The Middleby Corporation

MIDD Industrials Specialty Industrial Machinery

The Middleby Corporation’s revenue for fiscal 2025 (year ended December 2025) was $3.2 billion, up 1.62% from fiscal 2024.

Revenue
+9.88%
EPS
−39.8%
Free cash flow
−544.6%
Total debt
−16.7%

Quarter to June 2026, against a year earlier

130.04 2.49 +1.95%
Market cap
$5.9B
P/E
0.0×
Fwd P/E
21.5×
Dividend yield
—
F-score
5/9
Altman Z
3.08
Beneish M
−2.74
Dividend safety
n/a

The Middleby Corporation (MIDD) Operating margin

Alert me on Operating margin

The Middleby Corporation's operating margin over the twelve months to 30 June 2026 was 17.1%, down 0.9 percentage points from fiscal 2025 (18.0%). Over the past ten years it has ranged from 12.9% (fiscal 2020) to 20.5% (fiscal 2024); the current reading is higher than 64% of that period. That is above the Specialty Industrial Machinery industry median of 10.0% and above the Industrials sector median of 5.21%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 18.0% (2.49)
FY2024 20.5% 0.33
FY2023 20.1% 4.26
FY2022 15.9% (3.52)
FY2021 19.4% 6.47
FY2020 12.9% (4.46)
FY2019 17.4% 0.99
FY2018 16.4% 0.17
FY2017 16.2% (2.27)
FY2016 18.5% 1.91

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 16.9% 0.99
Mar 2026 15.9% (82.43)
Dec 2025 98.3% 166.96
Sep 2025 −68.7% (87.20)
42 more quarters

Against its own ten years

Low 12.9% High 20.5%
Ten-year median 17.4%
Current reading's percentile 45

Operating margin against peers

Company Operating margin
MWA MUELLER WATER PRODUCTS compare 19.4%
MIDD The Middleby Corporation 17.1%
CSW CSW Industrials, Inc. compare 16.9%
NPO Enpro Inc. compare 15.4%
GTES Gates Industrial Corporation PLC compare 13.5%
FELE Franklin Electric Co., Inc. compare 12.4%
JBTM JBT Marel Corporation compare 7.33%
MIR Mirion Technologies, Inc. compare 5.96%
XE X-Energy, Inc. compare −174.8%
Specialty Industrial Machinery industry median 10.0%
Industrials sector median 5.21%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on MIDD