The Middleby Corporation

NasdaqGS:MIDD Stock Report

Market Cap: US$7.1b

Middleby Past Earnings Performance

Past criteria checks 3/6

Middleby has been growing earnings at an average annual rate of 7.4%, while the Machinery industry saw earnings growing at 16.1% annually. Revenues have been growing at an average rate of 9.5% per year. Middleby's return on equity is 11.8%, and it has net margins of 11.1%.

Key information

7.4%

Earnings growth rate

8.2%

EPS growth rate

Machinery Industry Growth8.8%
Revenue growth rate9.5%
Return on equity11.8%
Net Margin11.1%
Last Earnings Update28 Dec 2024

Recent past performance updates

Recent updates

With The Middleby Corporation (NASDAQ:MIDD) It Looks Like You'll Get What You Pay For

Apr 12
With The Middleby Corporation (NASDAQ:MIDD) It Looks Like You'll Get What You Pay For

Is There Now An Opportunity In The Middleby Corporation (NASDAQ:MIDD)?

Mar 28
Is There Now An Opportunity In The Middleby Corporation (NASDAQ:MIDD)?

The Middleby Corporation (NASDAQ:MIDD) Shares Could Be 39% Below Their Intrinsic Value Estimate

Mar 13
The Middleby Corporation (NASDAQ:MIDD) Shares Could Be 39% Below Their Intrinsic Value Estimate

Middleby - Spinning Off Food Processing Is A Good Start, But There's More To Do

Mar 12

Returns On Capital At Middleby (NASDAQ:MIDD) Have Hit The Brakes

Jan 20
Returns On Capital At Middleby (NASDAQ:MIDD) Have Hit The Brakes

The Middleby Corporation: If You Can't Stand The Heat, Stay Out Of The Kitchen

Jan 08

Is Middleby (NASDAQ:MIDD) A Risky Investment?

Jan 05
Is Middleby (NASDAQ:MIDD) A Risky Investment?

The Middleby Corporation's (NASDAQ:MIDD) Subdued P/E Might Signal An Opportunity

Dec 20
The Middleby Corporation's (NASDAQ:MIDD) Subdued P/E Might Signal An Opportunity

An Intrinsic Calculation For The Middleby Corporation (NASDAQ:MIDD) Suggests It's 44% Undervalued

Dec 05
An Intrinsic Calculation For The Middleby Corporation (NASDAQ:MIDD) Suggests It's 44% Undervalued

What Does The Middleby Corporation's (NASDAQ:MIDD) Share Price Indicate?

Nov 19
What Does The Middleby Corporation's (NASDAQ:MIDD) Share Price Indicate?

The Middleby Corporation Just Missed EPS By 8.2%: Here's What Analysts Think Will Happen Next

Nov 03
The Middleby Corporation Just Missed EPS By 8.2%: Here's What Analysts Think Will Happen Next

The Middleby Corporation: Organic Growth In The CF Segment Continues To Be Poor

Nov 02

Here's Why Middleby (NASDAQ:MIDD) Can Manage Its Debt Responsibly

Sep 19
Here's Why Middleby (NASDAQ:MIDD) Can Manage Its Debt Responsibly

Is The Middleby Corporation (NASDAQ:MIDD) Trading At A 47% Discount?

Sep 04
Is The Middleby Corporation (NASDAQ:MIDD) Trading At A 47% Discount?
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Innovations And Market Expansion Set To Propel Growth In The Food Industry

Aug 27 Middleby's expansion into new segments like beverage and ice, alongside technology innovations in automation and IoT, points to potential revenue growth and market share expansion.

Many Still Looking Away From The Middleby Corporation (NASDAQ:MIDD)

Aug 19
Many Still Looking Away From The Middleby Corporation (NASDAQ:MIDD)

Middleby: Rating Upgrade To Neutral Given Recent Results And Macro Developments

Aug 16

When Should You Buy The Middleby Corporation (NASDAQ:MIDD)?

Jul 29
When Should You Buy The Middleby Corporation (NASDAQ:MIDD)?

Investors Met With Slowing Returns on Capital At Middleby (NASDAQ:MIDD)

Jul 01
Investors Met With Slowing Returns on Capital At Middleby (NASDAQ:MIDD)

Middleby (NASDAQ:MIDD) Has A Pretty Healthy Balance Sheet

Jun 18
Middleby (NASDAQ:MIDD) Has A Pretty Healthy Balance Sheet

The Middleby Corporation: Rating Downgrade On Potential FY24 EBITDA Miss

Jun 14

An Intrinsic Calculation For The Middleby Corporation (NASDAQ:MIDD) Suggests It's 41% Undervalued

Jun 04
An Intrinsic Calculation For The Middleby Corporation (NASDAQ:MIDD) Suggests It's 41% Undervalued

Take Care Before Diving Into The Deep End On The Middleby Corporation (NASDAQ:MIDD)

May 06
Take Care Before Diving Into The Deep End On The Middleby Corporation (NASDAQ:MIDD)

The Middleby Corporation: Continued Growth And Cheap Stock Should Lead The Way Higher

Apr 01

Revenue & Expenses Breakdown

How Middleby makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:MIDD Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
28 Dec 243,8754287380
28 Sep 243,8703927500
29 Jun 243,9083877780
30 Mar 243,9563887830
30 Dec 234,0374017940
30 Sep 234,0604587960
01 Jul 234,0724547930
01 Apr 234,0464507700
31 Dec 224,0334377550
01 Oct 223,8684067260
02 Jul 223,6924786790
02 Apr 223,4874856540
01 Jan 223,2514886230
02 Oct 213,1144385790
03 Jul 212,9313225540
03 Apr 212,5942235020
02 Jan 212,5132074920
26 Sep 202,5722644960
27 Jun 202,6612865040
28 Mar 202,9503575400
28 Dec 192,9593525540
28 Sep 192,9283385420
29 Jun 192,9183295470
30 Mar 192,8253215360
29 Dec 182,7233175000
29 Sep 182,5992974820
30 Jun 182,4792994560
31 Mar 182,3902934430
30 Dec 172,3362984360
30 Sep 172,3003044360
01 Jul 172,2813054390
01 Apr 172,2823004410
31 Dec 162,2682844440
01 Oct 162,2062544360
02 Jul 162,0812274180
02 Apr 161,9362083910
02 Jan 161,8271923750
03 Oct 151,7271933500
04 Jul 151,6822043390
04 Apr 151,6711983420
03 Jan 151,6371933400
27 Sep 141,5791913230
28 Jun 141,5351733160

Quality Earnings: MIDD has high quality earnings.

Growing Profit Margin: MIDD's current net profit margins (11.1%) are higher than last year (10%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MIDD's earnings have grown by 7.4% per year over the past 5 years.

Accelerating Growth: MIDD's earnings growth over the past year (6.5%) is below its 5-year average (7.4% per year).

Earnings vs Industry: MIDD earnings growth over the past year (6.5%) did not outperform the Machinery industry 8.9%.


Return on Equity

High ROE: MIDD's Return on Equity (11.8%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/14 11:00
End of Day Share Price 2025/04/11 00:00
Earnings2024/12/28
Annual Earnings2024/12/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

The Middleby Corporation is covered by 23 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mircea DobreBaird
Adam SeidenBarclays
Christopher WilliamsBB&T Capital Markets