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The Middleby Corporation MIDD
Industrials - Industrial - Machinery - NASDAQ - US
Watchlist
$ 141.49
-0.205 %
$ 7.57 B
Market Cap
17.66
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one MIDD stock under the worst case scenario is HIDDEN Compared to the current market price of 141 USD, The Middleby Corporation is HIDDEN

MIDD Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one MIDD stock under the base case scenario is HIDDEN Compared to the current market price of 141 USD, The Middleby Corporation is HIDDEN

MIDD Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one MIDD stock under the best case scenario is HIDDEN Compared to the current market price of 141 USD, The Middleby Corporation is HIDDEN

MIDD Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart MIDD

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1M -3%
6M 3%
1Y 15%
3Y 12%
5Y 88%
All
$175.0$175.0$170.0$170.0$165.0$165.0$160.0$160.0$155.0$155.0$150.0$150.0$145.0$145.0$140.0$140.0$135.0$135.0$130.0$130.0$125.0$125.0$120.0$120.0Jan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 Jun
FINANCIALS
3.88 B REVENUE
-4.00%
Growth Rates
1Year -4.00%
3Years 6.03%
5Years 5.54%
7Years 7.50%
10Years 9.00%
656 M OPERATING INCOME
3.36%
Growth Rates
1Year 3.36%
3Years 13.54%
5Years 5.00%
7Years 6.94%
10Years 8.13%
428 M NET INCOME
6.87%
Growth Rates
1Year 6.87%
3Years -4.28%
5Years 3.99%
7Years 5.32%
10Years 8.28%
687 M OPERATING CASH FLOW
9.23%
Growth Rates
1Year 9.23%
3Years 17.50%
5Years 12.72%
7Years 12.32%
10Years 11.37%
-159 M INVESTING CASH FLOW
-1.79%
Growth Rates
1Year -1.79%
3Years 46.04%
5Years 13.52%
7Years 10.53%
10Years 3.78%
-73.8 M FINANCING CASH FLOW
81.13%
Growth Rates
1Year 81.13%
3Years -4.67%
5Years -23.72%
7Years -12.78%
10Years -24.98%
907 M REVENUE
-10.58%
Growth Rates
1Year -4.00%
3Years 6.03%
5Years 5.54%
7Years 7.50%
10Years 9.00%
141 M OPERATING INCOME
-17.25%
Growth Rates
1Year 3.36%
3Years 13.54%
5Years 5.00%
7Years 6.94%
10Years 8.13%
92.4 M NET INCOME
-17.77%
Growth Rates
1Year 6.87%
3Years -4.28%
5Years 3.99%
7Years 5.32%
10Years 8.28%
141 M OPERATING CASH FLOW
-41.13%
Growth Rates
1Year 9.23%
3Years 17.50%
5Years 12.72%
7Years 12.32%
10Years 11.37%
-34.8 M INVESTING CASH FLOW
69.58%
Growth Rates
1Year -1.79%
3Years 46.04%
5Years 13.52%
7Years 10.53%
10Years 3.78%
-57.1 M FINANCING CASH FLOW
-104.05%
Growth Rates
1Year 81.13%
3Years -4.67%
5Years -23.72%
7Years -12.78%
10Years -24.98%
Balance Sheet The Middleby Corporation
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Current Assets 2.33 B
Cash & Short-Term Investments 690 M
Receivables 643 M
Other Current Assets 997 M
Non-Current Assets 4.95 B
Long-Term Investments 0
PP&E 526 M
Other Non-Current Assets 4.43 B
9.47 %8.83 %13.69 %7.22 %60.79 %Total Assets$7.3b
Current Liabilities 829 M
Accounts Payable 209 M
Short-Term Debt 43.9 M
Other Current Liabilities 576 M
Non-Current Liabilities 2.82 B
Long-Term Debt 2.35 B
Other Non-Current Liabilities 464 M
5.73 %15.82 %64.51 %12.74 %Total Liabilities$3.6b
EFFICIENCY
Earnings Waterfall The Middleby Corporation
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Revenue 3.88 B
Cost Of Revenue 2.4 B
Gross Profit 1.47 B
Operating Expenses 814 M
Operating Income 656 M
Other Expenses 228 M
Net Income 428 M
4b4b4b4b3b3b3b3b2b2b2b2b1b1b500m500m004b(2b)1b(814m)656m(228m)428mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
37.94% GROSS MARGIN
37.94%
Averages
1Year 37.94%
3Years 37.27%
5Years 36.73%
7Years 36.83%
10Years 37.53%
16.93% OPERATING MARGIN
16.93%
Averages
1Year 16.93%
3Years 16.17%
5Years 15.04%
7Years 15.57%
10Years 16.28%
11.06% NET MARGIN
11.06%
Averages
1Year 11.06%
3Years 10.60%
5Years 11.02%
7Years 11.23%
10Years 11.44%
11.78% ROE
11.78%
Averages
1Year 11.78%
3Years 13.24%
5Years 13.96%
7Years 15.28%
10Years 16.77%
5.88% ROA
5.88%
Averages
1Year 5.88%
3Years 6.01%
5Years 5.93%
7Years 6.24%
10Years 6.93%
7.49% ROIC
7.49%
Averages
1Year 7.49%
3Years 7.93%
5Years 7.14%
7Years 7.56%
10Years 8.55%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis The Middleby Corporation
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700m700m600m600m500m500m400m400m300m300m200m200m100m100m00201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 428 M
Depreciation & Amortization 127 M
Capital Expenditures -49.3 M
Stock-Based Compensation 36.2 M
Change in Working Capital 35.9 M
Others -26.3 M
Free Cash Flow 638 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets The Middleby Corporation
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Wall Street analysts predict an average 1-year price target for MIDD of $166 , with forecasts ranging from a low of $159 to a high of $175 .
MIDD Lowest Price Target Wall Street Target
159 USD 12.38%
MIDD Average Price Target Wall Street Target
166 USD 17.20%
MIDD Highest Price Target Wall Street Target
175 USD 23.68%
Price
Max Price Target
Min Price Target
Average Price Target
180180170170160160150150140140130130120120110110Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 13
6. Ownership
Insider Ownership The Middleby Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
81.8 K USD 1
6-9 MONTHS
105 K USD 2
9-12 MONTHS
27.4 K USD 1
Bought
93.8 M USD 2
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
The Middleby Corporation's Separation May Fuel Upside Despite recent revenue declines and mixed segment results, Middleby remains attractively valued relative to peers, supporting a bullish stance. A major catalyst is the planned spinoff of the Food Processing Equipment Group, unlocking value and growth potential for both entities. Management targets significant revenue and EBITDA growth for both the spun-off and remaining businesses by 2028, implying strong annualized upside. seekingalpha.com - 2 weeks ago
Insider Buying at These 6 Companies Kicks Into High Gear Maybe it's the 12.6% rebound recovery over the past month. Maybe it's the fact that the first-quarter earnings reporting season is winding down. 247wallst.com - 1 month ago
Middleby's Q1 Earnings Surpass Estimates While Revenues Miss MIDD's first-quarter 2025 net sales decrease 2% year over year on account of the lackluster performance of Commercial Foodservice and Food Processing segments. zacks.com - 1 month ago
The Middleby Corporation (MIDD) Q1 2025 Earnings Call Transcript The Middleby Corporation (NASDAQ:MIDD ) Q1 2025 Earnings Conference Call May 7, 2025 11:00 AM ET Company Participants Timothy FitzGerald - Chief Executive Officer Bryan Mittelman - Chief Financial Officer Steve Spittle - Chief Commercial Officer James Pool - Chief Technology and Operations Officer Conference Call Participants Walt Liptak - Seaport Global Jeff Hammond - KeyBanc Capital Markets Mircea Dobre - Baird & Co. Timothy Thein - Raymond James Tami Zakaria - JPMorgan Brian McNamara - Canaccord Genuity Operator Good day, and welcome to The Middleby Corporation First Quarter 2025 Earnings Conference Call. All participants will be in listen-only mode. seekingalpha.com - 1 month ago
Here's What Key Metrics Tell Us About Middleby (MIDD) Q1 Earnings The headline numbers for Middleby (MIDD) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 1 month ago
Middleby (MIDD) Q1 Earnings Beat Estimates Middleby (MIDD) came out with quarterly earnings of $2.08 per share, beating the Zacks Consensus Estimate of $1.94 per share. This compares to earnings of $1.89 per share a year ago. zacks.com - 1 month ago
The Middleby Corporation Reports First Quarter Results and Board of Directors Increases Share Buyback Authorization to 21% of Equity ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today reported net earnings for the first quarter of 2025. Middleby further announced an acceleration to its share repurchase program, with expectation to deploy the vast majority of its free cash flow to the buyback of shares. This follows the company's February 2025 announcement to separate its. businesswire.com - 1 month ago
Middleby (MIDD) Earnings Expected to Grow: Should You Buy? Middleby (MIDD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 2 months ago
Middleby Schedules First Quarter Earnings Release and Conference Call ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) will release 2025 first quarter earnings on Wednesday, May 7 at 7 a.m. Eastern Time. The company has scheduled a conference call to discuss the results at 11 a.m. Eastern Time on May 7. The call is accessible through the Investor Relations section of the company website at www.middleby.com. If website access is not available, attendees can access the conference by dialing 1-844-676-5090 for domestic participants or 1-412-634-. businesswire.com - 2 months ago
Middleby (MIDD) Soars 14.7%: Is Further Upside Left in the Stock? Middleby (MIDD) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road. zacks.com - 2 months ago
Here's Why It is Appropriate to Retain Middleby Stock Now MIDD is set to gain from strength in the Food Processing Equipment Group segment and accretive acquisitions. The company's measures to reward its shareholders are noteworthy. zacks.com - 2 months ago
Bet on These 5 Stocks With Robust Sales Growth for Exceptional Returns Against heightened market volatility, the traditional stock picking method - sales growth - is apt. Stocks like DRI, MIDD, INTU, CFR & AEP are worth buying. zacks.com - 3 months ago
8. Profile Summary

The Middleby Corporation MIDD

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COUNTRY US
INDUSTRY Industrial - Machinery
MARKET CAP $ 7.57 B
Dividend Yield 0.00%
Description 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.
Contact 1400 Toastmaster Drive, Elgin, IL, 60120 https://www.middleby.com
IPO Date Aug. 10, 1987
Employees 10616
Officers Mr. Michael D. Thompson General Counsel & Secretary Mr. Magdy Albert President Food Processing Group Ms. Darcy Bretz Director of Corporate Communications Mr. Steven P. Spittle Chief Commercial Officer Mr. Bryan E. Mittelman CPA Chief Financial Officer Mr. Matthew R. Fuchsen Chief Development Officer Ousama Sidani Vice President of Supply Chain & Group President of Houno A/S Mr. George F. Koether Group President of business operations in Asia Ms. Brittany C. Cerwin Chief Accounting Officer Mr. James K. Pool III Chief Technology & Operations Officer