Middleby MIDD Food Processing Group — Goodwill
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Where this comes from
Reported directly by Middleby in its filing.
Tagged under the XBRL concept us-gaap:Goodwill.
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 food processing group — goodwill?
- Middleby (MIDD) reported food processing group — goodwill of $498.7M in Q1 2026.
- How has Middleby's food processing group — goodwill changed year-over-year?
- Middleby's food processing group — goodwill increased by 6.1% year-over-year, from $469.92M to $498.7M.
- What is the long-term trend for Middleby's food processing group — goodwill?
- Over 4 years (2021 to 2025), Middleby's food processing group — goodwill has grown at a 18.4% compound annual growth rate (CAGR), from $995.99M to $1.96B.
- What does food processing group — goodwill mean?
- Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations within the food processing equipment segment. This asset reflects the premium paid for intangible factors such as brand reputation, customer relationships, and synergies. It is subject to periodic impairment testing to ensure the carrying value does not exceed its recoverable amount.