{ "ok": true, "cik": "769520", "ticker": "MIDD", "name": "THE MIDDLEBY CORPORATION", "filings": [ { "form": "8-K", "filed": "2026-09-10", "items": [ "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/769520/000110465926106538/0001104659-26-106538-index.htm" }, { "form": "8-K", "filed": "2026-09-09", "items": [ "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/769520/000110465926106313/0001104659-26-106313-index.htm" }, { "form": "10-Q", "filed": "2026-08-13", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/769520/000076952026000047/0000769520-26-000047-index.htm" }, { "form": "8-K", "filed": "2026-08-11", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/769520/000076952026000044/0000769520-26-000044-index.htm" }, { "form": "8-K", "filed": "2026-07-06", "items": [ "1.01 Entry into a Material Definitive Agreement", "2.01 Completion of Acquisition or Disposition of Assets", "5.02 Departure or Election of Directors; Appointment of Officers", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/769520/000119312526295648/0001193125-26-295648-index.htm" }, { "form": "8-K", "filed": "2026-06-29", "items": [ "7.01 Regulation FD Disclosure", "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/769520/000119312526288597/0001193125-26-288597-index.htm" } ], "events12m": 24, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000769520.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=769520" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets, no buy or sell views.", "edgar": "🫧 Edgar looked up THE MIDDLEBY CORPORATION ($MIDD). Last filing: 8-K (7.01 Regulation FD Disclosure), 2026-09-10. 24 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2026-01-03", "revenue": 3201202000, "revenueGrowth1y": 0.016177502722809267, "revenueGrowthPerYear": -0.0038304649629815612, "yearsOfData": 5, "operatingMargin": 0.17958598051606864, "operatingMarginPrior": 0.20446797846131676, "netMargin": -0.08675834889519624, "operatingCashFlow": 630197000, "capitalSpending": 70729000, "freeCashFlow": 559468000, "researchAndDevelopment": 58800000, "researchShareOfRevenue": 0.01836810048225635, "cash": 222239000, "longTermDebt": 2173002000, "longTermDebtChange": -0.09271765675031218, "revenueHistory": [ { "fiscalYearEnd": "2022-01-01", "revenue": 3250792000 }, { "fiscalYearEnd": "2022-12-31", "revenue": 4032853000 }, { "fiscalYearEnd": "2023-12-30", "revenue": 3242090000 }, { "fiscalYearEnd": "2024-12-28", "revenue": 3150239000 }, { "fiscalYearEnd": "2026-01-03", "revenue": 3201202000 } ], "totalEquity": 2776229000, "totalAssets": 6315166000, "equityRatio": 0.43961298879554395, "returnOnEquity": -0.10003893771010965, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "range80": { "low": 2472190676.5928383, "high": 3663989878.662113, "baseline": 3108500787.869783, "n": 4599, "band": "b1" }, "ifPaceHeld": { "low": 2472190676.5928383, "high": 3663989878.662113 } }, "edgarette": "🔖 Exposure: revenue $3.2B (FY2026), total debt $2.2B. Experience: revenue up 1.6% on the year, down 0.4% a year over 4 years; operating margin 18.0%, down from 20.4%. Soundness: equity 44.0% of assets, return on equity -10.0%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $2.5B and $3.7B next year (method v3, set from 4,599 SEC company-years; on a year the method never saw, 83% landed inside). A range, not a forecast. Against peers (108 filers, $50M+ revenue, its industry group): operating margin 18.0% against a 9.7% median; growth 1.6% against 5.8%.", "peers": { "sic": 3580, "sicDescription": "Refrigeration & Service Industry Machinery", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "35", "growth": [ 0.0576, 116 ], "opMargin": [ 0.0972, 108 ], "equityRatio": [ 0.4545, 109 ], "returnOnEquity": [ 0.0929, 100 ], "payoutRatio": [ 0.3232, 55 ] }, "summary": "The Middleby (MIDD) grew revenue 1.6% in FY2026 to $3.2 billion, operating margin 18.0% against a 9.7% median for refrigeration & service industry machinery, equity 44.0% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
THE MIDDLEBY CORPORATION against its own record and its peers
Operating marginPeer median 9.7%18.0%Revenue, on the yearPeer median 5.8%1.6%Equity of assetsPeer median 45.5%44.0%Return on equityPeer median 9.3%-10.0%Gold tick: the median of 100–109 peers with $50M+ revenue in refrigeration & service industry machinery
", "chartHorizon": null, "backtest": { "tests": 14, "hits": 11, "rate": 0.7857142857142857, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T15:18:32.308Z", "hash": "209cafde7b02b8bd", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "The Middleby (MIDD) grew revenue 1.6% in FY2026 to $3.2 billion, operating margin 18.0% against a 9.7% median for refrigeration & service industry machinery, equity 44.0% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2026-01-03", "revenue": 3201202000, "totalDebt": 2173002000, "cash": 222239000 }, "experience": { "revenueGrowth1y": 0.016177502722809267, "revenueGrowthPerYear": -0.0038304649629815612, "operatingMargin": 0.17958598051606864, "operatingMarginPrior": 0.20446797846131676, "netMargin": -0.08675834889519624, "freeCashFlow": 559468000 }, "soundness": { "equityRatio": 0.43961298879554395, "returnOnEquity": -0.10003893771010965, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 3580, "sicDescription": "Refrigeration & Service Industry Machinery", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "35", "growth": [ 0.0576, 116 ], "opMargin": [ 0.0972, 108 ], "equityRatio": [ 0.4545, 109 ], "returnOnEquity": [ 0.0929, 100 ], "payoutRatio": [ 0.3232, 55 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "range": { "low": 2472190676.5928383, "high": 3663989878.662113, "baseline": 3108500787.869783, "coverage": 0.8, "method": "v3", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); range = 10th to 90th percentile of how SEC company-years of the same size band actually turned out", "calibratedOn": { "companyYears": 4599, "sizeBand": "b1" }, "kind": "a calibrated range, not a forecast; no view on the share price", "track": { "backtest": { "tests": 14, "hits": 11, "rate": 0.7857142857142857, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T15:18:32.308Z", "hash": "209cafde7b02b8bd", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000769520.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=769520" } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same if-the-pace-held arithmetic applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so." } }