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The Middleby (The Middleby) Capex-to-Operating-Income : 0.08 (As of Dec. 2023)


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What is The Middleby Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

The Middleby's Capital Expenditure for the three months ended in Dec. 2023 was $-15.53 Mil. Its Operating Income for the three months ended in Dec. 2023 was $197.33 Mil.

Hence, The Middleby's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 0.08.


The Middleby Capex-to-Operating-Income Historical Data

The historical data trend for The Middleby's Capex-to-Operating-Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Middleby Capex-to-Operating-Income Chart

The Middleby Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.11 0.09 0.10 0.12

The Middleby Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.16 0.12 0.12 0.08

Competitive Comparison of The Middleby's Capex-to-Operating-Income

For the Specialty Industrial Machinery subindustry, The Middleby's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Middleby's Capex-to-Operating-Income Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Middleby's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where The Middleby's Capex-to-Operating-Income falls into.



The Middleby Capex-to-Operating-Income Calculation

The Middleby's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-86.984) / 736.187
=0.12

The Middleby's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-15.534) / 197.326
=0.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Middleby  (NAS:MIDD) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


The Middleby Capex-to-Operating-Income Related Terms

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The Middleby (The Middleby) Business Description

Traded in Other Exchanges
Address
1400 Toastmaster Drive, Elgin, IL, USA, 60120
The Middleby Corp is engaged in designing, manufacturing, marketing, distribution and service of a broad line of foodservice equipment used in all types of commercial restaurants and institutional kitchens, food preparation, cooking, baking, chilling and packaging equipment for food processing operations, and premium kitchen equipment including ranges, ovens, refrigerators, ventilation, dishwashers and outdoor cooking equipment primarily used in the residential market. The company conducts its business through three principal business segments namely the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The firm derives majority revenue from Commercial Foodservice Equipment Group segment.
Executives
Chapin Sarah Palisi director 1400 TOASTMASTER DRIVE, ELGIN IL 60120
Pool Iii James K officer: Chief Technology and* 1400 TOASTMASTER DRIVE, ELGIN IL 60120
Robert A Nerbonne director 1400 TOASTMASTER DRIVE, ELGIN IL 60120
Miller John R Iii director C/O THE MIDDLEBY CORPORATION, 1400 TOASTMASTER DRIVE, ELGIN IL 60120
Matthew R Fuchsen officer: Chief Development Officer 1400 TOASTMASTER DRIVE, ELGIN IL 60120
Brittany C Cerwin officer: Chief Accounting Officer 1400 TOASTMASTER DRIVE, ELGIN IL 60120
Cathy L Mccarthy director 1400 TOASTMASTER DRIVE, ELGIN IL 60120
Nassem Ziyad director C/O MIDDLEBY CORPORATION, 1400 TOASTMASTER DRIVE, ELGIN IL 60120
Timothy John Fitzgerald officer: Chief Financial Officer C/O MIDDLEBY CORPORATON, 1400 TOASTMASTER DRIVE, ELGIN IL 60120
Steve Spittle officer: Chief Commercial Officer 1400 TOASTMASTER DRIVE, ELGIN IL 60120
Bryan E. Mittelman officer: Chief Accounting Officer THE MIDDLEBY CORPORATION, 1400 TOASTMASTER DRIVE, ELGIN IL 60120
Martin M Lindsay officer: Treasurer C/O THE MIDDLEBY CORPORATION, 1400 TOASTMASTER DR, ELGIN IL 60120
Gordon Obrien director 1400 TOASTMASTER DRIVE, ELGIN IL 60120
Robert B Lamb director C/O THE MIDDLEBY CORPORATION, 1400 TOASTMASTER DR, ELGIN IL 60120
Selim A Bassoul director, officer: Chief Executive Officer C/O MIDDLEBY CORP, 1400 TOASTMASTER DRIVE, ELGIN IL 8477413300