Middleby (MIDD) Asset Utilization Ratio (2010 - 2026)
Middleby (MIDD) posted quarterly Asset Utilization Ratio of 0.51 for Q1 2026, up 16.17% year-over-year from 0.43 in Q1 2025, and up 9.34% quarter-over-quarter from 0.46 in Q3 2025.
Middleby (MIDD) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Middleby (MIDD) has reported Asset Utilization Ratio for 17 consecutive years, with 0.51 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 16.17% year-over-year to 0.51; the TTM figure through Jan 2026 stood at 0.51 (up 16.17% YoY), while the FY2026 annual figure was 0.47, up 6.04% from the prior year.
- Asset Utilization Ratio improved to 0.51 in Q1 2026 per MIDD's latest filing, from 0.46 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.6 in Q4 2022 and bottomed at 0.36 in Q3 2024.
- Historically, Asset Utilization Ratio has averaged 0.49 across 5 years, with a median of 0.49 in 2023.
- Annual changes were most pronounced in 2024 — Asset Utilization Ratio tumbled 38.95% — and 2025, when it advanced 29.66%.
- Middleby's Asset Utilization Ratio stood at 0.6 in 2022, then decreased by 21.25% to 0.47 in 2023, then fell by 7.23% to 0.43 in 2024, then climbed by 6.25% to 0.46 in 2025, then grew by 9.34% to 0.51 in 2026.
- Business Quant data shows MIDD's Asset Utilization Ratio at 0.51 in Q1 2026, 0.46 in Q3 2025, and 0.42 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 258.29 Bn | 245.17 Bn | 2.36 Bn | 0.53 |
| 2 | Eaton | 163.50 Bn | 162.81 Bn | 2.86 Bn | 1.07 |
| 3 | Parker-Hannifin | 125.73 Bn | 125.26 Bn | 2.02 Bn | 0.69 |
| 4 | Emerson Electric | 87.21 Bn | 85.03 Bn | 2.66 Bn | 0.44 |
| 5 | Cummins | 81.69 Bn | 77.03 Bn | 2.47 Bn | 0.99 |
| 6 | Illinois Tool Works | 80.75 Bn | 79.91 Bn | 1.90 Bn | 1.01 |
| 7 | Ametek | 54.58 Bn | 54.08 Bn | 735.04 Mn | 0.48 |
| 8 | Rockwell Automation | 48.47 Bn | 47.99 Bn | 1.14 Bn | 0.80 |
| 9 | Ingersoll Rand | 31.60 Bn | 30.43 Bn | 862.60 Mn | 0.44 |
| 10 | Middleby | 5.23 Bn | 5.07 Bn | 335.08 Mn | 0.57 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 4, 2026 | 0.57 |
| Jan 3, 2026 | 0.51 |
| Sep 27, 2025 | 0.46 |
| Jun 28, 2025 | 0.42 |
| Mar 29, 2025 | 0.43 |
| Dec 28, 2024 | 0.43 |
| Sep 28, 2024 | 0.36 |
| Jun 29, 2024 | 0.39 |
| Mar 30, 2024 | 0.43 |
| Dec 30, 2023 | 0.47 |
| Sep 30, 2023 | 0.58 |
| Jul 1, 2023 | 0.58 |
| Apr 1, 2023 | 0.59 |
| Dec 31, 2022 | 0.60 |
| Oct 1, 2022 | 0.58 |
| Jul 2, 2022 | 0.56 |
| Apr 2, 2022 | 0.53 |
| Oct 2, 2021 | 0.56 |
| Jul 3, 2021 | 0.55 |
| Apr 3, 2021 | 0.49 |