Middleby Past Earnings Performance
Past criteria checks 2/6
Middleby has been growing earnings at an average annual rate of 9.5%, while the Machinery industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 9.8% per year. Middleby's return on equity is 12.3%, and it has net margins of 9.9%.
Key information
9.5%
Earnings growth rate
10.3%
EPS growth rate
| Machinery Industry Growth | 8.8% |
| Revenue growth rate | 9.8% |
| Return on equity | 12.3% |
| Net Margin | 9.9% |
| Last Earnings Update | 30 Dec 2023 |
Recent past performance updates
Recent updates
The Middleby Corporation: Continued Growth And Cheap Stock Should Lead The Way Higher
Apr 01Here's What To Make Of Middleby's (NASDAQ:MIDD) Decelerating Rates Of Return
Mar 21
Here's Why Middleby (NASDAQ:MIDD) Can Manage Its Debt Responsibly
Feb 19Is There Now An Opportunity In The Middleby Corporation (NASDAQ:MIDD)?
Feb 05With EPS Growth And More, Middleby (NASDAQ:MIDD) Makes An Interesting Case
Jan 22The Middleby Corporation (NASDAQ:MIDD) Shares Could Be 23% Below Their Intrinsic Value Estimate
Dec 26Middleby's (NASDAQ:MIDD) Returns Have Hit A Wall
Nov 29We Think Middleby (NASDAQ:MIDD) Can Stay On Top Of Its Debt
Oct 24The Middleby Corporation (NASDAQ:MIDD) Shares Could Be 47% Below Their Intrinsic Value Estimate
Sep 24Is There Now An Opportunity In The Middleby Corporation (NASDAQ:MIDD)?
Sep 08Capital Allocation Trends At Middleby (NASDAQ:MIDD) Aren't Ideal
Jul 26Here's Why Middleby (NASDAQ:MIDD) Can Manage Its Debt Responsibly
Jul 11The Middleby Corporation's (NASDAQ:MIDD) Intrinsic Value Is Potentially 49% Above Its Share Price
Jun 26What Is The Middleby Corporation's (NASDAQ:MIDD) Share Price Doing?
May 25Middleby (NASDAQ:MIDD) Could Be Struggling To Allocate Capital
Apr 18Is Middleby (NASDAQ:MIDD) Using Too Much Debt?
Apr 03Is Now The Time To Look At Buying The Middleby Corporation (NASDAQ:MIDD)?
Feb 09Estimating The Fair Value Of The Middleby Corporation (NASDAQ:MIDD)
Jan 25Here's What's Concerning About Middleby's (NASDAQ:MIDD) Returns On Capital
Jan 11We Think Middleby (NASDAQ:MIDD) Can Stay On Top Of Its Debt
Dec 29Is Now The Time To Look At Buying The Middleby Corporation (NASDAQ:MIDD)?
Nov 01The Middleby Corporation's (NASDAQ:MIDD) Intrinsic Value Is Potentially 67% Above Its Share Price
Oct 20Middleby (NASDAQ:MIDD) May Have Issues Allocating Its Capital
Oct 08Middleby (NASDAQ:MIDD) Seems To Use Debt Quite Sensibly
Sep 26Here's Why Middleby (NASDAQ:MIDD) Has Caught The Eye Of Investors
Sep 12Middleby acquires Colussi Ermes to enhance automated food safety solutions
Jul 27At US$136, Is The Middleby Corporation (NASDAQ:MIDD) Worth Looking At Closely?
Jul 26Middleby acquires CP Packaging, expands offerings in packaging inovation
Jul 12The Middleby Corporation's (NASDAQ:MIDD) Intrinsic Value Is Potentially 91% Above Its Share Price
Jul 12Middleby acquires Italian automation solutions firm
Jun 29Middleby (NASDAQ:MIDD) May Have Issues Allocating Its Capital
Jun 26Here's Why I Think Middleby (NASDAQ:MIDD) Is An Interesting Stock
Jun 11Does Middleby (NASDAQ:MIDD) Have A Healthy Balance Sheet?
May 16Is Now An Opportune Moment To Examine The Middleby Corporation (NASDAQ:MIDD)?
Apr 21The Middleby Corporation (NASDAQ:MIDD) Shares Could Be 33% Below Their Intrinsic Value Estimate
Mar 28Middleby Seeing Scorching Foodservice Demand
Mar 15Investors Could Be Concerned With Middleby's (NASDAQ:MIDD) Returns On Capital
Mar 15If You Like EPS Growth Then Check Out Middleby (NASDAQ:MIDD) Before It's Too Late
Mar 03These 4 Measures Indicate That Middleby (NASDAQ:MIDD) Is Using Debt Reasonably Well
Feb 06Why The Middleby Corporation (NASDAQ:MIDD) Could Be Worth Watching
Jan 11Middleby: Bolt-On Dealmaking Is The Way To Go
Dec 30Revenue & Expenses BreakdownBeta
Revenue & Expenses Breakdown
BetaHow Middleby makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Dec 23 | 4,037 | 401 | 794 | 0 |
| 30 Sep 23 | 4,060 | 458 | 793 | 0 |
| 01 Jul 23 | 4,072 | 454 | 795 | 0 |
| 01 Apr 23 | 4,046 | 450 | 773 | 0 |
| 31 Dec 22 | 4,033 | 437 | 752 | 0 |
| 01 Oct 22 | 3,868 | 406 | 726 | 0 |
| 02 Jul 22 | 3,692 | 478 | 679 | 0 |
| 02 Apr 22 | 3,487 | 485 | 654 | 0 |
| 01 Jan 22 | 3,251 | 488 | 623 | 0 |
| 02 Oct 21 | 3,114 | 438 | 579 | 0 |
| 03 Jul 21 | 2,931 | 322 | 554 | 0 |
| 03 Apr 21 | 2,594 | 223 | 502 | 0 |
| 02 Jan 21 | 2,513 | 207 | 492 | 0 |
| 26 Sep 20 | 2,572 | 264 | 496 | 0 |
| 27 Jun 20 | 2,661 | 286 | 504 | 0 |
| 28 Mar 20 | 2,950 | 357 | 540 | 0 |
| 28 Dec 19 | 2,959 | 352 | 554 | 0 |
| 28 Sep 19 | 2,928 | 338 | 542 | 0 |
| 29 Jun 19 | 2,918 | 329 | 547 | 0 |
| 30 Mar 19 | 2,825 | 321 | 536 | 0 |
| 29 Dec 18 | 2,723 | 317 | 500 | 0 |
| 29 Sep 18 | 2,599 | 297 | 482 | 0 |
| 30 Jun 18 | 2,479 | 299 | 456 | 0 |
| 31 Mar 18 | 2,390 | 293 | 443 | 0 |
| 30 Dec 17 | 2,336 | 298 | 436 | 0 |
| 30 Sep 17 | 2,300 | 304 | 436 | 0 |
| 01 Jul 17 | 2,281 | 305 | 439 | 0 |
| 01 Apr 17 | 2,282 | 300 | 441 | 0 |
| 31 Dec 16 | 2,268 | 284 | 444 | 0 |
| 01 Oct 16 | 2,206 | 254 | 436 | 0 |
| 02 Jul 16 | 2,081 | 227 | 418 | 0 |
| 02 Apr 16 | 1,936 | 208 | 391 | 0 |
| 02 Jan 16 | 1,827 | 192 | 375 | 0 |
| 03 Oct 15 | 1,727 | 193 | 350 | 0 |
| 04 Jul 15 | 1,682 | 204 | 339 | 0 |
| 04 Apr 15 | 1,671 | 198 | 342 | 0 |
| 03 Jan 15 | 1,637 | 193 | 340 | 0 |
| 27 Sep 14 | 1,579 | 191 | 323 | 0 |
| 28 Jun 14 | 1,535 | 173 | 316 | 0 |
| 29 Mar 14 | 1,474 | 161 | 302 | 0 |
| 28 Dec 13 | 1,429 | 154 | 296 | 0 |
| 28 Sep 13 | 1,343 | 142 | 284 | 0 |
| 29 Jun 13 | 1,241 | 131 | 263 | 0 |
Quality Earnings: MIDD has high quality earnings.
Growing Profit Margin: MIDD's current net profit margins (9.9%) are lower than last year (10.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MIDD's earnings have grown by 9.5% per year over the past 5 years.
Accelerating Growth: MIDD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MIDD had negative earnings growth (-8.1%) over the past year, making it difficult to compare to the Machinery industry average (11.7%).
Return on Equity
High ROE: MIDD's Return on Equity (12.3%) is considered low.