The Middleby (The Middleby) Net Margin %

: 7.56% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. The Middleby's Net Income for the three months ended in Dec. 2023 was $76 Mil. The Middleby's Revenue for the three months ended in Dec. 2023 was $1,009 Mil. Therefore, The Middleby's net margin for the quarter that ended in Dec. 2023 was 7.56%.

The historical rank and industry rank for The Middleby's Net Margin % or its related term are showing as below:

MIDD' s Net Margin % Range Over the Past 10 Years
Min: 8.25 Med: 11.73 Max: 15.03
Current: 9.93

MIDD's Net Margin % is ranked better than
72.84% of 2971 companies
in the Industrial Products industry
Industry Median: 5.23 vs MIDD: 9.93

The Middleby Net Margin % Historical Data

The historical data trend for The Middleby's Net Margin % 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

11.90

8.25

15.03

10.83

9.93

The Middleby Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																12.91	9.84	11.24	11.08	7.56

Competitive Comparison

For the Specialty Industrial Machinery subindustry, The Middleby's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution

For the Industrial Products industry and Industrials sector, The Middleby's Net Margin % distribution charts can be found below:

* The bar in red indicates where The Middleby's Net Margin % falls into.

The Middleby Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

The Middleby's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	400.882	/	4036.605
	=	9.93 %

The Middleby's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	76.293	/	1008.576
	=	7.56 %

The Middleby (NAS:MIDD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

The Middleby Net Margin % Related Terms

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The Middleby (The Middleby) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The Middleby Corp (NAS:MIDD) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

MBY:Germany

Address

1400 Toastmaster Drive, Elgin, IL, USA, 60120

Website

https://www.middleby.com

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