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The Middleby Corporation MIDD
Industrials - Industrial - Machinery - NASDAQ - US
Watchlist
$ 129.27
-4.57 %
$ 6.93 B
Market Cap
16.36
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MIDD stock under the worst case scenario is HIDDEN Compared to the current market price of 129 USD, The Middleby Corporation is HIDDEN

MIDD Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MIDD stock under the base case scenario is HIDDEN Compared to the current market price of 129 USD, The Middleby Corporation is HIDDEN

MIDD Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MIDD stock under the best case scenario is HIDDEN Compared to the current market price of 129 USD, The Middleby Corporation is HIDDEN

MIDD Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart MIDD

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1M -19%
6M -8%
1Y -10%
3Y -18%
5Y 152%
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$125.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
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%
1.01 B REVENUE
7.54%
Growth Rates
1Year -4.00%
3Years 6.03%
5Years 5.54%
7Years 7.50%
10Years 9.00%
170 M OPERATING INCOME
-3.44%
Growth Rates
1Year 3.36%
3Years 13.54%
5Years 5.00%
7Years 6.94%
10Years 8.13%
112 M NET INCOME
-1.63%
Growth Rates
1Year 6.87%
3Years -4.28%
5Years 3.99%
7Years 5.32%
10Years 8.28%
240 M OPERATING CASH FLOW
53.02%
Growth Rates
1Year 9.23%
3Years 17.50%
5Years 12.72%
7Years 12.32%
10Years 11.37%
-115 M INVESTING CASH FLOW
-737.13%
Growth Rates
1Year -1.79%
3Years 46.04%
5Years 13.52%
7Years 10.53%
10Years 3.78%
-28 M FINANCING CASH FLOW
-798.49%
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 $163 , with forecasts ranging from a low of $159 to a high of $170 .
MIDD Lowest Price Target Wall Street Target
159 USD 23.00%
MIDD Average Price Target Wall Street Target
163 USD 26.09%
MIDD Highest Price Target Wall Street Target
170 USD 31.51%
Price
Max Price Target
Min Price Target
Average Price Target
180180170170160160150150140140130130120120110110May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '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
81.8 K USD 1
3-6 MONTHS
105 K USD 2
6-9 MONTHS
27.4 K USD 1
9-12 MONTHS
304 K USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
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 - 1 month ago
Middleby Reports Strong Q4, Plans Strategic Split The Middleby Corporation (MIDD -1.28%) announced several major strategic moves in its fourth-quarter earnings call on February 25, 2025, including plans to separate its Food Processing business into a stand-alone public company. Here are the key insights for long-term investors. fool.com - 1 month ago
Middleby's Q4 Earnings and Sales Beat Estimates, Increase Y/Y MIDD's fourth-quarter 2024 net sales increase 0.5% year over year on account of the impressive performance of the Food Processing Equipment Group segment. zacks.com - 1 month ago
Middleby (MIDD) Reports Q4 Earnings: What Key Metrics Have to Say While the top- and bottom-line numbers for Middleby (MIDD) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 1 month ago
Middleby Smashes EPS Expectations Middleby (MIDD 1.70%), a leading player in commercial, food processing, and residential kitchen equipment, released its Q4 2024 earnings on February 25, 2025. fool.com - 1 month ago
Middleby (MIDD) Q4 Earnings and Revenues Top Estimates Middleby (MIDD) came out with quarterly earnings of $2.88 per share, beating the Zacks Consensus Estimate of $2.50 per share. This compares to earnings of $2.65 per share a year ago. zacks.com - 1 month ago
Middleby Appoints Ed Garden and Julie Bowerman to its Board of Directors ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for commercial foodservice, residential kitchens and food processing industries, today announced the appointment of Julie Bowerman and Ed Garden to its Board of Directors, effective immediately. Ms. Bowerman is an experienced public company director with more than 25 years of success in the food and beverage industry. She currently serves as Chief Marketing Officer of Kellanova C. businesswire.com - 1 month ago
Middleby Announces Intent to Separate Food Processing Business into a Standalone Public Company, Creating Independent Innovative Leaders in the Kitchen Equipment and Food Processing Industries ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for commercial foodservice, residential kitchens and food processing industries, today announced that as an update on its previously announced strategic review its Board of Directors has unanimously approved a plan to separate its food processing business into a standalone public company. This separation creates two independent and innovative leaders: The Middleby Corporation (Mi. businesswire.com - 1 month ago
Seeking Clues to Middleby (MIDD) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics Beyond analysts' top -and-bottom-line estimates for Middleby (MIDD), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024. zacks.com - 1 month ago
Here's Why You Should Keep Middleby Stock in Your Portfolio MIDD gains from accretive acquisitions and focus on launching new products. The company's shareholder-friendly policies also bode well. zacks.com - 1 month ago
Middleby Schedules Fourth Quarter Earnings Release and Conference Call ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) will release 2024 fourth quarter earnings on Tuesday, February 25 at 7 a.m. Eastern Time. The company has scheduled a conference call to discuss the results at 8 a.m. Eastern Time on February 25. 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 join the conference by dialing 1-844-481-3012 for domestic participants or 1-. businesswire.com - 2 months ago
Analysts Estimate Middleby (MIDD) to Report a Decline in Earnings: What to Look Out for 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
8. Profile Summary

The Middleby Corporation MIDD

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COUNTRY US
INDUSTRY Industrial - Machinery
MARKET CAP $ 6.93 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 Ms. Brittany Cerwin Chief Accounting Officer Mr. Steven P. Spittle Chief Commercial Officer Mr. Matthew R. Fuchsen Chief Development Officer Mr. James K. Pool III Chief Technology & Operations Officer