# The Middleby Corporation (MIDD) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Industrials / Machinery. Price $111.75, market value $5.1 billion.

## Valuation
- **P/E (trailing): 17.0×** (5-yr avg 15.5×, 3-yr avg 14.9×). The Middleby Corporation trades at 17.0× trailing earnings, close to its own five-year average of 15.5×. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 14.4×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.6×**. Each dollar of revenue is priced at 1.6×.
- **Price / book: 2.3×**. The shares trade at 2.3× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 10.6×**. Enterprise value is 10.6× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 9.6%** (5-yr avg 7.5%). Free cash flow equals 9.6% of the market value, above its five-year average of 7.5%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 5.9%**. The inverse of the P/E: 5.9% of the price is earned each year.

## Profitability
- **Gross margin: 38.8%**. The Middleby Corporation keeps 38.8% of revenue after the direct cost of what it sells.
- **Operating margin: 17.8%**. 17.8% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: -8.7%**. The company reported a net loss over the last twelve months.
- **Return on equity: -10.0%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 9.5%**. Return on all capital, debt included, is 9.5%.
- **Return on assets: -7.5%**. Each dollar of assets produces -7.5% of profit.

## Growth
- **Revenue growth (1 yr): 1.6%** (3-yr -7.4%/yr, 5-yr 5.0%/yr). Revenue grew 1.6% over the last year, against 5.0% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -167.3%**. Earnings per share fell 167.3%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 28.2%/yr**. Free cash flow has compounded at 28.2% a year over three years.

## Financial health
- **Debt to equity: 0.78**. Debt is 0.78 times equity, moderate leverage.
- **Net debt / EBITDA: 2.9×**. It would take 2.9 years of operating earnings to repay net borrowings, within the comfortable range.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. The Middleby Corporation does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (9 analysts). 9 analysts cover The Middleby Corporation; the consensus is buy, with an average price target of $155.22 (+39% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -2.0%** (YTD -6.6%, 3-mo -10.3%). The shares are down 2.0% over twelve months including dividends.
- **From 52-week high: -24.8%** (25.3% above the low). Trading 25% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 33**. An RSI of 33 is neutral.
- **Beta (1 yr): 1.11** (volatility 34%). Beta of 1.11 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=MIDD · Page: https://foliofundamentals.com/stocks/midd

Not investment advice.