MIDD
Middleby Corp
NASDAQ: MIDD · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY
$138.84
-2.13% today
Updated 2026-04-29
Market cap
$6.62B
P/E ratio
20.16
P/S ratio
2.07x
EPS (TTM)
$7.04
Dividend yield
—
52W range
$111 – $169
Volume
0.6M
Middleby Corp (MIDD) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $403.13M | $500.47M | $651.89M | $646.63M | $719.12M | $855.91M | $1.04B | $1.43B | $1.64B | $1.83B | $2.27B | $2.34B | $2.72B | $2.96B | $2.51B | $3.25B | $4.03B | $4.04B | $3.88B | $3.20B |
| Revenue growth (YoY) | — | +24.1% | +30.3% | -0.8% | +11.2% | +19.0% | +21.3% | +37.6% | +14.5% | +11.6% | +24.2% | +3.0% | +16.6% | +8.7% | -15.1% | +29.3% | +24.1% | +0.1% | -4.0% | -17.4% |
| Cost of revenue | $246.25M | $308.11M | $403.75M | $396.00M | $432.44M | $511.77M | $635.18M | $878.67M | $995.95M | $1.12B | $1.37B | $1.42B | $1.72B | $1.86B | $1.63B | $2.06B | $2.59B | $2.50B | $2.40B | $1.95B |
| Gross profit | $156.88M | $192.37M | $248.14M | $250.63M | $286.68M | $344.14M | $402.99M | $550.01M | $640.59M | $706.50M | $901.18M | $912.74M | $1.00B | $1.10B | $882.05M | $1.19B | $1.45B | $1.53B | $1.47B | $1.25B |
| Gross margin | 38.9% | 38.4% | 38.1% | 38.8% | 39.9% | 40.2% | 38.8% | 38.5% | 39.1% | 38.7% | 39.7% | 39.1% | 36.9% | 37.3% | 35.1% | 36.8% | 35.9% | 38.0% | 37.9% | 39.1% |
| R&D | $4.58M | $5.83M | $6.64M | $7.11M | $7.74M | $10.40M | $14.10M | $21.40M | $22.60M | $22.40M | $26.30M | $29.10M | $35.30M | $41.20M | $35.30M | $41.80M | $48.90M | $53.10M | — | — |
| SG&A | $39.63M | $48.63M | $64.91M | $74.95M | $88.12M | $104.31M | $108.78M | $149.91M | $164.09M | $181.79M | $220.55M | $468.22M | $538.84M | $564.09M | $491.90M | $622.91M | $754.55M | $798.47M | $762.50M | $663.16M |
| Operating income | $76.90M | $92.93M | $119.62M | $111.44M | $122.79M | $148.71M | $188.08M | $244.46M | $300.43M | $302.60M | $446.23M | $410.34M | $445.97M | $514.04M | $324.43M | $629.99M | $639.60M | $634.87M | $656.19M | $588.76M |
| Operating margin | 19.1% | 18.6% | 18.3% | 17.2% | 17.1% | 17.4% | 18.1% | 17.1% | 18.4% | 16.6% | 19.7% | 17.6% | 16.4% | 17.4% | 12.9% | 19.4% | 15.9% | 15.7% | 16.9% | 18.4% |
| EBITDA | $81.92M | $99.29M | $129.11M | $127.33M | $139.84M | $168.42M | $210.58M | $296.73M | $342.24M | $385.43M | $500.06M | $478.35M | $579.91M | $648.66M | $439.25M | $801.90M | $791.45M | $797.35M | $796.72M | $675.10M |
| EBITDA margin | 20.3% | 19.8% | 19.8% | 19.7% | 19.4% | 19.7% | 20.3% | 20.8% | 20.9% | 21.1% | 22.0% | 20.5% | 21.3% | 21.9% | 17.5% | 24.7% | 19.6% | 19.8% | 20.6% | 21.1% |
| EBIT | $77.06M | $92.93M | $116.72M | $111.44M | $122.83M | $148.71M | $183.68M | $253.56M | $300.99M | $331.36M | $443.95M | $408.57M | $482.67M | $545.23M | $331.16M | $676.66M | $653.39M | $671.95M | $669.55M | $576.10M |
| Interest expense | $6.93M | $0.00 | $12.98M | $11.59M | $8.59M | $8.50M | $9.24M | $15.90M | $15.59M | $16.97M | $23.88M | $25.98M | $58.74M | $82.61M | $78.62M | $57.16M | $88.98M | $120.35M | $92.23M | $93.83M |
| Income tax | $27.43M | $35.37M | $40.32M | $38.57M | $41.37M | $44.98M | $53.74M | $71.85M | $87.48M | $89.56M | $137.09M | $85.40M | $106.36M | $110.38M | $60.76M | $131.01M | $127.85M | $118.50M | $148.89M | — |
| Effective tax rate | 39.3% | 40.2% | 38.7% | 38.7% | 36.2% | 32.0% | 30.8% | 31.8% | 31.2% | 31.9% | 32.5% | 22.3% | 25.1% | 23.9% | 22.7% | 21.1% | 22.7% | 22.8% | 25.8% | 0.0% |
| Net income | $42.38M | $52.61M | $63.90M | $61.16M | $72.87M | $95.47M | $120.70M | $153.93M | $193.31M | $191.61M | $284.22M | $298.13M | $317.15M | $352.24M | $207.29M | $488.49M | $436.57M | $400.88M | $428.43M | $-277.73M |
| Net income growth (YoY) | — | +24.2% | +21.5% | -4.3% | +19.1% | +31.0% | +26.4% | +27.5% | +25.6% | -0.9% | +48.3% | +4.9% | +6.4% | +11.1% | -41.1% | +135.7% | -10.6% | -8.2% | +6.9% | -164.8% |
| Profit margin | 10.5% | 10.5% | 9.8% | 9.5% | 10.1% | 11.2% | 11.6% | 10.8% | 11.8% | 10.5% | 12.5% | 12.8% | 11.6% | 11.9% | 8.2% | 15.0% | 10.8% | 9.9% | 11.1% | -8.7% |