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Middleby MIDD Net margin

Net margin at other companies

Illinois Tool Works logo
Illinois Tool WorksITW
19.3%-2.1pp
TTC
Toro CompanyTTC
7.3%-1.5pp
SPX Technologies logo
SPX TechnologiesSPXC
10.8%+0.6pp
EMCOR Group logo
EMCOR GroupEME
7.5%+0.5pp
PFG
Performance Food GroupPFGC
0.5%-0.1pp
SharkNinja logo
SharkNinjaSN
8.3%+3.2pp

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
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

Calculated from Middleby’s reported figures.

Based on trailing twelve months.

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 net margin?
Middleby (MIDD) reported net margin of -12.7% in Q1 2026.
How has Middleby's net margin changed year-over-year?
Middleby's net margin decreased by 191.4% year-over-year, from 13.9% to -12.7%.
What is the long-term trend for Middleby's net margin?
Over 5 years (2020 to 2025), Middleby's net margin has grown at a 1.0% compound annual growth rate (CAGR), from 8.2% to -8.7%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.