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Middleby Corp (MIDD)

Middleby Corp (MIDD)
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The Middleby Corp provides cooking, warming, food preparation & packaging equipment to commercial, industrial processing & residential markets. The company has manufacturing & distribution operations in Europe, Asia & Latin America. Commercial Foodservice Equipment Group manufactures cooking equipment for restaurants & institutional kitchens. The products include conveyor ovens, proofing ovens, speed cooking ovens & induction cooking equipment. The equipment in this segment are sold under brands like Combi, Lang, MPC, PrefectFry, CookTek, Southbend & Wells. Food Processing Equipment Group manufactures equipment for the food processing industry. It offers a variety of products including batch ovens, processing ovens, defrosting & packaging equipment. The products are sold under various brands such as Auto-Bake, Alkar, Cozzini & RapidPak. Residential Kitchen Equipment Group manufactures equipment for the residential market. It offers ovens, dishwashers, cooktops, microwaves & other outdoor equipment.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 3,875,160 4,036,610 4,032,850 3,250,790 2,513,260
Sales Growth -4.00% +0.09% +24.06% +29.35% -15.08%
Net Income 428,430 400,880 436,570 488,490 207,290
Net Income Growth +6.87% -8.18% -10.63% +135.66% -41.15%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 7,283,150 6,906,690 6,874,870 6,383,600 5,202,470
Total Assets Growth +5.45% +0.46% +7.70% +22.70% +4.00%
Total Liabilities 3,644,720 3,656,800 4,077,120 3,889,320 3,225,830
Total Liabilities Growth -0.33% -10.31% +4.83% +20.57% +5.58%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 686,820 628,790 332,550 423,400 524,790
Operating Cash Flow Growth +9.23% +89.08% -21.46% -19.32% +39.04%
Net Cash Flow 442,040 85,500 -18,360 -87,740 173,600
Change in Net Cash Flow +417.01% +565.69% +79.07% -150.54% +661.40%
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