Middleby (MIDD)
Industrials · Commercial foodservice equipment manufacturing and food processing equipment
Global leader in commercial foodservice and food processing equipment serving restaurants, institutions, and food manufacturers through a portfolio of 60+ iconic brands.
What Middleby does
Middleby Corporation is a leader in the design, manufacture, marketing, distribution, and service of commercial foodservice equipment and food processing equipment. The company operates through two principal segments: the Commercial Foodservice Equipment Group, which serves restaurants, hotels, and institutions with cooking, warming, refrigeration, and beverage equipment; and the Food Processing Equipment Group, which provides processing solutions for food manufacturers. Founded in 1888, Middleby has grown through acquisitions of industry-leading brands and operates approximately 60+ trade names globally.
Themes: ["Commercial foodservice equipment","Food processing equipment and solutions","IoT / connected kitchen solutions","Restaurant equipment manufacturing","Institutional kitchen equipment","Food preparation and cooking equipment"]
Fundamentals
- Price$133.29 as of 2026-07-09 close
- Market cap$6.0B as of 2026-07-10
- 1-year return-10.4% as of 2026-07-09 close
- Net margin-13.4% as of 2026-07-10
- Gross margin+39.2% as of 2026-07-10
- ROE-14.3% as of 2026-07-10
- Debt / equity0.79 as of 2026-07-10
- Revenue growth (YoY)-18.7% as of 2026-07-10
- Revenue CAGR (3y)-5.6% SEC XBRL
- Beta1.34 as of 2026-07-10
Key risks (from latest filing)
["Significant revenue decline of 18.69% YoY and negative net margin of -13.4%, indicating operational challenges and profitability pressures","Company is executing a complex separation of its Food Processing business through a planned 2026 Q2 spin-off, creating execution risk and operational uncertainty","Recent sale of 51% stake in Residential Kitchen Equipment Group and shift to non-controlling 49% interest introduces post-transaction integration and joint venture management risks"]
Competitors & peers
- Rational AG
- ITW Food Equipment Group (Illinois Tool Works)
- Welbilt (WELBILT)
- Hoshizaki Corporation
- Electrolux Professional
- Duke Manufacturing
- Hobart (part of ITW)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.