MIDDLEBY price to free cash flow MIDD
Market value divided by free cash flow over the last twelve months, since 2011.
- Today, Oct 23, 2026
- 10.3×
- 10-year median
- 16.3×
- Against its 10-year history
- 22nd
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 6.4× to 37.9×
- Peer median
- 19.7×
MIDDLEBY's price to free cash flow is 10.3× as of Oct 23, 2026.
That is below its ten-year median of 16.3×, lower than on 78% of days in the last ten years.
Over that time it ranged from 6.4× in Mar 2020 to 37.9× in Feb 2023.
The median for 10 industrial machinery stocks of a similar size is 19.7×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 10.3× | 8.7× | 12.5× |
| 2025 | 10.4× | 8.1× | 11.4× |
| 2024 | 9.1× | 8.0× | 14.8× |
| 2023 | 14.2× | 11.6× | 37.9× |
| 2022 | 31.7× | 15.2× | 34.1× |
| 2021 | 16.9× | 14.2× | 18.7× |
| 2020 | 13.7× | 6.4× | 16.7× |
| 2019 | 16.0× | 15.2× | 19.0× |
| 2018 | 14.8× | 14.8× | 23.5× |
| 2017 | 22.0× | 17.9× | 27.5× |
| 2016 | 25.5× | 17.6× | 28.4× |
| 2015 | 23.0× | 18.8× | 23.5× |
| 2014 | 21.5× | 20.1× | 38.4× |
| 2013 | 35.5× | 13.1× | 41.7× |
| 2012 | 12.6× | 10.1× | 16.3× |
| 2011 | 15.3× | 11.6× | 18.7× |
Against its peers
Companies in Industrial - Machinery nearest MIDDLEBY's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| MIDDMIDDLEBY | 10.3× |
| NOVTNovanta | 46.6× |
| POWLPowell Industries | 22.5× |
| JBTMJBT MAREL | 18.2× |
| AAONAaon | n/m |
| TEXTerex | n/m |
| ENSEnerSys | 8.4× |
| ALHAlliance Laundry | 16.5× |
| ESABESAB | 21.2× |
| GTESGates Industrial | 15.7× |
| MIRMirion Technologies | 27.6× |
| Peer median | 19.7× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on MIDDLEBY
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.