Business Description
The Middleby Corporation is a global manufacturer of commercial foodservice and food processing equipment. Headquartered in Elgin, Illinois, the company provides a wide range of solutions including cooking, warming, refrigeration, and beverage systems for restaurants and institutional kitchens. Middleby is known for its extensive portfolio of brands and its strong presence in the commercial kitchen sector.
Everything on The Middleby Corp.
Financials
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Revenue (FY2025)
$3.20B
YoY growth
+1.6%
Operating margin
18.0%
Direction
Expanding
Gross margin
39.1%
Net margin
11.5%
Earnings Transcripts
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Timothy J. FitzGerald — Chief Executive Officer
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Brittany C. Cerwin — Chief Financial Officer
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James K. Pool III — Chief Technology and Operations Officer
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Steven P. Spittle — Chief Commercial Officer
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Matthew R. Fuchsen — Chief Development Officer
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Bryan E. Mittelman — Special Advisor to the Chief Executive Officer (former Chief Financial Officer)
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Gordon J. O'Brien — Non-Executive Chairman of the Board
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Julie M. Bowerman — Director
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Sarah Palisi Chapin — Director
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Glenn A. Eisenberg — Director
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Edward P. Garden — Director
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Christopher M. Hix — Director
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Cathy L. McCarthy — Director
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Robert A. Nerbonne — Director
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Stephen R. Scherger — Director
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Tejas P. Shah — Director
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Share Repurchase Program
Total authorized
15,000,000 shares (cumulative, program adopted Nov 2017 with subsequent increases in May 2022, July 2024 and May 2025)
Remaining (fiscal year ended January 3, 2026)
6,855,060 shares remaining as of January 3, 2026
Latest FY repurchased
approximately $723.6 million (repurchase of treasury stock per the cash flow statement)
Named Competitors
Ali GroupDuke ManufacturingAB ElectroluxHaier GroupHoshizaki AmericaHobart CorporationVulcan-HartMarmon Foodservice TechnologiesMidea GroupPanasonic CorporationRational AGAMF Bakery SystemsDuravantGEA GroupJBT Marel CorporationProMach
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Recent SEC Filings
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