FoodserviceFood ProcessingTotal
Balance as of January 3, 2026$1,297,332$502,317$1,799,649
Exchange effect and other(1,996)(3,616)(5,612)
Balance as of April 4, 2026$1,295,336$498,701$1,794,037

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Middleby's commercial foodservice equipment group — goodwill?
Middleby (MIDD) reported commercial foodservice equipment group — goodwill of $1.3B in Q1 2026.
How has Middleby's commercial foodservice equipment group — goodwill changed year-over-year?
Middleby's commercial foodservice equipment group — goodwill increased by 0.6% year-over-year, from $1.29B to $1.3B.
What is the long-term trend for Middleby's commercial foodservice equipment group — goodwill?
Over 4 years (2021 to 2025), Middleby's commercial foodservice equipment group — goodwill has grown at a 0.8% compound annual growth rate (CAGR), from $5.01B to $5.18B.
What does commercial foodservice equipment group — goodwill mean?
Represents the carrying value of goodwill associated with the commercial foodservice equipment business segment. This asset arises from business acquisitions where the purchase price exceeds the fair value of identifiable net assets, reflecting the premium paid for brand reputation and market position.

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