What are Middleby's profit margins?

Middleby (MIDD) runs a 31.3% gross margin and a 17.1% operating margin, with a -12.7% net margin.

Where do Middleby's ratios come from?

Every ratio is computed from Middleby's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Middleby MIDD Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	31.3%-0.4pp	31.4%+3.7pp	31.6%+4.9pp	31.9%+0.1pp	31.7%-4.3pp
Operating margin	17.1%-3.2pp	17.6%-2.8pp	-3.5%-27.9pp	19.7%-2.8pp	20.3%-0.7pp
Net margin	-12.7%-26.6pp	-8.7%-22.3pp	-6.4%-21.9pp	13.6%-0.5pp	13.9%+0.9pp
EBITDA margin	20.3%-3.2pp	20.9%-2.8pp	-0.2%-28.7pp	23.1%-3.4pp	23.5%-1.1pp
Free cash flow margin	15.2%-5.2pp	17.5%-3.2pp	19.1%-7.6pp	19%-7.6pp	20.4%-0.7pp
Returns
Return on equity	-13.8%-26.1pp	-8.7%-21.1pp	-6.2%-17.9pp	12.1%0.0pp	12.3%-0.2pp
Return on assets	-6.6%-12.6pp	-4.1%-10.1pp	-3%-8.5pp	5.9%+0.4pp	6.1%+0.5pp
Return on invested capital	10.9%+0.6pp	8.4%-0.4pp	-2.6%-12.7pp	10%+1.3pp	10.3%+1.4pp
Efficiency
Asset turnover	0.5×+0.1×	0.5×0.0×	0.5×+0.1×	0.4×0.0×	0.4×0.0×
Inventory turnover	2.4×+0.4×	2.7×+0.3×	2×0.0×	1.9×+0.1×	1.9×+0.1×
Liquidity
Current ratio	2×-0.8×	2.6×-0.2×	2.1×-0.7×	2.6×+0.1×	2.7×+0.3×
Quick ratio	1.1×-0.6×	1.9×-0.1×	1.1×-0.6×	1.6×+0.1×	1.7×+0.5×
Cash ratio	0.2×-0.6×	0.2×-0.6×	0.2×-0.6×	0.6×0.0×	0.8×+0.4×
Leverage
Debt-to-equity	0.8×+0.6×	0.8×+0.1×	0.7×+0.5×	0.2×-0.5×	0.2×-0.5×
Debt-to-assets	0.3×+0.2×	0.4×0.0×	0.3×+0.2×	0.1×-0.2×	0.1×-0.2×
Net debt / EBITDA	2.6×+2.5×	3.1×+0.7×	——	0.4×-2.3×	0.1×-2.7×
Interest coverage	6×-1.0×	6×-0.9×	-1.3×-7.2×	7×+1.4×	7.1×+1.8×
Per Share
Book value per share	$50.27-26.4%	$55.49-17.1%	$57.71-13.2%	$68.15+7.7%	$68.29+12.2%
Valuation
Market capitalization	$6.54B-7.9%	$7.41B-19.5%	$6.3B-9.7%	$7.77B+6.5%	$7.1B-4.6%
Enterprise value	$8.26B+15.1%	$9.48B-13.8%	$8.22B+14.3%	$8.08B-12.8%	$7.18B-24.8%
Price / sales	2×-0.3×	2.3×-0.6×	2×-0.8×	2.5×-0.2×	2.3×-0.2×
Price / book	2.8×+0.9×	2.7×+0.1×	2.1×+0.2×	2.1×0.0×	1.9×-0.3×
EV / EBITDA	12.3×+2.5×	14.2×-0.5×	——	11.2×-1.5×	9.8×-3.2×
EV / sales	2.5×+0.2×	3×-0.5×	2.6×-0.2×	2.6×-0.8×	2.3×-0.9×
Free cash flow yield	7.7%-1.3pp	7.5%+0.5pp	9.6%-0.1pp	7.6%-2.4pp	9%+0.5pp
Earnings yield	-6.4%-12.5pp	-3.7%-8.4pp	-3.2%-8.8pp	5.5%+0.2pp	6.1%+0.9pp

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Questions, answered.

What are Middleby's profit margins?: Middleby (MIDD) runs a 31.3% gross margin and a 17.1% operating margin, with a -12.7% net margin.
Where do Middleby's ratios come from?: Every ratio is computed from Middleby's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.