Inside the research
The Middleby Corporation
MIDD Research profile · latest available data
Price overview
$107.66
▼ -0.37 (-0.3%)
| 52w hi | $144.17 |
|---|---|
| 52w lo | $89.85 |
| Vol | 403.40K |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.49
| Short | -0.26 |
|---|---|
| Medium | -0.57 |
| Long | -0.77 |
computed 2026-09-27
Key fundamentals
The Middleby Corporation
Industrials · Specialty Industrial Machinery
| Market cap | $4.87B |
|---|---|
| Enterprise value | $6.71B |
| Trailing P/E | 16.36x |
| Forward P/E | 13.79x |
| EV / EBITDA | 9.55x |
| P / S (ttm) | 1.44x |
| Profit margin | -13.9% |
| Return on equity | 11.0% |
| Revenue growth | +9.9% |
| Earnings growth | -39.3% |
| Debt / equity | 90.52 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | -0.03 | |
| Sector | -0.01 | |
| Technical | -0.29 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
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 offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induction, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers and refrigerators, stainless steel fabrication, custom millwork, blast chillers, coldrooms, ice machines, and frozen dessert equipment; soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment; and fry dispenser, bottle filling and canning equipment, IoT solutions, and controls development and manufacturing. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The Middleby Corporation was founded in 1888 and is based in Elgin, Illinois.
Risk Metrics
| Beta vs SPX | 1.20 |
|---|---|
| Corr SPX | 0.50 |
| Annual vol | 38.8% |
| Annual ret | +4.8% |
| Sharpe | 0.12 |
| Max DD | -35.4% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $195.25 |
|---|---|
| High / Low | $206.00 / $185.00 |
| Median | $195.00 |
| Analysts | 8 |
| Strong Buy | 1 | |
|---|---|---|
| Buy | 6 | |
| Hold | 3 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-08 | JP Morgan | → Neutral |
| 2026-05-08 | Barclays | → Overweight |
| 2026-04-10 | JP Morgan | → Neutral |
| 2026-02-27 | Keybanc | → Overweight |
| 2026-02-27 | Canaccord Genuity | → Buy |
| 2026-02-27 | Baird | → Outperform |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-11 | Earnings Release, Exhibits | read |
| 2026-07-06 | Material Agreement, Acquisition / Disposition… | read |
| 2026-06-29 | Reg FD Disclosure, Other Material Event… | read |
| 2026-06-22 | Reg FD Disclosure, Exhibits | read |
| 2026-06-17 | Reg FD Disclosure, Exhibits | read |
| 2026-05-26 | Officer / Director Change, Exhibits | read |
| 2026-05-21 | Shareholder Vote | read |
| 2026-05-12 | Reg FD Disclosure, Exhibits | read |
| 2026-05-11 | Reg FD Disclosure, Exhibits | read |
| 2026-05-07 | Earnings Release, Exhibits | read |
| 2026-05-04 | Reg FD Disclosure, Exhibits | read |
| 2026-04-01 | Reg FD Disclosure, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-03-13 | Cerwin Brittany C | Chief Accounting Officer | Grant | 1.81K | — |
| 2026-03-13 | Cerwin Brittany C | Chief Accounting Officer | Withheld for tax | 801 | $114.61K |
| 2026-03-13 | Fuchsen Matthew R | Chief Development Officer | Grant | 2.35K | — |
| 2026-03-13 | Fuchsen Matthew R | Chief Development Officer | Withheld for tax | 688 | $98.44K |
| 2026-03-13 | Pool III James K | Chief Technology and* | Grant | 4.13K | — |
| 2026-03-13 | Pool III James K | Chief Technology and* | Withheld for tax | 1.63K | $232.65K |
| 2026-03-13 | Spittle Steve | Chief Commercial Officer | Grant | 4.13K | — |
| 2026-03-13 | Spittle Steve | Chief Commercial Officer | Withheld for tax | 1.63K | $232.65K |
| 2026-03-13 | Mittelman Bryan E. | Chief Financial Officer | Grant | 3.01K | — |
| 2026-03-13 | Mittelman Bryan E. | Chief Financial Officer | Withheld for tax | 1.33K | $191.01K |
Dividends
| Yield (TTM) | 0.00% |
|---|---|
| $ / share (TTM) | $0.00 |
| 5y CAGR | — |
Annual dividend per share
| 1989 | $0.01 |
|---|---|
| 1990 | $0.01 |
| 1991 | $0.00 |
| 2000 | $0.02 |
| 2003 | $0.04 |
| 2004 | $0.07 |
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $798.78M | +1.4% | |
| Gross profit | $1.28B | +10.5% | |
| Operating income | $574.89M | +11.6% | |
| Net income | $400.88M | +12.0% | |
| Cash from ops | $630.20M | +14.3% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $108.53 | $110.04 | $107.26 | $107.66 | 403.40K |
| Sep 24 | $110.67 | $110.78 | $107.77 | $108.03 | 467.50K |
| Sep 23 | $112.75 | $113.85 | $110.44 | $111.24 | 717.70K |
| Sep 22 | $113.34 | $113.44 | $112.11 | $112.79 | 410.90K |
| Sep 21 | $113.04 | $113.04 | $109.88 | $111.25 | 587.10K |
Understand the score. Research layers are inputs to a model, and the available data has limits.
Read the methodology →