profit from every $100 of sales.

The Middleby
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
It has no yearly profit to compare the price with.
of earnings would pay off all its debt.
Money in, money out
What The Middleby sold, what it kept, and what it did with the cash.
Sales went from $4.03 billion in 2022 to $3.20 billion in 2025, with -$278 million of profit last year.
The Middleby handed back more cash to shareholders than it generated last year.
The Middleby vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
The Middleby | No profit yet | ||
GE Vernova | 43.8× · Expensive | ||
Schneider Electric S.E. | 34.2× · Expensive | ||
Eaton | 34.3× · Expensive | ||
Siemens Energy | 30.2× · Expensive |
AI analysis
An AI analyst reads The Middleby's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2,513 | 3,251 | 4,033 | 3,242 | 3,150 | 3,201 | |
| 882 | 1,195 | 1,447 | 1,284 | 1,252 | 1,252 | |
| 324 | 630 | 649 | 659 | 662 | 589 | |
| 457 | 802 | 791 | 767 | 764 | 681 | |
| 207 | 488 | 437 | 401 | 428 | -278 | |
| 3.76 | 8.62 | 7.95 | 7.41 | 7.90 | -5.38 | |
| 35.1% | 36.8% | 35.9% | 39.6% | 39.7% | 39.1% | |
| 12.9% | 19.4% | 16.1% | 20.3% | 21.0% | 18.4% | |
| 8.2% | 15.0% | 10.8% | 12.4% | 13.6% | -8.7% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 5,202 | 6,384 | 6,875 | 6,907 | 7,283 | 6,315 |
| Cash | 268 | 180 | 162 | 247 | 639 | 222 |
| Total debt | 1,730 | 2,414 | 2,748 | 2,452 | 2,413 | 2,193 |
| Total liabilities | – | – | 4,077 | 3,657 | 3,645 | 3,539 |
| 1,977 | 2,494 | 2,798 | 3,250 | 3,638 | 2,776 | |
| 55 | 57 | 55 | 54 | 54 | 52 | |
| 7.4% | 10.9% | 9.3% | 9.1% | 8.6% | 9.2% | |
| 10.5% | 19.6% | 15.6% | 12.3% | 11.8% | -10.0% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 525 | 423 | 333 | 629 | 687 | 630 | |
| 35 | 47 | 70 | 61 | 37 | 72 | |
| 490 | 377 | 263 | 568 | 650 | 558 | |
| Dividends paid | – | – | – | – | – | – |
| 86 | 29 | 265 | 75 | 35 | 724 | |
| 20 | 42 | 58 | 45 | 32 | 13 |
Valuation
- –
- 14.6×
- –
- 2.0×
- 1.9×
- 11.0×
- 11.9×
- 9.1%
- -4.5%
- 0.0%
Profitability
- 39.1%
- 18.4%
- -8.7%
- -0.1%
- 9.4%
- 9.3%
- -14.4%
- -7.7%
- -2.2%
- –
Growth
- +5.0%
- –
- −12.4%
- –
- −1.7%
Financial health
- 2.9×
- 0.79
- 34.6%
- 6.1×
- 2.57
- 1.10
- 0.68
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $176.67
- Range
- $168.00 – $187.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | 2.16 | 1.94 | +11.3% |
| Feb 26, 2026 | 2.42 | 2.27 | +6.6% |
| Nov 6, 2025 | 2.37 | 2.03 | +16.7% |
| Aug 6, 2025 | 2.35 | 2.20 | +6.8% |
| May 7, 2025 | 2.08 | 1.94 | +7.2% |
| Feb 25, 2025 | 2.88 | 2.50 | +15.2% |
| Oct 31, 2024 | 2.33 | 2.48 | −6.0% |
| Aug 1, 2024 | 2.39 | 2.31 | +3.5% |
News
The Middleby Corporation Q3 2026 Earnings Call SummaryYahoo Finance · Nov 5, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about The Middleby
Is The Middleby a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the The Middleby AI analysis
What does The Middleby do?
The Middleby Corporation operates in the foodservice industry worldwide. The company develops and manufactures a line of solutions used in commercial foodservice and food processing. It is in Specialty Industrial Machinery, based in Elgin, IL, United States, with 8,826 employees.
Does The Middleby pay a dividend?
No. The Middleby does not pay a dividend at the moment; in 2025 it returned $724 million to shareholders by buying back its own shares.
Is The Middleby stock halal?
No. The Middleby does not pass our halal screen: its debt is 36% of its market value, at or above the 33% limit. How we check
How has The Middleby stock done over the past year?
Up 10.3% over the past twelve months, to $136.10. It traded between $102.33 and $158.54 and is 14.2% below its high.
Who are The Middleby's competitors?
The largest listed companies in the same industry are GE Vernova, Schneider Electric S.E., Eaton and Siemens Energy. The peers table on this page compares their profit, growth and price with The Middleby's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



