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Middleby MIDD Amortization of Intangible Assets and Debt Issuance Costs

Segments

By segment

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Commercial Foodservice Equipment Group$10.62M-5.9%
Food Processing Group$2.72M-6.6%
Corporate Segment and Other Operating Segment$625K-65.2%

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 midd:AmortizationofIntangibleAssetsandDebtIssuanceCosts.

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
Three Months Ended April 4, 2026Commercial FoodserviceFood ProcessingCorporate and Other(2)Total
Other segment items(3)87,97235,98518,610142,567
Segment adjusted EBITDA(4)158,40041,423(19,200)180,623
Depreciation expense(5)7,2443,70555111,500
Amortization expense(6)10,6232,72162513,969
Net capital expenditures4,2143,3293967,939
Three Months Ended March 29, 2025
Net sales$562,717$167,906$730,623
Cost of sales330,445106,953647438,045

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Middleby's amortization of intangible assets and debt issuance costs?
Middleby (MIDD) reported amortization of intangible assets and debt issuance costs of $13.97M in Q1 2026.
How has Middleby's amortization of intangible assets and debt issuance costs changed year-over-year?
Middleby's amortization of intangible assets and debt issuance costs decreased by 12.7% year-over-year, from $16.01M to $13.97M.

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