The Middleby Corporation designs, manufactures, markets, distributes, and services foodservice, food processing, and residential kitchen equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. Its Commercial Foodservice Equipment Group segment offers cooking and warming equipment for quick and full-service restaurants, convenience stores, retail outlets, hotels, and other institutions. This segment provides conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, rethermalizers, heated cabinets, charbroilers, ventless cooking systems, kitchen ventilations, toasters, griddles, mixers, refrigerators, blast chillers, coldrooms, ice machines, and freezers; steam cooking, food warming, catering, induction and countertop cooking, and coffee and beverage dispensing equipment; and stainless steel fabrication and custom millwork products. The company's Food Processing Equipment Group segment offers processing solutions for customers producing hot dog, dinner sausage, poultry, and lunchmeat, as well as muffin, cookie, and bread products. This segment provides batch, baking, proofing, conveyor, and continuous processing ovens; frying and automated thermal processing systems; grinders, slicers, reduction and emulsion systems, mixers, blenders, water cutting systems, food presses, and automated loading and unloading systems; and various battering and breading, seeding, food suspension and forming, food safety and handling, freezing, defrosting, and packaging equipment. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising ranges, cookers, stoves, ovens, refrigerators, dishwashers, microwaves, cooktops, wine coolers, ice machines, and ventilation and outdoor equipment. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The Middleby Corporation was founded in 1888 and is based in Elgin, Illinois.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Refrigeration & service industry machinery
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
Current SymbolNASDAQ:MIDD
Previous Symbol
CUSIP59627810
Phone847-741-3300
Debt
Debt-to-Equity Ratio1.24
Current Ratio1.88
Quick Ratio0.99
Price-To-Earnings
Trailing P/E Ratio17.75
Forward P/E Ratio18.26
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.34 billion
Price / Sales2.61
Cash Flow$7.4287 per share
Price / Cash Flow14.72
Book Value$24.34 per share
Price / Book4.49
Profitability
EPS (Most Recent Fiscal Year)$6.16
Net Income$298.12 million
Net Margins11.45%
Return on Equity22.14%
Return on Assets8.16%
Miscellaneous
Employees4,496
Outstanding Shares55,850,000
Market Cap$6.16 billion
OptionableOptionable
