MIDDLEBY CorpMIDD

NasdaqIndustrialsRefrigeration & Service Industry Machinery
Price (close)
$108.03
Market cap
$6.1B
P/E
—
Revenue (TTM)
$3.4B
Net income
-$471.3M
Dividend yield
—
1-year total return
2.0%
Net margin
-13.9%
Revenue growth
8.4%
Debt / equity
0.90x

What MIDDLEBY Corp does.

The Middleby Corporation, a Delaware corporation (“Middleby” or the “company”), through its operating subsidiary Middleby Marshall Inc., a Delaware corporation (“Middleby Marshall”) and its subsidiaries, is a leader in the design, manufacture, marketing, distribution, and service of a broad line of (i) foodservice equipment, integrated IoT solutions and universal controllers used in all types of commercial restaurants and institutional kitchens and (ii) food preparation, cooking, baking, chilling and packaging equipment for food processing operations.

Founded in 1888 as a manufacturer of baking ovens, Middleby Marshall Oven Company was acquired in 1983 by TMC Industries Ltd., a publicly traded company that changed its name in 1985 to The Middleby Corporation. The company has established itself as a leading provider of (i) commercial restaurant equipment and (ii) food processing equipment as a result of its acquisition of industry leading brands and through the introduction of innovative products.

The company's annual reports on Form 10-K, including this Annual Report on Form 10-K, as well as the company's quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to such reports are available, free of charge, on the company's website, www.middleby.com . These reports are available as soon as reasonably practicable after they are electronically filed with or furnished to the Securities and Exchange Commission (“SEC”).

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$2.5B$3.3B$4.0B$3.2B$3.2B$3.2B
Net income$207.3M$488.5M$436.6M$400.9M$428.4M-$277.7M
Free cash flow$489.9M$376.8M$265.3M$569.6M$650.1M$559.5M

More on MIDD.

Figures from MIDDLEBY Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.