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Middleby MIDD Total debt

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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 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.

Plus components not separately reported this period.

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 total debt?
Middleby (MIDD) reported total debt of $1.9B in Q1 2026.
How has Middleby's total debt changed year-over-year?
Middleby's total debt increased by 130.8% year-over-year, from $821.29M to $1.9B.
What is the long-term trend for Middleby's total debt?
Over 5 years (2020 to 2025), Middleby's total debt has grown at a 4.6% compound annual growth rate (CAGR), from $1.83B to $2.29B.
What does total debt mean?
The total amount of money the company owes to banks, bondholders, and lessors.
How do you interpret total debt?
An increase suggests higher financial leverage and potential interest expense pressure, while a decrease indicates deleveraging or debt repayment. High levels relative to earnings may signal increased financial risk, especially in rising interest rate environments.
How does total debt compare across companies?
Peers in the industrial and manufacturing sectors typically maintain debt levels aligned with their capital expenditure cycles and acquisition strategies, often measured via debt-to-EBITDA ratios.