The Middleby Corporation

The Middleby Corporation

MIDDยทNASDAQ

$156.22

+0.74%
IndustrialsIndustrial - Machinery

The Middleby Corporation designs, manufactures, markets, distributes, and services a range of foodservice, food processing, and residential kitchen equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; and soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment, fry dispensers, bottle filling and canning equipment, and IoT solutions. The company's Food Processing Equipment Group segment provides batch, baking, proofing, conveyor belt, and continuous processing ovens; frying and automated thermal processing systems; tumblers, massagers, grinders, slicers, reduction and emulsion systems, mixers, formers, and blenders; battering, breading, and seeding equipment; water cutting systems, food presses, food suspension equipment, filling and depositing solutions, and forming equipment; and food safety, food handling, freezing, and defrosting and packaging equipment for customers producing hot dog, dinner sausage, poultry, and lunchmeat, as well as muffin, cookie, and bread products. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising cookers, stoves, dishwashers, microwaves, cooktops, wine coolers, ice machines, and ventilation and outdoor equipment. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The company was founded in 1888 and is based in Elgin, Illinois.

At a Glance

Live Snapshot
Market Cap$7.06B
EPS-5.3800
P/E Ratio-29.04
Earnings Date08/05/2026
3Y+90.0%
5Y+20.0%
10Y+114.0%
3Y-64.0%
5Y+19.0%
10Y-46.0%
3Y-12824.0%
5Y+285.0%
10Y+2247.0%
MIDD

The Middleby Corporation Cash Conversion Engine

MIDD ยท NASDAQ
Net Income-277.73M
Depreciation & Amortization105.31M
Stock-Based Compensation13.46M
Change in Working Capital4.23M
Others714.79M
Capital Expenditures-71.84M
Free Cash Flow558.35M

Cash Flow Quality Analysis

FCF Conversion Rate

-201.0%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

11.4%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-12.4%

Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.

Working Capital Impact

+$4.23M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

The Middleby Corporation Cash Flow Statement

MIDD โ€ข NASDAQ

The Middleby Corporation Cash Flow StatementJan 2026Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
-277.7M
428.4M
400.9M
436.6M
488.5M
207.3M
352.2M
317.2M
298.1M
284.2M
191.6M
193.3M
153.9M
120.7M
95.5M
72.9M
61.2M
63.9M
52.6M
42.4M
105.3M
127.2M
132.6M
138.1M
125.2M
110.5M
103.4M
97.2M
69.8M
58.2M
54.1M
41.3M
43.2M
26.9M
19.7M
17M
15.9M
12.4M
6.4M
4.9M
70.1M
35.9M
-2.4M
-6.6M
6.9M
16.4M
22.2M
20.5M
-14.5M
21.4M
1.9M
15.3M
-3M
-83K
5.4M
1.4M
11.1M
-1.5M
4.6M
677K
13.5M
36.2M
51M
58.4M
42.3M
19.6M
8.1M
2.5M
6.2M
27.9M
15.9M
16.7M
11.9M
12M
18.1M
14.7M
10.7M
0.0
0.0
0.0
714.8M
23.2M
70.6M
-54.8M
-43.9M
-4M
-28.9M
6.4M
49.1M
199.8M
115.9M
7.5M
-20K
25K
4K
-7K
0.0
11.6M
8.3M
4.6M
4.2M
35.9M
-23.9M
-239M
-195.6M
174.9M
-79.7M
-74.9M
-104.3M
-97.6M
-13.9M
-32.7M
-59.8M
-31.2M
-8.3M
-8M
1.9M
-991K
-12.3M
-2.4M
630.2M
686.8M
628.8M
332.6M
423.4M
524.8M
377.4M
368.9M
304.5M
294.1M
249.6M
233.9M
146.2M
128.3M
130.4M
98M
100.8M
85.3M
59.5M
50.1M
INVESTING ACTIVITIES
-70.7M
-49.3M
-85.2M
-69.5M
-51.6M
-41.9M
-46.6M
-41.4M
-54.5M
-24.8M
-22.4M
-13.1M
-19.6M
-7.7M
-7.8M
-3.2M
-5.7M
-4.3M
-3.3M
-2.3M
-32M
-111.7M
-68.8M
-278.8M
-963.6M
-79M
-281.1M
-1.2B
-305.3M
-210.9M
-348.6M
-219.9M
-461.6M
-62.2M
-181.1M
-25.7M
-133.3M
-205.8M
-68.4M
-6.4M
-24.2M
2.4M
-1.8M
0.0
6.3M
14.1M
0.0
-5.4M
14.3M
0.0
0.0
0.0
7M
-62.2M
0.0
0.0
0.0
0.0
0.0
0.0
-126.9M
-158.5M
-155.7M
-348.3M
-1B
-106.8M
-327.7M
-1.2B
-345.5M
-235.7M
-371M
-233.1M
-474.2M
-69.9M
-188.9M
-28.9M
-139M
-210.1M
-71.7M
-8.7M
FINANCING ACTIVITIES
-723.6M
-34.7M
-74.6M
-264.8M
-29.3M
-85.9M
-6.1M
0.0
-239.8M
-4.4M
-4.8M
-44.3M
-549K
-17.9M
-15.4M
-8.4M
391K
-12.4M
4.5M
798K
-227.4M
-35M
-308.5M
290.3M
602M
-162.9M
-17.7M
857.7M
295.7M
-29.3M
139.2M
27.7M
311.4M
-63.2M
103M
-61.1M
39.3M
133.2M
12.8M
-42.7M
-723.6M
-34.7M
-74.6M
-264.8M
-29.3M
-85.9M
-6.1M
(0.0)
-239.8M
-4.4M
-4.8M
-44.3M
-4.4M
-20.7M
-15.7M
-9M
(0.0)
-12.4M
(0.0)
(0.0)
-19.9M
-4.1M
-7.9M
-17.9M
-70M
-3.7M
-1.6M
-1.6M
0.0
-7.6M
2.4M
25.5M
23.2M
16.1M
4M
-450K
-448K
3.2M
0.0
0.0
-970.9M
-73.8M
-390.9M
7.6M
502.8M
-252.5M
-25.4M
856.1M
55.8M
-41.4M
136.8M
8.9M
330.2M
-64.9M
91.6M
-69.9M
39.2M
124.1M
16M
-41.9M
CASH FLOW SUMMARY
51.1M
-12.5M
3.4M
-10.2M
-5.1M
8M
-1.5M
-3.6M
6.3M
-4M
-3.8M
-2.7M
358K
640K
-512K
89K
1.2M
-651K
124K
153K
-416.5M
442M
85.5M
-18.4M
-87.7M
173.6M
22.8M
-18M
21.2M
13M
11.6M
7.1M
2.5M
-5.9M
32.6M
-707K
2.2M
-1.3M
3.9M
-374K
638.8M
247.5M
162M
180.4M
268.1M
94.5M
71.7M
89.7M
68.5M
55.5M
43.9M
36.9M
34.4M
40.2M
7.7M
8.4M
6.1M
7.5M
3.5M
3.9M
222.2M
689.5M
247.5M
162M
180.4M
268.1M
94.5M
71.7M
89.7M
68.5M
55.5M
43.9M
36.9M
34.4M
40.2M
7.7M
8.4M
6.1M
7.5M
3.5M
558.4M
637.5M
541.8M
263M
371.8M
482.9M
330.8M
327.5M
250M
269.3M
227.2M
220.7M
126.5M
120.7M
122.6M
94.8M
95M
81M
56.2M
47.8M

SEC Filings

MIDD - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 26, 2026
May 20, 2026
2026
8-K

8-K 2026

N/A

May 21, 2026
May 19, 2026
2026
10-Q

10-Q 2026 Q2

Q2

May 14, 2026
April 04, 2026
2026
8-K

8-K 2026

N/A

May 12, 2026
May 12, 2026
2026
8-K

8-K 2026

N/A

May 11, 2026
May 11, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

May 04, 2026
May 04, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 08, 2026
May 19, 2026
2026
8-K

8-K 2026

N/A

April 01, 2026
April 01, 2026
2026
8-K

8-K 2026

N/A

March 25, 2026
March 24, 2026
2026
Showing 1 to 10 of 448 filings