MIDDLEBY Corp (MIDD) Financial Statements (2026 and earlier)

Company Profile

Business Address 1400 TOASTMASTER DRIVE
ELGIN, IL 60120
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 358 - Refrigeration And Service Industry Machinery (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments222690247162180268
Cash and cash equivalent222690247162180268
Receivables573643645631577363
Inventory, net of allowances, customer advances and progress billings6938429361,078837540
Inventory6938429361,078837540
Prepaid expense41242592018
Contract with customer, asset, after allowance for credit loss576847402220
Disposal group, including discontinued operation1,102     
Other undisclosed current assets546466857161
Total current assets:2,7432,3301,9662,0061,7071,270
Noncurrent Assets
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization432526511444381344
Long-term investments and receivables      
Long-term investments      
Accounts and financing receivable, after allowance for credit loss      
Intangible asset, including goodwill, after accumulated amortization2,8614,1294,1794,2064,1193,385
Goodwill1,8002,5182,4862,4122,2431,934
Intangible asset, excluding goodwill, after accumulated amortization1,0611,6111,6931,7941,8751,450
Deferred income tax assets86873376
Other noncurrent assets165200204213143127
Other undisclosed noncurrent assets1069139   
Total noncurrent assets:3,5734,9534,9414,8694,6773,932
TOTAL ASSETS:6,3157,2836,9076,8756,3845,202
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities781785806943888677
Accounts payable207209227271305183
Accrued liabilities575576579671583495
Debt444445462723
Disposal group, including discontinued operation242     
Total current liabilities:1,068829851988915700
Noncurrent Liabilities
Long-term debt and lease obligation2,1292,3512,3802,6772,3871,707
Long-term debt, excluding current maturities2,1292,3512,3802,6772,3871,707
Liabilities, other than long-term debt342464425412587819
Deferred income tax liabilities157252216220187147
Liability, pension and other postretirement and postemployment benefits8101215220470
Other liabilities178203197177181202
Total noncurrent liabilities:2,4712,8152,8063,0892,9742,526
Total liabilities:3,5393,6453,6574,0773,8893,226
Equity
Equity, attributable to parent2,7763,6383,2502,7982,4941,977
Common stock000000
Treasury stock, value(1,735)(941)(906)(831)(566)(537)
Additional paid in capital603520479408357433
Accumulated other comprehensive loss(142)(269)(223)(278)(359)(488)
Retained earnings4,0504,3283,9003,4993,0622,569
Total equity:2,7763,6383,2502,7982,4941,977
TOTAL LIABILITIES AND EQUITY:6,3157,2836,9076,8756,3845,202

Income Statement (P&L) ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues3,2013,8754,0374,0333,2512,513
Cost of revenue
(Cost of Product and Service Sold)		(1,949)(2,405)(2,503)(2,586)(2,056)(1,631)
Gross profit:1,2521,4701,5341,4471,195882
Operating expenses(677)(814)(899)(807)(675)(558)
Other undisclosed operating income     110 
Operating income:575656635640630324
Nonoperating income (expense)
(Other Nonoperating Income (Expense))		(5)(2)(4)(29)2(3)
Interest and debt expense(94)(92)(120)(89)(57)(79)
Other undisclosed income from continuing operations before equity method investments, income taxes      25
Income from continuing operations before equity method investments, income taxes:476562510522574268
Other undisclosed income from continuing operations before income taxes61594345 
Income from continuing operations before income taxes:482577519564620268
Income tax expense(115)(149)(118)(128)(131)(61)
Income from continuing operations:367428401437488207
Income before gain (loss) on sale of properties:✕✕✕✕✕488207
Loss from discontinued operations (63)     
Other undisclosed net loss      
Net income:304428401437488207
Other undisclosed net loss attributable to parent(582)     
Net income (loss) available to common stockholders, diluted:(278)428401437488207

Comprehensive Income ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income:304428401437488207
Other comprehensive income (loss)128(46)5581129(137)
Comprehensive income:43238245651761870
Other undisclosed comprehensive loss, net of tax, attributable to parent(582)     
Comprehensive income (loss), net of tax, attributable to parent:(150)38245651761870

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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