MIDDLEBY profit margin MIDD
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- −13.9%
- Operating margin, 12 months
- 16.5%
- Net margin on a year earlier
- −27.5 pts
- Peer median
- 7.1%
Over the twelve months to Jul 4, 2026, MIDDLEBY kept −13.9% of its revenue as net profit, with an operating margin of 16.5% and a gross margin of 38.4%.
Five years earlier its net margin was 11.0%.
The median for 10 industrial machinery stocks of a similar size is 7.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −8.7% | 17.4% | 39.1% |
| FY2024 | 13.6% | 20.8% | 39.7% |
| FY2023 | 9.9% | 15.7% | 38.0% |
| FY2022 | 10.8% | 15.9% | 35.9% |
| FY2021 | 15.0% | 19.4% | 36.8% |
| FY2020 | 8.2% | 12.9% | 35.1% |
| FY2019 | 11.9% | 17.4% | 37.3% |
| FY2018 | 11.6% | 16.4% | 36.9% |
| FY2017 | 12.8% | 16.2% | 39.1% |
| FY2016 | 12.5% | 19.7% | 39.7% |
| FY2015 | 10.5% | 16.6% | 38.7% |
| FY2014 | 11.8% | 18.4% | 39.1% |
| FY2013 | 10.8% | 17.1% | 38.5% |
| FY2012 | 11.6% | 18.1% | 38.8% |
| FY2011 | 11.2% | 17.4% | 40.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −13.9% | −27.5 pts | 16.5% | |
| Q1 FY26 | −12.7% | −26.6 pts | 16.9% | |
| Q4 FY25 | −8.7% | −22.3 pts | 17.4% | |
| Q3 FY25 | −6.4% | −18.2 pts | −3.4% | |
| Q2 FY25 | 13.6% | +2.7 pts | 19.9% | |
| Q1 FY25 | 13.9% | +3.6 pts | 20.7% | |
| Q4 FY24 | 13.6% | +3.7 pts | 20.8% | |
| Q3 FY24 | 11.8% | +0.5 pts | 18.0% | |
| Q2 FY24 | 10.9% | −0.2 pts | 17.0% | |
| Q1 FY24 | 10.3% | −0.9 pts | 16.2% | |
| Q4 FY23 | 9.9% | −0.9 pts | 15.7% | |
| Q3 FY23 | 11.3% | +0.8 pts | 17.4% |
Against its peers
Companies in Industrial - Machinery nearest MIDDLEBY's size, closest first, today.
| Company | Profit margin |
|---|---|
| MIDDMIDDLEBY | −13.9% |
| NOVTNovanta | 6.0% |
| POWLPowell Industries | 16.5% |
| JBTMJBT MAREL | 4.9% |
| AAONAaon | 8.2% |
| TEXTerex | 2.2% |
| ENSEnerSys | 9.3% |
| ALHAlliance Laundry | 10.1% |
| ESABESAB | 5.7% |
| GTESGates Industrial | 10.4% |
| MIRMirion Technologies | 2.4% |
| Peer median | 7.1% |
Where MIDDLEBY ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on MIDDLEBY
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.