About middleby - MIDD
The Middleby Corp. engages in the design, manufacture, marketing, and distribution of foodservice equipment. It operates through the following segments: Commercial Foodservice Equipment Group, Food Processing Equipment Group, Residential Kitchen Equipment Group, and Corporate and Other. The Commercial Foodservice Equipment Group segment manufactures, sells, and distributes foodservice equipment for the restaurant and institutional kitchen industry. The Food Processing Equipment Group segment manufactures preparation, cooking, packaging, food handling, and food safety equipment for the food processing industry. The Residential Kitchen Equipment Group segment manufactures, sells, and distributes kitchen equipment such as cookers, stoves, ovens, refrigerators, dishwashers, microwaves, cooktops, wine coolers, ice machines, ventilation, and outdoor equipment for the residential market. The Corporate and Other segment refers to the corporate and other general company assets and operations. The company was founded in 1888 and is headquartered in Elgin, IL.
MIDD At a Glance
The Middleby Corp.
1400 Toastmaster Drive
Elgin, Illinois 60120
| Phone | 1-847-741-3300 | Revenue | 4.04B | |
| Industry | Industrial Machinery | Net Income | 400.88M | |
| Sector | Producer Manufacturing | 2023 Sales Growth | 0.093% | |
| Fiscal Year-end | 12 / 2024 | Employees | 10,722 | |
| View SEC Filings |
MIDD Valuation
| P/E Current | 18.70 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 19.856 |
| Price to Sales Ratio | 1.972 |
| Price to Book Ratio | 2.427 |
| Price to Cash Flow Ratio | 12.659 |
| Enterprise Value to EBITDA | 11.964 |
| Enterprise Value to Sales | 2.54 |
| Total Debt to Enterprise Value | 0.248 |
MIDD Efficiency
| Revenue/Employee | 376,478.735 |
| Income Per Employee | 37,388.733 |
| Receivables Turnover | 5.836 |
| Total Asset Turnover | 0.586 |
MIDD Liquidity
| Current Ratio | 2.31 |
| Quick Ratio | 1.21 |
| Cash Ratio | 0.291 |
MIDD Profitability
| Gross Margin | 37.461 |
| Operating Margin | 18.121 |
| Pretax Margin | 12.867 |
| Net Margin | 9.931 |
| Return on Assets | 5.818 |
| Return on Equity | 13.257 |
| Return on Total Capital | 6.925 |
| Return on Invested Capital | 7.113 |
MIDD Capital Structure
| Total Debt to Total Equity | 78.131 |
| Total Debt to Total Capital | 43.861 |
| Total Debt to Total Assets | 36.764 |
| Long-Term Debt to Equity | 75.939 |
| Long-Term Debt to Total Capital | 42.631 |
Middleby in the News
Federal government wants McDonald's broken-down ice cream machines fixed
The government is scrutinizing a law that allows the company that exclusively makes McDonald's ice cream machines to also have the exclusive right to repairs.
‘Bar Rescue’ host Jon Taffer shares advice on starting a small business amid inflation and post-pandemic
"Bar Rescue" host Jon Taffer has franchised his Taffer's Tavern concept and is reaping the benefits. The reality TV star discusses how to make it amid inflation in a post-pandemic world.