The Middleby Corporation Statistics
Total Valuation
MIDD has a market cap or net worth of $7.25 billion. The enterprise value is $9.07 billion.
| Market Cap | 7.25B |
| Enterprise Value | 9.07B |
Important Dates
The next estimated earnings date is Tuesday, February 18, 2025, before market open.
| Earnings Date | Feb 18, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
MIDD has 53.79 million shares outstanding. The number of shares has decreased by -0.32% in one year.
| Current Share Class | 53.79M |
| Shares Outstanding | 53.79M |
| Shares Change (YoY) | -0.32% |
| Shares Change (QoQ) | -0.06% |
| Owned by Insiders (%) | 1.19% |
| Owned by Institutions (%) | 92.03% |
| Float | 46.56M |
Valuation Ratios
The trailing PE ratio is 18.56 and the forward PE ratio is 13.89.
| PE Ratio | 18.56 |
| Forward PE | 13.89 |
| PS Ratio | 1.87 |
| Forward PS | 1.80 |
| PB Ratio | 2.02 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 11.13 |
| P/OCF Ratio | 10.31 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 10.99, with an EV/FCF ratio of 13.93.
| EV / Earnings | 23.11 |
| EV / Sales | 2.34 |
| EV / EBITDA | 10.99 |
| EV / EBIT | 12.88 |
| EV / FCF | 13.93 |
Financial Position
The company has a current ratio of 2.81, with a Debt / Equity ratio of 0.68.
| Current Ratio | 2.81 |
| Quick Ratio | 1.58 |
| Debt / Equity | 0.68 |
| Debt / EBITDA | 2.80 |
| Debt / FCF | 3.73 |
| Interest Coverage | 7.01 |
Financial Efficiency
Return on equity (ROE) is 11.73% and return on invested capital (ROIC) is 7.51%.
| Return on Equity (ROE) | 11.73% |
| Return on Assets (ROA) | 6.23% |
| Return on Capital (ROIC) | 7.51% |
| Revenue Per Employee | $360,927 |
| Profits Per Employee | $36,600 |
| Employee Count | 10,722 |
| Asset Turnover | 0.55 |
| Inventory Turnover | 2.50 |
Taxes
In the past 12 months, MIDD has paid $118.80 million in taxes.
| Income Tax | 118.80M |
| Effective Tax Rate | 23.24% |
Stock Price Statistics
The stock price has decreased by -7.06% in the last 52 weeks. The beta is 1.61, so MIDD's price volatility has been higher than the market average.
| Beta (5Y) | 1.61 |
| 52-Week Price Change | -7.06% |
| 50-Day Moving Average | 138.71 |
| 200-Day Moving Average | 137.36 |
| Relative Strength Index (RSI) | 40.85 |
| Average Volume (20 Days) | 607,925 |
Short Selling Information
The latest short interest is 2.55 million, so 4.75% of the outstanding shares have been sold short.
| Short Interest | 2.55M |
| Short Previous Month | 2.56M |
| Short % of Shares Out | 4.75% |
| Short % of Float | 5.49% |
| Short Ratio (days to cover) | 3.63 |
Income Statement
In the last 12 months, MIDD had revenue of $3.87 billion and earned $392.42 million in profits. Earnings per share was $7.26.
| Revenue | 3.87B |
| Gross Profit | 1.47B |
| Operating Income | 704.33M |
| Pretax Income | 500.93M |
| Net Income | 392.42M |
| EBITDA | 825.52M |
| EBIT | 704.33M |
| Earnings Per Share (EPS) | $7.26 |
Balance Sheet
The company has $608.81 million in cash and $2.43 billion in debt, giving a net cash position of -$1.82 billion or -$33.86 per share.
| Cash & Cash Equivalents | 608.81M |
| Total Debt | 2.43B |
| Net Cash | -1.82B |
| Net Cash Per Share | -$33.86 |
| Equity (Book Value) | 3.59B |
| Book Value Per Share | 66.82 |
| Working Capital | 1.48B |
Cash Flow
In the last 12 months, operating cash flow was $702.77 million and capital expenditures -$51.70 million, giving a free cash flow of $651.07 million.
| Operating Cash Flow | 702.77M |
| Capital Expenditures | -51.70M |
| Free Cash Flow | 651.07M |
| FCF Per Share | $12.10 |
Margins
Gross margin is 37.94%, with operating and profit margins of 18.20% and 10.14%.
| Gross Margin | 37.94% |
| Operating Margin | 18.20% |
| Pretax Margin | 13.21% |
| Profit Margin | 10.14% |
| EBITDA Margin | 21.33% |
| EBIT Margin | 18.20% |
| FCF Margin | 16.82% |
Dividends & Yields
MIDD does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 0.32% |
| Shareholder Yield | 0.32% |
| Earnings Yield | 5.41% |
| FCF Yield | 8.98% |
Analyst Forecast
The average price target for MIDD is $158.00, which is 17.28% higher than the current price. The consensus rating is "Buy".
| Price Target | $158.00 |
| Price Target Difference | 17.28% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
| Revenue Growth Forecast (5Y) | 2.11% |
| EPS Growth Forecast (5Y) | 13.63% |
Stock Splits
The last stock split was on June 27, 2014. It was a forward split with a ratio of 3:1.
| Last Split Date | Jun 27, 2014 |
| Split Type | Forward |
| Split Ratio | 3:1 |
Scores
MIDD has an Altman Z-Score of 3.14 and a Piotroski F-Score of 7.
| Altman Z-Score | 3.14 |
| Piotroski F-Score | 7 |