Middleby (MIDD) Change in Inventory (2009 - 2026)
Middleby (MIDD) posted quarterly Change in Inventory of -$36.0 million for Q1 2026, down 29.01% year-over-year from -$50.7 million in Q1 2025, and down 412.22% quarter-over-quarter from $11.5 million in Q3 2025.
Middleby (MIDD) Change in Inventory (2009 - 2026) Analysis & Trends
Middleby (MIDD) has reported Change in Inventory for 18 consecutive years, with -$36.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Inventory fell 29.01% year-over-year to -$36.0 million; the TTM figure through Jan 2026 stood at -$3.1 million (up 94.97% YoY), while the FY2026 annual figure was -$3.1 million, up 94.97% from the prior year.
- Change in Inventory slipped to -$36.0 million in Q1 2026 per MIDD's latest filing, from $11.5 million in the prior quarter.
- Across five years, Change in Inventory topped out at $241.5 million in Q1 2022 and bottomed at -$59.5 million in Q3 2023.
- Historically, Change in Inventory has averaged $17.5 million across 5 years, with a median of -$7.3 million in 2025.
- Annual changes were most pronounced in 2022 — Change in Inventory jumped 165.96% — and 2023, when it slumped 241.16%.
- Middleby's Change in Inventory stood at -$17.7 million in 2022, then jumped by 47.73% to -$9.3 million in 2023, then tumbled by 201.64% to -$27.9 million in 2024, then jumped by 141.32% to $11.5 million in 2025, then sank by 412.22% to -$36.0 million in 2026.
- Business Quant data shows MIDD's Change in Inventory at -$36.0 million in Q1 2026, $11.5 million in Q3 2025, and -$7.3 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.68 Bn | 246.56 Bn | 2.36 Bn | 814.00 Mn |
| 2 | Eaton | 163.82 Bn | 163.13 Bn | 2.86 Bn | - |
| 3 | Parker-Hannifin | 127.65 Bn | 127.17 Bn | 2.02 Bn | 43.00 Mn |
| 4 | Emerson Electric | 87.11 Bn | 84.93 Bn | 2.66 Bn | 60.00 Mn |
| 5 | Cummins | 82.65 Bn | 77.98 Bn | 2.47 Bn | 279.00 Mn |
| 6 | Illinois Tool Works | 80.97 Bn | 80.13 Bn | 1.90 Bn | 32.00 Mn |
| 7 | Ametek | 55.12 Bn | 54.63 Bn | 735.04 Mn | - |
| 8 | Rockwell Automation | 48.53 Bn | 48.05 Bn | 1.14 Bn | 21.00 Mn |
| 9 | Ingersoll Rand | 31.54 Bn | 30.37 Bn | 862.60 Mn | 2.00 Mn |
| 10 | Middleby | 5.12 Bn | 4.96 Bn | 335.08 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 3, 2026 | -36.01 Mn |
| Jan 3, 2026 | -36.01 Mn |
| Sep 27, 2025 | 11.53 Mn |
| Sep 27, 2025 | 11.53 Mn |
| Jun 28, 2025 | -7.33 Mn |
| Jun 28, 2025 | -7.33 Mn |
| Mar 29, 2025 | 28.74 Mn |
| Mar 29, 2025 | 28.74 Mn |
| Dec 28, 2024 | -27.91 Mn |
| Dec 28, 2024 | -27.91 Mn |
| Sep 28, 2024 | -25.36 Mn |
| Sep 28, 2024 | -25.36 Mn |
| Jun 29, 2024 | -20.65 Mn |
| Jun 29, 2024 | -20.65 Mn |
| Mar 30, 2024 | 12.97 Mn |
| Mar 30, 2024 | 12.97 Mn |
| Dec 30, 2023 | -9.25 Mn |
| Dec 30, 2023 | -9.25 Mn |
| Sep 30, 2023 | -59.45 Mn |
| Sep 30, 2023 | -59.45 Mn |