Middleby Financial Statements From 2010 to 2024

MIDD Stock  USD 142.60  1.59  1.13%   
Middleby Corp financial statements provide useful quarterly and yearly information to potential Middleby Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Middleby Corp financial statements helps investors assess Middleby Corp's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Middleby Corp's valuation are summarized below:
Gross Profit
1.4 B
Profit Margin
0.0993
Market Capitalization
7.7 B
Enterprise Value Revenue
2.4829
Revenue
B
There are over one hundred nineteen available fundamental ratios for Middleby Corp, which can be analyzed over time and compared to other ratios. Investors should ensure to check all of Middleby Corp's last-minute performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. The current year's Enterprise Value is expected to grow to about 1.9 B, whereas Market Cap is forecasted to decline to about 1.2 B.

Middleby Corp Total Revenue

4.24 Billion

Check Middleby Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Middleby main balance sheet or income statement drivers, such as Depreciation And Amortization of 131.7 M, Interest Expense of 160.2 M or Total Revenue of 4.2 B, as well as many exotic indicators such as Price To Sales Ratio of 1.18, Dividend Yield of 9.0E-4 or PTB Ratio of 2.83. Middleby financial statements analysis is a perfect complement when working with Middleby Corp Valuation or Volatility modules.
  
This module can also supplement Middleby Corp's financial leverage analysis and stock options assessment as well as various Middleby Corp Technical models . Check out the analysis of Middleby Corp Correlation against competitors.
For information on how to trade Middleby Stock refer to our How to Trade Middleby Stock guide.

Middleby Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets7.3 B6.9 B3.8 B
Slightly volatile
Short and Long Term Debt Total2.7 B2.5 B1.3 B
Slightly volatile
Other Current Liabilities455.8 M434.1 M294.4 M
Slightly volatile
Total Current Liabilities893.6 M851.1 M561.3 M
Slightly volatile
Total Stockholder Equity3.4 B3.2 B1.6 B
Slightly volatile
Property Plant And Equipment Net651.3 M620.3 M279.7 M
Slightly volatile
Net Debt2.4 B2.3 B1.2 B
Slightly volatile
Cash259.9 M247.5 M110.2 M
Slightly volatile
Non Current Assets Total5.2 B4.9 B2.8 B
Slightly volatile
Non Currrent Assets Other98 M93.3 M60.2 M
Slightly volatile
Cash And Short Term Investments259.9 M247.5 M110.2 M
Slightly volatile
Net Receivables726.2 M691.6 M368.4 M
Slightly volatile
Common Stock Shares Outstanding58.5 M54.1 M54.3 M
Slightly volatile
Liabilities And Stockholders Equity7.3 B6.9 B3.8 B
Slightly volatile
Non Current Liabilities Total2.9 B2.8 B1.6 B
Slightly volatile
Inventory982.7 M935.9 M492.4 M
Slightly volatile
Other Current Assets95.4 M90.8 M58.4 M
Slightly volatile
Total Liabilities3.8 B3.7 B2.2 B
Slightly volatile
Total Current Assets2.1 BB1.1 B
Slightly volatile
Short Term Debt74.8 M71.2 M42 M
Pretty Stable
Intangible Assets1.8 B1.7 BB
Slightly volatile
Accounts Payable238.4 M227.1 M158.2 M
Slightly volatile
Good Will2.6 B2.5 B1.4 B
Slightly volatile
Common Stock Total Equity128.2 K169.1 K136.1 K
Slightly volatile
Property Plant And Equipment Gross892.9 M850.4 M356.2 M
Slightly volatile
Common Stock139.7 K148 K141.2 K
Slightly volatile
Other Liabilities206.4 M381.6 M314.2 M
Slightly volatile
Other Assets39.2 M67.6 M59.2 M
Slightly volatile
Long Term Debt2.5 B2.4 B1.3 B
Slightly volatile
Property Plant Equipment535.6 M510.1 M265.7 M
Slightly volatile
Retained Earnings Total Equity4.2 BB1.9 B
Slightly volatile
Long Term Debt Total3.2 B3.1 B1.4 B
Slightly volatile
Capital Surpluse356.8 M469.6 M336.2 M
Slightly volatile
Deferred Long Term Liabilities265.9 M253.2 M122.9 M
Slightly volatile
Non Current Liabilities Other253.6 M197.1 M232.1 M
Slightly volatile
Deferred Long Term Asset Charges53.8 M51.2 M29.7 M
Slightly volatile
Short and Long Term Debt47.1 M44.8 M18.9 M
Slightly volatile
Long Term Investments1.6 M1.6 M6.4 M
Slightly volatile
Net Invested Capital3.8 B5.7 BB
Slightly volatile
Net Working Capital797 M1.1 B605.1 M
Slightly volatile
Capital Stock161.2 K148 K146.7 K
Slightly volatile
Capital Lease Obligations26.1 M26.4 M22.8 M
Slightly volatile

Middleby Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization131.7 M125.4 M60.1 M
Slightly volatile
Total Revenue4.2 BB2.3 B
Slightly volatile
Gross Profit1.6 B1.5 B880 M
Slightly volatile
Other Operating Expenses3.5 B3.3 B1.9 B
Slightly volatile
Operating Income768.1 M731.5 M394.4 M
Slightly volatile
EBIT768.1 M731.5 M382 M
Slightly volatile
EBITDA899.7 M856.9 M442.1 M
Slightly volatile
Cost Of Revenue2.7 B2.5 B1.5 B
Slightly volatile
Total Operating Expenses819.7 M780.7 M469.8 M
Slightly volatile
Income Before Tax545.3 M519.4 M354.1 M
Slightly volatile
Net Income420.9 M400.9 M264.1 M
Slightly volatile
Income Tax Expense124.4 M118.5 M90 M
Slightly volatile
Selling General Administrative838.4 M798.5 M403.4 M
Slightly volatile
Research Development55.8 M53.1 M30.6 M
Slightly volatile
Net Income Applicable To Common Shares527.2 M502.1 M278.1 M
Slightly volatile
Selling And Marketing Expenses90.2 M49.1 M90.2 M
Slightly volatile
Net Income From Continuing Ops288.3 M457.8 M263.9 M
Slightly volatile
Tax Provision120.4 M136.4 M103.5 M
Slightly volatile
Interest Income17.7 M25.3 M17.2 M
Slightly volatile
Reconciled Depreciation121.7 M130.2 M92.3 M
Slightly volatile

Middleby Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow568.9 M541.8 M281.7 M
Slightly volatile
Begin Period Cash Flow170.1 M162 M88.3 M
Slightly volatile
Depreciation131.7 M125.4 M76.6 M
Slightly volatile
Capital Expenditures91.3 M87 M38.7 M
Slightly volatile
Total Cash From Operating Activities660.2 M628.8 M320.4 M
Slightly volatile
Stock Based Compensation53.6 M51 M23.7 M
Slightly volatile
Change To Netincome34.1 M45.5 M32.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.181.622.6882
Very volatile
Dividend Yield9.0E-49.0E-40.0015
Slightly volatile
PTB Ratio2.832.983.8694
Very volatile
Days Sales Outstanding43.0251.4161.3592
Slightly volatile
Book Value Per Share48.8746.5539.0704
Slightly volatile
Free Cash Flow Yield0.04260.03270.045
Slightly volatile
Invested Capital1.061.120.9143
Slightly volatile
Operating Cash Flow Per Share5.815.536.2822
Slightly volatile
Stock Based Compensation To Revenue0.0120.01660.0143
Slightly volatile
PB Ratio2.832.983.8694
Very volatile
EV To Sales1.52.193.2501
Very volatile
Free Cash Flow Per Share4.594.385.4381
Slightly volatile
Inventory Turnover4.432.762.9818
Pretty Stable
Days Of Inventory On Hand77.2137131
Pretty Stable
Payables Turnover7.668.587.5842
Very volatile
Sales General And Administrative To Revenue0.10.170.1682
Very volatile
Research And Ddevelopement To Revenue0.01450.01390.013
Slightly volatile
Cash Per Share2.952.812.6975
Slightly volatile
POCF Ratio14.2219.622.0219
Pretty Stable
Interest Coverage12.878.279.9591
Slightly volatile
Payout Ratio0.01540.01630.027
Slightly volatile
PFCF Ratio26.0224.7825.9457
Slightly volatile
Days Payables Outstanding43.4444.0448.9348
Very volatile
EV To Operating Cash Flow27.0533.927.8942
Slightly volatile
EV To Free Cash Flow24.7642.8631.7435
Slightly volatile
Intangibles To Total Assets0.350.550.5797
Very volatile
Net Debt To EBITDA2.784.443.3604
Slightly volatile
Current Ratio1.261.831.7409
Pretty Stable
Receivables Turnover7.727.356.0057
Slightly volatile
Graham Number91.5887.2279.9291
Slightly volatile
Shareholders Equity Per Share48.8746.5539.0704
Slightly volatile
Debt To Equity1.061.120.9143
Slightly volatile
Revenue Per Share70.4567.153.3173
Slightly volatile
Interest Debt Per Share49.1146.7738.0293
Slightly volatile
Debt To Assets0.450.460.3681
Slightly volatile
Enterprise Value Over EBITDA8.813.3118.5464
Very volatile
Short Term Coverage Ratios6.246.5714.1007
Very volatile
Operating Cycle120188192
Very volatile
Price Book Value Ratio2.832.983.8694
Very volatile
Days Of Payables Outstanding43.4444.0448.9348
Very volatile
Dividend Payout Ratio0.01540.01630.027
Slightly volatile
Price To Operating Cash Flows Ratio14.2219.622.0219
Pretty Stable
Price To Free Cash Flows Ratio26.0224.7825.9457
Slightly volatile
Pretax Profit Margin0.080.130.1621
Very volatile
Ebt Per Ebit0.570.791.1233
Very volatile
Operating Profit Margin0.10.140.1379
Very volatile
Effective Tax Rate0.420.260.3273
Slightly volatile
Company Equity Multiplier2.682.832.5228
Slightly volatile
Long Term Debt To Capitalization0.610.560.4503
Slightly volatile
Total Debt To Capitalization0.640.570.4849
Slightly volatile
Return On Capital Employed0.20.120.1144
Very volatile
Debt Equity Ratio1.061.120.9143
Slightly volatile
Ebit Per Revenue0.10.140.1379
Very volatile
Quick Ratio0.580.730.7965
Pretty Stable
Cash Ratio0.0960.150.1898
Slightly volatile
Cash Conversion Cycle92.68154145
Pretty Stable
Operating Cash Flow Sales Ratio0.07710.07420.1175
Slightly volatile
Days Of Inventory Outstanding77.2137131
Pretty Stable
Days Of Sales Outstanding43.0251.4161.3592
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.430.710.8365
Slightly volatile
Cash Flow Coverage Ratios0.10.110.2048
Slightly volatile
Price To Book Ratio2.832.983.8694
Very volatile
Fixed Asset Turnover7.18.188.7544
Pretty Stable
Price Cash Flow Ratio14.2219.622.0219
Pretty Stable
Enterprise Value Multiple8.813.3118.5464
Very volatile
Debt Ratio0.450.460.3681
Slightly volatile
Cash Flow To Debt Ratio0.10.110.2048
Slightly volatile
Price Sales Ratio1.181.622.6882
Very volatile
Asset Turnover1.160.670.6575
Very volatile
Gross Profit Margin0.290.320.3608
Slightly volatile
Price Fair Value2.832.983.8694
Very volatile

Middleby Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.2 B1.7 B5.6 B
Very volatile
Enterprise Value1.9 B1.8 B5.8 B
Pretty Stable

Middleby Fundamental Market Drivers

Forward Price Earnings14.1844
Cash And Short Term Investments247.5 M

Middleby Upcoming Events

20th of February 2024
Upcoming Quarterly Report
View
8th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
20th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Middleby Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Middleby Corp income statement, its balance sheet, and the statement of cash flows. Middleby Corp investors use historical funamental indicators, such as Middleby Corp's revenue or net income, to determine how well the company is positioned to perform in the future. Although Middleby Corp investors may use each financial statement separately, they are all related. The changes in Middleby Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Middleby Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Middleby Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Middleby Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue118.7 M73.9 M
Total RevenueB4.2 B
Cost Of Revenue2.5 B2.7 B
Stock Based Compensation To Revenue 0.02  0.01 
Sales General And Administrative To Revenue 0.17  0.10 
Research And Ddevelopement To Revenue 0.01  0.01 
Capex To Revenue(0.02)(0.02)
Revenue Per Share 67.10  70.45 
Ebit Per Revenue 0.14  0.10 

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When determining whether Middleby Corp is a strong investment it is important to analyze Middleby Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Middleby Corp's future performance. For an informed investment choice regarding Middleby Stock, refer to the following important reports:
Check out the analysis of Middleby Corp Correlation against competitors.
For information on how to trade Middleby Stock refer to our How to Trade Middleby Stock guide.
Note that the Middleby Corp information on this page should be used as a complementary analysis to other Middleby Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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Is Middleby Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Middleby Corp. If investors know Middleby will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Middleby Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.42)
Earnings Share
7.42
Revenue Per Share
75.342
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0666
The market value of Middleby Corp is measured differently than its book value, which is the value of Middleby that is recorded on the company's balance sheet. Investors also form their own opinion of Middleby Corp's value that differs from its market value or its book value, called intrinsic value, which is Middleby Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Middleby Corp's market value can be influenced by many factors that don't directly affect Middleby Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Middleby Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Middleby Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Middleby Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.