Middleby (MIDD) Financials: Revenue & Earnings
$5.13B
Market Cap
-12.41
P/E
16.51
Forward P/E
51
Score
MIDD price $113.55 -1.45 -1.26%
Stocklytics score rationale: value 66, quality 39, growth 48.
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 2267852000 | 2335542000 | 2722931000 | 2959446000 | 2513257000 | 3250792000 | 4032853000 | 4036605000 | 3875162000 | 3201202000 |
The Middleby Corporation is a global enterprise specializing in the design, production, marketing, distribution, and servicing of a comprehensive range of equipment for commercial foodservice, industrial food processing, and residential kitchens. Its operations extend across numerous international markets, including the United States, Canada, Asia, Europe, the Middle East, and Latin America. The company's offerings…
MIDD fair value $132.84. Price $113.55. Price is 15% below fair value.
Below fair value, and cheaper than usual. A larger discount than on 76% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 495.68M. Growth 14.97%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 11.66% (beta 1.3). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 45.22M. Net debt 1.95B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-05 | — | 1.75 | — | 634.04M |
| 2026-08-11 | 1.74 | 2.09 | 630.61M | 836.99M |
| 2026-05-07 | 1.74 | 1.94 | 839.91M | 777.19M |
| 2026-02-26 | 2.42 | 2.27 | 866.42M | 986.08M |
| 2025-11-06 | 2.37 | 2.03 | 982.13M | 1.01B |
| 2025-08-06 | 2.35 | 2.20 | 977.86M | 968.18M |
| 2025-05-07 | 2.08 | 1.94 | 906.63M | 1.01B |
| 2025-02-25 | 2.88 | 2.50 | 1.01B | 945.88M |
| 2024-10-31 | 2.33 | 2.48 | 942.81M | 995.21M |
| 2024-08-01 | 2.39 | 2.31 | 991.55M | 1.00B |
| 2024-05-08 | 1.89 | 2.06 | 926.93M | 979.87M |
| 2024-02-20 | 2.65 | 2.44 | 1.01B | 1.02B |
| 2023-11-08 | 2.35 | 2.31 | 980.65M | 1.02B |
| 2023-08-03 | 2.47 | 2.35 | 1.04B | 1.04B |
| 2023-05-10 | 2.19 | 1.95 | 1.01B | 970.69M |
| 2023-02-21 | 2.57 | 2.42 | 1.03B | 1.01B |
| 2022-11-09 | 2.18 | 2.36 | 992.87M | 1.02B |
| 2022-08-04 | 2.23 | 2.10 | 1.01B | 995.79M |
| 2022-05-10 | 2.13 | 2.12 | 994.68M | 934.98M |
| 2022-02-22 | 2.11 | 2.03 | 866.42M | 847.44M |
| 2021-11-09 | 1.92 | 2.08 | 817.54M | 837.54M |
| 2021-08-12 | 2.11 | 2.07 | 808.77M | 808.77M |
| 2021-05-06 | 1.79 | 1.62 | 758.06M | 703.23M |
| 2021-03-01 | 1.62 | 1.42 | 729.30M | 695.88M |
| 2020-11-05 | 1.34 | 1.04 | 634.52M | 492.47M |
| 2020-08-05 | 0.55 | 0.41 | 471.98M | 360.42M |
| 2020-05-07 | 1.46 | 1.36 | 677.46M | 631.06M |
| 2020-02-26 | 2.00 | 1.71 | 787.63M | 673.42M |
| 2019-11-06 | 1.72 | 1.63 | 724.01M | 686.13M |
| 2019-08-07 | 1.70 | 1.76 | 761.00M | 787.86M |
| 2019-05-08 | 1.38 | 1.35 | 686.80M | 671.87M |
| 2019-02-27 | 1.70 | 1.64 | 756.67M | 729.97M |
| 2018-11-07 | 1.31 | 1.57 | 713.33M | 854.91M |
| 2018-08-08 | 1.51 | 1.57 | 668.13M | 694.65M |
| 2018-05-09 | 1.18 | 1.40 | 584.80M | 693.83M |
| 2018-02-27 | 1.35 | 1.50 | 632.86M | 703.22M |
| 2017-11-07 | 1.31 | 1.42 | 593.04M | 642.79M |
| 2017-08-09 | 1.39 | 1.38 | 579.34M | 592.17M |
| 2017-05-09 | 1.26 | 1.13 | 530.30M | 483.26M |
| 2017-02-28 | 1.41 | 1.28 | 596.82M | 541.78M |
Yield 0.00%. Payout ratio 0.00%. Frequency Semi-Annual.
Safety score 55/100 · Moderate. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. Dividends were paid in 7 separate years. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2004-06-02 | $0.07 | 2004-06-04 | 2004-07-06 | Semi-Annual |
| 2003-11-07 | $0.04 | 2003-11-12 | 2003-12-19 | Semi-Annual |
| 2000-12-18 | $0.02 | 2000-12-20 | 2000-12-29 | Semi-Annual |
| 1991-02-26 | $0.00 | 1991-03-04 | 1991-03-25 | Quarterly |
| 1990-11-14 | $0.00 | 1990-11-20 | 1990-12-15 | Quarterly |
| 1990-08-16 | $0.00 | 1990-08-22 | 1990-09-15 | Quarterly |
| 1990-05-17 | $0.00 | 1990-05-23 | 1990-06-15 | Quarterly |
| 1990-03-05 | $0.00 | 1990-03-09 | 1990-03-30 | Quarterly |
| 1989-11-15 | $0.00 | 1989-11-21 | 1989-12-15 | Quarterly |
| 1989-08-17 | $0.00 | 1989-08-23 | 1989-09-15 | Quarterly |
| 1989-05-19 | $0.00 | 1989-05-25 | 1989-06-15 | Quarterly |
| 1989-02-21 | $0.00 | 1989-02-27 | 1989-03-20 | Quarterly |
| 1988-11-14 | $0.01 | 1988-11-18 | 1988-12-15 | Quarterly |
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-02 | Pool III James K | Buy | 9.18K | — | — |
| 2026-10-02 | Spittle Steve | Buy | 9.18K | — | — |
| 2026-10-02 | Cerwin Brittany C | Buy | 6.70K | — | — |
| 2026-10-02 | FITZGERALD TIMOTHY JOHN | Buy | 21.52K | — | — |
| 2026-08-26 | Palisi Chapin Sarah | Buy | 558 | — | — |
| 2026-07-20 | Cerwin Brittany C | Buy | 877 | — | — |
| 2026-07-20 | Pool III James K | Buy | 1.82K | — | — |
| 2026-07-20 | Spittle Steve | Buy | 1.82K | — | — |
| 2026-07-20 | FITZGERALD TIMOTHY JOHN | Buy | 4.46K | — | — |
| 2026-07-20 | Shah Tejas P. | Buy | 349 | — | — |
| 2026-07-20 | Scherger Stephen R. | Buy | 349 | — | — |
| 2026-07-20 | OBRIEN GORDON | Buy | 349 | — | — |
| 2026-07-20 | Hix Christopher M | Buy | 349 | — | — |
| 2026-07-20 | EISENBERG GLENN A | Buy | 349 | — | — |
| 2026-07-20 | Bowerman Julie | Buy | 349 | — | — |
| 2026-07-20 | Palisi Chapin Sarah | Buy | 349 | — | — |
| 2026-03-13 | Cerwin Brittany C | Buy | 1.81K | — | — |
| 2026-03-13 | Cerwin Brittany C | Sell | 801 | $143.08 | 114.61K |
| 2026-03-13 | Fuchsen Matthew R | Buy | 2.35K | — | — |
| 2026-03-13 | Fuchsen Matthew R | Sell | 688 | $143.08 | 98.44K |
| 2026-03-13 | Pool III James K | Buy | 4.13K | — | — |
| 2026-03-13 | Pool III James K | Sell | 1.63K | $143.08 | 232.65K |
| 2026-03-13 | Spittle Steve | Buy | 4.13K | — | — |
| 2026-03-13 | Spittle Steve | Sell | 1.63K | $143.08 | 232.65K |
| 2026-03-13 | Mittelman Bryan E. | Buy | 3.01K | — | — |
| 2026-03-13 | Mittelman Bryan E. | Sell | 1.33K | $143.08 | 191.01K |
| 2026-03-13 | FITZGERALD TIMOTHY JOHN | Buy | 10.58K | — | — |
| 2026-03-13 | FITZGERALD TIMOTHY JOHN | Sell | 4.69K | $143.08 | 670.76K |
| 2026-03-06 | GARDEN EDWARD P | Buy | 1.16K | — | — |
| 2026-03-06 | Bowerman Julie | Buy | 1.16K | — | — |
| 2026-03-06 | Scherger Stephen R. | Buy | 1.16K | — | — |
| 2026-03-06 | EISENBERG GLENN A | Buy | 1.16K | — | — |
| 2026-03-06 | Nerbonne Robert A | Buy | 1.16K | — | — |
| 2026-03-06 | Hix Christopher M | Buy | 1.16K | — | — |
| 2026-03-06 | Shah Tejas P. | Buy | 1.16K | — | — |
| 2026-03-06 | OBRIEN GORDON | Buy | 1.16K | — | — |
| 2026-03-06 | McCarthy Cathy L | Buy | 1.16K | — | — |
| 2026-03-06 | Palisi Chapin Sarah | Buy | 1.16K | — | — |
| 2026-03-05 | EISENBERG GLENN A | Other | 0 | — | — |
| 2026-03-01 | Cerwin Brittany C | Sell | 1.26K | $168.86 | 212.09K |
| 2026-03-01 | Fuchsen Matthew R | Sell | 990 | $168.86 | 167.17K |
| 2026-03-01 | Pool III James K | Sell | 2.34K | $168.86 | 395.81K |
| 2026-03-01 | Spittle Steve | Sell | 2.34K | $168.86 | 395.81K |
| 2026-03-01 | Mittelman Bryan E. | Sell | 1.93K | $168.86 | 326.41K |
| 2026-03-01 | FITZGERALD TIMOTHY JOHN | Sell | 6.49K | $168.86 | 1.10M |
| 2026-02-01 | Hix Christopher M | Other | 0 | — | — |
| 2025-12-15 | GARDEN EDWARD P | Buy | 14.74K | $146.92 | 2.17M |
| 2025-12-12 | GARDEN EDWARD P | Buy | 15.75K | $146.89 | 2.31M |
| 2025-12-12 | GARDEN EDWARD P | Buy | 28.09K | $146.33 | 4.11M |
| 2025-12-11 | GARDEN EDWARD P | Buy | 8.11K | $145.99 | 1.18M |
| 2025-12-11 | GARDEN EDWARD P | Buy | 1.35K | $144.96 | 195.12K |
| 2025-12-11 | GARDEN EDWARD P | Buy | 24.73K | $144.46 | 3.57M |
| 2025-12-11 | GARDEN EDWARD P | Buy | 10.14K | $143.57 | 1.46M |
| 2025-12-09 | Nerbonne Robert A | Buy | 780 | $128.52 | 100.25K |
| 2025-05-21 | GARDEN EDWARD P | Buy | 27.15K | $149.01 | 4.05M |
| 2025-05-21 | GARDEN EDWARD P | Buy | 75.00K | $148.61 | 11.15M |
| 2025-05-21 | GARDEN EDWARD P | Buy | 7.95K | $147.45 | 1.17M |
| 2025-05-21 | GARDEN EDWARD P | Buy | 8.41K | $146.27 | 1.23M |
| 2025-05-21 | GARDEN EDWARD P | Buy | 18.48K | $145.26 | 2.68M |
| 2025-05-16 | GARDEN EDWARD P | Buy | 621 | $149.62 | 92.91K |
| 2025-05-15 | GARDEN EDWARD P | Buy | 10.90K | $149.41 | 1.63M |
| 2025-05-15 | GARDEN EDWARD P | Buy | 2.58K | $148.45 | 382.26K |
| 2025-05-14 | GARDEN EDWARD P | Buy | 37.47K | $148.40 | 5.56M |
| 2025-05-13 | Cerwin Brittany C | Buy | 2.86K | — | — |
| 2025-05-13 | Fuchsen Matthew R | Buy | 3.26K | — | — |
| 2025-05-13 | Pool III James K | Buy | 5.96K | — | — |
| 2025-05-13 | Spittle Steve | Buy | 5.96K | — | — |
| 2025-05-13 | Mittelman Bryan E. | Buy | 4.35K | — | — |
| 2025-05-13 | FITZGERALD TIMOTHY JOHN | Buy | 14.54K | — | — |
| 2025-05-13 | GARDEN EDWARD P | Buy | 206.27K | $149.81 | 30.90M |
| 2025-05-13 | GARDEN EDWARD P | Buy | 27.59K | $148.99 | 4.11M |
| 2025-05-13 | GARDEN EDWARD P | Buy | 15.47K | $147.80 | 2.29M |
| 2025-05-12 | Scherger Stephen R. | Buy | 2.00K | $146.70 | 293.40K |
| 2025-05-09 | GARDEN EDWARD P | Buy | 82.14K | $139.52 | 11.46M |
| 2025-05-09 | GARDEN EDWARD P | Buy | 120.92K | $138.87 | 16.79M |
| 2025-03-06 | GARDEN EDWARD P | Buy | 1.11K | — | — |
| 2025-03-06 | Nerbonne Robert A | Buy | 1.11K | — | — |
| 2025-03-06 | Shah Tejas P. | Buy | 1.11K | — | — |
| 2025-03-06 | Palisi Chapin Sarah | Buy | 1.11K | — | — |
| 2025-03-06 | Scherger Stephen R. | Buy | 1.11K | — | — |
| 2025-03-06 | OBRIEN GORDON | Buy | 1.11K | — | — |
| 2025-03-06 | McCarthy Cathy L | Buy | 1.11K | — | — |
| 2025-03-06 | Ziyad Nassem | Buy | 1.11K | — | — |
| 2025-03-06 | Bowerman Julie | Buy | 1.11K | — | — |
| 2025-03-05 | GARDEN EDWARD P | Buy | 1.88M | — | — |
| 2025-03-05 | GARDEN EDWARD P | Sell | 1.88M | — | — |
| 2025-03-03 | Palisi Chapin Sarah | Sell | 500 | $163.51 | 81.75K |
| 2025-03-01 | Cerwin Brittany C | Sell | 1.05K | $165.41 | 173.18K |
| 2025-03-01 | Fuchsen Matthew R | Sell | 1.39K | $165.41 | 229.59K |
| 2025-03-01 | Spittle Steve | Sell | 2.17K | $165.41 | 358.94K |
| 2025-03-01 | Pool III James K | Sell | 2.17K | $165.41 | 358.94K |
| 2025-03-01 | Mittelman Bryan E. | Sell | 1.83K | $165.41 | 303.03K |
| 2025-03-01 | FITZGERALD TIMOTHY JOHN | Sell | 6.50K | $165.41 | 1.08M |
| 2025-02-24 | GARDEN EDWARD P | Other | 0 | — | — |
| 2025-02-24 | GARDEN EDWARD P | Other | 1.88M | — | — |
| 2025-02-24 | Bowerman Julie | Other | 0 | — | — |
| 2025-02-24 | Cerwin Brittany C | Buy | 2.88K | — | — |
| 2025-02-24 | Cerwin Brittany C | Sell | 1.31K | $168.15 | 220.78K |
| 2025-02-24 | FITZGERALD TIMOTHY JOHN | Buy | 25.38K | — | — |
| 2025-02-24 | FITZGERALD TIMOTHY JOHN | Sell | 11.25K | $168.15 | 1.89M |
Latest filed quarter: Q2 2026.
Institutions holding: 460, holders +34 vs prior quarter. Ownership 130.76%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| PRICE T ROWE ASSOCIATES INC /MD/ | 5.81M | -600.29K | -9.36% | 1.00B |
| BLACKROCK, INC. | 3.93M | -322.00K | -7.57% | 676.04M |
| GARDEN INVESTMENT MANAGEMENT, L.P. | 3.38M | 0 | 0.00% | 581.35M |
| JPMORGAN CHASE & CO | 2.44M | 77.40K | +3.27% | 423.36M |
| INVESCO LTD. | 1.88M | 496.65K | +35.90% | 323.41M |
| VANGUARD CAPITAL MANAGEMENT LLC | 1.86M | -192.27K | -9.37% | 320.00M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 1.77M | -204.16K | -10.34% | 304.55M |
| ARIEL INVESTMENTS, LLC | 1.64M | 69.48K | +4.41% | 282.79M |
| FMR LLC | 1.35M | 1.32M | +4205.76% | 231.88M |
| STATE STREET CORP | 1.33M | -91.50K | -6.42% | 229.32M |
| DIMENSIONAL FUND ADVISORS LP | 1.33M | 217.13K | +19.56% | 228.26M |
| EARNEST PARTNERS LLC | 1.27M | -19.85K | -1.54% | 218.86M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.15M | 223.26K | +24.13% | 197.57M |
| BANK OF AMERICA CORP /DE/ | 806.95K | -45.72K | -5.36% | 138.80M |
| SEI INVESTMENTS CO | 764.76K | -38.62K | -4.81% | 131.55M |
| WELLINGTON MANAGEMENT GROUP LLP | 755.82K | -444.19K | -37.02% | 130.01M |
| COOKE & BIELER LP | 632.00K | 82.56K | +15.03% | 108.71M |
| AMERIPRISE FINANCIAL INC | 601.11K | -27.06K | -4.31% | 103.40M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 596.65K | 33.10K | +5.87% | 102.63M |
| TURTLE CREEK ASSET MANAGEMENT INC. | 730.56K | -212.95K | -22.57% | 101.09M |
| SELECT EQUITY GROUP, L.P. | 568.62K | -931.85K | -62.10% | 97.81M |
| QUANTINNO CAPITAL MANAGEMENT LP | 563.02K | 274.60K | +95.21% | 96.85M |
| GOLDMAN SACHS GROUP INC | 535.97K | 446.49K | +499.02% | 92.19M |
| MORGAN STANLEY | 486.17K | -71.97K | -12.89% | 83.63M |
| BANK OF MONTREAL /CAN/ | 457.74K | 1.17K | +0.26% | 78.74M |
The Middleby Corporation (MIDD) trades at $113.55, with a market cap of $5.13B and a trailing P/E of -12.41. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 2267852000 | 2335542000 | 2722931000 | 2959446000 | 2513257000 | 3250792000 | 4032853000 | 4036605000 | 3875162000 | 3201202000 |
Insights · Dividends · Forecast · Financials · Learn
$5.13B
Market Cap
-12.41
P/E
16.51
Forward P/E
51
Score