The Middleby Corporation Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Jan '21 Jan 2, 2021
Cash & Equivalents	175.13	689.53	247.5	162	180.36	268.1
Trading Asset Securities	2.12	1.99	2.9	6.81	-	-
Cash & Short-Term Investments	177.25	691.52	250.39	168.81	180.36	268.1
Cash Growth	-70.89%	176.17%	48.33%	-6.41%	-32.73%	183.71%
Receivables	738.74	711.38	691.65	671.57	598.73	383.69
Inventory	919.55	841.57	935.87	1,078	837.42	540.2
Prepaid Expenses	133.82	85.58	87.95	87.89	90.57	78.5
Total Current Assets	1,969	2,330	1,966	2,006	1,707	1,270
Property, Plant & Equipment	577.91	647.13	620.27	545.84	474.37	441.68
Long-Term Investments	12.45	27.97	39.88	58.18	3.65	-
Goodwill	2,025	2,518	2,486	2,412	2,243	1,934
Other Intangible Assets	1,470	1,611	1,693	1,794	1,875	1,450
Long-Term Deferred Tax Assets	6.89	6.28	7.95	6.74	33.19	76.05
Other Long-Term Assets	292.27	142.47	93.35	52.04	46.46	29.61
Total Assets	6,355	7,283	6,907	6,875	6,384	5,202
Accounts Payable	257.95	208.91	227.08	271.37	304.74	182.77
Accrued Expenses	315.13	293.58	316.1	346.3	315.72	259.21
Current Portion of Long-Term Debt	42.11	43.95	44.82	45.58	28.46	37.02
Current Portion of Leases	28.23	27.94	26.42	25.25	22.75	22.49
Current Unearned Revenue	176.9	120.5	118.68	185.82	133.32	93.87
Other Current Liabilities	131.24	134.44	118	113.95	109.9	104.89
Total Current Liabilities	951.56	829.32	851.09	988.28	914.89	700.26
Long-Term Debt	2,025	2,351	2,380	2,677	2,407	1,744
Long-Term Leases	-	98.04	87.55	80.24	74.2	76.53
Long-Term Unearned Revenue	21.61	19.93	15.72	12.5	11.6	13.52
Pension & Post-Retirement Benefits	9.04	9.57	12.13	14.95	219.68	469.5
Long-Term Deferred Tax Liabilities	229.68	252.06	216.14	220.2	186.94	147.22
Other Long-Term Liabilities	179.96	84.67	93.79	84.21	74.55	75.12
Total Liabilities	3,417	3,645	3,657	4,077	3,889	3,226
Common Stock	0.15	0.15	0.15	0.15	0.15	0.15
Additional Paid-In Capital	596.65	520.18	479.22	408.38	357.31	433.31
Retained Earnings	4,014	4,328	3,900	3,499	3,062	2,569
Treasury Stock	-1,523	-940.69	-906.03	-831.18	-566.4	-537.13
Comprehensive Income & Other	-149.31	-269.39	-223.2	-278.47	-359.08	-488.43
Shareholders' Equity	2,938	3,638	3,250	2,798	2,494	1,977
Total Liabilities & Equity	6,355	7,283	6,907	6,875	6,384	5,202
Total Debt	2,095	2,521	2,539	2,828	2,533	1,880
Net Cash (Debt)	-1,918	-1,830	-2,289	-2,659	-2,353	-1,612
Net Cash Per Share	-36.45	-33.75	-42.32	-48.39	-41.52	-29.23
Filing Date Shares Outstanding	50.37	53.62	53.6	53.61	54.66	55.64
Total Common Shares Outstanding	50.37	53.69	53.6	53.69	55.5	55.64
Working Capital	1,018	1,501	1,115	1,018	792.2	570.24
Book Value Per Share	58.32	67.77	60.63	52.11	44.95	35.53
Tangible Book Value	-558	-490.83	-929.5	-1,408	-1,625	-1,408
Tangible Book Value Per Share	-11.08	-9.14	-17.34	-26.23	-29.27	-25.31
Land	-	74.16	73.06	65.79	54.48	40.71
Buildings	-	372.85	346.53	306	270.81	245.44
Machinery	-	456.37	430.84	371.3	321.89	288.21
Order Backlog	-	629.6	757.7	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.