MIDDLEBY Corp (MIDD) stock
MIDDNasdaqRefrigeration & Service Industry MachineryFiscal year ends January 2
Financials through Q3 FY2026, quarter ended Oct 3, 2026Last filing: 10-Q on Nov 12, 2026Score 8/308% below fair value
$135.44−0.66 (-0.48%)
Close on Nov 12, 2026Market cap $6.12BP/E 159.3Yield –
Middleby operating margin
Operating margin is operating income as a percentage of revenue.
Middleby's operating margin for the twelve months ending Oct 3, 2026 was 18.8%. For fiscal 2025 it was 18.0%, against 20.4% the year before. The highest annual figure on record is 20.4% in fiscal 2024.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Jan 3, 2026 | 18.0% | −2.5 |
| FY2024 | Dec 28, 2024 | 20.4% | +0.3 |
| FY2023 | Dec 30, 2023 | 20.1% | +4.3 |
| FY2022 | Dec 31, 2022 | 15.9% | −3.5 |
| FY2021 | Jan 1, 2022 | 19.4% | +6.5 |
| FY2020 | Jan 2, 2021 | 12.9% | −4.5 |
| FY2019 | Dec 28, 2019 | 17.4% | +1.0 |
| FY2018 | Dec 29, 2018 | 16.4% | +0.2 |
| FY2017 | Dec 30, 2017 | 16.2% | −2.3 |
| FY2016 | Dec 31, 2016 | 18.5% | +1.9 |
| FY2015 | Jan 2, 2016 | 16.6% | −1.8 |
| FY2014 | Jan 3, 2015 | 18.4% | +1.2 |
| FY2013 | Dec 28, 2013 | 17.1% | −1.0 |
| FY2012 | Dec 29, 2012 | 18.1% | +0.7 |
| FY2011 | Dec 31, 2011 | 17.4% | +0.3 |
| FY2010 | Jan 1, 2011 | 17.1% | −0.2 |
| FY2009 | Jan 2, 2010 | 17.2% | −1.1 |
| FY2008 | Jan 3, 2009 | 18.3% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Oct 3, 2026 | 15.1% | −5.3 |
| Q2 FY2026 | Jul 4, 2026 | 16.9% | −1.7 |
| Q1 FY2026 | Apr 4, 2026 | 15.9% | −1.9 |
| Q4 FY2025 | Jan 3, 2026 | 26.3% | +7.3 |
| Q3 FY2025 | Sep 27, 2025 | 20.4% | −2.1 |
| Q2 FY2025 | Jun 28, 2025 | 18.6% | −3.4 |
| Q1 FY2025 | Mar 29, 2025 | 17.7% | −0.5 |
| Q4 FY2024 | Dec 28, 2024 | 19.0% | −42.7 |
| Q3 FY2024 | Sep 28, 2024 | 22.5% | +4.7 |
| Q2 FY2024 | Jun 29, 2024 | 22.0% | +4.2 |
| Q1 FY2024 | Mar 30, 2024 | 18.2% | +2.2 |
| Q4 FY2023 | Dec 30, 2023 | 61.8% | +43.5 |
| Q3 FY2023 | Sep 30, 2023 | 17.8% | +1.5 |
| Q2 FY2023 | Jul 1, 2023 | 17.8% | +1.3 |
| Q1 FY2023 | Apr 1, 2023 | 16.0% | +3.7 |
| Q4 FY2022 | Dec 31, 2022 | 18.2% | +2.2 |
| Q3 FY2022 | Oct 1, 2022 | 16.3% | −12.3 |
| Q2 FY2022 | Jul 2, 2022 | 16.5% | −0.4 |
| Q1 FY2022 | Apr 2, 2022 | 12.3% | −3.7 |
| Q4 FY2021 | Jan 1, 2022 | 16.0% | +3.2 |
| Q3 FY2021 | Oct 2, 2021 | 28.6% | +14.9 |
| Q2 FY2021 | Jul 3, 2021 | 16.9% | +8.6 |
| Q1 FY2021 | Apr 3, 2021 | 16.0% | +0.4 |
| Q4 FY2020 | Jan 2, 2021 | 12.8% | −6.5 |
| Q3 FY2020 | Sep 26, 2020 | 13.7% | −3.1 |
| Q2 FY2020 | Jun 27, 2020 | 8.3% | −10.1 |
| Q1 FY2020 | Mar 28, 2020 | 15.6% | +0.8 |
| Q4 FY2019 | Dec 28, 2019 | 19.3% | +0.8 |
| Q3 FY2019 | Sep 28, 2019 | 16.8% | +1.7 |
| Q2 FY2019 | Jun 29, 2019 | 18.3% | +1.7 |
| Q1 FY2019 | Mar 30, 2019 | 14.7% | −0.2 |
| Q4 FY2018 | Dec 29, 2018 | 18.5% | +8.6 |
| Q3 FY2018 | Sep 29, 2018 | 15.1% | −3.4 |
| Q2 FY2018 | Jun 30, 2018 | 16.7% | −2.9 |
| Q1 FY2018 | Mar 31, 2018 | 14.9% | −2.6 |
| Q4 FY2017 | Dec 30, 2017 | 9.9% | −11.3 |
| Q3 FY2017 | Sep 30, 2017 | 18.5% | – |
| Q2 FY2017 | Jul 1, 2017 | 19.6% | – |
| Q1 FY2017 | Apr 1, 2017 | 17.5% | – |
| Q4 FY2016 | Dec 31, 2016 | 21.2% | – |
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