The Middleby Corporation
The Middleby Corporation designs, manufactures, markets, distributes, and services a range of foodservice, food processing, and residential kitchen equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. Its Commercial F…
Industrial - Machinery
US, Elgin [HQ]
MIDD/Financial Reporting
Income Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 646.00 | 719.00 | 855.00 | 1,038.00 | 1,428.00 | 1,636.00 | 1,826.00 | 2,267.00 | 2,335.00 | 2,722.00 | 2,959.00 | 2,513.00 | 3,250.00 | 4,032.00 | 4,036.00 | |
|
EPS
|
1.16 | 1.36 | 1.77 | 2.22 | 2.76 | 3.41 | 3.36 | 4.98 | 5.26 | 5.71 | 6.33 | 3.76 | 8.85 | 8.07 | 7.48 | |
| Diluted in mil. | 1.10 | 1.32 | 1.72 | 2.20 | 2.74 | 3.40 | 3.36 | 4.98 | 5.26 | 5.70 | 6.33 | 3.76 | 8.62 | 7.95 | 7.41 | |
|
Profit
|
250.00 | 286.00 | 344.00 | 402.00 | 550.00 | 640.00 | 706.00 | 901.00 | 912.00 | 1,004.00 | 1,103.00 | 882.00 | 1,194.00 | 1,446.00 | 1,512.00 | |
| Gross Margin | 38.76 | 39.86 | 40.21 | 38.82 | 38.50 | 39.14 | 38.68 | 39.74 | 39.08 | 36.88 | 37.29 | 35.10 | 36.76 | 35.87 | 37.46 | |
| Pre Tax | 99.00 | 114.00 | 140.00 | 174.00 | 225.00 | 280.00 | 281.00 | 421.00 | 383.00 | 423.00 | 462.00 | 268.00 | 619.00 | 564.00 | 519.00 | |
| Profit Margin | 15.42 | 15.89 | 16.41 | 16.80 | 15.80 | 17.16 | 15.39 | 18.58 | 16.42 | 15.55 | 15.63 | 10.67 | 19.06 | 14.00 | 12.87 | |
| ETR | 38.68 | 36.21 | 32.02 | 30.81 | 31.82 | 31.15 | 31.85 | 32.54 | 22.27 | 25.11 | 23.86 | 22.67 | 21.15 | 22.65 | 22.81 | |
| Net | 61.00 | 72.00 | 95.00 | 120.00 | 153.00 | 193.00 | 191.00 | 284.00 | 298.00 | 317.00 | 352.00 | 207.00 | 488.00 | 436.00 | 400.00 | |
| Profit Margin | 9.46 | 10.13 | 11.15 | 11.63 | 10.77 | 11.81 | 10.49 | 12.53 | 12.76 | 11.65 | 11.90 | 8.25 | 15.03 | 10.83 | 9.93 | |
| EBITDA | 111.00 | 139.00 | 148.00 | 210.00 | 241.00 | 331.00 | 326.00 | 455.00 | 475.00 | 501.00 | 550.00 | 372.00 | 573.00 | 663.00 | 856.00 | |
| EBITDA Margin | 17.23 | 19.44 | 17.37 | 20.28 | 16.92 | 20.23 | 17.90 | 20.09 | 20.36 | 18.42 | 18.62 | 14.82 | 17.64 | 16.44 | 21.23 | |
| Operating Income | 111.00 | 122.00 | 148.00 | 188.00 | 244.00 | 300.00 | 302.00 | 446.00 | 410.00 | 445.00 | 514.00 | 324.00 | 448.00 | 639.00 | 731.00 | |
| Operating Margin | 17.23 | 17.07 | 17.37 | 18.12 | 17.11 | 18.36 | 16.57 | 19.68 | 17.57 | 16.38 | 17.37 | 12.91 | 13.79 | 15.86 | 18.12 | |
| Interest Income | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | 82.00 | 78.00 | 57.00 | 88.00 | - - | |
| Loss | -535.00 | -596.00 | -707.00 | -850.00 | -1,184.00 | -1,342.00 | -1,495.00 | -1,811.00 | -1,859.00 | -2,257.00 | -2,439.00 | -2,163.00 | -2,723.00 | -3,383.00 | -3,305.00 | |
| Cost of Revenue | -396.00 | -432.00 | -511.00 | -635.00 | -878.00 | -995.00 | -1,120.00 | -1,366.00 | -1,422.00 | -1,718.00 | -1,855.00 | -1,631.00 | -2,055.00 | -2,586.00 | -2,524.00 | |
|
Operating Expenses
|
-139.00 | -163.00 | -195.00 | -214.00 | -305.00 | -346.00 | -375.00 | -444.00 | -436.00 | -538.00 | -583.00 | -531.00 | -667.00 | -797.00 | -780.00 | |
| R&D | - - | - - | - - | -14.00 | -21.00 | -22.00 | -22.00 | -26.00 | -29.00 | -35.00 | -41.00 | -35.00 | -41.00 | -48.00 | -53.00 | |
| G&A | -74.00 | -88.00 | -104.00 | -108.00 | -149.00 | -164.00 | -181.00 | -220.00 | - - | - - | -564.00 | -491.00 | -622.00 | -754.00 | - - | |
| SG&A | -139.00 | -163.00 | -195.00 | -214.00 | -305.00 | -346.00 | -375.00 | -444.00 | -436.00 | -538.00 | -583.00 | -531.00 | -667.00 | -797.00 | -727.00 | |
| S&M | -64.00 | -75.00 | -91.00 | -106.00 | -155.00 | -182.00 | -193.00 | -223.00 | - - | - - | -19.00 | -39.00 | -45.00 | -42.00 | - - | |
| Depreciation and Amortization | -15.00 | -17.00 | -19.00 | -26.00 | -43.00 | -41.00 | -54.00 | -58.00 | -69.00 | -97.00 | -103.00 | -110.00 | -125.00 | -138.00 | -125.00 | |
| Interest Expenses | -11.00 | -8.00 | -8.00 | -9.00 | -15.00 | -15.00 | -16.00 | -23.00 | -25.00 | -58.00 | -82.00 | -78.00 | -57.00 | -88.00 | -152.00 | |
| Other Expenses | - - | - - | - - | -4.00 | -2.00 | -2.00 | -33.00 | -11.00 | -66.00 | -16.00 | -51.00 | -56.00 | -171.00 | -75.00 | -212.00 | |
|
WA Shares Outstanding
|
52.00 | 53.00 | 53.00 | 54.00 | 55.00 | 56.00 | 56.00 | 57.00 | 56.00 | 55.00 | 55.00 | 55.00 | 55.00 | 54.00 | 53.00 | |
| Diluted | 55.00 | 55.00 | 55.00 | 54.00 | 56.00 | 56.00 | 56.00 | 57.00 | 56.00 | 55.00 | 55.00 | 55.00 | 56.00 | 54.00 | 54.00 |