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Middleby MIDD Price / earnings

Price / earnings at other companies

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27.1×+9.9×
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39.5×+10.0×
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EMCOR GroupEME
24.6×+8.6×
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41×+8.2×
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26.2×+8.9×

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

Calculated from Middleby’s reported figures.

Based on the most recent quarter.

The official record: Middleby’s 10-Q, filed August 7, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Middleby's price / earnings?
Middleby (MIDD) reported price / earnings of 18.3× in Q2 2025.
How has Middleby's price / earnings changed year-over-year?
Middleby's price / earnings decreased by 3.0% year-over-year, from 18.8× to 18.3×.
What is the long-term trend for Middleby's price / earnings?
Over 4 years (2020 to 2024), Middleby's price / earnings has grown at a -12.4% compound annual growth rate (CAGR), from 36.4× to 21.5×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.